Payments

Plenti, the First Coalition Loyalty Program in the US

Earlier this year, AT&T, ExxonMobil, Macy's, Nationwide, Rite Aid, Direct Energy and Hulu joined hands with American Express to launch Plenti, the first U.S.-based coalition loyalty program featuring well-known brands. Consumers can earn and use Plenti points for purchasing a wide range of products, regardless of the payment method consumers...

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Authentication & Security

Pareto Pulse makes Great Use of Analytics to bring Amazing Alternative Lending Solutions

The financial services market is being disrupted and reshaped by new and incumbent alternative financial service providers. This is affecting the businesses of traditional financial institutions, who feel that they would not thrive well in this evolutionary market. Financial Institutions are in need of solutions that combine big data predictive analytics...

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BankTech

Announcing Another LTP9 Leaderboard: Companies Leading the Way in Technology Based Alternative Business Lending

After successfully releasing two individual leaderboard analyses on the Fraud and Authentication and the International Remittance sectors of the payment industry, Let’s Talk Payments announces its third LTP9 leaderboard analysis on another important and increasingly popular category in the payments domain – TECHNOLOGY BASED ALTERNATIVE BUSINESS LENDING. This leaderboard represents...

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Enabling Technologies

How M-Commerce is Killing E-Commerce

Global m-commerce revenue has nearly reached the $500 billion mark, with Asian countries accounting for almost half of that. There are over 200 million mobile consumers in China alone. Considering India’s mobile commerce market, the number of mobile shoppers, as part of the overall online shopping market, has grown from 20...

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Payments

Meet Bangkok’s Very Own E-Money Service #Rabbit

Rabbit is an e-money system active in Bangkok (Thailand) that can be used for mass transit networks, such as BTS, as well as at a number of retailers and other partners. Bangkok Smartcard System (BSS) Company Ltd., the company behind Rabbit, provides e-money services with a common ticketing and payments...

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Authentication & Security

Early Warning to Acquire Authentify

Early Warning, a leading player in fraud prevention and risk management, has announced that it has signed a definitive agreement to acquire Authentify Inc. Founded in 1999, Authentify is a leading player in phone-based, multi-factor authentication solutions. It currently serves more than 1,200 financial institutions and e-commerce companies. This acquisition...

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BankTech

Acorns that Invests your Pennies or Change, Raised $11 Million

Acorns, an innovative investment app, has raised $10.5 million in fresh funds, as reported by VentureBeat. Acorns has been a mobile only play so far. The company is reported to be working on a web app and international support. Before this investment, the company had raised $9 million since its inception....

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Payments

So Who Was the Most Popular Payment Card Processor Last Year?

American Express, Diners Club/Discover, JCB, MasterCard, UnionPay, and Visa branded cards generated 195.56 billion transactions at merchants in 2014, an increase of 24.28 billion or 14.2% over 2013, according to the annual report Global Cards 2014 by Nilson. Purchase volume for goods and services grew by $2.832 trillion or 18.3%...

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