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.
BlackBerry Limited today announced a new three-year agreement with EnStream LP, a mobile payments joint venture owned by Canadian wireless carriers Bell, Rogers and TELUS, to provide a secure platform that supports transaction services between leading banks and consumers. EnStream will leverage BlackBerry’s proven and reliable infrastructure to enable financial institutions, including Royal Bank of Canada, TD Bank Group, CIBC and Desjardins, and mobile operators to securely provision sensitive payment card credentials into any smartphone capable of near field communication.
First Data and Wipro Ltd (WIT) outsourcing company forged a strategic partnership to develop, implement and test the First Data VisionPLUS and AccessPLUS suite of software solutions. VisionPLUS is a payment processing solution for financial institutions that enables the issuance and processing of credit, debit, commercial and prepaid cards, as well as consumer loans, loyalty and merchant accounts on a single platform. AccessPLUS, offered with VisionPLUS, is a suite of business process management solutions that drives operational staff efficiency in servicing customers and supports portfolio parameter management. Wipro joins the international ecosystem that enables First Data to bring application support services and innovation to clients using the VisionPLUS and AccessPLUS licensed software solutions.
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.
Google Wallet Instant Buy makes checkout on mobile sites and Android apps easier and help shoppers speed through the purchase process and is now available through iOS apps. Merchants and developers selling physical goods and services can use Instant Buy for easy integration that works with existing payment processors and secure payments with 24/7 fraud monitoring. There are no Google fees and merchants can simplify their mobile checkout. Select early partners, including B&H, Eat24, Fancy, Newegg, Sionic Mobile and Wish, to integrate Instant Buy into their iOS apps. We are excited to open the Instant Buy iOS API and welcome more developers to sign up today.