Redwood City,CA -based Flint Mobile unveiled a new ‘Sell Online’ feature that brings easy online transaction capabilities to the Flint platform without requiring merchants to set up a separate e-commerce service.
The top four U.S. Visa and MasterCard issuers are seeing a credit quality reversal as delinquency rates headed higher in the third quarter. Chase, Capital One and Citibank all reported upticks in the 30+ day delinquency rate, while Bank of America held steady.
MI-based North American Bancard (NAB) has swallowed up Electronic Payment Exchange (EPX) for an disclosed amount. NAB is among the nation’s top payment services companies and the leading provider of the PayAnywhere suite of mobile point of sale solutions. EPX is a global, full-service credit card, debit card, stored value, and electronic check payment transaction processor.
MasterCard has launched the MasterCard Nearby App enabling on-the-go consumers to easily find the more than 220,000 merchants in the U.S. – including Subway, Toys R’ Us, Walgreens, Whole Foods Market and all Apple Store retail locations – that accept contactless payments.
Pre-tax profits among the nation’s top four bank credit card issuers declined 10.7% in the third quarter (Q3/14), compared to one year ago. Sequentially net income rose by 9.4%, according to CardData.
The 2013 holiday season witnessed a seismic shift in consumer behavior in which many traditional brick-and-mortar retailers experienced a decline in foot traffic compared to significant growth in online shopping. For example, retailers like Starbucks are radically redefining the retail experience by shifting to food trucks on college campuses.
Currently, 63% of business owners maintain a positive outlook, a level not reached since fall of 2007 (64%). Stronger revenue growth could be fueling this optimism as more entrepreneurs say their revenues are higher when compared to a year ago (42%, up from 38% in 2013).
CardWeb.com’s CardExecs da tabase of card industry movers and shakers today features Marty Moretti, Chief Service Officer of Heartland Payment Systems. Heartland is the fifth largest payment processor in the USA.
NYC-based CardFlight and Anovia Payments have teamed agreement to provide customized mobile payment solutions to Anovia’s VARs, partners and merchants.
Austin, TX-based Unwired Nation has introduced the next-generation of its mobile banking platform, Unwired Bankin to meet the needs of community-focused financial institutions in the US.
Denver-based Connect POS announced the integration of its mobile point-of-sale app for iPad into the Intuit App Center. With this integration, iConnect POS becomes the first cloud-based point-of-sale (POS) system to be fully integrated with QuickBooks Online.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the BBVA Compass Optimizer Visa card. The secured card is issued by BBVA Compass .