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Barclaycard Business, the merchant acquiring arm of Barclaycard, has launched Prepaid Solutions to enable retailers to offer gift cards and other stored value solutions to their customers. The UK-wide launch follows a three-month pilot with Autonomy, a ladies’ clothing chain with 27 stores nationally. The product was developed with Irish systems company Card Commerce and [...]

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Woolworths and HSBC Bank Australia have signed an exclusive heads of agreement to issue a Woolworths general purpose credit card in Australia, with a formal alliance agreement expected to be signed by end-Q2 2008 and a view to issuing the credit card to customers by late 2008. HSBC has long-term successful partnerships with other large [...]

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Atos Worldline has held onto the contract to process BP’s card transactions including credit, debit, loyalty, fuel and charge cards, as well as manual voucher processing services. Atos Worldline has been delivering these services to BP since 1991. It has also signed with Commerzbank to provide online credit decisions for eBay’s new credit card. German [...]

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American Express has licenced Oberthur Technologies to produce clear payment cards for other card issuers. Amex owns numerous patents covering clear and translucent payment cards and the processes and procedures necessary for producing them. Now Oberthur Technologies can produce payment cards that are truly clear and transparent, using the same patented technology incorporated in Amex’s [...]

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The Moroccan central bank, Bank Al-Maghrib, has signed a 25-year agreement with Experian to upgrade and run its credit bureau facilities in Morocco. The credit bureau is a first in the region and is seen as important in the development of credit in Morocco, especially in the SME sector. The bureau will be developed and [...]

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