Epik has integrated Bitcoin as a supported method for payment and disbursement. Epik is known in the domain name industry as a full-service, all-inclusive registrar that is committed to protecting the interests of registrants through such practices as free whois privacy, commission-free marketplace, and free advisory services for customers navigating intellectual property inquiries. The company…
Nok Nok Labs has unveiled the Nok Nok S3 Authentication Suite – Premium Edition. The S3 Suite is the first unified platform enabling organizations to leverage standards-based authentication that supports existing and emerging methods of biometric authentication such as fingerprint, iris and voice. The Premium Edition of the S3 Suite provides organizations with an improved…
Citibank reports the Costco loan portfolio has grown to over $14 billion at the end of Q3, up from approximately $10.6 billion at acquisition. Fitch says Citi reported a 0.83% return on assets (ROA) in the third quarter, results which are lower on a sequential basis and from those reported a year ago. Fitch noted…
Bank card delinquencies edged up 1 basis point to 2.48 percent of all accounts in the second quarter. They remain significantly below their 15-year average of 3.70 percent. According to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin, delinquencies in closed-end loans fell slightly in the second quarter, driven by a drop in…
Fiserv has ankled Devin McGranahan as president of its Billing and Payments Group, effective November 1st. McGranahan succeeds Rahul Gupta, who will leave Fiserv in December 2016 to pursue other interests. McGranahan brings more than 25 years of business and leadership experience to Fiserv. He most recently served as a senior partner at McKinsey and…
Wells Fargo (WFC) reported revenue growth on both a linked-quarter basis and a year ago basis, due to spread income growth from higher earning assets. On a period-end basis, WFC reported subdued loan growth at less than 2% on an annualized basis. WFC reported growth primarily in credit cards, automobile, and CRE, partially offset by…
About 56% of retailers indicate their top digital priority is to create a consistent brand experience across channels. Retailers understand that consumers expect a personalized, seamless experience wherever, whenever and however they shop and they are focused on delivering a unified experience. According to the BRP 2016 Digital Commerce Survey, today’s unified commerce imperative moves…
A new study reveals more than half of consumers believe mobile wallets are less secure than cash—yet nearly 60% of executives say mobile money will build their business because it’s safe.Concerns about fraud and theft risks are inhibiting adoption of mobile wallets, but businesses underestimate the problem, according to a new global survey of consumers…
In Other News: FAPS (ShearShare); APRIVA (certification); BLACKHAWK (exec); and SPENDGO (Epson). FAPS- First American Payment Systems has partnered with ShearShare, a Tech.Co Startup of the Year 2016 and a technology company that matches licensed cosmetologists and barbers to empty salon space, to deliver a mobile payment solution for users of their platform. APRIVA –…
Worldpay is returning to the findev stage as a sponsor of the third annual Money20/20 Hackathon in Las Vegas, Oct. 22-23, for 24 hours of intense competition and innovation. Teams will have just 24 hours to battle for cash, prizes and international recognition while showcasing their skills and vision for the fintech industry using the…
Synchrony Financial has inked a multi-year renewal of its program to provide consumer financing for hhgregg, a specialty retailer of home appliances, televisions, computers and tablets, consumer electronics, home furnishings, mattresses and related services. Synchrony has provided a consumer financing program for hhgregg through the hhgregg Credit Card for more than 17 years. Qualifying cardholders…
VA-based Transaction Network Services has ankled two high-level senior executives. George Zirkel joins TNS as Senior Vice President and Head of Global Payments Strategy. John Tait takes on the role of Managing Director of TNS’ Payments Division for the Asia Pacific region. Zirkel will be based at the company’s headquarters in Reston, USA. Tait will…
