Nordstrom has closed on its credit card transaction with TD Bank U.S.A. The Company sold its credit card portfolio to TD for $2.2 billion span, representing the gross value of the outstanding receivables.
NASA Federal Credit Union is officially taking off with a suite of new Star Trek-branded credit cards. The four new cards, under license by CBS Consumer Products, provide unique benefits of Star Trek merchandise and experiences, as well as the outstanding value of the current NASA Federal Credit Union Platinum Advantage Rewards credit card.
Walgreens, the nation’s largest drugstore chain, this month launched Western Union Bill Payment services staged via digital self-service kiosks, allowing customers to make payments to 15,000 billers across the U.S. and beyond.
In today’s CardFlash News Que: STERLING (EMV); ADS (Wayfair); JCB (Universal); and W.CAPRA (EMV).
Even as real-time payments systems are proliferating around the globe, real time can mean many different things with vastly different implications to users of the system. The paper provides clarity on what a real-time payment is by exploring what real time means, outlining the challenges to implementing real time, and identifying major use cases and user impact.
The use of facial recognition technology to help combat card fraud in stores is being explored in the payments industry. “PED Cam” (Pin Entry Device Camera) uses an upward-facing camera, embedded into a standard card terminal to take a picture of the card-user whenever they enter their PIN.
BNP Paribas is running a trial of OT MOTION CODE with 1000 French customers. The dynamic security code solution replaces the 3-digit static code located on the back of the card, used to confirm online payments.
Bahrain Petroleum Company (Bapco) is expanding its Sadeem fuel card program with the help of MasterCard and NEC Payments. At the centre of the project is a next generation technical solution developed, hosted and managed by NEC Payments.
Harbortouch is offering a free NFC and EMV capable PIN pad with its Echo POS systems for eligible merchants. Harbortouch Echo is a built-for-purpose POS system that combines the performance and functionality of a traditional system with the simplicity and sleek design of a tablet, without any up-front costs to merchants.
Alert Management Systems and Volatile Studios are enabling consumers to make a credit card payment right from a smart phone or tablet while signing for a rental contract or delivery.
AutoManager has integrated with TSYS’ ProPay to deliver fully integrated electronic auto loan payments for auto dealers. DeskManager, AutoManager’s DMS software, will now allow borrowers to pay auto loans by debit card, credit card or bank account.
NY-based CardFlight reports its suite of mobile solutions has been certified by First Data to accept EMV “chip card” payments.