Card spending rose nearly 13% and debit card spending increased more than 6% for the Thanksgiving Day (11/27) through Cyber Monday (12/1) period. Black Friday was the biggest day for credit card spending.
Bank of Tokyo-Mitsubishi UFJ (BTMU) has implemented VASCO’s two-factor authentication solutions to protect retail banking customers accessing the bank’s online banking services.
London-based Worldpay is heading to Atlanta. The Company will occupy130,000 square feet over six floors in Atlanta’s Midtown business district. Worldpay received a $1.5 million City of Atlanta Economic Opportunity grant to help fund the relocation of its U.S. headquarters.
NCR’s Cornell-Mayo subsidiary ranked first in more categories than any of its competitors in RIS News’ annual Software Leaderboard.
CheckAlt reports it is on pace to process more than 100 million transactions in 2014. These transactions represent the combined volume of CheckAlt and its ERAS division, which CheckAlt acquired from Diebold in June of this year.
KeyBank customers banking in New York have access to more surcharge-free ATMs as a result of a new partnership between KeyBank and Cardtronics
SumAll and the Square partnership are expanding to Canada. The deal enables users in Canada to access Square data along with analytics from dozens of additional platforms, including social media services and other payment providers
The number and sophistication of cyber threats will continue to increase exponentially. Fueled by both geopolitics and economic incentives, international (and often state-sponsored) criminal organizations will escalate their development of offensive cyber capabilities.
Among the top six U.S. credit card issuers, the average 30+day delinquency rate is likely to top 2.00% in the fourth quarter, reversing a four year downward trend. The average 30+day delinquency rate was 1.93%, compared to 1.83% in the second quarter, and compared to 2.12% in the year-ago quarter, according to CardData..
NY Silicon Alley-based HyprKey launched a free mobile password manager. The mobile app is intended for anyone who uses multiple logins across multiple platforms daily including m-payments.
London and Los Angeles-based inAuth snagged a new top executive from Monitise. Lisa Stanton, formerly the President of the Americas for Monitise, will now serve as InAuth CEO.
NY-based CardFlight and NY-based Merchants’ Choice Payment Solutions have teamed to provide a custom mobile POS solution to merchants through its sponsor bank’s network of retail branches.