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Study: the High Cost of Credit Card Convenience (Convenience Store News) - WASHINGTON -- A report by Chicago-based Diamond Management and Technology Consultants Inc. found that the cost of interchange fees assessed by credit card companies does not add up to the benefits it provides.. iPayment Inc. posts Q3 loss (bizjournals.com via Yahoo! Finance) - Credit-card processing company iPayment Inc. posted a loss in the third quarter compared to the same period a year ago, but revenues increased.. CardEx and Pemco Sign Agreements with Eight Credit Unions to Offer Prepaid Debit Cards (Business Wire via Yahoo! Finance) - IRVINE, Calif. & SEATTLE----Card Express, Inc. , a global leader in prepaid debit card processing and services, and Pemco Technologies, a leading provider of innovative payment solutions, announced today that eight of Pemco's credit union customers have signed agreements to offer CardEx's instant issue gift cards to their members.. Higher transaction fees help Payment Data reduce loss for third quarter (BizJournals) - Ever increasing volumes of credit-card processing fees is helping Payment Data Systems Inc. to raise revenues and further cut its net losses as it works to achieve profitability.. Metavante and Yodlee ink bill pay deal (Computer Business Review) - Metavante and Yodlee have entered into a reciprocal agreement that will add Yodlees proprietary credit and debit card payment functionality to Metavante electronic bill payment, and integrates Yodlee solutions with Metavantes electronic bill payment processing capabilities.. Server delivers real-time billing control. (ThomasNet) - SIP based IVR, media, and real-time billing server, Talking SIP v3.1, is comprised of signaling, media processing, and application scripting components that serve as foundation for applications that capitalize on broadband connectivity. Along with international and web callback support, solution comes with multi-leg billing engine, open XML interface for credit card processing, and . Nixu audits Data Security Standard requirement in Middle East to prevent credit card fraud (AME Info) - Nixu, a leading Finnish provider of information security and network systems, has started the audits of a new Data Security Standard (DSS) requirement for the Payment Card Industry (PCI) in the Middle East.. First Atlantic Commerce Offers 'Partner Protection' for Qualifying Agents and Leading Offshore Credit Card Payment (CNW Group via Yahoo! Finance) - First Atlantic Commerce Ltd. is offering referral partners protection from losing merchants, immediate income with upfront sign-on bonuses for every new merchant following bank approval, and lifetime, profit-building residuals in multiple currencies.. Credit card fraud case causes losses (The Muskegon Chronicle) - Thousands of West Michigan residents have had their credit or debit cards potentially "compromised" -- and swiftly canceled -- in recent weeks because of a still-undescribed fraud involving theft of card numbers.. Big Credit Cards Need to Change Practices, Says New Report (Progressive Grocer) - NOVEMBER 14, 2006 -- WASHINGTON, D.C. - Backed by findings of a new report, the Merchants Payments Coalition (MPC) said "merchants get nothing" out of programs that constitute nearly half of the $30.7 billion in credit and debit card interchange fees that Visa and MasterCard collect annually in the United States..