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Antitrust suit filed over Facebook Credits
A US public interest group has filed a complaint against Facebook, claiming the social network’s plan to force game developers...
Investigation into debit card charges raises concerns over transparency
The Office of Fair Trading (OFT) has warned that retailers that levy artificially high fees for card payments, or do...
Re-programmable card start-up Dynamics bags £35 million funding
US card start-up Dynamics Inc has bagged $35 million in a Series B funding round led by Bain capital. The...
Fed surprises markets with watered-down interchange caps
Shares in major US issuing banks and card schemes moved up late Tuesday as the Federal Reserve issued a watered-down...
Turkish bank retrofits ATMs to dispense gold ingots
Turkish Bank Kuveyt Turks is to convert its entire network of ATMs into gold bullion dispensers. Thus far, all 64...
Capital One agrees $9 billion deal for ING Direct USA
Dutch bank ING is to sell its profitable direct banking arm in the US to Capital One for $9 billion...
EU banks ready to break Visa/MasterCard duopoly
A group of 24 European banks planning to establish a rival card network to Visa and MasterCard have called on...
Ericsson takes aim at mobile money
Swedish giant Ericsson has become the latest company to throw its hat into the mobile money ring, launching a new...