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Showing 20 results out of 10000
News

UK spending slows in the run-up to Xmas - Visa

With seven weeks to go it seems UK consumers are yet to get into the Christmas spirit as Visa reports a 0.3% dip in total spending across all Visa products when compared to the same point last year.

12 Nov 2010
Uncategorized

Korea connects to global network

The Korea Financial Telecommunications and Clearings Institute (KFTC) is upgrading its ATM systems in order to connect to the global ATM network, ensuring that Korean cardholders can make use of ATM machines around the world without restriction or additional commission charges.

16 Nov 2010
News

Celebrity-hyped' prepaid card falls short

Teen fans are warned not to be blinded by the celebrity status of US reality TV stars, the Kardashian sisters, as hidden fees reveal their prepaid card to be less than glamorous.

17 Nov 2010
Distribution

Amex signs deal with China UnionPay

American Express (Amex) has told Bloomberg a Memorandum of Understanding (MoU) with Chinas bankcard association UnionPay may lead to Amex processing more transactions on its global network According to an Amex statement, the MoU will bring the issuer together with UnionPay to explore the expansion of their current co-operative activities. The current partnership allows Amex cards to run on China UnionPays network, but both companies will now look to work together to develop new areas of co-operation within China and in markets outside of China.

22 Nov 2010
Distribution

Contactless is key at CARTES 2010

A glance at the programme for the forthcoming CARTES & Identification trade show 2010 shows that contactless technology is ready to revolutionise the world of cards and payments. The show which brings together more than a dozen individual conferences and a huge exhibition in a single location will feature speakers covering every aspect of payment processing technology, but it is the development of contactless that is likely to be the central talking point.

22 Nov 2010
News

Banco Popular launches credit card rewards scheme

Financial services group Banco Popular North America (BPNA) is set to launch its MasterCard Platinum XTRA credit card with an enhanced rewards scheme, claimed to impose no restrictions on purchases.

23 Nov 2010
News

EAPS payments grow by 150% in Q3 2010

The Euro Alliance of Payment Schemes (EAPS) has reported its Q3 2010 payment data, showing transaction volumes to have rocketed by 150% when compared to figures from the same period in 2009.

23 Nov 2010
News

Canada's Tim Hortons to accept Interac debit

Canadian coffee and doughnut chain Tim Hortons will begin a nationwide roll-out of Interac debit cards after fears of a slowing-down of transactions through e-payments were allayed by rigorous piloting.

24 Nov 2010
News

German credit cards shall go to the ball

As credit cards emerge as the most popular payment method in German e-commerce it is believed a Cinderella label can finally be shaken off as they are allowed to step into the limelight.

25 Nov 2010
News

G&D launches interactive cards

Payment technology provider Giesecke & Devrient (G&D) has launched interactive cards to combat security fears in online banking.

26 Nov 2010
News

Visa report shows fragile EU recovery

EU consumer spending across Visa products grew by 1.2% in Q3 2010 compared to the same point last year but figures show a fragile European recovery from recession.The Visa Europe EU Consumer Spending Report, produced in conjunction with advisory firm Markit, shows consumer spending rose to 242bn ($317.3bn) from 202bn in Q3 2009. This 19.6% growth is unadjusted for card issuance, payment preference and inflation. Visa claims this figure signals the increasing preference amongst European consumers for card use, particularly debit cards.

29 Nov 2010