Despite devaluing its rewards program for customers by 20% in April, Starbucks Rewards continues to draw in more members by 16.5% year-on-year (YOY) in the latest quarter (1Q/16). According to First Annapolis , a consulting concern, Starbucks will be launching an open-loop Visa prepaid card with Chase and plans to enhance personalization of marketing loyalty…
Milan-based Jiffy, the service developed by SIA to send and receive money in real time via Smartphone, has surpassed 300,000 registered users. The average value of a single transaction is €44 and around 50% of the transfers are for sums under €25. Jiffy, the P2P payments service by SIA, has surpassed 300,000 registered users More…
MasterCard is utilizing Daon’s IdentityX Platform as one of the authentication technologies behind MasterCard Identity Check. The app-based authentication solution, commonly dubbed “Selfie Pay” by the media, leverages a mobile device to secure online payments and mobile banking applications using fingerprint and facial recognition. MasterCard Identity Check employs a layered approach to security, including device…
A new survey discovers the majority of IT departments (86%) plan to implement two-factor authentication for access to cloud applications. Currently, 38% of users utilize two-factor authentication, this is expected to rise to over half (51%) of users using it in two years. Over half (57%) already use two-factor authentication to secure external users’ access to resources, indicating the varied use of the technology.
Merchant Customer Exchange (MCX) reports the company’s mobile payment platform, CurrentC, is now available for use at participating Kmart, Sam’s Club, Sears and Walmart locations around Columbus, Ohio, as part of an expanding beta in that city.
Discover ranked highest for credit card customer satisfaction among U.S. credit card companies, according to the J.D. Power 2015 U.S. Credit Card Satisfaction Study. Discover received its highest ever overall score in the nine years that J.D. Power has recognized credit card companies’ customer satisfaction, with 828 out of a possible 1,000 points.
American Banknote in partnership with Above Mobile has rolled-out the first complete wallet application for Android users, with the addition of ABnote’s secure mobile payments platform to PassWallet.
Oberthur Technologies (OT) is opening of a new R&D center dedicated to security technologies for Smartphones and Mobile devices based in South Korea. This center will help handset makers deploy secure high-speed mobile services to accompany fast changing mobile users’ behaviors.
Giesecke & Devrient (G&D) has been certified “Visa Ready” by Visa for Host Card Emulation (HCE) cloud based payment services. With the Visa Ready status, Visa ensures that technology and service providers develop and deploy products and services that are compatible with Visa’s requirements. G&D’s data center in Canada has received Visa Ready certification as a provider for cloud based payment services.
American Express has redesigned its U.S. Amex Mobile app for iPhone and Android. Available for Personal, Small Business and Corporate Card Members, the redesigned app includes the convenience of Touch ID login, nearby offers on a map, rewards information and unique mobile service features like on-the-spot fraud alert verification.
Coinzone has launched its merchant payment services in Poland. The fully-featured customized payment solution incorporates market-specific language and payment processing localizations that give merchants the option of settlement in their local currency, the Polish Zloty.
Apple unveiled iOS 9 making devices more intelligent and proactive with powerful search and improved Siri features. New multitasking features designed specifically for iPad allow you to work with two apps simultaneously, side-by-side or with the new Picture-in-Picture feature, to keep watching a video while browsing the web, composing email or using any other app.