TouchSuite has ankled payments veteran Richard Parrott as Executive Vice President focusing on the diversification of the company. This is a new position for TouchSuite.
MI-based Stratos is adding EMV chips to its Bluetooth Connected Card Platform. The EMV chip will support a specific card issuers’ credit or debit card.
VSoft and Payveris, are expanding an existing strategic partnership to integrate Payveris’ payment solutions into VSoft’s new IRIS Omni-Channel platform.
UnionPay cards have been accepted by more than 90% of ATMs and 80% of merchants in America. In addition, quite a few ATMs have Chinese interfaces for easy operation, and many merchants provide special offers for UnionPay cardholders.
In today’s CardFlash News Que: WEX (GraspPAY); FIRST SERVICE CU (Choice Rewards); FIRST ATLANTIC COMMERCE (Magnerto) and COGNIA (IVR).
Samsung Electronics America has unleashed Samsung Pay in the United States today. Samsung Pay launched initially in Korea on August 20th. Plans for bringing the service to the China, Spain and the U.K. are also underway.
The Knot and PayPal released a survey with a key finding that they want to pay for their wedding electronically and on their smartphones. With PayPal, couples can send money and make deposits to vendors quickly on their smartphones, especially on their wedding day.
A new MasterCard study reveals digital wallets are the main topic of discussion online when it comes to payments innovation in some of the world’s biggest emerging markets including India, China, Indonesia, Malaysia, Nigeria and the UAE.
With huge influx of new payment solutions into the industry, both opportunities and challenges for merchant acquirers have reached a new level. There is paradigm shift from conventional services, such as accepting mag-stripe debit/credit cards, and mail and telephone orders, to new acceptance channels as a result of e-commerce/m-commerce, contactless technology, mPOS and omni-retailing.
Synchrony has become the private label credit card issuers to give its cardholders the ability to add their cards to Samsung Pay, the mobile payment service which launched today in the United States and works almost anywhere customers can swipe their cards.
Sweden’s Fingerprint Cards touch fingerprint sensor FPC1025 is now in ZTE’s smartphone Axon Mini. Already received as well as expected revenues in 2015 that relate to sales of FPC1025 for this smartphone model are included in FPC’s communicated revenue guidance of approximately 2,500 MSEK for 2015.
Fifty percent of a new survey respondents said they have installed a mobile app from their bank. Of those respondents, 70% said that they use the app a few times a month or more.