UK Online Card Spending Increased by a Quarter
- 7 years 9 months ago
- Payments
Internet spending has jumped by more than a quarter in the last two years, a new report analysing how the UK uses payment cards online reveals. Card spending on the internet totalled £154 billion in the UK in 2016, averaging £422 million a day, figures from The UK Cards Association show. This is a rise of 28 per cent since 2014, when online spending amounted to £120 billion. Analysis finds one in four card purchases online is on entertainment,... more
UBS Twint Mobile Payments App Becomes Available
- 7 years 9 months ago
- Payments
UBS Twint is now available in the Apple App Store and Google Play Store. The free app is ideal for everybody with a UBS account or a Swiss credit card of any kind: Twint payments are debited directly to your bank account or credit card.
Visa Profits Jump in Q2
- 7 years 9 months ago
- Credit Cards
Today Visa Inc. announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017. Fiscal Second Quarter 2017 Key Highlights:
Sionic Mobile Hires Nat Milburn to Manage Chase Contract
- 7 years 9 months ago
- Payments
Sionic Mobile, provider of the fast-growing Mobile Rewards Marketplace and ION Commerce Engine™ (ICE) mobile loyalty and payments platform, has named Nat Milburn as managing director of Enterprise Development.
Suncoast CU to Reveal BIG's SetIt Credit Card Management Tool
- 7 years 9 months ago
- Payments
Today best Innovation Group (BIG), a credit union innovation catalyst with 20 years of payments experience, announced that Suncoast Credit Union has signed to offer SetIt Credit — a card management tool designed to improve cardholder experience in an easy-to-use, secure platform.
Dovetail Finalizes Instant Payment Tests With Intesa Sanpaolo and EBA Clearing
Dovetail, the provider of best-in-class payments and liquidity management solutions, has today announced the successful completion of business level flow testing with the EBA Clearing pan-European instant payment infrastructure platform.
Icon Connects Instant Payment Framework to The Clearing House
- 7 years 9 months ago
- Payments, Consultancy
Today Icon Solutions, a leading provider of technology solutions and real-time payments consultancy has just reported the enhancement of its Instant Payments Framework (IPF) product to support connectivity to The Clearing House (TCH), accelerating US banks’ access to real-time payments.
Mastercard Reveals Next Generation Biometric Card
- 7 years 9 months ago
- Payments, Security, Authentication Technology
Mastercard today unveiled the next generation biometric card, combining chip technology with fingerprints to conveniently and safely verify the cardholder’s identity for in-store purchases. South Africa is the first market to test the evolved technology, with two separate trials recently concluded with Pick n Pay, a leading supermarket retailer, and Absa Bank, a subsidiary of Barclays Africa.
Verifi Unveils Chargeback Mitigation Platform
- 7 years 9 months ago
- Payments, Risk Management
Verifi, Inc., a major provider of payment and risk management solutions for card-not-present (CNP) merchants, today announced the formal launch of Order Insight, an advanced collaboration platform that dramatically improves efficiency across all parties in the payments ecosystem.
TD MySpend App Reaches One Million Users
- 7 years 9 months ago
- Cash management, e-Payments
Since launching last April, close to 1,000,000 Canadians have signed up for TD MySpend, a mobile money management app that makes it easier to track spending habits and gain greater control over personal and family finances. The app features instant notifications, spending insights and category tracking to give users greater insights into their spending.
Mizuho Cooperates With Metaps To Develop New Digital Wallet App
- 7 years 9 months ago
- E-Wallets, Infrastructure
Mizuho Financial Group, Inc., Mizuho Bank, Ltd., Metaps Inc., and WiL LLC signed an agreement for capital participation and business cooperation for the purpose of providing a new settlement service using FinTech.
Visa Launches First European Everywhere Competion To Challenge FinTech Startup
- 7 years 9 months ago
- Credit Cards
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
FIME Supports BKM to Develop Turkey’s First Domestic Payment Model
- 7 years 9 months ago
- Payments
Today FIME reported its central role in the development and rollout of Turkey’s first domestic scheme, TROY (Turkey’s Payment Method). TROY is a strategic initiative supported by all Turkish banks and managed by BKM (Interbank Card Center of Turkey). FIME was selected by BKM in 2015 to provide consultancy and training at the launch of the project.
ACI Worldwide and Alipay Enable Merchants Across Europe to Transform In-Store Experience for Chinese Shoppers
- 7 years 9 months ago
- Payments
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that it has expanded its relationship with Alipay, China's largest mobile payment provider operated by Ant Financial Services Group, to enable merchants across Europe, the Middle East and Africa to accept Alipay payments from Chinese shoppers.
Masterpass Introduced Bots on Messenger with FreshDirect Subway and The Cheesecake Factory
- 7 years 9 months ago
- Payments
Masterpass-enabled bots work across multiple verticals – from restaurants to retail – making conversational commerce frictionless while delivering a more personalized experience. The bots allow consumers to engage with brands in new places where they are already spending their time, as messaging apps and platforms like Messenger currently represent many of the top 10 global apps used by billions of people worldwide.
