Glenbrook's Linda Elliott and Carol Coye Benson will be hosting a new Glenbrook Special Focus Payments Workshop on "Card Payment Processing: The Value Chain" on February 21st, in Santa Clara, California. This workshop will provide a "dive deep" into exactly who does what in the payment card processing value chain.   » Continue Reading

Vesdia Corporation, a provider of loyalty marketing services, has announced the launch of four new Visa credit cards to support its leading reward programs: BabyMint, NestEggz, Stockback and FundraiserRewards. According to the company, these new cards, launched in partnership with MXT Card Services, provide consumers with additional earning opportunities in the rewards currencies that matter most to them.   » Continue Reading

Chockstone has announced that in 2007 it processed $1.1 billion of volume across its gift card programs, its integrated gift and loyalty programs, and its credit card gateway services, representing a growth rate of 169 percent over 2006’s volume of $395 million.   » Continue Reading

Chase Card Services and Office Depot have announced the new Office Depot Worklife Rewards Visa Signature Card for both business owners and consumers.   » Continue Reading

Jessica Silver-Greenberg writes for Business Week that "rates of delinquency for credit-card holders rose in November, according to a study by RiskMetrics Group, a financial research organization" - with the pace of deterioration increasing from prior months.

Metavante Technologies has announced the acquisition of London-based Nomad Payments Limited, a provider of prepaid and debit card processing and licensed software. The purchase price was approximately $58 million. Nomad will now operate as Metavante Technologies Limited, part of the Metavante International Group.   » Continue Reading

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