San Francisco-based Boku has officially named mopay co-founders Ingo Lippert and Christian Hinrichs as the company’s new Chief Business Officer and Chief Financial Officer, respectively. Boku recently acquired German-based mopay.
NAFCU Services Corporation announced MasterCard has become the newest Preferred Partner to join the program. The partnership was approved following a rigorous RFP process and voting by NAFCU’s three panels of credit union CEOs. Through this partnership, credit unions will have access to innovative credit, debit and prepaid solutions from MasterCard, as well as pertinent information on emerging payment technologies and advancements.
TSYS signed a new licensing agreement with FICO. The agreement will deliver a revolutionary, analytics-powered marketing product for card issuers called TSYS Targeted Messaging powered by FICO.
InComm integrated POS technology announced PayPal will utilize the InComm Digital Solutions (IDS) platform to support PayPal’s digital gifts services. IDS will enable PayPal to expand the number of leading retailers’ gift cards that it sells real-time on the PayPalDigital Gifts store and on the eBay marketplace. With this PayPal customers can now purchase digital gift cards from more of the leading brands, can quickly purchase and send digital gift cards either for gifting or self-use and can benefit from future mobile payment capabilities, driven by PayPal’s innovation and integration to the IDS platform.
The Walmart-funded Merchants Payments Coalition is hosting a briefing for members of Congress, their staffs and the press from noon to 1 p.m. Monday, Nov. 17 in room 562 of the Dirksen Senate Office Building.
CardWeb.com’s CardExecs database of card industry movers and shakers today features Jo Webber, Chairman and CEO, Founder of Oink.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the MasterCard – “Priceless Surprises” TV ad.
IN-based Allied Payment Network, a provider of online and mobile bill payment services to the financial industry, announced the availability of BizPay, a small business payments solution that enables organizations to make bill payments, send payroll funds electronically, transfer funds to an external account, and email electronic invoices to their clients from within a single platform.
With the October 2015 deadline for conversion to the EMV chip technology system less than a year away, banks and issuers are ratcheting up promotion of EMV enabled cards through enhanced customer communication and a shift in messaging within their credit card acquisition efforts.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the AeroMexico Visa Secured Card. The card is issued by U.S. Bank.
Visa’s (VS) Central Europe – Middle East – Africa (CEMEA) region Purchase Dollar Volume (PDV) rose year-on-year (Y/Y) 26.4% on a local currency basis in the third quarter (Q3/2014) to US$67 billion. Based on PDV, the VS CEMEA region is growing nearly twice as fast as the runner-up Latin American Caribbean region.
MasterCard’s APMEA Gross Dollar Volume (GDV) rose 16.4% on a local currency basis to US$340 billion in Q3/14, compared to US$321 billion in Q2/14 and US$292 billion in Q3/13. Purchase Dollar Volume (PDV) rose year-on-year (Y/Y) 19.8% on a local currency basis in the third quarter (Q1/14) to US$211 billion.