USA & Canada
Submitted by epayments on April 1, 2007 - 7:32pm.
CTIA Wireless 2007
MILWAUKEE & LONDON--(www.AllPayNews.com)--Metavante Corporation, the banking and payments technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI), today announced the signing of a memorandum of understanding to form a joint venture with Monitise, the leading European provider of secure mobile banking and payments capability, to operate a mobile payments system in the United States.
Submitted by epayments on November 13, 2006 - 8:13pm.
Purchase at Qianmen Quanjude Restaurant Begins Acceptance of Discover Network Cards at More than 480,000 China Unionpay Merchant Locations Across China (www.AllPayNews.com) --It was less than a year ago that a landmark transaction at the famous Macy’s Herald Square in New York City kicked off the first phase of a reciprocal acceptance agreement between Discover Financial Services LLC, a business unit of Morgan Stanley (NYSE:MS), and China Unionpay (CUP), China’s only national bankcard payment network. Today, a single swipe of a Discover Card marks the second phase of the agreement, signifying the acceptance of Discover Network cards at more than 480,000 merchant locations and 90,000 ATMs across China.
Submitted by epayments on August 27, 2006 - 4:59pm.
Agreement will Lead to Acceptance of Discover Network Cards in Japan and JCB Cards on the Discover Network in the U.S.
Riverwoods, Illinois and Tokyo, Japan, Aug 23, 2006 - (AllPayNews) - Discover Financial Services LLC, a business unit of Morgan Stanley (NYSE:MS), and JCB, the largest card issuer and acquirer in Japan, today announced they have entered into a strategic relationship that will lead to increased card acceptance for both companies.
Submitted by epayments on April 27, 2006 - 5:11pm.
Succeeds Ruth Ann Marshall, Who Will Retire
PURCHASE, NY, April 27 /CNW/ - MasterCard International today announced that it has named Walter M. Macnee President of the Americas, effective May 15.
Submitted by epayments on April 24, 2006 - 7:48am.
WASHINGTON — The Federal Reserve said last week it won’t intervene in the growing market of card interchange fees, now as much as $30 billion a year.
A Fed official said the United States’ central bank should not get involved in the conflict going on between the two major card companies, Visa USA and MasterCard International, and the merchants. (Read also, Interchange wars: Merchants tug networks for change.)
Submitted by epayments on April 11, 2006 - 5:16pm.
WAYNE, N.J.--(CCNMatthews - Apr 11, 2006) -
DataWave Systems, Inc. (OTCBB: DWVS), an established provider of prepaid and stored value delivery systems, today announced the launch of the first instant-issue prepaid MasterCard card program in Canada.
Submitted by epayments on March 30, 2006 - 5:13pm.
TORONTO, March 30 /CNW/ - Scotiabank today announced the appointment of
Alberta G. Cefis to the position of Executive Vice-President and Group Head, Global Transaction Banking, effective April 30, 2006. Global Transaction Banking provides totally integrated business solutions to businesses of all sizes on a global basis. Ms. Cefis is currently Executive Vice-President, Domestic Personal Lending and Insurance, and President & CEO, Scotia Mortgage Corporation.
Submitted by epayments on February 8, 2006 - 8:32pm.
SAN FRANCISCO--(CCNMatthews - Feb 8, 2006) -
Financial Index Measures $60.8 Trillion in 2005, Forecasts $64.8 Trillion in 2006 Commercial Spend Worldwide
Visa Commercial today released the global Commercial Consumption Expenditure (CCE) forecast for 2006 that shows steady growth in business and government spending worldwide.
Submitted by epayments on February 2, 2006 - 4:16pm.
SAN FRANCISCO--(BUSINESS WIRE)--Feb. 2, 2006-- National Brands from McDonald's to CVS/pharmacy Accepting Visa Contactless Cards, Creating One of the Fastest Adoptions of Payment Technology Ever
Submitted by epayments on February 1, 2006 - 6:09pm.
HealthDay provides an outline of the debate of Health Savings Accounts (HSA)
Critics say key proposal -- expanding health savings accounts -- won't ease health-care woes
WEDNESDAY, Feb. 1 (HealthDay News) -- President Bush drew mixed reaction Wednesday to his broadly outlined strategy for taming health-care costs and reducing the ranks of the uninsured in his State of the Union address Tuesday evening.
Submitted by epayments on January 30, 2006 - 6:38pm.
Visa International is preparing to turn its divisions in Asia, the Middle East and Latin America into separate companies as it adapts to the growth of credit card transactions and more scrutiny by retailers and regulators.
Submitted by epayments on January 9, 2006 - 3:48pm.
American banks’ strategy of pushing contactless payments may help them to quickly overtake Asia, where the technology is on slow boil, but the stakes are higher.
JPMorgan Chase, Citibank, HSBC, Key Bank and MBNA are introducing millions of debit and credit cards for small value transactions in an attempt to bite into the 45 percent portion of purchases still not done using plastic.
Submitted by epayments on January 5, 2006 - 9:03am.
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Jan. 4, 2006--If you want to see the future of payment cards, look East, according to Andrei Hagiu, an Assistant Professor at Harvard Business School, in "i-modes and Octopi: Will Asia Reshape the World's Payment Industry?"
Submitted by epayments on December 23, 2005 - 9:10am.
Agreement Includes Equity Stake in Mint Technology Corp.
TORONTO -- (MARKET WIRE) -- 12/22/2005 -- Mint Capital Corp., a subsidiary of Mint Technology Corp. (TSX-V: MIT), and GE Money, the Canadian consumer lending unit of General Electric Company (NYSE: GE), have today entered into an agreement to issue prepaid cards in Canada. Mint is Canada's emerging leader of solutions for prepaid cards, a payment method gaining widespread popularity in Canada and the United States.
Submitted by epayments on November 16, 2005 - 11:30am.
FORT LEE, N.J., Nov. 15 /PRNewswire-FirstCall/ -- On Track Innovations Ltd. (OTI) (Nasdaq: OTIV; Prime Standard (Frankfurt): OT5), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, announced that it will deliver contactless solutions for more than ten (10) million contactless payment cards to the growing contactless payment market in the US by the end of the year.
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