Acculynk has completed its implementation and “gone-live” with the City of College Park. Acculynk was awarded the contract in late June with the intent to deliver a unique and multi-channel solution that facilitates the payment of utility bills for the citizens of College Park.
Toronto-based Suretap has launched the launch of the suretap prepaid MasterCard. It’s a secure, easy-to-use virtual prepaid card that is now part of and only available through Canada’s leading open digital wallet experience, the suretap wallet.
Globo has inked I Love Velvet to integrate GO!Enterprise with its Mobile Point of Sale (MPOS) solution.
Monitise reports FY 2015 revenue declined 6% to £89.7m. The loss was £41.8m, was at the lower end of the Company’s guidance range of a £40-50m loss. Elizabeth Buse has stepped down as CEO and from the Board. Deputy CEO and Chief Commercial Officer Lee Cameron has been appointed CEO.
In today’s CardFlash News Que: KEN RESEARCH (A/P); TIMTERIC (Germany); AMERICAN EXPRESS (survey); and TIMETRIC (Azerbaijan).
About 25% of U.S. debit cards – approximately 71 million cards – will be migrated to chip by the end of 2015. The percentage is expected to rise to 73% by the end of 2016 and 96% by the end of 2017.
After failing to come to terms with Costco in March for a contract renewal beyond 2016, American Express has inked Sam’s Club for card acceptance as of October1st. The membership warehouse club serves 500,000 small business owners every day and offers tons of opportunities for AmEx despite Sam’s razor thin profit margins.
Irish consumer spending continued to increase at a sharp pace during August as household expenditure rose +5.6% year-on-year (YOY). However, it was slightly weaker than the +6.1% expansion recorded in the previous month but still the joint-second fastest in the 12 months of the series so far.
MasterPass. the digital payment solution, is now accepted in 24 countries around the world, with recent additions including Germany, Belgium, Hungary and Turkey. Since its 2013 launch, MasterPass has increasingly been making shopping easier for shoppers and retailers.
Discover cards be added to Apple Pay starting September 16th. Additionally, Discover is rewarding cardmembers in the U.S. who use their Discover cards through Apple Pay with a 10% Cashback Bonus.
The Electronic Payments Association says its Payments Innovation Alliance has launched a Mobile Wallet Initiative to enable stakeholder companies and the broader mobile wallet community to leverage an “open” acceptance platform that includes support for retailer- and bank-branded mobile wallets for electronic payments.
SD-based Meta Financial Group reports its bank subsidiary, MetaBank, completed the previously announced acquisition of substantially all of the related assets and liabilities of Fort Knox Financial Services Corporation and its subsidiary, Tax Product Services.