Acculynk is acquiring the intellectual property (IP) of PayPlum, LLC, the first enterprise-class distributed PCI Compliance software solution focused exclusively on reducing the risk, costs and burden of safeguarding the acceptance and transport of sensitive payment card data within the online and mobile channels. Acculynk and PayPlum will form a strategic partnership whereby PayPlum will be a reseller of the enhanced solution to new and existing customers. The deal is expected to close shortly.Acculynk is acquiring PayPlum’s entire IP portfolio that includes a unique, patent pending messaging protocol technology to safely and securely accept and transport sensitive cardholder data and leverage tokenization and PCI scope reduction strategies.
Bogota-based Banco Falabella of Colombia has inked a deal to use NCR APTRA Promote and APTRA Exchange, which allow the bank to communicate through advertising on ATMs and establish different campaigns and messages to deliver its eMarketing initiative.
First Hawaiian Bank introduced a new approach to personalized service through NCR Interactive Services. The advanced software from NCR Corporation (NCR), the global leader in consumer transaction technologies, will allow FHB customers to conduct typical teller transactions on an advanced financial services kiosk with a sleek, modern design and touchscreen interface. By centralizing tellers, FHB will be able to expand teller service hours an additional 15 hours per week, from 7 a.m. to 6 p.m. [Monday to Friday].FHB is one of the first financial institutions in the U.S. to deploy NCR Interactive Teller software on its NCR SelfServ™ 91 hardware platform. With the technology, a live teller takes remote control of an ATM-like device while engaging the customer over two-way video, providing a personalized experience. The solution provides live teller services for clients who want the human touch, and also offers more services than can be conducted on an ATM or other self-service devices.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Ritz Carlton Rewards Visa Signature. The card is issued by JPM Chase.
Forty percent of Americans plan to use credit cards for most of their gift purchases, and among those, 87% will use different credit cards depending on preferred rewards offers, up from 76% in 2013.
More than six out of ten Americans or 62% of the U.S. adult population – would forgo presents for the gift of travel this holiday season. About one-third of the U.S. adult population will celebrate the holidays with a trip away from home.
Cybercriminals follow the flow of money, and this Thanksgiving, a very high number of transactions will take place through mobile channels which may set the stage for more risk.
Three of the top credit card issuers beefed up provisions for credit card losses in the third quarter. Reports suggest late stage delinquency metrics may be signaling a possible inflection point in credit loss performance.
Despite hearsay from consumers, recent surveys show the majority of consumers would like to receive gift cards instead of physical gifts. However, about 30% said they feel guilty asking for them.
Kenyan payment cards (including debit, credit and charge cards) recorded a compound annual growth rate (CAGR) of 26.32% between 2009 and 2013. The total Cards-in-Force (CIF) rose from 3.8 million in 2009 to 9.7 million at the end of 2013.
When asked to select all the payment methods they will use this holiday season, credit cards emerged as “King”, not cash. Cash took second place and was preferred two-to-one over checks, debit cards, mobile payments or other means of payment.
Nearly eight out of ten consumers would like to hear from retailers as to how those retailers plan to protect personal and credit card information – before the holiday shopping starts.