[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Alternative online payment methods are popular in many emerging markets and as these markets’ share of global B2C E-Commerce is rising, the share of alternative online payments will rise. Credit card remained the leading online payment method on a global scale in 2015, according to the research findings cited in a…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NCR has received EMV certification from First Data for its Epsilon payments application. Deployed by small and large operators, NCR Epsilon is a reliable, fast, secure site-based payment processing application that has been providing multi-host online/offline payment processing for the retail industry since 1999. The certification enables Epsilon to process credit…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Europe has not been a wholesale adopter of the commercial cards model, but expectations for growth of virtual payments are positive, especially in mid-to-large markets. Commercial credit cards include corporate cards, purchasing cards, lodged cards, and recently virtual cards (also known as single-use account, or SUA). Europe has not been a…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Silicon Valley Fintech startup SelfScore has unveiled the first dedicated MasterCard credit card designed for international students in the U.S. By utilizing unique analytics and robust data sets including a borrower’s education, source of funding, and career prospects, SelfScore identifies creditworthy international students who are otherwise labeled as “thin-file” or “no-file”…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard has buddied with Co-operative Bank (CB Bank) to launch the CB EasiTravel Prepaid MasterCard Contactless card. ARTICLE: MasterCard has buddied with Co-operative Bank (CB Bank) to launch the CB EasiTravel Prepaid MasterCard Contactless card. The latest of MasterCard’s efforts to better serve the people of Myanmar, the CB EasiTravel Prepaid…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] In Other News: MITSUBISHI (award); BLUESNAP (award); THE BANCORP (video); and CSI (award). MITSUBISHI – Mitsubishi UFJ Financial was named Americas Bank of the Year for 2015 by IJGlobal, the project finance and infrastructure magazine’s top annual regional honor. BLUESNAP – BlueSnap won a 2016 PYMNTS Innovator Award in the category…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] DH is partnering with The Clearing House to provide real-time payments to U.S. financial institutions. Financial institutions will now be able to use D+H’s payments, core and channel applications to access TCH’s ubiquitous real-time payment system in the United States, making payments seamless, certain, and frictionless. D+H’s payments technology already supports…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Stripe announced the expansion of Stripe Atlas to include Cuban entrepreneurs. This a big deal to coincide with President Obama’s historic Cuban trip. For the first time, Atlas will give Cuban entrepreneurs access to: — an incorporated U.S. business entity — a U.S. bank account for the newly-created U.S. entity —…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] USA Technologies, has ankled WageWork’s Robert Metzger to the Company’s Board of Directors. Mr. Metzger was appointed to the Board on March 11th, increasing the size of the Board from six to seven members. In addition, USAT has appointed Michael K. Lawlor, 54, as the chief services officer responsible for oversight…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Discover was named a Digital Edge 25 award winner for the development of the Freeze It technology, a feature that allows customers to instantly freeze their credit cards if misplaced or stolen. The seamless technology allows Discover customers to freeze or unfreeze their accounts via the mobile app, online browser or…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] In Other News: PRESTIGEPAY (Titan); ASPEX (Frontier) and ENTRUST (Commerce). PRESTIGEPAY – PrestigePay has completed the acquisition of Titan Card, a provider of prepaid products and services for the sub-prime automotive industry. PrestigePay partnered with Titan’s President, Andy Fox, who will continue to lead the automotive dealer recruitment effort under the…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The NFC Forum has issued publication of one candidate and two adopted specifications, following approval by the Board of Directors. Available from the NFC Forum website, the specifications enhance the performance and security of NFC services. New candidate specification: • Connection Handover Candidate Technical Specification 1.4 defines the structure and sequence…
