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
RBM Redeban Multicolor, Colombia’s leading electronic payment processing company, continues to set the standards of high innovation and technology with the launch of its RBMóvil device in partnership with MasterCard. This new product allows electronic payments to be accepted through an application installed on a smartphone, enabling more Colombians to accept electronic payments through an
Payfirma, a leader in mobile payments in Canada, announced an agreement with a leading financial institution, CIBC to offer Payfirma services to CIBC business banking clients who are seeking innovative solutions for accepting payments from clients using mobile devices. Payfirma offers a range of hardware and software solutions on a single platform to help businesses
MasterCard announced the launch of the MasterCard Center for Inclusive Growth. The Center will conduct and support academic research and provide strategic philanthropic investments that further sustainable and equitable economic growth and financial inclusion around the world. More than a billion people live in extreme poverty, and 2.5 billion adults lack access to formal financial services. While progress is
Consumers demand convenience, flexibility and pay-anywhere availability from real-time payments, according to the third phase of a comprehensive banking behavior study by FIS™ the world’s largest provider of banking and payments technology. Among the findings, consumers who transfer money person-to-person – especially those sending money overseas – want to make those transactions immediate; and, while
MasterCard announced the launch of the first bank-issued digital wallet service in Australia powered by MasterPass – CommBank Checkout from Commonwealth Bank. Commonwealth Bank customers shopping online with CommBank Checkout will now be able to make purchases at thousands of MasterPass-enabled online retailers around the world – and more than 200 Australian retailers including; Event
Visa Inc. announced financial results for the Company’s fiscal fourth quarter and full-year 2013. Net income for the fiscal fourth quarter was $1.2 billion or $1.85 per share, an increase of 15% and 20%, respectively, over the prior year adjusted results. Net income for the fiscal full-year 2013 was $5.0 billion or $7.59 per share,
American Express and VeriFone Systems, Inc. announced a new partnership that enables eligible Card Members to use Membership Rewards points from American Express for their fare in NYC taxi cabs – in real-time, on the Taxi TV screen at the end of the ride. The program will roll out on VeriFone’s in-taxi devices that process
Citi announced the appointment of Anil Wadhwani as Head of Consumer Banking in Europe, the Middle East and Africa (EMEA). Citi has a Consumer and Commercial Banking presence in 10 markets in EMEA, serving 2.5 million unique customers and 17,000 commercial clients with a network of 202 branches and a credit card market share exceeding
