China Merchants Bank has selected NCR Dynamic eLock Management software-based ATM electronic key management solution. This help the bank centralize the management of safe box keys and passwords across its over 10,000 unit ATM network.
Big data is full of hype and it’s hard for IT leaders, especially payments companies, to know how to exploit its potential. A new report dispels five myths and concludes IT leaders need to cut through the hype and confusion, and base their actions on known facts and business-driven outcomes.
CardWeb.com’s CardExecs database today features Frank Martien,
Partner, Commercial Payments, First Annapolis Consulting. First Annapolis advises credit and debit card issuers, transaction processors, payment networks, retailers, and other industry stakeholders in payment-based sectors of the financial services industry.
China Mobile has selected Gemalto’s UpTeq NFC Multi-tenant SIMs to protect consumer credentials used for mobile contactless payments for mass transit services in Beijing. There are more than 22 million daily commuters in the city that ride buses and the metro.
WA-based BioTrackTHC is aiming to remove the banking roadblocks for states with active marijuana businesses. The new BioTrackTHC STS Multi-Point verification banking program is intended to solve all of these issues within one module for banking, credit cards, and debit solutions.
Prepaid card specialist, Blackhawk Network, has inked a deal to acquire Parago for about $290 million. Parago is a provider of end-to-end engagement management programs for consumers, sales channels and employees has more than 250 customers, including Fortune 100 companies, multi-national corporations and global consumer brands.
CardWeb.com’s CardData financial database projects Chase credit card Purchase Dollar Volume (PDV) to remain strong in the third quarter and will likely top $122 billion. Chase will also likely top 66 million accounts at the end of the third quarter. Chase will release third quarter results on October 14 at 8am EDT.
Miami-based CenPOS has certified its payment-processing platform to First Data’s Global Merchant Acquiring solution. This new payment offering enables merchants around the globe to sell in different markets and collect monies in multiple currencies.
FIME testing focuses on confirming the compliance and interoperability with the EMVCo Contactless approval process. The ability to save time and money throughout the certification process is of great value to Japanese manufacturers. Vendors in the region can access FIME’s global expertise quicker than ever before and tap into our knowledge of the regional ecosystem’s variations and complexities in order to achieve this approval quickly and effectively.
London-based Birdback wants to bring its card-linked offers across the Atlantic. The Company says the market is frustrated by U.S. service providers with programs limited to only certain banks or payment processors.
CardWeb.com’s CardPixes database of more than 7,000 card images today features Suncorp Clear Options Visa issued Citigroup Australia. The card is both Chip & PIN as well as offering the Visa payWave feature.
FIME’s Japanese operation has been accredited as a MasterCard test laboratory for mobile handsets. FIME testing focuses on confirming the compliance and interoperability with the EMVCo Contactless approval process.