The national VantageScore credit score is up by three points, from 666 to 669. Bankcard lending continues to increase, with new bankcards up 7.7%.
The MCX CEO said the agreement with Chase will link MCX’s extensive network of owner-merchants – which collectively process over a trillion dollars annually in transactions at more than 110,000 retail locations across the United States – with Chase, which is number one in total U.S. credit and debit payment volume.
Merchant Customer Exchange (MCX) reports the company’s mobile payment platform, CurrentC, is now available for use at participating Kmart, Sam’s Club, Sears and Walmart locations around Columbus, Ohio, as part of an expanding beta in that city.
In today’s CardFlash News Que: STERLING (EMV); ADS (Wayfair); JCB (Universal); and W.CAPRA (EMV).
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Biff Matthews, President & Founder of Cardware International.
Master Your Card, a community empowerment program sponsored by MasterCard has formed a new coalition that will work to help financially underserved African Americans build financial strength and gain financial inclusion through the effective use of electronic payment technology.
Despite rumors of a forthcoming obituary the MCX CurrentC mobile payment platform is alive and says it will Beta launch in Columbus in the coming weeks. This week they inked deal to add seamless digital manufacturer coupons with payment at the point-of-sale (POS).
Columbus-based Card Services business, a premier provider of branded private label, co-brand, and commercial credit programs, has signed a new multi-year agreement to provide private label credit card services for Cornerstone, a business unit of HSN.
Columbus Data Services (CDS) has certified Wincor Nixdorf’s cash dispenser technology, the ProCash 280. CDS provides ATM services for more than 87,000 terminals nationwide and is one of the nation’s largest ATM processors.
Stockholm-based Klarna has formed plans to invest at least $100 million in its U.S. expansion, and the establishment of operations in Columbus, Ohio. Klarna Checkout enables consumers to buy online by entering only top-of-mind information like an email address and zip code.
Planet Payment payment processing and transaction services, and Columbus Data ServicesATM processors launched the “Bank In Your Currency” ATM network. Bank in Your Currency is now available to all CDS Market Partners and their more than 85,000 ATMs nationwide.
CardWeb’s CardExecs database today features Connie Dudley, executive vice president of TSYS. TSYS supports financial institutions, businesses and governments in more than 80 countries.