Canada’s Department of Finance has released a code of conduct for the Canadian credit and debit cards industry, which aims to encourage choice and competition for businesses and consumers.
ECAS partners with PayPal
The E-Commerce Association of Singapore (ECAS) has entered into an agreement with PayPal that will allow Singaporean merchants to add PayPal as a payment option to their online shopping websites.
MasterCard boosts R&D operations
MasterCard Worldwide has launched a new research and development facility called MasterCard Labs, which aims to keep the company at the forefront of payments innovation.
Battle for RBS payment unit intensifies
The race to purchase The Royal Bank of Scotland Group’s (RBSG) Global Merchant Services operation is heating up, with Canada-based payment processor Moneris Solutions reported to be another bidder for the business.
Malaysian credit card tax heightens competition
Competition in Malaysia’s credit cards market has entered a new phase thanks to the introduction of the Credit Card Service Tax (CCST).
Commerzbank extends deal with First Data
Germany’s Commerzbank has agreed to extend its processing agreement with First Data. The deal means that First Data will continue to process cross-border Maestro transactions for Commerzbank until 2015.
Wells Fargo focuses on commercial cards
US issuer Wells Fargo is adding to its existing commercial card portfolio with new reporting and administration tools, in line with an increasing focus by many issuers on their commercial card portfolios.
TfL secures rights to Oyster brand
Transport for London (TfL), the UK body that operates London’s transport network, has gained the rights to the Oyster brand, the closed-loop prepaid transport card.
Hypercom follows smartphone trend
Payments company Hypercom has launched a solution for the iPhone, following a trend in the industry of enabling smartphones to function as a POS terminal.
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
