A new study reveals several blind spots for larger merchants when it comes to converting online shoppers into buyers at checkout. The latest PYMNTS.com/BlueSnap Checkout Conversion Index shows an improvement of three points to 56.4 from Q1 2016 to Q2 this year. Only 10 websites scored an “A” (75-plus), 162 earned Bs (65-75), and nearly…
In Other News: NXT-ID (DreamTrips); INTELLICHECK (funding); REVEL (Vantiv); and CAUSE (exec). VISA Visa is now a member of the Alliance for Safe Online Pharmacies (ASOP Global), says ASOP Global’s Executive Director, Libby Baney and Martin Elliott, global head of brand protection for Visa. ACI – ACI Worldwide and PT Indopay Merchant Services (Indopay), a…
Omni-channel Managed Payment Services provider, The Logic Group,reports its Solve DataShield Payments Solution is the first in the world to receive global accreditation from the PCI Council for Point-to-Point Encryption Version 2 (P2PE v2). The key benefit of P2PE v2 is its modularity. Merchants using this solution will not only gain the established benefits…
Wirecard and Travelex have teamed to launch a new MasterCard card and app combination for UK travelers to avoid overseas debit and credit card roaming fees and charges when spending abroad. Last year, Travelex introduced Supercard on a pilot basis to help solve traveler spending woes. After a successful pilot, Supercard is now offering the…
FICO has acquired QuadMetrics to complement its FICO Falcon Cybersecurity Analytics threat detection solution. FICO also says it is developing a FICO Enterprise Security Score, which will rank an organization’s level of cybersecurity risk. QuadMetrics is a cyber risk security scoring company from Ann Arbor, Michigan. QuadMetrics leverages predictive analytics to monitor signals from open…
New research discovered smartphone users shown digital advertising at point-of-sale are more apt to pull out their iPhone to make a purchase, and even spend more during the transaction. USA Technologies (USAT) tested whether targeted point-of-sale advertising of Apple Pay acceptance would increase usage of mobile payments by consumers. Initial findings by USAT show targeted,…
Visa is adding more gas to the pipeline to accelerate EMV chip migration for U.S. merchants. Visa has streamlined its testing requirements, amended and simplified the terminal certification process, and committed to investing further resources and technical expertise in a manner that can reduce timeframes by as much as 50%. Visa is also making policy…
Oberthur Technologies (OT) has buddied with Swatch to provide contactless payment to customers in Switzerland via the Swatch Bellamy watch. OT’s FlyBuySE (Secure Element) is fully integrated within Swatch Bellamy watches and provides a high level of security while enabling seamless payments and transactions. OT’s latest portfolio covers a broad range of payment networks and…
Hong Kong-based mPOS manufacturer, BBPOS, has released WisePad2 enabling the upmost flexibility for it to be used in all environments – integrated POS, semi-integrated POS or stand-alone. The new product only requires a mobile network connection. WisePad2 does not require the necessity of carrying around a second additional device such as a tablet, as required…
Ally Bank and TD Bank have unveiled the Ally CashBack Credit Card program. The new card features an additional ten percent bonus if cash back rewards are redeemed into an Ally Bank non-IRA Online Savings, Interest Checking or Money Market Account. Ally CashBack Credit Card holders will be eligible to earn the following rewards with…