Allegiant and BofA Take-Off with the New Allegiant World MasterCard

Allegiant and BofA Take-Off with the New Allegiant World MasterCard

Allegiant and Bank of America inked a new relationship to launch the Allegiant World MasterCard. This is Allegiant’s first credit card program, and will allow cardholders to earn three points per dollar on Allegiant purchases, two points per dollar on qualifying dining purchases, and one point per dollar on all other purchases. Article – Allegiant…

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Posera Inks a Big Deal with a Large U.S. Payment Processor

Posera Inks a Big Deal with a Large U.S. Payment Processor

Toronto-based Posera has inked its second SecureTablePay non-exclusive distribution agreement with one of the largest payment processors in the United States.  The agreement will generate initial license fees and monthly recurring revenues for POSERA. Posera expects the solution to be available once technical certification is completed in approximately 3 months. Upon completion of the technical…

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Visa Canada & Ingenico Shine at the Toronto Film Festival with NFC

Visa, now in its 20th year of sponsorship of the Toronto International Film Festival (TIFF), will roll out the red carpet for a lineup of innovative payment experiences showcasing the future of commerce. Until September 18th, VISA will provide festival-goers with the opportunity to experience the first-of-its-kind Connected Screen powered by Ingenico Group, which is…

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AmEx Canada Offers Reward Points for Purchases to Cardholders

AmEx Canada Offers Reward Points for Purchases to Cardholders

American Express Canada had unveiled the launch of Use Points for Purchases, a dynamic new capability that allows eligible Cardmembers to use Membership Rewards points towards a wide range of eligible everyday purchases charged to their Card. Eligible Cardmembers enrolled in the Membership Rewards program can access and redeem against eligible spending on purchases they…

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TransMerit Set for Prime Time with a Plethora of m-Payment Products

TransMerit Set for Prime Time with a Plethora of m-Payment Products

TransMerit now offers Vantiv Mobile Accept, which is supported on both iOS and Android operating systems, is an intuitive mobile payment app, which merchants can use to securely process credit or debit cards on a smart phone or tablet. Efficiencies gained on-the-go through invoicing, inventory, refunds, reporting, etc. significantly affect the bottom line—from food trucks…

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Wells Fargo Draws a Record Fine from the CFPB and Cans Thousands

Wells Fargo Draws a Record Fine from the CFPB and Cans Thousands

Wells Fargo Bank reached agreements with the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, and the Office of the Los Angeles City Attorney, regarding allegations some of its retail customers received products and services they did not request. Wells agreed to pay a huge fine and terminated 5,300 employees. The…

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Latino Market Gaining Strength in Spending Power

Latino Market Gaining Strength in Spending Power

Hispanics embody far more than just an extraordinarily fast-growing population segment of the American population.  They now represent a market with outsize spending power that will only continue to grow in the future. According to market research publisher Packaged Facts report “Hispanic Consumers:  Demographic Patterns and Spending Trend” the number of Hispanic households has been growing…

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