FIME’s Japanese operation has been accredited as a MasterCard test laboratory for mobile handsets. FIME testing focuses on confirming the compliance and interoperability with the EMVCo Contactless approval process.
CardWeb.com’s CardPixes database of more than 7,000 card images today features Suncorp Clear Options Visa issued Citigroup Australia. The card is both Chip & PIN as well as offering the Visa payWave feature.
London-based Birdback wants to bring its card-linked offers across the Atlantic. The Company says the market is frustrated by U.S. service providers with programs limited to only certain banks or payment processors.
FIME testing focuses on confirming the compliance and interoperability with the EMVCo Contactless approval process. The ability to save time and money throughout the certification process is of great value to Japanese manufacturers. Vendors in the region can access FIME’s global expertise quicker than ever before and tap into our knowledge of the regional ecosystem’s variations and complexities in order to achieve this approval quickly and effectively.
Miami-based CenPOS has certified its payment-processing platform to First Data’s Global Merchant Acquiring solution. This new payment offering enables merchants around the globe to sell in different markets and collect monies in multiple currencies.
One of the most important and widely accepted card profit metrics is to “risk-adjust”‘ top line revenue. This is defined as the total revenue yield (all fees and interest) less loan losses. The trend recently has been greatly improving and very instructive.
Visa is beefing up its technology resources by creating 2,000 full-time technologist positions. Part of the move is converting existing contractor positions to full-time positions. Visa also announced plans to open a new technology center in India.
CardWeb.com’s CardExecs database today features Christine Larsen, Executive Vice President and Chief Operations Officer of First Data.
Walmart and Green Dot are planning a nationwide rollout by the end of October of its checking account product linked to a MasterCard debit card. The new GoBank full-featured checking account does not charge overdraft fees, minimum balance fees or monthly fees with qualifying direct deposits.
Payment cards transaction value in Switzerland grew by a compound annual growth rate (CAGR) of 3.31% between 2009 and 2013, and is expected to continue to grow at a 2.85% CAGR through 2018. In terms of transaction value, both the credit and charge card markets recorded CAGRs of 4.84% and 4.24% respectively, between 2009 and 2013.
. CA-based MyECheck says it is back on track plan to launch its mobile payment apps in January. The MyECheck mobile payment solutions do not require any special hardware, and will work with all smart Apple and Android devices.
The NFC Forum has released a new white paper to guide any developer seeking to give consumers seamless access to Bluetooth and Wi-Fi services using Near Field Communication (NFC). The white paper details the use of NFC’s connection handover capability.