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American Banker This Week's Payment Systems News

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Monday, November 1, 2010

American Banker This Week's Payment Systems News

This Week's Payment Systems News

Revised Card Data Standards Aim for Improved Clarity

American Banker | Nov 1

As of Jan. 1, merchants and payments companies must ensure that their systems comply with versions 2.0 of the Payment Card Industry and Payment Application data security ...

VeriFone to Bolster Gas Pump Security

American Banker | Nov 1

First Data Corp.'s TransArmor payment-tokenization product soon will be available in VeriFone Systems Inc.'s multilane and petroleum point of sale terminals.

MoneyGram Swings to $10M Profit

American Banker | Oct 29

MoneyGram International Inc. said efficiency gains and cost cuts helped it swing to a $10 million profit for the third quarter despite lower revenue.

At Prosper, the Model Changes and So Do Perceptions

American Banker | Oct 28

Prosper Marketplace, which once presented itself as the consumer advocate of the lending space, is now being cast as a stain on the resume of an adviser with the CFPB.

Issuers Spend $83M on College Affinity

American Banker | Oct 27

Credit card issuers paid more than $83M to colleges and educational organizations in 2009 in connection with affinity card programs, according to a Federal Reserve ...

Convalescent Card Credit Set to Strengthen Further

American Banker | Oct 26

Average chargeoff rates at the largest issuers in the first two months of 2011 could be 7% to 20% lower than the third quarter, based on recent delinquency statistics.

New Competition Comes to Money Transfer

American Banker | Oct 26

Two startups are planning to provide alternative funds-transfer methods using payment channels familiar to consumers, but without using dedicated agent locations as established ...

MasterCard Finds LEED in Missouri

Bank Technology News | Nov 1

MasterCard's largest facility, its IT center in O'Fallon, Missouri, has received Gold certification in the LEED for Existing Buildings rating system.

Labels: mcommerce, PIN DEBIT

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