MasterCard Names VP, Govt Solutions

MasterCard appointed Mohammed Qadadeh VP, Head of Government Services and Solutions (GS&S) in Middle East and North Africa. The announcement is an integral aspect of MasterCard’s ongoing efforts to strengthen its investments in the government sector across Middle East and Africa. Here he will lead the expansion of the company’s government business by leveraging MasterCard capabilities to solve governments’ needs for efficiency, social progress, financial inclusion and overall transparency. Qadadeh held a number of managerial roles in the MasterCard Technologies and Operations division during the past 12 years, where he helped shape technology strategy and vision across various platforms, including the MasterCard Data Warehouse, Global Cardholder Solutions and Rewards, most recently as regional Chief Technology Officer, where he played a key role in driving MasterCard’s technology strategy across Middle East and Africa since 2011, starting with the Africa board’s strategy vision, planning, and execution.

Spending Monitor Up 4 Points in June

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor rose 4 points to 96.3 in June, its highest point in 2013, following a substantial increase in consumer confidence about the economy. Consumers rated both the economy and their personal finances as more positive in June, and also indicated intentions to spend more over the next…

MoneyGram Expands Presence in Latest Acquisition

MoneyGram has acquired Latino Services funds transfer agent, to increase the number of MoneyGram-owned locations. The move brings MoneyGram closer to its consumers in an effort to meet customers’ evolving funds transfer needs. Prior to the acquisition, MoneyGram operated stores in Miami, Florida, and New York City, New York. The purchase of former non-exclusive agent Latino Services, which sends remittances from the U.S. to Mexico and Latin America, will result in 10 new company-operated stores serving Atlanta customers. The acquisition provides an opportunity for the company to test new strategies in an important market.

Consumer Confidence in mShopping On the Up

A new survey carried out by Parcel2Go has suggested that consumers are becoming increasingly confident about buying products and services using mobile phones and tablets. More than 100 people responded to the snap poll run through the Bolton-based parcel delivery specialist’s Twitter account, with 68 per cent saying they had used a mobile device such as a smartphone or an iPad to make a purchase over the internet. Perhaps unsurprisingly, major online marketplaces including eBay and Amazon were cited by a significant number of people. Just under a third of respondents said they had not made online purchases using a mobile for concerns of security and giving out payment details over a mobile connection.

GE Capital to Provide Phillips 66 Private Label Credit Card Program

GE Capital Retail Bank signed a multi-year agreement with Phillips 66 energy manufacturing to provide private label credit card programs for consumer and commercial customers nationwide. GE Capital Retail Finance will manage the Phillips 66 relationship and service the account, which includes a private label credit card for consumers and a branded business revolving charge card for commercial customers. The branded consumer credit card program, which includes the Phillips 66 Personal Card, Conoco Personal Card and 76 Personal Card, will provide consumer cardholders with benefits and convenience, as well as the opportunity to earn rewards for qualifying fuel purchases made at any of the 8,000 independently owned Phillips 66, Conoco, 76 and Phillips 66 General Aviation locations nationwide.

Rite Aid Deploys Payment Alliance International ATM Program

Payment Alliance International (PAI) electronic payment processing solutions has been selected by Rite Aid Corporation to provide turnkey ATM services for approximately 1,500 Rite Aid locations in the western and southern United States. This new consumer-facing program will provide convenient access to cash for Rite Aid customers across the country. As one of the largest ATM networks in the United States, PAI provides ATM services for over 60,000 retail locations nationwide. The Rite Aid program will offer state-of-the-art, EMV-ready, ATM equipment; domestic and international transaction processing; and distinctive branding opportunities for financial institutions.

NCR Signs New Interactive Video Tech Client

Lake State Credit Union is using interactive video technology from NCR Corporation, including the “NCR APTRA” for remote control of ATMs. Completely self- and assisted-service through three NCR APTRA Interactive Teller ATMs and additional (non-video teller) NCR SelfServ ATMs. The Technology Village office in Duluth will not only serve current and new members with Interactive Teller, but it also will bring Commercial, Mortgage and Consumer services to that area. Lake State is a $184 million institution and the new Duluth office opening mid-August of this year will be its sixth full service office. APTRA Interactive Teller is the only ATM-based technology that not only lets people talk to a live remote teller, but also gives the teller remote control over the machine to conduct transactions. APTRA Interactive Teller can conduct approximately 95 percent of typical teller transactions.

Fiserv ePayment Leader

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv was recognized as the top online and mobile bill payment processor in a recent report by Aite Group. Fiserv provides comprehensive electronic billing and payment solutions that enable thousands of financial institutions and hundreds of businesses to provide customers the convenience of receiving and paying household bills online or via…

CreditCall Announces New EMV Biz Director

CreditCall expands its US team with the appointment of Richard Roscher as EMV Business Development Director. Bringing with him extensive experience leading technology initiatives, new product implementations and business development within the electronic payments industry, Roscher has been involved in the payments space for over 15 years. He has worked for WorldPay and Chase Paymentech and consulted numerous major brands. His top initiative will be to lead CreditCall’s initiatives to support EMV migration in the US.

Square Appoints Product Engineering Lead

Square has hired Gokul Rajaram, Product Engineering Lead. Here Rajaram will lead software development for Square Register full POS system for businesses. He was most recently the Product Director of Ads at Facebook, where he drove product development and execution for Facebook’s advertising products. Rajaram also co-founded Chai Labs as CEO before the company was acquired by Facebook in August 2010. Earlier in his career, Rajaram was Product Management Director for Google AdSense, where he developed software products for millions of small businesses all around the world. Rajaram earned a Masters in Business Administration from MIT Sloan in 2001, a Masters in Computer Science from the University of Texas at Austin, and a Bachelor of Technology in Computer Science from the Indian Institute of Technology Kanpur.

Ingenico names New EVP, HR & Communication

Ingenico appointed Martine Birot EVP Human Resources and Internal Communication. Martine brings 25 years of experience in HR, with international groups such as Solvay, Motorola and Technicolor, based in France, Sweden and China. Martine previously managed the implementation of worldwide HR processes, notably for compensation & benefits and global recruitment. She has also managed the HR activities related to two LBOs. She graduated from the Sorbonne University and the CELSA.

NCR Announces Latest Interactive ATM Client Bank

Cadence Bank will install two drive-up APTRA Interactive Teller units from NCR Corporation, which will extend service hours and create friendly and efficient customer experiences. APTRA Interactive Teller ATM-based technology allows people to talk to a live remote teller, while giving the teller remote control over the machine to conduct transactions. Adding an additional 10 hours of branch service each week to a typical financial institution branch can cost as much as $50,000 per year. APTRA Interactive Teller can conduct approximately 95 percent of typical teller transactions over the same timeframe at a fraction of the operational cost. Through its APTRA Interactive Tellers, Cadence can offer secure teller services during non-traditional banking hours and provide full teller services in areas not served by branches.