CardFlash News Briefs: CITIBANK (UAE); JCB (ticket); AJB (EMV); and ALLIED WALLET (promo).
New research shows criminals are becoming more creative where, when and how they take advantage of the season, as the number of fraudulent purchases increases proportionately when sales peak during the holidays.
Visa payWave based contactless payment option has been implemented in QIWI payment services. The Company has combined НСE1 technology with a co-branded Visa QIWI Wallet: now e-wallet users can use their smartphones to pay anywhere Visa payWave contactless cards are accepted.
The quest for the best security with privacy considerations and anonymity may have been discovered by DC-based Anonos. The company has been issued U.S. Patents for its pioneering solutions to architecturally enforce controlled conditions capable of satisfying even the most stringent U.S. and EU data privacy regulations.
Tyro Payments and TouchBistro have teamed up to provide users of TouchBistro point of sale (POS) systems in Australia with a fully integrated, easily set up and highly secure electronic card payment system to process patron payments for food and drink orders.
Customer service leader Aramark will pilot acceptance of mobile payments from Apple Pay and Softcard at select arenas this hockey season. In partnership with the Pittsburgh Penguins, Aramark will begin accepting Apple Pay as a method of payment for food and beverage purchases made at CONSOL Energy Center.
Peer to peer lender Harmoney launched its online lending marketplace with $100m lending capital, bringing the world’s fastest growing form of lending to the Kiwi public. Peer to peer lending is an established form of investment, currently growing at more than 200% per annum, and has been described as “banking without the banks.” It is an increasingly popular form of crowd funding that is changing the way that people borrow and invest. In the United Kingdom, the UK Government is the largest funder of P2P loans. Harmoney’s fully compliant online platform automates the process of investing and borrowing. The system is fast, easy to use and offers a marketplace in which to transact with Bank Grade Security. A lower cost structure means that savings can be passed on to borrowers and investors.
Top Image Systems and BPM (Business Process Management) solutions and MIP (Mobile Imaging Platform) provider, announced a long-term transaction-based deal with Allied Payment Network to implement MobiPAY, TIS’ self-service mobile bill payment application, within PicturePay, Allied’s mobile photo bill pay solution. TIS will work with Allied, its customers and partners to enhance their user experience and continue to automate the bill payment workflow with our advanced MobiFLOW platform for end-to-end processing of bills and related documents.
MasterCard announced the New Zealand launch of its ground-breaking digital payments technology MasterPass this week. MasterPass is the digital platform from MasterCard that gives shoppers a seamless, secure and speedy checkout – regardless of where they may be and what device they may be using. MasterPass eliminates the need for consumers to enter detailed shipping and card information to complete their online shopping at MasterPass merchant sites.
Bank of America Merrill Lynch, a leader in card services for middle-market, large corporate and public sector clients, today announced that it is expanding chip and PIN technology to all purchasing and travel credit card products available to clients in the United States. This is the latest development in the company’s ongoing effort to rollout EMV® (EuroPay Mastercard Visa) technology to its global client base. BofA Merrill first introduced chip and PIN technology on corporate travel and expense (T&E) credit cards in Europe in 2010 and in the United States in 2012. The bank began issuing chip-enabled purchasing cards in 2013. Together with T&E cards, more than 100,000 chip and PIN cards across the portfolio have been issued to clients in the United States alone.
Universal Studios and American Express announced an expanded multi-year agreement that brings the strength of Universal’s theme parks and filmed entertainment together with its brand to create exclusive consumer benefits and experiences. Also allowing AmEx to acquire new Card Members directly through Universal theme parks and websites, this expanded partnership presents new and innovative marketing opportunities for both companies. The partnership will now include marketing opportunities that leverage Universal Pictures’ retail partners, consumer licensing and digital media platforms on a global basis. The partnership will continue to set the stage for ongoing offers and promotions for anyone holding an American Express Card, ranging from discounts at the theme parks to special once-in-a-lifetime entertainment experiences.
Kredi Bank has renewed its payment systems with SmartSoft’s OCEAN platform and completed the technological and functional transformation of its infrastructure.
Yapı Kredi renewed its card payment systems infrastructure with Cardtek Group company SmartSoft’s OCEAN platform. Complete Worldcard portfolio has been successfully transferred to OCEAN platform’s payment systems structure with the project that started in 2012. Due to this change, Worldcard products are now easy managable, flexible and designed with the latest technological infrastructure. OCEAN Payment Platform and Yapı Kredi functions were combined together to create the maximum efficiency. Credit Card Management, Prepaid Card Management, Campaign Managtement, Switch, Exchange, Authorization and Charegeback systems have all been renewed.