Flex Fuel, why not a Flex Card for fleet fuel. ME-based WEX has unveiled the WEX FlexCard, its first revolving payment fleet fuel card for small businesses.
Swedbank has inked a 6-year renewal contract with Oberthur Technologies to provide Sweden, Estonia, Latvia and Lithuania with payment cards, personalization and Smart Services.
Stockholm-based Seamless, provider of the SEQR mobile payment technology, reported first quarter revenues soared by 39% year-on-year (YOY). During the quarter SEQR invaded six new markets.
Lugano-based Cornèr Bank has inked a deal to acquire Diners Club Italia and Dinit from Discover Financial Services. Diners Club Italia is the Diners Club International licensee for Italy, San Marino and Vatican City and Dinit is a Diners Club card transaction processor in Slovenia.
NJ-based provider of SaaS-based payment and billing solutions for the property management industry has taken its message big time with multiple digital billboards throughout Times Square.
Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) globally rose 9.8% on a currency adjusted basis (FX). MasterCard led the pack with a 12.1% year-on-year (YOY) global GDV (FX) increase, according to CardData.
First Data reported its Merchant Solutions segment revenue for Q1/15 was $888 million, up 4% year-on-year (YOY), adversely impacted by 1% due to the sale of Electronic Funds Source (EFS). Merchant acquiring revenue increased 6% YOY due to transaction growth and revenue from the Company’s merchant suite of solutions.
All Colruyt Group stores in Belgium have begun accepting the mobile payment service SEQR. This includes close to 500 stores at Colruyt, Okay, Bio-Planet, Cru, Dreamland and Dream Baby and affiliated independent Spar stores.
Australian Post and UnionPay International have launched the “Load & Go China” CNY and AUD UnionPay chip card. The new prepaid card is available at Australia Post’s more than 4000 outlets.
New Wallet unveiled a new Apple Watch app which will alert you when your keys or wallet are left behind or lost. New Wallet is an all-in-one wallet phone case and key tracker.
A payments platform for gold is now out of beta testing and really to launch globally except in the USA. Toronto-based BitGold has unveiled the BitGold platform, a software service connecting free vault storage with payment networks.
Rochester-based Case has introduced a bitcoin wallet which is the approximate size of a credit card. Case works with Celery to allow its users to exchange U.S. currency for bitcoin or bitcoin to U.S. currency.