Silicon Valley-based i2c has taken its corporate rewards gift card to Australia. The Company has teamed with Corporate Prepaid Solutions (CPS) to bring the uChoose card down under.
Bank credit card delinquency among the Top 100 U.S. banks continue to decline in the third quarter to 2.16%. The ratio is the lowest in more than 25 years, down 26 basis points (bps) from one year ago, down 65 bps from two years ago and down a stunning 447 bps from five years ago.
Visa and MasterCard International Payment Dollar Volume (PDV) passed the $1 trillion milestone in the third quarter and will likely top $1.3 trillion by the end of 2015. Currently, International credit card PDV is growing 9.5% annually and International debit card PDV is expanding 16.5% annually.
Ukash payments is further affirming its influential role in the payments sector with the selection of its Chief Executive, David Hunter, to join the advisory board of the Emerging Payments Association (EPA). The EPA was set up by a group of influential companies and individuals to represent those in emerging payments who wanted to shape their future. The board is focused on creating a global hotspot for payments innovation in the UK; ensuring an innovation-friendly regulatory regime; and enabling direct access to clearing and settlement at the Bank of England.
HyprKey is unveiling its patent-pending HYPR-3 biometric mobile wallet app this week at the 2015 International CES in Las Vegas. HYPR-3 is an open protocol for biometric authentication.
Wallet One (W1) international payment system has launched its multi-currency e-wallet via franchising model, available on web interface and mobile applications. It meets all requirements of the national regulations and supports all key features of the W1 international payment system. Via the e-wallet Georgian users can pay more than 350 local service providers, adjust automatic recurring payments, provide p2p money transfers to friends and family. The product supports over 100 methods of topping- up the wallet and money withdrawal.
Experian is now now offering its members FICO Scores through its direct-to-consumer products. The FICO Score is front and center as the first in a series of new Experian product enhancements that will be integrated over the next 18 months.
A new Iowa-based company is deploying the first Bitcoin ATM in Iowa. Leverage Holdings offers technology solutions in the areas of crypto-currencies.
Denver-based payment processing specialist Vogogo has completed the acquisition of all of the issued and outstanding shares of Vanado consulting and payment services.
In 2014 government agencies spent almost $26.4 billion in 2014 through 90 million transactions, mostly with the GSA SmartPay Purchase Card. There are currently over three million government purchase cards in circulation.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Todd Wilkinson, President and Chief Executive Officer of Datacard Group.
AZ-based Electronic Commerce International (ECI) has introduced a multi-layered suite of security and compliance services built to safeguard businesses against fraud, credit card data security breaches and to assist with PCI compliance.