Jacksonville, FL-based FIS reported third quarter revenue increased 6.9% to $1.605 billion from $1.502 billion a year earlier. GAAP net earnings from continuing operations was $152 million down 13.1%,compared to $175 million in the prior year quarter.
UL launched its Collis Visa Cloud-based Functional Test Suite. Implementing the Visa Cloud-based Payments Contactless Specification (VCPCS v1.4) through Visa’s relatedVCPCS test plan, it helps Visa card issuers in testing and precertification of their Visa payWave mobile payment applications implemented as a Host-based Card Emulation (HCE) compatible mobile application.
Naples-based ACI reported new sales bookings, net of term extensions (SNET), increased 6% in the third quarter, compared to the prior year quarter. Overall sales bookings including term extensions increased 18% compared to the prior year.
Google’s announced a new way to add money to its Wallet Balance by automatica recurring bank transfers for faster access and no Google Wallet fees. There are no fees or minimum balance requirements for the Wallet Balance.
Experian will continue to team with the U.S. Small Business Administration for BusinessIQ Express program. The program is targeted to economically challenged businesses and those in depressed areas.
A new study finds banks across the globe, especially from more mature economies, are increasing their innovation investments in 2014 compared to 2013 to keep pace with increasing customer expectations and respond to new market entrants.
CardWeb.com’s CardExecs database of card industry movers and shakers today features Glenn Schneider, Senior Vice President and Chief Information Officer for Discover Financial Services.
Global consumer confidence is coming back slowly, but surely. An quarterly Index finds it has now exceeded a pre-recession level of for three consecutive quarters.
A new survey finds 40% of North American consumers have used their smartphones to make a payment at a merchant location, up from 16% reported in a similar survey two years ago. The study found that 8% of respondents use digital currencies to complete a payment transaction at least weekly, and 18% expect they will use digital currencies at least weekly by 2020.
CardWeb.com’s CardWatch database of more than 57,000 marketing items including direct mail, print ads, TV ads, etc. today features the Bank of America “Bennie Stops Growing” TV ad.
First Data Merchant Solutions revenues were flat for Q3/14, while Financial Services jumps 7% and the International segment gains 4%. During Q3/14 First Data announced its collaboration with Apple Pay and acquired Gyft.
NY-based ShopKeep, provider of an intuitive, secure, iPad-based point-of-sale system, has introduced a gift card. The ShopKeep gift card will be available for ordering on November 1st.