The CardLinx Association, the new association that facilitates the interoperability and growth of card-linked offers (CLOs), and Deem, a cloud commerce company delivering Commerce-as-a-Service (CaaS) to a large and diverse ecosystem of customers, has announced a new draft protocol, the CardLinx Chameleon Standard, for pro-actively combating fraud resulting from returns of CLO purchases. CLOs are
CardLinx, the new association that facilitates the interoperability and growth of card-linked offers (CLOs), will host the first annual CardLinx Forum on April 7, 2014 in Las Vegas. This is the first forum to focus specifically on the convergence of digital advertising and payments or card-linked offers. Speakers and panelists will discuss predictions and emerging
The new British Airways Credit Card launched in Johannesburg today, now offers consumers exceptional benefits with the best Avios earn rate in South Africa. The card is tailored to meet the needs of frequent flyers, who will earn Avios at a preferential rate on all purchases on their credit card. It is designed to reward
Target Chief Financial Officer John Mulligan, in testimony before the Senate Committee on the Judiciary in Washington, D.C., announced that the company will be accelerating its implementation of smart card technology designed to dramatically reduce the threat of credit and debit card fraud among guests shopping in its stores. Mulligan appeared on behalf of Target
Visa Inc. has announced plans to provide companies a simplified way to pay by Visa through their Visa Commercial issuer using the SAP Financial Services Network. The new payment solution is expected to help corporations more easily automate and process their invoice payments without the need for significant investment in custom software, and is planned
Hagens Berman Sobol Shapiro LLP, a consumer-rights law firm, has announced it is investigating a network breach resulting in loss of customer data at Michaels Stores, following the craft-supply chain’s announcement that attackers may have breached its systems, despite warnings of network vulnerability from a noted security expert. The consumer data breach involves the store’s
Ghana Interbank Payment and Settlement Systems (GhIPSS) has urged banks to issue more proprietary ‘local’ ATM cards to their customers. Historically most banks in Ghana would issue international cards, which had wider footprints than local options, but the introduction of the new national switch, gh-link, is set to change that. Gh-link is a new service
American Express OPEN has announced the launch of the Enhanced SimplyCash Business Credit Card, a small business card that gives entrepreneurs the flexibility to choose 3% cash back in one of seven business-related expense categories. In addition, the Card will continue to give small business owners: 5% cash back at U.S. office supply stores and on wireless
ElectraCard Services (ECS), a leading provider of software and processing solutions for electronic payment systems, announced that the student prepaid cards program at Chase Bank, Kenya has been launched on the electra platform. ECS is the technology and processing partner for the program and leverages its PA-DSS certified electraPREPAID platform to provide a seamless, safe
Hagens Berman Sobol Shapiro LLP, a consumer-rights law firm, has announced it is investigating a breach of customer data at Neiman Marcus stores following the chain’s disclosure on January 13, 2014, that its Point of Sale (POS) system and more than 1.1 million debit and credit cards may have been compromised. The company disclosed that
