Cubic Transportation Systems (CTS) was awarded a $33 million contract from the Miami-Dade County’s Department of Transportation and Public Works (DTPW) to modernize the Cubic-supplied EASY Card revenue management system and provide 10 years of back office cloud computing and support services. The systems enhancement project provides a significant technology refresh and expansion of customer…
Pin4, the first open cardless cash network in the U.S., has launched its first phase of its nationwide rollout, bringing consumers in New York City, Miami, Chicago and Los Angeles cardless access to cash at Pin4-enabled ATMs. Pin4 will continue expansion throughout the year and will have full nationwide access in fourth quarter 2016. In…
The bank card default rate increased 16 basis points (bps) in November from the previous month, to 2.91%. For all consumer credit the composite ratio was 0.97% in November, up three bps from the previous month.
CardFlash News Briefs: VELOCITY (launch); BHG (loans); KBC (MasterPass); and I-VEND (report).
Hilton and Starwood this week acknowledged they have been hacked following last month’s data breach discovery by Trump Hotels and one earlier this year by Mandarin Oriental.
HalCash North America has launched Pin4, a mobile cardless cash ATM withdrawal solution that provides businesses with a radically better way to engage with their customers through real-time delivery of cash without the need for a debit/credit card or bank account.
Even as real-time payments systems are proliferating around the globe, real time can mean many different things with vastly different implications to users of the system. The paper provides clarity on what a real-time payment is by exploring what real time means, outlining the challenges to implementing real time, and identifying major use cases and user impact.
Travelers staying at COMO Hotels and Resorts’ 13 luxury properties across Asia, Australia, Europe and the Caribbean can make a lasting difference to local communities simply by using a MasterCard card to settle their bills.
peerTransfer announced the relocation and expansion of its US and European offices in Boston, MA and Valencia, Spain. The decision is driven by the doubling in payment volume and revenue in the last 12 months.
CellPoint Mobile is rolling out a passenger-centric, off-the-shelf mobile wallet solution for airlines whose passengers are increasingly managing their travel-related purchases, transactions and records from smartphones and mobile devices.
Way2ride, the taxi app by Verifone, says it has changed the way to pay for a cab and is now changing the way we find one.
The Electronic Payments Association says its Payments Innovation Alliance has launched a Mobile Wallet Initiative to enable stakeholder companies and the broader mobile wallet community to leverage an “open” acceptance platform that includes support for retailer- and bank-branded mobile wallets for electronic payments.