Citi and Expedia extended their partnership in a multi-year agreement. Through the new agreement, Citi and Expedia Inc., through the Expedia.com brand, will continue working together to provide more value to travelers and cardmembers. Since 2007, Citi and Expedia have worked together to provide the Citi Premier Pass® / Expedia® card, which has helped hundreds of thousands of travelers connect with the people and places that matter most to them.
PayCargo electronic invoicing and settlement solutions for the ocean shipping industry, and until recently part of a major financial electronic commerce and payment processing firm announced an instant online freight payment and settlement system. PayCargo has enormous flexibility to make decisions on matters such as contract terms, pricing, and geographic reach. As part of the new strategy, PayCargo is expanding into other transportation segments such as Air Cargo, Trucking, Rail, and Warehousing. PayCargo has provided the ocean shipping industry a business-to-business payments solution with tools that create efficiencies by automating the payments process. PayCargo offers multiple financing options, dispute resolution, systems integration, email alerting, and reporting capabilities.
Cardlytics will present at the Bank Director Growth Conference in May to demonstrate its Card-Linked Marketing platform. Cardlytics is one of only five companies that the Bank Director Growth Conference selected to present their latest innovations. Each company will have eight minutes on stage to give the audience an inside glimpse into their latest technologies. Cardlytics will highlight an upcoming technology, preliminarily named, ‘Cardlytics SmartPush’. The new feature allows consumers to map offers close to their current location. More than basic geo-location, ‘Cardlytics SmartPush’ will map offers that are relevant to their purchase behavior, not just offers in their immediate geography whether they are at home or traveling.
Spindle announced the availability of Yowza!! POS cloud-based, comprehensive POS and retail management platform.The new solution is a component of Yowza!! Merchant, a suite of tools that allow merchants to conduct and manage a full range of business functions, including inventory management, order processing, workforce management, payment functionalities, marketing and other core business operations from an iOS and Android device. Yowza!! POS serves as a cloud-based central management console for small, medium, and larger merchants, giving them instant visibility into a number of mission-critical operations, including inventory across multiple locations, scheduling, and accounting functions. Yowza!! POS is latest offering from Spindle’s line of advanced mobile commerce solutions, which includes mobile marketing solutions for merchants and consumers, as well as advanced and secure mobile payment processing capabilities.
The keynote speakers at CARTES America 2014 will share their deep industry experience and vision for online, mobile and contactless payment, and digital security and authentication solutions at the upcoming conference and exhibition, May 13-15 in Las Vegas, Nev. The five keynote presenters are Patrick Gauthier, head of emerging payments at PayPal; Ben Milne, CEO and founder of Dwolla; Dominique Piotet, CEO of Rebellion Lab; Steven Singer, CEO of ABnote; and Patty Walters, senior vice president of merchant products at Vantiv. The three-day conference is organized into a series of session tracks, with a roster of more than 80 speakers and more than 50 educational programs and presentations, addressing the key issues and market opportunities across the mobile payment, identification and biometrics, mobile security, near field communications (NFC) and Europay, MasterCard and Visa (EMV) deployment markets. CARTES America 2014 attendees can choose from a one or three day full conference pass or a one or three day event pass.
ACI Worldwide announced the availability of its EMV lifecycle management solution, ACI UP Token Manager, as a Software as a Service (SaaS) offering for US debit issuers. ACI is the first vendor to offer a SaaS-based EMV lifecycle management solution, which comes on the heels of the US debit industry recently banding together on EMV deployment decisions, particularly for debit issuers. A SaaS-based EMV lifecycle management solution will enable issuers to dynamically modify and configure parameters for customers, enabling differentiation in the marketplace. ACI’s flexible new solution offers rich business functionality, delivering peace of mind to issuers by providing the benefits of an in-house deployment for data preparation. Unlike typical outsourced offerings, this cost-effective solution provides considerable value added services, such as online access to card, chip and application data for customer support as well as the ability to provide card supplier independence.
Viableware, innovators of the RAIL today unveiled an updated version of its RAIL payment device that accommodates for the use of EMV smart card payments. The enhanced RAIL device is engineered to accept any chip-based payment card from the table and securely communicate with the leading restaurant POS systems – including MICROS, NCR Aloha, Squirrel and Dinerware – strengthening customer security and mitigating restaurant liability for credit card fraud.
Discover Financial Services is on InformationWeek Elite 100 — a list of the top business technology innovators in the U.S. Discover made the list by developing a new application that provides a fully comprehensive, customer-centric view and supplies account managers with better data and up-to-the-minute information, allowing them to provide superior customer service. Unique among corporate rankings, the InformationWeek Elite 100 spotlights the power of business technology innovation. The InformationWeek Elite 100 research tracks the technology-based investments, strategies, and results of some of the best-known organizations in the country.
Virtual Piggy, Inc. (OTCQB: VPIG), provider of innovative safe payment technology, Oink, announced the appointment of Trent Walker to Senior Leader in the role VP Business Development – Key Accounts. Trent Walker brings over ten years of payments and finance industry expertise, working with many of the world’s leading corporations, including Google and Facebook. For the past six years, Mr. Walker has held strategic leadership roles within the financial services department at Arvato, the $6 billion per year division of Bertlesmann. Oink is the only payment technology designed to allow retailers and game publishers to reach under 21 consumers in a safe, legal, and effective manner compliant with the FTC and other international regulations. This innovative technology serves as a digital family wallet that is available online or via mobile and allows safe, secure transactions – all within parental controls.
Payment Alliance International ATM and electronic payment processing announced global sponsorship of the ATM Industry Association (ATMIA). ATMIA is an independent, non-profit trade association whose mission is to promote ATM convenience, growth and usage worldwide; protect the ATM industry’s assets, interests, good name and public trust; and to provide education, best practices, political voice and networking opportunities for member organizations. PAI is one of the largest ATM deployers in North America with more than 65,000 locations in the PAI Alliance Network. Uniquely positioned in the payments marketplace, PAI offers custom ATM programs and services for retailers and financial institutions including ATM cash management and branding solutions, as well as a variety of electronic payment options.
i2c, Inc., a provider of payment processing and emerging commerce solutions, announced that it is continuing to experience strong worldwide sales momentum in Fiscal Year (FY) 2014, which ends June 30. i2c is also seeing substantial growth from its existing client base, as both prepaid platform transactions and total accounts supported are up more than 50% from a year ago. The i2c platform’s ability to monetize customer relationships and build loyalty is resonating with organizations in all regions of the globe. The diversity of specific program solutions being implemented is a result of the flexibility inherent in i2c’s next-generation processing platform. Programs implemented or in development include general purpose reloadable (GPR) programs in Japan, a mobile wallet companion card in South Africa, a digital gifting app in the United States, debit card programs in Latin America and various prepaid programs in China, Australasia and the Middle East. A full spectrum of prepaid programs, including GPR, payroll, incentives, gift, travel, loyalty and remittance solutions, have been rolled out by i2c during the fiscal year.
MasterCard announced its participation the Macquarie Extreme Services Conference in New York. Mastercard will also present at the JPMorgan Global Technology, Media & Telecom Conference in Boston. There will be a listen-only live webcast of each discussion and replays will be archived for 7 days on the investor relations section of www.mastercard.com .