Look out Automated Clearing House (ACH), as Dwolla has inked a major deal with the largest financial institution to provide real-time transfers to and from its network in the USA. BBVA Compass will enable its customers to send and receive funds instantly through the Dwolla all-digital payments network.
Microsoft-owned Skype users will now have to option to top up their accounts at more than 50,000 Western Union Agent U.S. locations. Western Union’s new Skype Credit is aiming for the banked, under-banked or un-banked.
Cryptocurrency is trying to get into the mainstream and the Ziftr cryptocurrency/credit card payment platform may be the answer. The Company notes for each credit card purchase, up to 3% of the total transaction value goes to swipe fees alone, while cryptocurrency fees are typically under 1%.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Derek Webster, Founder and CEO of CardFlight.
Acceptance of MasterCard consumer cards for Apple Pay is picking up more steam with the addition of 25 new financial institutions nationwide. In addition, cardholders with a MasterCard small business card from Bethpage Federal Credit Union or Navy Federal Credit Union can also now leverage Apple Pay.
Upromise by Sallie Mae reports its Upromise MasterCard card surpassed $50 million in cash back earned for college last year. Collectively the MasterCard program has rewarded nearly $450 million total cash back since the card’s inception.
CardWeb.com’s CardData database of Company Profiles today features data communications and interoperability solutions provider Transaction Network Services. Founded in 1990 in the United States, TNS has grown steadily and now provides services in over 60 countries across the Americas.
Chase is launching a barrage of new ads showcasing everyday banking transactions like depositing checks through the Chase Mobile App or at Chase ATMs. The new Chase Mastery campaign features masters of various crafts such as the Rockettes.
U.S. Bank has inked deal with the American Red Cross’ to be the sole prepaid card provider offering Red Cross staff and clients safe access to emergency money with the U.S. Bank Prepaid Debit MasterCard Disaster Relief Client Assistance and Mission cards.
In today’s CardFlash News Que: SHOPKEEP (SSBI); WEX (Evolution1); FIS (InfoShare Conference); and PYMNTS (R2).
TouchSuite has taken non-profit payment processing for non-profits to a new level. The new, unique relationship with the non-profit advocacy and support institution, PVBLIC Foundation, will create an advantageous financial service partnership for the nearly 100 non-profit organizations within its network.
In today’s CardFlash News Que: SITESAGE (PCI); BANKRATE (Prepaid); Zoho (CRM); and ACCREDITRUST (funding).