Convenience was the most positively discussed aspect of new digital payment methods in shopping and retail related conversations (77%), with the travel sector leading the way in terms of the highest share of coverage. According to a new survey consumers specifically highlighted their preference for not necessarily needing to take their wallet on every trip and being able to use mobile payments when they travel.
OH-based Open Cab announced the launch of a new app that enables users to book a cab worldwide without worrying about surge pricing or other inconveniences.
Acculynk has worked directly with the following regional debit networks including PULSE, Accel, Star, NYCE, Shazam and CU24 to launch a single Global True Debit gateway that enables dynamic least cost routing across these networks for e-Commerce transactions.
Brooklyn, NY-based Access One ATM, has partnered with ATM manufacturer Genmega to provide charitable donations at the ATM through a new program – Charity ATM.
Alliance Data Systems has introduced an EMV-based co-brand credit card solution with tap-and-pay functionality for its retail partners. The first of these dual-interface chip cards are co-branded with MasterCard and BJ’s Wholesale Club and the Fuel Rewards program.
Bankrate has reached a final settlement with the Securities and Exchange Commission that concludes the company’s part in its investigation related to its historical financial reporting for the quarter ended June 30, 2012.
Performance Horizon added two executives to meet the company’s growing global IT and communications needs. Alistair Wyse was appointed Chief Information Officer and Erik Mikisch was named Vice President of Marketing.
In today’s CardFlash News Que: PAYITSIMPLE (awards); SYNCHRONY (speeches); FISERV (DNA) and B2B SOFT (exhibit).
In the wake of China opening up is network Visa and MasterCard on June 1st China UnionPay (CUP) transaction volume continues to explode racking up a stunning 48% increase in 2014, following a solid gain of 37% in 2012. Last year, CUP’s bankcard interbank transaction volume hit 32.3 trillion yuan (US$ 5.18 trillion).
Japan’s JCB continues this year to expand its worldwide acceptance and issuance with new deals in Europe, as well as the LAC, ME and AP regions. Based on current metrics JCB is expected to surpass the US$500 billion in annual transaction value milestone by end-of-year (EOY) 2019. JCB racked up US$223 billion in transaction value last year, according to CardData.
Verifone achieved record North America net revenues for the third consecutive quarter driven by security needs and EMV migration, and increased demand for Petroleum, Media, and our Payment as a Service offerings.
Chase launched this week its annual speaker series featuring Delivering Happiness’ Jenn Lim. In addition to 20 invitation-only seminars across the country this fall, a live webcast will be broadcast via Chase YouTube on October 14 from San Francisco.