TSYS posted 1Q/12 total revenues for 1Q/12 of $461.2 million, up 7.4% from the year ago period. Before reimbursable items, revenue totaled $395.2 million, up 9.0% for the quarter. Meanwhile, strong same client transaction growth was 14.4% in the card issuer processing business; POS transactions, excluding deconverted clients in our indirect business, was up 11%…
Chase Bank announced its “QuickDeposit” solution has been nominated for Best Use of Device Camera and Utilities and Services (Tablets and all Other Devices) and Chase Person-to-Person “QuickPay” is an honoree in the Utilities and Services (Handheld Devices) category for mobile apps in the 16th Annual Webby Awards. Hailed as the “Internet’s highest honor” by The New York Times, The Webby Awards, presented by the International Academy of Digital Arts and Sciences (IADAS), is the leading international award honoring excellence on the Internet. Webby Awards are handed out for categories in Websites, Interactive Advertising and Media, Online Film & Video and Mobile. As a nominee, Chase “QuickDeposit” is also eligible to win a Webby People’s Voice Award, which is voted online by fans across the globe. From now until April 26th, Chase fans can cast their votes at pv.webbyawards.com.
PULSE launched the PULSE “Debit Dashboard” web-based tool for financial institution participants that delivers unparalleled access to their debit data. The “Debit Dashboard” allows participants to better understand the economics of their debit programs by identifying trends, analyzing metrics and benchmarking themselves against industry peers. The dashboard application provides issuers the ability to review data about the use of their PULSE products, select defined time periods for each metric, and segment and aggregate by card groups.
NACHA added State Bank and Trust Company as a Direct Financial Institution Member. NACHA oversees the Automated Clearing House (ACH) Network, utilized by all types of financial institutions as a safe, secure, and reliable network for direct account-to-account consumer, business, and government payments, and annually facilitates billions of Direct Deposit via ACH and Direct Payment via ACH transactions. State Bank may now vote directly on Rules ballots, nominate candidates to serve on NACHA’s Board of Directors, and participate in NACHA Councils, along with other 47 direct members, consisting of 30 financial institutions and 17 regional payment associations.
NTC Texas, a payment processor representing Elavon Global Acquiring Solutions throughout the United States today unveiled Superior Payments for QuickBooks, enabling credit cards, ACH (automated clearing house), EFT, (electronic funds transfer) and electronic check conversion which uses a powerful and secure payment gateway with an NTC TEXAS merchant account. Superior Payments for QuickBooks is the…
The unlocked Galaxy Nexus went on sale on Google Play. This unlocked phone provides a pure Google experience offering access to the latest and greatest apps including Google Wallet. With the pre-installed Google Wallet app, you can easily make purchases and redeem offers with a tap of your phone. And when you set up your…
UMB Bank, a subsidiary of Financial Corporation (NASDAQ: UMBF), in alliance with Dynamics Inc., introduced an innovative payment platform, ePlate™, a device allowing consumers real-time tangible rewards value, revolutionary personalization options and exclusive access entertainment. UMB Bank”a leader in payment platform solutions”is issuing the ePlate™ device. The ePlate™ device uses innovative technology to allow the…
SafetyPay, a secure payment facilitator and clearinghouse benefiting online shoppers, online merchants and banks worldwide, announced that it has secured its first patent for intellectual property protection from the US Patent and Trademark Office. The patent (No. 3,696,981) relates to electronic payment and financial clearinghouse services allowing individual and corporation shoppers to make online purchases…
PayNearMe, the cash transaction network, announced the availability of a new mobile cash payment system, changing the way millions of consumers pay their bills and purchase goods or services. Deploying this option, Greyhound and Progreso Financiero became the first companies to offer the 25 percent of U.S. consumers who lack credit or debit cards or…
Global e-shoppers spend on average 22% (US average: 23%) of their annual outgoings on goods and services online, shop for 5 hours a month (US average: 5.4), watch TV whilst shopping online (global: 46%, US: 59%) and make the majority of their purchases at 20:40 (US: 10:30am), according to the Global Online Shopper Report commissioned…
payworks and PAY.ON AG have partnered on mobile payment solutions. payworks develops both turnkey white-label products and modular components, making it easy for payment providers, banks and telecommunications providers to enter the emerging mobile payment market and now clients of PAY.ON’s payment processing platform ‘PaySourcing’ can now rely on a professional partner for future mobile payment projects. The ‘payworks.terminal’, for example enables payment providers to release their own mobile POS solution, allowing small retailers to accept card payments easily at the POS, the only requirement being a smartphone with internet access. An optional card reader can be plugged into the phone for faster processing.
TSYS has been recognized the Industry Partner of the Year Award at The VRL Middle East Prepaid Awards. The award was given in recognition of TSYS’ influence over the region’s prepaid initiatives during 2011. Abu Dhabi Islamic Bank, a TSYS client and a leading Islamic financial group in the Middle East region, also won a special award for its newly launched Darhoom Card ” a prepaid youth card designed to promote financial responsibility for younger generations, supported by TSYS’ PRIME card management software.