Corporate Travel Policies Embrace Uber and Lyft — Driving Up Revenues 21%

A new report reveals ride-sharing services are now allowed by one-half of all corporate travel policies, a jump from 44% in June 2016. As policies expanded to include ride-sharing suppliers, such as Uber and Lyft, ridership among business travelers increased 21%. A majority of travelers anticipate using these types of services about the same amount…

All-In-One Wedding Registry Platform w/Credit Cards Introduced

Seattle-based Blueprint Registry announced its credit card processing fee is approximately 5% less than their competitors, at 2.5%. In addition, Blueprint Registry also announced the launch of two new features that allow users to aggregate existing registries into one account: one-time import and automatic import. The one-time import feature allows customers who have previously created one…

Payment Solutions for the Cannabis Industry Ready to Explode

Regulated cannabis sales in North America totaled $6.9 billion in 2016, a 30% increase from the previous year, and sales are projected to grow to $21.6 billion by the year 2021, which represents a 26% compound annual growth rate. Voters in four states – California, Massachusetts, Nevada and Maine, voted legalize recreational Cannabis this November.…

CardFlight SwipeSimple to be Co-Branded for Vantiv ISOs

Vantiv is now offering CardFlight’s SwipeSimple mobile POS solution to its merchants. SwipeSimple is a turnkey mobile payment acceptance platform that includes an EMV-enabled mobile chip card reader, a mobile application for iOS and Android, and a back office reporting portal for business owners to take payments and manage their business. The solution will be…

Green Dot Swallows the RushCard Prepaid Products for $150MM+

Prepaid card king Green Dot has inked a deal o acquire UniRush. The Company’s operating businesses include the RushCard, an online direct-to-consumer general purpose reloadable prepaid card provider, and Rapid! PayCard, a corporate payroll card provider. The acquisition, which maps to “Step Five” of Green Dot’s “Six Step Plan” to enhance shareholder value, materially expands…

Loyalty One CN-Driven Redemptions Kill Alliance Data Systems Q4 Profits

Dallas-based Alliance Data Systems (ADS) reported fourth quarter (4Q/16) year-on-year (YOY) profits sunk due to new legislation in Ontario prohibiting the time-based expiration of reward points associated with all loyalty programs. The cancellation of its 5-year expiration policy necessitated a change in ADS breakage estimate, according to CardData. ADS reported gross revenue rose 4.5% YOY…

Biometric Authentication is Unstoppable in Replacing Passwords

A new research report says biometrics will take over passwords the next ten years. The Mercator Advisory Group titled Biometrics: A Market Forecast for Consumer Adoption provides predictions out to 2025 for the penetration of the U.S. market by mobile devices that implement the hardware required to support biometrics, the market availability of persistent biometrics…