Chase Card Services has announced the launch of a new rewards program called Ultimate Rewards that is available on Chase Freedom and the new Chase Sapphire credit cards. According to Chase, "Ultimate Rewards enriches the rewards experience with millions of redemption options that customers can use today. Cardmembers can view rewards activity, earn bonus points for shopping, redeem points, book entire travel itineraries, and search for and reserve a restaurant through a single, comprehensive Web site that provides maximum simplicity and ease of navigation." READ MORE »

Pulse has announced findings from its 2009 Debit Issuer Study including several positive trends for financial institution debit card issuers such as sustained debit transaction growth despite the recession. This study also found that, while the use of PIN debit has increased, fraud loss rates have declined. READ MORE »

Fiserv has published a new white paper titled "How to Achieve a Compelling ROI from Mobile Financial Services" that explores "how a strategic approach to mobile banking and payments can provide financial institutions with a tangible return on investment." READ MORE »

In an article in today's American Banker titled "Green Dot Fee Plan Could Signal Prepaid Evolution", Maria Aspan reports on pricing changes that Green Dot is about to make that "could accelerate the maturation of the young prepaid industry." In particular, Aspan reports that later this summer "Green Dot will reduce its up-front fees for all consumers, and it will start waiving its monthly maintenance fees for consumers who use their cards regularly."

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