CardTrak.com reports Citi ThankYou Premier and Citi Prestige cardholders can now transfer an unlimited amount of their ThankYou Points to Virgin Atlantic’s Flying Club.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Vicki Lawrence, Chief Operating Officer and Co-Founder of Linqto.
Xoom Corporation digital money transfer provider incorporate Apple’s Touch ID technology into their mobile money transfers application. This gives customers the option to use their fingerprint data to sign in to the Xoom application on the iPhone 5s, 6 and 6 Plus. Touch ID is a fingerprint identity sensor that is located in the Home button of select Apple devices. Touch ID takes a high-resolution image of the user’s fingerprint and then analyzes it in order to create its mathematical representation. The data points generated through the analysis are stored locally on the user’s device, and are used for comparison with fingerprint data captured through any subsequent Touch ID usage.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Visa “Nutcracker” television ad.
Morpho is a new member of Mobey Forum, a global industry association empowering banks and other financial institutions to lead in the future of mobile financial services. Mobey Forum has liaison partnerships with several industry associations at varying degrees of involvement.
Discover continues to outpace the top Visa and MasterCard issuers with solid growth in fourth quarter outstandings. However, Discover’s gross dollar volume (GDV) rose 4.4% to $33.2 billion, below the average for the Big 4 Visa and MasterCard issuers.
American Express (AmEx) reported U.S. card service after-tax income declined 23.1% year-on-year (Y/Y) in the fourth quarter (Q4/14) to $665 million, compared to $864 million one-year ago.
eBay’s PayPal net total payment volume (TPV) for the fourth quarter grew 24% to $64.3 billion. PayPal gained 4.6 million new active registered accounts to end the quarter at 161.5 million, up 13%.
China Construction Bank (CCB), a major commercial bank in China, is launching Japan Traveling Credit Card with JCBI targeting Chinese who travel to Japan. CCB will start issuing the new card later this month.
Payment cards in Cambodia have rocketed by a
a compound annual growth rate (CAGR) of 26.31% since the “Great Recession”. At year end 2014, the cards-in-force (CIF), debit and credit, have topped 1.5 million.
Sweden’s SEQR has forged a deal with MD-based FMS Solutions to offer retail grocery and independent supermarket clients a means for their customers to pay by smartphone.
Ingenico and Beamm, makers of cloud-connected POS and commerce technology for small businesses, launched the smart tabletPOS, combining powerful tablet POS software integrated with cloud-based tools to help merchants ring up sales, manage their business, engage customers and drive revenue.