Banco de Chile, the second largest financial institution in the Chilean banking market, with a strong focus on retail banking. The bank is currently replacing its automated teller machines with secure systems from Wincor Nixdorf, and as part of this process, it has now ordered another 500 CINEO ATMs.
G6 Hospitality, parent company of the iconic brands Motel 6 and Studio 6 has selected Ingenico Group’s customer-facing iSC Touch 480 touchscreen readers, designed for high-traffic and high-volume lodging and retail environments.
In today’s CardFlash News Que: NRF (fraud); JORY (USAePay); ALPHA BAY (Sprindle); Q-CASH (conferences).
Austin-based RideScout has acquired GlobeSherpa, a market leader in mobile solutions for public transportation with mobile book-and-pay ticketing in several major US markets, such as Portland, San Francisco and Chicago.
American Express global Gross Dollar Volume (GDV) is growing 3.3% annually, compared to an average of 1.6% for its peer group: the four top U.S.-based networks, according to CardData. RAM Research forecasts Q2 global AmEx GDV will slightly exceed $276 billion.
Discover’s credit card outstandings will likely top $55 billion for the second quarter according to forecaster RAM Research. CardData says Discover’s credit card outstandings continued strong in the first quarter rising 5.1% as Purchase Dollar Volume (PDV) rose 2.7%, year-on-year (YOY).
CA-based Batched.com is providing minority owned businesses EMV ready and Apple Pay enabled credit card processing equipment at no cost to make sure minority owned businesses are compliant with the new Visa MasterCard regulations taking effect on October 1, 2015.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Pieter van der Does, Co-founder / President & CEO of Adyen.
Gross Dollar Volume (GDV) for debit cards among Visa’s international regions dropped sharply in the first quarter to 9.5%, compared to 11.9% in the year ago quarter on a currency adjusted basis (FX), according to CardData. RAM Research projects the year-on-year (YOY) growth in Q2/15 will rise 40 basis points (bps).
Gross Dollar Volume (GDV) for debit cards among MasterCard’s international regions declined in the first quarter to 20.8%, compared to 22.9% in the year ago quarter on a currency adjusted basis (FX), according to CardData. RAM Research projects the year-on-year (YOY) growth in Q2/15 will rise 60 basis points (bps).
National Payments Corporation of India (NPCI) and JCB International (JCBI) have inked a deal for acceptance of JCB card at all NPCI acceptance locations under the NPCI network, which has 1 million card merchants and 200,000 ATMs across India.
Apriva and Amano McGann have inked a partnership to offer EMV to parking payment systems nationwide. Apriva will be enabling integration of their EMV-ready Apriva Gateway into Amano McGann’s parking solutions for both attended and unattended parking systems across their network of more than 5,000 locations.