Apple’s current business model follows a cooperative approach, with almost all major card networks, issuers and acquirers supporting the launch of Apple Pay. EMV migration in the US plays a pivotal role in Apple Pay’s adoption.
Effective onboarding and activation that emphasizes customer engagement can help financial institutions boost profitability says a new report.
UnionPay International and Canada’s TD Merchant Services have entered into an agreement regarding TD’s acceptance of UnionPay cards in North America, beginning later this year.
CA-based Tipalti has debuted new functionality in its platform for European VAT and tax number support and identification document management.
Capital One and General Motors have expanded their co-brand card partnership with the launch of the BuyPower Business Card.
EVO Payments International (EVO) announced a partnership that will provide integrated payment processing for direct response merchants and service providers globally.
PayItSimple announced the completion of integration with Stripe. PayItSimple allows ecommerce merchants to add instant, interest-free consumer financing to their checkout process.
Firefly Retail has hit the market, an Android-based solution that gives small and mid-size retail businesses access to the same industry tools and innovations as major U.S. retailers, and assumes the responsibility of other costly business solutions and outside vendor services.
PayAnywhere has unveiled PayAnywhere 3.0 for iPad and PayAnywhere Storefront 3.2. The updates include a variety of features to improve inventory management, speed up the checkout process and more.
The Barclays Accelerator, powered by Techstars, will open in New York in July 2015. The program will provide the opportunity for ten companies to participate in thirteen weeks of intensive networking, mentoring and development, aimed at supporting breakthrough financial technology innovations.
NY-based iPayment added four new members to its Board, including David R. Hughes, Marshall J. Lux, Michael P. Monaco and Brian V. Mooney
InterMoney Exchange has launched a new global feature – withdrawing Bitcoins directly to credit/debit card. It works with both Visa and MasterCard providers. Credit and debit cards of different types including prepaid are supported.