Bank of the Philippine Islands inked a deal with Global Payments to form a joint venture to provide merchant acquiring and payment services in the Philippines.
The Chip & Pin deadline will spur an increase in fraud so saith some. The rate of fraud won’t decrease; it will go up to record levels just before the deadline. Afterwards, we will start to see record levels of Card Not Present (CNP) fraud in the U.S., just as it has risen elsewhere Chip and PIN has been adopted.
Japan’s mobile payment service LINE Pay has unveiled v4.8 and has gone global. LINE Pay is a mobile payment service that lets over 170 million monthly active LINE users (on iPhone or Android) make payments for affiliated services or at affiliated shops in an easy and convenient way, regardless of their carrier or OS.
Prepaid buyers are increasingly younger: 2 in 3 young adults (aged 18-34) surveyed bought prepaid cards, up from 3 in 5 surveyed in 2013. And they are increasingly mobile enabled, as nearly 2 in 3 smartphone owners, 3 in 4 smartphone and tablet owners, and 9 in 10 adults who have paid for goods and services by mobile phone have bought prepaid cards within the previous year.
BlueSnap has teamed with SecurityMetrics for PCI compliance.
PCI compliance services for BlueSnap merchants will be available at no additional cost.
The truckers payment card has gone mobile. ME-based WEX Fleet One has launched the free Fleet One Mobile application.
San Jose-based Vormetric IT audit firm Coalfire has released guidance for using Vormetric Transparent Encryption to satisfy Payment Card Industry Data Security Standard (PCI DSS) 3.0 requirements in sections 3, 7, 8, 9, 10 & 11 within VMware environments.
Boston-based Alpha Software Corporation has integrated its Alpha Anywhere business application development environment with Worldpay, a leading global payment provider, to speed the creation of payment-enabled mobile business apps.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Neil Garner, Chief Executive Officer and Founder of Proxama.
ME-based CashStar Marketing solutions is powering more than 150 promotions this holiday season. Rewarding for both the sender and recipient, digital gift cards offer shoppers convenient and personalized gifting experiences, and enable retail and restaurant brands to influence consumer spending through targeted marketing campaigns.
Creditcall EMV-ready payment gateway provider supplied its mPOS payment solution CardEase Mobile to U.S. burgers and fries chain Five Guys. The product, which comprises an mPOS SDK that allows developers to easily add payment functionality to an mPOS offer, is an integral part of a new restaurant queue busting solution for Five Guys in the UK which speeds up customer processing time and also allows for better customer interaction while they are waiting to be served. Staff in 19 Five Guys restaurants are now able to take customers’ orders and mobile payments in the queue via a tablet device that includes Creditcall’s mPOS payment solution CardEase Mobile integrated within Lineten’s NOQU queue busting app.
D3 Banking has teamed with ProfitStars. Under terms of the deal D3 Banking will offer ProfitStars’ iPay Consumer Bill Pay solution. ProfitStars is a division of Jack Henry & Associates.