Top 3 Emerging Trends for U.S. EMV POS Terminal Market

Top 3 Emerging Trends for U.S. EMV POS Terminal Market

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] A new market research study identifies the following three emerging trends expected to propel the growth of the EVM POS terminal market in the US: shift toward cloud-based solutions; big data management; and need for effective information management. The Technavio “EMV (Europay, MasterCard and Visa) POS terminal market in the US”…

Discovering Real Marketing Value in Mobile Payments

Discovering Real Marketing Value in Mobile Payments

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Businesses are a bit blind to the tremendous potential mobile payments offers. Crafting powerful, customer-centric marketing messages is only one element. BluePay, a provider of technology-enabled payment processing for merchants and suppliers, notes now is the critical time to harness the power of m-payments given smartphone ownership has reached critical mass…

Convego CloudPay Integrates with Visa Token Service

Convego CloudPay Integrates with Visa Token Service

Giesecke & Devrient (G&D) is integrating its Convego CloudPay solution with Visa Token Service (VTS). G&D’s Convego CloudPay solution provides provisioning and life-cycle management services for payment applications on HCE (Host Card Emulation) enabled mobile devices. The relationship with Visa allows G&D to request and provide payment tokens from VTS to Visa issuers’ HCE mobile…

BRIEFS: SYNCHRONY; SVM; CUNEXUS; and GIFTLOGIC

In Other News: SYNCHRONY (La-Z-Boy); SVM (Peoples Trust); CUNEXUS (DCU); and GIFTLOGIC (receipts). SYNCHRONY – Synchrony Financial inked a multi-year extension of its private label credit card program agreement with leading national furniture retailer La-Z-Boy. SVM- Peoples Trust, a federally chartered prepaid card issuer in Canada, has expanded its issuing services to SVM, a leader…

US EMV Reeling from Merchant & Consumer Frustration

US EMV Reeling from Merchant & Consumer Frustration

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The EMV migration in the U.S. turned the payment card market on its head during the first quarter (1Q/16), as merchants struggled to catch up and assist/educate frustrated customers. During 1Q/16 EMVCo updated its EMV Payment Tokenization Specification – Technical Framework bulletin. The update will provide the payment community with a…

Rough 4Q Ride for Green Dot But GDV +6% PDV +9%

Rough 4Q Ride for Green Dot But GDV +6% PDV +9%

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CA-based prepaid card specialist Green Dot reported flat revenues, a net loss and a drop in active cards for the fourth quarter (4Q/15). However, gross dollar volume (GDV) was up 5.8% year-on-year (YOY) and purchase dollar volume (PDV) increased 9.0% YOY for 4Q/15. Gross revenues for the fourth quarter were $150.9…