First Data financial results for 1Q/13 show consolidated revenue was $2.6 billion, up $27 million by 1% from the year ago period thanks to a $38 million increase in reimbursable debit network fees, postage and other. Net loss attributable to First Data was $337 million, compared to a loss of $153 million a year ago,…
Cardlytics analytics and marketing platform has been recognized by The Atlanta Journal-Constitution for a second consecutive year as one of Metro Atlanta’s Top 100 Workplaces. Cardlytics was selected based on employee survey responses that gauged the direction of the company, execution, work conditions, career paths, management, pay and benefits. Cardlytics has realized consistent levels of market adoption and growth. By deploying technology within its more than 300 partner financial institutions, Cardlytics can leverage all of a household’s purchases to target and measure marketing in a way that fully protects consumer privacy and financial institutions’ data.
Senior executives from Evolution1 electronic payment, on-premise, and cloud computing healthcare solution will be featured speakers in May at premier events including IHC FORUM East, the Windy City Summit, and an AHIP Webinar. Evolution1 is partnering with America’s Health Insurance Plans (AHIP) to share important information on how health plans can continue to be innovative amid the change and dynamics of healthcare reform. Evolution1 now serves nearly 500 health plans, third-party administrators, financial institutions, and software providers across the country, providing healthcare and other reimbursement account services to more than 75,000 employers and more than 9,000,000 consumers.
MoneyGram and Ukash signed a global agreement that will give Ukash customers the ability to send domestic and international money transfers from the Ukash website and receive it at any of MoneyGram’s more than 310,000 locations worldwide or through MoneyGram’s account deposit channels. The initial service will launch in the U.K. later this year with plans to expand into other markets expected shortly thereafter. Ukash operates in 57 countries and has more than 460,000 points of sale.
USA Technologies cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries, highlighted its expanded suite of cashless payment services and next generation ePorts at the NAMA OneShow in Las Vegas last week. Visitors to USAT’s booth were continuous, as customers stopped to learn about the latest mobile payment and consumer engagement tools now incorporated into USAT’s ePort Connect® service for cashless payment and telemetry. The new services are designed to capitalize on the new world of opportunities made possible by connecting businesses to consumers, and consumers to businesses, as industries like vending transition from cash to cashless forms of payment, particularly mobile payment. Through USAT’s new loyalty & prepaid program, business owners have the ability to provide alternative payments capabilities, reach consumers directly, impacting buying behavior before the point of purchase, and reward consumers when they do make a purchase at their machines. The mobile app is designed to integrate with USAT’s loyalty and prepaid program. The mobile app enables consumers to watch how their points accumulate, send loyalty points to friends and locate their favorite vending machines.
The Board of Directors of First Data Corporation announced that Frank Bisignano has been named chief executive officer (CEO) and the board of directors. Previously, Bisignano most recently served as Co-Chief Operating Officer of JP Morgan Chase &Co. (“JPMorgan Chase”), one of the largest providers of banking, lending, treasury, wealth management and investment services that serves 50 million customers, including consumers, small businesses, mid-size companies, corporations, financial institutions, nonprofits and governments. Bisignano also was the chief executive officer for Citigroup’s Global Transactions Services business and a member of Citigroup’s Management Committee and was the Chief Administrative Officer for Citigroup’s Corporate and Investment Bank, a senior executive vice president and Citigroup’s firm-wide deputy head of technology and operations.
Gemalto digital security will provide the swift and seamless migration of Barclaycard Germany’s entire portfolio representing more than 40 credit and in addition three debit products. Gemalto will provide the bank with a complete end-to-end solution encompassing personalization, and fulfillment from its local service center in Germany. Barclaycard is part of the global Barclays banking group and this new contract further extends Gemalto’s partnership with one of the world’s leading payment service providers. Barclaycard has an impressive track record for innovation and an ambitious roadmap for the development of new products and services.
Vantiv payment processing services and related technology solutions announced Patty Walters, senior vice president of merchant products and security at Vantiv, will serve as a key participant at the Electronic Transactions Association’s (ETA) 2013 Annual Meeting and Expo in New Orleans, Louisiana. Walters will moderate the panel EMV is Coming, What ISOs Need to Know on Wednesday, May 1 at 4:00 p.m. CT in Session Room 2. With more than 25 years of experience, Walters is a widely recognized payments industry veteran specialized in EMV, PCI and terminal security issues. She serves on the EMVco Board of Advisors and the Smart Card Alliance EMV Forum Steering Committee.
Cardlytics analytics and marketing platform has been recognized by The Atlanta Journal-Constitution for a second consecutive year as one of Metro Atlanta’s Top 100 Workplaces. Cardlytics was selected based on employee survey responses that gauged the direction of the company, execution, work conditions, career paths, management, pay and benefits. Companies selected received high marks within these categories. Cardlytics has realized consistent levels of market adoption and growth. By deploying technology within its more than 300 partner financial institutions, Cardlytics can leverage all of a household’s purchases to target and measure marketing in a way that fully protects consumer privacy and financial institutions’ data, while strengthening banks’ relationships with customers.
Merchant Warehouse and LevelUp have signed $1 million co-sponsored development fund to support the creation of custom-branded mobile payment apps running on the LevelUp White-Label platform for merchants around the country. Qualifying merchants will be able to tap into the fund to sponsor 25 percent of the cost of a custom-developed LevelUp White-Label mobile payment and loyalty app, along with seamless integration with the Merchant Warehouse Genius™ Customer Engagement Platform. Participating merchants will get financial backing from Merchant Warehouse and LevelUp to cover 25 percent of their development costs for a custom LevelUp White-Label app. This mobile payment app combines the strength of a merchant’s brand with LevelUp’s sophisticated mobile payment, loyalty and security infrastructure.
Shareholders of Diebold elected its board of directors at its annual meeting and declared the second-quarter cash dividend and re-elected company officers. Newly elected directors include Roberto Artavia, chairman of the board, Viva Trust, (Nassau, Bahamas and San Jose, Costa Rica) and Robert S. Prather, Jr., president and chief operating officer, Gray Television, Inc. (Atlanta, Georgia). Re-elected to the board of directors were Patrick W. Allender, retired executive vice president, chief financial officer and secretary, Danaher Corporation, Washington, D.C.; Bruce L. Byrnes, retired vice chairman of the board, Procter & Gamble, Inc., Cincinnati, Ohio Phillip R. Cox, president and chief executive officer, Cox Financial Corporation, Cincinnati, Ohio; Richard L. Crandall, managing partner, Aspen Venture LLC, Aspen, Colorado; Gale S. Fitzgerald, retired president and director, TranSpend, Inc., Bernardsville, New Jersey; Rajesh K. Soin, chairman of the board and chief executive officer, Soin International LLC, Beavercreek, Ohio; Henry D.G. Wallace, executive chairman of the board, Diebold, Incorporated; and Alan J. Weber, chief executive officer, Weber Group LLC, Greenwich, Connecticut.
Identive Group solutions and services for the identification, security and RFID industries, received orders for four million near field communication (NFC) tags to support two large new customer projects. Three million NFC Type 2 tags will be used for a mobile retail application in France and one million NFC TOM™ (Tag on Metal) phone stickers will enable a banking and payment program in Africa. 800,000 of the NFC tags and all of the NFC phone stickers are scheduled to ship during the current quarter. Also the Company’s “Tagtrail” mobile services delivery platform is currently deployed by a leading European mobile network operator (MNO) to drive mobile marketing campaigns in Germany. Tagtrail allows customers to tap their phones to Identive’s NFC tags and receive information about loyalty program benefits, new service offerings and where to find participating merchants and retailers.