Free Shipping 2015
A new survey finds free shipping trumps all other holiday shopping incentives in 2015. The survey also reveals cybersecurity concerns are generally not slowing shoppers down.
Other Breaking News
In today’s CardFlash News Que: US BANK (ScoreBoard); CARDFELLOW (Dharma); MASTERCARD (Thailand); and ETA (TRANSACT).
Remitly + Talio
Seattle-based Remitly has acquired Talio, a mobile messaging company that developed an immersive, one-of-a-kind mobile messaging service for family and friends. Remitly is setting out to redefine money transfers to the developing world by creating a service customers love using.
Data Loss Prevention Service
Atos unveiled a new cloud-based Data Loss Prevention Service. This cyber security service prevents data loss, whether it be from unauthorized insider activity or external threats including advanced malware.
TD Aeroplan Visa Infinite Privilege Card
CardWeb.com’s CardPixes database of more than 7,000 images today features the Virgin Australia Velocity Visa.
MC Business Network 2.0
MasterCard is beefing-up MasterCard Business Network by putting c-suite level information at business owners. MasterCard Business Network 2.0 was built in collaboration with and is powered by BCSG, a cloud solutions provider which supports small business clients around the world.
Synchrony Update
Synchrony Financial was recognized with three awards at the 8th annual Loyalty 360 Expo in Orlando, Fla. for its Sam’s Club 5-3-1 cash back credit card program. Synchrony also inked a long-term agreement with Stash Hotel Rewards to provide a co-branded credit card program.
ADS Nov Metrics
Dallas-based private label credit card specialist Alliance Data Systems (ADS) reports delinquency and charge-offs declined again in November. The trend mirrors the bank credit card market.
Transakt Patent
Atlanta-based Entersekt,has been awarded a U.S. Patent for its mobile-enabled secure transaction authentication software. The patent covers Entersekt’s fully out-of-band transaction verification for its Transakt product.
Swisscard Deploys Entersekt’s Transakt Mobile App
Entersekt announced Swisscard AECS AG has implemented its mobile application Transakt to enable safer, more user-friendly 3-D Secure protection of online purchases. Swisscard is a joint venture between Credit Suisse AG and American Express. Designed to serve as an added layer of security for e-commerce purchases, 3-D Secure has significantly reduced fraud rates, but has proved unpopular with consumers and merchants owing to the cumbersome user experience of many current implementations. Entersekt’s card-not-present authentication solution reinvents the 3-D Secure user experience by enabling consumers to authenticate purchases through their mobile device with the touch of a button.When shoppers registered for the service initiate a transaction on a 3-D Secure e-commerce web site, they receive a push message on their mobile phone with the payment details. They then choose an “Accept” or “Reject” response.
Chase Sapphire Preferred and Bravo Media Host Tasting Event
Chase Sapphire Preferred travel rewards card and Bravo Media announce public ticket sales for the “Top Chef Duels” Premiere Tasting Event being held in New York City on Monday, August 4. Fans will be able to purchase a limited number of tickets for this exclusive event for $100 per ticket beginning Monday, July 14 at 2 p.m.ET through the City Harvest website at www.cityharvest.org/events/topchefduels. All proceeds from public ticket sales will benefit City Harvest, the world’s first food rescue organization dedicated to helping feed the more than two million New Yorkers facing hunger each year. The Premiere Tasting Event celebrates the series premiere of “Top Chef Duels” on Wednesday, August 6 at 10pm ET/PT on Bravo. As part of the presenting partnership, Chase Sapphire offers cardmembers VIP tickets to the event on the Ultimate RewardsSM website. The unique VIP experience includes early entrance, an exclusive screening of a clip of Episode One and a meet-and-greet with “Top Chef Duels” judges and contestants.
Affirm Split Pay Lets COnsumers Pay Later with Lower Financing Fees
Affirm announced the commercial release of its new Split Pay service that lets online merchants offer the power of installment payments to their consumers at the point of sale. Using Split Pay, online shoppers can make a purchase and pay across multiple months with simple, clear financing fees a fraction of credit card interest rates. With Affirm there is zero risk for the eTailer. Affirm pays its merchants in full at the time of settlement and their customers enjoy payments stretched out in monthly installments. Split Pay is consumer-friendly by providing clear terms and a fixed set of payments.