PlayPhone mobile social gaming partnered Vivo to expand its social game store and global gaming network to its customers. This partnership is the latest in a rapidly expanding list of key carrier partners including Verizon, Claro Brazil, SingTel and Sprint, to adopt PlayPhone’s turnkey social gaming platform. With the addition of Vivo, PlayPhone now reaches over 870 million mobile customers. PlayPhone Games enables Vivo customers to discover, download and play a wide variety of the latest popular games with friends from around the world in a single app. It’s the first aggregated mobile games store for Vivo customers that offers secure direct carrier billing, and it provides gamers with a unique, deeply social set of gaming features. PlayPhone Games is personalized to each player’s gaming habits, their friend network and the games their friends are playing, exposing players to very targeted content and making it easy for players to instantly connect with friends to play and share favorite games together.
The U.S. Personal Consumption Expenditures Index has fallen to 2.8% in the third quarter of 2013 from 5.1% in the third quarter of 2006. Consumers are still sitting on their wallets and not sure sure what retailers are up to, as aggressive holiday sales are very early and very sluggish. January may be the bright spot for retailers, but “Baby Boomers” are watching closely and will close in during the first quarter.
adMarketplace search advertising technology named Lou Severine as its Chief Revenue Officer and James Domenick as Vice President of Ad Operations. Severine and Domenick bring extensive industry experience to adMarketplace’s rapidly expanding sales and operations teams. Severine joins adMarketplace after serving as Chief Revenue Officer for Adknowledge, where he managed revenue, business development, and marketing efforts. Severine also served as Senior Vice President of Global Sales for AOL/ADTECH, where he was responsible for domestic and international sales for numerous AOL Networks platforms. Domenick comes to adMarketplace from Microsoft, where he served as Chief of Staff for Global Accounts & Agencies. He joined Microsoft in 2007 and managed a range of cross-group initiatives for Microsoft’s Global Creative Solutions team. Prior to Microsoft, Domenick served as Director of Product Solutions for Experian CheetahMail.
Technology retail giant TigerDirect.com announced it has begun accepting V.me by Visa to help simplify online payments at its Internet Retailer Top-25 ranked TigerDirect.com e-commerce site, as well as its mobile and tablet web sites at M.tigerdirect.com and T.tigerdirect.com. V.me is a simple, secure way for people to pay online, letting consumers checkout by simply entering a username and password. Once enrolled, consumers can more easily manage online shopping payments anywhere that accepts V.me. The marketing and technology integration between TigerDirect.com and Visa is one of many strides TigerDirect.com has taken to minimize payment friction, giving customers one more reason to complete their purchases with TigerDirect.com. Because customers can complete their purchases in fewer steps and without ever leaving the TigerDirect.com web or mobile site, V.me helps reduce the likelihood of cart abandonment. V.me by Visa digital wallet lets consumers checkout securely using any major credit or debit card, without re-entering card number and shipping preferences.
The Clearing House (TCH) issued a working paper entitled U.S. Payment System: Recommendations for Safe Evolution and Future Improvements that offers recommendations on how best to evolve the existing payments system. The working paper focuses on the need to ensure the safety, soundness and sustainable economics of the U.S. payment system and to continue to deliver superior payment services to consumers and businesses. The working paper is part of TCH’s ongoing discussions regarding the future of the U.S. payment system and serves as its response the Federal Reserve Banks’ Payments System Improvement – Public Consultation Paper published in September. The paper also sets forth TCH’s own recommendations regarding optimal payment system evolution and outcomes.
Western Union 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.
PCI Gaming unveiled a major awareness campaign targeting Atlanta to support the opening of this new resort. The multi-channel effort includes unique and innovative interactive promotions and marketing elements aimed at building awareness in the Atlanta market for what will become the city’s closest casino. The focus of this campaign is to support awareness for the December 17 opening of Wind Creek Wetumpka, PCI Gaming’s newest and largest property. The $250 million casino-hotel is a two-hour drive from downtown Atlanta, just outside Montgomery, Alabama, and is the city’s closest casino. Wind Creek Wetumpka offers 2,520 gaming machines on an 85,000 square-foot casino floor. That’s about the size of two football fields. It is surrounded by 5 restaurants including a luxury steakhouse, Fire, whose sister restaurant at the Wind Creek Atmore earned AAA’s coveted four-diamond award, the only restaurant in Alabama with that distinction.
The Integrated Payments Alliance (IPA) is pleased to announce the association will hold the ATM Innovation Showcase and ATM X-Games on February 11, 2014 as part the U.S. ATMIA Conference and Expo. The IPA ATM Innovation Showcase, a full day educational event designed for ATM and payment leaders interested in learning more about cutting-edge payment technology, will kick off at 9:00 a.m. at the Lowes Royal Pacific Resort at Universal Studios in Orlando, FL.
The board of directors and senior management of Suncoast Schools Federal Credit Union, the largest credit union in the state of Florida, chose to pursue the state charter conversion vote to enable the credit union to serve all residents of 17 counties located near or along the west coast of Florida. This change will allow Suncoast to enhance its presence in and commitment to their communities that it currently serves. VR Election Services facilitated the vote to ensure integrity in the process.
Payelp Global payment and business development platform partnered Onebip by Neomobile 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. Payelp Global (aka “Payelp”) processes more than 500,000 transactions per minute- the payment and business development service is available in 74 countries worldwide and is constantly expanding.
Mozido announced today that it has received the first $30 million of a committed $70 million round of financing led by a Boston-based investment advisor with assets under management of over $500 billion. This funding will allow Mozido to accelerate its growth both organically and through strategic acquisitions. The announcement brings total funding of the company to over $100 million with participation from Brentwood Investments, TomorrowVentures, Atlanticus Corporation and Bob Turner personally of Turner Investments.
Viewpointe has 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). Terms of the deal were not disclosed. 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.