FIS and MasterCard Speed U.S. EMV Adoption

FIS banking and payments technology, its NYCE® Payments Network and MasterCard announced a licensing agreement that will make MasterCard’s EMV debit solution available to all NYCE participants. EMV chip card adoption is a common goal of the U.S. payments industry, designed to increase card transaction security and decrease card-based fraud. This agreement provides all NYCE Network participants with an EMV license with respect to MasterCard products and continues the advancement toward a secure payment environment. This agreement permits FIS to offer a MasterCard-NYCE solution to all NYCE participants, bringing full EMV deployment across the U.S. another step closer.

NYCE Agrees With MC EMV Debit

FIS the world’s largest provider of banking and payments technology, its NYCE® Payments Network and MasterCard today announced a licensing agreement that will make MasterCard’s EMV debit solution available to all NYCE participants. EMV chip card adoption is a common goal of the U.S. payments industry, designed to increase card transaction security and decrease card-based fraud. This agreement provides all NYCE Network participants with an EMV license with respect to MasterCard products and continues the advancement toward a secure payment environment.

Montise Makes Board Appointments

Monitise made a series of updates to its executive leadership team and Board of Directors.Former Visa Inc. payments executive Elizabeth Buse has been appointed co-Chief Executive of Monitise Group, effective immediately. Elizabeth also joins the Company’s Board of Directors.Elizabeth, an American national who was a member of the Monitise Board from July 2010 to October 2012, will head Monitise’s day-to-day operations, overseeing technology, product, sales and marketing while Alastair focuses on key relationships with partners and industry stakeholders, corporate development and major shareholders. Strategy will continue to be set by the executive leadership team in conjunction with the Board. Monitise’s growing ecosystem of partners and clients includes more than 350 banks, payment services companies such as Visa Inc., Visa Europe and MasterCard as well as Vocalink, FIS and IBM. In the mobile space, Monitise’s customers include Telefónica, Samsung, PCCW Mobile, Turkcell and BlackBerry. In the retail ecosystem they include brands such as Blackhawk Network Holdings with its network of more than 500 content providers operating in the US and 18 other countries, eBay, Turkey’s Bilyoner and Biletix, Venda, B&Q, Carphone Warehouse and Premier Inn. Elizabeth’s appointment comes after she stepped down from her role running international operations at Visa Inc. in March 2014 as Executive Vice President of Solutions. She joined Visa Inc. in 1998 and during her time there held roles including Group President of Asia Pacific, Central Europe, Middle East and Africa, Global Head of Product, Executive Vice President of Product Development and Management and Executive Vice President of Emerging Markets & Technologies.

USA Technologies Celebrates Cashless Adoption in Self-Serve Retail with a Milestone 250,000 Connections to its ePort Connect Service

USA Technologies announced that connections to its end-to-end ePort Connect® service crossed 250,000 during its fourth fiscal quarter ended June 30, 2014. USAT’s ePort Connect service is a PCI-compliant suite of cashless payment and telemetry services specially tailored to fit the needs of self-serve retail industries. Designed to be a “one-stop shop,” services offered through ePort Connect include wireless and merchant account setup, simplified processing rates, settlement and reconciliation, 24 x 7 customer service and a host of value-added services including mobile payment, loyalty programs and integrated payment services for micro-markets and other POS devices.

Citizens Introduces Mobile Check Deposit and Balance-Viewing Features

Citizens Financial launched more user friendly mobile access. Use of mobile video camera technology improves on mobile check deposit functionality, with higher-quality images that make it easy for Citizens Bank and Charter One customers to deposit checks with their iPhone®, iPad® and Android™ devices. Customers can also now view account balances on mobile devices without logging in. The Citizens “Bank Better” enhancements that expand mobile banking functionality for Citizens Bank and Charter One customers – mobile check deposits and fast account balances. Both enhancements use industry-leading technology designed to deliver increased customer convenience. CFG’s mobile check deposits capture check images using a mobile device’s video camera. The check image is captured using the mobile device’s video camera and leverages built-in components to provide real-time feedback to the customer. The Citizens Bank and Charter One Mobile Banking App proactively instructs the customer to make needed corrections like holding the device steady, turning on the flash or getting closer to or pulling back from the check. Once all conditions are met, the video camera automatically takes the picture.

First Data and Union Bank Ink Debit Processing Partnership

First Data and Union Bank commercial bank providing a broad mix of financial services announced the companies finalized a multi-year agreement for debit processing, ATM driving, and card fulfillment output services. First Data will provide the efficiency, scale and functionality required for the $107.2 billion bank and its nearly one million cardholders while the bank continues to manage its own portfolio.

Scanbuy Announces Latest mSolution Client

Scanbuy mobile engagement solutions provider announced the company has engaged Connecticut-based OmniView Capital Advisors for its business and financial services. Scanbuy operates the cloud-based mobile engagement platform ScanLife, as well as the most popular mobile engagement app in the world, with millions of users discovering new information from their real-world environment. The mobile app is available for free on all major platforms, including Android and iOS. Scanbuy mobile engagement solutions power intelligent connections between the physical and digital world. The ScanLife suite of products consists of a cloud-based platform used by a wide variety of industries including retail, CPG, and media to create, manage and monitor dynamic mobile engagement campaigns.

Sam’s Club Implements Chip Card Payment Acceptance

The Sam’s Club 5-3-1 cash back program on its new co-branded MasterCard, issued by GE Capital Retail Bank, is available to qualifying Sam’s Savings, Sam’s Business and Sam’s Plus members in the U.S. and Puerto Rico. The new Sam’s Club MasterCard comes with enhanced credit card safety, a top concern for today’s shoppers. Sam’s Club is the first mass retailer to actively implement chip-enabled technology. Each credit card has an embedded chip that makes the card more difficult to duplicate, which provides enhanced security from fraudulent activity. Sam’s Plus members have access to earn up to $500 annually through Cash Rewards on top of earning up to $5,000 annually when they use the co-branded Sam’s Club MasterCard.

ChannelAdvisor CEO to Host Amazon & Me Workshop

ChannelAdvisor cloud-based e-commerce solutions announced CEO Scot Wingo will host the Amazon & Me Workshop at the 2014 Internet Retailer Conference & Exhibition (IRCE). The daylong workshop will cover best practices for selling on Amazon and strategies that online retailers can use to improve their performance on the marketplace. The Amazon & Me Workshop will consist of eight sessions presented mainly by analysts and retailers. In addition to hosting the entire workshop, Wingo will present the welcome and introduction at and participate in the Q&A session at 3:30 p.m. CDT. Furthermore, Gina DeFrank, ChannelAdvisor product manager for marketplaces, will present “Writing for Amazon: Make It Clear and Concise” at the workshop at 10:15 a.m. CDT. DeFrank will provide strategies for writing titles and product descriptions to compete on Amazon and meet the marketplace’s standards.

Visa Establishes Prepaid Card Standards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa announced a new designation for consumer reloadable prepaid products in the US, aimed at simplifying fees, improving consumer protections and creating opportunities for cardholders to improve their financial health. The designation was developed in conjunction with industry thought leaders the Center for Financial Services Innovation (CFSI) and The Pew Charitable…