The ai Corporation helps retailers to combat fraudulent use of fuel cards
Fraud and risk management experts, The ai Corporation (ai), are helping global retailers to combat fraudulent use of fuel cards, and protect users, using artificial intelligence (A.I.) and machine-learning (ML), in a move that will revolutionise the global retail industry’s use of fuel cards.
The ai Corporation has developed a suite of self-service machine-learning products to enable fuel card issuers to reduce the impact of a number fraudulent activities – including card copying, card swapping and skimming; at the same time as identifying and stopping fraud before it takes place.
Bleep Launch New ISO Merchant Services And Card Payments Division
Bleep UK PLC has announced the launch of their new Independent Sales Organisation (ISO) and Merchant Services Provider (MSP), Bleep Payments.
Bleep has launched their new payments division as a result of client feedback, client demands, an ambitious growth strategy and also the changing industry that they operate in.
Bleep Payments will offer simple and straightforward merchant services with fast, secure and reliable card payment terminals, which can either be integrated with Bleep EPOS, with other EPOS providers, or as standalone card processing devices. Primarily, Bleep Payments will be catering for the core Bleep UK PLC target markets of retail and hospitality, but their main point of difference will also come in the form of short term and flexible contracts for events, sports and entertainment establishments.
Mastercard Adds Contactless Payments to Garmin vivoactive
Mastercard announced that it is adding payment capabilities to the newly launched Garmin vívoactive 3 to provide active customers a watch that frees them from having to carry their phone or wallet around.
Mastercard will be enabling fitness enthusiasts to make contactless payments and pay by simply tapping their device at a contactless terminal at nearly 6.6 million merchant locations globally.
Garmin users will enter payment information in the Garmin Connect Mobile app (available in Apple and Android app stores) by scanning a card or manually entering their information.
Once the cardholders details are validated and app has synced with the smartwatch, the card is available for use.
The user can quickly launch their wallet from the controls menu and tap at a contactless terminal whenever they wish to make a payment.
American Express Introduces Pay It Plan It
American Express began rolling out a new mobile feature called Pay It Plan It across all eligible U.S. Consumer Credit and Co-Brand Cards that gives Card Members two new ways to pay for the things they buy.
With Pay It, Card Members can use their American Express App to select smaller purchases and pay that purchase amount right away with a tap. With Plan It, Card Members can select purchases over $100 and choose to make monthly payments ranging from three to 24 months with a fixed fee and no interest. Card Members can also continue to pay their bill at the end of the month, either the minimum due, the full amount or anything in between, just as they normally do. No matter which way a Card Member chooses to pay, they can earn rewards and build credit.
“We are thrilled to provide American Express Card Members new, flexible ways to pay for their purchases,” said Kartik Mani, head of Global Consumer Lending at American Express. “Pay It was inspired by Card Members who prefer making multiple payments throughout the month. Now we’ve made it even easier to do this in our app. For larger purchases, we developed Plan It to give Card Members another way to pay over time with a “no surprises” plan that offers transparent, monthly payments for a fixed fee.”
