The non-profit trade association dedicated to the advancement of electronic payments and electronic commerce has added EyeLock, a marketer of iris-based identity authentication solutions, to the Board of EFTA members.
Nearly eight out of ten respondents in a recent poll expect holiday sales to be better than or the same as last year, supporting the National Retail Federation’s forecasting that holiday sales will increase by 4.1% this year. Hiring seasonal employees is another indicator of a positive outlook for the holidays.
San Jose-based SLI Systems found Cyber Monday (Dec 1) realized nearly 30% more online shopping activity than any other shopping day during the 2014 Thanksgiving-to-Cyber Monday holiday timeframe. The study spanned all e-commerce segments from apparel to electronics and included 100 of the Internet Retailer Top 1,000 retailers.
U.S. Bank’s Elavon and Bank of the West have extended their 21-year referral agreement for merchant services through 2021. Referrals for new business will be marketed through Bank of the West’s 22-state banking network of more than 650 commercial office and retail branch locations.
CardWeb.com’s CardData financial database projects among the four top U.S. payment networks Purchase Dollar Volume (PDV) will rise 9% to $1123 billion in the fourth quarter. So far this year all the payment networks are rising in PDV at a rate not seen since 2009.
Catching payment card data breaches in advance is a daunting task. However, TX-based iScan Online unveiled the worldwide availability of Data Breach Analytics.
VA-based Bella FSM, a Software-as-a-Service (SaaS) provider has added electronic signature capture. This software enhancement further streamlines business operations allowing for a true paperless process.
Broadcom has integrated NFC into its Wireless Internet Connectivity for Embedded Devices (WICED) software development kit (SDK). This new offering enables Broadcom to support the need for NFC in a wider array of products and expands its range for Internet of Things (IoT) devices.
CardWeb.com’s CardExecs database of payment industry movers and shakers today features Bharat Masrani, President and Chief Executive Officer of TD Bank Group.
CA-based MyECheck has named Jim Fancher as executive vice president to oversee the company’s growth plan, including the expansion of top and bottom line revenues.
The Citi Mobile Challenge U.S. has landed a boat load of payment innovations for 2014. Citi is now partnering to produce more solutions from the EMEA in 2015.
Despite the Republican rantings, via Roger Ailes’ Fox News, that the country is on the wrong course, a new poll shows half of American’s predict that their financial situation will be better at this time next year and well beyond their personal status at the end of 2008.