Cards

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Garanti gives cardholders Facebook Credits

Turkey's Garanti Bank is to start offering its Bonus cardholders free Facebook Credits when they use their cards to make online and offline purchases.

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Microsoft launches Kinect for Windows; Amex on board

Microsoft has shipped Kinect for Windows, widening the appeal of its motion sensor technology beyond gamers to big business, with American Express among the firms already developing applications.

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Citi adds credit card account analysis tools to iPad app

US bank Citi has added visual tracking and account analysis tools for US credit card customers to its iPad app.

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Obama and Romney tap Square for donations

President Obama's re-election campaign is using mobile payments start-up Square to let staffers and volunteers accept card donations in a move being followed by potential Republican opponent Mitt Romney.

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MasterCard joins push for US EMV switch

Following the lead of rival Visa, MasterCard has set out plans to push the United States into abandoning mag-stripe cards in favour of EMV chip technology.

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Austria's RBI preps mobile NFC roll out

Austria's Raiffeisen Bank International (RBI) is preparing to introduce a contactless mobile payments service.

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MasterCard mobile app lets Aussie movie-goers order food from their seat

MasterCard has teamed up with Commonwealth Bank and cinema group Hoyts to pilot a mobile payments application that lets movie-goers order food and drinks directly from their seats.

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MPowa launches UK's Square

UK e-commerce outfit Powa has become the latest firm to launch a plastic dongle and mobile app that turns smartphones into payment card readers.

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Singapore banks move to EMV for ATM cards

Singapore's banks will introduce EMV chip technology to all ATM cards over the next two years as part of an industry-wide security push.

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Alleged Russian cybercriminal extradited to US following five-year manhunt

An alleged Russian cybercriminal has been extradited from Switzerland to the US to face charges of credit card fraud, computer hacking and stockmarket manipulation.

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Citi invests in gift card exchange Plastic Jungle

Banking giant Citi has used its investment arm to take a strategic stake in Plastic Jungle, an online exchange for gift cards. Terms of the deal were not disclosed.

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Amex licenses Serve to China's Lianlian

American Express has licensed its Serve digital wallet platform to Chinese mobile top-up provider Lianlian Group and made a $125 million equity investment in the firm's overseas unit.

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ICICI launches Facebook banking app

India's ICICI has launched a Facebook app that lets customers carry out banking tasks without leaving the social network.

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Israeli hackers target Arab stock exchange sites as cyberwar escalates

Israeli hackers have targeted the Web sites of stock exchanges in Saudi Arabia and Abu Dhabi in retaliation for an attack earlier this week on the Tel Aviv bourse.

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DBS reacts to skimming with SMS alerts for ATM withdrawals

Following a recent skimming scam, Singapore's DBS Bank has started sending customers text alerts when ATM withdrawals are made using their cards.

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Banorte targets Mexico's underbanked with mobile-based service

Mexican bank Banorte has teamed with payments specialist Rev Worldwide to launch a mobile-based financial services programme aimed at the country's millions of underbanked.

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Visa: US EMV move doesn't mean chip and PIN

Following its decision last year to push the adoption of EMV in the United States, Visa has moved to clarify that this does not mean the introduction of chip and PIN cards.

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Ingenico brings PayPal option to POS terminals

US merchants with Ingenico point-of-sale terminals will be able to accept PayPal payments from customers, under a deal struck between the two firms.

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Visa Europe hails UK e-commerce spending growth; sets sights on mobile

Around £1 in every £3 in the UK was spent on Visa cards in 2011, with growth in debit and e-commerce payments fuelling a strong year for the European card scheme, which is now training its sights on mobile services.

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Thieves dig 100ft tunnel to steal ATM cash

Thieves in Manchester spent six months digging a 100-foot tunnel to reach a cash machine but made off with a paltry £6000 for their troubles.