Payment card profits for the top four networks will likely rise nearly 4% for the second quarter predicts forecaster RAM Research. Visa, MasterCard, American Express and Discover reported a combined 1Q/15 profit of $4090 million, compared to $3975 million for 1Q/14.
The quest for the best security with privacy considerations and anonymity may have been discovered by DC-based Anonos. The company has been issued U.S. Patents for its pioneering solutions to architecturally enforce controlled conditions capable of satisfying even the most stringent U.S. and EU data privacy regulations.
The total value of mobile transactions processed throughout the world is expected to escalate to in 2019 surging at a CAGR of 122.2% over the period of 2015-2019. The massive increase in the payments, remittance and banking value is anticipated to be driven by Asia-Pacific region, with countries including China and India.
Chase Card Services confirmed its has entered into a consent order with the Consumer Financial Protection Bureau and agreements with attorneys general for 47 states and the District of Columbia relating to practices stopped years ago for its sworn document, collections litigation and certain debt sales practices on defaulted credit card debt.
Synaptics has unveiled a new Match-in-Sensor fingerprint authentication technology, the industry’s first fully hardware encapsulated fingerprint sensor and matching solution. Synaptics’ innovative Match-in-Sensor secure authentication technology is literally off the grid, isolating fingerprint image enrollment, pattern storage and biometric matching within the fingerprint sensor to provide ultimate protection against on-device threats.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Sunil Bharti Mittal, Chariman of Airtel Money.
TV and video ads from Discover “Freeze” totally rocks in the second quarter. Ads from Discover Card tap into what is called the “professor personality” to inform and reach consumers.
American Express has redesigned its U.S. Amex Mobile app for iPhone and Android. Available for Personal, Small Business and Corporate Card Members, the redesigned app includes the convenience of Touch ID login, nearby offers on a map, rewards information and unique mobile service features like on-the-spot fraud alert verification.
CardWeb.com’s CardData database of Company Profiles today features iZettle.
American Express has brought to the market Amex Express Checkout, a first-ever, fast and secure way for U.S. cardholders to check out quickly at participating online merchants by using their americanexpress.com account login.
CU Wallet, a Credit Union Service Organization (CUSO) providing the industry’s first credit union driven mobile payments application, and Relevant Solutions, the provider of mobile in-store shopping content for financial institutions, have entered a strategic alliance integrating merchant offers and promotions with CU Wallet’s mobile wallet.
CardWeb.com’s CardData Reports today features the
Middle Market Power Index: Taking the Global Stage from American Express and Dun & Bradstreet.