A Missouri online payday loan company has been shuttered by The Federal Trade Commission (FTC). The firm allegedly bilked consumers out of tens of millions of dollars by trapping them into loans they never authorized and then using the supposed “loans” as a pretext to take money from their bank accounts.
Expedia has teamed with Citibank to launch a new travel cobranded credit card program to accelerate earning Expedia+ rewards bonus points. The program includes two new chip-enabled credit cards, the Expedia+ Card and the Expedia+ Voyager Card from Citi which run on the MasterCard network.
Atlanta-based ControlScan, a specialist in security and compliance solutions for small and mid-sized businesses (SMBs), has released its annual Mobile Payment Acceptance Survey helps ISOs, acquirers and other merchant service providers (MSPs) gauge mobile technology usage and requirements among the SMBs they serve.
DirectCash Payments entered into an agreement to acquire the ATM business of EzeATM. The transaction is expected to bolster the Company’s existing leading position in Australia.
CardWeb’s CardExecs database today features June Lee Felix, President of Europe and member of VeriFone’s Management Committee. VeriFone is one of the largest payments service providers in the UK.
FreedomPay Commerce Platform PCI-Validated P2PE mWallet EMV solution will be implemented is to be implemented with Apple Pay. FreedomPay Commerce Platform is broadly integrated with POS systems and technologies that allow individual merchants and enterprises a single platform to accept all traditional and emerging payment technologies, including via mobile, EMV and card not present.
CA-based Blackhawk Nation has closed on its transaction to acquire TX-based CardLab. CardLab.com is among the largest online stores focused solely on prepaid incentive cards. CardLab currently supports over 9,000 corporate clients.
ArrivaPay Plus, utilized by three of the nation’s top five banks, has been beefed-up with new features. The enhancements include: sophisticated analytics capabilities to brands; enhanced reporting features to merchants via an online web companion porta; iPhone 6/iOS8 compatibility; and compliance with Americans with Disabilities Act (ADA) regulations.
Discover Financial Services has issed D-PAS certification to Oberthur Technologies’ Cosmo RSA v5, for use throughout the Discover Global Network, which includes Discover, Diners Club International, PULSE and global network relationships.
Apriva end-to-end wireless transactions, gateway services, and secure information solutions, expanded features within AprivaPay Plus POS software. AprivaPay Plus now delivers highly sophisticated analytics capabilities to brands, enhanced reporting features to merchants via an online web companion portal, iPhone 6/iOS8 compatibility and compliance with Americans with Disabilities Act (ADA) regulations. M-commerce will be the dominant business model, with $516 billion in sales driving more than 70 percent of all mobile internet revenue by 2017. As the industry grows, enhanced analytics, functionality, broader language support, and robust reporting for both merchants and brands are becoming more critical. Brands using AprivaPay Plus as a white-labeled application will now be able to access detailed anonymized analytics on their brand’s user base including demographics, geo-location, user engagement statistics, device information and marketing data, allowing them to identify their precise user-base, tailor their application accordingly and drive future business via key performance indicators.
VA-based Transaction Network Services has introduced managed POS encryption which includes support for the VeriShield Protect end-to-end encryption solution from VeriFone and Trustwave’s hardware-agnostic point-to-point encryption. The point-to-point encryption solutions will help merchants protect sensitive cardholder data.
Panasonic Avionics Corporation (Panasonic) is introducing EMV-compliant Near-Field Communication (NFC) technology in its in-flight entertainment (IFE) systems. Industry observers had recently predicted on-board NFC applications were years away, but Panasonic will be launching the technology with airlines in the summer of 2015. Passengers and crew will be able to use NFC-enabled smart phones and cards in-flight for high value transactions and purchases; synchronization of personal data to create just-for-me experiences; recognition of a passenger’s Frequent Flyer status via NFC card or phone, giving access to benefits or promotions, such as free Wi-Fi for Gold members; and pairing of NFC-enabled devices with the embedded IFEC system, allowing airlines to push information to passengers during their flight.