Jack Henry’s ProfitStars division has introduced a new platform that enables financial institutions to provide custom online payment and donation services for business customers.
San Francisco-based CARDFREE, has reached over two million consumers on its platform and has signed a top international retailer.
The Company’s mobile commerce platform provides full customer lifecycle capabilities, including smart offers, gifting, order-ahead, stored value, payments, loyalty and rich data analytics.
MD-based Merchant Link will use Bluefin’s Decryptx PCI-validated Point-to-Point Encryption (P2PE) Solution to enterprises and retailers utilizing Merchant Link’s TransactionLink middleware for EMV and contactless payment acceptance on integrated POS (iPOS) systems.
Visa is teaming with FIs globally to enable mobile payment services. BBVA and Cuscal have launched new issuer-branded mobile payment applications for mobile devices running on the Android operating system.
Columbus Data Services (CDS) has certified Wincor Nixdorf’s cash dispenser technology, the ProCash 280. CDS provides ATM services for more than 87,000 terminals nationwide and is one of the nation’s largest ATM processors.
Mobile payments technology and processing company, Calpian, reported revenues rose 7% sequentially. Domestic revenues declined 5%from the prior quarter, but India revenues climbed 11%.
San Francisco-based Weebly has teamed with Square. Small businesses can build a website, blog and eCommerce store with Weebly and sync it directly to their Square account, streamlining purchases both online and offline.
A new study finds that by including on-time utility payments in credit reports, there was nearly a 50 percent drop in subprime consumers with credit scores between 300 and 600.
The average charge-off ratio among the nation’s four largest issuers declined 37 basis points (bps) year-on-year (Y/Y) to 2.97% in the fourth quarter (Q4/14). The top 100 U.S. banks posted a 34 bps decline last year, also to 2.97%.
MasterCard’s European region Gross Dollar Volume (GDV) rose year-on-year (Y/Y) 16.2%, on a local currency basis, in the fourth quarter (Q4/14). Growth in the region has been growing steadily and will likely remain so through 2015.
Purchase transactions (PTX) for Visa and MasterCard credit and debit cards in the U.S. grew by 8.1% year-on-year (Y/Y) in the fourth quarter. Purchase transactions volume will likely hit 17.16 billion in the first quarter, according to forecaster RAM Research.
AZ-based Electronic Commerce International has partnered with Xero to connect merchant’s credit card processing to Xero and promote, sell and train merchants on Xero accounting software’s various capabilities.