New rights for credit cardholders and store card users in the UK have been announced that aim to put an end to ‘irresponsible lending practices’.
Visa to launch online shopping payments service
Visa is preparing to launch its Rightcliq online shopping payments service, which will aim to challenge players in the online shopping and payments space.
Australia’s RBA ponders value of intervention
The Reserve Bank of Australia (RBA), the regulator of Australia’s payment cards industry, has said it is uncertain whether it needs to take further action in regulating and reducing interchange fees further.
First Data announces management change
Michael Capellas, First Data’s CEO and chairman, is stepping down from his role at the payments processor and will take up a position as a senior advisor at KKR, the private equity firm that owns First Data.
Future of contactless payments questioned
Contactless payments have a long way to go before they become a firm favourite with consumers in the UK, according to one senior industry figure.
SIA-SSB wins Bank of Italy contract
Processor SIA-SSB has won a contract to manage the Bank of Italy’s interbank computerised archive of irregular payment data.
Total losses on UK payment cards tumble
Fraud on payment card transactions in the UK fell by 28 percent between 2008 and 2009 to £440.3 million ($667.1 million) – the first time that overall losses have decreased since 2006.
Global Payments seals Diners deal
Global Payments has signed an acquiring agreement with Diners Club International.
Downloads
Lafferty Cards Insider - intelligence to bank on for the global cards & payments industry
Lafferty Retail Banking Insider - intelligence to bank on for the global retail banking industry
Click here to view a complimentary issue of Lafferty Cards Insider
Click here to view a complimentary issue of Lafferty Retail Banking Insider
