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« December 14, 2005 | Main | December 16, 2005 »

December 15, 2005

Fed Approves Bank of America, MBNA Merger

Tags » Bank of America, Banking Industry, Card Issuers

Bank of AmericaThe Federal Reserve has announced its approval of the Bank of America acquisition of MBNA:

The Federal Reserve Board on Thursday announced its approval of the proposal filed by Bank of America Corporation, Charlotte, North Carolina, to merge with MBNA Corporation and acquire its two subsidiary banks, MBNA America Bank, National Association and MBNA America (Delaware), N.A., all in Wilmington, Delaware.

Axalto Selected by Carte Bleue for First Gift Card Launch in France

Tags » Card Technology, Gift Cards, Prepaid Cards and Stored Value Cards

axalto.jpgAxalto has announced it has been selected by Carte Bleue for the launch of the Gift Card, the first prepaid EMV (Europay MasterCard Visa) payment card for the consumer market.   » Continue Reading

eBay Enhances Support For Digitally Delivered Goods, Requires PayPal

Tags » ECommerce Payments, PayPal

eBay has announced that it is making some changes to make it easier for sellers to market digital goods. Details on eBay's Digital Items page and its Digital items FAQ page. Digital goods sellers will be required to list items for payment only by PayPal.

INSIDE Contactless Closes €9 Million Financing

Tags » Card Technology, Contactless Payments, INSIDE Contactless, Visa

INSIDE ContactlessINSIDE Contactless has announced the closing of a €9 million ($10.6 million) financing round led by three new investors: Sofinnova, Vertex Venture Capital (Israel) and Visa International. Prior round investors GIMV, Vertex Singapore and Siparex have also participated.   » Continue Reading

Fair Isaac Adds CardAlert Fraud Manager Clients

Tags » Card Fraud, Card Payments

Fair IsaacFair Isaac has announced new agreements with Fiserv EFT and Alaska Option Network to utilize Fair Isaac's CardAlert Fraud Manager for early identification and reporting of suspected counterfeit card and skimming fraud.   » Continue Reading

Merrill Lynch, MBNA Extend Credit Card Agreement

Tags » Card Issuers

MBNA and Merrill Lynch have announced that they have agreed to extend the multi-year agreement under which MBNA issues the MERRILL+ credit card. The terms of the new agreement have not been disclosed, however the agreement period extends beyond the anticipated early January close of the pending merger between MBNA and Bank of America.   » Continue Reading

Pay By Touch Acquires Two Loyalty Technology Providers

Tags » Biometrics, Loyalty Programs, Pay By Touch

<Pay By Touch has announced it has acquired the assets and intellectual property of 7th Street Software, Inc. and Convena, LLC, two loyalty technology providers.   » Continue Reading

Headline News - Thursday, December 15, 2005

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated.

  » Continue Reading

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