Friday , April 19, 2024

Paying a Price in Mobile Security and other Digital Transactions News briefs from 2/23/18

  • In the wake of the Florida school shooting, First National Bank of Omaha has said it will not renew an agreement it has with the National Rifle Association to issue a cobranded Visa card.
  • American Express Co. said its cardholders can now use their Membership Rewards points to order items on the Grubhub and Seamless mobile-food ordering services, which also now offer AmEx Express Checkout.
  • NetSpend, the prepaid card services subsidiary of processor Total System Services Inc. (TSYS), announced an agreement with Major League Baseball under which fans can obtain general-purpose reloadable prepaid Mastercard cards featuring any of the 30 MLB team logos.
  • The National ATM Council Inc., an organization for independent ATM operators and deployers, submitted a public petition to Visa Inc. seeking the elimination of current network rules prohibiting dynamic currency conversion for international Visa cardholders using ATMs in the United States. Mastercard, the council said, allows dynamic currency conversion at ATMs for these cardholders.
  • Software vendor Switch Inc. launched CardSavr, an application programming interface that can be embedded by issuers to allow e-commerce merchants to process updated card data when cards are re-issued owing to fraud or other causes. No integration work is required at merchants, Switch says.
  • Uphold, operator of a digital platform that enables access to both cryptocurrency and fiat money, has acquired Cortex MCP, a vendor of digital-wallet and authentication technology. Terms were not announced.
  • Payments provider CCBill LLC said it joined the technology partner program for e-commerce platform provider Magento Commerce.
  • Google has started taking payments for Google Play apps in Kenya on one of the world’s oldest mobile-payments systems, Safaricom’s M-Pesa.

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