A pilot program to provide credit cards to “credit invisible” consumers who have been shut out from certain banking services because of their nonexistent or insufficient credit history with the traditional reporting agencies is now available.
BBVA Compass is now offering its credit card clients real-time redemption of rewards earned on qualified purchases made at any retailer.
First Data expects to raise $3.7 billion in its initial public offering. The deal involves 160 million shares of its Class A common stock. The initial public offering price is expected to be between $18.00 and $20.00 per share.
In today’s CardFlash News Que: BBVA (Destacame.cl); BLUEFIN (EchoSat); CORECARD (growth); and MASTERCARD (Rugby).
PINs and passwords will son be a thing of the past as the wave of capital and new technology centered on biometrics, physiological and behavioral authentication is quickly evolving. Biometric measures use DNA, fingerprints, eye retinas and irises, voice recognition, facial patterns, vein patterns and hand measurements to authenticate and verify people’s identities.
CardWeb.com’s CardConferences today features the WIRED MONEY conference July 8 at The British Museum in London.
Look out Automated Clearing House (ACH), as Dwolla has inked a major deal with the largest financial institution to provide real-time transfers to and from its network in the USA. BBVA Compass will enable its customers to send and receive funds instantly through the Dwolla all-digital payments network.
In today’s CardFlash News Que: FORTER (CNP); ACCULYNK (PaySecure); BBVA (Award); and POWA (Banq POS).
NY-based CardFlight is shipping its new EMV-ready chip card readers to resellers for its SwipeSimple mobile point of sale solution. The Company also announced POS Portal will be a launch partner in distributing CardFlight’s EMV-ready solutions.
CardWeb.com’s CardPixes database of more than 7,000 images today features the BBVA Compass NBA American Express Card.
The BBVA Compass NBA American Express Card has officially hit the court and so far it is an easy dunk for NBA fans. The new card is the first payment card bearing the global NBA brand.
Mexico’s largest electronic payments processor has implemented NCR’s Authentic from Alaric as its new payments transactions platform. E-Global provides switching and card processing services to nearly two-thirds of Mexico’s 350,000 point-of-sale (POS) devices.