Visa has opened the submission process for the next edition of The Everywhere Initiative. The next phase is open to startups in Australia and New Zealand that will respond to one of three challenges that use Visa APIs to improve commerce experiences. Visa will accept responses through August 26th.
Switch announced the CardSavr API which allows credit card details to flow directly from the card issuer to thousands of ecommerce sites. Once integrated, updated card information can be sent to the selected sites without users needing to reload the information, or card issuers to reissue cards.
AppBrilliance has launched its Payments/Money Movement SDK for both iOS and Android. AppBrilliance differentiates its mobile payments platform by running on the edge of networks. In other words, the platform runs directly on a trusted app on an edge device. The distributed model bypasses middlemen.