New exponential smoothing analysis shows purchase transactions for U.S. Visa and MasterCard debit cards will slow to 6.7% in the second quarter, compared to 7.7% in the first quarter. CardData and RAM Research says U.S. credit card purchase transactions are quickly ramping up this quarter.
A new survey says Americans oppose the Consumer Financial Protection Bureau’s (CFPB) monitoring of Americans’ credit card purchases. The “cray cray” poll showed the majority of Americans oppose the CFPB’s ongoing efforts to restrict access to certain consumer financial products.
PaymentVision inked a deal with Megasys. This partnership allows clients of Megasys to process electronic payments – credit card, debit card, or ACH – in one-time, recurring, and fee-based transactions from directly within the Megasys Omega and FA systems.
National Commercial Bank Jamaica Limited (NCB), Jamaica’s largest financial services provider has upgraded to the latest version of TSYS’ card issuing and merchant management solution ” PRIME 4.
The first bank to launch dual Interface payment cards in Sweden is underway. Oberthur Technologies (OT) and ICA Banken will distribute 500,000 cards to ICA Banken customers in the coming months.
BillingTree® announced it has once again successfully passed the PCI-DSS audit, this year audited under the new PCI 3.0 standards. The new PCI-DSS is designed with an increased focus on operational standards, security and training to provide greater clarity, flexibility and ease of implementation for vendors. The latest announcement is a continuation of BillingTree’s commitment to remaining at the leading-edge of industry compliance.
While 54% of Americans report that they feel happy when they save money, more than a quarter (28%) report that they always or very often spend their savings, according to a new survey released today by Capital One Bank. The Capital One 2015 “Challenge Your Savings” report reveals that more than a third (36%) of Americans say their income is not high enough to allow for much savings and on top of that, when they do save, the top reason is to pay off debts.
Nautilus Hyosung America (Hyosung), the #1 provider of ATMs in the United States and market leader in Branch Transformation solutions, has teamed with Elan Financial Services (Elan) to provide banks and their customers with a consumer-focused, innovative ATM experience.
Bit-X Financial Corp. announced that its new exchange DIGATRADE™ is set to go-live June 29th and will operate under the domain www.digatrade.com.
Experian Health has joined forces with AxiaMed and Ingenico Group to deliver a new solution that enables fast, efficient and secure customer payment transactions. The EMV-compliant device allows hospitals and medical providers to protect patient financial information as well as reduce their liability should a fraudulent transaction occur.
Juniper Research has revealed how Service Providers are benefiting from the boom in mobile money transfer services – with $2bn in revenues forecast for this year and $4bn annually 2018.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NCR Corporation, the global leader in consumer transaction technologies, today announced that Dos Toros, New York’s west coast-style taqueria, has selected and rolled out a complete NCR restaurant technology solution to help improve the customer experience and efficiency of its business across its growing New York City sites. Opening its first…