Special Breaking News Mentions in Today’s CardFlash

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CardFlash.com Breaking News: INTERNAP (PCI); CALE (exec); TRANSFIRST (Bank Mutual); and INCOMM (Switch). INTERNAP –  Internap announced the company’s managed hosting and colocation services meet the compliance requirements for PCI DSS v.3.1, the latest security standard from the PCI Council. As one of the first infrastructure providers to meet PCI’s updated…

Dashlane 4 Offers Redesigned PW/ID Management System

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Dashlane 4 has arrived with a completely redesigned password and identity management solution simplified for a more intuitive user experience on Windows, Mac, iOS and Android. Additionally, DashIQ, the company’s proprietary semantic analysis engine, further enhances Dashlane 4’s performance with translated and localized native language functionality in five new languages…

RadPad and RentTrack Offer Renters More Pay Options

RadPad and RentTrack Offer Renters More Pay Options

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Renters get more ways to pay as well as having their payment history reported to a major credit bureau, primarily for credit building purposes. RadPad announced that MasterCard cardholders can now enjoy the convenience of paying rent with their MasterCard-branded credit or debit cards, MasterPass digital wallet or via iPhone and…

Visa + MC Cross-Border Transaction Volume Up 9.6%

Visa + MC Cross-Border Transaction Volume Up 9.6%

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cross-border transaction volume for Visa and MasterCard rose 9.6% year-on-year (YOY) in the third quarter. Visa’s cross-border currency adjusted (FX) gross dollar volume (GDV) increased 5.0% YOY, while MasterCard rose 15.7% YOY for FX GDV in the third quarter. Cross-border volume refers to payments and cash volume where the issuing country…

All Consumer Credit Card Fees

Credit Card Fee Income Up 4.4% to $94.3 Billion in 2015

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Credit card fee income rose 4.4% year-on-year (YOY) in 2015, topping $94 billion. Fees in every component increased with the exception of penalty fee income with decreased slightly. R.K. Hammer estimates that the card business saw a fee income increase of $4 billion in 2015 compared to 2014. New regulations and…

Barclaycard US has named a new CEO. Curt Hess has been covering the role on an interim basis since May last year.

Barclaycard US Finally Decides on a Permanent CEO

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Barclaycard US has named a new CEO. Curt Hess has been covering the role on an interim basis since May last year. Hess has been with Barclays for eight years, most recently holding the position of Chief Financial Officer for Personal and Corporate Banking in London. He has also served as…

Digital Remittance on Fire as Remitly Likely to Top $1B

Digital Remittance on Fire as Remitly Likely to Top $1B

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Seattle-based independent digital remittance company, Remitly, reports it is on track to transfer $1 billion annually based on the rate of transfers in December. This represents an increase of more than 400% from January 2015. Remitly offers money transfers from the United States to the Philippines, India and Mexico, which alone…

Visa Checkout Expands with Starbucks & Walgreens

Visa Checkout Expands with Starbucks & Walgreens

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Starbucks, Walgreens, NFL Shop, HSN and Match are among the new merchants taking advantage of Visa Checkout’s ability to deliver seamless digital payments. Walmart.com will also begin supporting Visa Checkout this year. More than 10 million consumer accounts and 600 financial institutions in 16 countries have signed up to use Visa…

Reflexis StorePulse to Run on Bluebird Windows 10 Tablets

Reflexis StorePulse to Run on Bluebird Windows 10 Tablets

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] South Korea-based Bluebird, manufacturer of Bluebird handheld computers, tablets, and mobile payment devices, has teamed with Reflexis Systems, a pioneer in real-time store execution and workforce management software. The partnership provides access to Reflexis StorePulse from Bluebird’s tablets and mobile computers, operating Windows 10—from anywhere on the sales floor or even…

China UnionPay Smashes New Year’s Day Volume Record

China UnionPay Smashes New Year’s Day Volume Record

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] China UnionPay reports transaction volume on its payments network set a new record during the 2016 New Year’s Day holiday (from January 1 to 3). Volume and transactions reached 348.64 billion Yuan and 250 million respectively, up by 26.2% and 16.4% respectively year on year. Among these transactions, offline transactions made…

Quatrro Processing and Emailage Team to Target Chargebacks

Quatrro Processing and Emailage Team to Target Chargebacks

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Atlanta-based Quatrro Processing and Emailage have formed a partnership to empower both parties in leveraging their combined service offerings to provide end-to-end fraud and chargeback solutions that are tailored for merchants of all sizes. Emailage has access to more than 5 billion emails around the world with global coverage for fraud…

FTC - Federal Trade Commission Logo

FTC Snags CardReady & E.M. Systems for Card Laundering

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Federal Trade Commission and the State of Florida have charged CardReady, a payment processing business with credit card laundering and illegally assisting and facilitating a nationwide debt relief telemarketing scheme that allegedly bilked millions of dollars from consumers. When scammers cannot gain or maintain access to the credit card networks…