Nearly one-half of smartphone bankers are banking from their mobile phones in the bedroom. Additional findings show 30% bank while in the bathroom and 13% while driving. Among online smartphone shoppers, 4% of them are shopping on their mobile phones while crossing the street or standing in line (18%).
Bank of America Merchant Services inks its participation in the American Express’ OptBlue program. OptBlue provides simplified sign-up and management of American Express card-related processing for small businesses.
DB Card Services in the Netherlands has issued the 1.3 millionth Card Issued by Prepaid Financial Services. The DB Card is a Euro Prepaid MasterCard launched in 2013 by PFS and DB Cardservice, an innovative payment provider and distributor based in Netherlands.
The Visa Board of Directors elected Lloyd Carney as a new independent director. Mr. Carney will also serve as a member of the Board’s Audit and Risk Committee.
Rêv Worldwide, a payments processing and product innovations company announced that Yobie Benjamin has been appointed and elected Chairman of the Company’s Board of Directors.
P2P (person-to-person lending) lending volumes are equivalent to only a small fraction of the lending undertaken by traditional financial institutions, but P2P lending platforms can be viewed as an interesting development but not a competitive threat to traditional lenders. However, the emergence of P2P lending is a valuable new source of financing in the post-2008 global economic and financial world and has the potential to close the credit gap.
Verifone will be among the first to enable clients to accept rewards and loyalty information in addition to NFC payments at the terminal via Apple Pay.
LendingTree, the nation’s leading online loan marketplace, has announced a series of senior executive appointments to fully align the company’s management team for rapid scale and to leverage new growth opportunities.
In today’s CardFlash News Que: LEXIS-NEXIS (FICO); CHASE (Sapphire Card); IDEEL (Groupon); FISERV (CUnify).
Effective October 2015 Visa will accept airline-supplied flight manifests as a remedy for fraud payment card chargebacks. This remedy represents an opportunity for the airline industry to recoup millions of dollars lost each year in “friendly fraud,” which occurs when a cardholder claims fraud for a transaction they were involved in.
New research shows shoppers’ number one pain-point limiting them from regularly using coupons is forgetting them at checkout in-store. In fact, 79% of surveyed shoppers shared they would not buy an item if they forgot to bring a coupon in-store.
Miura Systems, the market leading UK-based mPOS platform provider has teamed with AZ-based Apriva, provider of secure end-to-end wireless transaction and information solutions.