CardWeb.com’s CardConferences today features the R2 Retail Reinvention, August 4-5 conference at Chicago’s McCormick Place.
The U.S. Department of Defense issued a final rule expanding the types of credit products that are covered by the 36% rate cap and other military-specific protections under the Military Lending Act. The Act provides servicemembers and their dependents with specific protections for their “consumer credit” transactions.
VA-based PenFed Credit Union (PenFed) has ankled Zubair Rana as its chief marketing officer. Rana will oversee all marketing and advertising operations for PenFed, which holds $18.6 billion in assets, and is one of the largest credit unions in the country.
In today’s CardFlash News Que: NXT-ID (patent); UNIONPAY (perks); THREATMETRIX (award); and SIMPALM (app).
First Data has filed a registration statement for a proposed initial public offering (IPO) with an estimated value of $40 billion. KKR took the payments processor private in 2007 for $26 billion.
PayPal is now valued at $46 billion and the future is very bright. Analysts expect strong total processing value (TPV) growth to drive solid mid-teens FX neutral organic revenue growth through the intermediate-term, despite lower take-rates associated with rapidly growing mobile payments.
Zooz is teaming with CardinalCommerce to offer Cardinal Consumer Authentication (CCA) to its merchant base. With CCA, Zooz’s clients will enjoy the same protection for their card-not-present transactions that Cardinal’s Customers have relied on for years.
Infinite Peripherals, has created the Infinea Omni, a new self-service kiosk that combines 1D/2D scanning capabilities with iOS to maximize consumer ease-of-use and convenience. By integrating with the iPad Air, the Infinea Omni barcode reader provides the ideal solution for modernizing outdated, bulky displays and computing technology in retail, transportation and various other enterprises.
MD-based Revolution Payments debuts a new B2B payment gateway allowing merchants to receive the reduced level 2 and level 3 interchange rates without requiring manual entry.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Charles Horn, Executive Vice President and Chief Financial Officer, of Alliance Data.
CardWeb.com’s CardData database of Company Profiles today features Ingo Money.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the CardWeb.com’s the
US Bank Flex Perks “Jerry” TV spot.