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Banks Urged to Address Business-Payment Fraud with Clients
Banks must take the time to educate mid-size business clients about how to defend themselves against hackers, Javelin Strategy & Research says.
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Capital One Financial Corp. and MasterCard Inc. struck a deal with Costco Wholesale Corp. in Canada to issue a co-branded credit card when the retailer's contract with American Express Co. ends this year. more »
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Costco Wholesale Corp., the largest U.S. warehouse-club chain, will stop accepting all American Express Co. cards in Canada on Jan. 1. more »
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The term "opinion leader" has been used to describe those consumers who are wealthy, involved in their communities and knowledgeable about the world around them. Turns out, they also spend the most money on credit cards. more »
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Alliance Data Systems Corp. agreed to buy Conversant Inc. for $2.3 billion, gaining technology to distribute advertising across the Internet and measure the effectiveness of marketing campaigns. more »
Alliance Data Systems announced what it described as a long-term agreement to issue credit cards for the Midwestern grocery store chain Meijer. more »
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The Consumer Financial Protection Bureau issued a warning to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates. more »
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Home Depot is working with banks and law enforcement agencies to investigate a potential theft of its customers' credit and debit card information. more »
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American Express launched two new credit cards for Canadian consumers, with a focus on cash-back rewards. more »
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Amadeus, a payments vendor for travel companies, has integrated UnionPay credit and debit cards into its platform. more »
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WEX, a corporate payment provider, has signed an agreement to provide its Virtual Credit accounts payable platform to Zibrant, a U.K.-based events management company. more »
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Getting payment cards operating under a Single Euro Payments Area framework is the next big hurdle facing those seeking a common system in Europe. more »
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Square Inc. has received an investment from Victory Park Capital that it says will allow the company to significantly expand its Square Capital business financing program. more »

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