Loyola University in Chicago has selected the CS Gold campus card solution provided by Ithaca, N.Y.-based CBORD to replace its current card system. The university will use CS Gold to manage card-based purchasing, privileges, online account management and more for its 15,670-student campus. Loyola is one of several new accounts CBORD has signed up in […]

While Home Depot and its 1,974 stores is preparing to roll out a contactless payment infrastructure, another major electronics retailer, Best Buy, may be abandoning the technology, according to Storefront Backtalk’s online newsletter. Home Depot is expected to start distributing in about a month more than 20,000 Ingenico contactless readers to its 2,200 stores with […]

O2, a UK provider of mobile and broadband services, says it is ready to go with NFC but is waiting on support from retailers and handset manufacturers. O2 began piloting NFC in 2007 with customers using a Nokia phone and backing from Barclays bank. According to Mobile News, O2 is now in discussions with large […]

PNC Bank, Pittsburgh, has launched the Virtual Wallet Student, a visual and interactive online banking solution that helps students better manage their money and avoid costly mistakes and fees. The wallet can also provide e-mail alerts to parents and includes a “send money” feature. It also comes with a calendar and gives students the ability […]

Interac Association, Canada’s payment network, has launched a partnership with chip maker INSIDE Contactless to develop chips containing specifications for Interac’s contactless payment service that will enable its members to offer a card-based payments solution for small ticket purchases. As Frost & Sullivan industry analyst Shyam Krishnan explained it: “The small-ticket purchase segment in Canada, […]

Financial markets magazine Euromoney has named U.S. Bancorp as the “Best Bank in the U.S.” as part of the publication’s 2009 Awards for Excellence. The honor was presented the Minneapolis, Minn.-based bank in London last week. The publication cited U.S. Bancorp’s performance during the roller coaster economy and noted that the bank “has been seen […]

A former executive with Transport for London, which developed the city’s Oyster transit card, has been nominated by New York Gov. David Paterson to run the city’s Metropolitan Transportation Authority. The appointment of 48-year-old Jay Walder as MTA’s chairman and CEO, must be approved by the state New York State Senate. Currently a partner with […]

Starting Aug. 3, all returning Milwaukee Area Technical College students will need to get new student ID cards because the school has brought in a new banking partner, U.S. Bank. The new cards will also be used to pay for parking at the Downtown Milwaukee Campus. There will be no additional cost to students for […]

The number of off-campus merchants that can accept Washington State University’s CougarCard loaded with Cougar Cash has dropped from 32 to 10. But the school is offering a new CougarCard Maxx that includes Visa debit functionality, making the card usable worldwide. Students, however, will have to have a U.S. Bank account to take advantage of […]

Connecticut has joined several other states that are seeking to restrict or forbid credit card marketing activities on campus. Gov. M. Jodi Rell signed legislation that sets strict parameters for credit card companies as to when, where and how they can market to students. The law also orders the Board of Governors of Higher Education […]