My Business Dashboard
Worldpay says small business owners are the backbone of the UK economy, however many claim running their own company has proved tougher than imagined, and worry conditions are getting worse.
Voice-Activated Payments
The ING Netherlands app can now make voice-activated payments leveraging voice biometrics technology from Nuance Communications. A smart alternative to PINs and passwords, voice biometrics makes mobile banking easier in the ING Netherlands mobile banking app.
Intl Bancard Exec
International Bancard has ankled Steve Ventura as its Senior Vice President of Partner Development. Ventura brings 20 years of business, sales and partnership experience to International Bancard at its corporate headquarters just outside Detroit.
Wincor Nixdorf Q2/15
Wincor Nixdorf reported a significant decline in operating profit as a result of the restructuring program. Profit for the first nine months of the fiscal year stood at €25 million (€61 million), which represents a decline of 59%.
BNP Paribas Fortis Visa
CardWeb.com’s CardPixes database of more than 7,000 images today features the BNP Paribas Fortis Visa.
OTI & Android Pay
On Track Innovations has integrated its NFC technology with Android Pay to support retail mobile payment and customer loyalty programs.
NuDetect
Vancouver-based NuData Security has beefed-up NuDetect with an expanded array of behavioral biometric sensors producing 97% accuracy in verifying a user’s identity. The solution’s improved user interface acts as an “early warning system” that makes high-risk events easily accessible to security teams.
Debit Code of Conduct
The new Code of Conduct for the Credit and Debit Card Industry in Canada says merchants cannot be forced to accept credit card companies’ debit products, often with higher acceptance costs, if they accept the credit offerings. Also, merchants have the ability to steer customers to lower costs options, like Interac Debit, through discounting.
Alternative FICO
FICO is teaming up witb LexisNexis Risk Solutions and Equifax to use alternative data to identify creditworthy individuals who would otherwise be unlikely to obtain traditional credit. Card issuers will be able to use the alternative score without having to “rip and replace” existing systems, significantly lowering the cost and accelerating time to market.
Optimal Payments Exec
Optimal Payments has ankled Shane Hibbeler, a seasoned merchant services and financial services industry sales executive and manager, as vice president of sales.
Hawaiian Air MasterCard
Barclaycard US and Bank of Hawaii have teamed with Hawaiian Airlines to launch two new co-branded MasterCards. Both cards offer a sign-up or activation bonus of 35,000 miles and a one-time 50% discount on a coach roundtrip companion airfare between Hawai’i and North America on Hawaiian Airlines.
Retail Outlook
Retail sales are expected to grew between 4.1% this year, up 17% over 2014. It represents the biggest annual growth since 2011 when retail sales for the year increased 5.1%.