Telkomsel Indonesia the largest mobile network operator (MNO) in South East Asia has hooked up with Verifone Mobile Money and Finnet Indonesia to introduce TCash Tap to merchants across Indonesia, allowing Telkomsel’s more than 140 million subscribers to tap and pay using their mobile device.
Wirecard’s Checkout Portal has been launched in Eastern Europe and will be offering payment solutions in combination with Google services. In a first step, the product was launched in Poland, for which Wirecard was able to involve Google’s Premier SMB Partner Verseo.
U.S. Bank (USB), one of the nation’s largest commercial card issuers, posted a paltry 0.6% gain in year-on-year (YOY) outstandings and a weak 3.2% gain in consumer and commercial purchase dollar volume (PDV) for the third quarter.
Citibank North America branded credit card profits declined 16% and Citi retai North America branded card base shrank 1.0% YOY in Q2/15. However, credit quality improved as delinquency and charge-offs declined.
In today’s CardFlash News Que: SYNCHRONY (Sleepy’s); TSYS (Tangerine); DH (Ripple); and USAT (Canteen).
The NFC Forum has published one new and three candidate technical specifications. The specifications deliver new capabilities that support improved RF communication, new and legacy tag support, NFC-V technology and Active Communication Mode.
Berkshire Hathaway Travel Protection (BHTP) and MasterCard have teamed with Skift’s Global Travel Forum to drastically cut the time it takes to pay travel-insurance claims.
MO-based credit card processor Clearent unveiled the addition of a new virtual terminal that complements the company’s broad array of products and services. With the Clearent virtual terminal, merchants have the flexibility they need to securely process credit card payments in an office setting on a computer or when they’re on the go from their smartphone or tablet.
North American Bancard (NAB) has ankled Tim Oneacre as general manager of its subsidiary Electronic Payment Exchange (EPX), a full-service payment processor that provides both front- and back-end payment solutions.
New research reveals while international shoppers share some common similarities on how they are finding and buying products online, consumers have unique global shopping preferences and behaviors that vary by country. Retailers looking to expand their brands globally should consider cultural norms and shopping preferences of consumers around the world.
Gemalto has unleashed Dynamic Code Verification, a comprehensive payment security solution that protects against Card-Not-Present (CNP) fraud on-line and ensures an easy user-experience cardholders have come to expect.
MasterCard will provide tokenization services to commercial credit card issuers. Soon, corporations and business travelers will be able to load eligible corporate credit cards within participating mobile and digital wallet services.