MasterCard Inks Big Partner Deal in Asia Pacific with Priority B2B

MasterCard Inks Big Partner Deal in Asia Pacific with Priority B2B

MasterCard has inked a new partnership in Asia Pacific with Priority B2B, targeting issuing banks to grow and deepen their commercial payment portfolios. The three goals of the deal is to: • Providing expertise on commercial payment systems – allowing the issuer’s customers to better understand commercial payment solutions and the relevance to their business…

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JETCO Takes Up Gemalto for Ezio Mobile Suite

JETCO Takes Up Gemalto for Ezio Mobile Suite

Gemalto inked a deal with JETCO to provide Ezio Mobile Suite, including servers for mobile enrollment and provisioning, authentication and messaging. JETCO runs on its existing inter-bank network, is a bank consortium chartered to develop innovative and secure financial technology services for over 30 member banks in Hong Kong and Macau. Gemalto’s solution, integrated with…

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BCBS Proposed UCC Changes May Impact US Intl Credit Cards

BCBS Proposed UCC Changes May Impact US Intl Credit Cards

The Basel Committee’s (BCBS) proposal to apply higher capital charges for “unconditionally cancelable lines of credit” (UCCs) could impact internationally active US credit card banks CET1 ratios on average by 375 basis points, absent any remedial measures from affected institutions. Fitch Ratings says, if implemented by the US authorities, the measures will encourage US banks…

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