The Secure Remote Payment Council (SRPc) has just released its third position paper which tackles some of the issues related to tokenization, and challenges conventional thinking about the safety and security of token vaults.
Experience Advertising has launched the vCita platform to facilitate their client scheduling, online payment processing, client management, and document sharing.
EMV chip card payments consultancy FIME is the first to have its chip card personalization validation services and POS/ATM certification test platform approved by the Debit Network Alliance (DNA) under its recently established DNA Shared Debit AID certification program.
The Debit Network Alliance (DNA) ” comprised of 10 leading U.S. debit networks ” announced it is ready to deploy the DNA Shared Debit AID.
Bluepoint Solutions has inked a deal with Mitek. Bluepoint’s mobile remote deposit capture (RDC) solution, QwikDeposit ToGo, will now include Mitek MiSnap for automated mobile check capture.
ThreatMetrix has named Armen Najarian as chief marketing officer. Najarian joins with more than 15 years of B2B and technology marketing experience, primarily with cloud-based software and data-driven solutions for the enterprise.
The average late stage U.S. credit card delinquency (90+ day) among the nation’s six largest issuers increased 7 basis points (bps) sequentially, to 0.81% for the second quarter, compared to 0.74% in the prior quarter and 0.86% one-year ago. However, all the issuers were down year-on-year (YOY), according to CardData.
U.S. cards-in-force (CIF) for Visa and MasterCard credit cards increased 9.0% year-on-year (YOY) while CIF for debit cards rose 7.7% YOY, in the second quarter, according to CardData. Visa is leading U.S. credit card CIF in YOY growth, while MasterCard leads U.S. debit cards CIF YOY gains in 2Q/15.
The Saudi Investment Bank (SAIB) has been awarded with ‘Best Loyalty Program of the Year in Financial Services’ at The Loyalty Awards, honoring special recognition of innovation and achievement in loyalty marketing.
Geoswift, Western Union Business Solutions and UnionPay International launched a promotion wherein UnionPay will pay for medical insurance coverage for eligible students that process tuition payments through their payment network.
NY-based Payoneer says Wellington Management Company has led a $50 million investment in Payoneer. Susquehanna Growth Equity, an existing shareholder, also joined the funding.
Samsung Pay will launch in Korea on August 20 and in the U.S. on September 28. Samsung plans to roll out the service in the U.K., Spain and China, with partners to be named in each market.