Upper Deck and Dynamics Unveil Trading Card App on Payment Devices

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Upper Deck announced it is working with Dynamics, an innovator in next-generation payment devices, to launch a new trading card experience™ application for ePlate™ payment devices. The offering brings a new kind of experience to trading card enthusiasts by enabling them to earn exclusive Upper Deck digital trading cards with every…

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Oberthur Technologies Facility Awarded SAS Certification

Oberthur Technologies security and identification solutions and services based on smart card technologies and its manufacturing plant has received the Security Accreditation Scheme (SAS) certification from the Global System for Mobile Communications Association (GSMA) following an extensive third-party audit. Oberthur Technologies is the first smart card manufacturer in South America to satisfy the scheme’s requirements for smartcard production. GSMA’s SAS is a voluntary scheme through which suppliers subject their production sites and processes to a comprehensive security audit. The audit enables mobile operators to effectively assess a supplier’s security standards.

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E-Commerce, Marketing and Advertising Online Retail Revenue Booming

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Research and Markets has announced the addition of the “Australia – E-Commerce, Marketing and Advertising” report to their offering. E-Commerce and m-commerce have become very important areas of focus for the mobile operators, internet media players, financial institutions and payment processing firms alike. Governing bodies are also recognising the importance of…

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Asda Supermarket Implements Contactless Visa Payment

Asda supermarket is set to introduce contactless payments in partnership with Streamline and Visa Europe. The new contactless payment option will be available across 25 stores from July onwards, allowing Asda customers to tap the reader with their contactless enabled card, and pay in less than a second when making payments of up to GBP15 (rising to £20 from 1 June). There are around 20 million contactless cards in circulation in the UK, with a total of 30 million anticipated by the end of 2012.

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MasterCard restructures Middle East and Africa business

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] In a move spurred by continuous economic development, steady population growth, stable outlook and large pool of young consumers entering the workplace each year, MasterCard, announced a new structure for the Middle East and Africa business. The MEA business will comprise three divisions, Middle East & North Africa (MENA), Sub Sahara…

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Chase Cards Chargeoffs Down, As is Net Income

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] JPMorgan Chase reported total 1Q/12 net income of $5.4 billion, compared with net income of $5.6 billion in the first quarter of 2011. For the Card Services division, net income was $1.2 billion, down $351 million by 23% from the year period due to higher provision for credit losses, driven by…

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MasterCard Enhances Cardholder Shopping

MasterCard announced plans to expand its support of issuer and merchant efforts to meet Americans’ desire for increased shopping value through relevant “daily deal” offers. This daily deal content will initially be powered by Local Offer Network, a deal aggregation and syndication service, and integrated with products and solutions delivered by MasterCard to issuers and through other network programs. Through these activities, MasterCard will help reinforce merchant and issuer connectivity with consumers through mobile, social media and traditional shopping channels. Merchants will be exposed to a broad consumer base through a simple, easy-to-navigate technology system while issuers will have access to relevant and geo-targeted offers from hundreds of local and regional merchants.

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Barclaycard US Kicksoff MasterCard Card Community

Barclaycard US announced the availability of its social credit card designed through the power of community crowdsourcing and is now welcoming new cardmembers to join the Barclaycard “Ring” MasterCard card community. Barclaycard “Ring” MasterCard card has one 8% interest rate for all balances; no annual fees; no balance transfer fees; and features the “Giveback” program, allowing community members an opportunity to share in the profit generated from their collective decisions. The Barclaycard Ring community will have an opportunity to voice its opinions about specific product features and community functionality.

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Merchant Warehouse Co-CEO to Speak at 2012 ETA Meeting & Expo

Merchant Warehouse payment processing solutions and merchant services is partaking in the the 2012 Electronic Transactions Association (ETA) Annual Meeting & Expo taking place April 17-19 in Las Vegas. For it Merchant Warehouse will be providing attendees an in-depth look at its CB Mobile Office, a suite of online tools designed for independent sales agents looking to expand their portfolios with dramatically enhanced efficiency. Merchant Warehouse’s Co-CEO Henry Helgeson is also presenting a session called, “What Keeps You Up at Night?” which will look at the changing world of ISOs, addressing security threats and industry wide technology adoption needs.

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Citi Names New Board Chairman

Citi announced that Michael E. O’Neill was appointed Chairman of the Board of Directors of Citi following its annual meeting of stockholders. O’Neill is the retired Chairman and Chief Executive Officer of the Bank of Hawaii and was previously Vice Chairman and Chief Financial Officer at Bank of America from 1995-1999. Mr. O’Neill earned an MBA from the Darden Graduate School of Business at the University of Virginia and a B.A. in European Civilization from Princeton University.

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