MasterCard Profit Jumps as Consumers Spend More
MasterCard’s Q1 earnings rose close to 15 percent on the heels of strong global payments growth. MasterCard's first-quarter revenue rose...
TSYS Merchant Solutions Buys TermNet Merchant Services
TSYS has announced the acquisition of TermNet Merchant Services, a longtime TSYS ISO based in Atlanta, as a part of...
Retailers Respond to Debit Issuer Discrimination Fears
The Merchant Payments Coalition (MPC) is attempting to break through the debit interchange reform chatter and set the record straight...
Overdraft Opt-In Thumbs Up, For Now
Consumers have opted in to overdraft programs in numbers not forecast by most issuers. The aha moment was when issuers...
Isis Decides Against Building a Payment Network
The Wall Street Journal reports that Isis, the erstwhile joint-venture of AT&T, Verizon Wireless, and T-Mobile, has decided that going...
Target Teams Up With American Express for Prepaid Cards
Target is offering a co-branded prepaid card with American Express, according to a story in the Minneapolis/St. Paul Business Journal....
The Gap is Going Mobile with Swagg for Its Gift Cards
Swagg, a mobile application offered by technology provider, Firethorn, will begin offering Gap mobile gift cards, according to a report...
UK Study Finds GEN Y Willing To Pay For Mobile Banking
In the early days of online banking bankers tried to charge a monthly fee of around $5 for online banking...
Credit Card Companies to Market Cash Back Rewards
ComScore has released a new study on credit card shopping behavior and notes that 20% of existing credit card customers...
Can Durbin Delay Bill Get to a Vote?
The lobbying effort to delay the Durbin Amendment is moving into full swing as Congress returns from their Easter break...
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