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Top 4 3Q US CIF

U.S. Credit Cards-in-Force (CIF) among the Top 4 issuers were slipped 0.5% year-on-year (YOY) at the end of the third quarter, down 1.1 million (estimated) cards to 229.9 million cards.


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UnionPay Apple Pay

On again, off again, but now UnionPay has buddied up to bring Apple Pay into China. In a few months China UnionPay cardholders will be able to add their bank cards to Apple Pay on iPhone, Apple Watch and iPad.


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SME Alt-Loans

While demand for funding by SME’s (small mid-sized enterprises) is down, new research reveals an increase in access from alternative business financing options. Bank loan financing currently has only a 35% financing success rate and is driving alternative sources.


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Bluebird Gizmos

Seoul-based Bluebird has unleashed five brand new products on the payments market. The new gizmos include the EF500, EF500R, ET100, RT100, and MT280.


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Samsung Pay

Samsung Pay has corralled another 19 issuers including support for eligible PNC Visa credit and debit cards and KeyBank MasterCard credit and debit cards.


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Hello Paisa & HomeSend

HomeSend, the international payment and money transfer hub, has launched live remittance services for Johannesburg-based Hello Paisa, a South African money transfer operator.


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CvvPlus & CNP

The new CvvPlus real-time, dual-factor, out-of-band, fraud prevention solution authenticates cardholders conducting Card-Not-Present (CNP) transactions. This is the first product from FL-based Tender Armor.


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Square 3Q/15

Square reported total revenue of $892.8 million for the nine month period ending with the close of the third quarter (3Q/15), a 49% year-on-year (YOY) increase over the same period in 2014.


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Masabi Funding

London-based Masabi, a specialist in mobile ticketing and innovative fare collection for transportation, snagged a $12 million funding round.


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TSYS 3Q/15

GA-based acquirer TSYS reported a solid third quarter as total revenues hit $707.9 million, an increase of 14.8% over the prior year. Net income soared by 43.3% year-on-year (YOY) from $85.2 million in 3Q/14 to $122.1 million in 3Q/15.