In today’s CardFlash News Que: WENTWORTH (FIS); UNIONPAY (Taiwan); AMEX (GBT); and DIGITZS (funding).
WENTWORTH – The J.G. Wentworth Company has signed agreements to partner with FIS and MetaBank to enter the prepaid category. FIS, a global leader in banking and payments technology, will serve as the processor and MetaBank will act as the issuing bank.
UNIONPAY – UnionPay International has partnered with Taiwan’s largest duty free group Ever Rich to launch a new service that allows consumers to order online and make payments to pick up at the airport while rolling out exclusive offers that last for two month for paying with UnionPay cards. Cardholders traveling to Taiwan can make their purchases online in advance to shorten their shopping time in Taiwan, avoid the inconvenience of carrying a large number of items during their journey, and enjoy more convenient payment service and more flexible traveling experience.
AMEX “American Express Global Business Travel (GBT) and American Express Company announced the expansion of their existing corporate travel and payments relationships with Merck, known as MSD outside the United States and Canada. In addition, GBT will become the global (North America, Europe, Middle East, Africa and Latin America) provider for end-to-end strategic meetings management services to Merck. American Express Meetings & Events, a division of GBT, was selected to consolidate suppliers for strategic meetings management while enhancing compliance, transparency, and service excellence for those efforts.
DIGITZS – Digitzs announced the launch of an equity crowdfunding campaign on Crowdfunder to raise $500,000. Digitzs founders, Laura Wagner and the first CFO of PayPal, David Jaques, will use the funds to complete the Digitzs’ suite of payment solutions, which will launch this summer.