|
DIRECT RESPONSE FINANCIAL SERVICES TO LAUNCH DIRECTLOAD, ITS PROPRIETARY DEBIT CARD LOADING NETWORK
|
|
Direct Response Financial Services, Inc., a leading provider of stored value and debit card products and services to Hispanics and other underserved consumers, today announced that it is building its own proprietary stored value card loading network under the name DirectLoad Network.
|
|
Posted: Monday, January 31, 2005
|
|
 |
|
ACIES ANNOUNCES LAUNCH OF WHOLESALE PAYMENT PROCESSING PROGRAM
|
|
Acies Corporation, an emerging leader in payment processing and electronic banking services to small and medium size merchants across the United States, today announced a wholesale program for its Independent Sales Organizations (ISOs) and authorized resellers.
|
|
Posted: Monday, January 31, 2005
|
|
|
|
CROSSCHECK, INC. BECOMES PROVIDER FOR HEARTLAND PAYMENT SYSTEMS CHECK PROGRAMS
|
|
CrossCheck, Inc., the nation's largest privately held payment guarantee company, announced the signing of an agreement with Heartland Payment Systems, Inc., a provider of payment processing services.
|
|
Posted: Monday, January 31, 2005
|
|
|
|
USA EPAY ADDS BLACKBERRY TO WIRELESS EPAY; SIGNS PRIME TIME SHUTTLE
|
|
USA ePay adds Blackberry RIM to Wireless ePay support list and Signs Prime Time Shuttle for processing.
|
|
Posted: Monday, January 31, 2005
|
|
|
|
KEEPING AHEAD OF SCAMS, PHISHING AND ‘72#’
|
|
A seemingly simple phone call or e-mail from your bank or investment company. They want to verify some personal information.
|
|
Posted: Sunday, January 30, 2005
|
|
|
|
TURN OF THE CARD CITY GETS MORE CREDIT, DEBIT PAYMENTS FOR FEES
|
|
More Altonians are saying, 'Just charge it,' when they go to City Hall. They also are using their plastic debit cards to pay for sewer bills, business licenses, permits and other transactions.
|
|
Posted: Sunday, January 30, 2005
|
|
|
|
HOT CHECK OFFICE SUGGESTS RETAILERS GET MORE INFO FROM CHECK-WRITERS
|
|
Shoppers, don't get your tail feathers in a ruffle. Baxter County merchants are only trying to protect themselves from the growing menace of fraudulent checks when they ask customers for identification.
|
|
Posted: Saturday, January 29, 2005
|
|
|
|
ASIA PAYMENT SYSTEMS, INC. REPORTS STEADY GROWTH IN RECURRING REVENUE STREAM
|
|
Asia Payment
Systems, Inc. today reported that with the launch
of operational APAYcard systems in Japan, the Company has achieved recurring
revenue streams that are growing daily.
|
|
Posted: Friday, January 28, 2005
|
|
|
|
HIMC CORPORATION LAUNCHES PAYBYCHECK V3.1
|
|
In an effort to continually improve its services to merchants and their respective clients, HIMC Corporation, under its wholly-owned subsidiary, ITI Internet Services, Inc. has recently launched system improvements to their signature electronic check processing product, PayByCheck.
|
|
Posted: Thursday, January 27, 2005
|
|
|
|
DEVIX GROUP PARTNERS WITH CARDINALCOMMERCE TO SUPPORT VERIFIED BY VISA AND MASTERCARD SECURECODE
|
|
Devix Group, a leading solution provider for online retailers and CardinalCommerce Corporation, a leading provider of payment authentication services, have announced a partnership through which Devix Group will use CardinalCommerce's Cardinal Centinel technology to provide its customers Verified by Visa and MasterCard SecureCode.
|
|
Posted: Thursday, January 27, 2005
|
|
|
|
SPANISH CREDIT CARD PORTAL OPENS – TARJETASDECREDITO.COM
|
|
The business of marketing credit cards on the internet is a multi million dollar a year business. Spanish web surfers in the USA now have a one stop shop financial portal to apply for credit cards, debit cards, and merchant accounts.
|
|
Posted: Thursday, January 27, 2005
|
|
|
|
BANK OF AMERICA EXTENDS TSYS DEAL
|
|
Contract with longtime client now runs through 2014
|
|
Posted: Thursday, January 27, 2005
|
|
|
|
STATE BEGINS LOOKING INTO CREDIT CARD FEES
|
|
Individuals and businesses seeking protection from termination and late fees on credit cards instead may end up with advice - 'caveat emptor' or buyer beware - from the Legislature's Insurance and Financial Services Committee.
|
|
Posted: Wednesday, January 26, 2005
|
|
|
|
UNDERWRITING IN THE CREDIT CARD INDUSTRY IS A SIMPLE METHOD OF CONTROLLING RISK
|
|
Among the hardest things for credit card underwriters to manage are internet fraud and identification theft, which account for huge losses in the credit card industry.
|
|
Posted: Tuesday, January 25, 2005
|
|
|
|
ACIES LAUNCHES PAPERLESS PAYROLL SOLUTION FOR EMPLOYERS
|
|
Acies Corporation, an emerging leader in payment processing and electronic banking services to small and medium-size merchants across the United States, today announced its paperless payroll solution for employers.
|
|
Posted: Tuesday, January 25, 2005
|
|
|
|
TSYS FINALIZES CREDIT-PORTFOLIO AGREEMENT WITH BANK OF AMERICA
|
|
TSYS has added five years to its current agreement with Bank of America to provide exclusive processing services through 2014, according to a news release.
|
|
Posted: Tuesday, January 25, 2005
|
|
|
|
CERTEGY WINS MULTI-YEAR EXTENSION FOR PEP BOYS' CHECK RISK MANAGEMENT SERVICES
|
|
Certegy Inc. , a leading global payment services provider, announced today the renewal of a multi-year agreement to provide a comprehensive range of check risk management and loss prevention services for The Pep Boys - Manny, Moe & Jack, the nation's leading automotive aftermarket retail and service chain.
|
|
Posted: Monday, January 24, 2005
|
|
|
|
USA EPAY BUNDLES NO COST VISA MASTERCARD SECURITY SCANS FOR ITS ONLINE MERCHANTS
|
|
USA ePay has become the first payment processor to bundle Visa and MasterCard compliance security scanning at no additional cost to its merchants. In order to help ease the burden of card association security compliance requirements on its customers, USA ePay will sponsor, at no charge, the same annual compliance scanning service that ScanAlert, a qualified scanning vendor, retails for $149.
|
|
Posted: Monday, January 24, 2005
|
|
|
|
SOME PEOPLE DEPEND ON BANKS' BALANCES OF THEIR ACCOUNTS
|
|
A quarter century ago, Americans mostly needed to keep track of cash, checks and an occasional credit card to know their bottom lines.
|
|
Posted: Sunday, January 23, 2005
|
|
|
|
AMSOUTH LEADS TREND IN SAYING NO TO VERIFICATION
|
|
There are services that can help those merchants who want to continue to accept checks but don't want to gamble on good faith. TeleCheck, a subsidiary of Colorado-based FirstData (the company that bought Memphis-based Concord EFS last year), is one such service.
|
|
Posted: Sunday, January 23, 2005
|
|
|
|
DISCOVER, WAL-MART TO ISSUE CREDIT CARD
|
|
In the latest challenge to the Visa and MasterCard dominance of the American credit card market, Discover Financial Services and Wal-Mart are teaming up to issue a new credit card to customers of the world's largest retailer, Discover said Friday.
|
|
Posted: Friday, January 21, 2005
|
|
|
|
FIRST ATLANTIC COMMERCE MAKES LANDFALL IN PANAMA
|
|
Enabling North American Internet merchants to expand into the Latin American market.
|
|
Posted: Friday, January 21, 2005
|
|
|
|
CHECK 21 TIPS FOR CONSUMERS FROM CONSUMERS UNION
|
|
Check 21 is a sweeping new federal law that takes away your ability to get back your original paper checks. This complicated law gives you some rights, but those rights depend on a variety of factors, including how the merchant and the bank decide to process your check.
|
|
Posted: Friday, January 21, 2005
|
|
|
|
FAIR ISAAC AND TSYS ADD ADVANCED STRATEGY DESIGN TO CREDIT CARD PORTFOLIO MANAGEMENT CAPABILITIES
|
|
New TRIAD Strategy Design Service Allows Lenders to Quickly Develop More Profitable Account Management Strategies.
|
|
Posted: Thursday, January 20, 2005
|
|
|
|
BIG PLANS FOR A SMALL CARD
|
|
Metavante testing whether credit card on key chain increases spending.
|
|
Posted: Tuesday, January 18, 2005
|
|
|
|
NODUS TECHNOLOGIES PARTNERS WITH WELLS FARGO TO PROVIDE MICROSOFT BUSINESS CUSTOMERS NEW SOLUTION
|
|
Innovative Solution Combats Cumbersome Reconciliation Issues and Delivers Secure Payments.
|
|
Posted: Tuesday, January 18, 2005
|
|
|
|
ASIA PAYMENTS SYSTEMS, INC. AND DFS TO LAUNCH CARD PROCESSING SOLUTION FOR NEW BUSINESS VENTURE
|
|
The World's Largest Duty-Free Retailer: DFS Group Will Implement Asia Payments' IP-based Card Processing Solution in a 40-terminal Installation at Its Latest Venture on Hainan Island in South China Early in 2005.
|
|
Posted: Tuesday, January 18, 2005
|
|
|
|
TOTAL SYSTEM SERVICES TO BUY VITAL STAKE
|
|
Total System Services Inc., the nation's second-largest credit card processor, said Tuesday it agreed to purchase the remaining 50-percent stake that Visa USA holds in Vital Processing Services LLC, a provider of credit and debit card clearing and settlement services.
|
|
Posted: Tuesday, January 18, 2005
|
|
|
|
GE CONSUMER FINANCE-CANADA ACQUIRES SMALL BUSINESS MASTERCARD PORTFOLIO FROM FIRST DATA
|
|
First Data to provide payment processing services.
|
|
Posted: Monday, January 17, 2005
|
|
|
|
TEXAS INSTRUMENTS TO DELIVER RFID SOLUTION FOR MASTERCARD PAYPASS
|
|
Texas Instruments today announced plans to deliver ISO/IEC 14443 compliant radio frequency identification (RFID) chips designed to meet the stringent security requirements for MasterCard International's PayPass line of RFID payment cards and tokens.
|
|
Posted: Monday, January 17, 2005
|
|
|
|
HAND HELD PRODUCTS UNVEILS RF PAYMENT ENABLED TRANSACTION TERMINAL
|
|
Hand Held Products, Inc., a leader in image based data collection systems for mobile, in-premise and transaction processing applications, announced the immediate availability of its TT8810 POS Transaction Terminal with Radio Frequency (RF) payment capability that supports non-contact credit payment processing at the point of sale.
|
|
Posted: Monday, January 17, 2005
|
|
|
|
MICROSOFT RETAIL MANAGEMENT SYSTEM MAKES SIGNIFICANT STRIDES TOWARD BECOMING SOLUTION OF CHOICE
|
|
Microsoft Business Solutions,
responding to independent retailers' growing need for industry-specific
point-of-sale (POS) solutions, is working with partners to meet the unique
needs of customers using Microsoft Business Solutions Retail Management
System, a complete POS and retail store automation solution.
|
|
Posted: Monday, January 17, 2005
|
|
|
|
PLASTIC PURCHASE ON THE GO
|
|
More Fast-Food Restaurants Accept Credit Cards.
|
|
Posted: Sunday, January 16, 2005
|
|
|
|
WALGREEN CO.: AMERICAN EXPRESS CARDS STILL ACCEPTED
|
|
Walgreen Co. said Friday that it will continue accepting American Express credit cards, reversing the decision it announced last month.
|
|
Posted: Saturday, January 15, 2005
|
|
|
|
PAYMENTS 2004: WHAT A YEAR OF CHANGE
|
|
Debit Is the Buzz.
|
|
Posted: Friday, January 14, 2005
|
|
|
|
INDUSTRY UPDATE
|
|
OTI Receives AmEx Certification
|
|
Posted: Friday, January 14, 2005
|
|
|
|
FIRST DATA SEES GRADUAL CLIMB IN ITS NUMBER OF EMPLOYEES
|
|
First Data Corp. ended 2004 with 232 more employees at its Hagerstown-area facility than it started the year with, thanks to company and industry growth, spokesman James Green said Wednesday.
|
|
Posted: Friday, January 14, 2005
|
|
|
|
AIRCHARGED WITH WIRELESS CHECK CONVERSION AND GUARANTEE
|
|
For many mobile merchants who run their businesses on the go, accepting checks at the point of sale is a payment method that's been more trouble than it's worth.
|
|
Posted: Friday, January 14, 2005
|
|
|
|
FIRST DATA WESTERN UNION FOUNDATION DONATES US$1 MILLION TO AID VICTIMS OF ASIA TSUNAMIS
|
|
Western Union Offers Reduced Pricing to Countries Most Impacted
|
|
Posted: Thursday, January 13, 2005
|
|
|
|
IN-HOUSE ISSUANCE OF PRIVATE LABEL MERCHANT CARDS TO SEE FURTHER DECLINE IN 2005
|
|
New TowerGroup Research Explores Ongoing Trends Toward Outsourcing or Outright Sale of Card Portfolios by Retailers, Oil Companies
|
|
Posted: Thursday, January 13, 2005
|
|
|
|
BANKS' FEE WAIVER WORTH THOUSANDS OF AID DOLLARS
|
|
Major trading banks have entered into the spirit of tsunami appeal-giving by waiving the fees they charge charities for processing credit card payments.
|
|
Posted: Thursday, January 13, 2005
|
|
|
|
MERGER OF DISCOVER FINANCIAL SERVICES AND PULSE EFT ASSOCIATION CLOSES FOLLOWING PULSE APPROVAL
|
|
PULSE and Discover Networks Combine to Offer New Choices of Electronic Payment Products and Services.
|
|
Posted: Wednesday, January 12, 2005
|
|
|
|
FIRST DATA COMPLETES ACQUISITION OF CREDIT CARD PROCESSING UNIT FROM FINECOBANK
|
|
Deal Creates Independent Transaction Processing Company in Italian Market.
|
|
Posted: Wednesday, January 12, 2005
|
|
|
|
EFUNDS CORPORATION TO ACQUIRE CLEARCOMMERCE CORPORATION
|
|
Deal Strengthens Retail and Financial Service Offerings With Fraud and Payment Solution for eCommerce and POS Transactions.
|
|
Posted: Wednesday, January 12, 2005
|
|
|
|
MOST CANADIANS PAY OFF HOLIDAY SHOPPING BILLS BY FEBRUARY
|
|
Visa Unveils Versatile Personal Finance Website.
|
|
Posted: Wednesday, January 12, 2005
|
|
|
|
BILL WOULD ALLOW USE OF CREDIT CARDS TO PAY ALL TAXES
|
|
Montanans could soon be paying property, business and other taxes with credit cards if a bill debated Wednesday becomes law.
|
|
Posted: Wednesday, January 12, 2005
|
|
|
|
ASIA PAYMENTS SYSTEMS INC. LAUNCHES IP-BASED CARD PROCESSING WITH DFS AT FLAGSHIP GALLERIA STORE
|
|
The World's Largest Duty Free Retailer, DFS Group, Began the Asian Roll-Out of Its New IP-Based Card Transaction Processing Solution in Japan With an 85-Terminal Installation at Its Flagship Galleria Store in Okinawa.
|
|
Posted: Wednesday, January 12, 2005
|
|
|
|
PEPPERCOIN SMALL TRANSACTION SUITE FIRST TO COMPLETE VISA CISP AND OTHER CREDIT CARD DATA SECURITY
|
|
Ambiron's Multi-Card Compliance Program Helps Protect Against Security Breaches.
|
|
Posted: Wednesday, January 12, 2005
|
|
|
|
MERCHANT 911 RECOMMENDS CARDINALCOMMERCE FOR FRAUD PROTECTION
|
|
CardinalCommerce, a leader in the payment authentication service market has been selected by Merchant 911, an organization dedicated to helping merchants combat fraud, chargebacks and related expenses, as a recommended provider of fraud-related chargeback reduction measures.
|
|
Posted: Tuesday, January 11, 2005
|
|
|
|
COUNTERPANE IS RECOGNIZED AS A MASTERCARD SITE DATA PROTECTION COMPLIANT VENDOR
|
|
Counterpane Internet Security, the world's leading protector of networked information, announced today that it has successfully completed the MasterCard Site Data Protection (SDP) compliance testing process. As an SDP compliant vendor, Counterpane is allowed to help online merchants evaluate the security of their Web sites that store MasterCard account data, and achieve compliance with the MasterCard Security Standard.
|
|
Posted: Tuesday, January 11, 2005
|
|
|
|
MACY'S AND BLOOMINGDALE'S MAKE FRAUDSTERS SEE RED
|
|
Retail Decisions, a world
leader in card fraud prevention and payment processing, is pleased to announce
Federated Department Stores, Inc. parent of the world-famous department stores Macy's and Bloomingdale's will use ReD's
ebitGuard risk management service to prevent online fraud.
|
|
Posted: Tuesday, January 11, 2005
|
|
|
|
SMARTPAY LAUNCHES PAYMENT SERVICES IN JIANGSU
|
|
Electronic Payment Services brought to Mobile Subscribers in Jiangsu Province.
|
|
Posted: Tuesday, January 11, 2005
|
|
|
|
PAYSTAR'S GLOBALCASH SIGNS NEW SOUTHEASTERN DISTRIBUTION AGENT
|
|
PayStar Corporation one of the nation's growing providers of stored value cards and national bank debit card load services and Kiosk marketing and management, announced today that its GLOBALCash division has signed Millennium Summit Enterprise Group (MSEG), as a new distribution agent.
|
|
Posted: Tuesday, January 11, 2005
|
|
|
|
AS AMERICANS EMBRACE ELECTRONIC BANKING, DEBIT CARDS REIGN SUPREME
|
|
If you're wondering about the acceptance of debit cards, wonder no more.
|
|
Posted: Monday, January 10, 2005
|
|
|
|
CHASE MERCHANT SERVICES AND PEPPERCOIN SIGN REFERRAL AGREEMENT
|
|
Relationship Validates Peppercoin's Small Transaction Suite as Leading Solution for Processing Sub-$20 Transactions
|
|
Posted: Monday, January 10, 2005
|
|
|
|
ASIA PAY ANNOUNCES SUCCESSFUL IMPLEMENTATION OF APAYCARD PAYMENT PROCESSING PLATFORM IN JAPAN
|
|
Asia Payment Systems, Inc. today announced the successful implementation of its APAYcard payment processing platform in Japan, with transactions under 3 seconds.
|
|
Posted: Monday, January 10, 2005
|
|
|
|
AN ONLINE FRAUD RISK PROFILE THAT’S ON THE RISE AT U.S. MERCHANTS
|
|
Orders placed online in the U.S. from outside the U.S. have historically represented a higher risk of fraud for merchants–one study from ClearCommece has estimated that such transactions account for about half of all credit card chargebacks.
|
|
Posted: Friday, January 07, 2005
|
|
|
|
CSC BENCHMARKS CARD MANAGEMENT SOFTWARE AT 100 MILLION ACCOUNTS
|
|
Computer Sciences Corporation today announced results of a performance and scalability benchmark test of its CAMS II card and merchant system, the credit-card management component of CSC's Hogan System.
|
|
Posted: Friday, January 07, 2005
|
|
|
|
MOST UK RETAILERS MISSED CHIP & PIN DEADLINE
|
|
Less than half of UK retailers are ready for Chip & PIN, according to a survey of almost 500 outlets this week. A liability shift made shops without the technology responsible for the cost of fraudulent card payments with effect from New Year's Day.
|
|
Posted: Friday, January 07, 2005
|
|
|
|
FIRST DATA EXPANDS RELATIONSHIP WITH WASHINGTON MUTUAL
|
|
First Data Corp. today announced that it has been selected by Washington Mutual, Inc.to provide authorization and settlement processing for Washington
Mutual's nine million signature debit card portfolio.
|
|
Posted: Thursday, January 06, 2005
|
|
|
|
MASTERCARD, CITIGROUP IN CARD SERVICES PACT
|
|
MasterCard Inc., the world's second-largest credit card network, said on Tuesday its main operating unit agreed with Citigroup Inc. to establish a pricing arrangement for processing services that MasterCard provides to Citigroup affiliates outside North America.
|
|
Posted: Wednesday, January 05, 2005
|
|
|
|
CREDIT CARD FIRMS WAIVE FEE FOR AID
|
|
Charities raising money for the Asian tsunami disaster yesterday welcomed a decision by banks and other organisations not to charge a transaction fee on donations made by credit cards.
|
|
Posted: Wednesday, January 05, 2005
|
|
|
|
CREDIT CARD FIRMS TO DONATE ALL REVENUE FROM CDN TSUNAMI RELIEF CONTRIBUTIONS
|
|
Canada's major credit card companies said Wednesday they will donate the revenue they make from tsunami relief contributions to a battery of charities dealing with the crisis in southeast Asia.
|
|
Posted: Wednesday, January 05, 2005
|
|
|
|
TFTG ANNOUNCES ECHEX INC., IS NOW POSITIONED TO LAUNCH THEIR 'FIRST END-TO-END SOLUTION' CAMPAIGN
|
|
Trimfast Group, Inc. is pleased to announce eCHEX, Inc., has completed its two pilot programs, and is positioned to launch the first and only end-to-end solution for a national campaign of a reload able two-card joint account Stored-Value MasterCard product.
|
|
Posted: Wednesday, January 05, 2005
|
|
|
|
VITAL (VISA NET) PROCESSING SERVICES CERTIFIES PAYTRACE'S PAYMENT GATEWAY AS A VITAL INTEGRATED PART
|
|
PayTrace, LLC, innovative developer of e-commerce products and services and primary owner of PayTrace.com and the PayTrace Payment Gateway, announced today that it is certified as a Vital Integrated Partner (VIP).
|
|
Posted: Wednesday, January 05, 2005
|
|
|
|
CARD FIRMS SMOKED ON 'NET SALES
|
|
State Attorney General Eliot Spitzer has turned his attention to Internet cigarette sales by warning credit-card companies to block orders from tax-free online tobacco companies, The Post has learned.
|
|
Posted: Wednesday, January 05, 2005
|
|
|
|
GREEDY BANKS CAVE IN
|
|
Banks and credit card companies today agreed to repay up to £300,000 in profits they have made from the tsunami appeal.
|
|
Posted: Tuesday, January 04, 2005
|
|
|
|
OPTIMAL PAYMENTS COMPLETES ACQUISITION OF MERCHANT CARD ACCEPTANCE
|
|
Optimal Payments Inc., a wholly-owned subsidiary of Optimal Group Inc., announced today that it has completed, on January 1st, 2005, its previously announced acquisition of the operating assets of Merchant Card Acceptance Corp. and affiliated companies, Precision Management Consulting Inc. and Merchant Card Interactive Corp.
|
|
Posted: Monday, January 03, 2005
|
|
|
|
SOVEREIGN BANK & FIRST DATA RENEW MERCHANT PROCESSING AGREEMENT
|
|
Sovereign Bank and electronic commerce and payments leader First Data Corp. today announced they have signed a five-year renewal agreement to provide a comprehensive array of electronic payment processing products and services for Sovereign Bank's merchant customers in the New England and Mid-Atlantic markets.
|
|
Posted: Monday, January 03, 2005
|
|
|
|
ASIA PAY SIGNS WITH BEIJING PURPLE STARS APPRAISAL
|
|
Asia Payment Systems, Inc. today announced that it has signed an MOU with Beijing Purple Stars Appraisal Co., Ltd. to establish an International standard Credit Bureau in Beijing. The MOU will provide for a working committee made up of representatives from both parties to coordinate the development of both a China Credit Bureau as well as development related to further deploying Asia Pay's China credit card processing systems.
|
|
Posted: Monday, January 03, 2005
|
|
|
|
DEBIT, CREDIT CARDS REPLACING CHECKBOOKS
|
|
AmSouth Bank reports that the number of debit cards it issues has grown by a steady 20 percent since 1995, when it first began offering them. The number of checks being written has slowed so dramatically that the Federal Reserve Bank plans to shut nearly half of its 45 check processing centers by early 2006.
|
|
Posted: Sunday, January 02, 2005
|
|
|
