Russia’s Gazprombank has accelerated its partnership with China UnionPay. At the end of the first quarter 2016 Gazprombank is expected to issue a total of 300,000 UnionPay cards.
Crédit Agricole Consumer Finance and Oberthur Technologies (OT) have inked a deal to enable PIN codes to be securely delivered via SMS. CA Consumer Finance, which notably operates in France under the Sofinco brand, is the first credit institution to offer its partners and their customers a card which can be activated in just a few minutes in complete safety.
Chase Card Services confirmed its has entered into a consent order with the Consumer Financial Protection Bureau and agreements with attorneys general for 47 states and the District of Columbia relating to practices stopped years ago for its sworn document, collections litigation and certain debt sales practices on defaulted credit card debt.
Synaptics has unveiled a new Match-in-Sensor fingerprint authentication technology, the industry’s first fully hardware encapsulated fingerprint sensor and matching solution. Synaptics’ innovative Match-in-Sensor secure authentication technology is literally off the grid, isolating fingerprint image enrollment, pattern storage and biometric matching within the fingerprint sensor to provide ultimate protection against on-device threats.
American Express has redesigned its U.S. Amex Mobile app for iPhone and Android. Available for Personal, Small Business and Corporate Card Members, the redesigned app includes the convenience of Touch ID login, nearby offers on a map, rewards information and unique mobile service features like on-the-spot fraud alert verification.
CU Wallet, a Credit Union Service Organization (CUSO) providing the industry’s first credit union driven mobile payments application, and Relevant Solutions, the provider of mobile in-store shopping content for financial institutions, have entered a strategic alliance integrating merchant offers and promotions with CU Wallet’s mobile wallet.