CardWeb.com’s CardConferences today features the PayThink Conference at The Cosmopolitan in Las Vegas, September 28-30.
In today’s CardFlash News Que: EBANK (debit cards); MasterCard (Media-Saturn); LOYLOGIC (PayPoints); and WISEKEY (conference).
American consumers continue in a buying mode after ratcheting up revolving credit by $4.3 billion or 5.7% year-on-year (YOY) in July. Total revolving credit (revised) for the first quarter is $890.8 billion, compared to $910.3 billion (revised) for the second quarter and $914.6 billion in July 2015.
Eight out of 10 global shoppers’ purchase decisions are now informed by a digital device, with consumers saying they are smarter shoppers and getting more value than before. However, though in-store sales still account for more than 90% of all retail spending, the result is a more focused in-store shopper buying from a narrower list of unique stores than in years past.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Udi Mokady President and CEO of CyberArk.
Houston-based Cardtronics has renewed its ATM services agreement with Target. The latest agreement, a long-term renewal, extends a relationship between the two companies that was established in 2001.
MasterCard announced Google will be among the first digital partners to follow Samsung to participate in its Digital Enablement Express program, which the company launched this week with support from several leading banks.
CardWeb.com’s CardData database of Company Profiles today features SayPay Technologies.
Samsung has joined the MasterCard’s Digital Enablement Express (DES) program as one of the program’s first partners. Express expedites the process of digitizing and tokenizing MasterCard accounts – giving issuers the immediate ability to participate in Samsung Pay and enabling Samsung to bring secure mobile payments to consumers more quickly, and at scale.
Convenience was the most positively discussed aspect of new digital payment methods in shopping and retail related conversations (77%), with the travel sector leading the way in terms of the highest share of coverage. According to a new survey consumers specifically highlighted their preference for not necessarily needing to take their wallet on every trip and being able to use mobile payments when they travel.
OH-based Open Cab announced the launch of a new app that enables users to book a cab worldwide without worrying about surge pricing or other inconveniences.
Acculynk has worked directly with the following regional debit networks including PULSE, Accel, Star, NYCE, Shazam and CU24 to launch a single Global True Debit gateway that enables dynamic least cost routing across these networks for e-Commerce transactions.