. 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.
At the request of the Federal Trade Commission (FTC), a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.”
Higher competition, stringent regulations and the possibility of adverse outcomes of the ongoing litigations raise both operational and financial risks for Visa going forward. Nevertheless, Zacks Investment Research notes a strong network of merchants and updated technology should drive growth.
Experian released a new study with the Ponemon Institute on data breach preparedness which found that executives are concerned about the effectiveness of their data breach response, despite taking the basic steps to be prepared.
Naples, FL-based ACI Worldwide has deepend its relationship with Yodlee. The partnership empowers ACI’s financial institution (FI) customers to deliver optimal bill pay and online financial management experiences to their end users.
A new cardholder benefit from Citi searches for a lower price after you buy an item. When a lower price is found the Citi Price Rewind feature will post a refund of the price difference to the account. Citi recently made changes in the program to up the savings.
Alfa-Bank, Russia’s largest private bank, has renewed and increased Net Element’s Russian subsidiary TOT Money credit facility from 300 million Russian rubles to 415 million Russian rubles (US$11 million). Miami-based Net Element specializes in mobile payments and value-added transactional services.
CA-based Expertus Mobile now enables treasurers to access a complete payment and cash management dashboard, on their tablets, enabling treasurers to approve payments, generate inquiries and receive alert notifications, which all enhance the customer experience.
Early research is showing this holiday season could be an excellent one for retail spending. More than eight out of ten employed Americans report that their jobs are more than or just as stable as one year ago, up significantly from 69% in 2011.
Founded in Herzliya, Israel by veterans of the finance and retails industries, PayItSimple is gaining traction as it enters the U.S. marketplace. The new service enables consumers to simply and easily charge any purchase on their existing credit cards and pay it back in monthly in interest free installments.
CardWeb’s CardExecs database today spotlights Peter Fredell, Chief Executive Officer of Sweden-based Seamless. The Company has two main product lines: the proprietary transaction switch ERS 360˚ for top-ups to mobile operators and distributors, and SEQR for mobile payments in stores, on-line and in-app.