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.
NYC-based ShopKeep, the cloud-based technology and business management solution used by more than 20,000 independent merchants, today announced its collaboration with MasterCard and the MasterCard Easy Savings® program.
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).
Payment card profits for the top four U.S networks are poised to rise 11% in the third quarter, despite the fuel price collapse, says CardData and RAM Research. Visa, MasterCard, American Express and Discover reported a combined 2Q/15 profit of $4103 million, compared to $3705 million for 2Q/14.
U.S. credit card outstandings end-of-period (EOP) among the Big 6 issuers will likely be flat in Q3/15 driven by falling fuel prices and increasingly debt sensitive consumers. U.S. credit card outstandings end-of-period (EOP) among the Big 6 issuers rose by a mere 2.3% year-on-year (YOY) in the second quarter to $474.5 billion.
EVO Payments International has done a successful completion of the purchase of Citigroup’s merchant acquiring business in Mexico, conducted through Banco Nacional de Mexico S.A. (Banamex), a wholly-owned subsidiary of Citigroup.
RBC has been awarded a patent on its innovative Secure Cloud payment and security technology by the United States Patent Office. The patent covers use of secure tokens by its clients to facilitate payments from mobile devices.
TransFirst has inked a strategic sales partnership with PatientPay, an online practice management and payment technology for healthcare practices.
First American Payment Systems and Womply have partnered to offer merchants 1stPayInsights, a powerful platform to enable First American’s merchants to grow, protect, and simplify their businesses.
Djibouti-based East Africa Bank has unveiled its first co-branded MasterCard payment card in Djibouti, with the roll-out of 5,000 MasterCard debit cards.
Pay & iATS says its platform integrates with iATS Payments. This integration enables a new frictionless process for nonprofit fundraising.
In today’s CardFlash News Que: MASTERCARD (Sri Lanka); TSYS (The Edge) and VISA (Deutsche).