Synchrony Financial inked a multi-year agreement with American Underwater Products (AUP) to launch a new consumer credit card for the purchase of scuba and dive equipment.
The Accenture Mobile Wallet platform has been cited in the “Ovum Decision Matrix: Selecting a White-label Mobile Wallet Platform,” scoring the highest overall technology assessment ranking in the report.
Visa Europe has launched a new marketing campaign to drive further adoption of contactless as it becomes the everyday way to pay. Currently, there are nearly 40 million Visa contactless cards in the UK and over 300,000 contactless payment terminals.
About 60% of affluent credit cardholders with investable assets of $100,000 or more say cash back is their favorite credit card perk, while just 22% said they preferred frequent flier miles.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Matt Downs SVP Channel – Integrated Payments of Vantiv.
Technology will be a defining factor in driving growth among financial institutions this year. Bank executives see loan growth and interest income growth as one of the best opportunities for increased profitability in 2015.
The cyber security market in the BFSI sector is projected to expand at compound annual growth rate (CAGR) of more than 13% by 2019. Some estimates place the cyber security market at more than $155 billion in five years.
Paris-based Capgemini has formed a global alliance to develop next generation payment technology software using First Data’s VisionPLUS and AccessPLUS solutions.
TX-based POSsible has rolled-out plug-and-play POS-in-a-Box solution enabling customers to purchase conveniently at their local retailers.
Austin-based SimplyTapp has raised an additional $2.5M of their Series B financing round from Mozido, elevating the total amount of funding raised to $10.1M. The new infusion of capital will allow SimplyTapp to ramp up R&D by expanding its core engineering team and bolster channel support for global partners.
MO-based Clearent has teamed with MicroSale to integrate its credit card processing with Version 9 of MicroSale’s restaurant software solution. MicroSale dealers now have the option to use Clearent as their integrated payment processor when selling Version 9.
NY-based CardFlight has introduced version 2.0 of its SwipeSimple mobile application. First launched in 2014, the SwipeSimple solution includes encrypted mobile card readers, payment acceptance applications for iOS and Android devices, a real-time reporting and admin dashboard for merchants, and a reseller portal for easy onboarding and portfolio management.