NJ-based Heartland Payments Systems has closed on its acquisition of KS-based TouchNet Information Systems. Heartland paid a purchase price of $375 million in cash. The deal was first announced in July.
AcceptEmail e-bill payment has selected Worldpay to power its international e-billing solutions. AcceptEmail is the digital replacement for paper bills, reminders, bounced direct debits or payment plans. It allows consumers to pay their bills securely and directly from their e-mail inbox on a PC or notebook, tablet or smart phone. Real-time generated images convey the current bill status, resulting in an intuitive payment experience. Worldpay’s global payment capabilities and range of alternative payment types mean AcceptEmail customers are now able to pay using many of their preferred currency, language and payment methods, swiftly and simply.
Provisions for credit card losses among the top U.S. bank credit card issuers declined among most, ranging from 0% to -48%. The issuer with the largest provisions for credit losses is Discover and the smallest provisions for credit card losses is American Express, according to CardData.
MasterCard takes the lead in the second quarter for International gross dollar volume with a 12.3% year-on-year gain, compared to Visa’s 3.7%, American Express’ 6.3% gain and Discover with no gain.
Didier Lamouche is the CEO of Oberthur Technologies, a firm that offers end-to-end solutions in the Smart Transactions, Mobile Financial Services, Machine-to-Machine, Digital Identity and Transport & Access Control fields.
CardWeb’s CardPixes database of more than 7,000 card images today features the WalMart MasterCard. The Walmart MasterCard is issued Synchrony Bank.
Visa is going all out to encourage Americans to enroll for its new single log-in online shopping payment service, Visa Checkout. Visa and Pizza Hut are offering one million free pizzas for users of Visa Checkout.
The pay-at-the-table technology company Viableware has changed its name to TableSafe. the Company says the name change is effective immediately and will help to more accurately reflect the benefits of the company’s multi-functional payment platform.
Florida-based EverBank has partnered with FIS to provide FIS People Pay to its customers. The P2P payment service eliminates funding risks as all transactions instantly debit funds from a sender’s account.
Outsourcing vault cash services to a third-party provider is a growing trend with ATM ISOs and IADs. Elan adds more ATMs with a new deal.
Nordstrom online opts for 3Delta Systems CardVault tokenization and card processing services. Nordstrom will have capability to further secure customer credit card payments without the sensitive cardholder information entering their systems or databases.
Mobile banking just got easier for millions of customers with today’s debut of the redesigned Chase Mobile App for Android, the latest round of innovation to enhance and personalize banking for Chase customers. More than 17 million customers use the Chase Mobile App, up 23% from a year ago and 60% from two years ago. The app enhancements for Android customers will make mobile banking with a more streamlined login, a new design that helps customers locate key information and offer enhanced design elements and functionality that make navigation easier and more intuitive. The enhanced Chase Mobile App for Android has a similar look and feel to the updated Chase Mobile App for iPhone, which Chase released earlier this year.