Dallas-based Avalon Solutions Group, the mother of myOmny and a technology company focused on the development of Software as a Service (SaaS) based solutions to support merchant payment processes for small businesses, announced today a $5 million funding deal.
CardWeb.com’s CardPixes database of more than 7,000 images today features the J.G. Wentworth Cash Now Visa.
Capital One Spark Business has unveiled an integrated campaign designed to help its small business customers build awareness, compete and grow their enterprises in today’s increasingly complex and competitive marketplace.
CardWeb.com’s CardData Reports today features the”How European Issuers Can Thrive in an Ecosystem Defined by Tokenization-Enabled NFC Payments” white paper from TSYS.
PSCU has inked a partnership with Member Driven Technologies (MDT) to provide call center support to MDT’s roster of credit union clients. MDT is the largest reseller of Symitar core processing services to the credit union market and has over 150 credit unions clients throughout the U.S.
In today’s CardFlash News Que: BBVA (Destacame.cl); BLUEFIN (EchoSat); CORECARD (growth); and MASTERCARD (Rugby).
Early stage delinquency (30+ days) edged down by 11 basis points (bps) sequentially down 10 bps year-on-year (YOY), on average, among the nation’s top six U.S. credit card issuers. Every one of the top six realized lower delinquency in the second quarter, compared to the prior quarter, according to CardData.
Driven by Visa’s electric performance in the second quarter with net income rising 24.8%, payment card profits for the top four networks rose 10.7% in the second quarter, compared to one-year ago. Visa, MasterCard, American Express and Discover reported a combined 2Q/15 profit of $4103 million, compared to $3705 million for 2Q/14.
San Diego-based iWallet has inked a deal with NEXT Biometrics to incorporate NEXT Biometrics’ next generation, high-quality fingerprint imaging sensor modules into iWallet’s portfolio of products, which feature its patented BIO-BLU Biometric Bluetooth® smart locking technology.
MN-based Entrust Datacard unveiled the Datacard Artista VHD Retransfer Color Printing module GEN 2. Designed to work inline with the Datacard MX Series card issuance systems, this second generation inline printer module offers on-demand, 600 dpi full-color, edge-to-edge card printing for card and credential programs in the financial, government, retail, loyalty, and healthcare markets.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Sudheer Prem, Chief Technology Officer of ID Insight.
Prepaid specialist CashStar and Maritz Motivation Solutions have inked a strategic partnership to power Maritz Motivation Solutions’ digital gift card offerings. The CashStar Commerce platform now enables Maritz Motivation Solutions to offer personalized digital gift cards from leading retailers and restaurants to its program participants as a reward option.