Russian President Vladimir Putin reportedly has signed amendments to a recently enacted law that make it easier for MasterCard and Visa to remain operating in that country. Specific details, remain sketchy, and there may be a $3 billion string attached to the deal.
On June 4, Vantiv will host a Web seminar to discuss key findings in a new white paper “Omni-Integration Imperatives: Reaching the Omniconsumer.” During the event, representatives from both companies will provide detailed insights into what financial institutions and merchants can do to adjust to...
Sometimes an acquisition makes the most sense, while other times a simple partnership will help fill a product or service gap. Whatever the strategy, anticipated growth in point-of-sale demands has the acquiring industry in collaboration mode as key players look to fill emerging market needs.
Prepaid programs are fast becoming high-growth products in international markets. But launching one effectively is no easy task. In a recent podcast interview with PYMNTS.com’s Jeff Green, Amit Sethi, TSYS exec and co-chair of the Prepaid International Forum India, discussed some strategic musts.
Consumers are using their smartphones for all things retail these days. Well, not all things. When it comes to collecting coupons, many are still relying on more traditional methods like newspapers instead of turning to their mobile devices. In a recent podcast interview with PYMNTS,...
TSYS announced that they have named a new group executive, chief procurement officer, responsible for procurement, vendor management and supplier management. Walter Taylor, a senior executive with more than 30 years of technology and operations experience in the payments and financial services industry will now...
Omnichannel is clearly the retail industry’s “it” buzzword. At its best, it delivers the great promise of consumers moving fluidly between devices and shopping channels, with retailers in lockstep at all times. But, we’re just getting started. Each month, PYMNTS will bring you the Omnicommerce...
An inaugural quarterly fraud-index report from online-payments provider 2Checkout identifies Discover and Diners Club credit cards as experiencing the most amounts of fraud and Acculynk payments as having the least fraudulent activity. Discover and Diners Club scored a fraud-index rate of minus-75, indicating that consumers...
MasterCard is extending its zero-liability policy in the U.S. to include all MasterCard PIN-based purchases and ATM transactions, the company announced May 28. The network has provided similar protections on signature debit and credit card transactions for quite a while. The major card networks have...
