Discover has launched a new cardholders feature that acts like an on/off switch to stop new purchases on their accounts, from a mobile device, online or over the phone. The new innovative Freeze It feature adds another layer of protection to Discover’s continued efforts to increase cardmember security and help prevent fraud.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Amit Zuckerman, Executive Vice President and President of Global Operations and Brink’s Global Services.
The majority of retailers accepting credit cards are still vulnerable to the newest threat to accepting credit cards from consumers. Researchers from the Cisco Security Solutions team have dubbed the latest malware to attack point-of-sales (POS) systems PoSeidon.
CardWeb.com’s CardData database of Company Profiles features POS software provider TouchSuite.
Synchrony Financial has inked two private-label card deals this week with The Pep Boys and Guitar Center. The Pep Boys card also delivers added value by providing a convenient way to pay for gas and for use at thousands of CareCareONESM dealers nationwide. Synchrony will work with Guitar Center, Musician’s Friend and Woodwind & Brasswind to offer special financing options.
CardWeb.com’s CardData Reports today features the inaugural Middle Market Power Index from American Express and Dun & Bradstreet. Using Dun & Bradstreet’s proprietary databases of commercially-active U.S. firms, the report analyzes the characteristics and economic impact of middle market enterprises”defined as businesses generating between $10 million and $1 billion in revenues.
Slightly more than one in five dollars (21%) of U.S. business revenues come from the middle market, and these firms employ over one in four workers (28%) in the private sector. Middle market companies have led job growth since 2008, with a 4.4% increase in private sector employment”outperforming both smaller businesses (less than $10 million in revenues) and the largest companies (more than $1 billion in revenues).
CardWeb.com’s CardPixes database of more than 7,000 images today features the RBC Visa Infinite Avion card.
Issues in supporting 3D Secure (Verified by Visa and MasterCard SecureCode) in the travel agency distribution channel are coming under the microscope. The second task force focused on improving processes to reduce credit card acceptance costs, including fraud and chargebacks.
In today’s CardFlash News Que: KOFAX (Blackhawk); SAFECHARGE (Tain); Q2 (Acculynk); and
Amalto Technologies (ServiceMax).
eBay continues to rejigger the upstair suits as it prepares for the separation of eBay and PayPal into independent publicly traded companies in the second half of 2015.
PreCash has inked a partnership with ProPack, developer of the productivity toolbox app for Android devices, to include its Evolve Money bill pay application in ProPack’s productivity bundles.