MasterCard Cardholders Reload Prepaid Cards at U.S. Walmart Stores via Green Dot Network

MasterCard and Green Dot announced an expanded relationship that allows all U.S. cardholders with MasterCard ® rePower™-enabled prepaid cards to reload their cards via the Walmart Rapid Reload™ service. Walmart Rapid Reload utilizes the Green Dot® Network to provide cardholders with a fast and easy way to load funds directly to their cards by swiping

U.S. Bank and American Express Announce Card-Issuing Agreement

U.S. Bank and American Express announced that U.S. Bank will offer credit cards accepted on the American Express network in 2014. “We actively listen to our customers and are focused on delivering the right financial solutions that best meet their needs,” said Pam Joseph, Vice Chairman of U.S. Bank. “We believe that the American Express

Prepaid International Forum Announces Launch of Middle East Chapter

International not-for-profit trade association Prepaid International Forum (PIF) has announced that the official launch meeting of its Middle East Chapter will take place in November in Dubai and that founder members of the new chapter include Visa, Al Rajhi Bank and The Saudi Investment Bank. Dr Saleh I. Al-Furaih, Head of Consumer Asset Business at

Diebold Introduces Cash Recycling ATMs To UniCredit’s Fleet

Diebold, Incorporated is adding cash recycling capabilities to the automated teller machine (ATM) fleet of UniCredit Banca, part of UniCredit Group, one of Europe’s leading commercial banks operating in 20 countries. A three-year hardware and maintenance services agreement will add approximately 970 Diebold Opteva® ATMs across UniCredit’s network. More than half of the terminals will

First Data, Oberthur Technologies Sign Strategic Technology Partnership

First Data Corporation and Oberthur Technologies announced a strategic partnership to manage and promote EMV in the United States. First Data is a global leader in electronic commerce and payment processing. Oberthur Technologies is one of the world’s largest providers of security and identification solutions and services based on smart card technologies. The partnership will

UKFraud’s Mobile Payment SIG Urges Greater Collaboration

Leading corporate risk prevention consultancy and analyst UKFraud has released an interim update on their on-going research and market analysis of mobile payments and related mobile initiatives. The findings follow an earlier warning to stakeholders about a ‘cocktail of emerging risks’ as a consequence of rapid growth in the global mobile payments market. Key findings

Identive Plans to Dispose of Non-Core Businesses

Identive  announces that its Board of Directors has approved the sale of non-core businesses as part of a plan to simplify the company’s organizational architecture and enhance its focus on high-growth products and markets. Within the next few months, the company expects to execute agreements to sell its Multicard U.S. business as well as the

Orange and Visa Europe Join Forces to Launch Orange Cash

Visa Europe and Orange have announced a strategic partnership that reflects the companies’ shared ambition to accelerate awareness and everyday usage of mobile contactless payment in France. The initial step to deliver widespread availability of the innovative payments will be the launch of Orange Cash. The first prepaid product of its type to be launched