Industry News
The latest information about the companies, products and services that are shaping the payments industry, selected by our team of specialists.
May 23, 2018
ACI Worldwide Unveils ACI Case Management Powered by i-Sight
ACI Worldwide and i-Sight have partnered to deliver next-generation ACI Case Management. With ACI Case Management, organizations can ensure the implementation of proper process controls and immediate access to relevant transaction, customer, and fraud data crucial to identifying, investigating, managing, and reducing financial exposure, and mitigating direct and indirect fraud losses. > See Article
May 23, 2018
ChinaPay Partners with Computop to Provide Global Payment Services
Computop announced a partnership with ChinaPay. To facilitate Chinese merchant transactions to customers outside of China´s borders, Computop will provide its payment platform Computop Paygate. The server-based payment solution enables customers to use their preferred alternative payment methods in their domestic currency when buying goods online. > See Article
May 23, 2018
USA Technologies, Inc. Announces Pricing of Public Offering
USA Technologies, Inc. announced it priced its underwritten public offering consisting of 5,432,583 shares of its common stock to be sold by USAT and 553,187 shares of its common stock to be sold by certain selling shareholders, at a public offering price of $11.00 per share. The gross proceeds to USAT from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately $59.76 million. The offering is expected to close on May 25, 2018, subject to customary closing conditions. > See Article
May 22, 2018
Loyalzoo Partners with Worldpay to Offer Loyalty System on New Smart POS
Digital loyalty service Loyalzoo has announced a partnership in the U.S. with Vantiv, now Worldpay. Using the Aevi open platform, Worldpay has rolled out SmartPay, a new line of smart terminal point-of-sale systems which now feature Loyalzoo´s loyalty software bundled on each terminal. > See Article
May 22, 2018
New Ink Business Unlimited Card from Chase Offers Simple Cash Back
Chase is introducing Ink Business Unlimited, a new credit card for small business owners with a simple proposition: unlimited 1.5% cash back on purchases. It rewards business owners on every purchase, with no special categories, no annual fees, and no minimum balance to redeem rewards. > See Article
May 21, 2018
Mastercard Launches Accelerate to Continue to Unleash the Potential of Fintechs
The initiative is designed to support the ambitions of players in the fintech sector through tailored support arrangements including access to insight, tools, technology, and investment to support innovation. > See Article
May 21, 2018
EMVCo has developed reproduction requirements and a free licensing structure to enable all implementers of EMV QR Code solutions to use the mark. > See Article
May 21, 2018
Apple Pay Now Available on the Metrolink App
Metrolink announced that it´s now easier to avoid traffic and purchase a ticket for commuter rail services with the introduction of Apple Pay for the Metrolink mobile ticketing app. The addition of Apple Pay enables customers to purchase tickets with just a tap, eliminating the need to type in any credit card numbers, billing info, or security codes to complete a transaction. > See Article
May 18, 2018
CellPoint Mobile Partners with AVA Airways to Provide Payment Solutions
Velocity, CellPoint Mobile´s PCI-DSS compliant payment platform, will allow AVA Airways to accept card-based payments for fares, ticket presales, and ancillary purchases. > See Article
May 17, 2018
Giesecke+Devrient and IDnow Partner to Create Global Solutions for Secure Digital Identification
A first result of this cooperation is the development of a fully automatic remote identification solution for international markets. > See Article
May 17, 2018
Alliance Data will create a loyalty-driven credit card program informed by customer insights for Appliances Connection shoppers and will also create and implement a full suite of data-driven marketing services. > See Article
May 15, 2018
Paya Partners with CardFlight to Offer SwipeSimple Payment Solutions to Its Merchants
The SwipeSimple product for small merchant payment acceptance includes Bluetooth Low Energy or audio jack EMV Quick Chip, NFC contactless-enabled card readers, mobile and web apps, and a merchant portal for business management, along with a virtual terminal for merchants who want to take card-not-present transactions using any device. > See Article
May 15, 2018
Strategic Partnership between Worldline and Six Consolidating European Payments
Six will become a 27% shareholder of Worldline, with Atos retaining a majority stake of 51%. The transaction was mostly paid in shares, with a cash component of €0.28 billion, valuing Six Payment Services at an enterprise value of €2.30 billion. > See Article
May 15, 2018
Coinstar Teams with Amazon to Provide Amazon Cash Reload Sites
Consumers can add cash to their Amazon balance by using Amazon Cash at select Coinstar kiosks across the country. > See Article
May 15, 2018
National Bank of Kuwait and Mastercard Make GCC Debut of Pioneering Biometric Solutions
NBK customers will be the first in the Middle East and Africa (MEA) region to experience Mastercard´s Identity Check online authentication solution, while a pilot program for an innovative biometric card with an embedded fingerprint sensor will be a first for the GCC. > See Article
May 14, 2018
First ´World Mastercard for Business´ Corporate Card Launched in Bahrain
The card caters to the commercial needs of CrediMax´s small and medium-sized enterprises as well as large corporate clients. > See Article
May 14, 2018
American Express Canada Reaches Agreement with Aimia and Air Canada
American Express Canada has reached an agreement with Aimia, Inc. and Air Canada to extend its agreement to remain a payment card partner in the Aeroplan rewards program. The renewed contract extends through June 29, 2020. > See Article
In October 2017, EMVCo published version 1.0 of a technical framework for Secure Remote Commerce (SRC)—a method of securing EMV-compliant payment...
