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Apple has apparently told carriers NFC isn't ready yet, but market chatter suggests plans are advanced.
Facebook Inc. has established a wholly owned subsidiary called Facebook Payments Inc.
Bankers and other financial executives continued their pressure to delay pending restrictions on debit interchange.
Verifone posted a video showing how to turn a mobile payment device into an illegal skimming unit. VeriFone did this to at attack Square
authorize and settle in multiple currencies expands Merchant’s market around the globe www.mauritiuspayment.com
On Thursday, the Treasury Department launched a pilot program to deliver income-tax refunds through prepaid debit cards.
The US Treasury will stop check payments and move to electronic direct deposits from May 2011
The US Treasury will stop check payments and move to electronic direct deposits from May 2011 reports @FinExtra http://bit.ly/hAoK5s ^JS
Paypal moving into the face to face transactions market
ISOs, Resellers & agents of Heartland Payment Systems reporting no residual payout from heartland.
Bain and Advent Plan to Acquire RBS WorldPay http://www.americanbanker.com/bulletins/-1023721-1.html
AT&T, Verizon to Target Visa, MasterCard With Smartphones. http://alturl.com/gexyg
Financial reform bill gives the Federal Reserve the power to cap interchange rates on debit card purchases
Senate committee approved an amendment to remove a provision that would limit credit card interchange rates on government transactions.
VISA & MasterCard Data: Q1 2010 dollar volumes on VISA and MasterCard credit cards increased 3.41% and declined 2.65% respectively,
IRS said, it has the authority to attach levies to processors' reserve accounts.
Aug. 2, 2010, the Fed's rules for the new FedACH SameDay Service will go into effect.
First Data having hard time paying its debt.First Data has forced out key executives in order to lower costs
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