CheckAlt Renews and Expands Payment Processing for Italbank

CheckAlt Renews and Expands Payment Processing for Italbank

Miami-based CheckAlt has inked a renewal and an expansion agreement with ItalBank international. CheckAlt will now process all deposits made at ItalBank’s branches, including inclearings processing and CheckAlt Archive. The renewal agreement also includes ItalBank continuing to offer CheckAlt’s Business Capture solution to ItalBank’s business customers. CheckAlt’s Branch Capture consolidates the item processing stream within…

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High Risk Merchant Processor Adds High Powered Chargeback Feature

High Risk Merchant Processor Adds High Powered Chargeback Feature

TX-based Soar Payments, a top credit card processor for high risk merchants, now defaults all new clients to enroll in Chargeback’s unique technology-driven solution; sending a strong signal to its merchant clientele that customer disputes need to be taken seriously and managed with proper tools and resources from day one. With Chargeback, Soar Payments’ clients…

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China Drives the 2016 Surge in Fintech Investments

China Drives the 2016 Surge in Fintech Investments

Asia-Pacific nearly doubles 2015 fintech financing in the first half of 2016 to the tune of nearly $10 billion, primarily driven by China. Investments in Asia-Pacific have eclipsed North America, which as of July 31 garnered $4.58 billion in fintech investments; and also tops Europe, which attracted $1.85 billion in the same period. More specially investments…

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Wirecard Ödeme Ve Elektronik Turkey to Power Otelz.com

Wirecard Ödeme Ve Elektronik Turkey to Power Otelz.com

The Wirecard Group with its Turkish subsidiary Wirecard Ödeme Ve Elektronik Para Hizmetleri inked a deal to work together with one of the biggest booking platforms in the Turkish domestic market that offers worldwide travels to its customers, Otelz.com. This cooperation includes that Wirecard processes all credit card payments via the online platform and acquires…

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Retailers Are Not Tapping the Full Potential of Social Media

Retailers Are Not Tapping the Full Potential of Social Media

New research reveals most retailers are not successfully executing their social media strategies. About 81% of retailers use social media to engage with customers acknowledge indicate their processes need improvement. According to the BRP SPECIAL REPORT: Enhancing Customer Engagement Through Social Media, social media provides retailers with unprecedented visibility into their customer base. It provides…

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Aeromexico Now Offers an Advanced Digital Ecosystem

Aeromexico Now Offers an Advanced Digital Ecosystem

Aeromexico has unveiled its new digital ecosystem that consists of a revamped website, mobile app, and updated airport kiosks. The system also offers advanced payment features. Aeromexico’s new website, mobile app, and automated airport kiosks are part of this new multi-platform vision. The airline aims to develop a personalized and connected end-to-end passenger experience at…

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Briefs: INGENICO; JCB; FAYSAL ; and OT

In Other News: INGENICO (Datacap); JCB (CSR); FAYSAL (MasterCard); and OT (Discover). INGENICO Ingenico and Datacap Systems, an integrated payments middleware provider, announced the installation of its Pay-at-the-Table solution at Uncle Oogie’s, a New Jersey and Philadelphia-based chain of pizzerias. Using Ingenico Group’s smart terminals, Datacap’s point of sale partner, PDQ Signature Systems was able…

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Delinquency Among Top 100 Bank Credit Card Issuers Heads North

Delinquency Among Top 100 Bank Credit Card Issuers Heads North

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The 30+ day delinquency rate, seasonally adjusted (SA), among the top 100 U.S. banks for the second quarter (2Q/16) increased 5 basis points (bps) sequentially (QTQ), and up 9 bps year-on-year (YOY). On a not seasonally adjusted basis (NSA), the delinquency rate among the top 100 U.S. banks for 2Q/16, declined…

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