Allied Payment Integrates Solutions to PicturePay

Allied Payment online and mobile bill payment services announced its FlexPay Internet bill pay solution offers banks and credit unions full integration with Allied’s industry-leading PicturePay® mobile photo bill pay solution, as well as flexible, per-transaction pricing rather than the traditional per-user pricing model. The integration offers several other advantages. FlexPay payees are populated from PicturePay photos, and payee lists are synced between both products. FlexPay seamlessly integrates with any online banking platform to match the look and feel of an institution’s existing website to provide bank customers and credit union members with greater continuity in their online banking experience. Users can also choose from a variety of available user interface formats to match their individual preferences.

LendUp & MoneyGram Announce Partnership

LendUp inked two service agreements with MoneyGram and will enable real-time offline payments for loans issued by LendUp using MoneyGram’s ExpressPayment Service® at 39,000 agent locations in the United States. By connecting LendUp’s mobile platform with MoneyGram’s extensive agent network, borrowers now have another convenient option for loan repayment. MoneyGram’s ExpressPayment Service is the first of several new products that will be available to LendUp borrowers as a result of this collaboration. In the future, LendUp and MoneyGram expect to introduce products and services that make access to credit products through LendUp quicker and more convenient, as well new payment services valued by LendUp customers.

Retail Merchants Working With Payscout

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The use of debit cards has traditionally come at a high price to retail merchants. Retailers have paid upwards of $48 billion a year in “swipe fees”, with nearly $17 billion of that coming from debit card transactions. (1) Transactions processed by debit card had required retailers to pay fees which…

First Data Partners LocalVox for Instant Biz Feedback Solution

Thanks to First Data’s latest solution, business owners can access and use information that can not only help them anticipate those down cycles, but do something about it. First Data and LocalVox brings to small and medium-sized businesses the ability to combine powerful analytics from First Data’s InsighticsSM solution with LocalVox’s multi-channel targeted marketing solution. LocalVox’s marketing automation platform operates across every channel SMBs use to touch their customers – email, social, search and mobile – to ensure a consistent and compelling overall customer experience that drives in-store behaviors. The LocalVox partnership is an investment made by First Data Ventures, which is investing in and partnering with innovators in a number of areas, such as payments, marketing, customer loyalty, security, mobile and solutions that support the next generation of commerce.

Ukash Announces Latest Partnership

Ukash online cash payment provider partnered ZapZap mobile payments wallet, to give mobile users the ability to store, manage and spend their Ukash vouchers on the go. This means consumers who don’t want to use debit or credit cards for online transactions can still make the most of mobile transactions. Customers simply download the ZapZap app to their mobile device. In an industry first, customers in the UK, Europe and the Nordics can then scan their Ukash voucher code using their smartphone’s camera and load it into their ZapZap wallet to spend or transfer funds to friends and family without any delay or security concerns. The ZapZap app lets users to send and receive money from any of their mobile contacts abd receive money from contacts anywhere in the world.

Commerce Bank Kicksoff USA Triathlon Visa Card

USA Triathlon and Commerce Bank partnered to offer USA TRIATHLON members a Visa rewards credit card. The card offers reward points with unlimited earnings, bonus point opportunities, as well as no annual fee. Cardholders can redeem points for thousands of items including cash back as statement credits, gift cards, merchandise, or travel. Additional features include select perks such as special offers on travel, fine wine and food, sports and entertainment. Cardholders also benefit from 24/7 customer service and Visa Signature concierge, Visa Zero Liability coverage1, E-Statements and optional AutoPay.

Gemalto to Acquire SafeNet

Gemalto has signed a definitive agreement to acquire 100% of the share capital of SafeNet from Vector Capital for US$890 million on a debt free/cash free basis.SafeNet technology protects over 80% of world’s intra-bank fund transfers and its 1,500+ employees, including 550 cryptographic engineers, serve more than 25,000 customers, both corporations and government agencies, in over 100 countries. In 2013, SafeNet recorded revenues of US$337 million and profit from operations of US$35 million and expects revenues of US$370 million and profit from operations of US$51 million for 2014. The purchase price of US$890 million is self-funded with US$440 million from available cash, and US$450 million drawn from existing long-term credit facilities. The closing of the transaction is expected to occur in Q4 2014, after approval from the relevant regulatory and antitrust authorities.

National Bank of Abu Dhabi commissions NCR

The National Bank of Abu Dhabi has implemented NCR SelfServ 91, a new hardware platform that will help NBAD transform its branches and extend its retail banking footprint. As the latest in branch banking technology from NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, NCR SelfServ 91 is a modern, sleek, in-branch ATM that can help migrate low-value transactions from the teller line to self-service, freeing branch staff to focus on sales and customer support. When paired with next-generation NCR Interactive Banker software, SelfServ 91 can complete as much as 90 percent of typical teller transactions and connect in-branch employees to server-based software that delivers fast, real-time customer and transaction data to tablet PCs.

Virtual Piggy Offers Business Update

Virtual Piggy commented on its recent business progress, in particular, its Oink digital wallet and its growth to the 1 million-system user mark. The company subsequently plans to increase the size of this base both in the US and internationally across Europe, and to increase engagement levels with the Oink service. The Company is anticipating significant new partnerships, product launches and marketing campaigns to occur throughout August, September and October. Virtual Piggy prides itself on the security, consent and payer identity functionality within the Oink service for efficient ‘family’ purchasing.