Japan’s JCB continues this year to expand its worldwide acceptance and issuance with new deals in Europe, as well as the LAC, ME and AP regions. Based on current metrics JCB is expected to surpass the US$500 billion in annual transaction value milestone by end-of-year (EOY) 2019. JCB racked up US$223 billion in transaction value last year, according to CardData.
Pakistan’s Bank of Khyber (BOK) and JCB have inked an agreement for the issuance of JCB Debit Cards. The Bank of Khyber is a provincial government bank owned by Government of Khyber Pukhtunkhwa and based in Peshawar, Pakistan, presently with 119 branches all over the country.
Gemalto and Samsung team to accelerate the deployment of Samsung Pay through Gemalto’s Allynis Trusted Service Hub (TSH) . Gemalto and Samsung are actively working with payment issuers to roll out Samsung Pay to Europe.
Verifone achieved record North America net revenues for the third consecutive quarter driven by security needs and EMV migration, and increased demand for Petroleum, Media, and our Payment as a Service offerings.
Revel Systems announced the official opening of its IT division in Vilnius, Lithuania. Revel Systems iPad POS was founded in 2010 in San Francisco with the goal of changing the Point of Sale market.
Chase launched this week its annual speaker series featuring Delivering Happiness’ Jenn Lim. In addition to 20 invitation-only seminars across the country this fall, a live webcast will be broadcast via Chase YouTube on October 14 from San Francisco.
NYC-based ShopKeep, the cloud-based technology and business management solution used by more than 20,000 independent merchants, today announced its collaboration with MasterCard and the MasterCard Easy Savings® program.
Payment card profits for the top four U.S networks are poised to rise 11% in the third quarter, despite the fuel price collapse, says CardData and RAM Research. Visa, MasterCard, American Express and Discover reported a combined 2Q/15 profit of $4103 million, compared to $3705 million for 2Q/14.
U.S. credit card outstandings end-of-period (EOP) among the Big 6 issuers will likely be flat in Q3/15 driven by falling fuel prices and increasingly debt sensitive consumers. U.S. credit card outstandings end-of-period (EOP) among the Big 6 issuers rose by a mere 2.3% year-on-year (YOY) in the second quarter to $474.5 billion.
Huawei has made it official its Android smartphones Huawei Mate S and G8 is featuring Fingerprint Cards AB (FPC) touch fingerprint sensor FPC1025.
Wincor Nixdorf has inked Nokas for JV, the leading Scandinavian provider of cash-handling services, in June 2015. The new company, named CROWN (Cash Retail Optimization Wincor Nixdorf Nokas), has its headquarters in Delft, Netherlands, and is owned equally by Wincor Nixdorf and Nokas.
Evertec has inked a deal with to purchase 65% of the share capital of Processa S.A.S., a Colombian company that is based in Bogotá and engaged in the business of payment processing and supply of related services and equipment in Colombia.