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MasterCard appoints new chief payment system integrity officer By BBR Staff Writer
MasterCard Worldwide has selected Nancy O’Malley, as chief payment system integrity officer, effective 29 May 2012, who will report to Noah Hanft, MasterCard general counsel and chief franchise integrity officer.
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Chase to debut reloadable card By BBR Staff Writer
Chase, the US consumer and commercial banking business of JPMorgan Chase & Co, will launch a reloadable card called Chase Liquid, which can be refilled with cash or checks at Chase’s 10,500 DepositFriendly ATMs and 5,500 branches across the US.
Banking Services > Cards > News Bank of America presents suite of travel rewards credit cards By BBR Staff Writer
Bank of America (BOA) has unveiled a suite of three new travel rewards credit cards, enabling consumers and small businesses to use points to pay for a variety of travel expenses, such as flights, hotels, vacation packages, cruises and rental cars among others.
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First BanCorp to acquire FirstBank’s credit card portfolio
08 May 2012 | By BBR Staff Writer
First BanCorp has inked a definitive agreement with FIA Card Services to acquire the FirstBank-branded credit card portfolio of nearly $400m.
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Webster Bank, Elan Financial team up for new credit card program
08 May 2012 | By BBR Staff Writer
Elan Financial Services (Elan) and Webster Bank have set up a strategic partnership to offer an array of Webster Bank Visa credit cards to consumers.
Banking Services > Cards > News
RBC, Visa presents virtual debit card
04 May 2012 | By BBR Staff Writer
Royal Bank of Canada has introduced RBC Virtual Visa Debit in collaboration with Visa, which will allow users to pay online, over the phone, or mail order purchases with funds directly from their bank account.
Banking Services > Cards > News
Visa Q2 net income surges
03 May 2012 | By BBR Staff Writer
Visa has reported a net income of $1.29bn for the fiscal second quarter ended 31 March 2012 , compared to $881m for the same period in 2011.
Banking Services > Cards > News
MasterCard Q1 net income up by 21%
03 May 2012 | By BBR Staff Writer
US card services provider MasterCard has reported that its net income for the first quarter of 2012 surged by 21% to $682m versus $$562m during the same period in 2011.
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Silicon Valley Bank presents multi card from MasterCard
02 May 2012 | By BBR Staff Writer
Silicon Valley Bank, a financial services provider in the US has rolled out a new corporate card program which integrates purchasing and corporate travel-and-entertainment credit card functions, enabling them to manage their corporate spending.
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First Data buys remaining 30% stake in OmniPay
01 May 2012 | By BBR Staff Writer
First Data has acquired the remaining 30% equity stake in card and electronic payment processing services provider OmniPay from FEXCO.
Banking Services > Cards > News
Western Union, Neighborhood to offer prepaid card program in US
30 April 2012 | By BBR Staff Writer
The Western Union Company and Neighborhood Pay Services (NPS) have teamed up to provide Western Union Prepaid MasterCard products to across the US.
Banking Services > Cards > News
TSYS, Huntington Bancshares sign payment deal
26 April 2012 | By BBR Staff Writer
US based credit card processor TSYS has inked a payment deal with Huntington Bancshares to develop a platform for the bank’s new line of credit card products.
Banking Services > Cards > News
American Express Q1 net income jumps to $1.3bn
20 April 2012 | By BBR Staff Writer
American Express has reported a 7% increase in first quarter of 2012 net income to $1.3bn from $1.2bn during the same quarter a year ago.
Banking Services > Cards > News
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