Following Discover and Capital One, Citi has begun delivering complimentary FICO Scores to Citi-branded consumer credit cardholders. Citi ended 2014 with 23.6 million U.S. bank credit card accounts.
While the banking industry is avoiding the emerging marijuana-related business, mainstream investors are preparing to jump in as it is expected to become legal in many more states within the next three years.
Synchrony Financial is plowing bucks into GPShopper, a developer of mobile apps with a focus on the retail industry. GPShopper’s solutions empower retailers to garner customer engagement and loyalty by bridging the online and in-store shopping experience with the use of mobile technologies.
Americans still have an affinity for cash over credit cards. A new survey found respondents between ages 18-64 say they prefer cash/debit over all other forms of payment. Those 65+ prefer credit cards.
The clock is ticking for the U.S. EMV migration deadline, but new research shows more than 50% of retailers not fully prepared as EMV deadlines approach.
AZ-based 5th Dimension Logistics has unveiled its advanced Automatic Recurring Billing system (ARB): an enterprise-level system designed to assist corporations by automatically billing accounts placed on recurring billing and layaway plans. With this launch, 5th Dimension Logistics has continued to emphasize the importance of a simple all-in-one solution.
WEX Europe has entered into an international agreement with Voxel Group. The combination of the WEX and Voxel solutions accelerates the delivery and receipt of hotel invoices by automatically sending these at the relevant point in business-as-usual processes (e.g., at customer check out).
Anyone paying attention knows credit unions and banks have had their card interest income business models under siege since 2008. So it no surprise that renewed attention has been turned instead to fee income models, and ways to boost that increasingly important revenue stream.
Atlanta-based Vanco Payment Solutions relaunched with new branding and a new website that amplifies its position as a top provider of specialized payment solutions for faith-based, nonprofit, and professional services organizations. The company processes over 13.1 billion in electronic payments annually for more than 30,000 clients.
ACI Worldwide inked a strategic partnership with LD Systems, an international provider of ATMs, financial equipment and technology services. This partnership will enable LD Systems’ clients to offer quick, easy and safe bill pay options at kiosks across the USA.
FL-based IBS announced the release of its new IBS Cloud Point of Sale system. Virtually any browser equipped iPad, Windows tablet or computer can be used as a full featured retail point of sale terminal.
CardFlight has partnered with Integrity Payment Systems to offer CardFlight’s mobile POS solutions to Integrity’s merchants and partners. As part of the partnership, Integrity will leverage CardFlight’s SwipeSimple product as their preferred mobile POS solution for merchants looking to accept mobile payments from smartphones and tablets.