Tags » Card Fraud, Debit Cards
Greg Sandoval reports for CNET News.com that "the FBI has expanded its investigation into a debit card fraud that has mostly affected 200,000 consumers in the Western United States, saying that the case might be linked to other debit card thefts around the country."
Tags » Mercator Advisory Group
Mercator Advisory Group has announced a new research report that covers a variety of strategies for credit card issuers to improve portfolio returns by delving more deeply into improving and expanding the uses of portfolio analytics across the account lifecycle.
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Tags » Health Savings Accounts
Metavante has announced that it has expanded its Healthcare Payments Solutions division with the addition of the recently completed AdminiSource acquisition that provides healthcare payment distribution services to insurance carriers and healthcare organizations. In addition, Metavante has named John M. Reynolds as president of its Healthcare Payment Solutions division. Reynolds is a 20-year banking industry professional who previously served as senior vice president and business director for Health Benefits Services at Wells Fargo Institutional Trust Service.
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Tags » ECommerce Payments, Emerging Payments
Click&Buy has announced that Skype is now accepting Click&Buy as an online payment option for Skype users. Click&Buy reports that over five million consumers and 4,000 online merchants are successfully using Click&Buy worldwide. Last month, Click&Buy's owner WebPay AG announced completion of a $23 million financing round led by 3i.
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Tags » First Data Corp., Merchant Acquirers
First Data Corp. has announced it has signed a three-year global merchant processing agreement between its affiliate OmniPay, an international merchant acquiring platform, and HSBC.
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Tags » Contactless Payments, Debit Cards
Sasha Talcott reports for the Boston Globe on plans expected to be announced today by Providence, RI-based Citizens Bank to add contactless payment capability based on MasterCard's PayPass technology to all of its debit cards by June.
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Tags » Intuit, Merchant Accounts, Merchants
Intuit has announced a new simplified credit card processing solution designed for small businesses that don't need a full accounting package or a high end merchant account service. The QuickBooks Credit Card Processing Kit, priced at $39.95, delivers credit card processing for small businesses handling less than $5,000 in credit card transactions each month.
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Tags » Card Technology, Prepaid Cards and Stored Value Cards
Siemens Communications has announced that Nova Southeastern University (NSU), the nation's seventh largest private university, has chosen Siemens to deploy, service and integrate multi-functional smart card solutions using a new generation of contact and contactless smart card technologies.
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Tags » Data Security, Identity Theft, Security
Mark Rasch writes for SecurityFocus about a recent lawsuit in Minnesota (PDF) in which a victim who was included in a data breach of a financial service provider's 550,000 customer database sued the company for breach of contract, breach of fiduciary duty and negligence.
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Tags » Payments News - Headline News
Note: Throughout the day, as Payments News happens, this post is updated.
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