Synchrony Rock ’n Rolls Posting a Solid 3Q/16 for Retail Cards

Synchrony Rock ’n Rolls Posting a Solid 3Q/16 for Retail Cards

Synchrony Financial’s retail credit card business revenues posted an 11.2% year-on-year (YOY) gain for the third quarter (3Q/16) to $2.79 billion. Retail card outstandings continue to be aided by the recent acquisition of the BP portfolio during the second quarter. During the quarter Synchrony renewed key relationships – TJX Companies, hhgregg, Nationwide Marketing Group and…

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MemberAssist Targets Martial Arts, Fitness and Health Businesses

PA-based Member Solutions, a provider of business management software and solutions including full-service membership billing, payment processing, and advisory services for Martial Arts, Fitness and Health-related businesses, has released MemberAssist, a new mobile application that helps businesses increase member engagement and maximize revenue. The Company says a large percentage of consumers now use smartphones or…

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Worldpay Nailes 1st Claims to P2PE Certification for Omni-Channel

Worldpay is helping UK retailers reduce the complexity and cost associated with gaining PCI compliance by becoming the first payment acquirer to be able to offer customers a complete end to end omni-channel payments service that includes Point to Point Encryption (P2PE) Version 2 certification from the Payments Card Industry Council. The cost of PCI…

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German Acquirers Expand UnionPay Acceptance

China-based UnionPay has inked a deal with two major acquirers in Germany, B+S Card Service and CardProcess. The two institutions will enable more than 50,000 local merchants to accept UnionPay cards, raising UnionPay’s merchant coverage from the current 30% to 50%. UnionPay’s acceptance footprint in Europe has expanded rapidly. Now, 38 European countries and regions…

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Google’s Android Pay Partners with Visa Checkout for Payments

Visa Checkout is opening its platform to partners – allowing them to integrate the easy and secure payment service into digital wallets for online payments. Google’s Android Pay will take advantage of this new open platform by offering Visa Checkout to their consumers for online purchases. Issuers, digital wallets and payment app providers will have…

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Verifone’s V400m Offers Hand-Held Advanced Commerce Capabilities

Verifone has unveiled the world’s smallest, full-functioning, portable payment device. The new V400m is intuitive, connected, and commerce-enabled, bringing experiences to the customer wherever they are. A part of the fully-integrated, Linux-based Verifone Engage family, the V400m is a result of the strategy at Verifone to offer new value at the POS by increasing loyalty…

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