First Data supports Samsung Pay, now available for in-store use in the USA. Samsung Pay will be accepted across First Data’s point-of-sale devices, including the innovative Clover family of business management solutions. First Data’s STAR Network, the largest independent debit network, will also support Samsung Pay.
In today’s CardFlash News Que: SYNAPTICS (Vibe P1); TIMETRIC (acquiring); HYPERWALLET (award) and THREATMETRIX (cybersecurity).
Samsung Electronics America has unleashed Samsung Pay in the United States today. Samsung Pay launched initially in Korea on August 20th. Plans for bringing the service to the China, Spain and the U.K. are also underway.
More than half of Americans expect a greener outlook in the next six months, and this optimism is strongest among Millennials (70% vs. 64% in 2014). For the second year in a row, employed Americans are reporting that they feel more stable in their jobs than they did a year ago (34% vs. 25% in 2014).
Atlanta-based Payscape has formed its first Board of Directors consisting of co-founders, Adam Bloomston and Jeremy Wing, along with Jon Ziglar, CEO at Parkmobile, LLC, Dan Speight, Vice Chairman and COO at State Bank & Trust Company and Steve Kane, Senior Executive & General Counsel at Sterling Payment Technologies.
As the Pope’s visit is underway, MasterCard has launched the MasterCard Aid Network, an end-to-end, non-financial service designed to streamline aid distribution even in the absence of telecommunications infrastructure. Now, impacted populations can secure basic needs swiftly with the simple dip of a card.
Powa Technologies unveils its partnership with Canada’s leading independent Canadian payment processor, CT-Payment. The PowaPOS T25 is being introduced to the CT-Payment’s ISO and software developer partners as a preferred tablet-based POS platform for meeting the growing demand from their retail clients.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Biff Matthews, President & Founder of Cardware International.
PayPal says it received notice of an unsolicited “mini-tender” offer by TRC Capital Corporation (TRC) to purchase up to 3 million shares of PayPal’s common stock at a price of $32.80 per share in cash. The offering price is 4.6 percent below the closing price per share of PayPal’s common stock on September 9, 2015, the last trading day before the offer was commenced. The offer is for approximately 0.25 percent of the outstanding shares of PayPal’s common stock.
BankPlus recently extended its relationship with Digital Insight, an NCR company, for five and a half more years. The bank offers Digital Insight’s suite of SaaS solutions including Online Banking and iOS and Android mobile and tablet banking.
MUFG has ankled Kanetsugu (“Sugu”) Mike to serve as Executive Chairman of the Board of Directors effective October 23rd. Current Executive Chairman Masashi Oka will be Special Advisor to BTMU President Nobuyuki Hirano.
In today’s CardFlash News Que: TIMETRIC (Mexico); SYNCHRONY (volunteers); THREATMETRIX (award); and GEMALTO (award).