TravelCenters of America operator of the TA and Petro Stopping Centers travel center brands, has added a new rewards level to its UltraONE Driver Rewards Program. The new ‘Ultimate Platinum’ level, the highest rewards level, rewards professional driver members with an UltraONE Ultimate Platinum Leather Jacket when they earn 20,000 UltraONE Points each year for three consecutive years. Professional drivers earn UltraONE Points by swiping their member card at all TA and Petro locations for purchases of diesel fuel, truck repairs and identified promotional items. Points can be redeemed in TA and Petro travel stores, truck service facilities and restaurants. UltraONE members will qualify for the Ultimate Platinum Leather Jacket by earning 20,000 or more UltraONE Points during either 2012, 2013, and 2014, or 2013, 2014, and 2015. Complete program rules are at www.ultraonerewards.com.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] With the total outstanding revolving US consumer credit down 2.4% in March to an adjusted $846B, it erased all positive momentum in April, springing to the highest outstanding total to $849.8B. Although rather stagnant against recent months, April revolving credit outstanding is way down from the year ago figure of $862.3B-…
Oberthur Technologies partnered HID Global, offering capability to support “Seos” digital keys on NFC-enabled smartphones. The partnership enables the Seos digital keys applet to be embedded in Oberthur Technologies NFC SIM cards, making it possible to use NFC smartphones for a wide range of applications that typically reside on smart cards. Oberthur Technologies´ dragonFly product family is a new generation of NFC SIM cards that combine speed and include best-in-class certifications (Common Criteria EAL4+, MasterCard, Visa, MIFARE DESFire™) and integrated anti-virus protection. The solution supports key applications driving NFC deployments such as transport, payment and access control. It also supports applications that facilitate a more convenient user experience, such as the use of a mobile phone for hotel check-in and hotel room access.
Boku online mobile payments announced a partnership with PlayJam the premier global platform for games on TV. The partnership brings carrier billing to smart televisions and other consumer electronics around the world, including devices from Samsung, Panasonic, LGE, Vizio, Western Digital, Google TV and VESTEL. This agreement allows more than 90 Million consumers to use their mobile phone number to purchase games, upgrades and other services on PlayJam’s global marketplace. PlayJam’s network represents over 45% of all games played on Smart TVs in over 100 territories worldwide and serves over 150 TV apps on a wide variety of CE manufacturer devices. Users can checkout simply by entering in their mobile phone number with the charges appearing on their carrier bill.
Fime America has become the first laboratory to achieve test bench qualification for EMVCo Contactless Card Level 1 in North America, authorizing the advanced testing provider to offer contactless card level 1 testing services for EMVCo members. EMVCo is the EMV standard body for credit and debit payment cards based on chip card technology. It has an established certification program to confirm products meet the requirements outlined in the EMV Specifications. This promotes increased levels of confidence that EMV products will perform as intended and ensure interoperability between payment devices. FIME America partners with a number of leading schemes and industry bodies to provide certifications and enhance the secure chip ecosystem. FIME’s Montreal laboratory now offers American Express, Isis, MasterCard Mobile certifications as well as card and terminal testing for Discover Zip, Interac Dual Interface, STAR Certiflash and MasterCard PayPass.
Fiserv financial services technology solutions announced Dr. Kathy Herziger-Snider joined the company as vice president of channel management, Card Services. Here Dr. Herziger-Snider will provide strategic business development leadership, with a specific focus on the credit union segment, for the Card Services division. Herziger-Snider comes to Fiserv with extensive payments and core services industry expertise. Most recently she was vice president of product development at CO-OP Financial Services where her responsibilities included establishing execution and delivery of the organization product plan into the overall corporate strategy. In addition, she was responsible for the technical integration of mature and emerging products into competitive market strategies. She served at CO-OP Financial Services for 12 years in a variety of executive positions.
Signature Card Services, is offering free EMV-enabled terminals to its merchants in the U.S. to make their transition to the EMV standard as economical and effortless as possible. The company has chosen Ingenico’s EMV terminals to be installed for interested merchants starting June 15, 2013. Ingenico is a global leading provider of payment solutions with more than 20 million terminals deployed in 125 countries and deep experience in EMV migration. Signature Card Services has chosen Ingenico’s Telium2 series payment devices for its EMV terminals. The company partners with Ingenico for its high-quality products and services, as well as the knowledge and expertise that Ingenico brings, having supported EMV transactions in Europe and Canada for over two decades.
WEX, a leading provider of corporate payment solutions, announced it has partnered with Alegeus Technologies, the market leader in healthcare and benefit payments, to introduce a virtual card solution for the post-adjudication claims market. An alternative to automated clearing house (ACH) payments, the new solution offers an additional electronic settlement method for payers and providers – using WEX Health electronic technology to settle claim payments more efficiently and eliminate costly check payments. Unlike ACH, virtual card payments do not require additional information or consent from providers to implement if they are a MasterCard accepting merchant. A provider can be set up to receive virtual card payments from participating payers automatically, giving payers the option of transitioning a large percentage of provider payments from paper checks to virtual card payments.
Fiserv partnered Financial Market Data Services (FMDS) to offer broker-dealers, asset managers, turnkey asset management providers and outsourcers a fully-outsourced, end-to-end securities class actions claims processing solution. The solution focuses on managed accounts, a high growth segment, and can easily be extended to support all class actions claims for a firm, bringing efficiencies to what can be an inefficient, fragmented and manual process. Fiserv has more than 4 million accounts on its wealth management platforms and over 1.3 million UMA sleeves. With the acquisitions of AdviceAmerica financial planning technology and CashEdge data aggregation capabilities, Fiserv has extended its leadership position with technology that can support all functions of a wealth management business with a truly integrated, end-to-end solution.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total nonfarm payroll employment was up 175,000 in May as the unemployment situation remained unchanged essentially unchanged at 7.6%. Having declined 0.4 percentage points since January, the unemployment rate is a reflection of the 11.8 million still unemployed, a 610,000 unit drop since January. Of this, the number of long-term unemployed…
MoneyGram, a leading global money transfer company, announced that it has reached an agreement with TML, one of the fastest growing remittance companies in Malaysia, to offer international money transfer services at TML locations throughout the country. TML will increase MoneyGram’s international money transfer footprint in Malaysia while providing customers more money transfer options. MoneyGram has recently experienced growth in the region, with money transfer locations that now cover the eastern and western sides of the country.
Diebold announced its board of directors has named Andy W. Mattes as the company’s new president and CEO. Also named a board director, Mattes will assume his leadership role with the company effective immediately. Mattes has a penitent for driving growth and improving profitability in large, global businesses. He has more than 25 years of experience in the information technology and telecommunications industries – primarily with Hewlett-Packard and Siemens AG. Mattes most recently was senior vice president, global strategic partnerships at Violin Memory, a manufacturer of flash memory computer storage systems. He will remain with Violin in an advisory role.