Oslo-based NEXT Biometrics has been chosen to provide its fingerprint imaging sensor in the new BIO-key EcoID, a low-priced compact USB touch fingerprint reader.
According to new research the mobile money market is expected to grow from $12.34 billion in 2014 to $78.02 billion by 2019, at a compound annual growth rate (CAGR) of 44.6% during the forecast period from 2014 to 2019. In terms of regions, MEA is expected to be the biggest market in terms of market size, whereas APAC and NA are expected to experience increased market traction, during the forecast period.
Discover’s U.S. end-of-period (EOP) credit card loans grew 5.5% year-on-year (YOY) and continues to outpace the top Visa and MasterCard issuers. Since 2009, Discover has experienced sequential growth at a compound annual growth rate (CAGR) of 5.5%, exceeded only by Capital One among the top ten issuers.
A new study reveals if a consumers’ primary bank were to install more ATMs and self-service kiosks for no-envelope deposits, more consumers indicate they would be inclined to use the self-service method (36%) than would still only use the teller (30%).
Chuck Fagan is returning to PSCU after a two-year stint at
the Credit Union Executive Society (CUES). Acting CEO Tom Gandre will return to his role as Executive Vice President and Chief Operating Officer on April 27 when Fagan takes the reins.
NJ-based TD Bank has introduced a new general purpose reloadable Visa bank card. The launch marks the bank’s second reloadable prepaid card. TD has 8 million U.S. customers.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Vicki Lawrence, Chief Operating Officer of Linqto.
When it comes to the best customer experience in the credit card industry, USAA took the top spot for the fifth straight year. Furthermore, USAA also ranked 13th overall out of 293 companies across 20 industries.
In today’s CardFlash News Que: WEX (Australia NMC); Acculynk (CNP EMV/NFC); ProfitStars (PayNearMe); and NCRA (ScoreWise).
TX-based NUSPAY is introducing a new VAS ” not Value Added Services, rather Virtual Account Solution for cashless, cardless and contactless transactions. The new product will be unveiled on April 1, 2015.
Germany’s Wirecard and Drillisch have inked a mobile payments strategic cooperation agreement to launch a mobile payment solution. The new boon payment system will be launched in August.
In today’s CardFlash News Que: QCard (EMVCo); Acumera (ZipLine); Net Element (PayOnline) and Passenger (Giftbit).