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/ E-Retailers
GiftCertificates.com names a new CEO
GiftCertificates.com has appointed Gary Krow, former president of payment processor Comdata, chief executive officer.
Posted 08/25/2008Katie DeatschPost a comment
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/ Technology
Visa is the top payment brand online, but Bill Me Later users spend more
Online shoppers pay most often with Visa, but those who pay with Bill Me Later or American Express are more likely to be big spenders, according to JupiterResearch.
Posted 09/25/2007Don DavisPost a comment
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/ Technology
AmEx holiday promotion rewards cardholders for making online purchases
American Express Co. is offering cardholders enrolled in its Membership Rewards program triple points when making holiday purchases at its online Bonus Points Mall.
Posted 11/22/2006Mark BrohanPost a comment
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/ Technology
Ric Duques returns as CEO of First Data as Fote retires
Former First Data Corp. CEO Henry C. (Ric) Duques has returned to take the top spot at the credit card processing company, replacing the retiring Charles T. Fote, First Data said.
Posted 12/19/2005Paul DemeryPost a comment
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/ Technology
Visa extends until Jan. 31 its plans to cut ties with processor CardSystems
Visa U.S.A. is delaying termination of its relationship with CardSystems Solutions Inc. until Jan. 31 to ease the way for CyberSource Corp.’s planned acquisition of the troubled card processor’s assets.
Posted 09/30/2005Kurt PetersPost a comment
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/ Technology
CyberSource plans to enter card processing through purchase of CardSystems
CyberSource Corp. today announced plans to buy the assets of CardSystems Solutions Inc., the embattled payment processor that lost its right to process Visa U.S.A. and American Express Co. transactions after a security breach.
Posted 09/23/2005Kurt PetersPost a comment
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/ Technology
Hacked card processor could fold if Visa, AmEx cut ties, CEO tells Congress
Embattled CardSystems Solutions may be forced to go out of business if Visa U.S.A. and American Express Co. don’t reconsider their decisions to cut ties with the processor, John M. Perry, president and CEO, told Congress.
Posted 07/25/2005Kurt PetersPost a comment
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/ Technology
Hacked card processor asks Visa and AmEx to reconsider decision to cut ties
CardSystems Solutions Inc. is asking Visa U.S.A. and American Express Co. to reconsider decisions to cut their ties with the processor, whose lax security enabled a hacker to gain access to data for 40 million cardholder accounts.
Posted 07/21/2005Kurt PetersPost a comment
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/ Technology
American Express, Amazon offer fee break to sell online
Credit cards, the most common means of buying things online, now are being used to lure merchants to sell online. American Express and Amazon are offering merchants a three-month run selling over Amazon.com sans the subscription fee.
Posted 07/30/2004Kurt PetersPost a comment
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/ Technology
The Internet is a new frontier for retail card issuers, says new report
Retailers are ignoring the Internet in the battle for market share of credit cards, says a new report from FiSite Research. A benefit of allowing cardholders to manage their accounts online is the opportunity to influence sales, the report says.
Posted 07/29/2003Kurt PetersPost a comment
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