Wincor Nixdorf has unwrapped its new automated teller machine (ATM) on the market that enables customers to withdraw cash using a smart phone or a near-field communications (NFC) card. The system’s innovative design is intended to appeal especially to digital natives who have grown up with digital and mobile technologies.
HKT, 33 Finance and HNA Transforex each inked multi-year agreements with First Data to enable mobile payment services, prepaid transaction card systems and issuing and processing services, respectively.
Synchrony Financial has inked PayPal to a long-term extension of its relationship for a credit card program including the co-branded Dual Card MasterCard credit program for consumers in the United States and Puerto Rico.
Spain’s postal industry leader Correso in Spain, has partnered with Prepaid Financial Services (PFS), an European issuer and program manager of physical and virtual prepaid card products, to launch the contactless Correos Prepago MasterCard card.
Chicago-based Arroweye Solutions has ankled Jeff Lipa as vice president of business development. Lipa previously worked for Affinion Group and Digital Insight.
Tamarac, FL-based 3dcart has unveiled its new iPad compatible point-of-sale (POS) system. Benefits of the 3dcart POS app include the utilization of the latest cloud-based technology, saving merchants valuable time and energy with automatic, secure order and product synchronization.
In today’s CardFlash News Que: CYBERSOURCE (LINE); EVED (EvedPay); CHILI’S (mPay); and CUP (spending).
Visa and MasterCard U.S. credit card gross dollar volume (GDV) will likely post a smaller year-on-year (YOY) gain in the third quarter (3Q/15) of around 9.5%, compared to 9.9% for the prior quarter according to RAM Research.
The average U.S. 90+ day delinquency rate among the nation’s four largest issuers will likely rise 2 basis points (bps) to 0.94% for the third quarter according to RAM Research. The average U.S. 90+ day delinquency rate among the nation’s four largest issuers declined 9 basis points (bps) sequentially, to a record low of 0.92% for the second quarter, compared to 1.01% in the prior quarter and 1.00% one-year ago, according to CardData.
London-based GoSend, a new international shopping and shipping service, has launched in the UK. Based in one of five tax-free U.S. states, Delaware, GoSend is a unique subscription service offering members a ‘virtual locker’, giving them a U.S. address to reduce shipping fees from U.S. retailers and extend bulk discounts to ship for less anywhere in the world.
German-based Wincor Nixdorf has acquired Brink’s CiT operations in the Netherlands,expanding its cash management capacities in the Netherlands. As a result of the acquisition, the new Rotterdam-based SecurCash will also profit from synergies from the business with banks and retail companies.
Barclaycard US has kicked off a special game and sweepstakes promotion where fans have the opportunity to win a trip for two to Super Bowl 50 in the San Francisco Bay Area, as well as once-in-a-lifetime experiences, regular season game tickets, NFL merchandise, and much more.
