Credit Cards

59% of Card-Present Transactions Globally Use EMV Chip Technology

Technical body EMVCo has published transaction data showing that 58.9% of card-present contact and contactless transactions globally were EMV®-enabled between July 2016 and June 2017. This represents an increase over the prior year, when 42.4% of transactions were EMV-enabled.  The data reflects average transaction volumes over a 12-month period to account for seasonal variations. Given the ongoing rate of EMV chip technology adoption, EMVCo... more Read more »

Tandem Bank Reveals Credit Card

We’ve previously used the hyperbole of ‘big huge news’ during an earlier burst of, well, big huge news, and now we’re stuck for synonyms to announce anything else.  That said, here’s a moderately girthy announcement: The Tandem cashback credit card details are here So, here's the low-down: No transactions fees when withdrawing cash or making purchases abroad Get 0.5% cashback on all purchases over £1, everywhere Mastercard is accepted globally... more Read more »

Masterpass is Available on Air Canada

Mastercard today announced that Masterpass is available on Air Canada.com and vacations.aircanada.com, helping travelers get from booking to vacation-mode even faster.  Air Canada joins a rapidly expanding roster of travel sites offering fast, easy and secure digital payment with Masterpass. Read more »

International Greenlight Smart Debit Card for Kids Integrates with Apple Pay

Continuing to accelerate its momentum and growth, Greenlight Financial Technology, Inc., today announced that the Greenlight smart debit card for kids now works internationally, and also integrates with Apple Pay.  To continue its leadership in Fintech innovation, Greenlight appointed Nancy Cox, former CTO of WorldPay and CIO of Fiserv, as CTO. Read more »

PSCU Partners with Ethoca to Improve Card Not Present Fraud Loss Recoveries for Credit Union Member-Owners

PSCU is proud to announce a partnership with Ethoca, the leading global provider of collaboration-based technology solutions for card issuers and merchants, to help reduce losses from card not present (CNP) fraud.  Read more »

Enacomm Brings Virtual Personal Assistants to Credit Unions

Credit union members can now securely access their financial information in real-time and safely conduct almost any financial transaction with popular Virtual Personal Assistants (VPAs), using only the sound of their voice.  Enacomm, Inc., a leading provider of customer authentication and intelligent interactions technologies for banks, credit unions and credit card companies, this week presented VPA personal banking at the Corelation Client... more Read more »

Symitar Unveils Six New Credit Union Deals

Jack Henry & Associates' Symitar division today announced that, included in its new core wins during the first ten months of its fiscal year, the company has added six new billion-dollar core credit union footprints for the Episys system. Read more »

Visa Profits Jump in Q2

Today Visa Inc. announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017. Fiscal Second Quarter 2017 Key Highlights: Read more »

Visa Launches First European Everywhere Competion To Challenge FinTech Startup

Today Visa Inc. challenges start-ups and innovative fintech companies from 19 European markets to enter the first-ever European Everywhere Initiative. Competitors will have a chance to win up to €50,000 to support a development programme with Visa, or through business partnership with Visa’s financial institution clients. Successful entrants will have the opportunity to access Visa APIs through the Visa Developer Platform, executive mentors and... more Read more »

WoraPay Teams Up With Mastercard to Save Time For Lloyds Banking Group and Beyond

WoraPay, the mobile service provider that allows customers to beat the queue when ordering food and drinks, has integrated Masterpass, the global digital payment service from Mastercard. Read more »

Visa Unveils Improved Transaction Data For Amazon Business Customers

Today, Visa Inc. has become the first card network that allow participating issuers to provide their U.S. commercial accountholders a comprehensive view of their Amazon Business purchases. The new enhanced transaction data functionality, initially available to Bank of America Merrill Lynch, Citi and PNC Bank, N.A., U.S. commercial accountholders through Amazon Business, provides full line-item details on Amazon Business customers’ purchases made... more Read more »

CreditEase Wealth Management and Tishman Speyer Unite For Global Strategic Partnership

CreditEase Wealth Management signed a global strategic partnership agreement with Tishman Speyer in Beijing on March 23 to extend global cooperation in resource sharing, fund investment, buyouts and business development.     Tishman Speyer is a leading global real estate developer, operator and investment manager. Noteworthy assets include Rockefeller Center and Chrysler Center in New York, The Springs in Shanghai, Sao Paulo's Torre Norte and... more Read more »

Visa Checkout Hits Milestone of 20 Million Enrolled Consumers

Today Visa Inc., announced that Visa Checkout, the easier way to use a Visa card online, is sustaining tremendous growth, reaching more than 20 million enrolled accounts. Visa Checkout enables millions of consumers to pay in just a few clicks on any device around the web with some of the world’s top merchants. Read more »

Arrowhead Credit Union Launches Arca Cash Recyclers

Arrowhead Credit Union, with more than 133,000 members, was seeing a lot of growth, and with growth comes the need for improved efficiencies. In order to achieve greater operational efficiency, the West Coast credit union recently installed five of ARCA's CM18T cash recyclers. Read more »

WEX Introduces Virtual Credit Cards to Singapore

Today WEX Inc., a major provider of corporate payment solutions, reported that it will begin issuing virtual credit cards in Singapore, expanding its program in the Asian region that currently includes Hong Kong and Thailand. WEX’s single-use virtual credit card (VCC) technology, assigns every transaction a unique card number, and provides companies with additional controls for security. Additionally, the VCC technology can deliver efficiencies... more Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53, +44 (0) 173 261 71 47 Download Our Mobile App