TSYS has announced plans to release TSYS Authorization Controls — a new product that enables credit and debit cardholders to turn their account “on” or “off” from any user interface. This innovative product can be integrated with existing mobile and other online customer service tools, and will help financial institutions empower their consumers to manage
Ecobank Transnational Inc. and MasterCard, have announced a multi-country licensing agreement which will provide access to MasterCard’s electronic payments solutions for Ecobank’s customers in a further 23 African countries. The agreement is the culmination of a Memorandum of Understanding (“MOU”) originally signed in November 2011, and importantly, enables electronic payments access to more than 60%
The American National Association of Social Workers (NASW) and Commerce Bank have come together to offer NASW members a Visa rewards credit card. The card offers reward points with unlimited earnings, as well as no annual fee. Cardholders can redeem points for statement credit, gift cards, merchandise, or travel. Additional features and benefits include $100,000 travel
Starmount has announced that it has partnered with Servebase and Ingenico to enable the company to deliver complete end-to-end solutions that meet all requirements for EMV (Europay, Mastercard, Visa) payments. The partnerships underscore Starmount’s leadership role in the transition to EMV and chip and pin technologies and will enable Starmount to deploy its solutions for
hyperWALLET Systems Inc., a payments provider to top-tier organizations that make payments to employees and other beneficiaries, has announced that Forever Living has launched hyperWALLET’s branded payment services to provide a unified, multi-currency commission payment solution for their organization and Distributors. Founded in 1978, Forever Living is a multi-billion dollar company that manufactures and distributes
Mercury Payment Systems, LLC, a provider of payment technology and services for small to mid-sized businesses, have announced the launch of Mercury StoreCard, a gift, rewards, mobile payments and promotions card all in one. Consumers can use the Mercury StoreCard as a gift card or a reloadable stored-value card to earn cash back loyalty rewards
Visa Europe and leading Spanish bank CaixaBank along with mobile network operators Orange, Telefόnica and Vodafone, have announced the launch of Europe’s largest commercial mobile contactless payments service. From February 2014 CaixaBank customers will be able to make contactless payments quickly and safely using their contactless-enabled smartphones. The partnership with Orange, Telefόnica and Vodafone enables
American Express Company has announced that certain of its subsidiaries have reached settlements with several regulatory agencies to resolve previously disclosed regulatory reviews of marketing and billing practices related to several products that have been discontinued. The settlements involve American Express Travel Related Services Company, Inc., American Express Centurion Bank and American Express Bank, FSB.
Starbucks Coffee Company introduced Starbucks Gift Cards at select locations in Mainland China. Starbucks Cards can be purchased in three unique design themes, including Thank You, Kind Regards and Happy Lunar New Year. “The Lunar New Year is a time when family and friends gather to meet, connect and share stories,” said Belinda Wong, president,
Primax, a provider of debit and credit card issuing and merchant acquiring programs, products and services, has announced that its two entrants in the Visa Global Challenge have finished in the top 25% from among 144 participating teams world-wide. The Visa Global Challenge, a team-based, online payment simulation that tracks each competing team’s portfolio performance
