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credit cards

iran-central-bank

Iran to introduce credit cards for the first time

26/09/2016(0)
The Central Bank of Iran allowed the country’s financial institutions to issue credit cards for the first time in Iran’s history, however the cards are unlikely to be issued ... Read More
visa-contactless

Use of contactless payments in UK overtakes cheques in 2016

02/09/2016(0)
For the first time, Brits are more likely to make a payment using a contactless card than a cheque book.New research from Mintel reveals that cheques have been used by less ... Read More
wallet-money

Coda Payments raises $2M to enable alternative online payments in Asia

25/08/2016(0)
Relying on credit cards doesn’t work in Southeast Asia, where less than 10 percent of the 600 million population are estimated to own plastic. That makes alternative payments, like ... Read More
Close up 3D illustration of paneled golden Bitcoins

Visa Europe Partners for Bitcoin Micropayments Trial

27/07/2016(0)
Bitcoin micropayments startup SatoshiPay is developing a new proof-of-concept with Visa Europe’s innovation unit. Work on the project was first disclosed earlier this year, when Visa Europe Collab said that ... Read More
mastercard-debit-credit-cards-bl

MasterCard faces £19bn lawsuit over inflated card charges;the biggest in UK legal history

07/07/2016(0)
Priceless? Not this time. MasterCard is facing a £19 billion lawsuit – the biggest in UK legal history – in a collective action over card charges that were passed on to ... Read More
Costco

Citi Reaches Deal for American Express’s Costco Credit Card Portfolio

01/03/2016(0)
Deal comes after AmEx and Costco said last year they were ending their 16-year relationship Citigroup Inc. reached a deal to buy Costco Wholesale Corp.’s co-branded credit-card portfolio from American Express Co. Financial terms weren’t ... Read More
mastercard-debit-credit-cards-bl

Biggest MasterCard Issuers Scuttled Deal on Target Data Breach

03/06/2015(0)
Citigroup, Capital One and J.P. Morgan Chase vetoed MasterCard’s deal with Target over hacked credit-card data Citigroup Inc., Capital One Financial Corp. and J.P. Morgan Chase & Co. rejected a $19 million pact backed by MasterCard Inc. last ... Read More
visa image 2

Consumers replace cash with credit cards

25/07/2014(0)
Visa reports 5% increase in third quarter revenue to $3.16 billion over the prior -year period. Company’s Net income came in at $1.4 billion that resulted in a per-share ... Read More
nfa log

NFA’s Board approves prohibition of credit cards to fund retail forex accounts

24/06/2014(0)
National Futures Association (NFA) announced that its Board approved a ban on the use of credit cards to fund retail forex and futures accounts. This prohibition is subject to ... Read More
FCA_regulator

FCA announces competition review into credit cards

03/04/2014(0)
The Financial Conduct Authority (FCA) today confirmed its intention to undertake a competition review into the UK’s £150bn credit card market at the end of this year. Speaking at ... Read More
Broker Cyprus TopFX