This Week's Payment Systems News from American Banker
Prepaid Companies Going After Rivals' Markets
American Banker | May 9
Prepaid companies have largely avoided one another in the quest for customers, but a new partnership between NetSpend and entertainment conglomerate BET alters the dynamic.
Visa May Revise Issuer Incentives After Debit-Fee Cap
American Banker | May 9
Visa said it plans on revisiting its incentive agreements with issuing banks after the Federal Reserve finalizes its capped rate for debit interchange this summer.
American Banker | May 9
Visa said it plans on revisiting its incentive agreements with issuing banks after the Federal Reserve finalizes its capped rate for debit interchange this summer.
CashEdge Rolls Out Prepaid Version of Popmoney
American Banker | May 6
CashEdge Inc. has developed a version of its bank-focused person-to-person payments service for prepaid card companies.
American Banker | May 6
CashEdge Inc. has developed a version of its bank-focused person-to-person payments service for prepaid card companies.
MasterCard-Branded Prepaid Card Launches in Brazil
American Banker | May 6
MasterCard, Banco PanAmericano SA and Rev Worldwide have unveiled a prepaid card in Brazil, where more than half of the country's employed residents are paid in cash.
American Banker | May 6
MasterCard, Banco PanAmericano SA and Rev Worldwide have unveiled a prepaid card in Brazil, where more than half of the country's employed residents are paid in cash.
Cost of Adoption, Economy Influence EMV Adoption in U.S., Fed Bank Exec Says
American Banker | May 5
As the U.S. determines how to adapt to payment technology trends spreading around the world, the timing of any changes may be influenced more by cost than anything else.
American Banker | May 5
As the U.S. determines how to adapt to payment technology trends spreading around the world, the timing of any changes may be influenced more by cost than anything else.
As Fed Debates Debit-Fee Cap, 'Conspiracy Theories' Emerge
American Banker | May 5
If certain conspiracy theories have any merit, the Fed might be heeding signals from Capitol Hill as it takes more time to finalize debit interchange rules, one payment industry ...
American Banker | May 5
If certain conspiracy theories have any merit, the Fed might be heeding signals from Capitol Hill as it takes more time to finalize debit interchange rules, one payment industry ...
MasterCard, Profit Up 23%, Doesn't Expect Near-Term Hit from Debit Interchange Cap
American Banker | May 4
The Federal Reserve Board's debit interchange cap is set to go into effect July 21, but MasterCard Inc. said it does not expect to feel its impact until at least next year.
American Banker | May 4
The Federal Reserve Board's debit interchange cap is set to go into effect July 21, but MasterCard Inc. said it does not expect to feel its impact until at least next year.
After Data Breach, Sony Considering Reimbursing Card-Reissuing Costs
American Banker | May 3
Sony said it would consider reimbursing FIs for the costs associated with reissuing credit cards that might have been compromised in last month's breach of its PlayStation Network.
American Banker | May 3
Sony said it would consider reimbursing FIs for the costs associated with reissuing credit cards that might have been compromised in last month's breach of its PlayStation Network.
