First Data has ankled Himanshu Patel as Chief Financial Officer. Patel has served as First Data’s Executive Vice President of Strategy, Planning & Business Development since June 2013.
DonorPerfect, developer of the world’s first CRM Fundraising App for iPhones and Android, announced the introduction of DPMobile Swipe. DonorPerfect clients can collect payments anywhere, from the office to a donor’s home, to a fundraising event, via the DPMobile app on their phones and tablets.
U.S. Bank’s Elavon and Costco have agreed to extend their relationship to offer payment processing solutions to Costco’s array of small to mid-size business customers.
New research shows nearly three in five consumers reported that they have not yet received a new chip-enabled card. Also, 67% indicated they have not received information from their credit card issuer or bank explaining what EMV means and how it will impact them.
U.S. Bank Corporate Payment Systems has ankled Jeffrey Jones as president, succeeding Kurt Adams, who left the bank earlier this month. A 32-year U.S. Bank veteran, Jones has been head of its Global Treasury Management group since 2001. His appointment is effective today.
MasterCard is actively involved in the International Day of Peace for today September 21st. Many companies are donating television and digital media channels to drive support for the United Nations World Food Program (WFP), the frontline agency fighting hunger.
As payment networks mull facilitating transactions from automobiles there are security concerns now being aggressively addressed. Giesecke & Devrient and IBM are teaming up to work on a new connected vehicle security solution with the intent to make car hacks much more difficult in the future.
edo Interactive and Rewards Network inked a multi-year partnership to market Rewards Network’s 11,000 participating restaurants to over 40 million cardholders in edo’s Prewards network.
ShopKeep has acquired Ambur, an iPad and iPhone point of sale system for more than 1,500 restaurants. Also, ShopKeep ankled Andrew Gorrin as the company’s new Chief Marketing Officer.
Fiserv, has developed a robust EMV Education and Marketing Program to prepare financial institutions as well as aid in cardholder awareness and comfort with a new payment experience.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Bryan Murphy, President of YapStone.
Aggregate U.S. bank credit card end-of period (EOP) outstandings for the nation’s four largest issuers will likely inch up in 3Q/15 to $358 billion according to CardData and RAM Research. In the second quarter, outstandings were essentially flat year-on-year (YOY) and continues the pattern of the past three years.