CardFlash News Briefs: VELOCITY (launch); BHG (loans); KBC (MasterPass); and I-VEND (report).
VELOCITY – Velocity Mobile announces its Miami launch and its initial restaurant partners including local premier spots 27 Restaurant & Bar, Alter, Bagatelle, The Broken Shaker, Casa Tua, Coya, The Dutch, Driftwood Room, Drunken Dragon, Lure Fishbar, and Rockwell. Velocity has initially launched Miami with its mobile payments application, and will introduce the fully integrated app featuring exclusive reservations, payments, and a global loyalty platform in the first quarter of 2016.
BHG – Since 2001, Bankers Healthcare Group has built its business on meeting the business financing needs of healthcare professionals. Now, BHG is pleased to introduce its personal financing program, giving providers peace of mind at home so they can focus on their careers. The program offers unsecured loans from $10,000 to $150,000 with competitive APRs, flexible terms and no lockout or prepayment penalty. Loan amounts and APRs are based on credit approval. Additionally, borrowers will not have the loan reported on their personal credit.
KBC – KBC Bank has become Ireland’s first card issuer to offer the MasterPass digital payment solution and it is now available for customers to use. Customers who use the solution will be able to buy goods, or pay for services, at a diverse range of online sites around the world. MasterPass is widely available in the UK and there are many more Irish retailers due to start accepting it in early 2016.
I-VEND – A comprehensive retail market report titled “Great Omnichannel Expectations,” reveals that the physical store is falling short of meeting consumer expectations for personalization. Commissioned by iVend Retail, a leading provider of omnichannel retail software by CitiXsys, the report provides insight on how retailers can deliver experiences that meets the expectations of today’s shopper.