Shoppers Spend Big On Last Minute Christmas Gifts
December 18, 2012

UK consumers are set to spend £1.26bn on their Visa cards on Saturday 22nd December, making it the busiest high street shopping day of the year, according to analysis by Visa Europe. The payments giant expects to process 31.9 million transactions on this day alone....

VeriFone Faces $250 Million Lawsuit Over New York Taxi Ad Agreement
December 18, 2012

VeriFone Systems has been sued for over $250 million by Creative Mobile Technologies LLC over an agreement to advertise on screens in New York taxis, reports Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Comarch And Alior Bank Partner For Mobile Banking
December 18, 2012

Poland’s Alior Bank and IT business services provider Comarch have signed a agreement to offer mobile banking service’s to the bank’s clients. The new service will allow users to access their bank account information and carry out basic transactions such as transfers, card repayments and...

Proxame And SMARTRAC Sign NFC Partnership
December 18, 2012

Proxama, NFC, mobile wallet and mobile marketing technology provider has announced a partnership with SMARTRAC, a developer manufacturer and supplier of RFID transponders and inlays to develop NFC-based campaigns. The partnership is expected to work with consumer-facing brands and agencies from early 2013. Both companies...

12 Days ‘Til Christmas: Day 3
December 18, 2012

“…a virtual tour of Harvard!” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...

MasterCard Morning Brew
December 18, 2012

Welcome to the second edition of our weekly MasterCard Morning Brew! Check back every Wednesday for the latest news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Russian Bank Deploys Prepaid Card Services With The Help Of Gemalto
December 18, 2012

Russian bank Svyaznoy Bank has announced a partnership with Gemalto to launch prepaid card services in the country. The Gemalto prepaid solution is certified by MasterCard and Visa and thus will be accepted at any location which processes these two payment brands. Get the Full...

Natwest And RBS Set Money Aside To Refund Distracted Customers
December 18, 2012

Natwest and the Royalb bank of Scotland have set aside the hefty sum of £10 million to refund customers who forgot their cash at ATMs. Instead of crediting the money into the customer’s account automatically, the two banks diverted the money to its ‘reserves’ account...

Sweden’s Pirate Party Presses Charges Against Banks’ Wikileaks Blockade
December 18, 2012

The Swedish Pirate Party has pressed charges against Swedish banks for their discrimination against WikiLeaks. The pirate party says the blockade is a threat against freedom of opinion and expression. The decision to file formal charges is part of the party’s decision to push regulation...