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.
The majority of credit unions have serious security concerns regarding insider threats. More than eight out of ten of the financial institutions acknowledge their biggest concern is confidential information being transferred to unauthorized recipients, while another 52% say they are worried about sensitive data being transferred by use of removable media.
Fraud prevention and risk management specialist Early Warning has signed a definitive agreement to acquire Authentify. Coupled with Early Warning’s 2013 equity investment and exclusive agreement with Payfone, the company has created a differentiated digital channels authentication solution suite that augments its identity and payments solutions.
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.
New research shows nearly two-thirds of Americans are now smartphone owner and 57% have used their phone to do online banking. However, nearly half of smartphone-dependent Americans have had to cancel or shut off their cell phone service for a period of time because the cost of maintaining that service was a financial hardship.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Chris Nelson, CEO and founder of Zoot Enterprises.