Galitt Wins Japanese Smart Card Contracts
French smart card consultancy Galitt says it is helping Japanese banks and credit card companies to migrate to EMV through deals signed with two Japanese companies.
EC to Again Review Visa Interchange
Visa's interchange fees are to come under renewed scrutiny, according to European Commissioner for Competition Policy Neelie Kroes.
Biometric Touch for Online Fund Transfers
New York-based SmartMetric says it has found a secure way for consumers to send cash over the Internet.
Mobile Operators Join GSM Payment Program
The GSM Association (GSMA) says that 14 mobile operators representing 900 million mobile phone subscribers have agreed to take part in the wireless industry association's Pay-Buy Mobile contactless pa...
Asia Payments Launches Malaysian Prepaid Venture
Asia Payment Systems says its Singapore-based subsidiary InterPay International Airtime has started selling prepaid cards and services in Malaysia. InterPay is distributing the prepaid cards through E...
Nomad Claims Prepaid Business Growth
Nomad Software, a UK card processor, says its prepaid card customer base increased by 50 percent in 2006.
DataCash To Buy Swedish E-Payments Firm
DataCash Group, a UK-based payments processor, has signed an agreement to buy Swedish payment services firm NetGiro Systems.
Americans Holding Deck of Credit Cards
Around 14 percent of the U.S population has more than 10 credit cards, according to Experian Consumer Direct's latest National Score Index study. The provider of direct-to-consumer credit reports also...
Discover Launches Mobile Payments Trial
Discover Financial Services, Morgan Stanley's U.S credit card business, has teamed up with Motorola to launch a mobile payment trial.
Jilted eFunds Sues MasterCard Over Break
U.S payment processor eFunds has filed a complaint against MasterCard for alleged breach of contract.
Barclaycard Pursues Contactless Payments in London Taxis
Barclaycard Business, the merchant acquiring arm of the UKÆs Barclays Bank, has announced a contactless card reader that can be installed in taxis. It has teamed up with London-based Computer Cab to d...
Canadians Turning Away from Bank Branches
The traditional bank branch continues to lose ground as Canadians increase their use of ATMs and Internet banking, according to the latest edition of an annual study by TNS Canadian Facts. The new rep...
Malaysian Mobile Operator Offers ATM Top-Ups
Malaysian mobile operator Maxis Communications is offering ATM top-ups to its prepaid wireless subscribers.
Bank of America to Launch Mobile Banking Service
Bank of America is rolling out mobile Internet banking to its online customers, allowing them to pay bills and transfer funds to other BofA accounts using cellphones.
Slovenian Bank Uses Multos for Visa Issuance
Banka Koper has become the first Visa issuer to use the Multos multi-application operating system for issuing Visa-branded smart cards. The Slovenian bank already uses Multos software for its MasterCa...
Researchers Doubt Web Image Authentication Schemes
Website authentication images do not offer any real additional protection for online banking customers over passwords and user names, a joint study by Harvard and Massachusetts Institute of Technology...
MasterCard Taps Infineon for Contactless Chips
Infineon Technologies says it is supplying contactless chips for MasterCard Worldwide's PayPass program.
State Bank of India Buys 3,000 NCR ATMs
NCR is to provide State Bank of India (SBI) with 3,000 Persona ATMs along with associated software and services. The U.S.-based vendor says the services include hardware and software installation as w...
MasterCard, Mobile Operators in Money Transfer Pilot
MasterCard Worldwide is to pilot an international money transfer service for unbanked consumers using GSM mobile phones.
UK Chip-And-PIN Migration Nearly Complete
One year after the official changeover to EMV cards in the UK, 99.9 percent of all British chip-and-PIN card transactions are now PIN-verified, says APACS. According to the UK payments association, ve...