Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space launches SMART PREMIERE, a unique range of luxury payment cards to target affluent customers. These new luxury cards will be showcased during the Cards & Payments Middle East 2015 event taking place in Dubai on 12th – 13th May. Thanks to
Official figures for Q4 2014 released by the global technical body EMVCo show that significant advances are being made globally in the adoption of EMV chip technology. By the end of last year, the number of EMV payment cards in circulation rose by 1 billion, up 43%, to 3.4 billion, from 2.37 billion in Q4
Visa Inc. introduced a set of resources to help business owners manage the transition to chip technology for credit and debit cards. The toolkit, available at VisaChip.com/BusinessToolkit, provides merchants with a 10-step implementation guide, downloadable tools and resources, and a module to train employees on accepting chip cards at the point-of-sale (POS). Chip technology brings
MasterCard announced that it was chosen to be the transaction processor and network gateway for all Green Dot Bank-issued deposit accounts, including the bank’s debit card products. Through this new relationship, Green Dot’s debit and prepaid products will be processed through MasterCard’s platform which represents the latest in state-of-the-art processing solutions, with safety and security
MasterCard Incorporated announced financial results for the first quarter of 2015. The company reported net income of $1.0 billion, an increase of 17% or 24% adjusted for currency, and earnings per diluted share of $0.89, up 22% or 29% adjusted for currency, in each case versus the year-ago period. Acquisitions had a $0.02 dilutive impact
MasterCard announced that it has entered into an agreement to acquire Applied Predictive Technologies (APT) for $600 million, subject to customary purchase price adjustments. Applied Predictive Technologies is a leading cloud-based analytics provider. APT’s Test & Learn® platform helps companies tailor investments and maximize bottom-line impact by harnessing analytics to design, measure and calibrate marketing,
Heartland Payment Systems, one of the nation’s largest payment processors, announced it has teamed with PAX Technology, Inc., one of the fastest-growing terminal providers in the world, to provide Europay, MasterCard, and Visa (EMV)-compliant payment terminals through its Heartland Secure card data security solution and comprehensive breach warranty. EMV chip-based “smart cards” and terminals are
CPI Card Group, a global leader in financial, EMV and commercial card production, and related services, announced that Barry Mosteller, director of research and development for the company, was recognized with the Outstanding Member Service Award at the ICMA 25th Anniversary Expo in Phoenix, Ariz. The Outstanding Member Service Award is bestowed on a member
Two more banks, First National Bank (Slayton, Minnesota), and First National Bank (Davenport, Iowa), now offer the BlazePays Visa Prepaid Cards powered by Capital Prepaid Services. Under the banks’ agent programs which are managed by Capital Prepaid Services, these Minnesota and Iowa banks are now able to cost-effectively tap into the prepaid market, which is
MasterCard announced it has reached a settlement with Target Corporation to resolve claims by MasterCard and its issuers related to the retailer’s 2013 data breach. Under the agreement, Target will make available up to $19 million in alternative recovery offers to eligible banks and credit unions across the globe. These funds will settle their claims
