MasterCard takes the lead in the second quarter for U.S. gross dollar volume with a 9.2% year-on-year gain, compared to Visa’s 9.1%, American Express’ 6.0% gain and Discover 6.0% gain. Based on U.S. GDV, VS and MC tied the four networks in Y/Y gains in market share for the U.S., gaining 10 basis points (bps) Y/Y. AX was flat Y/Y and DS decreased by 10 bps.
Diebold announced Alan Kerr has been named executive vice president, software. An experienced software and field operations leader, Kerr will build the strategy for the company’s global software organization. With more than 25 years of senior-level experience, he has held senior leadership positions with several IT software and services leaders. An experienced change management leader, he successfully restructured the sales operations and helped deliver revenue in excess of $3 billion.
Sphonic announced Tom Sullivan has joined the company launch their products into the “Americas” market. Tom Sullivan comes with a wealth of experience within the digital payments & fraud prevention industry, having spent the last twelve years at Expedia Inc. as Senior Director, Global Risk & Payments. In parrallel, Tom has been the Chairman of Merchant Risk Council, driving the organisation’s impressive growth over the last 10 years. Tom joins Sphonic Americas, to replicate Sphonic’s successes in Europe in providing innovative solutions for risk management and customer acceptance to a range of digital clients.
MasterCard and SFX Entertainment today announced a multi-year global partnership that will bring innovative technology solutions to the SFX platform and further strengthen MasterCard’s commitment to being an experiential brand in music and entertainment. MasterCard will simplify the way hundreds of millions of electronic dance music (EDM) fans worldwide can access SFX events, engage with content and connect with their community. SFX Entertainment, Inc. is the largest global producer of live events and digital entertainment content focused exclusively on electronic music culture and other world-class festivals.
Square picks up an explosive restaurant delivery service. Caviar has expanded its service to Boston, Chicago, New York, Seattle, Los Angeles, and Washington D.C. The company’s order volume has grown more than 500% year over year.
Big changes in the works for the BJ’s MasterCard as Alliance Data Systems takes the helm by the end of this year. The BJ’s card portfolio will transition to MasterCard and can be used anywhere MasterCard is accepted across the globe. In the spring of 2015, the entire BJ’s credit portfolio will be converted to chip-enabled MasterCard credit cards.
MasterCard and SFX Entertainment announced a multi-year global partnership to further strengthen MasterCard’s commitment to being an experiential brand in music and entertainment. MasterCard will simplify the way hundreds of millions of electronic dance music (EDM) fans worldwide can access SFX events, engage with content and connect with their community. Through its Priceless platform, MasterCard will also create surprise and delight experiences for fans, starting this fall. SFX will leverage MasterCard’s innovative technologies for its digital and physical platforms including ticketing, retail, live events and social networking, pioneering a new model for enterprise-wide partnerships. MasterCard becomes the exclusive financial services sponsor for all of SFX’s platforms.
First Data beefs up prepaid market with the acquisition of Gyft. First Data’s clients, including its more than 300 national retail prepaid clients, will now have access to a new and growing distribution channel to adopt the next level of gifting, expand their gift card footprint and programs and add choice for consumers.
NCR hires a heavy hitter for its Retail Solutions Division. Michael Bayer comes with credentials from Avaya EMEA, Motorola, Symbol Technologies and Cisco. Bayer will report to NCR Chairman and CEO Bill Nuti.
Datacard has been positioned by ABI Research as one of the top leaders in their 2014 competitive assessment for Government and Healthcare ID: Smart Card and Legacy Credentials .This vendor matrix represents ABI Research’s ranking of the leading smart card and legacy credential vendors active within the government, healthcare and citizen ID ecosystem. The vendors were assessed on implementation and innovation – including global reach, breadth of services offered, multi-application capabilities and support of market convergence, level of security, e-government services, among others.Datacard Group was ranked as a leader due to the high assessment rating it received for its extensive distribution channels and global reach, its market share of e-government ID implementations around the world, and continued commitment to offer innovative technologies to the government sector. To-date, Datacard Group is implemented in 18 of the 20 largest e-government programs and has over 400 government projects around the world. Additionally, roughly 165,000 passports, 10 million credentials, and 5 million smart cards are issued daily using the company’s solutions.
U.S. Bank unveils a set of new tools for making cardless “virtual” travel spending faster, easier and more secure. One of new tools offers real-time credit limit change capability for Travel VirtualPay allows for instant anytime adjustment.
TD Bank has introduced its Mobile Account Opening, allowing customers to open personal banking accounts using their smart phone at TDbank.com with an experience specifically designed and tailored for a mobile device. Mobile Account Opening can be used to open checking, savings, money market, or CD accounts by simply accessing TDBank.com using an Android™ or iPhone® smart phone.