Apple Pay

Loyalty Programs will be Most Affected with Move to Tokenization

The mobile payments space is witnessing some radical shifts. Some major ones include the advent of tokenization with its specifications being officially announced by EMVco. Another major development is Apple’s foray into the space with Apple Pay. So the question arises: how these developments will affect the current loyalty programs...

Read More · 2 minutes

Payments

Onyx Payments has Acquired 2 Companies in less than 2 Months

Onyx Payments is a leading processor of payment disbursement and reconciliation solutions. It is also a leading travel distributor and hotel payments processor. It operates as a global payments network and offers services like commission receipt, foreign currency exchange, invoicing, tracking, etc. The company had acquired Net Trans Services last...

Read More · 2 minutes

BankTech

U.S. Banks to Boost their Credit Card Lending Businesses

Banks in the U.S. are realizing that they are not generating enough revenues from traditional monetary products like stock and bond trading. Big banks like JPMorgan Chase and Citigroup are now focusing more on products like credit card loans. Banks wish to leverage the fact that consumers are conducting more...

Read More · 3 minutes