News

Loyalty & Rewards
Card Issuers Target The Affluent
April 30, 2014

Perhaps it should come as no surprise, but consumers today are a lot less likely to own a credit card and carry card debt. The Great Recession aside, issuers may have helped spark the change when they cut back on card approvals and credit limits...

B2B Payments
Fiserv Sees 44% Jump In Q1 Profit As Client List Grows
April 30, 2014

Financial services technology provider Fiserv Inc. on April 29 reported a 7 percent jump in first quarter total revenues, to $1.23 billion from $1.15 million a year earlier. Net income jumped 43.6 percent, to $168 million from $117 million. Get the Full Story Complete the...

B2B Payments
Digital Insight Deal Helps Drive 8% Jump In NCR Q1 Revenue
April 30, 2014

ATM and point-of-sale technology company NCR Corp. continued to make strides during the first three months of the year to transition to a software-driven provider of transaction technologies, with software-related revenue jumping 45 percent year over year, including a 242 percent jump in software-as-a-service (SaaS)...

International
Commonwealth Bank Set to Launch Square Competitor
April 30, 2014

The bank plans to launch the device on Wednesday.

Merchant Innovation
Amazon Launches Online Store for Wearable Tech
April 30, 2014

The store is a subsection of the site's e-commerce portal.

Company Spotlight
MasterCard Launches eWallet in New Zealand
April 30, 2014

The MasterCard MasterPass has already launched in over 20 countries.

News
Diebold 2.0 Now Includes Accenture As a Partner
April 30, 2014

Troubled ATM manufacturer Diebold continues to work through its financial and performance issues. In its latest turnaround move, the company is partnering with Accenture to help streamline various transactional functions across its global operations.

International
Korean Credit Card Companies Cut Visa and MasterCard
April 30, 2014

The companies are cutting off in order to save money from royalty fees.

B2B Payments
Are Small Business Credit Card Holders Protected?
April 30, 2014

The rules and regulations that protect consumers card have long been at the forefront of news and regulation but small business owners and credit card holders in the US, are second-class citizens. The laws that have benefited consumers and changed the average fees and pricing...