JCB has inked China CITIC Bank to issue the first JCB virtual cards for online shopping users. CITIC is part of the major state-owned conglomerate CITIC Group. The bank has a nationwide branch network and solid customer base, including the wealthy segment, and is actively expanding its card issuing business. China CITIC Bank has been…
UnionPay and ANZ Bank will jointly announced in Auckland all ANZ ATMs and merchants in New Zealand would be able to accept UnionPay cards. These ATMs and merchants would not only accept UnionPay chip cards, but would also initiate the acceptance of UnionPay QuickPass in New Zealand. ANZ is the largest acquirer in New Zealand.…
Discover has launched its Discover it Secured Credit Card for consumers looking to build or rebuild their credit. The card comes with the same rewards and benefits as the Discover it Card, including Cashback Bonus rewards and FICO Credit Scores for free on monthly statements and online, all with no annual fee. The Discover it…
The Capital One Aspire Travel World Elite MasterCard has been named Canada’s top travel points card with an annual fee as announced by Rewards Canada in its annual rewards credit card ranking. RewardsCanada.ca is a leading online resource for news and information about travel rewards cards and loyalty programs. Its popular annual rewards card ranking…
Fiserv has inked a definitive agreement with ACI Worldwide, a leading global provider of electronic payment and banking solutions, to acquire the assets of its Community Financial Services (CFS). The deal is an all-cash transaction valued at $200 million, which does not include related tax benefits. The transaction is subject to regulatory approval and other…
ME-based fuel card specialist WEX announced a reminder that its mobile app, WEX Connect, is available to help drivers find fuel and service stations in operation in their area surrounding Winter Storm Jonas and beyond. With WEX Connect, drivers can find the most cost effective type of fuel they need, and search for service stations…
FBI and Secret Service agents partnered with state officials in a national training effort on identifying and investigating credit card skimmers at gas stations. State and local weights and measures officials from across the country attended this special training event in conjunction with the 2016 Interim Meeting of the National Conference on Weights and Measures…
New research has estimated the global market for card printers to surpass USD 72 billion by 2019. High market value of the global card printers market can be attributed to the enhanced efficiency, quality, and performance of printers, which results in its increased adoption in sectors like BFSI, educational, and IT. According to the Global…
NYC-based eMazzanti Technologies retail IT consultant and managed services provider, is now one of a limited number of organizations qualified to help retailers meet the approaching VISA-mandated requirement that level 4 merchants use only PCI validated QIR professionals to implement, integrate, maintain or service their integrated POS systems. Company leadership explained that the announcement is…
China Minsheng Bank has created an online credit card application decision program that allows customers to apply using either online or mobile channels and receive an instant approval decision. Since implementing the FICO solution, a little over a year ago, the bank has received over 3.5 million applications for credit cards with a monthly activation…
Citibank North America branded credit card profits declined 19.0% and Citi retail cards declined 5.5% year-on-year (YOY) in the fourth quarter (4Q/15). Citi branded cards continue to experience no growth in outstandings and impacted by increased acquisition and rewards costs. EOP outstandings declined 0.4% YOY from $67.5 billion one-year ago to $67.2 billion for…
Next week MasterCard will become the only payment network in Canada to be offered by all major financial institutions. Desjardins, a Visa issuer, is adding two MasterCards for the first time. On January 18, 2016, Desjardins will begin issuing MasterCard credit cards. Desjardins currently has a portfolio of over 5.5 million Visa cards. Desjardins’s association…