Facebook Phasing Out Credits, Launches First Real-Money Game
August 07, 2012

The latest entry in how Facebook will become a payments company involves gambling. 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....

Adventures In Check Payments: What Happens When You Cash That Junk Mail Offer?
August 07, 2012

Patrick Combs is currently on tour with his one-man act, “Man 1, Bank 0,” in Edinburgh, Scotland. Fortunately, he’s able to laugh about that one time when he cashed a blatantly false check at his local bank branch. Get the Full Story Complete the form...

Durbin: Swipe Fee Settlement Is A “Stunning Giveaway”
August 07, 2012

Sen. Richard Durbin, D-Ill., went on the Congressional Record this week to call the recent settlement between Visa, MasterCard, issuing banks, and merchants over credit card swipe fees a “stunning giveaway.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

MasterCard: How To Avoid Canada’s EMV Mistakes
August 07, 2012

There are no surprises at this point: EMV is coming to the United States, and most acquirers should have a pretty firm grasp on what will be needed to complete the transition. Get the Full Story Complete the form to unlock this article and enjoy...

PYMNTS Daily Roundup: August 6-7
August 07, 2012

Eileen Serra Named CEO of Chase Card Services  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...

Vivotech Sells Reader Business To ID TECH
August 06, 2012

Payments software and systems provider Vivotech has sold its reader business to California-based ID TECH, TechCrunch reports. 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...

Florida City Goes Mobile-Only for Parking Payments
August 06, 2012

In many cases mobile payments provide consumers with a cool alternative to the traditional card swipe or cash payment in exchange for goods and services. But in one instance in Cocoa Beach, Fla., mobile is the only option. Get the Full Story Complete the form...

Russian eCommerce Poised For Double Digit Growth
August 06, 2012

Russia is home to Europe’s largest online population — up 14 percent over the year to 53 million users, The Economist reports, and that’s with an Internet penetration rate of just 37.1 percent, nearly half that of nearby France and Germany. In addition, the Russian...

Citi Sells Its Diners Club Issuing Business In Ireland, UK
August 06, 2012

Citigroup has sold its Diners Club payment card issuing business in the UK and Ireland to Affiniture Cards, Reuters reports. Terms of the deal were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...