Big changes in the works for the BJ’s MasterCard as Alliance Data Systems takes the helm by the end of this year. The BJ’s card portfolio will transition to MasterCard and can be used anywhere MasterCard is accepted across the globe. In the spring of 2015, the entire BJ’s credit portfolio will be converted to chip-enabled MasterCard credit cards.
MasterCard and SFX Entertainment announced a multi-year global partnership to further strengthen MasterCard’s commitment to being an experiential brand in music and entertainment. MasterCard will simplify the way hundreds of millions of electronic dance music (EDM) fans worldwide can access SFX events, engage with content and connect with their community. Through its Priceless platform, MasterCard will also create surprise and delight experiences for fans, starting this fall. SFX will leverage MasterCard’s innovative technologies for its digital and physical platforms including ticketing, retail, live events and social networking, pioneering a new model for enterprise-wide partnerships. MasterCard becomes the exclusive financial services sponsor for all of SFX’s platforms.
First Data beefs up prepaid market with the acquisition of Gyft. First Data’s clients, including its more than 300 national retail prepaid clients, will now have access to a new and growing distribution channel to adopt the next level of gifting, expand their gift card footprint and programs and add choice for consumers.
JCB continues to expand in Europe signing a Netherlands deal with EMS. The Netherlands is a strategically important country for JCBI as this is a major destination market for European JCB card members. JCBI has been doing business in Europe for 32 years.
NCR hires a heavy hitter for its Retail Solutions Division. Michael Bayer comes with credentials from Avaya EMEA, Motorola, Symbol Technologies and Cisco. Bayer will report to NCR Chairman and CEO Bill Nuti.
The four top U.S. payment card networks broke above the $1 trillion purchase dollar volume milestone again in the second quarter. MasterCard led the charge growing 10.1% in U.S. purchase dollar volume to $289 billion.
Driven by prepaid cards, Visa’s Latin America Caribbean region cash dollar volume jumped 8% in the second quarter to US$165 billion. Visa has an estimated 439 million cards-in-force (CIF) currently in the LAC region, compared to 430 million in Q2/13.
Bracknell Forest Council (BFC) has teamed allpay on the e+ Citizen card.The new card – which combines the functionality of its existing smartcard, used by more than 80,000 people – was launched last month in a limited trial with a further planned roll out to follow. The solution, which is unique within the market place, can also be made available to other local authorities looking to provide similar schemes for their residents.In addition to being used for services such as retail discounts, leisure and library, the new functionality allows the council to load social care funds onto the card for residents wishing to use this new, secure and convenient way of managing their personal budget payments. Residents wishing to use this service for their personal budget must first fill out a form providing the council with their financial details.
Datacard has been positioned by ABI Research as one of the top leaders in their 2014 competitive assessment for Government and Healthcare ID: Smart Card and Legacy Credentials .This vendor matrix represents ABI Research’s ranking of the leading smart card and legacy credential vendors active within the government, healthcare and citizen ID ecosystem. The vendors were assessed on implementation and innovation – including global reach, breadth of services offered, multi-application capabilities and support of market convergence, level of security, e-government services, among others.Datacard Group was ranked as a leader due to the high assessment rating it received for its extensive distribution channels and global reach, its market share of e-government ID implementations around the world, and continued commitment to offer innovative technologies to the government sector. To-date, Datacard Group is implemented in 18 of the 20 largest e-government programs and has over 400 government projects around the world. Additionally, roughly 165,000 passports, 10 million credentials, and 5 million smart cards are issued daily using the company’s solutions.
U.S. Bank unveils a set of new tools for making cardless “virtual” travel spending faster, easier and more secure. One of new tools offers real-time credit limit change capability for Travel VirtualPay allows for instant anytime adjustment.
TD Bank has introduced its Mobile Account Opening, allowing customers to open personal banking accounts using their smart phone at TDbank.com with an experience specifically designed and tailored for a mobile device. Mobile Account Opening can be used to open checking, savings, money market, or CD accounts by simply accessing TDBank.com using an Android™ or iPhone® smart phone.
Bolt On Solutions launched its Bolt POS POS solution, designed to exceed existing functionality and user experience standards established for traditional and cloud based POS and tablet cash register solutions. it offers integrated payments, inventory Management , customer database and a gift card program. Bolt POS installations include the Bolt POS application, the selected hardware package and a web-based cash register management portal.