9284 articles tagged with this keyword
News/Cards
A New Jersey man has sued Bank of America, JPMorgan Chase and Wells Fargo, claiming that they collude to fix the fees charged to withdraw money at ATMs.
20 October 2011
The SOS Children's Villages charity has teamed up with local vendor Paystream to provide drought-affected people in Northern Kenya with contactless cards for buying food,
The chief executive and chairman of cashless payments vendor USA Technologies has resigned over "inappropriate" comments he posted on the Yahoo Finance message board.
19 October 2011
A German electronics engineer who helped criminal gangs clone credit and debit cards that were used to steal thousands of pounds, has been sentenced to three years in jail.
14 October 2011
Independent ATM operators in the US have filed an anti-trust lawsuit against Visa and MasterCard, alleging that the card issuers' rules artificially inflate and fix the price of cash machine access fees.
12 October 2011
PayPal has taken the wraps off its single sign-on digital identity service for online shopping, PayPal Access. The move comes as the San Jose-based payments operator unveils a series of new partnerships with a host of banking technology suppliers at the BAI Retail delivery show in Chicago.
Citibank has contrasted Google's open platform approach to mobile payments with the gatekeeper role adopted by the Isis consortium, complaining that the telcos are hampering the development of NFC to the detriment of other market participants.
NCR, PayPal and S1 have teamed up on a service that lets people make real-time person-to-person payments from cash machines.
US Bank has launched an iPhone app which offers retailers the opportunity to provide customers with an instant line of credit for on-the-spot purchases.
11 October 2011
A senior MP has written to the Royal Bank of Scotland and Lloyds Banking Group raising concerns about restrictions on some account holders using rivals' ATMs.
10 October 2011
New York authorities have indicted 111 people - including bank tellers - accused of participating in an identity theft scam that saw counterfeit credit cards used to steal more than $13 million.
Credit card fraudsters have stolen around £14,000 from professional 'personality' Katie Price, according to the Daily Mirror.
06 October 2011
Visa has added GSMA veteran Gavin Krugel to its mobile team where he will focus on rolling out m-payments services in the developing world.
05 October 2011
Fraud losses on UK cards and online banking fell during the first half of the year as new initiatives to combat criminal activity saw fraudsters return to low-tech scams involving cheques and socially-engineered telephone deception.
Finextra TV/Cards
Frank Eliason, SVP of social media at Citi, discusses mobile banking, customer service and social media with Finextra.
04 October 2011
Theresa McLaughlin, EVP and CMO of Citizens Bank, sees the branch remaining a part of the overall bank offering for some time to come.
Linda Verba, head of retail banking at TD Bank (and considered to be a guru of bank customer service in the US) discusses a 'return to civility' for bank call centres and customer service.
Betfair failed to inform over two million customers that their card details were stolen in a cyber-attack 18 months ago. The online bookmaker also neglected to mention the breach in its listings prospectus ahead of a floatation in October.
30 September 2011
JPMorgan Chase has hired retail and financial services veteran Susan Ehrlich as senior vice president of next generation payments.
Bank of America is to start charging debit card users $5 a month as it seeks to claw back money it will lose from a change in interchange rules.
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