Synchrony Financial has inked a new, multi-year agreement to offer private label credit card and small business financing programs for customers of Newegg.com and NeweggBusiness.com.
Atlanta-based Horizon Software has unveiled their cloud-based Point of Sale (POS) and School Meal Program Accountability software, Solana. This new program simplifies the complex tasks required of today’s school nutrition staff to stay in compliance with Federal & State regulations, while offering responsive service to today’s students.
CardWeb.com’s CardConferences today features the R2 Retail Reinvention, August 4-5, 2015 at Chicago’s McCormick Place.
In today’s CardFlash News Que: E-COMMERCE 4 (high risk POS); CASHSTAR (AlwaysOn): MIND COMMERCE (mPayments); and PCIPOLICYPORTAL (PCI DSS).
Chicago-based Lyons Consulting Group (LYONSCG) has become a systems integration partner of Riskified, a venture-backed eCommerce fraud prevention solution provider. Riskified enables online merchants to accept credit card transactions they would otherwise decline, as it covers all approved orders with a 100% chargeback guarantee in case of fraud.
American consumers continue in the healthy buying mode after ratcheting up revolving credit by $39.1 billion or 5.7% year-on-year (YOY) in May. Total revolving credit for March preliminarily posted $901.0 billion, compared to a revised $899.4 billion for the prior month and $860.9 billion for the prior year.
Payment card profits for the top four networks will likely rise nearly 4% for the second quarter predicts forecaster RAM Research. Visa, MasterCard, American Express and Discover reported a combined 1Q/15 profit of $4090 million, compared to $3975 million for 1Q/14.
China’s UnionPay International and Germany’s CAISSA Touristic have teamed to conduct all-round cooperation in overseas travel of Chinese tourists, including incentives to overseas card use and naming tourism groups of popular travel routes.
While payment cards and travel are going through a revolution, new research shows 93% of travelers said that despite digital advances in the travel industry, the value of personal service cannot be replaced.
Giesecke & Devrient (G&D) has been certified “Visa Ready” by Visa for Host Card Emulation (HCE) cloud based payment services. With the Visa Ready status, Visa ensures that technology and service providers develop and deploy products and services that are compatible with Visa’s requirements. G&D’s data center in Canada has received Visa Ready certification as a provider for cloud based payment services.
MasterCard is giving fans using Apple Pay to pay at the 2015 MLB All-Star Game presented by T-Mobile in Cincinnati, along with a Priceless experience. Those attending the 2015 MLB All-Star Week festivities will not only be able to use Apple Pay on-site for food and merchandise purchases, but when they do they could also receive a Priceless Surprise.
The third annual Key Business Drivers & Opportunities in Cross-Border E-Commerce survey is now open for input from merchants and payment professionals from around the world. Last year’s survey polled nearly 700 e-commerce and omnichannel merchants, payment service providers, acquirers and consultants, quantifying stakeholder attitudes about this increasingly important segment of payments.