Visa

Driivz Integrates with Payter Payments Terminal to Enable Compliance with AFIR Regulations in Europe

Retrieved on: 
Wednesday, April 10, 2024

Recognizing the importance of meeting regulatory standards while enhancing the user experience, Driivz has integrated with Payter Apollo to support their payment terminals for Driivz customers.

Key Points: 
  • Recognizing the importance of meeting regulatory standards while enhancing the user experience, Driivz has integrated with Payter Apollo to support their payment terminals for Driivz customers.
  • Through facilitating AFIR compliance and enhancing the payment process, Driivz and Payter provide EV charge point operators with the tools to meet regulatory standards.
  • The Driivz software platform, integrated with Payter payments terminals, offers a comprehensive payment solution for EV drivers.
  • From accepting Mastercard, Visa, American Express and Discover credit and debit cards, to smartphone payments, Driivz and Payter ensure that EV drivers have various convenient payment options.

Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

Retrieved on: 
Friday, April 26, 2024

Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.

Key Points: 
  • Similar to Alipay (Chinese mainland), these newly enabled wallets are now accepted at over 90% of the local outlets in Hong Kong.
  • This represents the largest number of international payment apps introduced to the city’s offline commercial network through cross-border cooperation at a single time.
  • Since 2023, Hong Kong has seen a continued growth of inbound travelers following the launch of global campaigns by the Hong Kong Tourism Board (HKTB) to welcome visitors from all around the world.
  • As the city's tourism promotion organization, the Hong Kong Tourism Board attracts visitors to Hong Kong through various global promotions and marketing initiatives.

Cross River, Financially CLEAN and Visa Host Financial Literacy Event for NYC Students at the New York Stock Exchange

Retrieved on: 
Friday, April 26, 2024

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, teamed up with Financially CLEAN and Visa to host a financial literacy event at the New York Stock Exchange for New York City high school and college students in celebration of April’s National Financial Literacy Month.

Key Points: 
  • Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, teamed up with Financially CLEAN and Visa to host a financial literacy event at the New York Stock Exchange for New York City high school and college students in celebration of April’s National Financial Literacy Month.
  • The event educated students about the importance of financial literacy, providing them with the tools and knowledge they need to manage their money responsibly and empower them for a brighter financial future.
  • “We were built on a foundation of financial inclusion, giving and serving the underserved,” said Eden Hoffman, Head of Global Communications at Cross River.
  • "Financially CLEAN targets the youths before they can legally establish credit,” said Shaun Lynda, Founder of Financially CLEAN.

FGPG Hires Former Hogarth & Ogilvy Global CEO Jonathan Adler as Chief Marketing Officer

Retrieved on: 
Thursday, April 25, 2024

FGPG , a full-service, live, virtual, and hybrid brand experience agency and sister company to Show Ready , announced today the appointment of Jonathan Adler as Chief Marketing Officer (CMO).

Key Points: 
  • FGPG , a full-service, live, virtual, and hybrid brand experience agency and sister company to Show Ready , announced today the appointment of Jonathan Adler as Chief Marketing Officer (CMO).
  • “Collaborating hands-on with FGPG as a former client is one of many drivers for joining the team.
  • As Global CEO at Hogarth & Ogilvy (H&O), Adler oversaw a 1,200-person team across 48 offices, achieving over $200 million of revenue from clients such as Coca-Cola, Philips, and BP.
  • FGPG proudly delivers expertise across all disciplines,” said Frédérique Georges, Founder and CEO at FGPG.

Airwallex Expands Payment Acceptance to the U.S., Cementing Its Position as a Leading One-Stop Financial Platform for Borderless Businesses

Retrieved on: 
Wednesday, April 24, 2024

Airwallex , a leading global payments and financial platform for modern businesses, today announced the U.S. launch of its payment acceptance solution.

Key Points: 
  • Airwallex , a leading global payments and financial platform for modern businesses, today announced the U.S. launch of its payment acceptance solution.
  • Additionally, foreign merchants with U.S. entities can provide a localized payment experience to their U.S.-based customers, unlocking higher acceptance rates and lower operating costs.
  • Airwallex now supports merchants in 35 countries with payment acceptance services, enabling them to grow their business with access to a global customer base.
  • “We're investing here for the long-term, showing businesses of all sizes what a truly global financial infrastructure can deliver.

Ouro Teams Up with Texas One Fund with Multi-Year NIL X World Wallet Financial Empowerment Program for University of Texas Student-Athletes

Retrieved on: 
Wednesday, April 24, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240424102155/en/
    University of Texas student-athletes across all 21 men’s and women’s sports teams can participate and earn compensation through a new NIL initiative Ouro and Texas One Fund announced today.
  • “Like all young people, they need to build financial skills and judgment, and their unique circumstances make the need especially critical.
  • "We believe this partnership with Ouro will be transformative for our student-athletes," said Patrick “Wheels” Smith, President of Texas One Fund.
  • "This NIL program is at the core of Ouro's financial empowerment mission as we continue to reimagine financial services on a global scale," added Bertrand Sosa, Ouro Co-founder, President and Chief Brand Officer.

Bank of Hawai‘i Corporation First Quarter 2024 Financial Results

Retrieved on: 
Monday, April 22, 2024

Net income for the first quarter of 2024 was $36.4 million, up 19.7% from the previous quarter and down 22.3% from the same quarter of 2023.

Key Points: 
  • Net income for the first quarter of 2024 was $36.4 million, up 19.7% from the previous quarter and down 22.3% from the same quarter of 2023.
  • The return on average common equity for the first quarter of 2024 was 11.20% compared with 9.55% in the previous quarter and 15.79% in the same quarter of 2023.
  • The average yield on loans and leases was 4.63% in the first quarter of 2024, up 9 basis points from the prior quarter and up 60 basis points from the same quarter of 2023.
  • The average yield on total earning assets was 3.89% in the first quarter of 2024, up 4 basis points from the prior quarter and up 47 basis points from the same quarter of 2023.

Global Loyalty Programs Market Intelligence Report 2024: QSRs Planning to Drive Growth by Leveraging the Popularity of Lucrative Loyalty Schemes as the Market is Poised to Reach $217 Billion by 2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 17, 2024

Global loyalty market is expected to grow by 11.1% on an annual basis to reach US$150.97 billion in 2024.

Key Points: 
  • Global loyalty market is expected to grow by 11.1% on an annual basis to reach US$150.97 billion in 2024.
  • The global loyalty market will increase from US$135.90 billion in 2023 to reach US$217.37 billion by 2028.
  • To tap into the growing popularity, QSRs are expanding their loyalty schemes to drive business growth in the global market.
  • Domino's, another leading QSR in the global market, is also planning to launch a loyalty program in more global markets to drive business growth.

Visa Reimagines Payment Acceptance for the ‘Click-and-Mortar' Era

Retrieved on: 
Wednesday, April 17, 2024

“The payments sector has made significant strides in simplifying the consumer shopping experience. In doing so, the payments ecosystem has become more complex and fragmented for sellers -- but it doesn’t have to be this way,” said Rob Cameron, Global Head of Acceptance Solutions, Visa. “Visa Acceptance Solutions allows businesses worldwide to offer their customers best-in-class payment options without over-indexing on complexity for themselves.”

Key Points: 
  • Visa (NYSE: V), a global leader in digital payments, is offering sellers expansive, simplified services to keep pace with those demands.
  • In doing so, the payments ecosystem has become more complex and fragmented for sellers -- but it doesn’t have to be this way,” said Rob Cameron, Global Head of Acceptance Solutions, Visa.
  • Visa Acceptance Solutions offers a level of connectivity and flexibility that businesses can’t build on their own without heavy technology investment, underscoring the importance of integrating digital and physical retail.
  • As a part of Visa’s value-added services, cloud-ready solutions like the Visa Acceptance Platform and Visa’s Tap to Phone payment solution have helped clients scale their businesses and tailor their payment systems to meet consumer needs.

Mexico International Remittance Business Report 2024: Firms are Entering into Acquisition Deals to Tap the High-growth Remittance Market - Forecasts to 2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 16, 2024

International inbound remittance market in Mexico has increased at 8.7% during 2023 to reach US$ 71.26 billion in 2024.

Key Points: 
  • International inbound remittance market in Mexico has increased at 8.7% during 2023 to reach US$ 71.26 billion in 2024.
  • Remittance outflow market in Mexico has increased at 4.7% during 2023 to reach US$ 1.23 billion in 2024.
  • This report provides a comprehensive analysis of the international inbound and outbound remittance market in Mexico.
  • Overall, the publisher maintains a positive growth outlook for the remittance market in Mexico over the next three to four years.