Industry strikes back in US debit interchange battle
Opposition to a Senate amendment on debit card interchange fees is growing in the US, with industry players fighting to stop it becoming law.
Japanese market held up as NFC role model
For those that doubt near-field communication (NFC) mobile payments will ever take off, Japan has been held up as an example of how a market can successfully implement the technology.
Kiosks mean instant boost for prepaid
Visa Europe’s head of prepaid cards expects instant issuance kiosks to help increase consumers’ awareness of prepaid products.
CIBC moves to dual issuance
Canadian Bank of Imperial Commerce (CIBC) is to acquire Citi’s Canadian C$2.1 billion ($2.04 billion) MasterCard portfolio.
Chip and PIN technology starts to bite in Australia
Figures from the APCA show that skimming fraud on Australian-issued credit cards and signature-permitted debit cards has dropped for the first time ever from A$50.1 million ($42.8 million) in 2008 to A$37.5 million ($32 million) in 2009.
Environmentally-friendly payment cards launched in Germany
Digital security provider Gemalto and Deutsche Post DHL have teamed up to roll out bio-sourced payment cards.
Debit market weathers economic storm
Consumers’ debit card usage has remained resilient during the economic downturn, according to a new study.
Community banks get customisation boost
Payment card customisation and personalisation has become a more viable option for community banks and credit unions in the US thanks to a service from Serverside Group and Shoreline Business Solutions.
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