The world’s first interactive payment card technology with a built-in computer enables consumers to instantly switch to different currencies with the touch of a button on the card. The new interactive MasterCard is powered by Pittsburgh-based Dynamics and will be offered to issuers globally.
Miami-based YellowPepper has rolled-out the Yepex Smart Wallet in Latin America. The Company recently collaborated with eGlobal, Mexico’s
largest electronic payment processor.
More than 42 billion payments were settled by Alipay over the past 10 years. During that period, the nation’s coastal provinces and first-tier cities have typically led the nation in terms of online spending volume. Shanghai and Beijing along with Guangdong, Zhejiang and Jiangsu provinces are the top regions.
Chick-fil-A has introduced mobile payment and mobile ordering within the Chick-fil-A Mobile App in more than 130 Chick-fil-A restaurants in Atlanta, Chicago, Houston, Los Angeles, Orlando and Washington, D.C. Chick-fil-A’s mobile ordering pilot began in early 2013 and the popular QSR will expand mobile payments throughout 2015.
TX-based SignaPay announced the acquisition of PayHub. PayHub was founded in 2011 and was built to provide an advanced virtual terminal and a recurring billing solution that evolved to a mobile and eCommerce solution with API features.
MasterCard has kicked-off Priceless Surprises to cardholders paying with their MasterCard with Apple Pay. A new 30 second TV spot features Gwen Stefani who, with the help of a “Surprise launcher,” sends Priceless Surprises to cardholders.
Norway’s first mobile NFC payment service created by Telenor, DNB and SpareBank 1 is using Gemalto’s Allynis Trusted Service Hub. Gemalto’s hub platform for Valyou is a turnkey business service hosted in Gemalto’s certified secure data centers.
Santander credit/debit cards will migrate to MULTOS chip card technology for their card products. MULTOS is a smart card operating system based on an open standard governed by the MULTOS Consortium, an open industry forum comprised of more than 20 leaders of the smart card ecosystem. MULTOS is an open, high security, multi-application platform, defining a complete issuing environment. The technology brings operational benefits to card issuers and bureaus, such as more efficient personalization and reduced scripting and key management, compared to competing technologies.
After successfully completing the second phase of a SBRi mCommerce contract, funded by Innovate UK, Voicekey Limited is launching its innovative mobile-point-of-sale solution. The Voicekey mPOS solution has voice identity certificates to increase the security of the mCommerce transactions; barcode displays on the mobile phone in order to provide real-time confirmation of transaction payment and was designed to be inclusive from the outset – allowing secure and easy use by children and vulnerable users.
Switzerland-based BPC Banking Open System announced SmartVista has been selected by Innervation Value Added Services, South Africa who is to develop new card business. Innervation has launched a full Third Party Processing Business and BPC’s solution will provide the company with all the capabilities needed to quickly create and launch a wide range of innovative local and international payment products. Innervation will use the new solution to support its customers across the African continent. Using SmartVista Innervation will launch a range of specifically tailored solutions for its clients, including instalment and revolving credit, gift, loyalty and pre-paid payment cards, travel cards and virtual accounts/wallets.
NYC-based Payoneer is now facilitating payouts for merchant suppliers on San Francisco-based Wish, a top mobile social e-commerce application that offers consumers a highly personalized shopping experience. Over the past three years, Wish has quickly grown to host more than tens of millions of users worldwide.
Fiserv has promoted Marc West as president of its Digital Channels business. In this role, West will oversee strategy, product management and marketing for a range of digital banking solutions, including the flagship Corillian Online banking and Mobiliti mobile banking product sets.