Datacard Group secure ID and card personalization is set to present at the 20th annual ATM, Debit and Prepaid Forum October 22-25. Titled “Maximizing Card Program Performance While Minimizing Costs,” there will be a co-presentation given by Alyssa Arredondo, senior marketing manager for Datacard Group; and Donna McVea, card issuance coordinator for First National Bank of Omaha. Datacard Group will also be exhibiting at the show its patented “CardWizard” issuance software and associated hardware.
Datacard Group, secure ID and card personalization solutions will be presenting at the 20th annual ATM, Debit and Prepaid Forum taking place on October 22-25. Titled “Maximizing Card Program Performance While Minimizing Costs.” Here Datacard Group will also be exhibiting, showcasing its “CardWizard” issuance software and associated hardware.
Ingenico provider of payment solutions has received certification for the MasterCard PayPass 3.0 terminal specification for its countertop iCT250 terminal. Ingenico offers each market segment a comprehensive range of PayPass 3.0 leading-edge approved terminals for the latest terminal specification from MasterCard, suporting contactless card acceptance as well as other PayPass enabled form factors such as mobile phones, stickers, and wristwatches. Ingenico has certified the full specification which enables the terminal to accept payments where the cardholder can authenticate the transaction by entering their PIN on the mobile phone handset, and then tapping their handset on the terminal.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. credit card delinquency has plunged to an all-time low, with Fitch Ratings’s 60-day Delinquency Index having dropped to 1.76% for the month of August. This decline brought delinquencies down to their lowest level on the Prime Credit Card Index in 21 years while delinquencies are down 25.74% since the year…
The Center for Financial Services Innovation (CFSI) added Blackhawk Network, LexisNexis, MoneyGram, and Regions Bank to its network. The fall meeting will focus on catalyzing innovation and action among financial thought leaders and innovators, all united in a commitment to better serve financially underserved consumers.
Cardtronics retail ATM owner launched its “FeeAlert,” allowing financial institutions to help their customers save money by steering them toward nearby in-network ATMs and away from ATM fees. With FeeAlert from Cardtronics, banks and credit unions can actively support their customers’ efforts to avoid ATM fees by raising account holder awareness of their in-network ATM options, in a personalized way. Upon analyzing an individual’s real-world ATM usage behavior, FeeAlert enables financial institutions to deliver a highly relevant list of nearby surcharge-free ATMs”including surcharge-free network ATMs. In effect, FeeAlert remembers to check for nearby in-network ATMs even when a customer forgets to use their financial institution’s ATM locator, thereby positioning banks and credit unions as delivering helpful, potentially cost-saving reminders to their customers.
USA Technologies wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries completed its broadest, integrated deployment of ePort telemetry of data with vending management solution provider and USAT DEX Partner, VendSys, for USAT customer, Rawls Distributing. The combined solution is designed to broaden the anticipated benefits of each technology, for even greater return on an operator’s investment. Rawls is an operator of more than 1,200 vending machines and utilized USAT and VendSys for its internet-based vending management systems.
TransCard and Business Solutions, an ABA subsidiary, announced a multiple year extension of their partnership. The Community Bank Prepaid Program offers banks the lowest cost/lowest risk new deposit product, in which participants range in size from $60 million to $13 billion in assets. The pace of new signings gives every indication that the launch of prepaid programs by national banks will expand the opportunity to grow the program.
Citi is launching its payroll payment solutions, allowing clients to standardize, centralize and automate their payroll payments. They then can access the payroll payment solutions through a range of market-standard and proprietary channels. Citi Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world.
Ramki Yalamanchili has been appointed to the Board of Directors at Prepaid International Forum (PIF), to support its efforts to create new opportunities in the global prepaid market and accelerate the adoption of prepaid services worldwide. PIF is a not-for-profit trade association which represents all parties participating on a commercial basis in the prepaid industry. In working to develop cross-industry guidelines and guiding principles to encourage best practices for profitable and ethical participation in the prepaid economy. Yalamanchili serves retail banks, card program managers and their customers with the tools and services needed to create and manage their own card products liberated from the constraints of the legacy processor model.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] American Express Company has reached settlements with several regulatory agencies to resolve previously disclosed reviews of certain aspects of the company’s U.S. consumer card practices. Similar settlements were reached with several of the company’s subsidiaries, including American Express Centurion Bank; American Express Bank, FSB; and American Express Travel Related Services Company,…
Fidelity Investment’s Fidelity Rewards American Express Cards- with an earn rate of 2% cash back on purchases when deposited into an eligible Fidelity account- have helped Cardmembers earn cash rewards of over $500 million since inception in 2003. Fidelity gives customers the flexibility to direct different percentages of their cash back rewards into multiple accounts. Feedback from customers about the Fidelity Rewards American Express Cards is being captured via Fidelity’s new online Ratings & Reviews system, where nearly 80 percent of reviewers have rated it a four or a five out of five stars. Praise for the program lauds its simplicity and degree of reward.