Wachovia and the University of Florida have announced their success in using the Electronic Payments Network's (EPN) Universal Payment Identification Code (UPIC) for receiving grant payments electronically.

Thailand's The Nation reports on plans by Visa International to issue new smart cards in Thailand later this year.

Philip Yen, Visa International executive vice president and general manager, said yesterday that most of Thailand’s acquiring banks were now ready to accept Europay-MasterCard-Visa (EMV) chip-card transactions.

Ron Lieber reports in today's Wall St. Journal on Zevez Corp., a company that helps businesses make mileage collection from credit cards an integral part of their accounts payable process.   » Continue Reading

MasterCard and NameProtect have announced they are working together to combat "phishing" schemes and the brokering of illegally obtained credit card numbers in the online environment.   » Continue Reading