American Express announced a line-up of fashion experiences exclusively for its style-savvy Cardmembers to gain insider Mercedes-Benz Fashion Week access to the American Express Skybox at Lincoln Center, MADE at MILK Studios and this season’s Cardmember-Only Show with Rachel Zoe. As a proud partner and supporter of the industry, American Express is committed to help support and drive business while creating unique access and unforgettable experiences for Cardmembers. Zoe expanded her fashion empire in 2011, with the launch of her fashion line and is now a constant fixture at retailers across the country. A recent inductee into the Council of Fashion Designers of America, Zoe will present her first runway show at Mercedes-Benz Fashion Week. American Express will feature street-style photography from Dore in a stunning lobby display at Mercedes-Benz Fashion Week, along with curated images from fashion enthusiasts around the country submitted via Instagram using #AmexFashion.*
Compass Plus retail banking software and electronic payments systems to financial institutions released a white paper, “The Rise and Fall of a Fraudulent Transaction,” detailing the evolution of financial services and how financial institutions must deploy multiple layers of protection in order to stay ahead of the fraudsters. It shows how the financial services sector has undergone a transformation in the last 10 years with customers no longer needing to visit their bank – Internet, mobile and self-service kiosks, including ATMs, now provide access to services at all times. Compass Plus outlines the various types of fraud that are prevalent today and the numerous layers of protection that can be used to combat them.
PULSE debit/ATM network extended and expanded its long-term relationship with Motorola Employees Credit Union (MECU), as MECU’s network provider for PIN debit. This provides MECU’s 39,000 members with access to POS terminals at retail locations across the U.S. through PULSE PAY®, as well as PULSE’s nationwide network of more than 380,000 ATMs. MECU, with 10 branch locations in Illinois, Florida, Georgia, Massachusetts and Texas, has been a PULSE participant since 2007 and chose to expand its relationship with PULSE following a comprehensive review, facilitated by the Illinois Credit Union League Service Corporation, that included a detailed analysis of MECU’s debit program transaction history. The process confirmed that MECU achieves improved debit economics when its PIN debit transactions are routed through PULSE.
My Clear Reports has added the MerchantCard MasterCard Prepaid Business Card to its MCR virtual business center for merchants. The MerchantCard is a virtual bank account and business card designed for business owners and their employees, providing all the benefits of a traditional bank and debit card relationship, without the need for a bank account. The MerchantCard can be used for purchases or to access cash anywhere MasterCard is accepted worldwide. Merchants gain complete control of funds with features such as automatic email and text alerts when purchases are made, funds are loaded or transactions of any type occur.
American Express and fred’s Super Dollar, including 339 full-service pharmacies, operating in the Southeastern United States, will launch a special three-month American Express Cardmember offer beginning in September to celebrate the recent card acceptance agreement between the two companies. From September 1, 2012 through November 30, 2012, American Express® Cardmembers can earn a one-time $10 statement credit by using their synced American Express® Card to make a single purchase of at least $30 in-store at any fred’s Super Dollar location.
USA Technologies wireless, cashless payment and M2M telemetry solutions made available its “QuickConnect” Web service to make it easier for developers and OEMs in the unattended retail and mobile payment acceptance space to interface with USAT’s “ePort Connect” service platform. The “QuickConnect” service give machine manufacturers that desire a turnkey solution for enabling a connection to USAT’s comprehensive ePort Connect service independent of card reading hardware; mobile app developers requiring a turnkey solution for cashless payment services; and developers of unattended devices, such as kiosks, that require an easily deployed cashless option.
Card Activation Technologies received notice from the United States Circuit Court of Appeals for the Federal Circuit scheduling the oral argument in our appeal for Wednesday, October 3, 2012. The argument will be heard by a three-member panel of the Federal Circuit at the University of Colorado Law School in Boulder, Colorado.
Ginger Schmeltzer has joined Fiserv as senior VP, Emerging Payments, Digital Payment Solutions to lead the development and execution of enterprise-wide initiatives to facilitate the delivery of new payment services. Initially focusing on the rapidly evolving mobile payments market Schmeltzer comes to Fiserv a seasoned financial industry professional with significant experience spanning both digital channels and payments. She was most recently senior vice president of Digital Channel Management at SunTrust Bank where she oversaw online banking, mobile banking and digital money movement technologies. Here she developed and executed strategies for mobile financial services, person-to-person payments and electronic billing and payment.
The Founding Committee of the Western New York Investors Conference announced the presenting companies for its 2012 conference September 28. They include 19 publicly-traded companies to present their strategies, financial performance and future outlook to institutional investors and analysts from throughout the United States. These companies span a broad range of industries, years in business and market capitalization levels, with many serving customers worldwide. The WNY Investors Conference provides an opportunity for institutional investors and analysts from within and outside the region to discover the diverse investment opportunities in Western and Upstate New York, as well as others from outside the region.
Harland Financial Solutions is expanding its current EFT products and services to include card services and adding a new electronic bill presentment and payment offering, in conjunction with its recently released “DPXPay” P2P product. With this, Vantiv and Harland Financial Solutions’ expanded line of EFT products now includes credit card, ATM and debit processing, merchant services, rewards and fraud prevention. Added servicing capabilities include pre-paid and gift cards, card personalization, debit PIN processing through the Vantiv-owned Jeanie® network, cardholder eServices and more. Harland Financial Solutions has expanded its bill payment capabilities and delivers “Cavion” Bill Pay as part of its Cavion suite of self-service solutions.
Jack Henry & Associates technology solutions and payment processing services introduced its “jhaCall Center” comprehensive telephone support and customer service solution. The solution automatically captures and authenticates customer information using state-of-the-art Computer Telephony Integration technology for a variety of implementation options. The sophisticated jhaCall Center software can be implemented in-house for financial institutions that want to retain responsibility for call center operations but need an intuitive, user-friendly technology platform that provides extensive case management capabilities and full integration with their JHA core processing system. The “jhaCall Center” will ultimately provide a cost-effective solution that expedites and enhances customer service, improves operational efficiencies, and reduces demands on internal staffs.