Cards

Kiind, a business-to-business gifting startup, has launched a reloadable account and added new funding methods to its platform to meet the demands of its business clients for payment flexibility.

Prepaid card provider Contis Group is combining its loyalty and other closed-loop card products into a single business unit to make its gift card operation more agile.

The payment processing company Total System Services Inc. has hired a new global chief procurement officer.

MasterCard Inc. plans to help its cardholders address issues that arise from identity theft, while also extending its zero liability policy to include PIN-based and ATM transactions.

Kalixa has purchased PXP Solutions, a U.K.-based provider of in-store payment technology.

Robocoin is installing a Bitcoin ATM in Las Vegas at the D casino hotel, enabling visitors to deposit funds to a Bitcoin wallet in person.

Global Payments Inc. has promoted David Mangum to the role of president and chief operating officer and hired Cameron Bready to succeed Mangum as chief financial officer.

Card manufacturer CPI Card Group is bulking up to handle the anticipated demand for EMV-chip cards as issuers and merchants rush to meet the 2015 deadline set by the card networks.

Prepaid product and transaction services company InComm has launched a platform for mobile payments and commerce.

MasterCard has agreed to purchase Opus Software's electronic payment and card technology subsidiary ElectraCard Services.

Loyalty programs can be a challenge because in Brazil's anti-coupon culture. Pizza Hut is overcoming this hurdle with a combined loyalty and prepaid card.

Italian payments technology company TAS Group is approaching U.S. issuers with a product called e-Mission that takes aim at two growing payment trends in the country: EMV-chip cards and instant issuance.

Cal-Bay International is developing a specialized prepaid and loyalty card for licensed marijuana dispensaries.

Consumers loaded more than $1.9 billion on American Express Co.’s prepaid cards this year through April, almost triple the amount from a year earlier, said Dan Schulman, group president of enterprise growth.

Executives at processor Total System Services can't predict which of the many existing mobile payments technologies will dominate the payments landscape of the future, but they plan to aggressively go after the processing business that follows.

Discover's Pulse network and MasterCard have agreed to allow card-issuing banks using both networks to use MasterCard's technology to route EMV debit card transactions.

The U.S. EMV migration is high stakes, complicated and probably won't get done on time to meet the deadlines set by the card networks, according to Vantiv's Patty Walters.

Vantiv Inc., a provider of payment-processing services to retailers and financial institutions, is near a deal to acquire Mercury Payment Systems Inc. for about $1.65 billion, people with knowledge of the matter said.

FIS has launched a cloud-based, instant issuance system for EMV-chip cards.

World Cup visitors in Brazil who need a little cash might find themselves visiting one ATM - and then another, and then another.