U.S. Bank’s Elavon has release its new software development kit, Commerce SDK which enables businesses to start accepting ApplePay and streamlines a path to EMV. The release enables small and medium size businesses to achieve the same sophisticated payment options as their larger competitors without the hefty price tag.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Ashish Bahl, Chairman and CEO of Acculynk.
With its 25th consecutive year of service to organization issuing credit cards, R.K. Hammer and its research and analysis division, Card Knowledge Factory, are expanding a series of best practice offerings to credit unions who desire to grow their card operations, and enhance card member experience.
CardWeb.com’s CardConferences today features the CARD FORUM & EXPO, April 8-10, 2015 at the Chicago Downtown Marriott in Chicago. This year the Forum has added a host of new features, including the Merchant & Retailer Think Tank, a new speed round of presentations called PayX and 50% more structured networking opportunities to help foster idea sharing and relationship building that lasts long after the conference concludes.
The master of secure cash handling is bring its money skills to payment cards with the launch of the Brink’s Prepaid MasterCard. TSYS’ NetSpend is the exclusive program manager and processor for the Brink’s prepaid card, issued by BofI Federal Bank.
FICO is teaming up witb LexisNexis Risk Solutions and Equifax to use alternative data to identify creditworthy individuals who would otherwise be unlikely to obtain traditional credit. Card issuers will be able to use the alternative score without having to “rip and replace” existing systems, significantly lowering the cost and accelerating time to market.
CardWeb.com’s CardData database of Company Profiles today features payment services provider AsiaPay. The Company serves over 3,000 merchants and almost 20 financial institutions in Asia. Joseph Chan founded AsiaPay in 1999.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Serena Williams & the Chase Masters: The Anthem Commercial.
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).
While the U.S. EMV payment card migration is going full steam to meet the approaching deadline this year, payment card fraud will continue to grow by more than 25% over the next five years. Thanks to EMV, U.S. counterfeit fraud will decline by more than 80%, however CNP (Card Not Present) fraud will grow by more than 100% between 2015 and 2020.
The number of U.S. bank credit cards-in-force (CIF) will nearly double between now and 2020. Forecaster RAM Research projects, based on current growth rates, the number of U.S. credit cards with the Visa, MasterCard, American Express and Discover brands will top 1 billion by 2020.