London-based CellPoint Mobile has launched the Mobile Fraud Suite to help airlines combat, detect and prevent the emerging and growing issue of loyalty fraud in frequent-flyer and airline miles programs.
CardWeb.com’s CardExecs database of card industry movers and shakers today features Diane Offereins, Executive Vice President and President of Payment Services at Discover Financial Services.
Intel Corporation has introduced the industry’s first solution to provide end-to-end encryption of consumer and financial data that is built into the point of sale (POS) platforms.
Cloud-based small business technology provider ShopKeep is adding an NFC for Apple Pay enabled card reader. The new card reader will be available for purchase in November.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the Korean Air Skypass Signature Visa. The card is issued by U.S. Bank.
Nordic financial services company EnterCard extended its existing outsourcing agreement with Tieto worth about EUR 20million. This will include the modernization of EnterCard’s IT environment with new technical solutions based on cloud and capacity services.
Customer service leader Aramark will pilot acceptance of mobile payments from Apple Pay and Softcard at select arenas this hockey season. In partnership with the Pittsburgh Penguins, Aramark will begin accepting Apple Pay as a method of payment for food and beverage purchases made at CONSOL Energy Center.
Mjoy Group, a sports and entertainment company that coordinates special events and VIP experiences for corporations has signed up for Cause Direct’s morally conscious payment processing services.
Miura Systems mPOS solutions names Ian Rutland CEO and Mark Roberts SVP, Sales & Marketing. Miura partners with Independent Software Vendors and Systems Integrators to deliver platforms, expertise and services for retailers and acquirers.
Bank of America (BofA) reported a decline of 1.2% in Year-on-Year (Y/Y) average U.S. bank credit card outstandings of $88.9 billion for the third quarter (Q3/14). Meanwhile, Purchase Dollar Volume (PDV) for BofA’s U.S. bank credit cards rose 1.9% Y/Y and flat Quarter-to-Quarter (Q/Q) to $53.8 billion.
With the entry of high end smart watches from Google, Apple, Sony, and LG, it is likely there will be 100 million smart watches in use worldwide by 2019. The market will accelerate as new capabilities, such as GPS and NFC take hold.
State Bank, a government-run bank in Mongolia, has inked an agreement to issue JCB-branded debit cards. State Bank plans to launch debit card issuing in the spring of 2015.