JETCO Takes Up Gemalto for Ezio Mobile Suite

JETCO Takes Up Gemalto for Ezio Mobile Suite

Gemalto inked a deal with JETCO to provide Ezio Mobile Suite, including servers for mobile enrollment and provisioning, authentication and messaging. JETCO runs on its existing inter-bank network, is a bank consortium chartered to develop innovative and secure financial technology services for over 30 member banks in Hong Kong and Macau. Gemalto’s solution, integrated with…

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BCBS Proposed UCC Changes May Impact US Intl Credit Cards

BCBS Proposed UCC Changes May Impact US Intl Credit Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Basel Committee’s (BCBS) proposal to apply higher capital charges for “unconditionally cancelable lines of credit” (UCCs) could impact internationally active US credit card banks CET1 ratios on average by 375 basis points, absent any remedial measures from affected institutions. Fitch Ratings says, if implemented by the US authorities, the measures…

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Metabank & Blackhawk Renew Prepaid Vows

Metabank & Blackhawk Renew Prepaid Vows

MetaBank has inked a new multi-year agreement with Blackhawk Network for marketing, servicing, and processing services for a broad range of consumer and corporate financial products issued by MetaBank. Blackhawk has chosen Metabank as the preferred issuer of network branded prepaid programs distributed through their network. Blackhawk Network Holdings is a major prepaid and payments…

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APS Beefs-up its Acumatica Credit Card Processing Solution

APS Beefs-up its Acumatica Credit Card Processing Solution

AZ-based American Payment Solutions has unveiled the newest release of their integrated Acumatica credit card processing solution for Acumatica users and resellers in the U.S. and Canada. This solution enables Acumatica users to integrate credit card processing directly with cloud-based Acumatica software. This helps to maximize productivity, reduce errors and take advantage of significant cost-saving…

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PDV +17% and PTX +35% YOY in Visa’s CEMEA Region

PDV +17% and PTX +35% YOY in Visa’s CEMEA Region

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] After trailing off over the past four quarters Visa’s Central Europe – Middle East – Africa (CEMEA) region rebounded nicely in the first quarter (1Q/16). Purchase dollar volume (PDV) and purchase transactions (PTX) both soared well into double-digits year-on-year (YOY). The number of gross accounts (GAC) and cards-in-force (CIF) remained stable…

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