Green Dot Corporation has named Joshua Goines General Manager of GoBank, Green Dot’s award-winning, FDIC-insured checking account offering and in this position. Joshua will be responsible for GoBank’s overall strategy and operations. He joins Green Dot from PayPal, where he most recently served as Senior Director, Head of Retail Market Development and played an integral role in overseeing the strategy and execution to grow PayPal’s retail offline business. In this role, Mr. Goines and his team quickly scaled PayPal’s retail acceptance network. He also helped launch and manage a series of key industry partnerships, including Discover Financial Services. Prior to PayPal, Mr. Goines served as Chief Financial Officer of Tempo Payments, Inc., a leading company in the decoupled debit card niche that was named top financial services startup by Fast Company and was acquired by Vantiv. While at Tempo, Mr. Goines developed the strategy for the payment industry’s first SaaS solution that enabled customers to cost-effectively offer co-branded payment cards and which received a CODiE Award for Best Open Source Solution.
PayPal launched PassPort to educate and empower small businesses with free tools to expand their global sales. This provides country-specific guidance on seasonal sales peaks, including holidays and events; cultural customs, taboos and trends; shipping and distribution logistics; currency exchange and fees; and customs procedures and taxes.Becoming a global retailer means looking beyond Valentine’s Day, Mother’s Day and Black Friday as peak selling days and addressing country-specific sales opportunities. Businesses using PassPort will gain insight into the traditions, trends and taboos surrounding Singles Day – the November 11 Chinese holiday that dwarfs Black Friday in ecommerce revenue and is “expected to easily exceed US$10 billion” this year, according to a USDA report. Information on additional top global retail holidays – like Golden Week in Japan and Click Frenzy in Australia – will prepare businesses to expand their sales and reach more potential customers.
Advancing branch transformation initiatives to migrate teller transactions to the self-service channel, Elan Financial Services has certified two Diebold, Incorporated technologies on its transaction processing network. The processing and payments services provider approved both Diebold’s Opteva® Branch Performance Series™ in-lobby teller (ILT) terminal and Concierge Video Services™ offerings. The certifications ensure that Diebold’s solutions will run seamlessly within the Elan network, helping to accelerate the solutions’ pace of adoption by financial institutions. These branch transformation certification initiatives are powered by Diebold’s Agilis 3 software, which enables a consistent multi-channel consumer experience and transaction support. Elan delivers ATM processing and payments services, providing transaction processing, terminal driving and monitoring and support services.
TSYS was honored by Visa for superior service quality in issuer processing authorizations. TSYS received two 2013 Visa Service Quality Performance Awards for lowest assured transaction rate and lowest transaction response time. Visa Service Quality Performance Awards were created in 1992 to recognize members and processors for their outstanding operating performance and focus on service quality improvement. Within each tier, members and processors are recognized for exceptional performance in key operation areas directly affecting their customers. TSYS won in tier 1 for multinational high volume companies. The Lowest Transaction Response Time award recognizes issuer processors that build and support brand preference for Visa by performing authorizations quickly.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Speaking at the U.S. Chamber of Commerce 10th Annual America’s Small Business Summit and Small Business Expo this week, the PCI Security Standards Council (PCI SSC), an open, global forum for the development of payment card security standards, initiated a call for 50 organizations to step forward in a collaborative effort…
Joshua S. Rosenblatt has joined the Frost Brown Todd (FBT) Nashville office as part of the firm’s new electronic payments industry team. With experience representing and advising clients in complex mergers and acquisitions, securities law and general corporate law, his practice has primarily been focused in the electronic payments and healthcare industries. He has served as lead associate counsel for several mergers/ acquisitions in the $100-750 million range, while also having assisted small start-ups, large entities and public companies in a wide scope of operational and strategic business matters. Rosenblatt will oversee the electronic payments industry team to serve clients in this technology driven and rapidly evolving industry both domestically and globally. Frost Brown Todd’s Nashville team is anchored by more than 30 attorneys counseling current and future business leaders.
International (excluding the USA) Gross Dollar Volume (GDV) for Visa (VS) and MasterCard (MC) debit cards rose 5.7% year-on-year (Y/Y) in the first quarter (Q1/14). MC’s growth in Q1/14 international debit cards GDV growth outpaced VS by 16-to-1 margin, according to CardData. However, VS still controls nearly two thirds of the international debit card GDV market.
Visa Inc.and FIFA’s exclusive Financial Services partner for the 2014 FIFA World Cup Brazil, today shared its global FIFA World Cup activation program, which will enhance the sporting experience for millions of fans, clients and partners in 104 countries worldwide. Engaging film and print spots featuring Nobel Peace Laureates, alongside dynamic and interactive social engagement programs, and a seamless in-stadium payment technology experience, enables fans at the tournament, or anywhere in the world, to be part of the FIFA World Cup celebration.
San Francisco-based Square has unleashed Square Invoices to help sellers get paid fast with free unlimited invoices and no monthly service fee. Now sellers can accept payments in person, online in Square Market, and through Square Invoices for the same low 2.75% transaction price. Sellers can track all sales from their Square Dashboard, making it easy to manage all of their business operations from one place.
SEEKING REAL “GUARDIANS OF THE GALAXY!” Walt Disney Studios Motion Pictures, Marvel Studios, Dolby® Laboratories and Visa Signature are joining forces for a nationwide MARVEL’S “GUARDIANS OF THE GALAXY””GUARDIANS OF GOOD contest in conjunction with the August 1, 2014 release of Marvel’s “Guardians of the Galaxy,” starring Chris Pratt, Zoe Saldana, Dave Bautista, Vin Diesel and Bradley Cooper. MARVEL’S “GUARDIANS OF THE GALAXY””GUARDIANS OF GOOD invites real “Guardians of the Galaxy,” young men and women (ages 14-18) from across the United States, to share their stories of how they are bettering their communities through service, science or innovation, and gives them the opportunity to connect with a galaxy of Peer Guides”who are already doing great things”to learn from their successes. Entries will be accepted between June 11, 2014 and June 29, 2014.GUARDIANS OF GOOD INNOVATION & SERVICE SUMMIT is scheduled to include presenters from NASA/JPL, speaking on the monitoring and protection of Earth through asteroid detection and Earth-observing satellites and ensuring the safety of Mars spacecraft during a comet encounter, Disney Imagineers, generationOn, Broadcom MASTERS®, Discovery Science Center, & Disney Global Community Outreach.
Green Dot Corporation today announced it has named Joshua Goines as General Manager of GoBank. GoBank is Green Dot’s award-winning, FDIC-insured checking account offering and in this position, Joshua will be responsible for GoBank’s overall strategy and operations.
Credorax appointed Joshua R. Floum to its board, who will bring to the role 30 years’ experience in financial services, payments, advanced technologies, governance and risk initiatives to further facilitate Credorax’s growing business and increasing market share worldwide. Floum served as the Executive Vice President and General Counsel at Visa, Inc., reporting to Visa Inc.’s Chief Executive Officer and serving on its Executive Committee. Floum was instrumental in guiding Visa through its merger and birth as a global public company, which represented one of the largest IPOs in US history. Floum devised the company’s “retrospective responsibility” plan, which shielded the new organisation from legacy legal liabilities and built Visa’s legal and government relations departments to global world-class scale.