Los Angeles-based CU Wallet, a Credit Union Service Organization (CUSO) providing the industry’s first credit union driven mobile payments application, and Relevant Solutions have inked a strategic alliance integrating merchant offers and promotions with CU Wallet’s mobile wallet.
CardWeb.com’s CardConferences today features the HEALTHCARE PAYMENTS INNOVATIONS conference, July 27-28, 2015 at Hyatt Regency Boston.
Payoneer and Digital River have teamed up to transform the way businesses send and receive cross-border payments. Today, Digital River’s solution enables merchants to process online payments using more than 200 international payment options and over 170 currencies.
The first company that accepts payments to a smartphone made with a credit or debit card using 100% Mexican technology is here. Sr. Pago, announced start-up of operations with American Express, making it possible for the first time to pay with the credit card at any establishment that has a Sr. Pago reader.
In today’s CardFlash News Que: MASTERCARD (Convergence); XTBILLS (beta); 2COMMERCE (Bigcommerce); and FTNI (ETran Lite).
While Chase reported Q2/15 outstandings were flat year-on-year (YOY), purchase dollar volume (PDV) posted a weak growth rate of 6.5%. Furthermore, Chase is consistently signing up 2.1 million accounts per quarter, while losing 3.0 million accounts YOY.
Wells Fargo credit card second quarter outstandings were up 14% year-on-year (YOY) to $31.1 billion reflecting new account growth and growth in private label and co-brand outstandings driven by the Dillard’s card portfolio acquisition in the fourth quarter. However, credit card yield declined 40 basis points (bps) to 11.74%.
The third largest bank in Georgia, Liberty Bank, and China’s UnionPay announced in Tbilisi that all ATMs and POS terminals of Liberty Bank would formally start the acceptance of UnionPay chip cards.
Hongkongers’ growing passion for online shopping is furthered by MasterPass, a new digital payment platform, for the first time in Hong Kong, delivering a seamless, faster and safer online shopping experience for local consumers.
Seattle-based Remitly has acquired Talio, a mobile messaging company that developed an immersive, one-of-a-kind mobile messaging service for family and friends. Remitly is setting out to redefine money transfers to the developing world by creating a service customers love using.
The first Bitcoin book delving into cryptocurrency law in four jurisdictions: the United States, the United Kingdom, Canada and Germany has been released.
The password manager built for security and simplicity, is now compatible with Samsung’s latest biometric technology. Dashlane users can access everything they securely store in Dashlane, including passwords, notes, credit cards and personal information, simply by using their fingerprint to verify their identity.