In today’s CardFlash News Que: E-COMMERCE 4 (high risk POS); CASHSTAR (AlwaysOn): MIND COMMERCE (mPayments); and PCIPOLICYPORTAL (PCI DSS).
Chicago-based Lyons Consulting Group (LYONSCG) has become a systems integration partner of Riskified, a venture-backed eCommerce fraud prevention solution provider. Riskified enables online merchants to accept credit card transactions they would otherwise decline, as it covers all approved orders with a 100% chargeback guarantee in case of fraud.
U.S. bank credit card rates for all accounts edged up slightly in May by 6 basis points (bps) from the prior month to 12.04%. However, annual interest rates for all accounts accruing interest charges declined slightly in the second quarter by 5 bps to 13.49%.
Purchase transactions (PTX) for U.S. Visa and MasterCard debit cards will slow to 7.5% in the second quarter, compared to 7.7% in the first quarter.CardData and RAM Research says U.S. credit card purchase transactions are quickly ramping up this quarter.
The Payment Alliance International (PAI) and CardFlight have inked a deal for EMV mobile POS (mPOS). PAI will offer CardFlight’s EMV mPOS acceptance solutions to its market partner distribution network and merchant customers nationwide.
NC-based Medfusion released a new patient payment and revenue management solution. Medfusion Pay is a suite of four key products that enable healthcare practices and organizations to collect copays and balance payments at seven different points in the patient encounter journey.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the CardWeb.com’s the
Citi Card Commercial – Norway TV spot.
MasterCard is giving fans using Apple Pay to pay at the 2015 MLB All-Star Game presented by T-Mobile in Cincinnati, along with a Priceless experience. Those attending the 2015 MLB All-Star Week festivities will not only be able to use Apple Pay on-site for food and merchandise purchases, but when they do they could also receive a Priceless Surprise.
The third annual Key Business Drivers & Opportunities in Cross-Border E-Commerce survey is now open for input from merchants and payment professionals from around the world. Last year’s survey polled nearly 700 e-commerce and omnichannel merchants, payment service providers, acquirers and consultants, quantifying stakeholder attitudes about this increasingly important segment of payments.
Payverifi has teamed with Kount Systems in order to enhance their fraud management systems. The partnership will allow Payverifi’s pre-existing systems to dive in even deeper to each particular transaction, instantly checking hundreds of fraud check points.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Mike Baxter, Senior Vice President, Product Development of Entrust Datacard
NYC-based eMazzanti Technologies has completed high-level retail data security training to prevent retail point-of-sale (POS) data theft. eMazzanti is currently one of only seven companies worldwide to be qualified as a PCI Qualified Integrator under the stringent certification standards of the PCI Security Standards Council Qualified Integrators and Resellers (QIR) program.