Visa’s quarterly net income is projected to slow for this year and hover at the $1.5 billion mark in the fourth quarter and the first quarter of 2016. Forecaster RAM Research predicts Visa net income for the first quarter will be $1504 million, due to the continued strengthening of the U.S. dollar.
NY-based Transfast has launched mobile and online money transfer services to nine banks in Pakistan. Pakistan attracted about US$17 billion in remittances in 2014, making it the seventh-largest remittance market in the world.
Verifone’s end-to-end encryption and tokenization solution has been vetted against PCI Data Security Standard (DSS) requirements. VeriShield Total Protect protects merchants, payment providers and consumers alike.
Jim Battista is back and has helped form the new Factor4 business to offer gift and loyalty solutions to merchants. The Company has acquired the book of business containing over 11,000 gift and loyalty customers from SparkBase.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Annmarie Hart, president and CEO of MagTek.
CardWeb.com’s CardData database of Company Profiles today features Revel Systems.
CardWeb.com’s CardConferences today features the NFC Forum “Tap Into NFC Showcase” in Shanghai, from 5:30 to 7:30 p.m. on June 2 at the Grand Hyatt Shanghai.
Bigcommerce goes big time with a partnership with Braintree and PayPal to offer an end-to-end ecommerce solution that makes it even easier to launch and grow an online store. As a result, Bigcommerce merchants will benefit from a ton of business-accelerating features.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Walmart Credit Card TV Spot, “Own the Season.”
Pivotal Payments’ FlexPoint division has teamed with Datacap Systems. The partnership signifies the launch of Pivotal Payments’ exclusive FlexPoint ePay and FlexPoint Tran services based on Datacap’s popular integrated payments middleware.
In today’s CardFlash News Que: MASTERCARD (Italy); BLUESNAP (award); UNIONPAY (Taiwan); and PAIDEASY (payments).
Chicago-based Vibes’ Catapult Wallet Manager platform now supports Apple Watch. Vibes sends more branded content (coupons, loyalty cards, etc.) to Passbook than any other tech company.
