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 Visa Inc. announced its support for a common U.S. debit solution and an expansion of Visa’s previously announced roadmap for EMV (Europay MasterCard Visa) chip card adoption in the United States to include a migration path for ATM transactions. To help facilitate chip adoption and issuer compliance with U.S. debit regulations, Visa plans to provide some of its proprietary EMV [...]

The post Visa expands US roadmap for EMV chip adoption appeared first on Payments Cards & Mobile.

Transaction banking has outperformed investment and commercial banking in terms of revenue growth in the post-financial crisis period. To better position themselves for success, 82% of banks surveyed have reorganized their transaction banking operations in the past three years—43% in 2012 alone. Transaction banking is a growth area for banks, with volumes rising steadily. This [...]

The post Trends in Transaction Banking: A Global Survey appeared first on Payments Cards & Mobile.

The Commission has published a package consisting of a communication on a European Retail Action Plan and a Green Paper on unfair trading practices in the supply chains for food and non-food products.  We expect that an effective and well-executed action plan will help to address the barriers to growth and development that retailers face. [...]

The post Euro Commerce: The time is right for a European Retail Action Plan appeared first on Payments Cards & Mobile.

The Western Union Company announced that it has extended its prepaid receive card program to Costa Rica and Guatemala. The card, launched in El Salvador last year, strategically leverages the global Western Union Agent network.   The card, offered together with AirPak, Western Union’s Agent in Central America, allows receivers of Western Union Money Transfer transactions [...]

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Consumers respond positively to a combined rewards program for credit and debit cards.  According to a recent survey by  SYNERGISTICS Research entitled, Re-Engineering Credit Card Programs, three-quarters (75%) of Internet households were found to have both a debit card and a credit card, with many having them both at the same financial institution. Those who [...]

The post Combining credit card and debit card rewards a hit with consumers appeared first on Payments Cards & Mobile.