Berkshire Hathaway Travel Protection (BHTP) and MasterCard have teamed with Skift’s Global Travel Forum to drastically cut the time it takes to pay travel-insurance claims.
Moneris Solutions has expanded its portfolio of EMV-capable solutions for merchants to accept EMV payments in the United States. Moneris’ EMV-capable product lineup features integrated and standalone solutions for merchants seeking net-new EMV payment solutions or terminal upgrades for existing point-of-sale (POS) systems.
CardWeb.com’s CardData database of Company Profiles today features Denmark’s Cryptomathic.
Digital payments are coming of age as Visa Checkout increases consumer engagement and higher order values for online merchants. A new report from comScore found that Visa Checkout shoppers convert to online buyers at a rate of 69%.
Best Western has launched an exclusive loyalty program aimed at AARP members. The two organizations have had a longstanding relationship.
China is finally opening up its credit card clearing market to outside players. As of June 1, foreign firms will be able to set up clearing companies within China and apply to the central bank for a license to operate domestically.
Paris-based INSIDE Secure reported an 11% decline in year-on-year (Y/Y) revenues. However, the Company expects revenue to take-off in the second half of 2015, with limited predictability quarter to quarter.
Banco Nacional Ultramarino (BNU) has teamed with First Data Merchant Solutions (FDMS) in Macau. This will provide merchant services and payment solutions for merchants, allowing FDMS, through BNU, to provide full service acquiring and processing. These services include point-of-sale and e-commerce services.
First Data and eWAY eCommerce announced a partnership to expand into Asia’s rapidly growing eCommerce markets. This alliance establishes First Data Merchant Solutions (FDMS), First Data’s direct-to-market merchant acquiring business, as a trusted payments provider to eWAY’s merchant network.
GlobalPlatform announced Bruno Benteo, Vice President Innovation at Morpho Business Solutions Division, has been appointed as its new Systems Committee Chair. The GlobalPlatform Systems Committee defines open specifications that can be used for the back-office infrastructure for the deployment and management of one or more embedded applications on secure chip technology. Within his role as the Systems Committee Chair, Bruno will drive the ongoing work of the group to develop an end-to-end simplified framework. Over the next 12 months Bruno will lead the Systems Committee’s efforts to advance the GlobalPlatform Compliance Program to certify the functional behavior of a product against the requirements outlined within the end-to-end framework. In addition, the Systems Committee is developing an end-to-end testing program, which tests all elements of an end-to-end solution including the SE, handset and point of sale, to ensure that an application can be securely deployed in a mobile handset and perform for the end user as specified.
EFT Source card programs and personalization services for ATM and debit cards for financial institutions has signed a definitive agreement to be acquired by long-time partner, CPI Card Group, a global leader in financial and EMV card production and related services.Through the acquisition, EFT Source adds advanced personalization capabilities to further enhance CPI’s existing personalization expertise and strengthen CPI’s reach into small- to medium-sized financial institutions across the U.S. In addition, CPI’s customer base will have direct access to EFT’s patented instant issuance solution, [email protected]®, enabling them to deliver fully functioning, traditional or EMV-capable payments cards to customers within seconds.
Barclays Bank of Botswana has partnered with Bytes Managed Solutions, the exclusive distributor of NCR technology solutions in southern Africa, for the installation of intelligent cash deposit ATMs. Last month, the bank launched a new generation of ATMs that provide customers with convenient ways of banking outside the banking halls. The ATMs are specifically designed for high transaction usage. They accept cash deposits with real time credit capability, recycle the deposited cash, dispense cash, do cheque deposits, and offer a broad range of other services, such as bill payment, funds transfer, mobile phone top-up and mini-statements.