The US Patent & Trademark Office last week published Apple’s latest trademark filing for their updated “Passbook” icon which adds the new Apple Pay component to the top layer of the icon. The actual filing was made September 29.
Researchers have recently discovered the Tyupkin malware used to infect ATMs and allow attackers to remove money via direct manipulation, stealing millions of dollars. The creators are very smart and clever and go to great lengths to disguise their successful ruse.
MN-based Datacard unveils a new card delivery and envelope insertion systems for high volume card programs. The new products include the DX5100 card delivery system, as well as the Datacard MXi810 and MXi610 envelope insertion systems.
Sunoco has picked VeriFone as the exclusive media provider for Sunoco’s fueling islands. The Company says it sought a PCI-compliant and EMV-ready payment platform to engage consumers during fueling.
Blockchain, the world’s largest bitcoin wallet provider, has scored major funding from Lightspeed Venture Partners and Wicklow Capital. The Company landed Series A funding of more than $30 million.
San Francisco-based Boku has acquired Germany-based mopay for an undisclosed amount. Nevertheless, the deal makes Boku the largest standalone provider of carrier billing-based mobile payment services in the world.
Card-based decoupled debit (ACH) payment solutions provider, National Payment Card Association (NPCA), has changed its name ZipLine. The company also hired a new CEO.
Palo Alto, CA-based Plastc unveiled its secure digital card that consolidates credit & debit cards, loyalty and gift cards, access cards and coupons. The new Plastc Card comes with a proprietary wafer thin digital display using E-Ink technology that shows your name, credit card, and barcodes.
Earthport inked a white labeling contract with Standard Chartered for undisclosed terms. Standard Chartered white-labelling the Earthport collaboration will bring the benefits of our innovative payments service to the bank’s customers.
With the average cost of a data breach at $136 per record, and the cost of non-compliance with PCI being on average, more than 2.5 times greater than compliance, brands and call centers are more focused than ever on becoming PCI compliant.
Minneapolis-based Digital River has signed multiple payments agreements with Klarna, a Stockholm-based payment provider. As part of another agreement, Klarna is using the Digital River World Payments solution to process consumers’ credit card and online bank transfer payments through Digital River’s international payment gateway.
Balance transfer fees may soon gain traction in the Australian market with new legislation affecting the allocation of credit card repayments. This will affect the profitability of balance transfer offers in Australia, thus pressuring the introduction of balance transfer fees.