Special Breaking News Mentions in Today’s CardFlash

Breaking News: SVB (Startups); GOLDMONEY (BitGold); WU (competition); and CORP INSIGHT (awards). SVB – Silicon Valley Bank and MasterCard have selected four startups to participate in the fourth class of Commerce.Innovated., a virtual accelerator designed to help commerce startups grow their businesses. From mobile lending to instant authentication and identity checks, the new class is…

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Pakistan’s Bank Alfalah to Massively Issue 1.5MM CUP Cards

Bank Alfalah to massively issue 1.5 million China UnionPay cards in Pakistan. Bank Alfalah is the largest merchant acquirer in Pakistan. Before this move, UnionPay International has partnered with the Bank in enabling all ATMs, POS Network and merchants subordinate to the Bank to accept UnionPay cards. These merchants include supermarkets, departmental stores, brand chain…

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Oberthur Technologies

Boubyan Bank to Offer OT Contactless Payment Cards

Oberthur Technologies (OT) has been selected by Kuwait’s Boubyan Bank to offer the first contactless payment cards. In order to offer its customers innovation and cutting-edge technology, Boubyan Bank has decided to market new contactless payment cards, provided by OT. It significantly enhances the shopping experience as customers just need to wave their contactless payment…

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