VeriFone’s UX Solutions series of unattended payment devices has achieved an industry-first certification to Canada’s first and only contactless debit payment solution, the Interac Flash 1.5 contactless payment specifications.
Paris-based Atos and US-based NGDATA have introduced a Big Data omni channel solution for banks worldwide. The solution is built on Canopy’s Data Platform and underpinned by big data machine learning capacities, banks can target their customers more effectively, enhance customer loyalty and strengthen their output.
Payment cards transaction value in Switzerland grew by a compound annual growth rate (CAGR) of 3.31% between 2009 and 2013, and is expected to continue to grow at a 2.85% CAGR through 2018. In terms of transaction value, both the credit and charge card markets recorded CAGRs of 4.84% and 4.24% respectively, between 2009 and 2013.
. CA-based MyECheck says it is back on track plan to launch its mobile payment apps in January. The MyECheck mobile payment solutions do not require any special hardware, and will work with all smart Apple and Android devices.
The NFC Forum has released a new white paper to guide any developer seeking to give consumers seamless access to Bluetooth and Wi-Fi services using Near Field Communication (NFC). The white paper details the use of NFC’s connection handover capability.
At the request of the Federal Trade Commission (FTC), a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.”
Higher competition, stringent regulations and the possibility of adverse outcomes of the ongoing litigations raise both operational and financial risks for Visa going forward. Nevertheless, Zacks Investment Research notes a strong network of merchants and updated technology should drive growth.
Experian released a new study with the Ponemon Institute on data breach preparedness which found that executives are concerned about the effectiveness of their data breach response, despite taking the basic steps to be prepared.
Naples, FL-based ACI Worldwide has deepend its relationship with Yodlee. The partnership empowers ACI’s financial institution (FI) customers to deliver optimal bill pay and online financial management experiences to their end users.
A new cardholder benefit from Citi searches for a lower price after you buy an item. When a lower price is found the Citi Price Rewind feature will post a refund of the price difference to the account. Citi recently made changes in the program to up the savings.
CA-based Expertus Mobile now enables treasurers to access a complete payment and cash management dashboard, on their tablets, enabling treasurers to approve payments, generate inquiries and receive alert notifications, which all enhance the customer experience.
One of the most important and widely accepted card profit metrics is to “risk-adjust”‘ top line revenue. This is defined as the total revenue yield (all fees and interest) less loan losses. The trend recently has been greatly improving and very instructive.