cardholder

MasterCard Worldwide in association with Yapta.com, a provider of airfare tracking, launched a new price assurance program for MasterCard U.S. consumer and small business cardholders who book flights directly with eligible airlines.

A global payment service provider WorldPay is partnering with RSA, The Security Division of EMC dealing, to support the cardholder verification processes in the US and UK when RSA provides RSA® Adaptive Authentication for eCommerce authentication services for major card associations.

As part of RSA’s ecommerce security services, RSA now incorporates the WorldPay Risk Guardian platform, one of the leading ecommerce platforms in the industry, to help it process card owner verification checks.

Visa has upgraded its Authorize.Net Developer Center, a resource for independent developers to create applications supporting electronic payments and related services for major payment networks including VisaNet. The Developer Center is based on Authorize.Net’s existing platform, which Visa acquired as part of the purchase of CyberSource earlier this year.

According to the results of the study commissioned by PULSE financial institutions implement new tactics to attract more debit card users. 72% of issuers consider improving the performance of their debit portfolios by increasing penetration, activation and usage as a top priority this year. The key tactics on the agenda is the deployment of instant issuance technology.

With instant issuance, cardholders receive a debit card at the branch as part of the process of opening a demand deposit account, rather than receiving their card in the mail.

Discover Financial Services has struck an agreement with Serbian payment network DinaCard to allow DinaCard cardholders to use the Discover, Diners Club International and PULSE networks for international purchases and cash access outside of Serbia by the end of 2010.

MasterCard is partnering with Resorts World Sentosa to make MasterCard the “Preferred Card” at the integrated resort. The partnership will result in a portfolio of cardholder usage incentives, seasonal marketing programs and merchant offers.

MasterCard Worldwide has introduced a number of enhancements to its Worldwide Network which are meant to allow partnering financial institutions and merchants to improve the shopping experience for cardholders; identify new business opportunities; and improve operational efficiencies.

Visa reported that it added more companies to its Visa SavingsEdge initiative. Visa’s small business savings program was joined by Staples, Orbitz, USA TODAY, La Quinta Inns & Suites and Box.net. Cardholders of participating issuers can participate in the program by registering their card at: http://www.visasavingsedge.com.

Better Business Bureau have partnered with Capital One Financial Corp. for a new set of free resources to help customers better manage their credit. The new initiative called "Managing Credit – Made Simpler" (www.bbb.org/credit-management/) takes into consideration different needs of different cardholders with the focus made on customers who are new to credit.

Managing Credit – Made Simpler provides targeted advice for:

Wells Fargo Visa credit cardholders can now enable an alert service to prevent fraudulent transactions and better manage their spending.

A new service launched by Wells Fargo in association with Visa is known as Rapid Alerts. It s based on Visa’s transaction alerts platform. Alerts are sent on behalf of Wells Fargo directly from VisaNet, Visa’s global processing network, typically within seconds of a transaction occurring.

Visa Inc. has lunched a new premium travel offering called Visa Signature Luxury Hotel Collection (VSLHC) to provide its cardholders with benefits of selecting from a group of prestigious properties throughout the world.

Visa Signature cardholders can now book accommodations at luxury properties across the globe from celebrated hotels and resorts to new boutique gems.

As the new credit card legislation comes into effect starting February 22, the Federal Reserve has created a new website that helps consumers better understand the protections provided under the new law.

On the website consumers will find a collection of main points of the rules along with explanations on how these rules affect cardholders. By means of two interactive features on the website users will learn more about the terms and fees of credit card offers as well as new features introduced to their monthly statements.

In a move to enable cardholders to select certain terms, rewards preference and card design Discover Financial Services has introduced a new online service CardBuilder. CardBuilder provides prospective cardmembers with the ability to design a card based on how they want to use their Discover card.

 In times of economic hardship people often loose their income and get behind on credit card payments. Fortunately, bankruptcy is not the only way out. Many lenders, including Discover, American Express, Bank of America, Chase, Capital One, Citi, HSBC, and GE Money offer credit card hardship programs for individuals and families suffering from financial stress.

 Just in time for the peak holiday shopping season, American Express is making holiday shopping a more rewarding experience for Charge Cardmembers enrolled in the Membership Rewards program by offering generous bonus Membership Rewards promotions for online shopping. From Black Friday (November 27th) through Cyber Monday (November 30th), American Express is exclusively offering to eligible Charge Cardmembers triple Membership Rewards points on every purchase, up to $5,000, made on Amazon.com, which offers a large selection of great gifts for the holidays.