October 30, 2007: 08:15 AM EST
DALLAS, Oct. 30 /PRNewswire-FirstCall/ — Affiliated Computer Services, Inc. today announced that it is supporting the Commonwealth of Pennsylvania in expanding the state’s use of electronic payment cards (EPC) as a vehicle for the distribution of program benefits. Cash benefits distributed to Pennsylvania citizens by means […]

continue reading.....

Average Amount Loaded to Cards Increases by 32 Percent over the Past Three Years
 
BRENTWOOD, Tenn.–(BUSINESS WIRE)–Gift cards are not only the gift of choice for holidays and special occasions, but a recent […]

continue reading.....

October 30, 2007 at 11:35 pm by Banking Unwired Online banking is in a precarious position these days. The Web-based, rich internet application revolution of Web 2.0 is here to stay, while online banking remains stuck in decade-old technology. It lags far behind even more traditional mainstream Web applications in interaction design, speed, ease of […]

continue reading.....

Enhanced security for customers when using their debit cards 31 Oct 2007
Citibank Zrt. Hungary’s customers can now enjoy more security with their debit cards as the result of introducing the MasterCard Photo Embossed Debit Card, featuring the photo of the cardholder.
Inclusion of the photo on the embossed debit card makes this product unique on the […]

continue reading.....

Wednesday October 31, 9:00 am ET

Now Available at Grocery Stores Nationwide
SAN JOSE, Calif.–(BUSINESS WIRE)–Just in time for the holiday gift-giving season, eBay™ (NASDAQ:EBAY - News) Gift Cards will be available to consumers nationwide, according to an announcement today from eBay.com.The […]

continue reading.....

Americans have record credit-card debt and banks are starting to sweat an uptick in default rates, reports Fortune’s Peter Gumbel. Why some fear this could be the next subprime.

By Peter Gumbel, Fortune
October 30 2007: 1:15 PM EDT
(Fortune Magazine) — This past summer’s subprime meltdown involved about $900 billion in now-suspect securitized debt, reckless lending, and […]

continue reading.....

Leading Online Comparison Shopping Site Offers Brand Name Gift Cards from One Convenient Destination

 
BRISBANE, Calif.–(BUSINESS WIRE)–Easy yet thoughtful holiday shopping is in the cards – gift cards, that is – beginning this […]

continue reading.....

NEW RESEARCH REPORT BY MERCATOR ADVISORY GROUP

This report evaluates the recent emergence of this new and possibly disruptive technology in the financial services industry, decoupled debit.
Decoupled debit is an alternative based ACH debit card solution that utilizes two existing systems that are well defined in the financial services industry but were not designed to work […]

continue reading.....

The first national bank credit card brand returns to usher in a new era of rewards and services for its customersWILMINGTON, Del., Oct. 16 /PRNewswire/ — Bank of America today announced the re-launch of the BankAmericard, which revolutionized consumer credit nearly 50 years ago. The original BankAmericard credit card, the first nationally accepted bank credit […]

continue reading.....

By Meghan BoyerATM&Debit News
The Treasury Department has received applications from 15 financial institutions interested in providing nationwide debit card services to unbanked recipients of Social Security and other federal benefits.
The Treasury’s goal is to reduce the number of checks disbursed by promoting direct deposit and by increasing the number of electronic funds transfers to unbanked […]

continue reading.....