Payment Methods

ICA Introduces Sweden To Contactless Cards
December 10, 2014

Swedish bank ICA will issue MasterCard contactless payment cards to more than 500,000 customers in the first contactless rollout in Sweden, the bank announced on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

NACHA Continues Forward With Same-Day ACH
December 10, 2014

After in-depth discussions regarding the need to speed the ACH process and alternative approaches, NACHA has issued an official Request for Comment for Same Day ACH. Released Tuesday (Dec. 9), the RFC outlines a proposal that would allow ACH payments to be cleared and settled...

Square Poaches Visa CMO
December 10, 2014

Kevin Burke, Visa’s Chief Marketing Officer for its core products, has jumped to Square where he will “head up acquisition channels,” according to a statement Square issued on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Dynamics Pulls In $70 Million Investment, MasterCard Backing
December 10, 2014

Dynamics, a 200-employee card technology company based near Pittsburgh, has captured a $70 million investment from a group that includes MasterCard, according to a report in the Pittsburgh Tribune-Review. What makes Dynamics interesting, company execs said, are the security enhancements they are creating for payment...

NACHA Moves On Same Day ACH
December 09, 2014

The Electronic Payments Association on Thursday (Dec. 9) formally sought feedback on Same Day ACH. The NACHA plan, though, wouldn’t kick in for almost two years, as it would materialize in three phases starting in September 2016. Get the Full Story Complete the form to...

News
Amazon’s New Make An Offer Idea
December 09, 2014

Don’t like the price on something on Amazon.com? No problem. Just offer Amazon a lower price and see if they go for it. This program, set to be announced Tuesday (Dec. 9) and called “Make An Offer,” limited to “one-of-a-kind” items such as collectibles and...

Amex Busts Blue Card Cash Back
December 09, 2014

Maybe the rewards program offered by American Express’s Blue Cash credit card has turned out to be a bit too popular with consumers. It appears the credit card company has taken some new steps to prevent “perk abuse.” Get the Full Story Complete the form...

Mobile
Chick-Fil-A Goes QR Code Mobile
December 09, 2014

The 1,850-store fast-food chain Chick-Fil-A on Monday (Dec. 8) announced its own QR code mobile payment and mobile ordering app for both iOS and Android, but the initial rollout will only be support at 130 stores in Atlanta, Chicago, Houston, Los Angeles, Orlando and Washington, D.C.. Get the Full Story Complete...

Payment Methods
Card Brands, Banks Now Be The Hippest Backers In The Music World
December 09, 2014

Bye-bye soda pop firms, good riddance car companies. The biggest backers of music acts in the U.S. are now card brands and major banks, according to a new report from Billboard. Get the Full Story Complete the form to unlock this article and enjoy unlimited...