In Other News: TSYS (Swisscard); HOTHAND (patent); EXPERIAN (award); and NCR (move).
TSYS – TSYS has extended its payments agreement with Swisscard AECS to continue processing the company’s consumer credit and commercial card portfolios on the TS2 platform, as well as to provide other payment services. Swisscard AECS is a joint venture between Credit Suisse AG and American Express.
HOTHAND – HotHand has been awarded a patent covering the association of one’s debit or credit card information with a mobile device to execute commercial transactions, which is now a ubiquitous feature of all conventional mobile payment and mobile commerce platforms.
EXPERIAN – Experian has been selected as one of the leading players in the fraud detection and prevention space in Juniper Research’s Online Payment Fraud strategies report.
NCR – NCR will move its Hyderabad R&D facility to a new, state-of-the-art location at Raheja Mindspace in Hyderabad to be ready by early 2017. This new facility will be one of the global centers of excellence for NCR as part of its transformational journey towards leadership in the omni-channel evolution.