Credit cards

Treasury Prime Announces Customizable Card Controls to Increase Transactions While Reducing Fraud

Retrieved on: 
Tuesday, July 20, 2021
Payment systems, Credit cards, Payment cards

These enhanced card controls will give customers the ability to customize balance, merchant, and velocity limits based on their business model and proprietary user data in order to enable both more and larger transactions while reducing declined transactions and fraud.

Key Points: 
  • These enhanced card controls will give customers the ability to customize balance, merchant, and velocity limits based on their business model and proprietary user data in order to enable both more and larger transactions while reducing declined transactions and fraud.
  • "This release marks the first of many features that Treasury Prime is delivering as a result of our integration with Marqeta, the global modern card issuing platform," said Chris Dean, co-founder and CEO, Treasury Prime.
  • Treasury Prime's card controls also makes cross financial product card controls feasible.
  • For every level of card controls whether out-of-the box or customized, all data flows through the Treasury Prime platform.

Payoneer Announces the Appointment of Two Additional Board Members

Retrieved on: 
Tuesday, July 20, 2021
Banking, Professional services, Finance, Articles, Credit cards, Companies, Online payments, Payoneer, Business, KCG, Forward-looking statement, Galit, Board of directors

We are honored to welcome Heather and Rich as independent directors to our Board, said Scott Galit, Chief Executive Officer of Payoneer.

Key Points: 
  • We are honored to welcome Heather and Rich as independent directors to our Board, said Scott Galit, Chief Executive Officer of Payoneer.
  • We look forward to their expert guidance as we work together to grow Payoneer as a public company.
  • She also currently serves on the board of Ariel Investments and previously served on the board of KCG Holdings.
  • This press release may include, and oral statements made from time to time by representatives of Payoneer may be considered, forward-looking statements.

Credorax Launches Cutting-edge Chargeback Prevention Solution

Retrieved on: 
Tuesday, July 20, 2021
Finance, Banking, Professional services, Technology, Software, Money, Finance, Merchant services, Financial services, Payment systems, Credit cards, Online payments, Chargeback, Acquiring bank, Verifi, Credit, Card not present transaction

Leading smart payments provider and merchant acquiring bank, Credorax, has announced it is upping the ante in the world of fraud protection and chargeback mitigation by launching a cutting-edge solution to preventing chargebacks.

Key Points: 
  • Leading smart payments provider and merchant acquiring bank, Credorax, has announced it is upping the ante in the world of fraud protection and chargeback mitigation by launching a cutting-edge solution to preventing chargebacks.
  • Credoraxs Chargeback PREVENTION marks a landmark partnership with Ethoca (owned by Mastercard), the leading, global provider of collaboration-based technology, and Verifi (a Visa solution), the leading provider of transaction risk management services for card-not-present merchants.
  • Chargeback PREVENTION is part of the Credorax Risk Management suite and protects merchants from fraud and chargebacks through every stage of the transaction lifecycle.
  • Credorax also provides dedicated training to help merchants become familiar with Credoraxs fraud and chargeback prevention tools and optimise them based on a merchants particular specifications.

Thales Biometric Payment Card: a Secure Innovation in Your Pocket

Retrieved on: 
Tuesday, July 20, 2021
Data management, Banking, Consumer electronics, Technology, Professional services, Security, Other Technology, Telecommunications, Software, Other Professional Services, Mobile, Wireless, Money, Payment systems, Finance, Credit cards, Mobile payments, Payment cards, EMV, Contactless payment, Contactless, MasterCard, Visa Inc., Contactless smart card

At the heart of this move, Thales has helped banks to constantly reinvent the card itself and offer the best payment experience.

Key Points: 
  • At the heart of this move, Thales has helped banks to constantly reinvent the card itself and offer the best payment experience.
  • The Thales EMV contactless biometric payment card is the only solution in the industry fully certified by major EMV payment schemes like MasterCard and Visa.
  • After a trial of the Thales biometric payment card and its positive outcome, we have now opened the offer to all our customers with confidence.
  • The biometric payment card allows contactless payment for any amount while safeguarding the privacy of this very personal data.

Wolf Haldenstein Adler Freeman & Herz LLP: Hudson Envelope and Jam Paper & Envelope Data Breach Investigation Alert

Retrieved on: 
Monday, July 19, 2021
Payment systems, Financial services, Banking, Money, Debit card, Credit cards, Merchant services

Hudson/JAM has reported that people who made purchases on their website during that time may have had their credit or debit card information stolen.

Key Points: 
  • Hudson/JAM has reported that people who made purchases on their website during that time may have had their credit or debit card information stolen.
  • If you made a purchase from Hudson Envelope and/or JAM Paper & Envelope and have incurred fraudulent charges, it is possible that your name and credit card or banking information were compromised and are being offered for sale on the dark web.
  • Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of consumer rights litigation in state and federal trial and appellate courts across the country.
  • The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego.

Bank of America Launches New Unlimited Cash Rewards Credit Card

Retrieved on: 
Monday, July 19, 2021
Finance, Banking, Other Retail, Retail, Professional services, Payment systems, Marketing, Money, Finance, Loyalty program, Cashback, Online banks, Credit cards, Discover Financial, Cashback reward program

Bank of America today announced the launch of the Bank of America Unlimited Cash Rewards credit card, which allows clients to earn unlimited 1.5% cash back on all purchases.

Key Points: 
  • Bank of America today announced the launch of the Bank of America Unlimited Cash Rewards credit card, which allows clients to earn unlimited 1.5% cash back on all purchases.
  • Earn Even More with Preferred Rewards Members of Bank of Americas Preferred Rewards program earn 25% to 75% more cash back on every purchase made with the Unlimited Cash Rewards card, depending on their rewards tier.
  • Award-Winning Credit Card Options The new card joins the suite of award-winning credit cards from Bank of America including the Bank of America Customized Cash Rewards credit card, which offers clients 3% cash back in a category of their choice.
  • The Business Advantage Unlimited Cash Rewards credit card will enable clients to earn unlimited 1.5% cash back on all purchases.

GreenBox Announces Acquisition of Transact Europe, a Principal Visa and Mastercard Member

Retrieved on: 
Monday, July 19, 2021
Payment cards, Credit cards, Money, Finance, UnionPay, TransACT, MasterCard, Visa Inc.

TEU is a Principal Level Member of Visa, a Worldwide Member of MasterCard, and a Principal Member of China UnionPay.

Key Points: 
  • TEU is a Principal Level Member of Visa, a Worldwide Member of MasterCard, and a Principal Member of China UnionPay.
  • This is the most significant acquisition to date for GreenBox and propels the Company into the European marketplace, said Ben Errez, Chairman of GreenBox POS.
  • Transact Europe represents the perfect acquisition for us to expand our global footprint and continue to deliver sustainable growth for our shareholders.
  • Vassil Klaklov, CEO of Transact Europe EAD, commented, GreenBox is a natural complement to Transact Europe.

Payoneer Global Inc. to Host Second Quarter 2021 Earnings Call on August 11, 2021

Retrieved on: 
Monday, July 19, 2021
Professional services, Security, Technology, Other Technology, Software, Finance, Banking, Finance, Credit cards, Money, Online payments, Payoneer, Service companies, NASDAQ

Payoneer Global Inc. (Payoneer or the Company) (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, will announce its second quarter 2021 financial results on Wednesday, August 11, 2021, after market close.

Key Points: 
  • Payoneer Global Inc. (Payoneer or the Company) (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, will announce its second quarter 2021 financial results on Wednesday, August 11, 2021, after market close.
  • The company will host a live audio webcast to discuss financial results at 5:30 p.m.
  • From borderless payments to boundless growth, Payoneer promises any business, in any market, the technology, connections and confidence to participate and flourish in the new global economy.
  • Since 2005, Payoneer has been imagining and engineering a truly global ecosystem so the entire world can realize its potential.

EQS-News: Netcetera: New Mastercard 3DS testing platform for issuers is now LIVE!

Retrieved on: 
Friday, July 16, 2021
Money, Credit cards, Payment cards, Finance, EMV, MasterCard, Payment systems, Nintendo 3DS, Mobile payments, Contactless payment, Netcetera, Mastercard (NYSE: MA),, NETCETERA, MASTERCARD (NYSE: MA),

New Mastercard 3DS testing platform for issuers is now LIVE!

Key Points: 
  • New Mastercard 3DS testing platform for issuers is now LIVE!
  • The new testing platform that the payment expert Netcetera built with Mastercard, will help issuers test end-to-end app-based authentication flow.
  • This will enable issuers to leverage the benefits of EMV(R) 3DS, and to improve the app payment flow.
  • The reliability and safety associated with the existing merchant testing platform launched in August 2020 have led to the continuation of an existing partnership with Mastercard for the development of this new 3DS testing platform for issuers.

Leading Commerce Technology Company FortisPay Adds Industry Vets to C-Suite

Retrieved on: 
Thursday, July 15, 2021
Payment systems, Finance, Money, Digital currencies, Web applications, Credit cards, Cayan, Mission District, San Francisco, Paysafe, MasterCard, NACHA, NACHA

Preceding FortisPay, Cohen lead numerous, highly-successful commerce businesses from the executive suite including, Paya, iPayment (now PaySafe) and Cayan (now part of Global Payments).

Key Points: 
  • Preceding FortisPay, Cohen lead numerous, highly-successful commerce businesses from the executive suite including, Paya, iPayment (now PaySafe) and Cayan (now part of Global Payments).
  • Additionally, he is the former president of the Electronic Transactions Association and member of Mastercard, Discover and NACHA advisory boards.
  • "These C-level, industry veterans bring visions of commerce enablement and track records that indicate this progress will continue, if not accelerate, at FortisPay."
  • FortisPay provides payment technology and merchant solutions to businesses and software developers nationwide, processing billions of dollars annually.