Payments News

18 Feb 13 @ 00:00

FICO released its quarterly UK cards data showing that average total sales per ‘classic” credit card hit a two-year high in December of £600.25, surpassing the level from December 2011 by... read more

15 Feb 13 @ 00:00

Credit card company American Express has announced a partnership with Twitter that allows cardholders to purchase items by simply typing in a hashtag. For those unfamiliar with Twitter, the hashtag... read more

13 Feb 13 @ 00:00

A revolutionary big data platform has been launched to close the transactional loop that’s currently broken every time a customer leaves a store with a paper receipt. Speaking at the... read more

12 Feb 13 @ 00:00

After a protracted decline beginning in mid-2009*, weighted average industry loss rates experienced a plateau in the fourth quarter of 2012.  Purchase volumes increased compared to both the prior year... read more

12 Feb 13 @ 00:00

Based on our analysis of recently released data from European central banks, The European Paymentys Cards Yearbook (http://www.paymentcardyearbooks.com) estimates that European card market growth rates continued to rebound in 2012... read more

06 Feb 13 @ 00:00

Australia’s competition watchdog has sued credit card company Visa for alleged "misuse of market power". It has accused Visa of preventing customers from using a currency of their choice in... read more

04 Feb 13 @ 00:00

 Visa Inc. announced its support for a common U.S. debit solution and an expansion of Visa’s previously announced roadmap for EMV (Europay MasterCard Visa) chip card adoption in the United States to include a migration... read more

04 Feb 13 @ 00:00

Transaction banking has outperformed investment and commercial banking in terms of revenue growth in the post-financial crisis period. To better position themselves for success, 82% of banks surveyed have reorganized... read more

01 Feb 13 @ 00:00

The Commission has published a package consisting of a communication on a European Retail Action Plan and a Green Paper on unfair trading practices in the supply chains for food... read more

31 Jan 13 @ 00:00

Consumers respond positively to a combined rewards program for credit and debit cards.  According to a recent survey by  SYNERGISTICS Research entitled, Re-Engineering Credit Card Programs, three-quarters (75%) of Internet... read more

31 Jan 13 @ 00:00

BPC Banking Technologies announces the completion of the processing center implementation for Russia’s Universal Electronic Card (UEC) – one of the key components of the e-government project. As per the... read more

30 Jan 13 @ 00:00

Barclaycard and American Express have announced that they have agreed to expand the scope of their current global relationships with Barclaycard becoming an American Express card issuing partner in the... read more