Campu Bank, a major bank in the Kingdom of Cambodia and JCB have inked deal launch a JCB merchant acquiring service to accept JCB cards at about 650 locations including their merchant terminals and ATMs in Cambodia.
Chase injected new iife into MCX and CurrentC with the launch of
Chase Pay. MCX – which includes retailers such as Walmart, Target, Best Buy and Shell – will be Chase Pay’s premier partner.
The future has arrived as Visa introduced a new specification to use biometrics with chip card transactions. The specification can enable palm, voice, iris, or facial biometrics. This first-of-its-kind technology framework is designed to work with the EMV (Europay, MasterCard, Visa) chip industry standard to help ensure open, globally interoperable solutions.
MUFG Americas Holdings, a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, has ankled Donna Dellosso as the Chief Risk Officer for the Americas for MUFG Americas and its U.S. banking subsidiary, MUFG Union Bank.
The Consumer Financial Protection Bureau nailed of the nation’s two largest debt buyers and collectors for using deceptive tactics to collect bad debts. The Bureau found that Encore Capital Group and Portfolio Recovery Associates (PRA) bought debts that were potentially inaccurate, lacking documentation, or unenforceable.
EVO Payments International has done a successful completion of the purchase of Citigroup’s merchant acquiring business in Mexico, conducted through Banco Nacional de Mexico S.A. (Banamex), a wholly-owned subsidiary of Citigroup.
Toronto-based CanadianForex has launched the “Forex Money Transfer,” the latest advance in currency transfer apps. Forex Money Transfer enables consumers on-the-go to send money in 48 currencies to friends, family and merchants around the globe.
U.S prepaid king Green Dot announced the official opening of Green Dot Shanghai Software Technology. “Green Dot Shanghai” is a new wholly-owned subsidiary of Green Dot Corporation that is located in the Zhangjiang Hi Technology Park in the Pudong district of Shanghai.
Austin-based RideScout has acquired GlobeSherpa, a market leader in mobile solutions for public transportation with mobile book-and-pay ticketing in several major US markets, such as Portland, San Francisco and Chicago.
EverBank Financial Corp announced that EverBank has entered into an amended consent order with the Office of the Comptroller of the Currency and will continue to work toward the completion of all remaining actionable items related to its foreclosure programs identified under an April 2011 consent order with federal regulators.
CardWeb.com’s CardData database of Company Profiles today features Equinox Payments.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Angela Brown, President and Chief Executive Officer of Moneris Solutions.