Experian Data Breach Resolution issued a white paper on the current state of data breach legislation that shapes how companies must prepare for and respond to a data breach.
PNC Bank announced the launch of the new PNC Core Visa credit card and the PNC Cash Rewards Visa Signature Business credit card.
More than 50% of retailers in the US and Europe still have to consolidate their fraud management solutions across all channels. Omni-channel retail sales are predicted to reach $1.8 trillion (£1.1 trillion) in the US by 2017, with sales in Europe predicted to hit €920 billion (£660 billion), or 44%of total European sales, by 2018.
In today’s CardFlash News Que: NAB (award); MYCHECK (Twin Peaks); FISERV (PBC CU); and BLUESNAP (Sensibo).
New exponential smoothing analysis shows purchase transactions for U.S. Visa and MasterCard debit cards will slow to 6.7% in the second quarter, compared to 7.7% in the first quarter. CardData and RAM Research says U.S. credit card purchase transactions are quickly ramping up this quarter.
Purchase dollar volume (PDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 7.8% year-on-year (YOY) in Q1/15 reaching $1.1 trillion. RAM Research now predicts annual U.S. credit card PDV will top $4.1 trillion by 2019.
SC-based RushMyBitcoin.com (RMB) is rushing to introduce Bitcoins to the general public with an exclusive introductory offer. For a limited time only, RMB will let Bitcoin newbies try a bite of their first bit”at no charge. The company calls it the “Get Familiar With Bitcoin” give-away, details of which are on its website.
San Francisco-based Credit Karma has received $175 million in a Series D funding round with participation from Tiger Global Management, Valinor Management and Viking Global Investors. Investors have made $368.5 million in total equity investment to date.
WI-based Fiserv has expanded its card production capabilities to include milling and embedding, enabling the company to complete the entire EMV™ chip card production process in house and streamline the migration to EMV chip cards for clients.
Fiserv, Inc. announced that PBC Credit Union, based in West Palm Beach, Florida, has expanded its long-term relationship with Fiserv, upgrading its DataSafe® account processing platform and adding integrated digital solutions to enhance member services. The credit union added Mobiliti™ for mobile banking, Loancierge® for Credit Unions for automated lending, Wisdom™: Accounting for comprehensive accounting and Wisdom: 5300 Call Report Assistant for call report functionality.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Summer may be a big season for weddings, but a recent online poll by the National Foundation for Credit Counseling© (NFCC©) revealed that many believe smaller is better when it comes to the cost of the celebration. Among those responding, 65% felt that it would be best to have an affordable…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NCR Corporation, the global leader in consumer transaction technologies, today announced that Dos Toros, New York’s west coast-style taqueria, has selected and rolled out a complete NCR restaurant technology solution to help improve the customer experience and efficiency of its business across its growing New York City sites. Opening its first…