American Express (AmEx) reported U.S. card service after-tax income rose 13.7% year-on-year (Y/Y) in the third quarter (Q3/14) to $889 million, compared to $782 million one-year ago.
eBay’s PayPal net total payment volume (TPV) grew 29% with Merchant Services volume up 37% and on-eBay volume up 9%. Revenue grew to $2.0 billion.
Payment cards gross dollar volume (GDV) in Belgium will likely top US$200 billion by 2018. GDV is expected to grow over the forecast period at a CAGR of 5.96%.
Payment solutions and card technology provider Morpho (Safran) has teamed with Perfect Plastic Printing to accelerate their partnership in EMV card production.
The world’s largest retail ATM owner/operator, is now taking ATMs to the next level by adding digital rewards, money-saving deals and discounts. The new ALLTM™ Network from Cardtronics offers the new cash + digital rewards at stores hosting an ALLTM.
London-based CellPoint Mobile has launched the Mobile Fraud Suite to help airlines combat, detect and prevent the emerging and growing issue of loyalty fraud in frequent-flyer and airline miles programs.
CardWeb.com’s CardExecs database of card industry movers and shakers today features Diane Offereins, Executive Vice President and President of Payment Services at Discover Financial Services.
Intel Corporation has introduced the industry’s first solution to provide end-to-end encryption of consumer and financial data that is built into the point of sale (POS) platforms.
Cloud-based small business technology provider ShopKeep is adding an NFC for Apple Pay enabled card reader. The new card reader will be available for purchase in November.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the Korean Air Skypass Signature Visa. The card is issued by U.S. Bank.
Nordic financial services company EnterCard extended its existing outsourcing agreement with Tieto worth about EUR 20million. This will include the modernization of EnterCard’s IT environment with new technical solutions based on cloud and capacity services.
Customer service leader Aramark will pilot acceptance of mobile payments from Apple Pay and Softcard at select arenas this hockey season. In partnership with the Pittsburgh Penguins, Aramark will begin accepting Apple Pay as a method of payment for food and beverage purchases made at CONSOL Energy Center.