Industry News

The latest information about the companies, products and services that are shaping the payments industry, selected by our team of specialists.

Jul 20, 2018

American Express and Cvent Integrate Corporate Meeting Card with New Virtual Payment Capabilities into Cvent Platforms

The solution enables users to generate and pay suppliers with American Express virtual account numbers, which are single-use or multi-use account numbers with a fixed authorization amount and expiration date for each transaction.  > See Article

Jul 20, 2018

MyPinPad Launches Open mPOS Platform for PIN on Mobile

Open mPOS is a complete mPOS authentication platform that enables merchants, acquirers, and payment service providers to deploy PIN on Mobile technologies without the need to undergo their own PCI certification. > See Article

Jul 19, 2018

Mastercard is First Payments Player to Receive Approval for Science-Based Emissions Target

Mastercard´s plans to reduce greenhouse gas emissions by 20 percent have been approved by the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) to help companies determine a path to reduce their emissions in line with Paris Climate Agreement goals. > See Article

Jul 19, 2018

Alliance Data Reports Second Quarter 2018 Results

Revenue increased 5 percent to $1.9 billion. Pro forma revenue--which adjusts for the change to net revenue presentation for Air Miles effective January 1, 2018--increased 8 percent. > See Article

Jul 19, 2018

Barcode Payment Prevails in Asia with Inspiry Smart Box Leading in POS Upgrades

Self-service barcode payment terminals, of which the Inspiry Smart Box is a prime example, are expanding from China into Southeast Asia and becoming a major feature of technical upgrades at cashier stations and point of sale terminals across the region. > See Article

Jul 18, 2018

IrisGuard EyePay Phone Will Change the Face of Secure Mobile Transactions

The EyePay Phone uses IrisGuard´s Unique Verifiable Identity template to secure mobile financial transactions by authenticating identity. > See Article

Jul 17, 2018

Wirecard and Mastercard Expand Strategic Cooperation to Promote Contactless Payments Via Wearables

As a result, Boon from Wirecard will be available in Germany via Garmin Pay as of today. Further cooperative projects are planned for the future to make mobile payment with smartwatches available for more and more users. > See Article

Jul 17, 2018

Nayax is Now a Licensed Payment Institution

Nayax, a global leader of cashless payment solutions and management platform for unattended retail, has been issued a Payment Institution license from the Board of the Bank of Lithuania. > See Article

Jul 16, 2018

JTV Partners with Synchrony to Offer Customers Retail Financing Options

JTV will partner with Synchrony on a private label credit card, which offers promotions to incentivize spend. The partnership will also see the re-introduction of the StretchPay payment program. > See Article

Jul 16, 2018

Worldpay and Mastercard to Enter New Global Partnership Focused on Innovating Payments

Starting in early 2019, Worldpay will offer the ´Pay by Bank´ app created by Mastercard´s Vocalink business, enabling customers of U.K. businesses to make online payments for goods and services via their banking app and directly from their bank account. > See Article

Jul 16, 2018

TAS Group and Credz to Launch an Innovative Digital Wallet App Empowering Shoppers at Brazilian Retailers

The three-month pilot goes live immediately with a small number of brands and customers, allowing both P2M and P2P mobile payments via the digital wallet app. > See Article

Jul 16, 2018

Equifax Acquires DataX to Expand Credit Access for Consumers

Through DataX, Equifax will help lenders expand credit access and broaden financial inclusion for more consumers, specifically in underbanked populations. > See Article

Jul 13, 2018

Wirecard Expands Ecommerce Portfolio with Rapid Custom Design Tool for Online Merchants

Wirecard´s new Payment Page Designer lets online retailers of every size adapt the design of their payment options within minutes. > See Article

Jul 12, 2018

Diebold Nixdorf and Mastercard Join Forces to Provide Industry-Defining, Managed Self-Service Solution for Banking and Retail Customers

The solution combines Diebold Nixdorf´s expertise in omnichannel innovation and consumer transactions on the front end, with Mastercard´s state-of-the-art processing services and extensive global network capability on the back end. > See Article

Jul 11, 2018

Bluefin and Verifone Strengthen Payment Security with New Partnership to Provide PCI-Validated Point-to-Point Encryption

Through this partnership, merchants can reduce not only the cost and effort they incur when trying to comply with PCI PA DSS requirements, but also mitigate the risk associated with face-to-face payments. > See Article

Jul 11, 2018

Jack Henry & Associates Migrates 66 Financial Institutions to Full Service Card Processing Platform

The platform offers a comprehensive suite of card tools for fraud mitigation, digital payments, plastics manufacturing and personalization, loyalty programs, and data analytics. > See Article

Jul 11, 2018

Visa Launches Visa Loyalty Solutions, the First 100% Digital Loyalty Platform in Latin America and the Caribbean

The omnichannel digital points redemption platform, available to all issuing banks in Latin America and the Caribbean, offers consumers more than a quarter of a million redemption options. Visa Loyalty Solutions was co-created by Visa LAC in collaboration with global fintech and insurtech company Novae. > See Article

Jul 11, 2018

Barclays, Hawaiian Airlines Introduce New Hawaiian Airlines Credit Cards

The enhanced Hawaiian Airlines World Elite Mastercard and Hawaiian Airlines Business Mastercard allow cardmembers to earn more miles faster and embark on their next vacation sooner through a refreshed 3-2-1 rewards structure. New cardmembers are eligible to receive 50,000 bonus miles after meeting the spend threshold. > See Article

Jul 11, 2018

ACI Worldwide and Pax Bring Additional Payment Terminal Options for Merchants Globally

Pax payment terminals will be the first to receive Nexo certification with ACI´s UP Merchant Payments solution, enabling fast, interoperable, and borderless payment acceptance by standardizing the exchange of payment acceptance data. > See Article

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