CardWeb.com’s CardExecs database of payments industry movers and shakers today features Derek Webster, Founder and CEO of CardFlight.
Cryptocurrency is trying to get into the mainstream and the Ziftr cryptocurrency/credit card payment platform may be the answer. The Company notes for each credit card purchase, up to 3% of the total transaction value goes to swipe fees alone, while cryptocurrency fees are typically under 1%.
Microsoft-owned Skype users will now have to option to top up their accounts at more than 50,000 Western Union Agent U.S. locations. Western Union’s new Skype Credit is aiming for the banked, under-banked or un-banked.
Look out Automated Clearing House (ACH), as Dwolla has inked a major deal with the largest financial institution to provide real-time transfers to and from its network in the USA. BBVA Compass will enable its customers to send and receive funds instantly through the Dwolla all-digital payments network.
CardWeb.com’s CardData Reports today features “2015 AFP Payments Fraud & Control Survey” from the Association for Financial Professionals.
MasterCard Latin America and Caribbean (LAC) has launched an enhanced suite of travel benefits for Platinum MasterCard and MasterCard Black cardholders. The new MasterCard Travel Services includes personal planning assistance, preferential treatment and savings/benefits/upgrades.
For the first time China UnionPay International has established cooperation with a Chinese cross-border e-commerce company to allow 40 million overseas cardholders to pay with UnionPay cards on a Chinese e-commerce platform. The deal was inked with the DinoDirect cross-border online businesses.
Global mobile commerce is set to explode by three fold over the next five years as U.S. NFC payments, consumer tablet adoption and smart wearables take hold. Forecaster RAM Research predicts global m-commerce will soar from $316 billion this year to $905 billion in 2019.
U.S. credit card outstandings for the four major networks rose 4.9% last year with American Express leading the charge with a 7.2% year-on-year (YOY) increase. U.S. card loans (including securitized receivables) hit $878.0 billion at end-of-year (EOY), according to CardData.
In today’s CardFlash News Que: SITESAGE (PCI); BANKRATE (Prepaid); Zoho (CRM); and ACCREDITRUST (funding).
TouchSuite has taken non-profit payment processing for non-profits to a new level. The new, unique relationship with the non-profit advocacy and support institution, PVBLIC Foundation, will create an advantageous financial service partnership for the nearly 100 non-profit organizations within its network.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Serena Williams & the Chase Masters: The Anthem Commercial.