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NRF plans to go to court to fight swipe fee settlement
The National Retail Federation plans to fight a $7.2 billion settlement between some retailers and Visa Inc and MasterCard Inc...
MasterCard moves into Myanmar with first license issued to Bank
MasterCard became the first payments network to issue a license to a Myanmar bank as the Southeast Asian nation moves toward...
Q2 2012: U.S. Credit Card Issuer Performance Snapshot
The second quarter of 2012 showed a continuing trend of improving loss rates and increasing purchase volume compared to both...
TSYS signs major Norwegian banking group
TSYS announced that SpareBank 1, a leading Norwegian banking group, has signed an agreement to license its PRIME 4 card management...
Nets expands in Finland with acquisition of Luottokunta
Copenhagen-based payments, information and digital security specialist Nets is to acquire Luottokunta, Finland’s largest payment card solutions company. The acquisition...
EC scrutinise Visa Europe on credit card interchange fees
The European Commission says Visa Europe’s cross-border credit card interchange fees restrict competition between banks and infringe antitrust rules. In...
AmEx plans to accept chip cards
American Express plans to begin issuing secure chip cards in the United States this year, and recently released a timeline...
Debit interchange battle could extend to credit fees
Retailers and financial institutions remain at odds over the Durbin Amendment, which placed limits on debit card interchange fees. The...