Dozens of credit unions, some with as few as 300 members, are now offering the FICO Score Open Access program to their customers as a way to empower them to take control of their financial health. To-date 180 million consumer accounts are now getting their FICO Scores for free. The FICO Score Open Access program…
Mastercard unveiled Decision Intelligence solution utilizing artificial intelligence technology to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines. This is the first use of AI being implemented on a global scale directly on the Mastercard network. Current decision-scoring products are focused primarily on risk assessment, working within…
Vancouver-based iATS Payments has ankled Daniel Mitchell as Vice President responsible for Sales and Business Development. He will be responsible for leading all aspects of iATS sales and business development, and will work closely with customers and partners to support their success. With over 20 years of sales experience, Daniel has worked with innovators across…
Eika Alliance, one of the largest players in the Norwegian financial market, with almost a million customers, has partnered with Oberthur Technologies to launch of the first dual payment card certified by BankAxept. This is the first step for an acceleration of the rollout of contactless payment in Norway. OT’s dual payments card leverages INTERAC…
Worldpay, Thyngs and NatWest have partnered with The Royal British Legion to make it easier to donate to the Poppy Appeal by using the latest payment technology, in a trial taking place across 13 NatWest branches. With many people no longer carrying cash, two new collection tins have been adapted to allow people to pickup…
UnionPay International inked a deal with Lane Crawford, a renowned upmarket department store, in offering exclusive privileges for UnionPay platinum and diamond cards at the Lane Crawford physical stores and online flagship store. It is the first time that Lane Crawford offers long-term privileges for bankcards of a specific brand. So far, more than 5.8…
Ayşe Nil Sarıgöllü, CEO of Cardtek, was selected as the winner of a Silver Stevie Award in the Female Executive of the Year, Business Products, 11-2,500 Employees category in the 13th annual Stevie Awards for Women in Business. Ayşe Sarıgöllü was honored for her strategic leadership at Cardtek, the fastest growing technology company in EMEA,…
RBL Bank Integrates MasterPass QR into OnGo Digital Wallet Masterpass Quick Response (QR) mobile payments solution has come to India. Masterpass QR enables mobile banking users to safely pay for face-to-face purchases using their smartphone or feature phone. Ratnakar Bank Limited (RBL Bank) is the first bank in India to integrate the Masterpass QR service…
Oberthur Technologies has buddied with AF Payments to provide multi-purpose smart cards in the Philippines to allow end-users to have one single card to commute and pay in Manila. There is a significant number of unbanked consumers in The Philippines. In order to allow them to easily use transportation in Manila and in the same…
Jakarta-based PT Bank Rakyat Indonesia (Persero) Tbk. (BRI) and JCB International are set to launch the BRI JCB Platinum Credit Card in spring 2017 and plans to issue 50,000 by year-end 2017. Bank BRI is a top bank in Indonesia with an extended network of more than 10,000 outlets and more than 100,000 e-Channel outlets.…
Credit One Bank, a sub-prime credit card issuer will break ground on its new headquarters in Las Vegas next month, which will create 500 new jobs in the near future. The 152,000-square-foot building will sit on 26 acres just south of I-215 between Durango Drive and Buffalo Drive, seven miles from Credit One Bank’s existing…
CanPay, the first debit payment solution for the cannabis industry, confirmed its availability to retailers and consumers in Washington, Oregon, and Colorado. On the heels of eight states legalizing recreational or medicinal cannabis last week, CanPay is the only legitimate and stable debit payment solution for merchants in newly legalized and established cannabis markets, operating…