[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] DFC Global services to the unbanked and under-banked consumers announced preliminary 3Q/14 total consolidated revenue expected in the range of $248.0 to $252.0 million. DFC reduced its guidance for fiscal year 2014 to adjusted EBITDA between $151.0 and $156.0 million, as compared to its previous range of between $170.0 million and…
American Express is now accepting applications for the new Amex EveryDay Credit Card, which was announced at last month’s Oscars. To celebrate, the company is launching a year-long campaign to shine a spotlight on America’s #EveryDayMoments – from quality time with the kids to a night out with friends. The campaign kicks off with a Mother’s Day “selfie & snapshots” photo contest with an epic prize – a getaway to NYC for 50 winners and their guests (100 total). American Express will continue to recognize and reward consumers for sharing their #EveryDayMoments throughout the year with a series of special, themed contests, sweeps and unique experiences, like a live concert with Maroon 5 streamed nationally on June 20, 2014, and a soon-to-be-announced Father’s Day Sweeps. The Amex EveryDay Card is a no-annual-fee Credit Card that puts a twist on the traditional rewards program; it rewards Card Members for how often they shop, and not just how much they spend. Use the Card 20 or more times on purchases in a billing period and earn 20% extra Membership Rewards® points on all those purchases less returns and credits. *Terms and limitations apply
Payments Space Advisors, a joint venture subsidiary of NEACH and EastPay, has announced its inaugural Board of Directors. Payments Space Advisors was recently formed by the two Regional Payments Associations to provide a broad spectrum of payment systems risk management, compliance, and consulting services to financial institutions and businesses. The new Board of Directors includes Chairman: Albert Rietheimer, CPA, SVP, CFO & Treasurer, Steve Madden, Richard Oliver, David Brock, Laurance Selnick, and Pam Rodriguez, AAP, CIA, CISA, Executive Vice President of EastPay.
FirstCapital Bank of Texas now offers live teller service 24 hours a day, five days a week and will soon expand that to 24 x 7 service through interactive video software from NCR. With NCR APTRA™ Interactive Teller, a live teller takes remote control of the device while on video chat over its screen. FirstCapital’s interactive tellers work out of the Lubbock, Texas branch and can support customers at any of the bank’s 10 Interactive Teller kiosks. The latest Interactive Teller unit went live March 19, as part of the bank’s new branch opening in Amarillo. FirstCapital worked hand-in-hand with NCR and FTSI. FTSI is one of NCR’s largest financial services solutions partners, serving Texas, California and the Pacific Northwest since 1998. FirstCapital’s Interactive Teller units are available both in lobbies and drive-thru banking.
Ameranth, Inc. announced that it has entered into a new patent license agreement for mobile ordering and mobile payment processing with Taco Bell Corp. – www.tacobell.com – the largest Mexican QSR restaurant company in the world – with nearly 6,000 locations. Taco Bell is headquartered in Irvine, California. The Ameranth-Taco Bell patent license includes mobile ordering, mobile payments and other elements critical to mobile deployments in the hospitality space.
Now through June 30, 2014, cardmembers can sign up to earn 5% Cashback Bonus on up to $1,500 in purchases made at home improvement stores, furniture stores and Bed Bath & Beyond®. Cardmembers can sign up simply by logging into their online Account Center or calling 1-800-DISCOVER (347-2683). After making $1,500 in purchases, Discover cardmembers continue to automatically earn their standard Cashback Bonus on all other purchases. Cardmembers can shop online year-round with their Discover card at ShopDiscover.com, Discover’s exclusive online shopping portal featuring more than 200 popular online retailers offering between 5% and 20% Cashback Bonus on purchases.
JetPay® Corporation is pleased to announce the appointment of Diane (Vogt) Faro to its Board of Directors. Ms. Faro was nominated to the board to replace an open board seat created by the departure of Arthur Ryan, who resigned in October 2013. With a career of over 30 years in the payments industry, Ms. Faro brings executive expertise in management, sales, and the merchant acquiring and Independent Sales Organization sides of the payment business.
CurvePay announced the completion of its acquisition of Transaction Labs (T-Labs), the world’s only direct payment processor to combine front and back end processing with Big Data analytics capable of delivering real time, targeted 1-to-1 marketing for brick-and mortar merchants. The T-Labs platform processes a billion transactions annually with direct connections to the associations (Visa, MC, AMEX, etc.) and transaction speeds up to 10x faster than traditional processors.
U.S. Bank announced “U.S. Bank Business Edge,” a new brand for its small business payment products. The Business Edge family also includes a new product: the U.S. Bank Business Edge SelectTM Rewards card. The card lets card owners earn triple points on net spending by choosing one of three categories (day-to-day expenses, automotive, or travel and entertainment), and one point for each dollar in net spending for everything else. Flexible redemption options include a choice of gift cards, merchandise, travel or a statement credit. Other benefits include: no annual fee, no cap on points earned and 0% APR for nine statement cycles on purchases. The new family includes the “Business Edge Cash Rewards Card,”
“FlexPerks Business Edge Travel Rewards Card,” “Business Edge Platinum,” “Business Edge Charge Card” and “Business Edge Check Card.”
FIS and its NYCE® Payments Network announced a licensing agreement to make the Visa® EMV® debit solution available to all NYCE participants. This agreement furthers the U.S. payments industry goal of EMV adoption and is NYCE’s first formal EMV license, which can be used by NYCE Network participants with respect to Visa card products. Fundamental to the agreement is the support of key NYCE participant business flexibilities, including portability between debit networks for issuers, routing choice for merchants at the point of sale and issuers at NYCE ATMs. At the same time, it ensures that NYCE will have access to Visa EMV technology in perpetuity to support NYCE clients and NYCE will be able to support transactions using all authentication types.
BPC Banking Technologies payment solutions for the global financial industry announced the launch of SmartVista for Retailers. SmartVista for Retailers is designed to help businesses of all sizes streamline payment operations while supporting the widest range of payment methods and channels. The solution provides all the capabilities needed to support today’s fast moving, competitive retail environments in an integrated, flexible and secure package. Retailers face considerable challenges in their mission to deliver what consumers want at a price they are willing to pay, backed by the convenience and service they demand. SmartVista for Retailers helps capture market opportunities by rapidly meeting the unique needs of changing markets. The solution supports single- and multi-site retailers, as well as mono-retailers and retailers with multiple departments. A full range of payment options are supported, including EMV (Europay Visa Mastercard) chip and magstripe, contactless and mobile, credit and debit cards, prepaid and virtual cards, gift cards and vouchers, ensuring retailers can offer consumers the widest range of payment acceptance. Designed to operate in a dynamic environment, SmartVista for Retailers is multi-channel, multi-currency, multi-lingual, multi-institution and multi-acquirer.
Acculynk payment processor announced the City of Atlanta, Department of Watershed Management’s award of a Special Procurement Designation to Acculynk. Following the Special Procurement Designation, Acculynk will offer Department of Watershed Management customers its unique PIN debit solution for processing secure online debit payments. The Company expects to deliver its proprietary solution to customers within the next few weeks. The offering is expected to open up a new payment channel to Department of Watershed Management customers, especially for those customers who utilize debit cards as a primary means for transacting. Acculynk’s PaySecure® patented online PIN pad solution permits PIN enabled debit card users to enter their PIN for e- and m-commerce, ensuring a second layer of authentication and a more secure transaction.