CardWeb.com’s CardExecs database of payments industry movers and shakers today features Dan Farrell, Vice President, Worldwide Sales of CashStar.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Citibank Prestige Card.
@Pay has introduced its secure Text-to-Give that protects organizations from SMS spoofing fraud. Unfortunately, as Text-to-Give gains popularity, malicious hackers will start exploiting the vulnerabilities inherent in text messaging as a means of attacking – not the donors – but the organizations that the donors support.
CardWeb.com’s CardData database of Company Profiles today features LoopPay.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Capital One “Visigoths” TV Spot.
ME-based WEX has been selected to provide its full suite of corporate payments solutions to ServiceMaster Global. Through this agreement, all corporate and participating franchise vehicles within ServiceMaster’s network of well-recognized brands including Terminix and Merry Maids, with an estimated fleet size of 6,600, will utilize WEX’s fleet, virtual and analytics solutions.
Hong Kong-based BBPOS is unveiling its new Chipper 2X device in the third quarter, the only mobile card payment acceptance solution that integrates magstripe, EMV and NFC contactless compatibility into a single compact audio jack-based design.
CardWeb.com’s CardConferences today features the R2 Retail Reinvention, August 4-5 conference at Chicago’s McCormick Place.
In today’s CardFlash News Que: TSYS (ASTREX); ACCULYNK (TouchPay); ECI (Clover Mini); and HPS (pcAmerica).
Western Union reported second quarter (Q2/15) revenues declined 2% year-on-year (YOY), primarily due to the impact of the stronger U.S. dollar, however on a constant currency basis, Q2/15 revenues increased 4% YOY.
NJ-based Heartland Payment Systems (HPS) reported Small and Mid-Sized Enterprise (SME) transaction processing volume was a quarterly record $23.8 billion for Q2/15, up 16.5% from the second quarter of 2014, the fourth consecutive quarter of double-digit acceleration. Quarterly net revenue was a record $203.9 million, up 27.9% from the second quarter of 2014, with organic net revenue growth of 12.5% for the quarter.
Mobile point of sale (mPoS) growth continues as the technology deepens its reach across vertical industries, merchant tiers and geographies. It is now projected he global mPoS installed base will grow from 13.3 million units today to 54.03 million units in 2019.