In today’s CardFlash News Que: MAGICCUBE (funding); CHECKALT (Payoneer); APRIVA (conference); and CALLAHAN (TRK).
Despite rumors of a forthcoming obituary the MCX CurrentC mobile payment platform is alive and says it will Beta launch in Columbus in the coming weeks. This week they inked deal to add seamless digital manufacturer coupons with payment at the point-of-sale (POS).
eGifts are hot as new consumer research shows for the first time, more than half of gift card buyers have also tried egifts. Fifty-three percent of the gift card buyers surveyed purchased an egift within the last year and 94% bought more or the same amount of egifts in the last 12 months compared to a year ago.
UnionPay International, BCEL and Lao Airlines to gearing up to launch the first aviation co-branded UnionPay credit card. The aviation co-branded UnionPay credit cards issued based on the partnership will cover classic cards, gold cards and platinum cards.
Terbium Labs, a security software company that proactively searches for stolen data on the Dark Web using a patented, privacy-protected, data fingerprinting technique, is using the MapR Distribution as the big data platform for Matchlight, a first-of-its-kind data intelligence system.
A new report suggests co-branded credit cards last year generated 31% of general purpose credit card purchase volume, or $809 billion among Visa, MasterCard, Discover and American Express branded credit and charge cards. Roughly 43% of U.S. adult consumers own at least one co-branded or affinity credit card.