Delta Air Lines has extended its exclusive co-brand credit card agreement with American Express. The deal includes continuation of Delta as a card-accepting merchant and as a participant in the Membership Rewards program from American Express.
Scotia Security Group has announced its intention to enter the US market with its ATM Cassette Guard device for protecting staff during cash replenishment. ATM Cassette Guard restricts access to the ATM’s cash cassettes during cash replenishment; programmable access codes and a full audit trail ensure complete access traceability, so the opportunity for fraud is extremely low. Integrated security features defend against physical attacks including thermal, cutting and explosives. Scotia Security Group has earned an enviable reputation for advanced banking security products; its customer list includes most major UK banks, many multi – national banks operating in the UK and several building societies. ATM Cassette Guard can be installed very quickly and easily; it uses existing fixing points so downtime is minimal and servicing can be carried out as normal.
VA-based 3Delta Systems is now certified to process payments through Chase Paymentech. Customers using the 3Delta Systems Payment WorkSuite® card processing platform can now submit their transactions to Chase Paymentech.
USA Technologies has landed one of its biggest deals with a large-scale roll out of e-Port with Five Star Food Service. USA Technologies (USAT) is a specialist in wireless, cashless payment and M2M telemetry solutions for small-ticket.
Palo Alto, CA-based Bill.com has introduced Fast Pay, enabling SMBs to pay and get paid faster, allowing precise cash flow management. Now, SMBs in particular can rely on a seamless digital solution without the hassle of going to the bank to send wire transfers or scheduling pickups by FedEx or UPS.
The second largest bank by deposits in Colorado and largest locally owned bank, today announced a person-to-person (P2P) payments system as the newest tool in its robust mobile banking application. With this addition, FirstBank becomes the most recent bank to offer P2P payments through the clearXchange network, providing customers with an easy way to send and receive money via their mobile devices.
Manhattan Beach has delivered another payments anomaly in the current payments ecosystem. Cause Payments automatically contributes a portion of every credit card transaction processed to a charity or school of the merchant’s choice.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features James Nevels a new member of the First Data Board of Directors.
The new Adaptive Fraud Protection from Contact Solutions is a multi-layered, proactive fraud management solution that recognizes and stops fraudsters and nuisance callers before they create havoc in the contact center, while improving overall authentication processes and the customer experience.
Dwolla remittance announces new experience similar to direct deposit. With a paperless, safe way to route payments directly to a recipient’s bank account, Dwolla no longer requires recipients to register for a full Dwolla account and all future payments made to their email address will be routed directly to their bank account in as little as one to two business days. Dwolla Direct users can get access to additional features”like the ability to send or request money”at any time by converting to a free full Dwolla account. The sender can send payments to emails: No need to collect, and then protect, sensitive bank account information to send a payment. Set it and forget it: Once your recipient’s email is connected to a bank account, future payments to the email address will notify the recipient and automatically route the funds to their bank or credit union account.
Alliance Data Systems completed the acquisition Conversant.
Conversant, which will operate under Epsilon, establishes a unique end-to-end marketing services company that will empower clients to more effectively market to their customers across all channels.
Charge-offs among the nation’s top six credit card issuers will likely drop to 2.33% in the fourth quarter, but will likely inch up in the first quarter as delinquency ramps up. The fourth and first quarter are somewhat skewed due to the seasonality denominator.