MyWallet 2.0
Telekom Germany is launching Deutsche Telekom AG’s (DTAG) MyWallet 2.0 with the help pf US-based Mozido. The new version includes mobile payments, advertising and loyalty.
Campu Bank & JCB
Campu Bank, a major bank in the Kingdom of Cambodia and JCB have inked deal launch a JCB merchant acquiring service to accept JCB cards at about 650 locations including their merchant terminals and ATMs in Cambodia.
FDC IPO
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.
Other Breaking News
In today’s CardFlash News Que: MASTERCARD (Sri Lanka); TSYS (The Edge) and VISA (Deutsche).
SAS & UnionPay
Scandinavian Airlines will formally accept online ticket purchase of UnionPay cards before the end of the summer. It will join hands with many European airlines like Air France, KLM Royal Dutch Airlines, Deutsche Lufthansa, Finnair, LOT Polish Airlines, and Ukraine International Airlines to accept UnionPay.
UnionPay Europe
Transactions via UnionPay cards in European markets has witnessed an increase of over 50%, countries like Italy, German and France are favored by Chinese tourists.
EACHA & SEPA
Six members of the European Automated Clearing House Association (EACHA) have joined forces to deliver centralized and optimized processing services for SEPA transactions. For this purpose they have set up a new company called European Clearing Cooperative (ECC).
Deutsche & CUP
China UnionPay (CUP) inked a deal with Deutsche Bank and its ATM service provider EVO to enable UnionPay card acceptance by all the ATMs under Deutsche Bank in Germany.
EVO + Postbank
EVO Payments International (EVO) has reached agreement with Deutsche Postbank (Postbank) for the purchase of Postbank’s merchant acquiring business, P.O.S. Transact (POS Transact).
GE Australia Portfolio
GE Capital has unloaded its Australia and New Zealand consumer lending business for A$8.2 billion (US$6.3 billion). Värde Partners, KKR and Deutsche Bank are the proud new owners of the GE portolio.
Retailo & DKB Gift Cards
Blackhawk Network’s German subsidiary, Retailo has teamed with Deutsche Kreditbank to enable DKB’s customers to digitally purchase gift cards for Facebook, Nintendo eShop and Spotify using their online bank accounts.
Mandalay & Xyo
Los Angeles-based Mandalay Digital Group has purchased Xyo’s app search engine and contextual advertising technologies. Xyo co-founders Zoe Adamovicz and Marcin Rudolf will join the Digital Turbine team.