American Express has ventured into the prepaid market with a product that is aimed at teenagers – and their parents who want to limit and monitor their children's spending.
Major Spanish processors to merge
Spanish payment card processors SERMEPA and Redes y Procesos are to finally merge – 18 months after discussions between the two players was first announced.
Mobile money transfer service piloted in Fiji
Vodafone Fiji has started pilot testing its M-PAiSA mobile money transfer service in Fiji – making it the first company in the Pacific to introduce such a payment service.
TSYS partners with Serverside Group
TSYS has partnered with Serverside Group, which specialises in card personalisation, to launch TSYS Card Shop as an ‘on-demand’ card production solution.
Brazil’s unbanked to benefit from cards agreement
Banco do Brasil and Banco Bradesco plan to target Brazil’s unbanked segment following the recent memorandum of understanding that both issuers signed.
US revisits interchange debate
Interchange fees have again become the focus of politicians in the US, with the issue being the subject of a hearing by the House of Representatives.
MasterCard enhances processing network
MasterCard has upgraded its global processing network in a bid to improve its revenue and operating efficiencies.
STAR Network wins SunTrust deal
US issuer SunTrust Banks has signed a deal with the STAR Network, which is owned by First Data, to provide PIN point-of-sale and ATM access to its debit cardholders.
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