Payoneer has been selected by Amazon to expand cross-border payment options to sellers from 24 countries who sell on marketplaces in the U.S., Spain, France, Italy, Germany and U.K.
MasterCard’s global hackathon will hold its grand finale in San Francisco on December 4 and 5. The Masters of Code competition will include the winning teams from each of the 12 regional events.
Hilton and Starwood this week acknowledged they have been hacked following last month’s data breach discovery by Trump Hotels and one earlier this year by Mandarin Oriental.
On November 20 IL-based UL purchased Ireland-based Acquirer Systems, a specialist in testing software and tools for validation of complex payment environments.
A new survey from Chase Freedom reveals self-gifting is part of the American holiday shopping spirit and 77% of holiday shoppers who have a credit card offering rewards are likely to use the rewards they earn holiday shopping on gifts for themselves.
CardFlash News Briefs: NCR (Silver); UNIONPAY (promotion); BRAINTREE (JotForm); and MPC (fees).
U.S. cards-in-force (CIF) for Visa and MasterCard credit cards increased 5.4% year-on-year (YOY) while CIF for debit cards rose 7.3% YOY, in the third quarter, according to CardData. Visa is leading U.S. credit card CIF in YOY growth, while MasterCard leads U.S. debit cards CIF YOY gains in 3Q/15.
The retail industry suffers from pervasive web application weaknesses from legacy software systems which are soft targets for attackers once inside a company’s network. Also, the most sophisticated point-of-sale malware ever seen to date is now lurking in retailers systems waiting to launch.
edo Interactive and Visa Europe are doing the tango to launch card-linked marketing offers in Poland. Visa Oferty (“Visa Offers”), will enable 20 million Visa debit and credit cardholders to enroll their Visa cards in order to access cashback rewards from merchants.
There is a windfall of US$380 billion in annual revenues waiting for banks to tap by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system.
The first US-issued bitcoin debit card has been unveiled. The Shift Card is a VISA debit card currently allowing Coinbase users in twenty-four states in the U.S. to spend bitcoin online and offline worldwide.
More than half of business owners across all industries are aware of the recent liability shift, but only 29% are equipped to accept EMV chip credit cards. Although more than half of U.S. adults who have a credit/debit card have been issued a new chip card, only 41% know the benefits of the chip card.