Briefs: FINCA; TRUSONA; 3SCALE; and PRECISE

In Other News: FINCA (First Access); TRUSONA (insurance); 3SCALE (Adyen); and PRECISE (OT). FINCA – FINCA and First Access, whose technology predicts the credit risk of borrowers in informal markets, announced a new collaboration that will create the largest and most sophisticated alternative credit-scoring approach by a microfinance institution (MFI) in the world. The partnership…

Details
COF International Credit Cards Yield and Margin Soar

COF International Credit Cards Yield and Margin Soar

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Capital One’s (COF) international (U.K.) credit card average yield and interest margin soared quarter-to-quarter (QTQ), and year-on-year (YOY) in the first quarter (1Q/16). However, other COF international credit card portfolio metrics soften and headed south for the quarter, particularly delinquency and charge-offs. COF gross revenues for the international card business edged…

Details

Briefs: BLUESNAP; NCR; PROGREXION; and TSYS

In Other News: BLUESNAP (merchants); NCR (Bankia Spain); PROGREXION (FICO); and TSYS (Featurespace). BLUESNAP – BlueSnap released the Cleanse Report to help merchants analyze their sales traffic and develop an action plan to optimize their sales funnel. So much effort goes into converting shoppers into buyers – advertising, marketing, website and checkout page localization, payments…

Details
WorldPay Inks OTA Uvet Nordic for Online Payments

WorldPay Inks OTA Uvet Nordic for Online Payments

Sweden’s Uvet Nordic has inked Worldpay as its exclusive online payments provider. The company currently operates in 12 European countries, with brands Flightfinder, Airfinder, Farefinder, FlyUvet, Doodle, Travelstore, and Flygpoolen.  Worldpay’s insight into customer data and local spending habits will help inform Uvet Nordic’s global strategy, enabling the company to tailor its service to the…

Details
Germany’s Wincor Nixdorf Reported its First Quarter

Germany’s Wincor Nixdorf Reported its First Quarter

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Germany’s Wincor Nixdorf reported its first quarter (1Q/16) net income more than quadrupled year-on-year (YOY) driven by strong growth in the Americas region. Retail revenue YOY growth was in double-digits for 1Q/16 while banking revenue went south. The proposed merger with U.S.-based Diebold continues on track. Wincor Nixdorf reported first quarter…

Details
VISA APMEA Logs Double-Digits in 1Q

VISA APMEA Logs Double-Digits in 1Q

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Outside the U.S., Visa’s Asia Pacific (AP) region remains the second strongest of the four international regions as purchase dollar volume (PDV) is up 15% year-on-year (YOY) and purchase transactions rose 16% YOY in the first quarter (1Q/16). Visa also posted double-digit YOY growth in accounts (GAC) and cards-in-force (CIF). Visa’s…

Details
PowaPOS + Supercom Off to Flying Start in LAC

PowaPOS + Supercom Off to Flying Start in LAC

PowaPOS has raked-in more than $1.1 million in orders from Latin American distributors within the first month since joining SuperCom on April 18th. PowaPOS is the developer of a fully-integrated mobile and tablet-based system integrating industry-leading retail and secure payment solutions into one simplified, attractive and robust POS platform. PowaPOS expects to deliver the orders…

Details
91K NETS Merchants to Accept JCB Cards in Singapore

91K NETS Merchants to Accept JCB Cards in Singapore

The Network For Electronic Transfers (Singapore) (NETS) has formed a new new partnership to accept JCB cards in Singapore. NETS is Singapore’s leading payment solutions provider and the largest acquirer with a merchant network of 91,000 acceptance points. This latest collaboration between JCBI and NETS will facilitate local and global issued JCB cards with more…

Details
Equinox Payments and PayJunction Unveil Smart Terminal

Equinox Payments and PayJunction Unveil Smart Terminal

Equinox Payments and PayJunction, the premier provider of payment gateway and merchant services, have launched PayJunction’s Smart Terminal, a semi-­integrated solution that connects PayJunction’s cloud-based REST API with the Equinox L5200 terminal to seamlessly process in-­person payments. Together, Equinox and PayJunction have eliminated the lengthy and painstaking process of EMV Level 3 certification. Free to…

Details
CardFlight Certified by Global Payments & Taking Off

CardFlight Certified by Global Payments & Taking Off

M-POS provider CardFlight reports more than half of merchants using its suite of mobile solutions are actively accepting EMV “chip card” transactions. Additionally, CardFlight has been certified by Global Payments to accept EMV chip card payments. This will enable merchants who process payments through Global Payments to accept EMV payments when using CardFlight’s software and…

Details