U.S. Bank and American Express announced that U.S. Bank will offer credit cards accepted on the American Express network in 2014. “We actively listen to our customers and are focused on delivering the right financial solutions that best meet their needs,” said Pam Joseph, Vice Chairman of U.S. Bank. “We believe that the American Express
International not-for-profit trade association Prepaid International Forum (PIF) has announced that the official launch meeting of its Middle East Chapter will take place in November in Dubai and that founder members of the new chapter include Visa, Al Rajhi Bank and The Saudi Investment Bank. Dr Saleh I. Al-Furaih, Head of Consumer Asset Business at
The people at Cuecommerce have put together an infographic with some of the latest stats on global ecommerce.
Diebold, Incorporated is adding cash recycling capabilities to the automated teller machine (ATM) fleet of UniCredit Banca, part of UniCredit Group, one of Europe’s leading commercial banks operating in 20 countries. A three-year hardware and maintenance services agreement will add approximately 970 Diebold Opteva® ATMs across UniCredit’s network. More than half of the terminals will
First Data Corporation and Oberthur Technologies announced a strategic partnership to manage and promote EMV in the United States. First Data is a global leader in electronic commerce and payment processing. Oberthur Technologies is one of the world’s largest providers of security and identification solutions and services based on smart card technologies. The partnership will
Leading corporate risk prevention consultancy and analyst UKFraud has released an interim update on their on-going research and market analysis of mobile payments and related mobile initiatives. The findings follow an earlier warning to stakeholders about a ‘cocktail of emerging risks’ as a consequence of rapid growth in the global mobile payments market. Key findings
Identive announces that its Board of Directors has approved the sale of non-core businesses as part of a plan to simplify the company’s organizational architecture and enhance its focus on high-growth products and markets. Within the next few months, the company expects to execute agreements to sell its Multicard U.S. business as well as the
Visa Europe and Orange have announced a strategic partnership that reflects the companies’ shared ambition to accelerate awareness and everyday usage of mobile contactless payment in France. The initial step to deliver widespread availability of the innovative payments will be the launch of Orange Cash. The first prepaid product of its type to be launched
October marks the one year anniversary of the mPOS tracker, an industry report produced by PYMNTS.com and sponsored by ROAM, a leader in the mobile commerce industry. In just one year, this sector has experienced extraordinary growth, which tracked 17 players in 2012 to now over 90 players. A newly released PYMNTS.com infographic provides details
One of the leading national banks and newest MasterCard licensee in Myanmar, Asia Green Development Bank Limited (AGDBank), began accepting MasterCard payments cards for cash withdrawals at its ATMs throughout the country. This announcement is timely given the upcoming 27th Southeast Asian Games (SEA Games) which will be held in Naypyidaw, Myanmar’s capital, from 11
