USA Technologies wireless, cashless payment and M2M (machine-to-machine) telemetry solutions for small-ticket, self-serve retailing industries, will be demonstrating new mobile-based loyalty and couponing services at CTIA MobileCON 2012, October 9-11.The mobile application enables consumers to receive product and brand information, manage and redeem loyalty points for coupons and cash to use at participating unattended and traditional retail locations, search for participating retailers based on where the consumer is in real time, and verify that their favorite item is in stock at the machine in their area. Consumers can redeem coupons at unattended terminals using their NFC phones with digital wallet, credit card or debit cards, or a prepaid account.
NCR Corporation has built on its relationship with SunTrust Banks, deploying NCR APTRATM Passport to roll out remote deposit services using multiple channels. With APTRA Passport, SunTrust can deliver a consistent cross-channel remote deposit capture (RDC) experience and more convenience to commercial and retail customers. The NCR APTRATM Passport solution provides SunTrust a multichannel RDC hub, allowing the bank to capture and consolidate business and consumer check deposits made from remote locations – which can include branches, ATMs, businesses (commercial), homes (consumer), and mobile phones – directly into back-office processing. The APTRA Passport solution meets the growing demand for RDC and delivers incremental benefits from having all RDC solutions running on the same platform for unified fraud detection, auditing and reporting, as well as processing cost savings.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] With the total outstanding revolving US consumer credit having dropped 6.7% in July since the year ago figure, it was up in August 5.9%, according to the Federal Reserve. Up from the July figure of $850.7 billion to $854.9 billion, outstanding revolving US consumer credit compares to the year ago figure…
Compass Plus retail banking software and electronic payments systems has migrated Global Processing Centre (GPC) to TranzWare from Compass Plus in just over three months. GPC chose TranzWare to help expand its business from issuing prepaid cards to offering PCI DSS certified comprehensive issuing and acquiring services to the region with full compliance to the EMV standard. GPC customers in the Latin American and Caribbean region will now benefit from these additional processing services along with newly implemented remote banking services.
American Express Meetings & Events full-service global meetings and events management provider partnered Cvent meetings technology company to offer an integrated service and technology solution for the management of meetings and events. This extends the companies’ existing relationship, under which American Express Meetings & Events’ global team is now using Cvent’s Supplier Network, to one where Cvent is also developing a set of customized tools and capabilities that can help American Express Meetings & Events clients more effectively and easily manage their meetings and events investments.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] First Data payment processing released its SpendTrend, tracking same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations for September 2012 compared to September 2011. Overall dollar volume growth was 5.8%, down from August’s 7.2% growth, thanks in great part to to…
MoneyGram money transfer launched its MoneyGram Foundation to demonstrate its passion for educating young minds and focus on funding programs for educational resources and basic school supplies for school-age children around the world. In the past month, MoneyGram’s Global Giving program has given $230,000 to organizations in more than a dozen countries across Africa, Asia, Eastern Europe, Latin America and North America. With its guiding principle, “Inspiring minds. Improving lives.,” the focus of the MoneyGram Foundation is rooted in the belief that education is at the heart of better economic opportunities, healthier families and individual freedom and empowerment.
VeriFone partnered Valero Retail to implement its “Paymedia for Secure PumpPAY” in an initial pilot at corporate-operated sites. The VeriFone “Secure PumpPAY” solutions allow gasoline retailers and distributors to retrofit gasoline dispensers with EMV-capable, PCI payment systems that meet the latest payment security standards with full-color digital display and audio that elevates the fueling experience to a new level. It also provides a solution for secure payments, targeted advertising, coupons and special offers, and delivering real-time, relevant information such as weather and safety warnings.
MasterCard made its latest enhancements to the MasterCard “Smart Data” and its MasterCard “smartdata.gen2” web-based expense management and business intelligence. This allows companies to better manage their business and increase cost savings through unsurpassed visibility and access to comprehensive spend analytics. Included among the enhancements to smartdata.gen2 are improvements to expense reporting functionality; Industry-leading data export capabilities, for the flexibility to serve every kind of customer; and a new analytics module to monitor programs graphically and dynamically with a couple of clicks.
Visa Inc.’s Personal Payments platform has seen 89% growth in September 2012 since the year ago period in Asia-Pacific, Middle-East, Africa and Eastern Europe.The platform, which enables consumers to send money directly to eligible Visa credit, debit or prepaid cards around the globe, is now available to an estimated 200 million consumers through 74 leading financial institutions in 18 countries. Visa Personal Payments has seen rapid adoption among financial institutions and payment service providers with ICBC Bank in China; Standard Chartered Bank, Maybank and OCBC Bank in Singapore; Alfa Bank, QIWI and Russian Standard Bank in Russia; UAE Exchange in the Middle-East,Taishin International Bank in Taiwan and ICICI Bank and, State Bank of India in India.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] After sitting at just above the 8% mark for 8 months, the unemployment rate has seen the largest change since February 2012, dropping to 7.8%. Down over a full percentage point from the year ago period, when it was 9.1%, the number of unemployed Americans was down 0.3% since August. The…
LevelUp is integrating with POS systems, including Micros, POSitouch, and Dinerware, collectively representing 30% of all the POS systems that exist. This is part of the company’s mission to integrate with every existing system out there to make it easier for merchants to accept LevelUp’s unique combination of mobile payments and customer loyalty campaigns. These partnerships allow LevelUp transactions faster, easier, and more seamless for merchants First, LevelUp transactions get logged alongside every other credit card and cash transaction for the day, making it much easier to balance the register at closing. And second, the analytics from LevelUp’s loyalty-driving campaigns get integrated right into the merchant’s existing POS system, making it easier to track all of that amazing data on who’s coming back and how often, as well as what they’re ordering. The LevelUp network offers zero interchange for 0% in processing fees.