Discover Financial Services has a long history of trying to do things differently, starting out with the Cashback Bonus for card transactions and no annual fees. In doing so, it doesn’t try to emulate what’s occurring in the marketplace. Since taking prepaid responsibilities at Discover...
Secure payment-technology provider Bluefin announced today it became the first company in the U.S. to receive PCI validation for a point-to-point encryption (P2PE) solution. While the PCI Security Standards Council, which provided the validation, has been around for some time, no other company has achieved...
I had the chance to visit with Mike Passilla recently to get the scoop on the Chase Merchant Services (CMS) Group he leads at Chase and the value it delivers to consumers and merchants. I’ve written before that my view on CMS is that it...
LoopPay, founded in 2013, is a provider of a mobile wallet solution that currently works for most existing retail locations. LoopPay Chief Technologist George Wallner sat down with MPD CEO Karen Webster to explain why he believes Loop is not only a technology breakthrough but...
Cybersecurity and debit represent the two major common themes as it relates to recent regulatory attention globally, a top official at Visa noted in a recent analyst discussion. During the discussion with Morgan Stanley analysts, Byron Pollitt, Visa’s chief financial officer, said the company is...
Wayfair – March 7, 2014 – $157 Million Wayfair, an online home-goods retailer, has announced it has raised $157 million in new funding. Wayfair’s service allows users to shop for home goods, and benefit from online marketing. VentureBeat reported on March 7. Wayfair sets itself apart from...
