Two Tap unveiled Two Tap Crossborder, the first fully automated service that allows consumers outside of the U.S. to order products from American retailers just as easy as buying locally in their own country. U.S. retailers can now expand global sales to shoppers anywhere in the world without making any changes to their existing infrastructure.…
A new survey finds 63% of U.S. adults bought prepaid cards in year preceding the June 2015 survey, up from 61% in 2015 and 56% in 2014. Retailer-specific cards are the most popular type of prepaid cards, bought by 45% of U.S. adults, up from 41% in 2015. Mercator Advisory Group’s most recent Insight Summary…
The EMV cards market is in its growth stage. However, the market is fragmented with the presence of multiple vendors that have been developing contact cards and contactless cards. Technavio announced the top seven leading vendors that are expected to impact the market during the forecast period, in their recent global Europay, MasterCard, and Visa…
Wirecard is now collaborating with topbonus, the frequent flyer program of airberlin. The deal includes a MasterCard credit card for topbonus participants in Austria. With the airberlin & NIKI MasterCard, customers can collect one award and status mile for each Euro spent on the credit card. Users can easily redeem these miles for flights with…
UnionPay cards can now be used at more than 170 merchants in Japan providing exclusive privileges and services for cardholders with UnionPay platinum cards and diamond cards, collectively called “premium card” issued around the globe. To date, over 5.4 billion UnionPay cards have been issued worldwide, and the number of premium card holders is increasing.…
In Other News: JCB (Vietnam); LEVVEL (acquisition); QTS (PCI); and CITI (app). JCB – JCB International officially held an event for its 25-year anniversary in Vietnam. In this memorial year, JCB announced that JCB had set a new office in Ho Chi Minh City to enhance brand presence in the market. LEVVEL – Levvel, LLC,…
Oberthur Technologies announced its embedded Secure Element, PEARL by OT, is the first eSE worldwide to be certified by Visa, MasterCard and Amex for biometric-compliant payment applets (VISA VMPA v1.4, MasterCard MCM v1.1 and AMEX v2.0), as well as by OSPT Alliance (CIPURSE™ V2) for urban transport applications and value added services. With these new…
Miami-based CheckAlt has inked a renewal and an expansion agreement with ItalBank international. CheckAlt will now process all deposits made at ItalBank’s branches, including inclearings processing and CheckAlt Archive. The renewal agreement also includes ItalBank continuing to offer CheckAlt’s Business Capture solution to ItalBank’s business customers. CheckAlt’s Branch Capture consolidates the item processing stream within…
TX-based Soar Payments, a top credit card processor for high risk merchants, now defaults all new clients to enroll in Chargeback’s unique technology-driven solution; sending a strong signal to its merchant clientele that customer disputes need to be taken seriously and managed with proper tools and resources from day one. With Chargeback, Soar Payments’ clients…
Asia-Pacific nearly doubles 2015 fintech financing in the first half of 2016 to the tune of nearly $10 billion, primarily driven by China. Investments in Asia-Pacific have eclipsed North America, which as of July 31 garnered $4.58 billion in fintech investments; and also tops Europe, which attracted $1.85 billion in the same period. More specially investments…
The Wirecard Group with its Turkish subsidiary Wirecard Ödeme Ve Elektronik Para Hizmetleri inked a deal to work together with one of the biggest booking platforms in the Turkish domestic market that offers worldwide travels to its customers, Otelz.com. This cooperation includes that Wirecard processes all credit card payments via the online platform and acquires…
New research reveals most retailers are not successfully executing their social media strategies. About 81% of retailers use social media to engage with customers acknowledge indicate their processes need improvement. According to the BRP SPECIAL REPORT: Enhancing Customer Engagement Through Social Media, social media provides retailers with unprecedented visibility into their customer base. It provides…