Bank Audi and Verifone Team for Cashless Payment Solutions

Bank Audi and Verifone Team for Cashless Payment Solutions

Bank Audi, Lebanon’s largest bank, has teamed with Verifone to provide thousands of merchants with point-of-sale (POS) devices designed to bring new payment and commerce capabilities to the country’s expanding retail market. The deal is part of the country’s retail infrastructure upgrade. Supporting Bank Audi’s merchant services in both countertop and mobile retail sales environments,…

PAYFORT Integrates Mastercard Payment Gateway Services

PAYFORT Integrates Mastercard Payment Gateway Services

Mastercard and PAYFORT, a major Arab online payment service provider, have announced a strategic collaboration to introduce the next generation of payment solutions – enabled by Mastercard Payment Gateway Services. Building on Mastercard’s proven approach to helping businesses create better online purchase experiences for their customers, the agreement will enable e-commerce merchants using PAYFORT’s online…

Masterpass Global Digital Payment Service Set to Explode

Masterpass Global Digital Payment Service Set to Explode

MasterCard unveiled the foundation for the future of commerce with the new Masterpass global digital payment service. This enhanced solution enables consumers to look no further than their own trusted bank or credit union to make fast, simple and secure digital payments – across devices and channels – anywhere they want to shop be it…

GraspPAY Integrates with Concur

GraspPAY Integrates with Concur

Grasp Technologies reports its business travel payment solution, GraspPAY now seamlessly integrates with Concur, an industry first. As one of the world’s leading automated corporate travel and expense management solutions, Concur is widely used by travel managers to manage travel bookings and expense reconciliation. GraspPAY automates not only the process of issuing single-use virtual card…

In Other News: ADS (deal); WISEKEY (BVLGARI); ICBA (CEO); and FIS (PAI)

In Other News: ADS (deal); WISEKEY (BVLGARI); ICBA (CEO); and FIS (PAI). ADS – Alliance Data Systems announced its Columbus, Ohio-based card services business, a premier provider of branded private label, co-brand and commercial credit programs, has inked a new long-term agreement to provide private label credit card services for Secaucus, N.J.-based The Children’s Place,…

Cardinal Commerce Racks Up More than 60 Global Payment Patents

Cardinal Commerce Racks Up More than 60 Global Payment Patents

CardinalCommerce has significantly expanded its global patent portfolio. The company’s U.S. and international patent portfolio now totals 63 issued patents, with a dozen new patents recently granted from five countries. Cardinal’s patents include sophisticated technology, architecture, engineering and applied sciences to protect its business and provide a safe haven for its Customers and Partners. Cardinal…

PayVector’s New Owners Add Best-of-Breed Fraud Prevention

PayVector’s New Owners Add Best-of-Breed Fraud Prevention

The PayVector payment processing gateway is in the new hands of Guildford, UK-based ai Corporation from Iridium Corporation. The PayVector gateway processes payments for 38,000 merchants & £2 billion transactions per year. The acquisition will bring together best-of-breed fraud prevention with multi-channel payment processing. PayVector was founded in 2007 to offer a wide range of…

Payments as a Service (PaaS) Need EMV-Enabled Security

Payments as a Service (PaaS) Need EMV-Enabled Security

As Payments as a Service (Paas) soars, multiple businesses have formed partnerships and rolled out new EMV-enabled security to protect sensitive payment information. According to the latest edition of the PYMNTS.com Payments as a Service Tracker, done collaboratively with Cayan, several companies have partnered with one another to improve their security going forward. Action Systems…