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…
Salt Lake City-based PayZang is taking-off big-time as it continues to demonstrate its ability to keep up with and even surpass the trends. A large part of the reason for PayZang’s continued excellence in providing merchant services is the staff’s awareness of the ever-changing needs of merchants and consumers of today. In response to these…
Wirecard is now issuing the pay2d Visa card, the first virtual prepaid card for online payments in the Netherlands, in cooperation with 3V Benelux. With this new prepaid card solution, users in the Netherlands can pay online everywhere where Visa is accepted. The benefits of the purely online prepaid card are: consumers can top-up their…
Verifone and ATIO Group, a provider of retail fuel technology in Mexico and other Latin American markets, inked a deal to provide integrated payments technology to Mexico’s petroleum retailers. Mexico is the sixth largest consumer of motor gasoline and diesel with more than 11,000 filling stations across the country, and its energy market deregulation allows…
NerdWallet has ankled Tapan Bhat, veteran technology leader and former Realtor.com Chief Product Officer (CPO), as its first CPO. NerdWallet provides free tools and clear, unbiased advice to help consumers choose the best credit cards, mortgages, banks, insurance and other financial options for their lives. Bhat will report directly to co-founder and CEO Tim Chen.…
The new Chase Ink Business Preferred credit card rewards the spending of today’s businesses with three points per dollar on the first $150,000 spent each account anniversary year in combined purchases on travel, shipping purchases, advertising purchases with search engines and social media sites, and on internet, cable and phone services. New Chase Ink Business…
After a pilot of 500 people Societe Generale is one of the first global banks to offer its retail customers in France these next-generation cards featuring a dynamic security code. OT MOTION CODE, developed by Oberthur Technologies, consists in replacing the 3-digit security code usually printed on the back of the card with a mini-screen…
LendingTree has acquired Iron Horse Holdings, which does business under the name CompareCards. CompareCards is a leading online source for side-by-side credit card comparison, comprehensive credit education and credit health management. CompareCards provides consumers with one centralized location for pertinent credit card information needed to find the best card for their needs. “CompareCards has an…
Wells Fargo third quarter (3Q/16) consumer credit card purchase dollar volume (PDV) was up 7.1% year-on-year (YOY) as purchase transactions (PTX) rose by 11.4%. Active mobile users of Wells Fargo surged 17.5% YOY. Average consumer credit card 3Q/16 outstandings grew 8.4% YOY to $35.0 billion, compared to $34.1 billion for 2Q/16 and $32.3 billion for 3Q/15.…
