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American Banker - On Focus and In Depth

Saturday, November 7, 2009, as of 09:53 AM EDT

Cards/Payments

Oberthur Launches Light-up Card

American Banker |  Nov 06

Oberthur Technologies has developed a translucent contactless payment card that lights up when it is used, giving consumers instant feedback when the cards are ...

Optimal to Pay U.S. Over Web Gambling

CardLine |  Nov 06

Processing illegal online gambling transactions between 2004 and 2006 will cost Optimal Group $19.2 million, the U.S. Attorney for the Southern District of New York announced ...

Western Union Starts Online Visa Gift Cards

CardLine |  Nov 06

Western Union Co. is offering an online system that enables consumers to send Visa-branded gift cards by mail.

Portfolio Recovery Posts Lower Income

CardLine |  Nov 06

Income fell sharply in the third quarter for Portfolio Recovery Associates Inc., a debt purchaser that buys and collects delinquent credit card portfolios.

PayPal Aims to Draw Developers

American Banker |  Nov 06

PayPal Inc. has made several changes to its payments system aimed at making it easier for software developers to devise new ways to hook into its network.

Prosper an Option for Vehicle Financing

American Banker |  Nov 06

The online person-to-person lending company Prosper Marketplace Inc. is now an option for vehicle financing.

Special Report

Future of Payments

Amex and Discover have been gaining traction at merchant registers by tapping acquirers to bundle the acceptance of their cards with Visa and MasterCard products.

Cards & Payments Resources

Viewpoint

Debit Rewards a Boon for Banks

Scott Grimes, founder and CEO of Atlanta-based CardlyticsTransaction-based debit rewards that are merchant-funded will probably be the reward system of choice because it increases banks' revenue without requiring them to fund the rewards.

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