First Data, one of the world’s leading payment technology companies, and Verifone, one of the world’s leading providers for secure payment acceptance, announced a partnership to help U.S. merchants reduce exposure to large-scale consumer payment data breaches and expedite merchant acceptance of EMV-enabled credit and debit cards. Large-scale theft of consumer payment data from merchants’
NCR Corporation, the global leader in consumer transaction technologies, announced that Golden Pacific Bank, a 27-year-old community bank in Sacramento, Calif., is rolling out mobile remote deposit capture as part of its mobile banking experience with Digital Insight, an NCR company. Consumers and small businesses banking with Golden Pacific will be able to deposit checks
American Express and Delta Air Lines announced a multiyear extension of their exclusive co-brand Credit Card. The deal includes continuation of Delta as a Card-accepting merchant and as a participant in the Membership Rewards program from American Express. In addition, Platinum Card Members from American Express and Delta Reserve Card Members can continue to enjoy
ReD, an ACI Worldwide company, has announced a strategic partnership with First Data Mexico to offer enhanced fraud prevention services in support of the fast growing ecommerce market in Latin America. Through this partnership, First Data will introduce the market leading, real-time fraud prevention service, ReD Shield, to its existing and prospective merchant customer base
MasterCard announced that it has granted Smartlink SA a license to host and offer a white label version of the MasterPass wallet to its customers. Smartlink SA operates a wallet platform that allows European financial institutions and merchants to build their individual personalized applications. Besides offering its customers innovative and enhanced mobile wallet services for
In conjunction with the Series C funding announcement issued earlier, MasterCard and Dynamics Inc. also announced a joint commercial initiative to drive innovation in the interactive payment card market. The collaboration enables MasterCard to offer exclusive Dynamics products to its issuers globally, providing consumers with added choice, flexibility and security at the point of sale.
Earthport and Ripple Labs announced a global partnership which will see the two companies use their combined expertise and technology to offer real-time cross-border bank payments. Earthport’s new offering will integrate the Ripple protocol alongside its payments network and platform, bringing a wider choice to financial institutions, in particular to optimize their liquidity management and
Gemalto, the world leader in digital security, has teamed up with Chunghwa Telecom, the largest operator in Taiwan with 10 million subscribers, to secure their mobile NFC services. This commercial launch, supported by MasterCard and four leading Taiwanese banks, uses Gemalto’s UpTeq Multi-tenant NFC SIM and embedded software to host mobile payment and Mifare transit
The European Investment Bank (EIB) has approved a € 50 million credit line to Equity Bank to facilitate onward lending to Small and Medium Enterprises across the region. Speaking at the signing of the facility, Equity Bank Group Managing Director Dr. James Mwangi said, the funds received will be commercially advanced to eligible SME players
EMV chip testing providers, Barnes International and FIME, have announced that their latest jointly developed card personalization validation (CPV) test tool has been qualified by MasterCard. The test tool makes it easier for banks, card manufacturers and personalization bureaus to confidently test that a product meets MasterCard’s EMV chip standard prior to applying for the
