Commerce Bank Introduces The USA Triathlon Visa Rewards Credit Card

USA Triathlon (USA TRIATHLON), the national governing body for triathlon, and Commerce Bank have come together to offer USA TRIATHLON members a Visa rewards credit card. The card offers reward points with unlimited earnings, bonus point opportunities, as well as no annual fee. Cardholders can redeem points for thousands of items including cash back as

HomeSend and Indosat Make it Easier for 60 Million Indonesians to Send Money

HomeSend, a joint venture between MasterCard , eServGlobal, and BICS, announced an agreement with Indosat to make remittance services available to the company’s 60 million subscribers in Indonesia. Through Indosat’s Dompetku Mobile Money platform, users can safely send and receive funds across Indonesia’s largest mobile money network. HomeSend will also be the first international remittance

Gamers Embrace Microtransactions Through Mobile Carrier Billing

Onebip by Neomobile, the global mobile payments service, has published a detailed global analysis of its partners’ customers’ buying behaviour in the online gaming sector. Based on the analysis of millions of transactions across 65 countries over the course of a full year, Onebip has uncovered the spending habits of the world’s online gamers. Gamers

PCI Security Standards Council Publishes Third-Party Security Assurance Guidance

Businesses are rapidly adopting a third-party operations model that can put payment data at risk.The PCI Security Standards Council, an open global forum for the development of payment card security standards, published guidance to help organizations and their business partners reduce this risk by better understanding their respective roles in securing card data. Developed by

Security Fears Throttling Mobile Commerce

Half of consumers would never use mobile banking apps due to fears about the level of security on their devices, according to wide-reaching consumer survey Leading digital identity expert Intercede today revealed the results of its new research The Rise of the Identity Centric Economy which found that 53% of UK consumers would never use

TSYS Releases Payment Security White Paper

TSYS has published a white paper entitled “Opportunity Knocks: How Card Issuers Can Address Consumers’ Concerns Around Payment Security.” The paper explores changing consumers’ sentiments and the growing concern around the security of their data by highlighting results of the 2014 TSYS Consumer Awareness Data Security Study. The report examines actions financial institutions may take

Rakuten Bank Launches Japan’s First Money Transfer Service Using Facebook

Rakuten Bank Ltd.  announced the launch of Japan’s first*1 money transfer service using Facebook, “Transfer by Facebook*2”. With the aim of providing a service enabling customers to transfer money from one bank account to another with ease, Rakuten Bank launched “MailMoney” in November 2002.The service allowed the sender to transfer money without knowing the recipient’s

Citi to Source $2.5 Billion to “Power Africa”

Citi has pledged to source $2.5 billion in incremental capital to improve access to electricity for millions of people across Africa as part of the “Power Africa” initiative. Power Africa is a multi-stakeholder partnership between the US Government, governments of several African countries and other public and private sector entities, working to accelerate investment in

Square Announces Emv Reader And Resource For Sellers

Square announced its plans to release Square Reader for chip cards, an EMV solution to combat card fraud and protect sensitive payment data. Continuing its commitment to provide sellers more ways to securely accept payments, Square’s new reader will give sellers the ability to accept chip cards with a low-cost, beautifully designed mobile card reader

Australian Bank Invests Over $1 Million In Kofax Software

Kofax Limited , a leading provider of smart process applications for the business critical First Mile of customer interactions, today announced that a large Australian bank has chosen Kofax software to automate the processing of mortgage applications and ancillary documents, and to redact credit card numbers from bank statements to meet Payment Card Industry Data