San Jose-based ThreatMetrix says its Network stopped more than 11.4 million attempted fraudulent transactions during the 2014 holiday shopping season. The Network analyzes more than 850 million monthly transactions, and protects more than 210 million active user accounts across 3,000 customers and 15,000 websites.
PA-based Dynamics is set to unveil the first and only functional interactive payment card January 6th at the Las Vegas CES event. Dynamics produces and manufactures intelligent powered payment cards and advanced payment platforms.
Chinese tourists purchasing power in South Korea has driven China UnionPay (CUP) to become the #1 foreign card brand in the country. About 90% of the spending by Chinese tourists in South Korea is through UnionPay cards.
NY-based ISO iPayment, serving 153,000 U.S. merchants, completed exchange offers and consent solicitations in the amount of $509 million. The move will significantly reduce debt and improve cash flow.
Citibank continues on its strategy to streamline its Global Consumer Bank and is actively seeking a buyer for its credit card business in Japan. Citi announced on Christmas Day it reached a definitive agreement to sell its retail banking business in Japan to Sumitomo Mitsui Banking.
CardWeb.com’s CardData financial database projects Visa and MasterCard U.S. Payment Dollar Volume (PDV) will top $1 trillion for the first time in the second quarter of 2015. Currently, U.S. credit card PDV is growing 10.9% annually, U.S. debit card PDV is expanding 7.6% annually.
FL-based SegPay reports year-over-year revenue increased by 25%. In 2014, the company completed several enhancements to its proprietary SegPay Fraud Mitigation System.
Herzliya-based SuperCom has named Mr. Shai Vardi as its new VP of Secure Financial Solutions. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite.
Bluefin Payment Systems and 3Delta Systems (3DSI) have teamed to provide Bluefin’s Decryptx PCI-validated Point-to-Point Encryption (P2PE) Solution to 3DSI clients.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Capital One Quicksilver “No Drama” TV ad.
CardWeb.com’s CardPixes database of more than 7,000 images today features the IBK Smart Green Check Card.
Wallet One (W1) international payment system has launched its multi-currency e-wallet via franchising model. The product is available on web interface and mobile applications (both for iOS and Android). It provides country-adapted interface, meets all requirements of the national regulations, and supports all key features of the W1 international payment system. Via the e-wallet users can pay more than 350 local service providers and supports over 100 methods of topping- up the wallet and money withdrawal.