Citi Prestigeand Citi ThankYou Premier cardmembers can now transfer an unlimited amount of ThankYou Points to 11 airline and hotel travel loyalty programs. Citi ThankYou Points Transfer (www.thankyou.com/transfer) lets cardmembers fly to thousands of destinations, and enjoy stays at thousands of hotels and resorts worldwide. Citi ThankYou Rewards members already can redeem their points for travel on any airline with no blackout dates. Citi Prestige cardmembers get the most value for their points when they use them to book flights through the ThankYou Travel Center, particularly when redeeming on American Airlines and US Airways. For example, a $415 ticket on American Airlines and US Airways is just 25,000 ThankYou Points, and would be approximately 31,000 points on other airlines. Citi Prestige and ThankYou Premier cardmembers also enjoy global acceptance with chip technology, no foreign transaction fees and complimentary concierge.
NCR successfully deployed the NCR Venue Management solution at FedExField, home of the National Football League’s Washington Redskins. The suite of NCR venue management software and hardware will enhance the in-stadium game day experience for the team’s fans.NCR’s reputation, commitment and experience in venue management played a significant role in the project. At the core is NCR Venue Manager, an advanced point-of-sale (POS) and reporting system that is deployed in more than 250 stadiums and arenas globally. NCR Venue Manager has been selected to streamline operations, deliver an unparalleled level of service and help bring a world-class experience to FedExField. NCR Venue Manager will provide the Washington Redskins with instantaneous sales, inventory and labor information from the 600 POS devices in use across the stadium, enabling the team to accurately report, analyze and forecast key performance metrics.
Entersekt announced Swisscard AECS AG has implemented its mobile application Transakt to enable safer, more user-friendly 3-D Secure protection of online purchases. Swisscard is a joint venture between Credit Suisse AG and American Express. Designed to serve as an added layer of security for e-commerce purchases, 3-D Secure has significantly reduced fraud rates, but has proved unpopular with consumers and merchants owing to the cumbersome user experience of many current implementations. Entersekt’s card-not-present authentication solution reinvents the 3-D Secure user experience by enabling consumers to authenticate purchases through their mobile device with the touch of a button.When shoppers registered for the service initiate a transaction on a 3-D Secure e-commerce web site, they receive a push message on their mobile phone with the payment details. They then choose an “Accept” or “Reject” response.
The nation’s Big 6 credit card issuers reported a big decline in delinquency ratios during the second quarter. The leading indicator for charge-offs is now at a record low and headed lower in the third quarter.
Square added Square Analytics to its complete Register service to provide sellers actionable data to increase sales and better serve their customers. Square Analytics integrates the full suite of Square Register products including Pickup, Invoices, and Appointments, making it the most robust point of sale service. Square Analytics features an analytics homepage to show seller’s business is performing in real time, including which items are the most popular, and how their business is performing compared to others in their industry. It also shows sales trends hourly, daily, and monthly so sellers can consider later hours or stocking up on inventory to avoid missed sales. Sellers can see new vs. returning customers as well as customer frequency, recency, and average customer spend.
Allied Wallet has been awarded as an INC 5000 company for 2014, recognizing their incredible growth and award-winning solutions. Allied Wallet was previously recognized in 2012 as an INC 500 company. Since then, they’ve expanded to over 1000 employees globally with offices all over the world. This year they’ve earned their second placement on the INC 5000 list as one of the fastest growing companies.By creating a state-of-the-art solution that is easily implemented all over the world, Allied Wallet has connected buyers and sellers from different continents by offering them a simple, safe way to accept or send payments for goods or services. INC 5000 has been awarding the top, privately-held companies in the United States for over thirty years.
Discover Financial Services has been ranked among the top 25 companies heralded by employees for their culture and values, according to Glassdoor.com, a popular careers website that gathers unsolicited comments and company reviews from workers across all industries.
Worldpay announced its relationship with OnDeck tp leverage OnDeck’s platform and proprietary technology to allow its small and mid-sized Worldpay customers rely on the company’s credit card processing services including face-to-face, virtual and mobile payment systems. The relationship will allow Worldpay’s small business customers to obtain working capital from OnDeck for business related growth needs, such as equipment or inventory purchases and hiring. OnDeck’s platform and proprietary credit score, the OnDeck Score, enables easy application with fast approval and funding.
Malauzai Software has seen significant growth in banking via the smartphone camera in the first half of 2014. Usage of mobile banking features such as mobile remote deposit capture and mobile photo bill pay has increased as smartphone cameras have advanced in functionality.
At mid-year, Visa remains the U.S. giant with a 57.9% market share, compared to 26.2% for MasterCard, 13.4% for American Express and 2.5% for Discover, according to CardData.
American Express is harnessing the latest technology to get tennis fans on-site and around the world involved in the action on the courts at the USTA Billie Jean King National Tennis Center during the 2014 US Open Tennis Championships.
American Express is continuing to introduce more ways to enhance fans’ passion for the sport and their experience at the Championship throughout the two weeks of play. The US Open American Express Fan Experience features 20,000 square feet of interactive programming at the US Open with “MyOpen Pass” RFID-enabled wristband. This lets fans’ experience and send a personalized email that recaps the activities in which they participated within the Fan Experience and can be easily shared across their social media channels. These include a Professional Swing Analysis, a Rally Cam capturing tennis shots and candid poses, and the Pro Cam at American Express® Card Member Club.
Chemical Bank® announced the launch of the Dream® MasterCard®. The Dream® MasterCard® is exclusive to Chemical Bank customers in Michigan and offers generous rewards with no overlimit fees, penalty rates or late fees.