The NCR Silver cloud-based POS system for small businesses is expanding payment acceptance options. The latest is the integration with Apple Pay, Bitcoin and LevelUp.
USAePay has unleashed its Android App update version 1.4.0, available for free download on the Google Play Store. Designed to meet the needs of today’s merchants, USAePay makes processing payments seamless, speedy, and secure.
MasterCard is lifting a block in March 1st on U.S. bank-card transactions in Cuba after receiving guidance from the Treasury Department’s Office of Foreign Assets Control.
Cyber criminals are expanding their tactics this year and are attempting to adapt their techniques to carry out cyber attack campaigns in ways that make it harder to detect and analyze.
New research shows revenue of mobile commerce merchants lost to fraud spiked 70% in 2014 to 1.36% compared to 0.80% in 2013. For comparison, all merchants lost 0.68% of revenue to fraud in 2014 in comparison to 0.51% in 2013.
While there are indications of slower economic growth in Canada, basic payment card performance metrics remain solid. The key is Canadians are generally credit adverse and typically repay their balances in full each month.
Three of the top four U.S. Visa and MasterCard issuers are seeing a continuing credit quality reversal in 2014 as delinquency rates headed higher in the fourth quarter. Bank of America (BofA) posted a five basis points (bps) downtick in Q4 but it is insignificant as their 90+ delinquency rate headed higher.
Morpho is a new member of Mobey Forum, a global industry association empowering banks and other financial institutions to lead in the future of mobile financial services. Mobey Forum has liaison partnerships with several industry associations at varying degrees of involvement.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Visa “Nutcracker” television ad.
Xoom Corporation digital money transfer provider incorporate Apple’s Touch ID technology into their mobile money transfers application. This gives customers the option to use their fingerprint data to sign in to the Xoom application on the iPhone 5s, 6 and 6 Plus. Touch ID is a fingerprint identity sensor that is located in the Home button of select Apple devices. Touch ID takes a high-resolution image of the user’s fingerprint and then analyzes it in order to create its mathematical representation. The data points generated through the analysis are stored locally on the user’s device, and are used for comparison with fingerprint data captured through any subsequent Touch ID usage.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Vicki Lawrence, Chief Operating Officer and Co-Founder of Linqto.
CardTrak.com reports Citi ThankYou Premier and Citi Prestige cardholders can now transfer an unlimited amount of their ThankYou Points to Virgin Atlantic’s Flying Club.