Visa has introduced an EMV toolkit to help business owners manage the transition to chip technology for credit and debit cards. VisaChip.com/BusinessToolkit provides merchants with a 10-step implementation guide, downloadable tools and resources, and a module to train employees on accepting chip cards at the point-of-sale (POS).
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.
A new survey finds more than 50% of professionals believe the use of mobile payments systems increases the risk of suffering a data breach. More than half accept that risk (53%) and noted that, for their company, customer convenience is more important than security.
Visa (VS) first quarter profits declined 3.0% year-on-year (YOY) or 0.5% on a currency adjusted basis (FX) to $1550 million. Global purchase volume rose 11% (FX) to $1.3 trillion and total transactions processed, by VisaNet, were 17.5 billion, an 11% increase over the prior year.
Western Union reported first quarter, declined 2% compared to the prior year period, or increased 4% on a constant currency basis. Transactions rose 3% for the first quarter to 61.75 million.
Gemalto reported first quarter revenue from its Payment & Identity segment surpassed the Mobile segment for the first time in the Company’s history at €369 million, representing 54% of total Company revenue. Total revenues for Q1/15 rose 28.9% to €686 million.
Personalization specialist FESA Card Panama has inked an EMV partnership with Morpho (Safran). Morpho has already conducted more than 40 EMV implementation projects as a consultant in Panama.
Toronto-based Carta Worldwide, a transaction processing and mobile payment technology concern, gas ankled a new Vice President of Business Development.
POS systems provider Harbortouch has picked Verifone terminal and PIN pad solutions to provide next-generation EMV and NFC capabilities to its customers.
After two acquisitions in two years, relocating its U.S. headquarters to Midtown Atlanta and implementing plans to nearly double its workforce, Worldpay US has hired a new Chief Financial Officer.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Lynn McCullough, Association Manager of the International Card Manufacturers Association (ICMA).
Voting from 3.2 million frequent travelers reveals the Southwest Airlines Rapid Rewards Premier Card is the top loyalty credit card in the Americas region. The annual Freddie Awards also voted American Airlines AAdvantage as the top frequent flyer program of the Year and Marriott Rewards as the top hotel loyalty programs in the Americas region.