Fico Appoints Capital Management Practice Head

Fico analytics and decision management technology has hired Nicola Pearce to lead the company’s initiatives around capital management and banking regulations in Europe, the Middle East and Africa (EMEA). Pearce is a senior risk professional with more than 10 years of risk management consulting experience with major financial services providers and consulting firms. Prior to joining FICO, Pearce led Moody’s Analytics consulting practice across EMEA, where her team built Basel models and undertook independent credit assessments and benchmarking, process reviews, and default rate reviews. She holds a Bachelor’s degree in Chemistry and a Master’s degree in Instrumental and Analytical Methods Biological and Environmental Chemistry from the University of Warwick.

MasterCard Strngthens Effort to Boost US EMV Migration

MasterCard has proposed the formation of a cross-industry group designed to promote collaboration and alignment between networks, issuers, merchants, manufacturers and other groups in the implementation of EMV technology in the United States. The group would focus on providing guidance on non-proprietary technical issues, standardizing the consumer experience, and creating a set of common terms, descriptions and guidelines for EMV-enabled devices and terminals.MasterCard emphasized the need for industry alignment regarding the implementation of EMV standards, as well as introducing the need for securing all channels including the ATM.

Genpact and Ariba Partner on Procure-to-Pay Solution

Genpact Limited business process and technology management and Ariba commerce network expanded their alliance beyond invoice solutions to encompass the full suite of Ariba’s cloud-based collaborative business commerce solutions into Genpact’s source-to-pay offering. Genpact will combine Ariba’s solutions with its comprehensive service offerings to create a new turnkey offering that will enable medium to large enterprises to improve their visibility into the procurement process and drive greater cost savings. The news came during Ariba LIVE Barcelona, the business commerce event of the year. The joint solution will provide clients with access to all aspects of the Ariba Collaborative Commerce Platform including cloud-based applications; a community of partners; and
Capabilities in the form of best practices and community-derived intelligence.

PayOne and T-Mobile USA Partner for mPayment

PayOne mobile payments forged a direct carrier billing relationship with T-Mobile USA. PayOne’s Mobile payment services and PGCN is available to merchants worldwide, connecting over 4 billion consumers with merchants in over 80 countries across 1200 operators. PayOne’s solutions span virtual currency and goods, digital services, mobile in-app purchasing, and remote convenience purchases such as city parking or movie tickets.

Elavon Launches Mobiel Payment Solution

Elavon global payment solutions provider has launched its “MobileMerchant” payment solution that transforms mobile devices into payment terminals, allowing businesses to accept card payments quickly and securely anywhere, anytime, without a major investment of money or effort. MobileMerchant’s payment app is paired with a Chip and PIN card reader, allowing payments to be processed using BlackBerry® or Android® smartphones and tablets. Targeting small businesses on the go, “MobileMerchant” is also useful for companies with mobile field operatives that would like to extend the convenience of credit and debit acceptance to their customers.

USA Technologies Hits Performance Milestones

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] USA Technologies, a leader of wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries announced that it had achieved two significant performance milestones in May”its ePort Connect® customer base climbed to over 3,000 and connections to its ePort Connect service crossed the 155,000 mark. Compared to just one…

PayPal Partners ShopKeep POS

Allowing customers to check-in with PayPal and check out at the register at nearly 2,000 merchants with the iPad POS solution from ShopKeep POS, the companies partnered for PayPal cardless payment acceptance at the flat rate of 2.7%. PayPal customers check-in at participating merchants with their PayPal iPhone app. At checkout, the customer’s name and photo will appear on the ShopKeep POS iPad register. The cashier identifies the customer and finalizes the transaction. Once the transaction is complete, the customer is automatically checked out of the store and receives an email receipt of the transaction

Erply integrates PayPal mPayments

Erply cloud-based POS software forged its strategic integration with PayPal to provide businesses a new way to accept mobile payments and manage business operations. Consumers can simply “check-in” on their smart phone to their favorite stores and pay with PayPal. Retailers can accept payments from a consumer’s mobile device and bridge the gap between the physical and online worlds, by allowing retailers to get more insight into their customers to deliver more personalized shopping experiences to help drive traffic to their stores through PayPal’s popular mobile application. The ERPLY solution is unique in that it deploys a multi-platform from iPad and/or the web to its proclaimed Windows client which allowing retailers to run sales both online and offline while social media services are also integrated.

BluePay Launches Remote Credit Card Processing

BluePay all-in-one credit card processor and online payment gateway provider made available processing for small business solutions with virtual terminals, mobile credit card processing and wireless options. BluePay’s virtual terminal targets merchants working from home, or for those accepting primarily Mail Order Telephone Order (MOTO) payments, because they allow merchants to manually enter credit card sales from any computer with an Internet connection. Mobile and wireless processing options let small business merchants accept credit card payments anywhere; mobile options accept payments from merchants’ cell phones, while wireless terminals are compact and portable.

Mac Platform Available for Wells Fargo RDC Through Panini

Wells Fargo now supports Macs for remote deposit capture through Panini scanners with iMac, MacBook Pro, MacBook Air, Mac mini, and Mac Pro computers. The CEO Desktop Deposit service, a proprietary Web-based remote deposit service which does not require a software download, is ideal for businesses that receive most of their payments by check, because it allows them to make deposits from any business location at any time, whether or not a physical bank location is close by. Enrollment and items deposited have soared by double-digit percentages each year since, and Wells Fargo ranks No. 1 in remote capture volume and locations for 2011.

Bank of America to Sell Remaining Interest in Archstone

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bank of America announced that it and Barclays Bank PLC have entered into an agreement with Equity Residential and Lehman Brothers Holdings Inc. pursuant to which Bank of America and Barclays will sell their remaining 26.5 percent interest in Archstone, a privately-held owner, operator and developer of multifamily apartment properties, for…

Lehman Brothers to Acquire Remaining Stake in Archstone

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Lehman Brothers Holdings Inc. announced today that it has exercised its right of first offer to purchase the remaining stake in Archstone held by affiliates of Bank of America and Barclays Capital (“the Banks”), which will give Lehman full ownership of Archstone. This transaction follows Lehman’s purchase in January 2012 of…