Despite all the buzz, with more than half of consumers aware that they can make payments through their mobile phones – only 18% of Americans use their mobile phones to make at least one payment a week.
Silicon Valley-based talech Inc., a cloud-based POS solution, unveiled a simple, affordable, EMV ready payment and POS solution that works with specific Ingenico Group terminals, can be activated seamlessly through a software download, and does not require customers to change payment processors.
AZ-based Early Warning introduced the Authentify Platform. The Authentify Platform is a suite of solutions that enables a simplified, unified approach to authentication. All capabilities are accessed via a single Enterprise API significantly reducing the cost of complex risk-managed multi-factor authentication and increasing the speed of adding future authenticators.
It’s now possible to use the Seamless SEQR payment solutionSeamless to make international money transfers between SEQR users. The service is initially being offered free of charge and will be the simplest and least expensive way of sending money between countries.
The National Association of Federal Credit Unions (NAFCU) says the transition to EMV cards is an important step in the process of data security, but it is not a silver bullet. Last week the FBI also reinforced EMV will help reduce counterfeit cards but until PINs are used at the POS fraud will continue.
For the first time, Chase eligible co-branded credit cards, Marriott Rewards® and United MileagePlus, are coming together to offer double the rewards on respective purchases this holiday season with ‘Double Stay, Double Go.’
FICO says 100 million consumer accounts in the U.S. now have regular access to FICO Scores for free. The FICO milestone was achieved less than two years after the FICO Score Open Access program launched.
CellPoint Mobile’s new Travel Bank mWallet enables airlines to manage a range of passenger payments and transactions quickly and cost-effectively, including third-party mobile-wallet payments such as Apple Pay, MasterPass, Visa Checkout, Android Pay and Amex Express Checkout.
In today’s CardFlash News Que: STASH (APS); ACI (Ovum); GAMESTOP (rewards); and RADIOSHACK (iTunes Pass).
Citi has launched Citi Payment Exchange, its integrated and highly flexible institutional payment-processing solution, in Canada. This follows the successful launch of the service in the U.S. in 2012. Unlike other bank offerings available in the Canadian market, clients can utilize Citi Payment Exchange to migrate from paper-based instruments to electronic payments.
MasterCard says it will integrate a fully tokenized checkout experience within MasterPass, leveraging the MasterCard Digital Enablement Service (MDES). MasterPass enables issuers to deliver digital payments across channels and devices around the world, seamlessly extending the trusted relationships consumers have with their banks.
Bluefin Payment Systems has joined the Applied Systems’ Partner Program as a Solutions Partner and will provide Bluefin’s integrated PayConex payment processing to U.S. independent insurance agencies using Applied CSR24.