Barclaycard US has appointed Curt Hess as Interim CEO. Hess has been with Barclays for eight years, most recently holding the position of Chief Financial Officer for Personal and Corporate Banking in London.
The largest payment switch in Rwanda, RSwitch, and UnionPay International have inked a deal for ATMs of all the member banks of RSwitch to accept UnionPay cards by the end of this year.
The most common form of customer education about EMV is through printed material sent along with the new card: 47% of EMV cardholders said this is how their primary bank informed them about what the chip was for.
Total household debt in the U.S. was $13.512 trillion at the end of 2014 and credit cards accounted for 6.52% or $881.57 billion. The ratio of credit card debt to household debt was highest in 1996 at 10.05%.
Experian Data Breach Resolution issued a white paper on the current state of data breach legislation that shapes how companies must prepare for and respond to a data breach.
PNC Bank announced the launch of the new PNC Core Visa credit card and the PNC Cash Rewards Visa Signature Business credit card.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Mr. Tinfoil – Westpac TV Commercial Ad.
More than 50% of retailers in the US and Europe still have to consolidate their fraud management solutions across all channels. Omni-channel retail sales are predicted to reach $1.8 trillion (£1.1 trillion) in the US by 2017, with sales in Europe predicted to hit €920 billion (£660 billion), or 44%of total European sales, by 2018.
In today’s CardFlash News Que: NAB (award); MYCHECK (Twin Peaks); FISERV (PBC CU); and BLUESNAP (Sensibo).
WI-based Fiserv has expanded its card production capabilities to include milling and embedding, enabling the company to complete the entire EMV™ chip card production process in house and streamline the migration to EMV chip cards for clients.
Fiserv, Inc. announced that PBC Credit Union, based in West Palm Beach, Florida, has expanded its long-term relationship with Fiserv, upgrading its DataSafe® account processing platform and adding integrated digital solutions to enhance member services. The credit union added Mobiliti™ for mobile banking, Loancierge® for Credit Unions for automated lending, Wisdom™: Accounting for comprehensive accounting and Wisdom: 5300 Call Report Assistant for call report functionality.
Tyro Payments and TouchBistro have teamed up to provide users of TouchBistro point of sale (POS) systems in Australia with a fully integrated, easily set up and highly secure electronic card payment system to process patron payments for food and drink orders.