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2002 First shortcode billing process put in place. Consumers text keywords and are charged via their mobile phone bill. Operators take around 30% of the gross fee charged to the [...]

Byline: Ankush Chibber Cash, not cards, remains the most widely used payment instrument in Australia for low-value payments, a study for Reserve Bank of Australia concluded. Cards, however, dominate midvalue [...]

Byline: Jennifer Tescher Lenders have a new tool to help increase access to credit for the underserved and provide it on better terms. Experian announced in January that it had [...]

Taxpayers who find it difficult to come up with the cash for the April 15th deadline may someday soon be able to say, 'Charge it, Uncle Sam!' Congress seems gung-ho [...]

Card products are expected to play a growing role in the health care arena. Health care already is considered strategically important to the bank card industry because of its interest [...]

Byline: Sara Lepro Think Finance wanted to give underbanked consumers access to credit when they needed it, while helping them avoid a bad cycle of debt. To accomplish this, the [...]

Byline: Kevin Woodward Roam Data Inc. is expanding its mobile card reader technology to BlackBerry users. The Boston company is making its Roampay Swipe device compatible with Research In Motion [...]

Byline: KUNUR PATEL The next mobile frontier will find our wallets at home and smartphones taking the lead at registers. But right now in the U.S., cellphones trumping plastic at [...]

A valiant explorer of the commerce-technology frontier E-commerce is becoming more social and more connected to the offline world THOSE who cherish privacy will recoil in horror, but for digital [...]

Byline: Kate Fitzgerald Arizona state government officials, responding to a recent uptick of incidents, are stepping up efforts to thwart criminals who steal consumers' credit and debit card information at [...]

Byline: Darren Waggoner New York Attorney General Andrew Cuomo announced Wednesday an investigation into predatory health care lending that misleads consumers and pushes them into debt. The investigation has found [...]

Byline: Lynn Holland and Jim Schlegel With Wal-Mart recently throwing its weight behind the need for a domestic chip and PIN program and United Nations Federal Credit Union declaring itself [...]

Byline: Kevin Woodward Commuters in Warsaw can now use MasterCard Inc. PayPass-enabled cards to pay transit fares as part of a test of contactlesscard acceptance, according to On Track Innovations [...]

Travel plaza operator Flying J will now accept Comdata methods-of-payment at its more than 250 locations across the U.S. and Canada. Comdata specializes in payment processing and data management products [...]

For his everyday credit card, a man with the online handle Mogul of Pineapples says he uses American Express Blue Cash, but for special occasions he will break out American [...]

Byline: Harry Terris Despite grim predictions that the credit crunch would choke off the economy's biggest engine - consumption - people have indeed been spending again. After $1.4 trillion of [...]

Late payments for most classes of consumer loans dropped in the fourth quarter ended Dec. 31, the second consecutive quarterly decline, according to a survey by the American Bankers Association. [...]

Byline: PHOTOGRAPHS BY MAURICIO ALEJO ILLUSTRATIONS BY ZOHAR LAZAR GQ's NEW RULES of PERSONAL FINANCE and COMPLETE FISCAL SANITY HEY, DID YOU HEAR? THE RECESSION'S OVER! OR IT SORT OF, [...]

Byline: TIM PARRY To get a bigger piece of the e-commerce pie, more merchants are offering alternative payment methods. According to the 2009 fourth-quarter mystery shopping survey from e-commerce consultancy [...]

Byline: PaymentsSource General Electric Co.'s GE Money is trying to help Fender Musical Instruments Corp. crank up sales of its iconic guitars with a private-label credit card. Cardholders may use [...]

Byline: Kate Fitzgerald, PaymentsSource Alternative payment companies are trying to gain scale by joining forces with banks, electronic funds transfer networks and walk-in payment centers. The strategy is a departure [...]

Byline: Kate Fitzgerald, PaymentsSource Issuers' aggressive efforts to close credit cardholders' accounts last year shrank portfolios and will probably cut into profits this year, according to an analyst. For the [...]

Byline: Harry Terris Like the rest of the financial services sector, shares in credit card lenders have staged a spectacular rally since their March nadirs as investors look ahead to [...]

Byline: Will Wade The near-field communication chip maker Inside Contactless is expected to announce today that it is making an open source version of its programming interface available to other [...]

Byline: PaymentsSource The weak global economy is driving down credit card transactions in India as more consumers shift their purchases to debit. Indian consumers had 19.3 million credit card transactions [...]

Byline: Steve Bills A new entrant in the tax-payment business is playing the price card to compete against two established companies. RBS WorldPay Inc. announced the Tuesday its payUSAtax service, [...]

Payments, like telephones and computers, have changed dramatically during the last five years. It's no longer about checks and check clearing. The check is no longer 'in the mail.' When [...]

Purchase that daily latte, advises financial expert Nicole Lapin. Surprised? That's not her only unusual advice. 'It's not your momma's finance lesson,' Lapin says in describing her new book, Rich [...]

Fast-food restaurants trying to reach deeper in patrons' pockets with lure of credit purchases On April 15, 1955, in Des Plaines, Ill., Ray Kroc served the first hamburger at his [...]

The Otis Engineering Corp has opted to use procurement cards in its industrial purchasing system. Procurement cards are credit cards used by industrial purchasers. Usage of procurement cards will lessen expenses and procedures involved in the processing and settling of industrial purchases. Otis is an energy service unit of the Halliburton Co. Otis and the other service units of Halliburton will issue procurement cards to its purchasers and for requisitioning needs of other corporate departments. Halliburton uses Visa cards for its purchasing transactions., Procurement cards offer such great savings opportunities and organizational benefits, that after just six months of testing, a group of Halliburton Co. units based in Texas wants to expand them [...]

New York State consumer officials have come out in opposition to one of the burgeoning uses for credit cards: the purchase of groceries at supermarkets. The principal concerns are the [...]

When they're about to make a purchase, what makes consumers who have five or six credit cards use one card rather than another'? 'I think that more and more consumers [...]

An emphasis on promoting debit cards seems to be emerging as banks, networks and card associations in Massachusetts have come together to establish the joint acceptance of credit and debit [...]

1 The creation of a worldwide medical history database could provide a link to expanded credit card services. Such a centralized records system will transmit patient files anywhere in the [...]

The branch of financial institutions that people carry in their back pockets in the form of credit cards is deadly weight, according to one nationally syndicated economist. But Austin bankers [...]

The mistakes that people make when managing their credit include using too many credit cards, making only the minimum monthly payment, using credit cards to pay for everyday living expenses and failing to check their credit rating.

The health and soundness of Puerto Rico's commercial banks stand in stark contrast to the turmoil in the commercial banking industry on the U.S. mainland. While the federal government is [...]

While securitization of residential mortgages that lack government backing remains moribund, credit card and other consumer lenders have issued about the same amount of asset-backed bonds this year as they [...]

By David Hannon The benefits of a procurement card program increase exponentially as more spend and more users are brought onto the program. So why is it such a challenge [...]

Credit scores improved as credit card debt increased for many people in November, according to a report by Credit Karma Inc. The average consumer had $7,879 in credit card debt [...]

The 75 million Americans who are retired or are nearing retirement represent an untapped opportunity for credit card issuers, according to Corporate Insight Inc. The New York market research firm [...]

Despite the economic downturn, small-business credit cards remain a growth opportunity, according to Aite Group. The Boston market research company said a survey it conducted in July concluded that the [...]

The Salvation Army is now accepting donations made with credit and debit cards at its ubiquitous red Christmas kettles. The religious group said it is accepting cards in more than [...]

Byline: Maria Aspan Five years ago, American Express Co. and Discover Financial Services clinched a landmark antitrust victory allowing them to expand their network businesses. Now, the protracted court battles [...]

Credit scores improved as credit card debt increased for many consumers in October, according to a report by Credit Karma Inc., a San Francisco company whose Web site tracks credit [...]

The Guild of Travel Management Companies may have engineered a solution for the hotel billbacks problem that has long blighted the TMC and hotel sectors. The guild first brought hoteliers, [...]