Viableware formalized its m-wallet strategy involving the leading companies in the mobile payments industry. Viableware demonstrated it’s the platform of choice for payment providers looking to support mobile wallet payments at full-service restaurants around the country. A number of full-service restaurants are currently piloting Viableware’s RAIL payment platform in an effort to securely accept payments at the table. The platform utilizes a fleet of handheld devices designed to replicate the look and feel of the typical leather folder that is the industry standard for bill presentation at full-service restaurants.
MasterCard announced the MasterCard Mobile Payments Global Symposium, offering dialogue on NFC, mobile money and the future of payments. The Symposium is the showpiece mobile payments event within Mobile World Congress (MWC) 2013, the world’s largest mobile conference and exposition. The Mobile Payments Global Symposium agenda will consist of five regional spotlight panel sessions, each exploring evolving trends and key topics related to the future of payments. This includes Mobile payments and driving financial inclusion; creating shopping experiences with a click, tap or touch of a connected device; The role of mobile technology in moving toward a world beyond cash; Mobile money and NFC.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv financial services technology posted a 4Q/12 revenue of $1.16 billion and adjusted revenue of $1.08 billion. For all of 2012, revenue was $4.48 billion compared with $4.34 billion in 2011 while adjusted revenue was $4.20 billion, up 3% on $4.07 billion in 2011. Adjusted earnings per share from continuing operations…
The CreditCall CEO will join payment industry CEOs to discuss mobile commerce and the market opportunities and challenges for mobile payment acceptance apps at Apps World North America. The mobile payments track includes two panels involving representatives from Verizon, MasterCard, Intuit and PayPal. They will discuss how mobile is transforming the U.S. retail industry and look into market opportunities and challengers for payment acceptance apps. Over 5000 developers, telcos, device manufacturers and industry professionals will participate on nine targeted workshops to discuss and learn about the issues across the app ecosystem.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total payroll employment was up 157,000 in January as the unemployment rate increased marginally to 12.3 million for a 7.9% national rate. This after a 155,000 increase in December, when the unemployment rate was 7.8%, or 12.2 million unemployed persons. Those jobless 27 weeks or more was, however, gained some positive…
ampm, BP’s popular West Coast convenience store franchise, agreed to offer MoneyGram’s full suite of consumer products at participating ampm locations in the Western United States, the companies announced. With this, BP is promoting MoneyGram’s money transfer services, bill payments, money orders and prepaid cards to its network of more than 950 ampm franchises throughout Arizona, California, Nevada, Oregon and Washington.
VeriFone Systems appointed Marc E. Rothman executive vice president and chief financial officer and Jay Parsons senior VP, digital media and taxi operations. Rothman joined Motorola through the acquisition of General Instrument in 2000, in which capacity he oversaw all financial activities of Motorola Mobility and led the company’s spin-off transaction from its former parent and eventual sale. Parsons joined VeriFone in September of 2011 and has played an integral role in driving the successful development of VeriFone’s interactive digital solutions platform for the petroleum and retail businesses.
The Center for Financial Inclusion at Accion together with MasterCard launched “Mapping the Invisible Market” research initiative as part of the Financial Inclusion 2020 campaign. This will consist of a series of research papers looking at how demographics, income, urbanization, and other issues affect financial inclusion, at a time when over 2 billion people don’t use formal financial services. The report details how profound demographic shifts in the developing world have implications for how people can save, invest, or transfer money.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] As reported earlier, card portfolio sales activity for 2012 saw a large jump from recent years, noted industry expert, R.K. Hammer-Card Knowledge Factory®. A number of factors have contributed to that activity, stated company Founder and CEO, Bob Hammer. “In addition to rising deal prices, the most interesting thing about card…
Braintree payments platform for online and mobile commerce launched its “Venmo Touch” service for one touch payments across multiple applications. Designed to save consumers the hassle of having to re-enter payment information on a mobile device across merchants in the Braintree network, “Venmo Touch” is available in private beta for select Braintree clients, with HotelTonight, TaskRabbit, Wrapp and several others enabling the service for their customers over the coming weeks. Venmo Touch eliminates the need for consumers to re-type credit card numbers by providing a secure, connective layer across all apps on a mobile device.
WePay appointed Tina Hsiao, formerly of Intuit, Vice President of Marketing. She brings with her extensive experience with small businesses and her history of leadership across marketing, product management, customer care and finance will be invaluable as WePay continues to grow and gain market share in small business payments. Hsiao spent over 11 years at Intuit in their small business division, where she launched and led marketing for several high-growth products that helped small businesses acquire customers and manage their finances.
MasterCard partnered Excentus, by which MasterCard will become the exclusive payments partner of the Fuel Rewards Network™ (FRN) program. Allowing members to earn savings and reduce the price of gasoline at the pump, users can earn cents per gallon savings redeemable on their next fill-up.