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« April 30, 2006 | Main | May 2, 2006 »

May 01, 2006

UK's OFT Launches Study Of Internet Shopping

Tags » ECommerce Payments, Financial Regulators

The UK Office of Fair Trading announced on Friday that it was launching a new fact-finding study into online shopping that will "explore consumer confidence in this area and, in particular, whether the current consumer protection regime meets any new challenges raised by this mode of selling."   » Continue Reading

Arby's Goes Contactless

Tags » American Express, Contactless Payments, MasterCard, Merchants, Visa

In separately issued press releases, Visa, MasterCard, and American Express today all announced that Arby's would begin taking their contactless cards in-store and at the drive-thru.   » Continue Reading

Behold The Body Biometric

Tags » Biometrics

Alex Halperin reports for Business Week Online on the impact that biometrics could have in the future on everyday life - from paying for coffee, to getting cash out of an ATM to logging on to your computer at work.

Merchant Groups Adjust Credit Card Complaint To Include Debit Cards

Tags » Interchange Fees, MasterCard, Merchants, Visa

Convenience Store News reports that an "amended consolidated complaint against Visa, MasterCard and several major banks was filed by a broad range of merchant groups, including the National Association of Convenience Stores (NACS), in the Eastern District of New York" was filed April 24.   » Continue Reading

More On New United Mileage Plus Choices Rewards Program

Tags » Card Reward Programs, Chase Card Services

As mentioned earlier this morning, United and Chase have announced United's Mileage Plus Choices, a new travel loyalty program.   » Continue Reading

More on Visa USA's Independent Directors

Tags » Visa

David Breitkopf and H. Michael Jalili report for the American Banker on last Friday's vote by members of Visa USA to appoint four independent directors to the Visa USA board - and how one member, TCF Financial, attempted to block the vote over concerns about potential increased liability.

United Teams With Chase On New Rewards

Tags » Card Reward Programs, Chase Card Services

Susan Carey reports for the Wall St. Journal on United Airlines working with JP Morgan Chase to enhance the rewards available to United Mileage Plus Visa cardholders.

Hispanics Live On Fringe Of U.S. Banks

Tags » Banking Industry

Susan Tompor writes for the Detroit Free-Press about the use of banking services by Hispanics in the US.

A Look At Mobile Phones (And Payments) In Japan

Tags » Mobile Banking, Mobile Payments

Tim Johnson reports for Knight Ridder about the capabilities of the latest mobile phones in Japan and the new services being enabled.   » Continue Reading

TfL Drops Proposal To Expand Oyster Card Use

Tags » PayPal, Prepaid Cards and Stored Value Cards, Transit Payments

Sharlene Goff reports for the Financial Times that Transport for London has abandoned plans to expand the utility of its Oyster prepaid card after failing to reach agreement on terms with a financial partner.   » Continue Reading

Seven Credit Card Trends

Tags » Credit Cards

Liz Pulliam Weston writes for MSN Money about seven credit card trends that consumers should be aware of.

Headline News - May 1, 2006

Tags » Payments News - Headline News

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

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