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.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the American Express “I’m A Hard, Hard Worker” TV ad.
MasterCard has named R. B. Santosh Kumar as country manager, Sri Lanka and Maldives. MasterCard has also announced plans to launch a local representative office in Colombo early next year.
Prepaid buyers are increasingly younger: 2 in 3 young adults (aged 18-34) surveyed bought prepaid cards, up from 3 in 5 surveyed in 2013. And they are increasingly mobile enabled, as nearly 2 in 3 smartphone owners, 3 in 4 smartphone and tablet owners, and 9 in 10 adults who have paid for goods and services by mobile phone have bought prepaid cards within the previous year.
Japan’s mobile payment service LINE Pay has unveiled v4.8 and has gone global. LINE Pay is a mobile payment service that lets over 170 million monthly active LINE users (on iPhone or Android) make payments for affiliated services or at affiliated shops in an easy and convenient way, regardless of their carrier or OS.
The Chip & Pin deadline will spur an increase in fraud so saith some. The rate of fraud won’t decrease; it will go up to record levels just before the deadline. Afterwards, we will start to see record levels of Card Not Present (CNP) fraud in the U.S., just as it has risen elsewhere Chip and PIN has been adopted.
VeriFone Systems reported net revenues (GAAP) were $491 million for the three months ended October 31st (Q4 FY14). Non-GAAP net revenues for the latest quarter were $491 million, compared to $432 million a year ago, a 13% increase.
New research expects Near Field Communications (NFC)-enabled mobile handset payments will account for $130 billion globally in consumer retail spend by 2020.
Denver-based Coalfire has been updated to include new Payment Card Industry (PCI) Data Security Standards (DSS) that will help large organizations manage their Self-Assessment Questionnaire (SAQ) process.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Margaret Keane, President and Chief Executive Officer, of Synchrony Financial.
Los Angeles-based Netcom PaySystem has signed a deal with a medium to high risk processor. Netcom wants to provide merchant processing to medium and high risk eCommerce merchants located in the United States, EU, UK, and Canada.