CardWeb.com’s CardConferences today features the INSIDE BITCOINS CHICAGO conference, July 10-11 at Navy Pier in Chicago.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Diners Club Card Elite.
CardWeb.com’s CardData database of Company Profiles today features Bottomline Technologies.
NJ-based Charge Anywhere, an experienced provider of EMV payment application and payment gateway services has launched Miura Shuttle POS equipment to merchant services providers and solutions integrators in the U.S.
CardWeb.com’s CardConferences today features the WIRED MONEY conference July 8 at The British Museum in London.
MasterCard and Parkeon have launched “City Connector”, a unique couponing platform that delivers offers and services from local businesses via on-street parking meters.
AZ-based Early Warning has beefed up its Real-Time Identity Chek Service with the addition of New Account Scores. These predictive checking account applicant screening scores enable financial institutions to improve the access they offer consumers and expand their customer base while continuing to manage fraud.
In today’s CardFlash News Que: NFC FORUM (specs); PCI SSC (standards); GENEVA (PayByPhone); and American Express (Centurion Lounge).
While Chase struggles with growth in credit card outstandings of less than 2% year-on-year (YOY), gains in purchase dollar volume (PDV) remain strong rising nearly 8% YOY, according to CardData. RAM Research projects Chase credit card Q2 PDV will come in at $127.3 billion.
While the nation’s second largest Visa and MasterCard has been experiencing slight erosion in credit card outstandings year-on-year (YOY), and sluggish growth in purchase dollar volume (PDV), credit card issuance for Bank of America (BofA) remains strong, according to CardData. Forecaster RAM Research expects credit card outstandings to be $89.1 billion for Q2, a slight gain YOY.
Beijing-based Bank of Ningbo has gone live with NCR Mobile Cash Withdrawal. The software-based solution allows customers to pre-stage a cash withdrawal using Bank of Ningbo’s mobile banking application and then completes the transaction by scanning a 2D barcode using their mobile phone’s camera.
PayPal is picking up Xoom for $890 million. Xoom is a specialist in international remittances enabling customers in the US to send money to, and pay bills for, family and friends around the world in a secure, fast and cost-effective way, using their mobile phones, tablets or computers.