In today’s CardFlash News Que: PAYPAL (brand); AMERICAN EXPRESS (school); MERCATOR (P2P); and TSYS (FPS).
PAYPAL (brand) – For the first time in the company’s history, PayPal has been named one of the world’s most valuable brands for 2015, according to Interbrand, the world-leading brand consultancy.
AMERICAN EXPRESS -American Express and the National Association of Secondary School Principals today announced the five winners of the Principals Path to Leadership grant, a giving program created to expand effective principal preparation programs. The winners”selected from more than 70 applicants”will receive a total of approximately $2.5 million to increase their capacity and impact over the next three years with an eye toward long-term sustainability. The grants are awarded at a time of heightened awareness of principals’ crucial roles in school improvements.
MERCATOR – Mercator Advisory Group’s latest research note, European Mobile Person-to-Person Payment Systems: A Changing Environment, says around Europe, consumers are increasingly turning to their mobile devices for a broader range of banking and payment functions. More than 50 mobile person-to-person (P2P) payment services have been launched in recent years to capitalize on this changing consumer preference. These systems or services generally have certain characteristics in common, including enabling payments to individuals or businesses, requiring a smartphone, and having a daily transfer limit. Some services in Europe allow customers to opt to make online payments via their mobile device, but most do not enable payment at the physical point of sale (POS) or cash withdrawals at an automated teller machine, and they tend to be limited to one market or select geographies.
TSYS – TSYS announced the launch of a new relationship with FPS Trust Company and its sister company HealthSavings Administrators. TSYS Healthcare is now collaborating with FPS Trust Company and HealthSavings to support the processing of Health Saving Account (HSA) cards and to produce related card collateral.