Visa announced the launch of Visa Checkout, a quick and easy payment service that enables consumers throughout the United States, Canada and Australia to pay for goods online, on any device. For consumers and online retailers, Visa Checkout offers an easy and secure way to pay online. Enrolling in Visa Checkout is intuitive and simple, and shoppers can use any Visa debit or credit card or even other branded cards to make purchases from a PC, mobile device or within a mobile app. Once enrolled, shoppers simply provide their username and password to complete the payment process — without ever having to leave the merchant’s website. Visa Checkout replaces the V.me by Visa service, first introduced in 2012. Leading payments card issuers, community banks, and credit unions are all participating in Visa Checkout.
MasterCard announced the MasterCard Mobile Payments Global Symposium, offering dialogue on NFC, mobile money and the future of payments. The Symposium is the showpiece mobile payments event within Mobile World Congress (MWC) 2013, the world’s largest mobile conference and exposition. The Mobile Payments Global Symposium agenda will consist of five regional spotlight panel sessions, each exploring evolving trends and key topics related to the future of payments. This includes Mobile payments and driving financial inclusion; creating shopping experiences with a click, tap or touch of a connected device; The role of mobile technology in moving toward a world beyond cash; Mobile money and NFC.
MasterCard unveiled its MasterCard Labs office as an innovation hub to lead in the development of innovation and technology for MasterCard Worldwide. The MasterCard Labs in Dublin will be the first such office in Europe and joins Purchase, New York, Singapore and St Louis, Missouri, as part of an ever growing global network of innovation excellence. As the first event hosted at MasterCard Labs Dublin, MasterCard’s innovation showcase featured an array of products and services, which demonstrated ways the company uses technology and innovation to grow its business, diversify across geographies and customers, and build new business.
Neiman Marcus partnered Visa to test a new Neiman Marcus mobile offers “nmbuzz” program to connect fashion-minded shoppers to real-time offers. To deliver offers, up-to-the-minute fashion news from Neiman Marcus experts, and insider updates on sneak previews and designer appearances directly to the mobile phones of Neiman Marcus customers who enroll their eligible Visa account in nmbuzz, the “nmbuzz” solution lets customers enroll with their eligible Visa account and mobile phone number. Then shoppers simply use that Visa account as they normally would.
American Express, VEVO and YouTube announced Jack White and Oscar Gary Oldman have been selected to kick-off the third year in its popular livestream music series, “American Express Unstaged.” White’s performance, from iconic Webster Hall on Friday, April 27 will be directed by Oldman and livestreamed at www.youtube.com/JackWhiteVEVO and on mobile devices via VEVO and YouTube apps for iPhone, iPod touch, iPad and Android. This will be the eighth installment within the “American Express Unstaged” music series, which brings some of the world’s biggest music acts closer to fans through the distinctive lens of celebrated filmmakers. American Express Cardmembers and music enthusiasts can find pre-show digital features and one-of-a-kind content that further blur the line between an at-home and in-concert experience at www.YouTube.com/JackWhiteVEVO, including the exclusive “American Express Unstaged” trailer.
MasterCard outlined its vision on how to reach the next billion consumers through mobile innovation and partnerships. MasterCard and mobile partners Comviva, Intel, iZettle, Santander and Turkcell intend to reach the next billion consumers through a mobile channel with collaboration and innovation in a collective effort. This comes on the heels of unveiling of “Wanda” joint venture with Telefónica to provide mobile payment solutions to over 87 million Movistar customers in its Latin American markets.
MasterCard and Telefónica launched its “Wanda” mobile financial solution. This will provide mobile payment solutions to the over 87 million Movistar customers in the 12 markets where it will operate. These mobile payment services will be linked to a mobile wallet or prepaid account that will allow for money transfers, mobile airtime reload, bill payment and retail purchases, among other services. The mobile wallet and prepaid accounts will be available anytime, anywhere in the world.
Q2ebanking (Q2) premier electronic banking solutions for community financial institutions has received endorsement for its risk and fraud analytics (RFA) solution from the Texas Bankers Association and its subsidiary. RFA monitors consumer and business transaction activities across all channels in real time and reacts proactively to detect and flag potentially fraudulent transactions. Q2 continuously updates the security solution to meet the latest threats and challenges, and regularly modifies algorithms to enhance overall platform security. The Q2Security solution also includes native out-of-band transaction authentication, multifactor authentication (MFA), real-time alerts and VeriSign® tokens to protect both consumer and commercial transactions.
Americans for Fairness in Lending (AFFIL) has conducted research on
median credit card debt per borrower in each of the 50 states and the
District of Columbia demonstrating credit card indebtedness has become
particularly large, especially within Alaska where the median credit
card debt is $3,384 for each borrower- $1,200 higher than any other
state. Other states leading average debt per borrower include New
Hampshire with $2,109, Connecticut with $2,094, Maryland with $2,042 and
Colorado with $2,030. States with the least amount of per capita credit
card debt include Mississippi with $1,098, Iowa with $1,135 and West
Virginia with $1,237. Americans for Fairness in Lending non-profit
organization works to end predatory lending practices, provide
information to help consumers, educate policymakers about the need for
reform and demand action to assist debt-burdened Americans.
VISA’s “Hall Of Fans” at the Pro Football Hall of Fame has named Philadelphia Eagles fan, Jim “Torchman” Convey, and Oakland Raiders fan, Charles “Darth Raider” Ybarra, among others to its list of recognized fans. The exhibit showcases the honorees through individual panels featuring the fans’ names, photographs and short testimonials. The exhibit also includes famous fan mementos, such as a Redskins’ Hogette dress and a barrel that Denver’s Barrelman used to wear; an honor roll with the names of previous Visa Hall of Fans honorees; and a film of the league’s most dedicated and sometimes outrageous personalities.
Seoul-based IC Korea Co., Ltd has become a Principal Member among card
manufacturers in the International Card Manufacturers Association. Also
joining IC Korea are Huangshi G & D Wanda Security Card Ltd. (Branch
Member) of Huangshi, Hubei and US-based Travel Tags / Xtreme Graphics. New
personalizer members includeÂ·Discover Financial Services of Riverwoods,
Illinois. Associate Members among suppliers include: API Foils: Lawrence,
KS, USA; Â·Hanwha L & C Corp. Seoul, Korea; Kora-Packmat Maschinenbau GmbH,
Villingendorf, Germany; and Unifoil Corp.of Passaic Park, NJ, USA. ICMA is
a non-profit association of plastic card manufacturers, personalizers and
related industry participants and has more than 230 members globally.
Bank of America announced Wednesday that it will launch a smart card pilot program that allows ‘VISA Cash’ stored-value smart cards to be loaded with funds via the Internet to lead to transforming personal computers and other consumer devices into home ATMs. The new smart card pilot program is expected to be rolled out to several hundred Bank of America and VISA employees beginning next month. The pilot will allow participating BofA and VISA employees to use Bank of America’s Internet ‘HomeBanking’ service to transfer funds from their checking account to a ‘VISA Cash’ stored-value chip card. The ‘VISA Cash’ smart card can then be used to make purchases from participating merchants in the physical world or from Internet merchants who have been participating in a separate Bank of America/Visa smart card program that was launched in May 1997. Pilot participants will be able to load funds onto a ‘VISA Cash’ stored-value smart card via a portable, Fischer ‘smarty’ smart card reader that can be inserted directly into a personal computer’s diskette drive. Bank of America’s Smart Card Group is working with VISA and SPYRUS to develop the ‘VISA Cash’ Internet-load pilot.