The largest provider of private label credit cards in the U.S. has added Select Comfort to its portfolio. Synchrony Financial (f/k/a GE Capital Retail Finance) signed a multi-year agreement with Select Comfort Corporation for the card program which offers a number of financing options.
Inov8 has signed a deal to promote Emerging Markets Payments’ (EMP) third party card processing services in Pakistan and provide logistical and other in-country support. There are 100 million Pakistanis that have a phone but no access to financial services.
Toronto-based FreshBooks, a cloud accounting solution provider, has added its own online payments to its platform. FreshBooks will use the WePay payment processor.
3PEA International is introducing a new brand of prepaid debit cards. The new PaySign cards will reach into other industries, beyond the Company’s current focus on healthcare-related businesses.
CardWeb.com’s CardData financial database projects Visa (VS) and MasterCard (MC) debit card Purchase Dollar Volume (PDV) for the third quarter will slightly increase to $458 billion. MC will report Q3/14 on Oct 30 before the market opens. VS will most likely release its Q3/14 report on Oct 24.
PSCU’s all-night geek competition among credit unions to develop an app concept to address consumer demands and financial service issues is over. The winner is a balance-transfer app that safeguards user’s account information.
Brussels-based Trionis, the pan-European inter-bank processing network, plans to build a gateway to enable JCB merchant acquirers across Europe to connect with the JCB payment network. The gateway will be operational in Q1 2015.
First Data announced two promotions and two new hires to its senior leadership team. Among the promotions: Barry McCarthy to lead four strategic businesses including the STAR Network.
Carrier billing mobile payments specialist, Boku, is hoping to take it e-Money to a new level with a new initiative with major U.K. Mobile Network Operators (MNOs). Under hopeful EU re-regulation MNOs will be able expand carrier billing to general purpose purchasing.
More than 26,000 SUBWAY locations across the U.S. now offer contactless/NFC-based mobile payments. The program was facilitated by a partnership with Softcard.
CardWeb.com’s CardExecs database of card industy movers and shakers today features Michael Wasserfuhr, Chief Financial Officer of Ingenico. Ingenico Group is the global leader in seamless payment, providing smart, trusted and secure solutions to empower commerce across all channels, in-store, online and mobile.
The NFC Forum has unveiled its “Tap Into NFC” Developer Program. The program is designed to support application developers via events, networking opportunities, and a new, dedicated website comprising developer kits and technical specs, news, and product spotlights.