Technology will be a defining factor in driving growth among financial institutions this year. Bank executives see loan growth and interest income growth as one of the best opportunities for increased profitability in 2015.
Agent member credit card programs gained steam again last year and are poised for a good 2015. However, 60% of those in the agent programs last year achieved a medium performance level, offering some sales training and average rewards, but lackluster results.
Cubic Transportation Systems and TfL (Transport for London) have been awarded Best Bank-Card Ticketing Scheme at the 2015 Transport Ticketing Awards on January 27.
Costa Mesa, CA-based Payoff has added Arkadi Kuhlmann, CEO of Zenbanx to its Board. Kuhlmann is a serial entrepreneur, best known for founding ING Direct.
A new report has found U.S. companies and marketers are overcoming their concerns about diluted brand identity and joining a nationwide, coalition loyalty program giving consumer fuel rewards.
Small business owners report they are the most optimistic in seven years. Last month, 49% of small business owners reported that their revenues increased a little or a lot over the past 12 months, up from 37% a year ago.
Austin-based SimplyTapp has raised an additional $2.5M of their Series B financing round from Mozido, elevating the total amount of funding raised to $10.1M. The new infusion of capital will allow SimplyTapp to ramp up R&D by expanding its core engineering team and bolster channel support for global partners.
MO-based Clearent has teamed with MicroSale to integrate its credit card processing with Version 9 of MicroSale’s restaurant software solution. MicroSale dealers now have the option to use Clearent as their integrated payment processor when selling Version 9.
NY-based CardFlight has introduced version 2.0 of its SwipeSimple mobile application. First launched in 2014, the SwipeSimple solution includes encrypted mobile card readers, payment acceptance applications for iOS and Android devices, a real-time reporting and admin dashboard for merchants, and a reseller portal for easy onboarding and portfolio management.
Wells Fargo has become the first major U.S. financial services provider to introduce the ability for customers in The Wells Fargo Rewards® Program to redeem their rewards at more than 12,500 Wells Fargo ATMs.
The United Kingdom Information Commissioner’s Office (ICO) has approved First Data’s Processor Binding Corporate Rules (BCR) application, granting the company permission to manage customer data across borders.
Jack Henry & Associates’ ProfitStars® division says iPay Solutions is offering payments with the NACHA Bill Payment Exception (BPE) Mitigation Opt-In Program.