WeChat Pay, the mobile payment arm of China’s WeChat, is running promotions to celebrate the Chinese Lunar New Year, also referred to as the Spring Festival. Mobile Payments Today reported that WeChat Pay will provide Chinese tourists with the chance to receive a red packet,...
Discover has announced that transactions made with Apple’s new Apple Pay Cash card will leverage the Discover Network. The card is part of the new Apple Pay functionality, which allows U.S. customers to quickly, easily and securely send and receive money among friends and family....
Discover announced in a press release that it is has partnered with Jewel-Osco in a campaign to fight hunger in Illinois. The two-month campaign, which will run from July 26 through September 26, 2017, gives Discover card members the chance to participate in the fight...
Global payments provider TSYS is making headlines today with news of its renewed agreement with German-based Degussa Bank. Terms of the long-term multi-year agreement were not released at this time, and both parties have been working together since 2010, but the two entities have put...
TSYS announced in a press release it has extended its payments agreement with Tesco Bank and will continue supporting the bank’s credit card business in the U.K. Tesco Bank is the bank for people who shop at Tesco, providing 8.1 million accounts and policies to...
TSYS announced in a press release that it has signed a long-term agreement with Valley National Bank to continue providing issuer processing services for the bank’s consumer credit and debit card portfolios. “TSYS has been a trusted provider for Valley for two decades,” said Thomas...
When it comes to buying subscriptions, there is something of a generation gap emerging — at least when it comes to products, according to the latest data out from Vantiv. Services and digital goods — video streaming, newspapers, music — have broadly intergenerational appeal. Millennials lead...
Verifone’s latest quarterly earnings report is out, and after beating The Street’s expectation for both the top and bottom line, investors are happy. Verifone’s stock price shot up about 3 percent in afterhours trading on news of the release — and will likely open at...
Payment processing technology and services provider Vantiv has announced a new partnership with Florida’s Tyndall Federal Credit Union for a full suite of payment processing. Tyndall is one of the largest credit unions in Florida, with more than $1.3 billion assets. “We were looking for a...
