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News & Commentary
Content tagged with Payments posted in January 2010
RBC to Offer Prepaid Contactless Card at Olympics
News  |  1/29/2010
First contactless Visa card in Canada not linked to a credit card account, to be used at the Vancouver 2010 Olympic and Paralympic Winter Games.
TransUnion Says Its Income Models Comply with Credit Card Act
News  |  1/29/2010
Credit bureau offers an income estimator and a debt-to-income estimator that it says meets the Fed's new requirements.
Omaha Bank Launches Person-to-Person Payments
News  |  1/20/2010
First National Bank of Omaha one of the first banks to offer customers the ability to send payments to others directly from their cell phones.
Two Colorado Banks Donate 1% of All Mobile Payments to Haiti
News  |  1/15/2010
As customers of The State Bank and Park State Bank & Trust make payments by phone, the banks will donate 1% of the value of each transaction to the The Salvation Army in Haiti.
Banks Send Aid to Haiti
News  |  1/15/2010
Say what you will about banks' role in the financial crisis and recession, one good quality of the U.S. banking industry is that it's usually the first to respond to catastrophe with money and aid.
NFC Will Enable Phones to Replace Cards in 2011, Researchers Say
News  |  1/14/2010
Near-field communication is the technology that will allow phones to be widely used for payments; banks and mobile operators will compete for this new mobile payments business, according to SJB Research.
ACH Federal Introduces Processing and Merchant Services Suite
News  |  1/13/2010
ACH Federal has formally introduced a suite of automated clearinghouse (ACH) processing and merchant services solutions.
Card Fraud Costs U.S. Payment Providers $8.6 Billion Per Year
News  |  1/13/2010
The first line of defense is encryption, according to an Aite Group report released today.
Barclaycard Launches Budget-Aware Contactless Credit Card
News  |  1/8/2010
Cardholders set up text messages to notify them when they're spending too much.
Citi First U.S. Bank to Launch Mobile Banking in Thailand
News  |  1/7/2010
Banking giant to allow Thai people to bank via handheld device in English or Thai.
ATM Network Upgrade Helps SunTrust Keep Up With Growing Volumes
News  |  1/6/2010
By upgrading servers and moving ATM transaction traffic to an existing TCP/IP network, the bank says it has simplified and increased throughput for its ATM network.
Calyon Deploys Misys Supply Chain Portal
News  |  1/6/2010
Portal to allow the bank to offer purchase order initiation, invoice presentation and automated payments on one platform.
Bug That Crippled 30 Million German Debit, Credit Cards Mostly Fixed, Gemalto Says
News  |  1/6/2010
Although millions of newer microchip-embedded cards have failed to comprehend the year 2010, many ATMs have been adjusted to fix the problem, card company says.

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