Payelp Global, an international payment and business development platform representing thousands of merchants and hundreds of payment gateways, announced a partnership with Onebip by Neomobile, a global mobile payment service. Onebip, which started in 1995 as the first mobile payment service worldwide, is connected to over 250 carriers with 5 billion users in over 70 countries. Onebip, part of global mobile commerce group Neomobile, has offices in Rome, London, Mexico City, Sao Paulo, Madrid, Berlin, Paris, Bogota, San Francisco and more. Onebip enables merchants to monetize digital goods and services to their users on a global scale using carrier-billing technology. As a leader in Europe and Latin America, Onebip has successfully supported the growth of many online gaming and entertainment businesses on mobile with an advanced technology platform.
Western Union global payment services is piloting a prepaid card that enables tenants of Moat Housing Association to receive their housing benefit and automatically pay the Registered Social Landlord (RSL). The trial is part of a scheme to evaluate the role of prepaid cards in supporting automatic rent payments, which would meet many of the challenges RSLs face when implementing Universal Credit. Western Union is currently providing tenants with MasterCard prepaid cards. The cards allow RSLs to automatically draw money from the tenant’s card, preventing rent arrears and giving both tenants and the housing association a record that the rent has been paid. The cards have no credit facilities, so the tenants cannot spend more than the value on the card, once the rent has been paid to the landlord, the cards can be used to pay for goods and services wherever MasterCard is accepted.
Viewpointe payments provider reached an agreement with WesPay (Western Payments Alliance), a membership association promoting the best use of electronic payments, whereby WesPay will acquire the assets of Viewpointe’s Regional Payments Association (RPA). Both organizations are working diligently to complete the conditions of closing by year end. When closing conditions are met and the deal is completed, WesPay will retain full ownership of the assets. The expanded association will continue to do business as WesPay. Viewpointe’s Regional Payments Association provides education on the latest payments topics and certification preparation for payments professionals; offers expert-led ACH audit and compliance services for financial institutions, payments processors and businesses using ACH; and provides industry-level member advocacy and input into the ACH Rules-making process as a voting member of NACHA”The Electronic Payments Association.
Western Union global payment services now has more than 80,000 ATMs and self-service terminals around Europe and CIS with Eastern Europe being the strongest contributor to this number. In Russia, Western Union has recently successfully launched Western Union money transfer sending service through Petersburg Social Commercial Bank (PSCB) payment terminals and Comepay self-service terminals network. According to these new agreements, the Western Union Money Transfer service is available at 1,400 PSCB payment terminals mostly in St. Petersburg region and more than 30,000 Comepay self-service terminals across Russia. Across Europe and CIS Western Union works with partners from the banking industry offering money transfer service at over 33,000 ATMs of Privatbank in Ukraine, Banca Transilvania and BRD in Romania, Garanti and Akbank in Turkey, Banca Intesa and Unicredit in Italy, Bank Zachodnyi in Poland, Bank of Georgia and at self-service terminals of Erste Bank in Austria.
TSYS has been recognized as one of America’s most community-minded companies in The Civic 50, an annual initiative that identifies and recognizes companies for their commitment to improve the quality of life in the communities where they do business. The survey was conducted by the National Conference on Citizenship (NCoC) and Points of Light, the nation’s definitive experts on civic engagement, and published by Bloomberg News. This year’s Civic 50 applicants were evaluated and accrued points based on several criteria, including financial and human resources applied to civic improvement, how broadly community engagement is supported and institutionalized within a company’s policies, systems and incentives, and how a company measures the social and business value of its community engagement programs.
Procurement cards (P-Cards), ACL has made available its P-Card Fraud procurement card solution. Designed to prevent fraud, improve policies, and promote cost management, ACL’s all-in-one package provides the tools, training, and consulting expertise to manage more than 20 fraud-related risks inherent in the use of P-Card programs. According to ACL’s 2013 GRC Technology Pulse Survey of 2,200 audit, risk management, and compliance professionals, risk related to internal fraud and abuse is an area of highest concern. Fraudulent use of P-Cards ranks among the most commonly occurring types of employee fraud.1 If any risk exists for this type of activity to become widespread within an organization, not only can the total monetary losses become considerable, but a culture that promotes fraudulent behavior can also become prevalent.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor was up 1.1 points in November to 89.0 along with consumer confidence in the economy and spending intentions. There was a significant increase in the number of respondents anticipating they will spend more during December, leading up to the holidays. The Monitor is a 6-year-old daily…
Lloyds Banking Group has this week introduced Talking ATMs across Lloyds Bank, Halifax and Bank of Scotland to make it easier for blind and partially sighted customers to withdraw cash and check balances. The Group has worked closely with the Royal National Institute of Blind People to ensure that the machines serve the needs of those who are visually impaired. Lloyds Banking Group will have a total of nearing 1,300 Talking ATMs working across the UK by the end of 2013. Those with other accessibility problems, such as literacy issues and dyslexia, will also benefit from the changes.
From EMV migration to email protection and Public Key Infrastructures, REALSEC’s solutions enable US financial institutions to dramatically reduce the time of deployment from months to weeks, increasing security level and ROI. The use of cryptographic technologies in the banking and financial sector is both a regulatory requirement, as well as a customer requirement. Customers’ increasing concerns about identity theft and the latest security breaches nationwide are boosting the deployment of additional security measures to help protect customer data and transactions. To address todays’ needs, REALSEC offers a number of unique solutions to protect financial-related operations EMV migration, ATM/POS remote key loading, digital signature, etc.
Over 1,000,000 e-banking customers of PostFinance had signed up for e-bill by the end of November 2013 while over 15,000 new e-banking customers are registering for e-billing each month. All customers need to receive e-bills is an e-banking account with a Swiss bank or PostFinance. They can sign up for e-billing and register with billers directly in e-banking in a matter of minutes. Bills can then be received, checked and paid electronically in just a few mouse clicks from within e-banking, at any time of the day or night. E-bills can be dealt with quickly and conveniently as there is no need to type in the payment information. If anything is unclear, customers can also reject an e-bill. Not only are e-bills secure, they are free for retail customers and are also more environmentally friendly than paper bills. E-bills are not just popular with e-banking customers, but also with companies and public authorities.
CU Wallet credit union-owned and directed mobile payments technology provider will promote the launch and ongoing strategic public relations and marketing efforts for its mobile wallet application. In partnership with William Mills Agency, the campaign for credit unions to meet the needs of an increasingly mobile membership base, attract a new generation of members and generate sustainable streams of revenue. At the time of the launch, 15 credit unions, ranging from $400 million to more than $5 billion in assets and representing more than 2 million members nationwide, have signed agreements with CU Wallet. Since the launch in late September, an additional 20 credit unions, ranging from $100 million to more than $6 billion in assets and representing more than 2.0 million members nationwide, have signed agreements.
UL announces that Discover has qualified both, the Collis Brand Test Tool and the Collis Smart Link Box, for acquirer end-to-end testing. In order to process EMV transactions on the Discover Network, acquirers are required to execute the Discover D-Payment Application Specification (D-PAS) Acquirer End-to-End test cases. The Collis Brand Test Tool is now qualified to be used for certifying against the latest 12.2 specifications. This qualification includes the D-PAS Issuer Response Simulation, which allows testers to run the complete Acquirer E2E testing with the Collis Brand Test Tool, without the need for an external host simulation. A key characteristic of the Collis Brand Test Tool is that it covers the test plans for all relevant payment scheme brands. The Collis Brand Test Tool has the ability to simulate any test card.