Retailer loyalty programs are not only increasingly digital in nature but also increasingly take any kind of payment”not just private label card payments. The multi-tender loyalty program trend to continue in force, with strong continued uptake over the next two to three years.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Sandra Green, Head of Sales, EMEA, of Alpha Payment Systems.
The ATM Industry Association (ATMIA) has released a new research paper, “U.S. Mobile Payments: Do They Disrupt Cash?” which examines the impact of mobile payments on the growth of cash. Despite all the attention it receives, mobile payments still account for only a very small fraction of retail in-store payments.
Green Dot announced a new cash processing technology enabling customers to securely and conveniently add cash to their accounts at participating retailers using their mobile device. This service leverages Green Dot’s new mobile and web-enabled barcode generation system and thousands of Green Dot retail locations to provide a new cash-loading option.
Gemalto has been selected by the Debit Network Alliance (DNA), a consortium of leading U.S. debit network providers, to deliver EMV consulting services. Gemalto’s EMV Allynis Consulting Services are designed to accelerate the deployment of EMV, significantly reducing time between DNA’s business plan and go-to-market. Gemalto’s consultants recommended and executed a strategy that details card, terminal and personalization requirements.
MasterCard has ankled Nandan Mer, who is currently Group Executive of Loyalty Solutions, based in London, to the role of Division President for Japan. The appointment will be effective as of September 1st.
U.S. bank credit card active accounts (accounts with sales activity), among the top six U.S. issuers, grew 1.4% year-on-year (YOY) and flat quarter-to-quarter (QOQ) in the second quarter. This comes despite the slight erosion in gross accounts by Bank of America and Citibank.
Gross or open accounts (GAC) for U.S. credit cards among the nation’s four largest issuers climbed 2.0% in the second quarter to 187.4 million, compared to 183.7 million one-year ago. The growth is driven by Capital One, while Chase, Bank of America (BofA) and Citibank face year-on-year (YOY) and quarter-to-quarter (QOQ) GAC erosion. However, BofA posted a slight YOY gain.
In today’s CardFlash News Que: MERCATOR (EMV); CONSTELLATION (EMV); RESEARCH & MARKETS (Kazakhstan); and INTELLICHECK (Q2).
ThreatMetrix has named Armen Najarian as chief marketing officer. Najarian joins with more than 15 years of B2B and technology marketing experience, primarily with cloud-based software and data-driven solutions for the enterprise.
Bluepoint Solutions has inked a deal with Mitek. Bluepoint’s mobile remote deposit capture (RDC) solution, QwikDeposit ToGo, will now include Mitek MiSnap for automated mobile check capture.
The Debit Network Alliance (DNA) ” comprised of 10 leading U.S. debit networks ” announced it is ready to deploy the DNA Shared Debit AID.