GOTrust Inks Major Deal with Nok Nok Labs for Security

GOTrust Inks Major Deal with Nok Nok Labs for Security

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] GOTrust Technology has inked a deal for collaboration with Nok Nok Labs to enable login supporting the Fast IDentity Online (FIDO) UAF protocol for all mobile devices meeting all levels of security requirements. FIDO UAF authentication delivers a strong, fast and passwordless user experience. GO-Trust achieves this with its market first…

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China UnionPay and Visa Ink Historic MOU

China UnionPay and Visa Ink Historic MOU

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] China UnionPay (CUP) and Visa inked a Memorandum of Understanding (MOU) in Shanghai with both parties agreeing to collaborate on payments security, innovation and financial inclusion. The MOU provides an important platform for CUP and Visa Inc., two world-leading payments networks, to work together to strengthen and create new value for…

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Interac Debit Skimming Losses Continue to Decline

Interac Debit Skimming Losses Continue to Decline

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Interac Debit losses, due to skimming, have continued a six year drop setting a new record low of $11.8 million in total losses to financial institutions in 2015. Fraud exploitation occurring in Canada accounted for only $2 million, or 17 percent of total losses – a drop of 40 percent from…

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Breaking News Mentions in CardFlash February 29, 2016

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] SPENDGO – Spendgo, a provider of personalized customer engagement solutions for mobile apps and online stores has inked a partnership with Dickey’s Barbecue Pit, a Dallas-based family-run barbecue franchise, has delivered great results integrating Spendgo’s loyalty customer engagement solution, allowing guests to receive geo-targeted specials and earn points that can be…

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CardFellow Attacks the Rules Surrounding Card Surcharges

CardFellow Attacks the Rules Surrounding Card Surcharges

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CT-based CardFellow released an infographic version of its popular blog post offering detailed information about the rules surrounding surcharges. The infographic combines information on card brand regulations, consumer opinions of surcharging, and details on credit card usage in order to highlight the multiple facets involved. Credit card processing costs have long…

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Asia Pacific Consumers Embrace Digital Wallets

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Consumers in Asia Pacific are embracing new mobile technologies with one in five (19.5%) using digital wallets, a two-fold increase from two years ago (9.7%). Smartphone users in emerging markets, China (45.0 percent) and India (36.7 percent) are the biggest adopters of digital wallets in the region while smartphone users in…

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Western Union & PrivatBank Launch online Ukraine Money Transfer

Western Union & PrivatBank Launch online Ukraine Money Transfer

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Western Union has launched online money transfer in Ukraine. The new service is available in collaboration with Public Joint Stock Company Commercial Bank PrivatBank. With this capability, Western Union customers in Ukraine can now make fast, convenient and reliable online money transfers on www.westernunion.ua using their Visa or MasterCard credit cards…

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Thai Payment Network & China UnionPay Join Forces

Thai Payment Network & China UnionPay Join Forces

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bangkok Bank, Krung Thai Bank, Kasikornbank and Siam Commercial Bank, says TPN (Thai Payment Network), Thailand’s local switching network constructed based on UnionPay technical standards officially went live. Previously UnionPay IC card standard became the industry standard of Thailand. Through the incorporation of a joint venture, UnionPay now offers the technical…

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Krungsri Consumer and JCB Launch a Payment Card

Krungsri Consumer and JCB Launch a Payment Card

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Krungsri Consumer, a specialist in credit card and personal loan business in Thailand, and JCB have launched JCB credit card issuing in Thailand. Krungsri Consumer has a combined customer portfolio of over 7 million accounts, the biggest portfolio in Thailand. JCB cards are today issued in 20 countries with 91 million…

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Minneapolis Metro Transit Bus Fleet Go-To Switch to Cubic

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cubic Transportation Systems has installed mobile validators on the Minneapolis Metro Transit bus fleet to replace previous card validators used in the Go-To smart card system. The state-of-good-repair project was awarded under a $5 million contract. The new validators meet Europay, MasterCard and Visa (EMV) compliance and include the capability of…

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BJ’s to Deploy Zipit Enterprise Critical Messaging Solution

BJ’s to Deploy Zipit Enterprise Critical Messaging Solution

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] BJ’s Wholesale Club has selected the Zipit Enterprise Critical Messaging Solution for use in improving order processing and fulfillment efficiency across all 213 BJ’s locations. After undergoing a comprehensive trial, BJ’s chose to implement the Zipit solution because of its patented priority messaging feature as well as its ability to provide…

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HomeSend

HomeSend and Vodafone Launch M-Pesa Remittance

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] HomeSend has expanded its global framework agreement with Vodafone Group for M-Pesa, including the launch of remittance services into five new markets during 2016. The two companies will work together to enable the real-time, mobile receipt of remittances by M-Pesa users in the Democratic Republic of Congo, Ghana, Lesotho, Mozambique and…

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