CardWeb.com’s CardExecs database of payments industry movers and shakers today features Barry McCarthy, President of First Data’s U.S. Financial Services.
India’s Standard Chartered has signed a multi-year agreement with Earthport to offer customers International ACH payments. Global economic activity continues to increase and with the operating environment for businesses becoming more complex and competitive, a key focus for Corporates is to ensure they are able to centralise treasury operations and put in place solutions that offer improved operational efficiencies and allow greater visibility and control over their global payables. The IACH enables efficient execution of scheduled and high-volume cross-border payments like payroll, dividend and other statutory payments. A key benefit includes the ability to make multi-currency payments from a single account without having to maintain local bank accounts. This will also give bank customers access to a wider network of local clearing networks.
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.
MasterCard has kicked-off Priceless Surprises to cardholders paying with their MasterCard with Apple Pay. A new 30 second TV spot features Gwen Stefani who, with the help of a “Surprise launcher,” sends Priceless Surprises to cardholders.
Switzerland-based BPC Banking Open System announced SmartVista has been selected by Innervation Value Added Services, South Africa who is to develop new card business. Innervation has launched a full Third Party Processing Business and BPC’s solution will provide the company with all the capabilities needed to quickly create and launch a wide range of innovative local and international payment products. Innervation will use the new solution to support its customers across the African continent. Using SmartVista Innervation will launch a range of specifically tailored solutions for its clients, including instalment and revolving credit, gift, loyalty and pre-paid payment cards, travel cards and virtual accounts/wallets.
NYC-based Payoneer is now facilitating payouts for merchant suppliers on San Francisco-based Wish, a top mobile social e-commerce application that offers consumers a highly personalized shopping experience. Over the past three years, Wish has quickly grown to host more than tens of millions of users worldwide.
Fiserv has promoted Marc West as president of its Digital Channels business. In this role, West will oversee strategy, product management and marketing for a range of digital banking solutions, including the flagship Corillian Online banking and Mobiliti mobile banking product sets.
Pittsburgh-based GiftCards.com has teamed with CashStar, the digital gifting company preferred by the world’s leading brands. Under the terms of the agreement, GiftCards.com is leveraging the CashStar Exchange solution, which provides real-time access to the CashStar merchant network featuring more than 200 brands.
Global mobile marketing is expected to grow at a CAGR of 28.8% through 2019. Over the past few years SMS marketing has become a legitimate advertising channel in some parts of the world.
The world’s first interactive payment card technology with a built-in computer enables consumers to instantly switch to different currencies with the touch of a button on the card. The new interactive MasterCard is powered by Pittsburgh-based Dynamics and will be offered to issuers globally.
Miami-based YellowPepper has rolled-out the Yepex Smart Wallet in Latin America. The Company recently collaborated with eGlobal, Mexico’s
largest electronic payment processor.