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Prepaid Cards soar in use
Prepaid debit cards are becoming increasingly popular. Consumers loaded approximately $29 billion onto such cards in 2009, and that amount...
ACH payment volume exceeds 20.2 billion in 2011
Total ACH payment volume grew to over 20.2 billion transactions[1] in 2011, up 4.35% over 2010, according to new statistics...
A Snapshot of the Global Core Banking Market
Over the last decade, financial institutions around the world have begun to adopt modern core banking systems to support and...
Few online retailers report lower debit card rates
Debit card interchange rates have not fallen much since a reduction was mandated by the U.S. Federal Reserve Board, according...
Millions of Barclays contactless card users exposed to fraud
Channel 4 News has discovered that Barclays customers using contactless bank cards could have their card data stolen without even...
Visa and MasterCard report rising payment volumes
Visa and MasterCard both experienced increases in their payments volumes last month. Visa’s total US payments volume increased by 10%...
Planet Payment and MICROS to add China UnionPay to MICROS Payment Gateway
Planet Payment and MICROS Systems announced an agreement to add support of China UnionPay (‘UnionPay”), a leading bankcard association, to...
UK shoppers abandon over £1 billion worth of online transactions
Research conducted for Experian estimates that £1.02 billion worth of online shopping transactions were abandoned last year by UK consumers...