Rent payments via mobile devices continues to pick up steam for convenience as well as reporting each on-time rent payment to major credit bureaus. Missouri’s FasterHouse is the latest to jump on the RentTrack bandwagon.
YapStone ankles Daniel Issen as Chief Technology Officer to lead the engineering and product delivery teams. YapStone is a provider of web and mobile payment technology solutions whose platform powers electronic payments for global online and mobile marketplaces.
Atlanta-based Ingo Money, pioneer of instant, guaranteed mobile check cashing, announced today that it has received additional growth capital totaling $13.5 million. The company intends to use these funds to finance its operations and fuel accelerating growth led by overwhelming demand for its mobile check cashing and risk management platform.
CareFirst BlueCross BlueShield (CareFirst) is now enabling members to pay their healthcare premiums in person via Fiserv’s CheckFreePay solution. CareFirst offers health insurance products and administrative services to 3.4 million individuals and groups in Maryland, the District of Columbia and Northern Virginia.
The total U.S. credit card outstandings market of $884 billion at EOY 2014, rose nearly 5% YOY, with most of the robust growth coming from smaller banks and credit unions. Two of the largest issuers grabbed double digit shares: Chase with 14.4% and Bank of America with 10.4%.
Visa and MasterCard control 98% of the U.S. debit and bank-issued prepaid card market and it continues to grow faster than credit cards by 210 basis points (bps). RAM Research projects U.S. debit and prepaid Gross Dollar Volume (GDV) will grow from $2.6 trillion this year to $3.5 trillion for 2019.
Bulgarian payment cards will likely hit 9 million cards-in-force (CIF) this year growing at a compound annual growth rate (CAGR) of 2.08%. Transaction value is expanding at a CAGR of 7.33%, rising to BGN16.3 billion (US$8.7 billion) in 2014.
China UnionPay International has launched an online ticket booking service with UnionPay credit cards in cooperation with Taiwan High Speed Rail. Also, CUPI launched a UnionPay card payment service for shopping on China Airlines flights.
San Francisco-base Boku has launched direct carrier billing with the top five carriers in Taiwan: Chunghwa Telecom, Far EasTone, Taiwan Mobile, Asia Pacific Telecom, and Taiwan Star.
Google has added Dunkin Donuts and Seamless to Android users of Google Wallet. Dunkin’ Donuts guests can recharge their cards with a couple of clicks (no card rekeying) and Seamless customers will start to see the Google Wallet payment option available in their Android app, for an array of 80+ cuisine types.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Keith Birdsong, Chief Technology Officer of Pivotal Payments.
Online pre-orders for the new Apple Watch begin today but there is already a back log of four to six weeks. Meanwhile, Coupons.com has developed the first-of-its-kind savings and digital promotions app for the Apple Watch.