[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Only 22% of retailers currently support EMV transactions, but another 53% of retailers plan to implement this capability within 12 months. According to a new special report from Boston Retail Partners (BRP), the threat posed by data security breaches continues to consume retailers’ resources 38% of retailers indicate that payment/data security…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Swiss-based Loylogic has developed a new solution to allow loyalty program members to spend their miles and points when shopping online. The innovative solution, with unique access to multiple loyalty currencies, allows customers to browse and shop as usual in their favorite online stores. At checkout, users then have the option to…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The African Development Bank has launched the first Africa Visa Openness Index, which shows how Africa remains largely closed off to African travelers. On average Africans need visas to travel to 55% of other African countries, can get visas on arrival in only 25% of other countries and don’t need a…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] When the Federal Deposit Insurance Corp. (FDIC) disclosed in 2014 that they were withdrawing a list they created of merchant categories that were deemed high risk and warranted heightened attention, they acknowledged that this list was used by issuing banks as justification to sever ties with merchants who fell into these…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Credit One Bank unveiled the Official Credit Card of NASCAR. The Credit One Bank NASCAR credit card provides 1 percent cash back on eligible purchases and 2 percent cash back on purchases made at NASCAR.com. Card members will also have access to exclusive one-of-a-kind NASCAR experiences, discounts, and promotions. This new credit…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bank Alfalah to massively issue 1.5 million China UnionPay cards in Pakistan. Bank Alfalah is the largest merchant acquirer in Pakistan. Before this move, UnionPay International has partnered with the Bank in enabling all ATMs, POS Network and merchants subordinate to the Bank to accept UnionPay cards. These merchants include supermarkets,…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] One of the largest and fastest growing credit card issuers in the United States, Credit One Bank has entered into a multi-year partnership with NASCAR to include official agreements with both the sanctioning body and one of the most successful teams in auto-racing, Chip Ganassi Racing. The collaborations designate Credit One…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa has unveiled a new service to help Visa issuers empower consumers to monitor and control how, where, and when their Visa credit, debit, and prepaid accounts can be used. With real-time visibility and control over their accounts, consumers can take immediate action to protect themselves from security threats and fraud.…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Corporate Insight, a provider of competitive intelligence and user experience research to the financial services industry named Chase to its Credit Card Monitor Awards. For more than 15 years, Corporate Insight has presented its annual Gold, Silver and Bronze awards to recognize the most innovative and valuable digital offerings in the…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Chinese payment cards market grew at a CAGR of 18.2% during the period 2012-2014 and is expected to grow at a CAGR of 4.9% over the period 2015-2020. The total number of cards in circulation reached 4,949.2 million by the end of 2014, whereas the total population of the country…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Heartland Payment Systems has acquired privately held Beanstalk Data, a leading provider of customer engagement platforms for restaurants in the USA. The acquisition allows Heartland to help restaurants seamlessly integrate their customer relationship management (CRM) systems and marketing and engagement programs with the Heartland point of sale (POS) and e-commerce solutions.…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Starr Companies announced the availability of travel insurance and payment card assistance services for travel to Cuba. These plans provide trip cancellation and trip interruption insurance as well as accident and sickness benefits. In addition, the plans provide the coordination of medical and assistance services for travelers during their travel and…
