CardWeb’s CardPixes database of more than 7,000 card images today features the WalMart MasterCard. The Walmart MasterCard is issued Synchrony Bank.
Visa is going all out to encourage Americans to enroll for its new single log-in online shopping payment service, Visa Checkout. Visa and Pizza Hut are offering one million free pizzas for users of Visa Checkout.
The pay-at-the-table technology company Viableware has changed its name to TableSafe. the Company says the name change is effective immediately and will help to more accurately reflect the benefits of the company’s multi-functional payment platform.
Florida-based EverBank has partnered with FIS to provide FIS People Pay to its customers. The P2P payment service eliminates funding risks as all transactions instantly debit funds from a sender’s account.
Outsourcing vault cash services to a third-party provider is a growing trend with ATM ISOs and IADs. Elan adds more ATMs with a new deal.
Nordstrom online opts for 3Delta Systems CardVault tokenization and card processing services. Nordstrom will have capability to further secure customer credit card payments without the sensitive cardholder information entering their systems or databases.
Wallaby Financial mobile and web-based credit card optimization solutions launched Wallaby for Android Wear. The product introduction further extends Wallaby’s position as the leading provider of financial services apps for wearable devices, smartphones and web. The broad market appeal of Wallaby’s credit card optimization solutions has carried over to a broad range of form factors and feature sets including Google Glass, Pebble, and Samsung devices. Android Wear offers a number of features that enhance the inherent usability of Wallaby’s credit card intelligence and recommendations. Wallaby for Android Wear allows users to activate key commands by voice in addition to other user input techniques. The app also enables users to review their current credit utilization and available credit balances directly on their device.
Fraud and risk management technology leader Kount announced the launch of Kount Central to combat fraud at the payment processor level. Kount Central is designed to integrate with online payment processors such as acquirers, payment service providers, hosted pay pages and payment gateways, enabling each to help all their merchants reduce the negative effects of fraud. As breaches become more widespread, payment processors increasingly face the challenge of providing a trusted, integrated fraud solution to merchants that reduces fraudulent transactions, while mitigating fines and penalties from regulators. As new technologies are rolled out for point-of-sale terminals at brick-and-mortar retailers, it is highly likely that cyber criminals will move online, making the challenge of a fraud-free payment process even more pronounced.
Pre-tax profits among the nation’s top four bank credit card issuers increased 2.2% in the second quarter (Q2/14), compared to one year ago. Sequentially net income rose by 2.7%, according to CardData.
NYC-based ISIS, a joint venture between AT&T Mobility, T-Mobile and Verizon, has decided to change its name to SoftCard to avoid confusion and association with a violent Islamic militant group in the Middle East whose name, when translated into English, is known by the same acronym. The intention to change the name was announced in July and decision to use Softcard was announced this week.
Phishing attacks against the users of Bitcoin sites, notably wallet service Blockchain and the exchange site Coinbase rose in Q2/14. Payoneer’s prepaid MasterCard debit cards have also been heavily attacked.
Google Wallet adds prepaid card functionality by teaming with Blackhawk. Google Wallet users will be able to take a picture of their prepaid cards using their phone’s camera.