Monday, Online Resources Corporation, a leading provider of online financial services, and CO-OP Financial Services, US largest credit union service organization, announced the set up a reseller agreement for Internet banking, bill payment and other online services under the... (Continue reading)
The top executive at Heartland Payment Systems Inc. last week called on credit card vendors, payment processors and retailers to embrace an encryption standard that would protect credit and debit card numbers. Robert Carr, Heartland’s chairman and CEO, told... (Continue reading)
A known provider of online payment data security applications ProPay Inc. has announced the launch of new shopping carts allowing the retailers to keep information on their customer’s payment accounts outside their own infrastructure. According to developers the new... (Continue reading)
Global provider of MFS (mobile financial services) infrastructure and fully-integrated mobile NFC payments/secure transaction capabilities, Tyfone announced Monday it get awarded a second patent, US 7,581,678 “Electronic Transaction Card.”, for its innovations in smart card-based electronic wallet technology.With its... (Continue reading)
Monday, Elavon, a wholly owned subsidiary of US Bancorp and a leading global payments provider and Santander, one of the strongest and best capitalized banks globally, announce they set up collaboration for implementing new merchant services in the UK.... (Continue reading)
Royal Bank of Scotland is considering selling as much as 4 billion pounds ($6.5 billion) of shares to existing investors in a move that would reduce the overall stake handed to the government under its asset-protection scheme, according to... (Continue reading)
Credit Suisse has continued to attract talented staff despite the crisis and has cash to spare for possible acquisitions, the Swiss bank’s chief executive was quoted as saying by a Swiss newspaper on Sunday. Despite posting big net losses... (Continue reading)
The Federal Reserve is creating a proposal which would regulate the amount that banks pay. This proposal would not only apply to top executives but also traders, loan officers and other employees. The rules will not be ready for... (Continue reading)
As it became known from the Independent on Sunday newspaper, senior management at Cazenove and JPMorgan are to reach an agreement, concerning a price for Cazenove’s share of their J. P. Morgan Cazenove joint venture by the end of... (Continue reading)
Early morning on Friday in Asia, the Japanese unit firmed, hitting a 2-day high against the British pound as a fall in most Asian stocks impacted investors to seek the safety of the Japanese yen. The yen also revealed... (Continue reading)