Samsung has joined the MasterCard’s Digital Enablement Express (DES) program as one of the program’s first partners. Express expedites the process of digitizing and tokenizing MasterCard accounts – giving issuers the immediate ability to participate in Samsung Pay and enabling Samsung to bring secure mobile payments to consumers more quickly, and at scale.
Convenience was the most positively discussed aspect of new digital payment methods in shopping and retail related conversations (77%), with the travel sector leading the way in terms of the highest share of coverage. According to a new survey consumers specifically highlighted their preference for not necessarily needing to take their wallet on every trip and being able to use mobile payments when they travel.
The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, representing growth of more than 100% from the end of 2014.
The online trading platform TradeEase was launched, as the first Chinese e-commerce platform for cross-border online trading specialized and customized for Russian market.
OH-based Open Cab announced the launch of a new app that enables users to book a cab worldwide without worrying about surge pricing or other inconveniences.
Acculynk has worked directly with the following regional debit networks including PULSE, Accel, Star, NYCE, Shazam and CU24 to launch a single Global True Debit gateway that enables dynamic least cost routing across these networks for e-Commerce transactions.
Brooklyn, NY-based Access One ATM, has partnered with ATM manufacturer Genmega to provide charitable donations at the ATM through a new program – Charity ATM.
Alliance Data Systems has introduced an EMV-based co-brand credit card solution with tap-and-pay functionality for its retail partners. The first of these dual-interface chip cards are co-branded with MasterCard and BJ’s Wholesale Club and the Fuel Rewards program.
Bankrate has reached a final settlement with the Securities and Exchange Commission that concludes the company’s part in its investigation related to its historical financial reporting for the quarter ended June 30, 2012.
London-based Towry, the wealth adviser, is launching a new online portal, My Towry allowing its clients to access all their personal financial information in one place.
Performance Horizon added two executives to meet the company’s growing global IT and communications needs. Alistair Wyse was appointed Chief Information Officer and Erik Mikisch was named Vice President of Marketing.
In today’s CardFlash News Que: PAYITSIMPLE (awards); SYNCHRONY (speeches); FISERV (DNA) and B2B SOFT (exhibit).