PayVisors intros Hosted Payment Gateway Solution

PayVisors intros Hosted Payment Gateway Solution

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] PayVisors has unleashed its most advanced white label payment gateway as a hosted service for credit card and ACH processing. PayVisors hosted gateway solution will utilize United Thinkers’ UniPay Payment Management Platform to enable clients to meet all of their payment management goals. UniPay is currently used by payment facilitators, software…

FIs to Offer Immediate Access to Check Deposits

FIs to Offer Immediate Access to Check Deposits

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv is now enabling financial institutions to offer their customers immediate access to funds from checks deposited through a teller, a mobile device or an ATM. The solution utilizes a patented decision engine to help determine funds availability, while providing protection against return losses and greatly improving the customer experience. Fiserv-commissioned…

ExxonMobile Speedpass+ App Offers More Pay Options

ExxonMobile Speedpass+ App Offers More Pay Options

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ExxonMobil has gone beyond Apple Pay with the introduction of the Speedpass+mobile app for use at more than 6,000 stations. The app enables customers to authorize a pump for payment securely through the use of cloud-based technology. Customers have the option to select Apple Pay as a default form of payment…

CardFlight and Stripe Enable EMV Payments Within mApps

CardFlight and Stripe Enable EMV Payments Within mApps

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CardFlight has a new integration with Stripe to empower developers to accept EMV chip card payments from within their own mobile applications.  CardFlight will make available mobile card readers that support EMV chip card and swiped magnetic stripe payments to Stripe merchants and developers. CardFlight’s offering includes software developer kits for…

PayPal TPV and Profits Soar in 4Q/15; Margin Slips

PayPal TPV and Profits Soar in 4Q/15; Margin Slips

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total payment volume (TPV) for PayPal grew 23.4% year-on-year (YOY) in the fourth quarter (4Q/15). However, the transaction margin declined 240 basis points (bps) in the quarter, compared to 4Q/14. Transaction revenues for 4Q/15 increased 15.3% YOY to $2.26 billion, compared to $1.98 billion in 3Q/15 and $1.97 billion in 4Q/14.…

Other: HYPERWALLET; CASHNET; CHECKALT; MEMBER SOLUTIONS

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] SUMMARY – HYPERWALLET (execs); CASHNET (Higher One); CHECKALT (award); and MEMBER SOLUTIONS (anniversary). HYPERWALLET – Hyperwallet announced the hire of two new senior team members. Tomas Likar will become Hyperwallet’s Vice President of Strategy and Business Development, and Daniel Berardo joins as Vice President of People. CASHNET – Higher One, a…

Finetics Studio Releases B2B and Blockchain Video

Finetics Studio Releases B2B and Blockchain Video

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Bancorp has released its next Finetics Studio interview series: “Innovation in B2B and Blockchain.” The latest video features Rene Lacerte, CEO and Founder, Bill.com; Chris Byrd, Executive Vice President–Healthcare Operations Officer, Evolution1; and Steve Kirsch, CEO, Token. Filmed from the Money20/20 show floor, the exclusive interviews cover innovations in business-to-business…

MasterCard Identity Check Uses Daon's IdentityX Platform

MasterCard Identity Check Uses Daon’s IdentityX Platform

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard is utilizing Daon’s IdentityX Platform as one of the authentication technologies behind MasterCard Identity Check. The app-based authentication solution, commonly dubbed “Selfie Pay” by the media, leverages a mobile device to secure online payments and mobile banking applications using fingerprint and facial recognition. MasterCard Identity Check employs a layered approach…

Wells Fargo Card Portfolio Up but Charge-Offs Higher

Wells Fargo 4Q/15 PTX Up 14.6%; m-Users Soar 14.9%

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wells Fargo fourth quarter (4Q/15) consumer credit card purchase dollar volume (PDV) rose 12.5% year-on-year (YOY) as purchase transactions (PTX) soared by 14.6%. Average consumer credit card 4Q/15 outstandings grew 9.3% YOY to $34.0 billion, compared to $32.3 billion for 3Q/15 and $31.1 billion for 4Q/14. Consumer credit card PDV for…

Nishu Thukral

Pangea Money Transfer Promotes Nishu Thukral to CEO

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Pangea Money Transfer has ankled Nishu Thukral as chief executive officer and president. Thukral previously served as chief operating officer at Pangea. Additionally, Pangea has appointed Tracey Weinberg as head of marketing and Elizabeth Arnold as vice president of product management. In his new role, Thukral will leverage his extensive payments…