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Jack Henry Launches Online Payment, Donation Platform
Jack Henry & Associates and its ProfitStars division have released an online payments and donations platform designed for financial institutions and their business customers, the company announced Feb. 26.
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Boku has released a new, cross-platform carrier billing payment technology that is designed to mimic a credit card payment. more »
Guy Chiarello, president of First Data.
First Data is releasing new services that stem from a strategic shift that followed the company's restructuring over the past year. more »
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Banks and processors often avoid small direct response businesses out of risk concerns, though the category fits right into EVO Payments International's multi-media sweet spot. more »
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The big antitrust ruling against American Express could set off a price war that squeezes all payment card networks -- not just Amex -- as well as card-issuing banks. more »
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First Data is planning to launch a new suite of payment processing software in partnership with Capgemini, a financial consulting and outsourcing firm based in Paris. more »
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It may take years for most small merchants to accept EMV-chip cards in the U.S., but the country's ultimate goal of adopting the secure payment technology is coming together faster than what was seen in other EMV markets. more »
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The U.K. is rapidly becoming a target for payment crime, with malware on the rise and the country poised for fraud spikes as crooks abandon EMV-protected terminals to target the more vulnerable e-commerce channel. more »
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Online money transfer service WorldRemit has signed a partnership with a telco that serves Africa, Asia and the Middle East to enable its customers to send money to mobile wallet users in those regions. more »
Constantin von Altrock, a managing director at IRIS Analytics
French payment companies are stepping up the use technology that can spot certain types of card fraud that are not prevented by EMV-chip security. more »
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A Swiss bank has partnered with acquirer SIX Payment Services to issue a debit card that enables both contactless and regular transactions. more »
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ICICI Bank has launched what it calls India's first contactless debit and credit cards using Near Field Communication technology. more »
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Brazil's central bank has approved a joint venture between Banco do Brasil SA, the nation's largest bank by assets, and card payment processor Cielo SA, but the bank cannot claim accounting gains in its projected profits. more »
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Opinion
The forces of change in payments are swift and coming from seemingly everywhere. Digital migration is wiping away historical industry barriers, facilitating unexpected partnerships and enabling customer relationships that go deeper than the transaction. more »
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