The Citi Mobile Challenge in Asia Pacific is coming next month. It is part of Citi’s drive to foster digital and mobile innovation in banking. Registration for the Challenge will begin on August 19, and selected participants will demonstrate their concepts at events in Bangalore, Hong Kong, Singapore, and Sydney.
Myanmar Apex Bank has teamed with MasterCard to develop the local payments infrastructure with the launch of new prepaid card. MasterCard has launched prepaid cards together with Co-operative Bank Ltd, Kanbawza Bank, Ayeyarwady Bank, and Myanmar Citizen Bank with 2C2P, the last of which was also Myanmar’s first smartphone-enabled prepaid card.
Wincor Nixdorf reported a significant decline in operating profit as a result of the restructuring program. Profit for the first nine months of the fiscal year stood at €25 million (€61 million), which represents a decline of 59%.
American Express second quarter profits slipped year-on-year (YOY) by 3.9% to $1.47 billion due to the significant impact of a stronger U.S. dollar on international operations. However, U.S. Card Services posted Q2/15 net income of $886 million, up 15% from $770 million a year ago.
In today’s CardFlash News Que: AMEX (Centurion Lounge); SYNCHRONY (Charlotte); PREPAID PRESS EXPO (event); and PYMNTS (report).
iPatientCare, Inc., a pioneer in mHealth, cloud-based ambulatory EHR and integrated practice management solutions, is integrating PatientPay’s innovative healthcare billing solutions with iPatientCare Application.
CardWeb.com’s CardData Reports today features the “Cards and Payments Industry in Australia” from Timetric.
Western Union (WU) and Kroger have renewed their vows to give customers the ability to send and receive Western Union Money Transfer transactions across the globe to more than 200 countries and territories. Customers can purchase money orders and pay their bills at more than 2,300 Kroger Family of Store locations across 34 states.
The NOWaccount Revenue Accelerator Program enables small suppliers to compete more effectively by offering extended payment terms to their commercial and government customers, both in the U.S. and abroad, without taking on added risk.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Visa Cargo Credit Card in Latin America.
China-based UnionPay is adding more summer cardholder tourist perks. Up to a 10% discount will be launched by near 1,000 merchants in 21 countries and regions globally. It is the extension of “Traveling the World in Summer Vacation” conducted previously, which managed to cover 8 tourist attractions.
CardWeb.com’s CardData database of Company Profiles today features ZirMed.