MasterCard’s APMEA Region Soaring in Transactions

MasterCard’s APMEA Region Soaring in Transactions

MasterCard’s Asia Pacific Middle East Africa (APMEA) region settles down in the first quarter (1Q/16), remaining in double-digits year-on-year (YOY) growth, currency adjusted (FX). Transactions soar around 20% YOY across all categories in 1Q/16. APMEA is MasterCard’s largest international region based on GDV and MasterCard’s fastest growing region, outside the U.S. Gross Dollar Volume (GDV),…

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CashStar Takes Digital Rewards to a New Level

CashStar Takes Digital Rewards to a New Level

CashStar rolled-out a new marketing innovation that allows merchants to use gift cards and other digital incentives to reward loyalty, surprise and delight consumers, run flash promotions, and resolve service issues securely via social channels. Demonstrating the direct link to revenue in social programs has been a challenge for merchants. With CashStar Social Engagement, merchants…

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DBS of Singapore Issuing the UnionPay Platinum Debit Card

DBS of Singapore Issuing the UnionPay Platinum Debit Card

China’s UnionPay International cooperates with Development Bank of Singapore (DBS) in issuing the UnionPay platinum debit card. It is not only the first UnionPay card issued by the largest commercial bank in Singapore, but also the first UnionPay card with functions of UnionPay QuickPass, online payment and local transportation payment issued in the market. DBS,…

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WePay Launches White Label Mobile Point of Sale Solution

WePay Launches White Label Mobile Point of Sale Solution

WePay, which fuels GoFundMe, FreshBooks, and Constant Contact, announced a white label mobile point of sale solution that enables platforms to seamlessly handle in-person payments in addition to online payments. WePay’s white label mobile point of sale solution enables platforms to seamlessly handle in-person payments in addition to online payments. Now any platform can offer…

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Briefs – ZEBIT; SPENDGO; THREATMETRIX; and ETHOSPAY

In Other News: ZEBIT (military); SPENDGO (Shoptalk); THREATMETRIX (Intel); and ETHOSPAY (chargebacks). ZEBIT – Zebit launched a new direct-to-consumer offering exclusively available to active and retired military personnel. Dedicated to improving the financial lives of those who serve, Zebit provides access to $1,000 interest-free credit for active and retired military members associated with the U.S.…

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BlueSnap Embraces MasterPass by MasterCard

BlueSnap Embraces MasterPass by MasterCard

BlueSnap says MasterPass by MasterCard is now available in its Powered Buy Platform to give merchants the frictionless checkout experience they need to reach global shoppers and solve checkout abandonment with higher payment conversions. MasterPass by MasterCard is a global, digital commerce platform that connects consumers with merchants, enabling them to make fast, seamless and…

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ACA International Targets Trial Lawyers Over Arbitration

ACA International Targets Trial Lawyers Over Arbitration

The Consumer Financial Protection Bureau’s proposed rule on pre-dispute arbitration agreements that would ban class action waivers in contracts for many consumer financial products, such as bank accounts and credit cards, despite widespread criticism from ACA International, industry groups, academics, and policymakers. The rule, if finalized, would apply to providers of consumer financial products and…

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6 of 10 Payment Execs are Unprepared for Future

6 of 10 Payment Execs are Unprepared for Future

A new survey has found nearly 6 in 10 payment execs are unprepared for growing competition. A new Global Payments Insight Study of consumer finance, higher education, insurance and other billing organization executives—conducted by ACI Worldwide and research and advisory firm Ovum—found that most organizations lack the payments innovation necessary to win consumers. Principle findings…

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Business Cards Drive AXP Intl Card Growth; LACC Stressed

Business Cards Drive AXP Intl Card Growth; LACC Stressed

The American Express (AXP) International Consumer and Network Services (ICNS) unit posted nominal year-on-year (YOY) declines in revenue and income for the first quarter (1Q/16), but on a currency adjusted basis (FX), gross dollar volume (GDV) rose 100 basis points (bps), quarter-to-quarter (QTQ) and YOY, driven by international business card volume, but dampened by LACC…

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