Mobeam and ProLogic have forged a strategic partnership to enable the processing of digital coupons on mobile devices, through which the companies will be working to integrate their technologies for digital coupons on consumer mobile devices and their redemption at point of sale. Combining mobeam’s light-based beaming technology and ProLogic’s Digital Coupon Clearing solution will create a completely digitized coupon system for consumers and retailers. Mobeam’s technology makes digital coupons and other content presented on a mobile device universally scannable by every point-of-sale (POS) system. ProLogic’s exclusive Digital Coupon Clearing solution will ensure optimal processing speed and accuracy at the lowest cost for retailers and brands, completing the purely digital coupon process.
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.
Inc. Magazine has announced that Bluefin Payment Systems achieved the #6 position overall on its annual 500/5000 list of the fastest-growing, private companies in the United States. Bluefin Payment Systems provides a highly secure payment gateway for electronic payments, including debit/credit card processing, ACH, and more. Placements on the list are based on the percentage of revenue growth from 2008 to 2011 for private US-based companies with minimum revenue of $100,000 in 2008 and $2 million in 2010. Bluefin Payment Systems achieved the #6 spot on Inc.’s list by generating 2011 revenue of $55.6 million and experiencing an 11,675.7% growth rate from 2008 to 2011.
TSYS launched its free investor relations app for iPhone, iPad and Android mobile devices, powered by theIRapp. TSYS’ investor relations app allows users to navigate the company’s investor relations materials, receive a stock quote and view other important stock information. The app will also include the latest press releases and SEC filings from the company, along with marketing and background information, videos, audiocast conference calls and presentations. Investors will have multiple ways to be notified when new information is posted to the app, including updates through Facebook, Twitter and e-mail.
Malauzai m-banking SmartApps for community financial institutions launched SmarText capability that provides registered users with access to account balances and recent transaction history without having to perform a traditional login on the mobile application. SmarText combines the convenience and speed of text banking with the enhanced user-experience of mobile app-based banking. The function was developed in response to SmartApp usage data compiled by Malauzai that shows logging in as one of the most challenging tasks in mobile banking, mostly due to mis-typed information. The SmartApp usage data also determined that 76 percent of mobile banking sessions are short, and users only check their balance and transaction history during the time they are logged in. To provide a better user experience, Malauzai worked with City Bank Texas to make these features easily accessible to the bank’s customers.
EcoScraps sustainable, organic, chemical- and manure-free lawn and garden products received $250,000 from Chase and LivingSocial as part of the “Mission: Small Business” grant program, designed to increase awareness of the important role small businesses play in local communities. EcoScraps no-chemical alternative soil products and has been able to quickly expand and reach a wide variety of consumers. Participating small businesses from across the country were evaluated based upon their applications which were required to demonstrate a feasible growth plan, creativity, overall passion for their business and the potential to make a positive impact within the local community. A panel of small business experts reviewed nearly 70,000 applications from small businesses across the country and enlisted support from 3.1 million consumers who each voted for their favorite small businesses, for which EcoScraps was one of 12 companies selected.
Boingo Wireless Wi-Fi software and services announced Google Offers is expanding its sponsorship of Boingo Wi-Fi from six New York subway stations and more than 200 Manhattan hotzones, to 24 additional locations across the country. Google Offers will sponsor free and discounted Wi-Fi offerings at eight malls and 16 airports in major cities nationwide, including Chicago, Houston, Los Angeles, New York, Washington, D.C., and Seattle. Google Offers is also extending a discounted Boingo Wi-Fi access offer to travelers at 16 airports nationwide.
Fiserv financial services technology solutions announced six financial institutions have implemented Cleartouch from Fiserv for account processing, online banking, risk management, check capture, mobile banking, document imaging, card production, bill payment and accounting. The Cleartouch bank platform is an integrated, end-to-end solution that delivers real-time capabilities. The banks include Mansfield Bank, a $372-million bank headquartered in Mansfield, Mass.; The Home Building & Loan Company, a $43-million bank in Greenfield, Ohio; Kennebec Federal Savings & Loan Association in Kennebec, Maine; Magyar Bank, headquartered in New Brunswick, N.J.; Webster City Federal Savings Bank, a $91-million bank in Webster City, Iowa; and Winchester Savings Bank in Winchester, Mass.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Delinquencies for U.S. credit card ABS fell for the 30th straight month for unprecedented positive performance while bankruptcy filings fell between 8-10% in 1Q/12 from the year ago period and were down significantly during the period from June 2011 to June 2012 from the year ago period. After peaking in January…