6 of 10 Payment Execs are Unprepared for Future

6 of 10 Payment Execs are Unprepared for Future

A new survey has found nearly 6 in 10 payment execs are unprepared for growing competition. A new Global Payments Insight Study of consumer finance, higher education, insurance and other billing organization executives—conducted by ACI Worldwide and research and advisory firm Ovum—found that most organizations lack the payments innovation necessary to win consumers. Principle findings…

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Business Cards Drive AXP Intl Card Growth; LACC Stressed

Business Cards Drive AXP Intl Card Growth; LACC Stressed

The American Express (AXP) International Consumer and Network Services (ICNS) unit posted nominal year-on-year (YOY) declines in revenue and income for the first quarter (1Q/16), but on a currency adjusted basis (FX), gross dollar volume (GDV) rose 100 basis points (bps), quarter-to-quarter (QTQ) and YOY, driven by international business card volume, but dampened by LACC…

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TSYS and Dejavoo Systems announced the EMV

TSYS and Dejavoo Systems announced the EMV

TSYS and Dejavoo Systems announced the EMV certification of all Dejavoo Z and V Series devices. TSYS also announced that Ecobank has deployed the latest version of the PRIMESM payments solution platform, PRIME 4, to support its acquirer processing of MasterCard, Visa and UnionPay International point-of-sale (POS) transactions across 28 countries in Middle Africa. Compatible…

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UnionPay Inks Bangkok Bank in Issuing the First TPN Card

UnionPay Inks Bangkok Bank in Issuing the First TPN Card

UnionPay International announced its cooperation with Bangkok Bank in issuing the first local UnionPay-TPN card. This is also Thailand’s the first domestic brand debit card. This February, Thailand’s local switching system Thai Payment Network (TPN), which was joint-ventured and constructed by UnionPay International and 4 local mainstream banks (including Bangkok Bank) in accordance with UnionPay’s…

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Briefs: THREATMETRIX; NAB; INTELLICHECK; and LENDINGTREE

In Other News: THREATMETRIX (OS); NAB (Adelo); INTELLICHECK (1Q); and LENDINGTREE (CTO). THREATMETRIX – ThreatMetrix has unveiled ThreatMetrix Open Intel, a new capability to incorporate third-party intelligence signals into the ThreatMetrix platform to orchestrate fraud prevention and authentication across the enterprise. Through Open Intel, ThreatMetrix customers can preserve their legacy and future investments in third-party…

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