MasterCard and Cardlytics inked an agreement to deliver targeted card-linked services to US banks of all sizes. The new partnership will match Cardlytics card-linked marketing solutions and advertising expertise with MasterCard’s bank partners and its offers and rewards platform to deliver a solution that is unsurpassed in the loyalty business.
Toronto-based GreenCoinX has formed an Advisory Board to assist in the further development of GreenCoinX, the world’s first identifiable crypto currency. GreenCoinX identifies users and facilitates the collection of user defined optional taxes by worldwide governments.
New research reveals account takeover fraud, in which fraudsters steal an established account with personally identifiable information (PII) attached to it, continues to beat credit card fraud. Account creation fraud has increased by more than 100% since February 2015.
While mobile devices are considered more secure than desktops to a certain degree, mobile apps on these devices can be a mess at times, so consumers must exercise caution when booking travel or purchasing tickets via these apps this summer.
In today’s CardFlash News Que: MIVA (PCI); STARTEK (PCI); GEMALTO (wearables); and GLORY (TAU).
Catching payment card data breaches in advance is a daunting task. However, TX-based iScan Online unveiled the worldwide availability of Data Breach Analytics.
The 2015 top security predictions suggests cybercriminals will accelerate the pace of their credit card data theft with the advent of Chip & PIN technology.
One of the 10 largest independent sales organizations (ISOs) of First Data Merchant Services has earned a new tokenization patent.
After the launch of Apple Pay this week, the experts are weighing in and declaring Apple Pay will succeed where other mobile payments solutions have faltered. Some experts say Apple Pay may make using physical credit cards obsolete.
Quisk, Inc. has been awarded a U.S. patent for enabling consumer activated security for a mobile payment system. Security is acknowledged as a top consumer concern for using a mobile payment system in research surveys from multiple countries.
Equifax Inc. today announced its partnership with Jumio, an industry leader in the mobile commerce space that specializes in payments and ID scanning and validation products for mobile and web transactions. The companies will be working together in developing a series of solutions that will create a more streamlined, secure mobile transaction process for both consumers and retailers. The solutions will also be integrated with the Equifax Mobile Wallet functionality, allowing consumers to access their cards on their mobile device to use for purchases. Shoppers can choose to either scan their credit card with their smartphone, or utilize their smartphones in-store at the checkout counter to complete the transaction.
JPMorgan Chase & Co reported net income for the 4th Quarter 2013 at $5.3 billion. This was a slight increase from 4th Q 2012 which was reported at $5.2 billion. Revenue for the quarter was down 1% to $24 billion compared to the same period in 2012. Legal costs associated with a number of issues was noted as a reason for the drop in profits. Adjusted for the significant items disclosed in our earnings press releases this quarter and in the fourth quarter of 2012, EPS would have been $1.40 this year compared with $1.35 in the prior year and ROTCE would have been 15% this year, flat compared with the prior year.