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  • The hidden costs of your foreign holiday money Friday, July 15, 2011 @ 6:34PMMillions of holidaymakers will be paying over the odds for their holiday cash this summer because they did not do their homework before travelling.
  • Australians still hooked on credit Wednesday, July 13, 2011 @ 1:51AMAustralians remain hooked on credit despite planning fewer major purchases in the next three months as their outlook for household finances plunges to a 20-year low.More than a third of consumers expect ...
  • Credit junkies optimism sinks to 20-yr lows Wednesday, July 13, 2011 @ 1:21AMAUSTRALIANS remain hooked on credit as their outlook for household finances plunged to 20-year lows despite planning fewer major purchases in the short term.
  • MasterCard Introduces the ‘Eat, Drink and Be Generous’ Campaign to Benefit Stand Up To Cancer Tuesday, July 12, 2011 @ 8:24AMPURCHASE, N.Y. & LOS ANGELES--(BUSINESS WIRE)--MasterCard Worldwide today introduced ‘Eat, Drink and Be Generous’, a campaign dedicated to making every penny count in the fight against cancer, that will raise funds for research supported by the Stand Up To Cancer (SU2C) charitable initiative. Every time cardholders use their MasterCard cards when dining out from now through September 1st ...
  • National Bank Launches its International Direct Payment Solution Monday, July 11, 2011 @ 11:06AMMONTREAL, QUEBEC--(Marketwire - July 11, 2011) - National Bank (TSX:NA) is proud to launch its International direct payment solution that will allow National Bank Client Card holders to use their debit cards worldwide via the Maestro ® network. 1
  • Tough to gauge how new ‘swipe fee’ rules will impact Montana Sunday, July 10, 2011 @ 1:23AMIf you’re a Montana merchant, bank or consumer — and that means most everyone in the state — the new federal rules on debit-card “swipe fees” will affect you in some way, as they ripple through what’s become a multibillion-dollar mine field of monetary transactions.
  • Swipe fee Q and A: How does money flow in this complex transaction? Sunday, July 10, 2011 @ 1:22AMThis October, a cap will be imposed on the “swipe fees” that banks receive for transactions with debit cards they issue.
  • Potential impact of debit card 'swipe fee' limit in Montana difficult to gauge Saturday, July 9, 2011 @ 7:20PMHELENA - If you're a Montana merchant, bank or consumer - and that means almost everyone in the state - the new federal rules on debit card "swipe fees" will affect you in some way, as they ripple through what's become a multibillion-dollar minefield of monetary transactions.
  • QT debit card program ending Saturday, July 9, 2011 @ 12:07AMA QuikTrip spokesman says the convenience store chain is surprised and disappointed by the sudden failure of the company's one-year dip into the debit card business.
  • Moviegoers Can "Get Loot When They Purchase and Use a MasterCard Prepaid Card Thursday, July 7, 2011 @ 12:11PMMasterCard Worldwide today announced the launch of "Get Loot, an entertainment-based program that offers U.S. consumers and avid movie fans ...
  • Another month, another gain for e-commerce Thursday, July 7, 2011 @ 11:52AMOnline purchases increased 15% in June, the eighth straight month e-commerce has posted double-digit gains, according to a new report from MasterCard. Women’s apparel did exceptionally well, though online jewelry sales suffered. High gas prices and stormy weather appear to have helped online retail.
  • UniCredit Uses Gemaltos Contactless Sticker for Mobile Payment in Slovakia Thursday, July 7, 2011 @ 12:11AMGemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces the selection by UniCredit Slovakia, ...
  • UniCredit Uses Gemalto’s Contactless Sticker for Mobile Payment in Slovakia Thursday, July 7, 2011 @ 12:06AMAMSTERDAM--(BUSINESS WIRE)--Gemalto selected by UniCredit Slovakia, to provide Optelio contactless stickers for its first commercial mobile payment deployment
  • Consumers losing confidence in economy Monday, July 4, 2011 @ 1:27AMConsumers are losing confidence in Australia's economy and the job market, a MasterCard survey shows.
  • Surprise drop in retail Sunday, July 3, 2011 @ 9:24PMRetail sales unexpectedly fell in May on weak consumer confidence.
  • Simon Read: Plastic card charges are a menace that must be controlled Friday, July 1, 2011 @ 6:15PMRip-off fees on plastic cards have been outlawed by the Office of Fair Trading this week, but that doesn't mean we'll see the end of them any time soon. While the OFT has given companies notice to change misleading debit and credit card surcharging practices, you can be sure that they'll drag their feet long enough to ensure a decent flow of extra profits before they have to comply.
  • Fed Boosts Debit 'Swipe Fee' Cap to 21 Cents Friday, July 1, 2011 @ 11:44AMDebit card swipe fees paid by merchants and retailers to large banks will be capped at 21 cents, according to rules finalized Wednesday by the Federal Reserve Board.
  • WU to Launch an Innovative Card Friday, July 1, 2011 @ 11:30AMWestern Union has recently announced that it would launch a Western Union Money Transfer Receive Card, which would set in a new hassle-free way to receive money transfer from across the globe
  • Consumers could take a hit from Fed’s debit card swipe fee decision Thursday, June 30, 2011 @ 11:18PMThe Federal Reserve Board’s ruling this week on debit card swipe fees could have implications for consumers if banks and retailers decide to pass along the costs of implementing the decision.
  • Debit card swipe fee cap worries Montana banks Thursday, June 30, 2011 @ 10:08PMHELENA - The Federal Reserve Bank's new limit on debit card fees paid by store owners who accept the cards came under fire Thursday from Montana merchants, who say the Fed should have stuck with the initially proposed lower limits.
  • MasterCard spends $930,000 lobbying in 1st quarter Thursday, June 30, 2011 @ 2:37PMMasterCard Inc. spent $930,000 in the first quarter to lobby the federal government on debit card fees and other issues, according to a disclosure report.
  • AS INTERNATIONAL TRAVEL REBOUNDS, RESEARCH SHOWS NEED FOR CHIP AND PIN CARDS Thursday, June 30, 2011 @ 1:58PMNEW YORK According to a new survey commissioned by Travelex, the worlds largest non-bank foreign exchange currency provider, while world travel is expected to rebound with a 4.5 percent increase in both vacation and business trips this year, the majority of American outbound travelers are unaware that their magnetic stripe credit and debit cards may not be accepted abroad.A recent survey...
  • StockTwits: First Solar, HP and eBay in the spotlight Thursday, June 30, 2011 @ 1:08PMThe market's biggest movers Thursday were also in the spotlight on StockTwits, with First Solar, Hewlett Packard, eBay, Mastercard and Visa among the top trending topics.
  • CORRECTING and REPLACING China UnionPay and MasterCard Sign Payment Gateway Service Agreement Thursday, June 30, 2011 @ 8:14AMSINGAPORE--(BUSINESS WIRE)--Second graph, second sentence of release should read: The areas of cooperation included within the scope of the Addendum and Payment Gateway Service Agreement are related to cross-border transactions and not domestic transactions (sted The areas of cooperation included within the scope of the Addendum and Payment Gateway Service Agreement are related to cross-border ...
  • Western Union Launches a New Way to Receive Money Transfers Sent from around the Globe Thursday, June 30, 2011 @ 7:45AMENGLEWOOD, Colo.--(BUSINESS WIRE)--Western Union launching a new way to receive money transfers sent from around the globe
  • China UnionPay and MasterCard Sign Payment Gateway Service Agreement Thursday, June 30, 2011 @ 7:21AMSINGAPORE--(BUSINESS WIRE)--China UnionPay (UnionPay) and MasterCard Worldwide recently signed a Payment Gateway Service Agreement that will enable MasterCard’s e-commerce platform to accept UnionPay Cards. Under the agreement, both UnionPay and MasterCard will cooperate to configure their respective systems to equip the MasterCard Payment Gateway with the ability to process transactions made ...
  • Fed compromises on debit card fee cap Wednesday, June 29, 2011 @ 9:17PMWASHINGTON, June 29 (UPI) -- The Federal Reserve voted Wednesday to cap debit card fees for purchases in the United States at 21 cents per transaction.
  • U.S. Fed softens the blow of debit fee crackdown Wednesday, June 29, 2011 @ 9:17PMWASHINGTON/NEW YORK (Reuters) - The U.S. financial industry on Wednesday succeeded in blunting a government proposal to sharply cut the billions of dollars banks annually charge retailers to process debit card purchases.
  • Visa, MasterCard up after debit-card swipe fee cap Wednesday, June 29, 2011 @ 8:17PMCARD FEES MasterCard, Visa shares up Visa Inc. and MasterCard Inc., the world's biggest consumer-payment networks, surged more than 10 percent after the Federal Reserve relaxed restrictions on debit-card transaction...
  • Fed sets 21-cent debit card fee Wednesday, June 29, 2011 @ 8:17PMThe Federal Reserve said Wednesday that banks can charge retailers only 21 cents each time they swipe a debit card. The board raised the amount from its initial proposal of 12 cents per swipe. Banks and big payment...
  • Fed orders banks to lower retailers' debit card fees Wednesday, June 29, 2011 @ 7:55PMWASHINGTON — The Federal Reserve said Wednesday that banks can only charge retailers 21 cents each time they swipe a...
  • Visa, MasterCard Surge as Fed Lifts Caps on Debit-Card Fees Wednesday, June 29, 2011 @ 4:38PMVisa Inc. and MasterCard Inc., the world’s biggest consumer-payment networks, surged more than 10 percent after the Federal Reserve relaxed restrictions on debit- card transaction fees.
  • Debit Card banks, processors shares surge Wednesday, June 29, 2011 @ 3:55PMStocks in banks that issue debit cards and in payment processors Visa and Mastercard surged Wednesday as the Federal Reserve prepared to adopt higher retailer card swiping fee limits than had been originally discussed.
  • Visa, MasterCard Climb as Fed Increases Caps on Debit-Card Fees Wednesday, June 29, 2011 @ 3:09PMVisa Inc. and MasterCard Inc., the world’s biggest consumer-payment networks, both surged more than 9 percent after the Federal Reserve capped debit-card transaction fees at 21 cents.
  • Visa, MasterCard Gain as Fed Raises Debit-Card Fee Cap to 21 Cents From 12 Wednesday, June 29, 2011 @ 2:40PMVisa Inc. (V) and MasterCard Inc. (MA) , the world’s biggest consumer-payment networks, both surged more than 9 percent after the Federal Reserve moved to cap debit-card transaction fees at 21 cents.
  • Pensioners critical of PIN-free card Tuesday, June 28, 2011 @ 11:28PMBanks made elder abuse easier by introducing PIN and signature-free credit card schemes across Australia.
  • Swipe-only cards put elderly at risk Tuesday, June 28, 2011 @ 10:14PMBANKS have made elder abuse easier by introducing PIN and signature-free credit card schemes across Australia, say pensioner groups.
  • Airlines risk legal action over credit card 'sting' Tuesday, June 28, 2011 @ 6:39PMBudget airlines, theatres and football clubs risk legal action if they continue to levy inflated charges for paying by credit and debit cards, the Office of Fair Trading (OFT) warned yesterday.
  • easyJet and Ryanair: OFT orders travel companies to drop hidden 'rip-off' surcharges Tuesday, June 28, 2011 @ 11:02AMThe Office of Fair Trading singled out the airline sector - where UK customers spent £300million on surcharges in 2009 - for using the practice.
  • Curtis Arnold: Rewards Cards That Do It Your Way Monday, June 27, 2011 @ 5:02PMUser-generated content is all the rage on Internet sites, and many credit card issuers are following that trend to let younger cardholders generate their own rewards programs.
  • Foreign exchange deal suits to a tee Saturday, June 25, 2011 @ 9:18AMYou recently asked for comments on FX brokers. I take golfing tours for 24 players every three years to Britain and Ireland.
  • Budget Travel: Chip-and-PIN Card Comes to America Friday, June 24, 2011 @ 7:48PMThe chip-and-PIN credit card is coming to America. That conclusion seems inescapable from the recent announcement by Travelex that it will facilitate the purchase of preloaded debit cards for Americans ordering them online. No longer will the American traveler have to visit a retail outlet of Travelex in order to obtain such cards. They will now be available in the few minutes it takes to place ...
  • MasterCard Intact at Neutral Friday, June 24, 2011 @ 1:20PMWe reiterated our Neutral recommendation on MasterCard Inc. given the current sustainability factor.
  • The Zacks Analyst Blog Highlights: JPMorgan Chase, Bank of America, Wells Fargo, Visa and Mastercard Incorporated Thursday, June 23, 2011 @ 8:30AMZacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
  • Alpine Card Service Starts Merchant Acquiring for JCB Card in Nepal Thursday, June 23, 2011 @ 1:07AMKathmandu and Tokyo, June 23, 2011 - (JCN Newswire) - Alpine Card Service (ACS), a financial service company conducting card acquiring business in the Federal Democratic Republic of Nepal (Nepal) and a wholly owned subsidiary of Alpine Travel Service, and JCB International (JCBI), the international operations subsidiary of JCB, the only global payment brand based in Japan, today announce the ...
  • State Employees Credit Union of New Mexico Launches $15,000 Cash Prize Auto Loan Promotion Wednesday, June 22, 2011 @ 10:16PMThe State Employees Credit Union of New Mexico is offering a new auto loan giving members and non-members the opportunity to enter for a chance to win $15,000 cash money. (PRWeb June 22, 2011) Read the full story at http://www.prweb.com/releases/auto_loans-santa_fe/albuquerque_nm/prweb8587831.htm
  • American Express Launches a New Prepaid Card Wednesday, June 22, 2011 @ 8:07AMCredit card transactions in the US grew by slightly less than 4% to reach $1.96 trillion in 2010, whereas debit card transactions grew by almost 14% to cross $1.8 trillion over the same period.
  • my Travel Cash rewards its customers every time they spend Wednesday, June 22, 2011 @ 7:00AMOne percent cashback on purchases and no ATM fees – fantastic new benefits with my Travel Cash Prepaid MasterCard® cards
  • VRL: Cards International Awards 2011 – Winners Announced Wednesday, June 22, 2011 @ 5:43AMLONDON--(BUSINESS WIRE)--Cards International, leading provider of analysis, insight and intelligence to cards, payments and consumer finance professionals, has today announced the winners for its Cards International Awards 2011. The Editor’s Award 2011 for Consumer Focus was given to online financial management solutions provider eWise, which has demonstrated outstanding customer focus with the ...
  • American Express Hangs Around $49 Despite New Prepaid Plastic Tuesday, June 21, 2011 @ 3:24PMWe value American Express with a $49.61 Trefis price estimate of its stock - roughly in line with it