Los Angeles-based PayYourRent is teaming with Experian RentBureau to help renters build their credit histories. Now, each time a resident pays their rent on-time with PayYourRent, Experian, a major credit reporting agency, will record that positive rental data into the company’s credit reports.
Seeing a product in a store, then buying it online from another retailer using a smartphone – dropped from 37% in the US last year to 28% in 2014. But “webrooming,” in which consumers buy in a store after researching a purchase online using a smartphone, was reported by an even higher proportion of respondents, 41%.
CardWeb.com’s CardExecs da tabase of card industry movers and shakers today features Maeve McKenna Duska, Vice President of Marketing for USA Technologies. USA Technologies is a leader of wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries. ePort Connect is the company’s flagship service platform, a PCI-compliant, end-to-end suite of cashless payment and telemetry services specially tailored to fit the needs of small ticket, self-service retailing industries.
While many analysts indicate President Obama’s Executive Order to mandate chip payment cards for government benefits was a pure political move, others applaud the action.
Shopping is changing rapidly as store foot traffic declines as web site clicks soar. Also, the number of consumers willing make a purchase of $500 or more within the next 12 months is growing.
No surpise — but rewards or offers continue to be the biggest controllable factor to influence the card of choice. Also, consumers are concerned about the security of their payment cards and are increasingly aware of security related features including mobile fraud and risk tools.
The world’s first contactless payment card featuring an integrated fingerprint sensor is in the works from a partnership between MasterCard and Zwipe. The launch of the card comes after a successful live pilot with Norway’s Sparebanken DIN.
Bank credit card purchase dollar volume (PDV) increased 8.6% year-on-year (Y/Y) and 0.7% quarter-on quarter (Q/Q) in the third quarter (Q3/14), as outstandings continue to contract. The change in consumer behavior is significant for issuers who rely on interest income to subsidize purchase-based reward program expenses, according to CardData.
TD Canada Trust made available its TD Mobile Deposit allowing customers to deposit checks into their bank account by taking a photo. The TD Remote Deposit Capture offers business customers the convenience of depositing cheques electronically using a computer and compatible scanner, right from their office or place of business.
goSwiff mobile commerce and marketing launched a PINPad card reader to boost the efficiency and security of cashless mobile transactions across a range of markets. goSwiff PINPad is the only card reader in the market designed from the ground up for mobile payments in harsh environments.
TD Canada Trust made available its TD Mobile Deposit allowing customers to deposit checks into their bank account by taking a photo. The TD Remote Deposit Capture offers business customers the convenience of depositing cheques electronically using a computer and compatible scanner, right from their office or place of business. TD Mobile Deposit is housed within the TD app and allows customers to snap pictures of cheques within a specified monthly deposit limit by tapping anywhere on the screen – a feature developed to help improve image clarity and reduce deposit errors. Real-time available funds balance and the ability to deposit US cheques from Canadian financial institutions to a TD USD account are some of the additional features of TD Mobile Deposit.
Atlanta-based Entersekt,has been awarded a U.S. Patent for its mobile-enabled secure transaction authentication software. The patent covers Entersekt’s fully out-of-band transaction verification for its Transakt product.