Seoul-based Bluebird has unleashed five brand new products on the payments market. The new gizmos include the EF500, EF500R, ET100, RT100, and MT280.
Synchrony Financial is now officially separated after GE stock exchange for $20.4 billion. The consummation of the exchange offer completes the transition of Synchrony, the largest provider of private label credit cards in the United States*, to an independent, standalone company.
Revel Systems has added a major new product to its iPad Point of Sale system with the availability of a new e-commerce mobile application solution that extends the functionality of brick-and-mortar commerce into mobile. Revel’s new white-labeled app solution for iOS and Android integrates directly with Revel’s iPad Point of Sale platform, allowing merchants to expand their brand to reach mobile users and create a new sales channel.
Synchrony Financial reported Q3/15 revenue increased 9% year-on-year (YOY) to $2.7 billion while net earnings came in at $574 million, compared to $548 million for 3Q/14. Loan receivables grew $7 billion, or 12% YOY to $64 billion. Purchase Dollar Volume (PDV) increased 12% for the third quarter.
In today’s CardFlash News Que: SYNCHRONY (FRB); PIVOTAL (Breeders); CSI (IOFM); and TECHNAVIO (india).
Moneris Solutions has expanded its portfolio of EMV-capable solutions for merchants to accept EMV payments in the United States. Moneris’ EMV-capable product lineup features integrated and standalone solutions for merchants seeking net-new EMV payment solutions or terminal upgrades for existing point-of-sale (POS) systems.
In today’s CardFlash News Que: AMERICAN EXPRESS (Sam’s Club); VISA CANADA (Foundation); SYNCHRONY (Graber); and EPC (Phoenix).
Worldpay has unveiled Insights Services its big-data analytics proposition, harnessing the power of Worldpay’s payments information enabling retailers to better understand aggregated consumer spend and preferences, both online and in-store.
CardWeb.com’s CardData database of Company Profiles today features Worldpay.
Wirecard is now handling all processing of online credit card and PayPal payments for Sky subscriptions. With a current figure of around 4.3 million subscribers, Sky Deutschland is the largest pay TV provider in the German-speaking region.
CardWeb.com’s CardData database of Company Profiles today features Raise.
Virtual Piggy, provider of the payment technology Oink, announced the release of its new and improved app, which will include peer-to-peer functionality allowing teens to receive deposits to their accounts for work or gifts from family and friends.