Credit cards

Alon Feit, Co-Founder of Splitit, Joins Verrency

Tuesday, January 19, 2021 - 10:10pm

MELBOURNE, Australia, Jan. 19, 2021 /PRNewswire/ -- Global payment innovation company Verrency today announced that Alon Feit, an accomplished payments executive and successful start-up founder, has joined Verrency.Mr.

Key Points: 
  • MELBOURNE, Australia, Jan. 19, 2021 /PRNewswire/ -- Global payment innovation company Verrency today announced that Alon Feit, an accomplished payments executive and successful start-up founder, has joined Verrency.Mr.
  • Feit joins Verrency's global advisory board and will also take responsibility for Verrency's commercial operations in Israel and selected countries within Europe.
  • He has held numerous executive leadership roles in the credit card industry for over 25 years at, Mastercard, ITAU-Unibanco Cards and Shufersal Finance.
  • Verrency also enables rapid connection to third-party services via its extensive FinTech ecosystem with little to no integration.

Peoples Trust Company Launches CDIC Insurance Eligibility for General Purpose Reloadable (GPR) Prepaid Cards

Tuesday, January 19, 2021 - 6:22pm

VANCOUVER, B.C., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Peoples Trust Company, part of Peoples Group, announced today that CDIC has approved general purpose reloadable prepaid card products, issued under its prepaid card programs, to be eligible for CDIC insurance.

Key Points: 
  • VANCOUVER, B.C., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Peoples Trust Company, part of Peoples Group, announced today that CDIC has approved general purpose reloadable prepaid card products, issued under its prepaid card programs, to be eligible for CDIC insurance.
  • For the first time, Peoples Trust Company can offer their issuing clients the ability to provide CDIC protection for eligible general-purpose reloadable prepaid card programs, including Payroll cards.
  • Peoples Trust Company continues to lead with innovative solutions in the area of prepaid cards.
  • In the world of Canadian payments, Peoples Trust Company, part of peoples Group, is a leading issuer of prepaid payment cards and an innovative merchant acquirer.

PrimeXBT Partners With Coinify to Quickly and Easily Buy Cryptocurrency

Tuesday, January 19, 2021 - 2:50pm

This new partnership with Coinify will allow PrimeXBT clients the opportunity to purchase Bitcoin via the fiat on-ramp which is integrated directly into the trading platform.

Key Points: 
  • This new partnership with Coinify will allow PrimeXBT clients the opportunity to purchase Bitcoin via the fiat on-ramp which is integrated directly into the trading platform.
  • This purchase can be done using VISA or Mastercard credit or debit cards as well as via bank transfer.
  • Any Bitcoin purchased is instantly transferred to a user's private wallet in the PrimeXBT trading platform and is made available immediately for trading.
  • The partnership with payment on-ramp Coinify is one of the more recent partnerships in a list of many for PrimeXBT.

PrimeXBT Partners With Coinify to Quickly and Easily Buy Cryptocurrency

Tuesday, January 19, 2021 - 2:46pm

This new partnership with Coinify will allow PrimeXBT clients the opportunity to purchase Bitcoin via the fiat on-ramp which is integrated directly into the trading platform.

Key Points: 
  • This new partnership with Coinify will allow PrimeXBT clients the opportunity to purchase Bitcoin via the fiat on-ramp which is integrated directly into the trading platform.
  • This purchase can be done using VISA or Mastercard credit or debit cards as well as via bank transfer.
  • Any Bitcoin purchased is instantly transferred to a user's private wallet in the PrimeXBT trading platform and is made available immediately for trading.
  • The partnership with payment on-ramp Coinify is one of the more recent partnerships in a list of many for PrimeXBT.

Mastercard Incorporated to Host Conference Call on Fourth-Quarter and Full-Year 2020 Financial Results

Friday, January 15, 2021 - 2:02pm

On Thursday, January 28, 2021, Mastercard Incorporated (NYSE: MA) will release its fourth-quarter and full-year 2020 financial results.

Key Points: 
  • On Thursday, January 28, 2021, Mastercard Incorporated (NYSE: MA) will release its fourth-quarter and full-year 2020 financial results.
  • The company will host a conference call to discuss these results at 9:00 a.m. Eastern Time.
  • The financial results will be posted on the companys website at investor.mastercard.com .
  • Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential.

Ascert Makes Level 3 Testing for Visa Available to Customers

Thursday, January 14, 2021 - 1:00pm

EMV level 3 testing is the testing of a transaction from an EMV terminal card acceptance device to the acquirer's system and on to payment authorization systems.

Key Points: 
  • EMV level 3 testing is the testing of a transaction from an EMV terminal card acceptance device to the acquirer's system and on to payment authorization systems.
  • A typical use would be testing an EMV contactless POS transaction from a merchant using a Visa contactless card.
  • To find out more about Ascert's Visa network testing as well as other Ascert testing and certification products, visit the Ascert web site or contact a local Ascert office.
  • Off-the-shelf simulators for Ascert's VersaTest product include solutions for EFT testing, POS testing, stress testing, ATM testing, Fraud testing, IFX testing, EMV/chip card testing, ISO8583 testing and 3270 & 6530 terminal testing.

FLEETCOR and TravelCenters of America Renew Comdata Payment Acceptance Agreement

Wednesday, January 13, 2021 - 9:10pm

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has renewed an agreement under which TravelCenters of America Inc. (TA) will continue accepting FLEETCORs Comdata fleet card at its TA, TA Express and Petro branded travel centers.

Key Points: 
  • FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has renewed an agreement under which TravelCenters of America Inc. (TA) will continue accepting FLEETCORs Comdata fleet card at its TA, TA Express and Petro branded travel centers.
  • We are delighted to have agreed to an early renewal of our Comdata trucking card acceptance agreement with TA, said FLEETCOR CEO Ron Clarke.
  • Adding Fuelman and FleetWide card acceptance at TA, TA Express and Petro branded travel centers nationwide enhances the convenience of those programs, said Alexey Gavrilenya, Group President of North America Fuel at FLEETCOR.
  • FLEETCOR serves businesses, partners and merchants in North America, Latin America, Europe, and Asia Pacific.

Walgreens Expands Financial Services Business Strategy, in Partnership with Synchrony and Mastercard

Wednesday, January 13, 2021 - 1:09pm

Walgreens is expanding its financial services offering in partnership with Synchrony (NYSE: SYF) and Mastercard (NYSE: MA), as part of its ongoing commitment to offer differentiated healthcare services and benefits to customers.

Key Points: 
  • Walgreens is expanding its financial services offering in partnership with Synchrony (NYSE: SYF) and Mastercard (NYSE: MA), as part of its ongoing commitment to offer differentiated healthcare services and benefits to customers.
  • Additionally, the flagship, co-branded credit card will offer a wider range of benefits provided through Synchrony and Mastercard when used at other retailers and service providers.
  • Eligible customers will be able to use the Walgreens credit card for purchases at more than 9,000 Walgreens stores, Walgreens.com and via the Walgreens mobile app.
  • Synchrony is proud to be Walgreens partner of choice for this new Walgreens Mastercard, said Brian Doubles, President of Synchrony.

Global Processing Services (GPS) Bolsters Asia Pacific Team with Head of Region Appointment

Wednesday, January 13, 2021 - 6:00am

Leading payments issuer processor, Global Processing Services (GPS), today announces the appointment of Damien Gough as Head of Asia Pacific.

Key Points: 
  • Leading payments issuer processor, Global Processing Services (GPS), today announces the appointment of Damien Gough as Head of Asia Pacific.
  • With more than 14 years experience working with fintechs across the region, Gough was previously Head of Issuer Processing and Enablement Partnerships, Asia Pacific, at Visa, where he was responsible for forging regional and global partnerships with third-party processors and BIN sponsors.
  • Prior to that, Gough was Head of Prepaid Products, Asia Pacific, and Head of Issuer Processing Services, Australia and New Zealand, at Visa, where he spent nine years working with the digital payments giant.
  • Commenting on the appointment, Joanne Dewar, Chief Executive Officer of GPS, said: We are thrilled to welcome Damien to the GPS team.

Visa and Plaid Announce Mutual Termination of Merger Agreement

Tuesday, January 12, 2021 - 9:11pm

Visa Inc. (NYSE: V) and Plaid today announced that the companies have terminated their merger agreement and agreed with the Department of Justice to dismiss the litigation related to the proposed transaction.

Key Points: 
  • Visa Inc. (NYSE: V) and Plaid today announced that the companies have terminated their merger agreement and agreed with the Department of Justice to dismiss the litigation related to the proposed transaction.
  • Over the past year, our Visa Direct solution moved money around the world using multiple card, ACH and RTP networks, growing nearly 70 percent.
  • We have great respect for Plaid and the business they have built and look forward to our continued partnership.
  • Plaid is a data network that powers the fintech tools millions of people rely on to live healthier financial lives.