Industry News

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

May 24, 2018

Mastercard to Transform Sri Lanka´s Digital Payments Landscape with QR

Mastercard unveiled Mastercard´s Merchant Presented QR payment solution in Sri Lanka, a safe and secure Quick Response (QR) based mobile payment solution. The solution enables shoppers to safely pay using a mobile application with a standardized QR code support to scan the merchant-presented QR code, which works on smartphones. Mastercard QR can easily be integrated into existing mobile payment solutions offered by financial service providers and works with existing Mastercard cards as well. > See Article

May 24, 2018

SIA Acquires Card Processing Businesses in Central and Southeastern Europe from First Data

SIA and First Data Corporation have signed an agreement for SIA to acquire First Data´s card processing businesses in parts of Central and Southeastern Europe for €375 million. In 2017, these businesses generated a combined revenue of approximately €100 million for First Data. > See Article

May 24, 2018

Visa Makes Strategic Investment in YellowPepper to Accelerate Adoption of Mobile Payments and Tokenization

Visa announced a strategic investment in YellowPepper, a mobile payment pioneer in Latin America, to help accelerate innovation in digital payment technology. The strategic investment reinforces a shared vision for increasing usage of mobile payments throughout Latin American and the Caribbean. Visa and YellowPepper initially established a multiyear partnership in 2017. > See Article

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 Creates QR Payment Mark to Help Promote Worldwide Acceptance and Interoperability of EMV QR Code Payments

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 to Launch Branded Credit Card Program for Fast-Growing Home Goods Online Retailer Appliances Connection

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

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