Visa Continues to Lead the Major 4 Networks in U.S. GDV YOY

Visa Continues to Lead the Major 4 Networks in U.S. GDV YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 9.0% year-on-year (YOY) in 1Q/16 reaching a record $1401 billion.   Visa led the way in the first quarter posting a 10.0% YOY gain for U.S. GDV. Visa reported first quarter GDV…

Other News: FISERV; CHECKALT; SAFETYPAY; and CARDX

In Other News: FISERV (Notifi); CHECKALT (Klik); SAFETYPAY (growth); and CARDX (Paychex). FISERV – Fiserv has launched a platform for the delivery of real-time alerts, enabling financial institutions to meet growing expectations among consumers and small businesses for information that is timely and actionable. Notifi from Fiserv consolidates information from across a financial institution’s systems…

MasterCard Powers 2MM Vodafone Cash Wallets in Egypt

MasterCard Powers 2MM Vodafone Cash Wallets in Egypt

MasterCard and Vodafone Egypt have completed the migration of two million Vodafone Cash mobile wallets to MasterCard’s open mobile payments ecosystem. The migration also enables MasterCard to power Vodafone Egypt mobile money service, Vodafone Cash, by processing all financial transactions through MasterCard’s Mobile Payment Gateway platform, which MasterCard has worked closely with the Egyptian Banks…

Oberthur Beefs-Up its COSMO Fly Dual Interface Card

Oberthur Beefs-Up its COSMO Fly Dual Interface Card

Oberthur Technologies has unveiled its new multi-payment dual interface card developed on OT’s Global Platform and Java-based operating system. OT’s COSMO Fly v5.8 is the first dual interface product which includes the latest features from both Visa and MasterCard. It is the first MasterCard M/Chip Advance v1.2 certified products with multi-application requirements and also conforms…

Worldpay Total to be Standard for Omni-Channel Payments

Worldpay Total to be Standard for Omni-Channel Payments

Worldpay Total has been launched into mainland Europe, providing an Omni-channel payments service designed to help brands deliver a consistent and convenient shopping experience across all sales channels, from their website to the Point-of-Sale.  Worldpay Total will provide a unified alternative to the approach currently adopted by many brands which often requires them to work…

Experian Pandora Powers DataArc 360

Experian Pandora Powers DataArc 360

Experian has launched DataArc 360 powered by Experian Pandora, part of Experian Data Integrity Services. The new data quality solution is designed to check the consumer credit information provided by data furnishers prior to submission to credit bureaus. Experian’s solution allows data suppliers to take more of a proactive approach to ensuring the accuracy of…

Other News: NRHA; EXADIGM; WELLS; and CARDFELLOW

In Other News: NRHA (PAI); EXADIGM (certification); WELLS (P2P); and CARDFELLOW (Square). NRHA – The North American Retail Hardware Association (NRHA) and Payment Alliance International (PAI) have formed a partnership to provide independent home improvement retailers with new credit card processing and payment services opportunities. A leader in electronic payment processing solutions, PAI currently serves over…