US Bank Reports Explosive Consumer Credit Card GDV

US Bank Reports Explosive Consumer Credit Card GDV

U.S. Bank (USB)’s Payment Services division reports explosive year-on-year (YOY) growth in consumer credit card gross dollar volume (GDV), as well as a substantial YOY gain in credit card outstandings (OUT) for the first quarter (1Q/16). Payment Services includes consumer and business credit cards, stored-value cards, debit cards, corporate, government and purchasing card services, consumer…

Monet mPOS

Monet, the largest mPOS (Mobile POS) service provider in Pakistan, and China’s UnionPay jointly announced the launch of a mPOS acquiring service in Pakistan. The UnionPay mPOS solution is to be launched at fast food restaurants, express companies and in hospitals and on taxies.


USB & Samsung Pay

U.S. Bank and Elavon announced the availability of Samsung Pay to offer more payment choices and convenience to their customers.
Consumers and small businesses with U.S. Bank Visa credit and debit cards may now load their cards onto eligible Samsung mobile devices and pay using Samsung Pay.

PowaPOS T25

Powa Technologies unveils its partnership with Canada’s leading independent Canadian payment processor, CT-Payment. The PowaPOS T25 is being introduced to the CT-Payment’s ISO and software developer partners as a preferred tablet-based POS platform for meeting the growing demand from their retail clients.

iWallet Password

San Diego-based iWallet has linked up with NEXT Biometrics Group ASA to introduce a turnkey biometric identification solution, iWallet Password, based on NEXT Biometrics’ NB-3010-U ergonomic USB desktop fingerprint reader, a ready-to-use peripheral with USB interface designed to entirely replace passwords when logging into notebooks and tablets.

PocketKey

Pocket Systems has unveiled PocketKey, a new system designed to permanently end the problem of e-commerce credit card theft for consumers, merchants and banks. 85% of Americans in wealthier households now consider card theft from a merchant as their biggest crime risk and 27% of Americans have experienced the anxiety and hassle of card theft in the past year. By 2018, losses to banks and merchants from credit card fraud are projected to reach $19 billion.