SRS|Shareholder Representative Services announced the company will operate two affiliated lines of business ” SRS and Acquiom ” under a single parent company: SRS|Acquiom (srsacquiom.com). One line of business, SRS, manages all post closing activity in private M&A transactions to maximize deal value and safeguard the interests of selling shareholders. The global leader in shareholder representation, SRS reached a new milestone in 2013: engagement on a total of 575 deals comprising $86 billion in aggregate deal value since the company’s founding in 2007. SRS represents 58,000 shareholders including 500 of the top venture capital and private equity funds.
Fiserv announced Greenville Federal has selected the DNA account processing platform and a host of add-on solutions to better serve its nearly 12,000 customers. The Fiserv solution set provides the $150 million asset bank with a deeply integrated enterprise platform to improve efficiency and drive growth. DNA from Fiserv is the first open, person-centric core banking platform built for collaboration. DNA was developed using Microsoft’s leading .NET Framework for a state-of-the-art core platform that banks and credit unions can rely on for the long-term. With DNA, Greenville Federal benefits from 24/7 real-time processing, robust retail, mortgage and commercial banking capabilities, as well as a 360 degree view of its retail and business relationships. Integration with DNAweb, Mobiliti and Popmoney will help Greenville Federal offer a real-time digital banking experience with the ability to send and receive social payments.
American Express and the NBA will take basketball fans behind-the-scenes of NBA All-Star 2014 with its “Off the Court” digital destination, which connects fans to some of their favorite players through shared personal passions and interests, including basketball, fashion, travel and music. American Express and the NBA will once again take basketball fans inside NBA All-Star Media Day and present the first-ever American Express “Off the Court” Rookie Roundtable giving them unprecedented digital and live stream access to players they love. These live streams will allow fans to submit their own questions to players via Twitter. Fans can also chat with each other online, reacting to player’s comments and join in on the excitement. The NBA All-Star Media Day live stream can be viewed on “Off the Court” at nba.com/offthecourt on February 14, beginning at 1:30pm EST. This is the second year, the global live stream courtesy of American Express will allow fans to watch four Eastern Conference All-Stars and four Western Conference All-Stars respond to media questions live. American Express is offering new ways for fans to experience the action of NBA All-Star 2014 by releasing NBA All-Star Mini Movies presented by American Express throughout the weekend.
Oberthur Technologies announced its involvement as the supplier of the latest generation of high end NFC SIM card – “dragonFly”, in the first NFC commercial project jointly launched by top operators in Russia. The project concerns public transportation payments in Kazan, Russia. This NFC project has been launched in order to provide the city with a solution aimed at increasing the convenience of using public transport in Kazan, and to promote its use through the introduction of non-cash fare payment via a mobile phone. In addition to the transport ticketing service, some of the operators offer subscribers a combination of transport and payment services based on NFC technology. This brings NFC services in Russia to a new level: from a single NFC service to a multiple offering.
Card Commerce is now trading as Savvy. Card Commerce was founded in 2004 and has acquired an outstanding reputation for its closed loop prepaid services in Ireland and the UK. We count Barclaycard, Elavon, Mitchells & Butlers, Greene King, Tragus, Prezzo, Manchester Metropolitan University, Signet, Smyths Toys, Eason & Son and Caffe Nero amongst our customers. Everything that made Card Commerce such a success is now available to our customers under the Savvy brand. Under new branding, the company is more focused on a holistic approach to customer engagement, from the initial plan to the resultant profit.
A bit mind boggling, but Visa Inc.’s annual global gross dollar volume is nearing the $7 trillion milestone with nearly 90 billion payment and cash transactions in 2013. If Visa Europe (which is separate from Visa, Inc.) was considered it would add at least another $2 trillion. Therefore, the Visa brand could be the $10 trillion “baby” by 2016, according to RAM Research.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] First Data January SpendTrend same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million U.S. merchant locations- serviced by First Data- shows dollar volume growth of 2.5%. This slowed from December’s 3.4% growth as severe winter weather pummeled the Midwest and eastern…
Credit and debit card gross dollar volume on Visa and MasterCards in Canada rose 2.7% in 2013 to $383 billion. However, on a constant dollar basis, Visa’s Canadian GDV rose 5.3% to $252 billion and MasterCard’s Canadian GDV, on a constant dollar basis, rose 6.7% to $131 billion. Visa Canada continues to rule the market with a 65.8% market share last year, compared to a 66.0% market share in 2009. Over the past five years Visa’s Canadian GDV is up 39.2%, from $181 billion to $252 billion. During the same period MasterCard has grown by 40.9% from $93 billion to $131 billion.
Merchant Customer Exchange (MCX) today announced that it will add Paydiant’s cloud‐based, white label platform to its custom developed mobile commerce infrastructure. MCX is a group of leading merchants dedicated to improving the shopping experience by offering consumers a widely‐accepted, customer‐focused and secure mobile commerce platform. MCX merchants represent more than 70 prominent brands with 110,000 locations that process more than $1 trillion in payments annually.
Fiserv announced its “Device Manage” device monitoring, performance measurement, and service dispatch and management system is now available as a software as a service (SaaS) solution. Even in a hosted environment, users can still configure Device Manager to fit their needs. Standard reports and dashboards can easily be supplemented with customized reports and queries using an easy-to-use, drag-and-drop report designer. Device Manager provides robust device management capabilities that automate the end-to-end process of detecting and resolving problems across an organization’s self-service device network.
PNC Merchant Services announced a new tablet-based point-of-sale system for restaurant owners/managers, Clover Station from First Data Corporation. It features high-resolution touch screen. cloud technology and allows merchants to process transactions even if the Internet connection is disrupted. It also offers its App Market, allowing new apps for download anytime with options to assign and transfer tables between servers, or to establish special pricing during happy hour. It also simplifies management duties for access to employee timecards, transaction reports and inventory management.
Payfont announced those joining their Advisory Board. They include Professor Lachlan MacKinnon, who currently holds the role of Professor of Computing Science at the University of Greenwich and held the immediate past Chair of the UK National Committee of the Council of Professors and Heads of Computing. Payfont have also brought on board Gordon Moir, an advisor on global regulatory and anti-trust issues, and he was named as one of the UK’s Top 100 Lawyers. The third member of the trio, like Lachlan MacKinnon, is also from an academic background. Bill Buchanan is a Professor of Computing at Edinburgh Napier University, and leads the Centre for Distributed Computing and Security.