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BofA Merchant Services Adds Secure Payment Product
Electronic payment provider First Data and Charlotte, N.C.-based Bank of America today announced that Bank of America Merchant Services will offer the First Data TransArmor solution to its U.S. merchant base, bringing secure payments to its merchant customers.
Monitise and DeviceFidelity Collaborating on Contactless Mobile Payments
Piloting joint mobile banking/mobile payments program with a large U.S. bank.
First Data Names New CEO
First Data Names Jonathan Judge, former Paychex CEO and IBM veteran, as new Chief Executive Officer.
Bank of the West Builds Online Payment Portal for Small Businesses
Plans to roll out online bill payment to small business clients in the first half of 2011.
BofA Tests Online Banking, Online Payments for Corporate Clients
Online global payment hub expected to go live with entire customer base in the first quarter of 2011.
Visa-Carrying NYC Subway Riders Now Mobile Payment Users
Visa's contactless payment system, payWave, now active on some subway lines and buses, along with MasterCard's similar PayPass system.
New Software Lets Banks Extend Mobile Deposits to Customers
New Software Lets Banks Extent Mobile Deposits to Customers
12.5% of E-commerce Transactions Will Be Mobile By the End of 2013, Gartner Predicts
Location or profile information from mobile phones will be used to validate 90% of mobile transactions, analysts estimate.
SWIFT to Reduce Message Prices by Average 20 Percent
SWIFT to reduce message prices by average 20 percent; customers expected to save EUR 70 million in 2011.
IDC Examines Why Some Mobile Payment Models Succeed
Clues to how PayPal, MasterCard, Zoompass and others make it work.
Dynamics Debuts Programmable Payment Card
Card with programmable magnetic stripe and authentication scheme said to offer secure payments.
MasterCard Launches MoneySend P2P Payments for BlackBerry
New app allows users to send and receive card payments from their BlackBerry.
Banks Should Link Debit, Credit Reward Programs, Report Suggests
Survey finds 68% of internet-using adults already have credit and debit cards.
Heartland and Discover Agree to $5 Million Data Breach Settlement
Card payment processor hopes this will be the end of the legal fallout from its 2008 data breach.
First Data Rolls Out Payment Card Security
TransArmor service for merchants provides encryption and tokenization for transactions, does not require merchants to buy new terminals.
Half of Bank Customers Choose Overdraft Protection
Half of bank customers choose overdraft protection, according to ABA survey.
ANZ Bank Debuts Mobile Payments App
goMoney lets iPhone users send payments to other cell phone users via text message.
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