1542 results about this entity
Period: 26 Feb 2008 - 18 Nov 2024
News
Card network Visa has launched a social networking application for small business owners on Facebook and is paying $2 million to advertise the service on the site.
24 June 2008
Discover Financial Services is seeking $6 billion in damages in a long running anti-trust lawsuit that accuses credit card rivals MasterCard and Visa of blocking its access to the bank-issued card market in the US.
10 June 2008
MasterCard and Visa have come under more pressure over interchange fees after US senator Dick Durbin introduced a bill that would give retailers and merchants the power to negotiate to reduce charges for card transactions.
06 June 2008
As the interchange debate heats up in the US, banks and credit card networks have seized upon a report by the Government Accountability Office (GAO) that claims a reduction in interchange fees would not necessarily benefit customers.
16 May 2008
Visa Europe has selected UK smart card specialist Aconite to provide technology to support the development of its new payWave pre-paid card.
15 May 2008
The economic slowdown has prompted hard-up Brits to shy away from plastic in favour of notes and coins to pay for purchases on the high street, according to new trading figures released by the British Retail Consortium (BRC).
21 April 2008
The demise of cheques in Western Europe is set to accelerate over the next few years, with around 60% of retailers no longer accepting them by 2015 as electronic cards and mobile payments gain in popularity, according to research commissioned by Visa.
18 April 2008
A group of major French and German banks are looking to establish a pan-European card network that will compete with schemes operated by Visa and MasterCard in the region, according to press reports.
16 April 2008
A Visa card that combines pre-pay functionality with government-approved proof-of-age verification has been launched in the UK.
US retailer TJX has agreed to pay up to $24 million in a settlement with MasterCard following the massive security breach at its operations that resulted in the theft of millions of credit and debit card numbers.
03 April 2008
The European Commission (EC) has launched a formal investigation into the interchange fees charged by Visa for cross-border card transactions.
26 March 2008
Fast food joint EAT has become the first retailer in the UK to introduce a fully integrated contactless payment system at the point-of-sale.
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