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European citizens and businesses should be able to use the electronic identification system of their home state to access online public services in other EU member states. With this objective [...]

When the Federal Reserve's new regulations on interchange fees take effect this month, limiting how much issuing banks can charge merchants for accepting debit card transactions, small businesses will be [...]

A bipartisan pair of House lawmakers unveiled legislation Wednesday to repeal a contentious law that limits the fees that banks charge retailers for processing debit card payments. Utah Republican Jason [...]

The Federal Reserve approved a rule Wednesday that puts new restrictions on the fees that banks charge retailers for accepting debit cards: The final regulations are not as onerous as [...]

VSoft Corp., a global information and technology provider of process improvement solutions for financial institutions, announced a partnership with Toronto-based Paystation Inc., a provider of payment processing solutions. Paystation said [...]

Global Banking News-February 16, 2011--Citi CEO says new regulations could deny banking services to poor(C)2011 ENPublishing - http://www.enpublishing.co.uk Global Banking News - 16 February 2011 According to the CEO of [...]

Byline: Andrew Johnson The Federal Reserve Board's still-unwritten debit-interchange rules and new restrictions on network-exclusivity agreements could help First Data Corp.'s business, executives at the transaction processor predicted Nov. 4. [...]

Byline: Andrew Johnson The Federal Reserve Board's still-unwritten debit-interchange rules and new restrictions on network-exclusivity agreements could help First Data Corp.'s business, executives at the transaction processor predicted Nov. 4. [...]

What was once a time-consuming and error-prone task for collections professionals at Wood Law is now a fully-automated process. Instead of entering card payments all day and performing batch card [...]

Byline: Ed McKinley Merchant Warehouse Inc., a Boston-based independent sales organization that offers software designed to help small retailers find the lowest-cost processing for card transactions, could benefit from Congress' [...]

Byline: Kevin Woodward An amendment that would give the Federal Reserve Board authority to control debit card interchange rates could have a 'neutral to slightly positive' impact on First Data [...]

Byline: Kevin Woodward An amendment that would give the Federal Reserve Board authority to control debit card interchange rates could have a 'neutral to slightly positive' impact on First Data [...]

According to Litle & Co., a leading provider of strategic payment processing solutions for card-not-present merchants, payment processing is an often overlooked source of revenue creation and marketing intelligence, two [...]

Canadian retailers have assured the country's Privacy Commissioner in written statements that they expect the industry will comply with a law requiring merchants to mask complete credit card account numbers [...]

The U.S. House of Representatives Tuesday passed legislation prohibiting the processing of transactions used for online gambling. It is the third time in 10 years that one of the houses [...]

The Federal Trade Commission announced last week the permanent ban of Jeffrey A. Ullman from involvement in commerce related to stored value cards or credit-related goods and services. Ullman and [...]

The United Kingdom's Office of Fair Trading, the government consumer protection agency, today issued a preliminary ruling against Visa's member banks, saying that the interchange fees banks charge to process [...]

In a second rule change announced yesterday by Visa USA, when a consumer chooses Visa as the payment option from an online merchant's Web site, the merchant must process the [...]

Visa USA yesterday began notifying members of a rule change related to the processing of Visa transactions ffective May 15, all Visa authorization requests and clearing and settlement records representing [...]

The Federal Reserve Board on October 28, 2004, announced the publication of two new consumer guides that provide practical information on the changes resulting from technological advances in check processing. [...]

The U. S. Patent and Trademark Office is dropping acceptance of credit card payments to replenish deposit accounts after a two-month study showed agency officials could save $2 million annually [...]

The Federal Reserve Board Tuesday said it is seeking comment on procedures allowing consumers to opt out of lists compiled for prescreened solicitations from card issuers and other credit grantors. [...]

The Arab Banks Union announced it would hold a colloquy in Morocco in April on payment of credit card techniques. The meeting will tackle the protection of credit card-affected payments [...]

In the wake of the Sept. 11 terrorist attacks, Americans are overwhelmingly in support of giving the federal government and law-enforcement agencies access to consumers' confidential files, including credit and [...]

Los Angeles County's tax-collection office is violating Visa U.S.A.'s operating rules by charging property owners a sliding-scale convenience fee to use their Visa cards to pay their property taxes, Armen [...]

The U.S. House of Representatives earlier this week named six Republicans and four Democrats from the Judiciary Committee as conferees to negotiate a compromise concerning card industry-backed bankruptcy-reform legislation. Judiciary [...]

The Federal Reserve Board on May 18, 2000, published proposed amendments to Regulation Z (Truth in Lending) revising the disclosure requirements for credit and charge card solicitations. Comments are requested [...]

In credit card transactions, merchants can require customers to provide a form of identification to ensure that the customer is, in fact, the credit cardholder. State law, however, may restrict [...]

The telecom industry's churn rates increased by 7 percent to 8 percent, thus making the telecom operators view the billing complaints lodged by consumers. To ensure customer retention and review […]

The Senate extended for one year Customs user fees to fund port security measures. The two fees are the merchandise processing and passenger conveyance fees. The amendment passed by the [...]

The American Payroll Association's Automated Clearing House Committee and the Government Affairs Task Force Paycard Subcommittee will be reaching out to educate federal and state legislators and regulators on the [...]

The Federal Reserve Board announced that as of June 26, banks previously receiving check processing services from the Federal Reserve Bank of Richmond's Charleston office will be reassigned to the [...]