2Checkout online payment processor partnered Inexika to launch its “2Checkout Mobile” iPhone App. With this, 2Checkout sellers can now access their account from anywhere, adding “2Checkout Mobile” to its available bundled services at no additional charge. The “2Checkout Mobile” service allows sellers to check their account balance and view sales history, issue refunds, or call and email customers directly from within the app.
Prepaid Resources been chosen to present at FinovateFall 2012 through a competitive application process, for which it will showcase its BenefitsDirect, ‘Direct Deposit Management’ solution. The BenefitsDirect solution engages accountholders through multiple touch points to direct deposit their Federal benefits, State benefits and payroll; tracks resulting direct deposit activity from enrollment to termination; reacts to new direct deposit opportunities as ‘life events’ occur, such as unemployment, child support and job changes; and succeeds in multiplying revenue growth by building recurring deposits and increasing accountholder retention. BenefitsDirect users include AccountNow, Blackhawk, FSV, Jackson Hewitt, NetSpend, Pay-O-Matic, PreCash, Western Union and others.
EVERTEC and EVERTEC Finance have extended their pending exchange offer to exchange up to $40,000,000 aggregate principal amount of their 11% Senior Notes due 2018 that have been registered under the Securities Act of 1933 for a like principal amount of their outstanding 11% Senior Notes due 2018 which were issued on May 7, 2012. The Issuers have been advised by their exchange agent that, as of the close of business on August 27, 2012, approximately $39,300,000, or approximately 98%, of the Old Notes, have been confirmed as tendered in exchange for a like principal amount of the Exchange Notes.
Evolution1 named to the sixth annual Inc. 500|5000 of the nation’s fastest-growing private companies. As the nation’s largest electronic payment, on-premise, and cloud computing healthcare solution that administers reimbursement accounts, Evolution1 joins Unified Payments, Yelp and Giftcards.com. In a challenging economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. Evolution1 has a three-year sales growth of 116 percent.
DFC Global for the unbanked and under-banked consumers announced its EVP & CFO, Randy Underwood, is set to present at upcoming investor conferences. These include the CL King 10th Annual Best Ideas Conference on September 12 at the Omni Berkshire Hotel in New York and the JMP Financial Services and Real Estate Conference September 13 at the St. Regis Hotel, also in New York.
TOSHIBA TEC expanded its e-STUDIO MFP application platform with an integrated Print on Demand application (e-BRIDGE PODApl). The new Toshiba TEC Print on Demand application helps to further optimize this process as a hands-on tool that is easy to deploy, straightforward and easy to manage with a tangible return on investment. Toshiba’s e-BRIDGE Open Platform is a flexible, open software architecture that allows solution partners to create value-added MFP solutions to further improve the workflow efficiency of businesses. The Toshiba e-BRIDGE PODApl is embedded into e-BRIDGE to achieve a perfect customization.
Almost 65% of parents of college-aged young adults worry about their child’s ability to manage money while 40% believe their young adults will run out of money in the first month of college. Meanwhile, parents are concerned about their child’s ability to manage their credit ratings, coinciding with text alerts and freeze spending apparently helping parents feel more comfortable about their child’s ability to manage finances. In response to these findings, MasterCard is partnering with the International Student Identity Card Association (ISIC) to give students the identity benefits of the ISIC card. Cardholders are also entitled to more than 40,000 discounts and benefits in over 120 countries. By combining an ISIC card with a MasterCard branded payment card, students have access to services at every stage and aspect of their student life, providing them with easy and secure ways to manage their money, track spending and purchase goods at discounted prices – whether online or in store.
As American Express embarks on its 19th season as a partner with the US Open, it’s introducing its digital and on-site benefits, designed to serve tennis fans at the USTA Billie Jean King National Tennis Center. American Express is offering even more ways for tennis fans to get involved with the action of the US Open with the “US Open American Express Fan Experience.” For the second year at the US Open American Express Fan Experience, fans can perfect their game, catch the action on the courts and challenge their friends to a match. The Experience, which is located just inside the East Gate, has moved indoors and now features 20,000 square feet of interactive elements for all fans at the US Open. This offers Swing Analysis; a Game Center with virtual tennis; a Fan Court with live programming, match previews and player meet-and-greets; and Exclusive Offers for Cardmembers.
PayPal partnered Discover to bring PayPal to more than 7 million merchant locations across the U.S., and potentially to millions of international merchant locations in the future. Discover will work with PayPal to enable participating merchants to accept PayPal easily through their existing relationship with Discover. Consumers will be able to take advantage of the benefits of PayPal at these merchant locations, providing them with the simplicity, speed and security they’ve come to expect from PayPal across any channel, any time. Participating merchants will be enabled to accept PayPal easily through their relationship with Discover. To offer PayPal, merchants will not have to install or upgrade existing point-of-sale hardware or software and consumers will know of this additional payments option through in-store signage.
CDNetworks has received PCI-DSS certification renewal and meets the Business Associate requirements for HIPAA Privacy Rule compliance. CDNetworks’ Dynamic Network Acceleration adheres to the technical requirements of the PCI standards regarding system- and application-level policies that include log data centralization, monitoring, and reporting for security and audit purposes. HIPAA stands for Health Insurance Portability and Accountability Act and was enacted as a standard for protecting healthcare patient data on the internet. CDNetworks meets the HIPAA Privacy Rule standards, including risk assessment and documentation, encryption, and audit controls.
American Express has been ranked highest in customer satisfaction among U.S. credit card companies on the annual nationwide consumer study by J.D. Power and Associates. This places American Express highest in overall satisfaction among 11 of the largest card issuers in the U.S. American Express has received the study’s top ranking every year since it was launched in 2007. The J.D. Power and Associates 2012 Credit Card Satisfaction StudySM looks at six factors to determine overall satisfaction: Customer Interaction, Billing and Payment Process, Credit Card Terms, Rewards Programs, Benefits and Services, and Problem Resolution. This is through an enhanced website to provide an improved user experience; “tagging” to help Cardmembers create a customized view of their charges and simplifies the experience of managing their expenses; an all new Account Manager feature, making it easy for Cardmembers to list additional individuals, like a spouse or a business partner, who are authorized to access and manage their card accounts; and “My Offers” mobile offer engine that recommends and ranks relevant merchant offers in real time for U.S. Cardmembers based on their spending history and location.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Data now show a continuing shift towards online, mail-order and telephone-order fraud versus counterfeit fraud over the same period. With this, from January 2010 to September 2011, card-not-present fraud losses increased at twice the rate of counterfeit card losses. Though Internet, mail and telephone fraud accounted for the highest total fraud…