UQUID’s Altcoin Debit Card Captures 40+ Cryptocurrencies

Altcoin fans can now use their favorite cryptocurrencies to load a virtual VISA card, thanks to UQUID. In a world’s first, users can spend over 40 different cryptocurrencies on mobile top ups, bill payments, pharmacy and food vouchers, transportation tickets, wi-fi recharges, and PIN-less calls. UQUID’s VISA debit card is also the first in the…

Details

Online Payment Card Holiday Fraud to Climb 12% YOY in the U.S.

ACI Worldwide says it expects a 12% growth in online fraudulent activity in the upcoming holiday season, compared with the same period last year—and lower ticket prices on fraudster-targeted gifts and products. ACI says following the U.S. adoption of EMV chip cards, which protects card data through encryption, fraud is shifting online as fraudsters are…

Details

MasterCard Harnesses AI for the 1st Time to Reduce False Declines

Mastercard unveiled Decision Intelligence solution utilizing artificial intelligence technology to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines.  This is the first use of AI being implemented on a global scale directly on the Mastercard network. Current decision-scoring products are focused primarily on risk assessment, working within…

Details

Concur & China Datacom Target Travel Expense Management Market

SAP’s Concur inked a strategic partnership with China DataCom (CDC), a joint venture between SAP and China Communications Services. Concur is the world’s leading provider of integrated travel and expense management solutions, is the only travel and expense provider in China capable of supporting multinational companies. This supports Concur’s ongoing China Expansion Plan which places…

Details

iATS Ankles Top Exec w/Non-Profit Exp to Head Business Development

Vancouver-based iATS Payments has ankled Daniel Mitchell as Vice President responsible for Sales and Business Development. He will be responsible for leading all aspects of iATS sales and business development, and will work closely with customers and partners to support their success. With over 20 years of sales experience, Daniel has worked with innovators across…

Details

BankAxept Certifies Norway Eika Cards w/INTERAC Flash Technology

Eika Alliance, one of the largest players in the Norwegian financial market, with almost a million customers, has partnered with Oberthur Technologies to launch of the first dual payment card certified by BankAxept. This is the first step for an acceleration of the rollout of contactless payment in Norway. OT’s dual payments card leverages INTERAC…

Details

Three Myanmar CB MPU-JCB Debit Cards Begin Issuance in December

Myanmar-based Co-Operative Bank (CB Bank) Myanmar Payment Union Public Co.(MPU), and JCB International Co. (JCBI), inked a deal to enable CB Bank to start issuing a JCB debit card in December. The CB MPU-JCB Co-Brand Card combines the MPU brand and JCB brand. Cardmembers can use MPU’s nation-wide merchant network in Myanmar and JCB’s international…

Details

Wirecard Hardware + Gastro-MIS Software Optimize Restaurant POS

Wirecard has teamed with food retail specialists Gastro-MIS, a company that already integrated software solutions in more than 4000 cash registers in Germany. Today, card payments are already an integral part of the food service industry. Consumers are increasingly used to carrying less cash and prefer to use more flexible alternatives in restaurants, bars and…

Details

WorldPay Contactless Card Tins & Thyngs Styckers & Poppy Appeal

Worldpay, Thyngs and NatWest have partnered with The Royal British Legion to make it easier to donate to the Poppy Appeal by using the latest payment technology, in a trial taking place across 13 NatWest branches. With many people no longer carrying cash, two new collection tins have been adapted to allow people to pickup…

Details

Lane Crawford Perks-Up China UnionPay Platinum & Diamond Cards

UnionPay International inked a deal with Lane Crawford, a renowned upmarket department store, in offering exclusive privileges for UnionPay platinum and diamond cards at the Lane Crawford physical stores and online flagship store. It is the first time that Lane Crawford offers long-term privileges for bankcards of a specific brand. So far, more than 5.8…

Details

Small Business Debit Usage is an Untapped Gold Mine for Issuers

A new report found nearly half of small businesses use business debit, creating both a strong user base and an opportunity to grow for debit issuers. However, use of personal demand deposit accounts (DDAs) and debit products persists, even among larger small businesses. Converting additional businesses to debit may be harder than it should be.…

Details

CardTek CEO Wins Female Executive of the Year/Business Products

Ayşe Nil Sarıgöllü, CEO of Cardtek, was selected as the winner of a Silver Stevie Award in the Female Executive of the Year, Business Products, 11-2,500 Employees category in the 13th annual Stevie Awards for Women in Business. Ayşe Sarıgöllü was honored for her strategic leadership at Cardtek, the fastest growing technology company in EMEA,…

Details