CardWeb.com’s CardExecs database of payments industry movers and shakers today features Angela Brown, President and Chief Executive Officer of Moneris Solutions.
Montreal-based DebitWay is making the way for medicinal marijuana payments with a partnership with medpotnow.com. The Canadian alternative payment service provider (PSP) has partnered with numerous electronic “high risk” merchants over the years, from a diverse number of industry types.
In today’s CardFlash News Que: STRAWHECKER (Branding); Fiserv (Tokenization); USAEPAY (Sage Payments); and Zchex (High Risk).
CardWeb.com’s CardPixes database of more than 7,000 images today features the BBVA Compass NBA American Express Card.
Australia’s Kounta, a cloud based POS system with customers throughout Asia and the Pacific, Europe, South Africa and America, has inked a strategic partnership with US-based beaconized payments platform, Pay With Drop.
The Top 5 U.S. Visa and MasterCard credit card issuers had a 64% 2014 marketshare based on U.S. Purchase Dollar Volume (PDV). Credit card king, Chase, captured 25.5% of the U.S. bank credit card market last year, more than double its closest competitor BofA.
The major Visa and MasterCard credit card players ruled U.S. purchase dollar volume (PDV) in 2014, with the top 5 issuers controlling more than half of the market, the top 10 issuers holding a 80% share and the top 50 maintaining an 91% share, according to CardData.
The nation’s #1 Visa and MasterCard issuer continues to struggle with growth in purchase dollar volume (PDV) and growth in credit card outstandings. However, RAM Research projects Chase will deliver $114.7 billion in PDV and $126.3 billion in outstandings for the first quarter.
More than nine out of ten finance professionals firmly believe EMV cards will be effective in reducing POS fraud. In addition, 61% believe chip-and-PIN will be the most effective authentication method in mitigating credit/debit card payments fraud.
The choice for the best Customer identification authentication (CIA) software requires thoughtful considerations for the specific needs of a business. One given is authentication methods should be deployed consistently across channels and modes.
Single order management solution (OMS) to support a unified commerce experience across all channels will gather stream over the next three years. It is estimated 250% more retailers will transition to a single OMS.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Lisa Shields, is President & Chief Executive Officer of Hyperwallet Systems.