CardWeb.com’s CardExecs database of payments industry movers and shakers today features Sam Esfahani SVP, Chief Information Officer of PSCU.
Atlanta-based Axiologix has completed definitive agreements to acquire International Money Management. IMM markets a U.S. issued prepaid debit card that is uniquely affiliated with a distinctly independent foreign bank debit card, allowing money to be transferred to the foreign country via a “person-to-person” conveyance.
DHgate, a major e-commerce marketplace focused on cross-border trade of Chinese goods, announced it has launched a new service for Shopify members, enabling over 140,000 entrepreneurs and small-to-medium businesses (SMBs) in more than 150 countries with access to Chinese manufacturers and suppliers.
Half of mobile internet users have used a mobile device to make a major financial purchase, such as getting a mortgage, buying a car or investing in stocks. Consumers most likely to have made a large transaction on their mobile device were between the ages of 30 and 49 (58% have done so).
Due to a sixth year of recession, Croatia’s number of payments cards-in-force (CIF) has remained flat at 8.5 million. However, in terms of transaction value, payment cards valued HRK116.1 billion (US$20.3 billion) in 2013, after registering a CAGR of 1.07% since 2009.