CardWeb.com’s CardExecs database of payments industry movers and shakers today features Dr. Markus Braun, Chief Executive Officer and Chief Technology Officer of Wirecard AG.
South Korea’s national carrier and largest airline has inked a deal with’s Visa’s CyberSource for secure online payment acceptance. Korean Air says the implementation of its new Global Payment System, complemented with CyberSource’s solutions and expertise, will allow the company to take its customers’ experience to the next level.
Verifone Mobile Money (VMM) and South Africa’s MTN Group have inked an agreement to deliver retail payment devices to merchants across 16 of MTN’s operating countries. The solution will enable customers to pay for goods and services using their mobile phone and MTN Mobile Money wallet, while merchants will be provided with payment terminal solutions from Verifone.
Hyperwallet has repositioned itself to deliver a clearer message of its products and services, specifically: Mass Payments. The Company has updated its corporate logo, a fresh slogan, a redesigned website, and a new product line of Mass Payments Solutions.
Discover’s U.S. end-of-period (EOP) credit card loans grew 5.5% year-on-year (YOY) and continues to outpace the top Visa and MasterCard issuers. Since 2009, Discover has experienced sequential growth at a compound annual growth rate (CAGR) of 5.5%, exceeded only by Capital One among the top ten issuers.
MasterCard’s Europe region remains the most robust international region with a 42.1% share of international Gross Dollar Volume (GDV) in Q4/14. Europe is growing GDV (on a local currency basis) at 16.2% year-on-year (YOY), followed only by the Latin America Caribbean (LAC) region at 16.0% in the fourth quarter.
A new study reveals if a consumers’ primary bank were to install more ATMs and self-service kiosks for no-envelope deposits, more consumers indicate they would be inclined to use the self-service method (36%) than would still only use the teller (30%).