Payment card

SAIC Announces Third Quarter of Fiscal Year 2024 Results

Retrieved on: 
Monday, December 4, 2023

Diluted earnings per share for the quarter was $1.76 compared to $1.45 in the prior year quarter.

Key Points: 
  • Diluted earnings per share for the quarter was $1.76 compared to $1.45 in the prior year quarter.
  • Adjusted diluted earnings per share(1) for the quarter was $2.27 compared to $1.90 in the prior year quarter.
  • The weighted-average diluted shares outstanding during the quarter decreased to 53.3 million from 55.5 million during the prior year quarter.
  • SAIC Announces New Data and AI Features To Improve Government Mission Outcomes: SAIC launched new offerings for Tenjin and additional features for Koverse.

BJ’s One® Mastercard® Cardholders Can Earn Double Rewards During Special Event

Retrieved on: 
Thursday, November 30, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231130525096/en/
    BJ’s One® Mastercard® Cardholders Can Earn Double Rewards During Special Event.
  • (Graphic: Business Wire)
    BJ’s One Mastercard cardholders will earn double rewards on practically everything in-club, online at BJs.com or in the BJ’s app.
  • That means BJ’s One+ Mastercard cardholders will earn 10% back* in rewards1 and BJ’s One Mastercard cardholders will earn 6% back* in rewards1 during the promotion period.
  • Non-cardholders will also have the chance to earn double rewards when they apply and get approved for a BJ’s One Mastercard in advance of the savings event.

Helix Enhances Cardholder Experience and Increases Fraud Protection With New Cooperative Authorization Solution

Retrieved on: 
Tuesday, November 28, 2023

Helix by Q2 (NYSE: QTWO), an award-winning, cloud-native core purpose-built for embedded finance, today announced the launch of its new cooperative authorization solution for Helix by Q2 customers.

Key Points: 
  • Helix by Q2 (NYSE: QTWO), an award-winning, cloud-native core purpose-built for embedded finance, today announced the launch of its new cooperative authorization solution for Helix by Q2 customers.
  • The in-authorization solution, also known as “In Auth,” enables Helix customers to personalize their cardholder experience and improve program profitability through better detection and prevention of debit card fraud.
  • The In Auth solution allows Helix customers to participate in the card transaction-decisioning process and apply their unique knowledge and context about their users to either prevent unauthorized card transactions or to personalize the cardholder experience on a per-transaction basis.
  • That way, cardholders and any Helix debit card transaction processing functions aren’t impacted if there’s a delay in returning a response.

Private Label Credit Cards in the U.S.: PLCC Receivables Have Declined While Purchase Volume Has Grown Significantly - ResearchAndMarkets.com

Retrieved on: 
Monday, November 27, 2023

After experiencing declining transaction volumes in 2018-2020, the private label credit card market rebounded in 2021 and 2022.

Key Points: 
  • After experiencing declining transaction volumes in 2018-2020, the private label credit card market rebounded in 2021 and 2022.
  • While Buy-Now, Pay-Later (BNPL) loans have impacted credit card purchase volume, the private label card industry continues to thrive due to customer loyalty and additional revenue associated with store credit cards.
  • Private label card issuers and merchants have introduced new products, such as medical credit cards, and integrated private label BNPL and credit cards into their product offerings.
  • Medical credit cards, a niche segment, are offered by three private label credit card issuers: Synchrony, Bread Financial, and Wells Fargo.

Paysafe Offers Network Tokenisation Service for Merchants with Visa

Retrieved on: 
Monday, November 20, 2023

The new valued added Network Tokenisation Service adds an additional layer of protection for cardholders without impeding the user journey, resulting in a seamless payments experience and higher authorisation rates.

Key Points: 
  • The new valued added Network Tokenisation Service adds an additional layer of protection for cardholders without impeding the user journey, resulting in a seamless payments experience and higher authorisation rates.
  • Visa Network Tokens update expired card numbers in real time, eliminating unnecessary declines and ensuring recurring payment subscriptions remain uninterrupted.
  • The integration allows merchants to access the Visa Network Tokenisation Service through Paysafe’s Single Payments API, providing enhanced security when conducting customer-initiated payments, merchant-initiated payments, refunds, original credit transfers and standalone credit transfers within Europe.
  • We are proud to work with Visa to provide this value-added network tokenisation service to our merchants, integrating an extra layer of protection for their customers and significantly enhancing their payment journey.”
    Mehret Habteab, SVP Product & Solutions Europe at Visa added: “Visa Network Tokens help deliver a compelling digital payments experience that can help reduce fraud and increase authorisation rates by 5%.

Visa Accelerates Support for Small and Micro Businesses Across APEC and Globally

Retrieved on: 
Wednesday, November 15, 2023

Visa (NYSE: V) and Visa Foundation today made several announcements related to their ongoing commitment to support small and micro businesses (SMBs) across APEC and the world.

Key Points: 
  • Visa (NYSE: V) and Visa Foundation today made several announcements related to their ongoing commitment to support small and micro businesses (SMBs) across APEC and the world.
  • First, Visa Foundation is pledging $100 million to support underserved and women-led SMBs in APEC economies over five years.
  • Visa’s 50 million SMB digital enablement milestone is just one piece of its and Visa Foundation’s ongoing commitment to help small and micro businesses thrive.
  • Visa also provides financial education and business skills training, including Practical Business Skills globally and Enko in Latin America.

Aqara Broadens Its Home Security Camera Offerings With Camera E1

Retrieved on: 
Wednesday, November 15, 2023

Aqara, a leading provider of smart home products, is delighted to announce the widespread availability of its latest Camera E1.

Key Points: 
  • Aqara, a leading provider of smart home products, is delighted to announce the widespread availability of its latest Camera E1.
  • Using the Aqara Home app, users can direct the E1 camera to automatically pivot to a preset angle - for example the front door - when a corresponding sensor is triggered, enhancing security vigilance.
  • The Camera E1 utilizes the latest Wi-Fi 6 (802.11ax) technology, guaranteeing high-speed data transfer and stellar performance even in a congested network environment.
  • Similar to other Aqara camera models, the E1 camera supports Apple’s end-to-end encrypted HomeKit Secure Video.

SmartMetric Technology Bringing a Fully Functional Fingerprint Scanner Inside Your Credit Card, Taking Credit Card Security to the Next Level

Retrieved on: 
Wednesday, November 15, 2023

“The SmartMetric biometric credit card has taken years to develop and its Gen4 product designed for credit card issuing banks, is now in production said SmartMetric.”

Key Points: 
  • “The SmartMetric biometric credit card has taken years to develop and its Gen4 product designed for credit card issuing banks, is now in production said SmartMetric.”
    The SmartMetric biometric fingerprint activated credit card brings the power of biometric security to the regular credit and debit card.
  • “Research has shown that up to 70% of existing credit card users are attracted to using a biometric credit card.
  • The SmartMetric GEN4 Biometric Fingerprint Card has been developed to meet the specific demand of the credit card industry and credit card users for enhanced credit card security.
  • SmartMetric plans to sell its advanced biometric credit card to card issuing Banks for $50.00 a card.

Feedzai and CoreCard Partner to Protect Processing Market Against Rising Fraud Levels using Advanced AI

Retrieved on: 
Tuesday, November 14, 2023

The partnership will enhance CoreCard’s fraud detection and prevention capabilities to expand on its existing advanced spending control capabilities.

Key Points: 
  • The partnership will enhance CoreCard’s fraud detection and prevention capabilities to expand on its existing advanced spending control capabilities.
  • In today's rapidly evolving financial landscape, the ever-increasing threat of fraud poses a significant challenge for issuing program managers.
  • CoreCard’s partnership with Feedzai will address this challenge by offering more advanced fraud detection and prevention capabilities, using intelligent AI to monitor for and flag suspicious transactions in nano-seconds with high degrees of accuracy.
  • That’s why our partnership with CoreCard to provide its clients with the most advanced fraud detection solutions available is so important.

PCI Pal Teams up with Zoom to Create Exceptional Secure Payment Experiences

Retrieved on: 
Monday, November 13, 2023

PCI Pal (LON: PCIP), the global SaaS provider of secure payment solutions for business communications, today announced it has joined forces with Zoom Video Communications, Inc. to deliver an improved customer experience through the integration of PCI Pal Agent Assist and Digital Payments solutions into Zoom Contact Center and Zoom Phone.

Key Points: 
  • PCI Pal (LON: PCIP), the global SaaS provider of secure payment solutions for business communications, today announced it has joined forces with Zoom Video Communications, Inc. to deliver an improved customer experience through the integration of PCI Pal Agent Assist and Digital Payments solutions into Zoom Contact Center and Zoom Phone.
  • PCI Pal’s award-winning PCI Compliance solutions will soon be available to businesses utilizing Zoom and can be purchased on a Zoom agreement.
  • "We are delighted to partner with PCI Pal to elevate our payment and compliance proposition for our customers,” said Vi Chau, Head of Product – Zoom Phone and Zoom Contact Center.
  • Benefits of the Zoom and PCI Pal collaboration include:
    Improved metrics such as first contact resolution, payment completion rates, and reduction in Average Handle Time (AHT)