Diamond Resorts International has teamed with Barclaycard US, announced to launch the new Diamond Resorts MasterCard. The new card will be offered to customers at the point of sale at all vacation ownership sales centers throughout the United States.
The vast majority of Indian consumers (88%) but fewer than half (45%) say retailer data have read or heard about major retailer data breaches in the past year, breaches have increased their concerns about their personal data privacy during the same period. The majority (46%) characterize the way they manage data privacy on connected devices they own as Take-Charge rather than Reactive (39%) or Passive (15%).
Spending growth for all card types (credit, PIN and SIG debit) experienced a healthy increase in October. Dollar volume growth of 5.5% on credit outperformed both SIG and PIN debit growth of 2.1% and 2.5%,
AltaPay, a payment management company based in Copenhagen, has joined the NetSuite SuitePayments program to offer businesses payment options when using NetSuite’s SuiteCommerce platform.
Dallas-based Calpian has successfully enabled Apple Pay for its merchant customers as they respond to growing consumer interest in the new mobile payment service. In the process of updating equipment and installing Apple services, Calpian merchants report experiencing multiple benefits, including increased security and faster throughput at checkout.
Trucoin announced that customers in 26 states can now buy bitcoin using their Visa or MasterCards online, a partnership with BitPay to sponsor the Bitcoin St. Petersburg Bowl. Trucoin will be the preferred Bitcoin ATM provider at the St. Petersburg, FL event that will be broadcast to millions by ESPN.
Macy’s and Citi Retail Services announced the early renewal and long-term extension of their credit card services agreement. This new agreement, to run through March 2025, with substantially similar financial terms.
Net Element released a new version of Aptito. This cloud based, point of sale (POS) platform for the hospitality industry has been optimized for iOS 8.1 and upgraded to add many new features, including business management and analytics.
Houston-based Evolve Money, the free bill payment app for desktop and mobile devices owned by PreCash, now offers its customers the option to pay their bills with credit cards. Discover is the first credit card accepted for payment using the mobile app, with plans to support VISA and MasterCardin 2015.
San Francisco-based Revel Systems has secured approximately $100 million Series C funding from New York City-based private equity firm Welsh, Carson, Anderson & Stowe and other strategic investors. The round includes an initial $65 million investment from WCAS and an additional $25 million equity line available from WCAS.
Seatlle-based SinglePoint has finalized an ISO Partnership Agreement with RedFynn Technologies, a payment processing and business solutions provider.
NFC was losing steam in last couple of years after initial hype. There were half hearted attempts but as soon as Apple announced iphones with NFC, the entire segment looks like as if it’s on steroids right now. The boardrooms are busy these days in any company connected to NFC terminals or payments.