The five million members of the Fuel Rewards program can now link their loyalty, credit, debit and prepaid cards to their smartphones. These capabilities will be complemented by the May 2015 roll-out of the company’s next-generation card-linked offer (CLO) program, which allows members to link any debit or credit card to the loyalty program.
While the first release of Apple Watch will attract gold-standard customers: high income, younger, and extremely engaged in digital banking, payments, and shopping, the second wave of adopters will likely follow in 2016 year, which could be the real test for apple.
Acceptance of MasterCard consumer cards for Apple Pay is picking up more steam with the addition of 25 new financial institutions nationwide. In addition, cardholders with a MasterCard small business card from Bethpage Federal Credit Union or Navy Federal Credit Union can also now leverage Apple Pay.
Chuck Fagan is returning to PSCU after a two-year stint at
the Credit Union Executive Society (CUES). Acting CEO Tom Gandre will return to his role as Executive Vice President and Chief Operating Officer on April 27 when Fagan takes the reins.
In today’s CardFlash News Que: QCard (EMVCo); Acumera (ZipLine); Net Element (PayOnline) and Passenger (Giftbit).
The nation’s leading credit union service organization (CUSO), was honored as a finalist for the Stevie Award for Contact Center of the Year in the ninth annual Stevie Awards for Sales & Customer Service. PSCU claimed the bronze Stevie Award in the Financial Services Industries category for contact centers with over 100 seats.
The first mobile wallet designed exclusively for a retail card partner is here. Marcus and Capital One have introduced the new Neiman Marcus (NM) Mobile Wallet, now available within the NM App for all Apple iPhone users.
Nigeria’s Diamond Bank has become the first African bank to launch a fingerprint recognition feature on its mobile app. The service, an iOS Touch ID, is a major leap for the African bank.
CA-based CO-OP Financial Services is re-launching CO-OP Mobile, its mobile banking application now featuring optional real-time, person-to-person payments and remote check deposit capabilities for credit union smartphone users.
San Francisco-based LoungeBuddy now enables travelers passing through ALD’s The Club Airport Lounge locations in the USA to instantly purchase lounge access through the LoungeBuddy mobile App using Apple Pay or a major credit card.
AZ-based Electronic Commerce International (ECI) has hopped on the Apple Pay bandwagon. Small and mid-sized merchants can now take advantage of this fast and secure in-store payment method via ECI.
There is little doubt Apple Pay has set the stage for mobile payments as iPhone unit sales hit 74.5 million in the fourth quarter. Apple Pay currently accounts for two out of every three dollars spent in contactless payments over the top three payment networks.