Asian SMBs Targeted for SaaS via the Visa Business Hub in Singapore

Deskera, a specialist in Software as a Service, has inked a partnership with Visa, to provide SaaS to Small and Medium Businesses (SMBs) through the Visa Business Hub (VHB) in Singapore. The VHB, launched earlier this year, is a one-stop portal that delivers tangible value to business customers in Asia. The Deskera and Visa collaboration…

Details

Seamless Debit Authentication System Deployed in South Africa

NY-based Boloro, a specialist in multifactor mobile authentication technology on a mobile payment platform, has launched the first in a series of new, global products in South Africa to help eliminate fraud. Boloro’s Debit Authentication System puts security in the hands of each user, because only the user has its mobile handset and only the…

Details

Major 4 U.S. Networks Post 7.5% YOY 3Q Gain in U.S. GDV

Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover credit cards in the U.S. climbed 7.5% year-on-year (YOY) in 3Q/16 reaching a record $804 billion.   Visa led the way in the third quarter posting a 18.1% YOY gain for U.S. GDV. Visa reported third quarter U.S. credit card GDV of $424 billion,…

Details

Android M-Pay App boon Expands Functionality in Spain, Ireland & Germany

Users of the Android mobile payment app boon are now able to use their virtual prepaid credit card, which can be topped up and which forms the basis of the app, for mobile online purchases. The app issued by Wirecard offers a transparent overview of the entire transaction process. Wirecard, a supplier of internet technology,…

Details

Increased Penetration of International Credit and Debit Cards in Casino Gaming

There has been a significant change in consumer behavior in the global casino gaming market. The increase in the popularity of gambling apps and social gambling are the major factors expected to propel the growth of the market during the forecast period. Vendors are leveraging the growth in internet using population and increasing adoption of…

Details

Small Business Optimism is Back on Track Driven by Good Holiday Sales

A new survey finds small business owners are preparing for weaker sales this holiday season, with only 23% expecting an increase in sales – down from 29% a year ago. Smaller businesses (with under $1 million in annual revenues) are driving the negative outlook, feeling less optimistic about holiday sales compared to their larger counterparts…

Details

Commercial Card Improvements: Controls & Compliance and Incentive/Rebate Programs

A new survey reveals numerous areas where Commercial Card providers can both educate and better serve their end-user clients. Solutions available today address top areas of concern such as control and security related to all product types. Solutions including automated compliance monitoring and mobile alerts are not yet commonly adopted by end-users but could address…

Details

Non-Profit Orgs w/Individual Contributions Suffer From Payments Information Gap

For organizations reliant on individual contributions, there has been a lack of information that could enable a better understanding of how, when and where donations are made.  This information gap keeps organizations from being able to develop efficient and effective fundraising efforts. To help, the Mastercard Center for Inclusive Growth is issuing its first edition…

Details

WEX Ankles Former Green Dot and Fiserv Executive to Lead Corporate Technology

ME-based, WEX, a provider of corporate payment solutions, has ankled David Cooper for the newly created role of chief technology officer. The role was created to lead all aspects of corporate technology. In this position, Cooper will spearhead corporate IT and platform strategy, enterprise architecture, program management, information security, and IT infrastructure operations. “David brings…

Details

New Tool Monitors Consumer Lending to Forecast Potential Future Risks

The Consumer Financial Protection Bureau (CFPB) has introduced Consumer Credit Trends, a web-based tool to help the public monitor developments in consumer lending and forecast potential future risks. The beta version of the tool covers the mortgage, credit card, auto loan, and student loan markets. The first Consumer Credit Trends release shows a sharp uptick…

Details