Compass Plus announced the migration of Global Processing Centre in Antigua, the third largest processor in the Caribbean region, to its open development payments platform, TranzAxis, in just three months.
Paris-based Oberthur Technologies and Canada-based Mobeewave, a key actor in mobile payment, are announcing a solution – Flying mPOS – turning any NFC device equipped with OT’s PEARL eSE into a secure mobile payment terminal (mPOS).
Discover’s Payment Services dollar volume was $80.2 billion for the third quarter of 2014, up 4% from the prior year. PULSE transaction dollar volume was up 3% year-over-year.
American Express launched a redesigned customer website, to enhance the cardholder’s digital experience by providing increased financial clarity, simplifying online payments, and providing new account and spending insights.
Equifax has formed a strategic alliance with Argus Information and Advisory Services, a Verisk Analytics business and provider of analytics, information, and solutions to consumer banks and their regulators.
Visa’s CyberSource unit racked up more than 1.9 billion transactions in the third quarter but continues to slow year-on-year. The decelerating CyberSource transaction growth is among the factors in a drag on Visa’s stock.
The NCR Silver cloud-based point-of-sale (POS) system for small businesses such as retail shops, cafes and food trucks will now offer merchants the ability to accept bitcoins as payment.
JetPay has closed on the acquisition of ACI Merchant Systems, a Langhorne, PA- based debit and credit card processing company. The combined company will process approximately $20 billion in payments for approximately 14,000 businesses throughout the USA.
American Savings Bankand First Bankcard have launched the new American Savings Bank Maximum Rewards Visa Card designed with home improvement benefits in mind.
Reval scalable and integrated Treasury and Risk Management (TRM) solution partnered Fiserv financial services technology solutions. Reval clients can now leverage Weiland BRMedge from Fiserv for automated world-class bank fee analysis. BRMedge scans every line of every statement looking for more than 30 categories of potential errors. The system automatically notifies banks regarding billing errors, allocates charges to business units and posts fees to the corporate’s general ledger. It also enables treasuries to analyze the entire cash flow cycle, budget for future bank fees, and model different balance, service and calculation scenarios.
Over the past year bank-issued credit card limits have soared by 43.5% to $12.68 billion. Retail-issued credit card limits also rose by16.2% to $6.87 billion.
NJ-based Heartland Payment Systems has acquired foodservice industry enterprise-level POS (point of sale) software provider, XPIENT Solutions. XPIENT provides advanced technology to 11 of the top 25 quick service and fast casual restaurant brands, including Taco Bell, Jack in the Box, Panera Bread, and Panda Express.