Austin-based Mozido has ankled R. Todd Bradley as the company chief executive officer effective immediately. Bradley joins Mozido from TIBCO Software where he served as president of the Silicon Valley business software concern since June 2014.
San Francisco-based Snapcard, Bitcoin wallet & bitcoin payment processor, has teamed with UniPAY, an e-wallet company and payment service provider based in the country of Georgia.
Western Union reported Consumer-to-Consumer (C2C) constant currency third quarter revenues increased 3%, while reported revenues declined 3%. Consumer-to-Business (C2B) revenues grew 6% in the quarter, or 10% constant currency, driven by the Argentina walk-in and the U.S. electronic bill payments businesses.
Monet, the largest mPOS (Mobile POS) service provider in Pakistan, and China’s UnionPay jointly announced the launch of a mPOS acquiring service in Pakistan. The UnionPay mPOS solution is to be launched at fast food restaurants, express companies and in hospitals and on taxies.
MasterCard will kick off its Masters of Code competition via a London hackathon on November 14-15. London is the last of 12 global hackathons with 3,000 of the world’s best developers battling for USD 100,000 worth of prize money if they can come up with an innovation that uses MasterCard’s payments platform and benefits city dwellers.
ME-based fuel card kingpin, WEX, reported Q3/15 revenue rose 2% to $226.1 million. However, on a non-GAAP basis, the Company’s adjusted net income for the quarter decreased 25% to $49.9 million.
NJ-based Heartland Payment Systems (HPS) reported Small and Mid-Sized Enterprise (SME) Q3 transaction processing volume set a new quarterly record $24.5 billion, up 13.1% year-on-year (YOY). HPS also acquired privately held Digital Dining, a provider of restaurant point-of-sale (POS) and management systems throughout the USA.
In today’s CardFlash News Que: AMERICAN EXPRESS (holiday); Q-CARD (KEOLABS); NXT-ID (StackCommerce); and VORMETRIC (breaches).
Mexico’s Banco del Bajío, one of the top 10 banks in Mexico, has gone live with its licensed PRIME solution from TSYS.
Banco del Bajío has deployed PRIME within its dedicated card services center to manage its credit and private label card portfolios, along with its loyalty and installment programs, in-house on the single-platform PRIME solution.
The inclusion of biometrics in mobile devices will generate approximately $9 billion worth of revenue by 2018 for the biometrics industry, not just through unlocking mobile devices through security applications, but also through multi-factor authentication services and the approval of instant electronic payments.
Starting October 30, UnionPay International, the exclusive sponsor of Mnet Asian Music Awards (MAMA), will offer multiple exclusive privileges, including that of buying tickets in advance, to its cardholders.
New research finds if a bank offered a mobile wallet, 51% of the respondents are likely to use the bank-offered mobile wallet.
Also, 82.8% have a smartphone, but 12% of those with a smartphone do not plan on using a wallet of any kind just yet.