MoneyGram announces its appointment of execs in two strategic growth areas. Yogesh Sangle has joined MoneyGram as senior regional director for Asia, and Andrew Typrin joins as the company’s vice president of the global MoneyGram Online business.Sangle has more than 15 years of experience in banking and payments solutions in online payments, digital marketing, and sales and product management. Typrin previously supported Amazon’s global expansion and led strategy development and execution for payments acceptance. He formerly founded a consumer payments company, National Payment Network, gaining extensive experience in building and executing new business ventures. Typrin will lead the expansion of MoneyGram Online, focused on building an exceptional and innovative online customer experience.
RBC introduces Express Mobile for business customers to view balances and/or transactions for their business deposit accounts; transfer funds between accounts; approve payments and transfers made by other users; and find an RBC Royal Bank branch or ATM.
Square launched an integration with IFTTT (If This Then That). Sellers can now seamlessly integrate their Square data with IFTTT to trigger customized automated actions that streamline business operations and help their day run more smoothly.The IFTTT service enables anyone to create powerful connections with one simple statement: if this then that. Sellers can link their Square account to IFTTT and create custom “recipes” that integrate their Square payment, refund, and settlement data with other products and services like SMS, Google Drive, Twitter, or email. For example, if a Square business makes a big sale then a congratulatory email could be sent to employees automatically via IFTTT. Likewise, if a large refund occurs at a store, the manager can use IFTTT to set up a text alert to follow up with the customer.
Visa Europe sets big plans to expand V.me and announces a €200 million investment to support the development of its European digital payment services. Recently, Visa Inc. announced Visa Checkout thar replaces V.me by Visa and is being offered in the United States, Canada and Australia.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa continues to amaze as profits for the second calendar quarter hit $1.36 billion, an 11% gain over the year ago quarter. (Visa Inc. does not include Visa Europe.) Payments volume growth, on a constant dollar basis, for the three months ended June 30th was up 11% over the prior year…
Top Visa and MasterCard issuers continue to realize the rewards of lower delinquency as ratios drop significantly in the second quarter to new bottoms. Chase, the nation’s top issuer. posted a 20 basis points (bps) sequential decline and a 28 bps annual decline in 30+ day bank credit card delinquency in the second quarter.
POS and cashless vending solutions accelerate Apriva’s rapid growth since 2010. AprivaPay Plus, Apriva Vend, Apriva POS Universal Application, Apriva Campus Solutions and Apriva Integration Services all contributed to the huge success.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Shazam Network has announced an with MasterCard to provide all members of the Shazam Network with an EMV license for MasterCard products. The intention with this agreement is to provide merchants and issuers routing choice for contact and contactless payments supporting PIN, signature or no cardholder authentication. The Shazam Network…
LendingTree launched its personalization platform, providing consumers with completely free credit scores and analysis, access to monthly updates, detailed account insights and proactive, market-based offers to illuminate potential savings opportunities across multiple loan categories. Once a free account is created at LendingTree, users are provided with their current credit score using VantageScore 3.0. Introduced in March of 2013, VantageScore 3.0 is the first credit score model to be built on post-recessionary data, and it has the ability to generate a credit score for 30-35 million more consumers than traditional credit scoring methodologies. The VantageScore model is a tri-bureau credit scoring model that is uniquely able to be deployed at all three national credit reporting companies (CRCs), Equifax, Experian and TransUnion, resulting in more consistent credit scores and less confusion among consumers.
Botswana deploys high tech ATMs in a deal with Bytes Managed Solutions, Barclays and NCR. However, substantial adjustments had to be made to the ATMs for the Botswana market. Currency note templates had to be developed and then tested rigorously for correct note detection and rejection.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] UL qualified its Collis EMV Personalization Validation Tool through MasterCard. Professional testing of personalized MasterCard EMV/PayPass cards is essential to ensure global card acceptance. In addition, debit MasterCard cards issued in the U.S. must support the MasterCard AID and the U.S. Maestro AID in order to fulfill unaffiliated network routing requirements…
New TSYS ProPay solution offers access to the largest trusted identity network of shared intelligence, and provides insight into positive and negative behavior and threat intelligence ” for both online personas and devices ” using trust-based authentication. The secret weapon is the ThreatMetrix Global Trust Intelligence Network.