London and Los Angeles-based inAuth snagged a new top executive from Monitise. Lisa Stanton, formerly the President of the Americas for Monitise, will now serve as InAuth CEO.
NY-based CardFlight and NY-based Merchants’ Choice Payment Solutions have teamed to provide a custom mobile POS solution to merchants through its sponsor bank’s network of retail branches.
U.S. American Express cardholders who are enrolled in the Membership Rewards program can now use Membership Rewards points for Airbnb eGift cards.
The maker of the first and largest valet parking apps for consumers and operators that offers interactivity, seamless mobile payments and on-demand services, added two top executives.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Barry McCarthy, President of First Data’s U.S. Financial Services.
India’s Standard Chartered has signed a multi-year agreement with Earthport to offer customers International ACH payments. Global economic activity continues to increase and with the operating environment for businesses becoming more complex and competitive, a key focus for Corporates is to ensure they are able to centralise treasury operations and put in place solutions that offer improved operational efficiencies and allow greater visibility and control over their global payables. The IACH enables efficient execution of scheduled and high-volume cross-border payments like payroll, dividend and other statutory payments. A key benefit includes the ability to make multi-currency payments from a single account without having to maintain local bank accounts. This will also give bank customers access to a wider network of local clearing networks.
SumAll and the Square partnership are expanding to Canada. The deal enables users in Canada to access Square data along with analytics from dozens of additional platforms, including social media services and other payment providers
The number and sophistication of cyber threats will continue to increase exponentially. Fueled by both geopolitics and economic incentives, international (and often state-sponsored) criminal organizations will escalate their development of offensive cyber capabilities.
Among the top six U.S. credit card issuers, the average 30+day delinquency rate is likely to top 2.00% in the fourth quarter, reversing a four year downward trend. The average 30+day delinquency rate was 1.93%, compared to 1.83% in the second quarter, and compared to 2.12% in the year-ago quarter, according to CardData..
Global mobile marketing is expected to grow at a CAGR of 28.8% through 2019. Over the past few years SMS marketing has become a legitimate advertising channel in some parts of the world.
The world’s first interactive payment card technology with a built-in computer enables consumers to instantly switch to different currencies with the touch of a button on the card. The new interactive MasterCard is powered by Pittsburgh-based Dynamics and will be offered to issuers globally.
Miami-based YellowPepper has rolled-out the Yepex Smart Wallet in Latin America. The Company recently collaborated with eGlobal, Mexico’s
largest electronic payment processor.