Credit Cards News
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Barclaycard to introduce contactless debit cards
7 Jan 2009
source:
moneynews.co.uk
Wed 7th Jan 2009 Barclaycard has announced that from March 2009 most of the debit cards they issue or reissue will feature their contactless technology as standard. According to the card provider's calculations, more than three million people could be using its contactless technology by the end of the year. The technology aims to make card payments quicker and easier by enabling card us ... |
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BRIEF-MasterCard announces organizational changes
6 Jan 2009
source:
iii.co.uk
Jan 6 (Reuters) - MasterCard Inc: ANNOUNCES ORGANIZATIONAL CHANGES SAYS WILL COMBINE GLOBAL CUSTOMER ACCOUNTS WITH REGIONS WHERE THEY ARE headquartered SAYS GLOBAL ACCOUNTS WILL BE MANAGED BY HOSTING REGION WITH DEDICATED ACCOUNT resources around the world SAYS IN US, ESTABLISHED EXPANDED BUSINESS UNIT THAT ENCOMPASSES ITS US-BASED global accounts along with its US reg ... |
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UPDATE 2-MasterCard acquires software provider Orbiscom
5 Jan 2009
source:
iii.co.uk
NEW YORK, Jan 5 (Reuters) - Credit card network MasterCard Inc said on Monday it has acquired software provider Orbiscom Ltd for $100 million to enhance its payments processing system. Part of the purchase price for Dublin-based Orbiscom -- owned by European private equity investor HgCapital -- is contingent on the future performance of the business, MasterCard said. The deal was b ... |
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UPDATE 1-MasterCard acquires Orbiscom for around $100 mln
5 Jan 2009
source:
iii.co.uk
NEW YORK, Jan 5 (Reuters) - MasterCard Inc, the world's second-largest credit card network, said on Monday it acquired software provider Orbiscom Ltd for about $100 million. MasterCard said part of the purchase price of Dublin-based Orbiscom was contingent upon the future performance of the business. The firm said the acquisition added to the existing partnership that created Maste ... |
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Credit card balance shifting to hit £7bn
1 Jan 2009
source:
financemarkets.co.uk
UK credit card holders will transfer over £7 billion between cards in the New Year to take advantage of introductory interest rate offers. Research by Abbey found that 3 million Brits will take part in the great credit card shuffle, with a higher proportion of Scots and Northerners taking part. According to Abbey, ’shifting the Christmas pounds’ has become a yearly tradition for many Brits seeking to put their finances in order for the New Year. Card shufflers will transfer an ave ... |
