Iris recognition for phones, PCs and payments continues to gain more traction as the arrows NX F-02H launched by NTT DOCOMO is now incorporating CA-based Delta ID’s ActiveIRIS for biometric authentication.
Mozido has unleashed its new host card emulation (HCE) product, Mozido HCE. Additionally, Taiwan Mobile Payments. (TWMP) has chosen Mozido as provider for its HCE and tokenization services to its consortium of 27 Taiwanese banks and financial institutions.
Capital One’s third quarter earnings were relatively good as the company delivered a 1.43% return on average assets (ROAA), up from the sequential quarter which was impacted by a large restructuring charge, but down 8 basis points from the year-ago quarter.
Toronto-based GoldMoney has ankled Katie Sokalsky, CPA, CA, as Chief Financial Officer, and Kate Millington as General Counsel of GoldMoney. GoldMoney also completes the previously planned addition of James Turk and Hector Fleming to the board of directors.
Sequent Software has launched the first Token Service Platform (TSP) to support all types of cards including credit, debit, prepaid and access control credentials. Compatible with all major credit and debit card networks, Sequent Token Service Platform allows banks to deploy a single solution to support their entire credit and debit card portfolio plus profitable private label and prepaid cards.
The Clearing House (TCH) has inked a LOI with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time payment system for the United States.
San Francisco-based Penny has launched the Penny Inc prepaid MasterCard card program virtually connected to a mobile app. Built on the open API payment innovation platform of Marqeta, Penny monitors and manages employee expenditures, significantly reducing the time spent on expense tracking and administration processes.
HalCash North America has launched Pin4, a mobile cardless cash ATM withdrawal solution that provides businesses with a radically better way to engage with their customers through real-time delivery of cash without the need for a debit/credit card or bank account.
Cardholders are 22% more likely to be very-to-extremely satisfied with their bank if they have received an instantly issued debit card instead of a card sent by mail. A new study also found that cardholders who receive their card instantly in a branch often start using it immediately, accruing between $0.50 to $0.77 in additional interchange revenue for their bank during the first month.
In today’s CardFlash News Que: SYNCHRONY (CareCredit); REMITLY (Mexico); EXPERIAN (Small Biz); and WESTERN UNION (Connect).
Capital One (COF) continues to lead the U.S. credit card industry in outstandings and volume growth, posting a strong 12% year-on-year (YOY) gain in end-of-period (EOP) outstandings and a whopping 19% surge in Purchase Dollar Volume (PDV) for the third quarter as other metrics are relatively stable.
Diebold is on track to acquire Paderborn, Germany-based Wincor Nixdorf. The offer price of EUR 52.50 per share for Wincor Nixdorf would be paid in cash and Diebold shares.
This will make Diebold a dynasty in the global ATM vertical.