TX-based Mozido, a cloud platform mobile payments and retail engagement solutions provider, has acquired the majority ownership in SK C&C USA dba CorFire, a U.S.-based mobile commerce company previously wholly-owned by South Korean IT services provider SK C&C.
Financial Transmission Network (FTNI) has introduced the new ETran Mobile iOS software development kits (SDKs) enabling companies to embed mobile invoice presentment and payment processing functionality within iOS mobile applications.
Minneapolis-based bogopogo launched its new FRAMPLE (Free + Sample) plan providing absolutely free mobile coupon access to all restaurants across the United States to promote their best restaurant deal.
Visa is expected to gain another 10 basis points (bps) in marketshare in the fourth quarter. At the end of Q3/14, VS remained the U.S. giant with a 58.9% market share, compared to 26.1% for MC, 13.3% for AX and 2.5% for DS, according to CardData.
During the ongoing EMV rollout, card issuers are particularly vulnerable to account takeover fraud because crooks already know there will be an abundance of reissued cards in the mail as a result of EMV technology conversion. Additionally, the costs associated with returned mail may be significant for card issuers.
International (excluding the USA) Gross Dollar Volume (GDV) for Visa (VS) and MasterCard (MC) debit cards will likely top a record $1 trillion for the four quarter. During Q3/14 VS and MC produced $962 billion in international debit card GDV, compared to $932 billion in the prior quarter and $874 billion one-year ago.
Community banks reissued nearly 7.5 million credit and debit cards at a total reissuance cost of more than $90 million as a result of the Home Depot data breach.
Payza members with U.S. bank accounts can now access ACH deposits and withdrawals. For a limited time, Payza will waive the deposit fees for all U.S. bank transfer deposits over $200.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Nearly four of out ten middle-class military families (commissioned officers and senior NCOs in pay grades E-6 and above with household incomes of at least $50,000) experienced credit difficulties during the third quarter. The First Command Financial Behaviors Index says survey respondents reported a variety of problems with credit cards: •…
More than four out of ten U.S. and U.K. consumers believe using a third party payer such as PayPal or Google Wallet is the safest way to pay for goods online. However, third party payment providers can and will be targeted just the same as the retailers themselves.
3Delta Systems(3DSI) has teamed with London-based Enterprise Payment Solutions (EPS) to offer Enterprise Payment Exchange.The solution is a SAP-certified integration for EC-Pay, 3DSI’s buyer-initiated payments solution.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Andrey Tikhonov, Chief Operating Officer, of Kaspersky Labs.