U.S. Merchants Launch Anti-Fees Ad Campaign
A series of advertisements about payment card interchange fees is appearing in Washington D.C. newspapers ahead of an investigation by the House Judiciary Committee Antitrust Task Force. The House hea...
U.S. Airport Parking Firm Goes Contactless
Affiliated Computer Services (ACS) says that its airport parking sites in North America will accept MasterCard PayPass contactless cards. The company says that it plans to install PayPass-enabled card...
China Companies Push eBanking Services
China Merchants Bank (CMB) has formed an alliance with e-payments processor 99Bill to promote Internet banking and online payment services in China. The partnership between CMB and Beijing-based 99Bil...
i-ATM Ad Firm Plans Stock Offer
Dundee, Scotland-based ATM advertising company i-Design is planning to list its shares on the London Stock Exchange's Alternative Investment Market (AIM). The company also wants to raise ₤3.5 mi...
French Commuters Test Cellphone Tickets
Commuters in the French cities of Aubagne and Etoile near Marseilles are taking part in a trial of cellphone-based transit tickets. The trial, known as TreiZEN, uses Nokia NFC (Near Field Communicatio...
U.S. Secret Service Cracks Card Ring
Six people in Florida have been charged with running an organized credit card counterfeiting ring that netted more than 200,000 stolen account numbers, the Secret Service says. The U.S. federal agency...
UK Railway In M-Payment Trial
UK railway operator Chiltern Railways is to launch a trial this August of a system that allows passengers to buy tickets from mobile phones using credit and debit cards.
New York Taxis Upgrade Payments Technology With VeriFone
Five thousand New York taxis have are committed to install VeriFone payment card readers and passenger information systems and the Committee for Taxi Safety, which has 3,000 member taxis in New York, ...
UK Faster Payment Plans Stall
The British banking industry has postponed plans to provide near-real-time phone and Internet payments by November 2007, according to UK payments association APACS. Currently, standard UK bank-to-bank...
Pan-European Payment Settlement Service Launches
VocaLink, the UK-based payments processor, has launched a pan-European clearing and settlement system in partnership with 10 banks. The system, ÇCSM (Euro CSM), is intended to help banks provide SEPA-...
Mobile Companies Call For Easier Rules on M-Finance
A new regulatory framework is needed to allow greater access to financial services via cellphones in developing countries, says a policy report from Vodafone, Nokia and wireless infrastructure supplie...
Barclaycard Promotes 3-in-1 Transit Card
Barclaycard is asking Londoners to pre-register for BarclayCard OnePulse, its combined credit card, Visa PayWave contactless payment card and Oyster contactless London transit card. The Visa-branded c...
Report Says Canada EMV Cost Higher than Fraud
The cost of migrating Canadian cards and point-of-sale terminals to EMV could end up being more than that of the fraud that the technology is intended to prevent, Mercator Advisory Group says. But mig...
Banks Issue SEPA Debit Cards
Italy's Banca Carige has become the first bank in Europe to issue a SEPA-compliant Visa chip-and-PIN debit card, while Allied Irish Bank (AIB) is converting all its debit cards to MasterCard's Maestro...
Morse Spinning Out Mobile Payment Platform
British IT services firm Morse is to demerge its Monitise mobile banking business. The new, separate company is to be listed on the London Stock Exchange's Alternative Investment Market (AIM), with tr...
VeriFone Europe Rolls Out Electronic Signature Capture System
VeriFone has expanded the range of PAYware integrated point-of-sale software that it markets in Europe, the Middle East and Africa. The two new offerings in EMEA are PAYware Signature for electronic s...
Cards Dominate UK Retail Payments, Report Says
Debit and credit cards now account for 64 percent of retail turnover in the UK, according to a study by the Centre for Retail Research (CRR). By contrast, cash only accounts for 32 percent, and cheque...
Thirty-Somethings ôMost Vulnerable to ID Theft
People in their 30s are the most likely age group to suffer identity theft due to their heavy use of e-commerce services, according to a Canadian law enforcement expert.
æPlug-and-PlayÆ Phishing Kit Speeds Server Assaults
It now takes just two seconds to hijack a server and use it for phishing attacks on banks, according to U.S-based IT security firm RSA.
ATM Network Offers Safety Tips
Pulse EFT Association, a U.S-based ATM and debit network operator, is running its 8th annual campaign to educate consumers on preventing financial fraud and protecting their identity.