Despite rumors of a forthcoming obituary the MCX CurrentC mobile payment platform is alive and says it will Beta launch in Columbus in the coming weeks. This week they inked deal to add seamless digital manufacturer coupons with payment at the point-of-sale (POS).
eGifts are hot as new consumer research shows for the first time, more than half of gift card buyers have also tried egifts. Fifty-three percent of the gift card buyers surveyed purchased an egift within the last year and 94% bought more or the same amount of egifts in the last 12 months compared to a year ago.
The UK ‘tap & go’ limit for transactions on all contactless payments cards will increase from £20 to £30 on Sept 1 and it is expected to drive a surge in contactless payments.
UnionPay International, BCEL and Lao Airlines to gearing up to launch the first aviation co-branded UnionPay credit card. The aviation co-branded UnionPay credit cards issued based on the partnership will cover classic cards, gold cards and platinum cards.
Convenience store chain Sheetz has inked a deal with First Bankcard to offer its first private label credit card. Sheetz has more than 500 locations in the mid-Atlantic region. First Bankcard is a division of First National Bank of Omaha.
Terbium Labs, a security software company that proactively searches for stolen data on the Dark Web using a patented, privacy-protected, data fingerprinting technique, is using the MapR Distribution as the big data platform for Matchlight, a first-of-its-kind data intelligence system.
Fingerprint Cards has scored a big one with QiKu. The Qihoo 360 smartphone brand, announced three Android smartphones, “Professional version”, “Flagship version” and “Young version”, all featuring FPC’s touch fingerprint sensor FPC1025.
A new report suggests co-branded credit cards last year generated 31% of general purpose credit card purchase volume, or $809 billion among Visa, MasterCard, Discover and American Express branded credit and charge cards. Roughly 43% of U.S. adult consumers own at least one co-branded or affinity credit card.
Delinquency rates (90+ days) in Canada for credit cards inched up slightly in the second quarter. However, overall delinquency among all loans declined by more than 4%.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Tony Gallippi, Co-Founder, Executive Chairman of BitPay.
CardWeb.com’s CardData database of Company Profiles today features F-Secure.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Bank Norwegian Bank Cash Points Visa.