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.
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.
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…
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.
Gross dollar volume (GDV) for Visa and MasterCard, among the Latin American Caribbean countries (LAC), rose a mere 6.1% last year, better than the 5.8% growth rate in 2012, but significantly lower than the 24% gains in 2010 and 2011. Visa holds a 76% share of the LAC GDV market and grew 4.4% in 2013 to hit $1,078 billion. MasterCard was up 12.2% last year, rising to $340 billion. Over the past five years Visa’s LAC GDV jumped 69.4% and MasterCard soared by 90%.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MoneyGram posted 4Q/13 and FY/13 revenue, both up 10% on the previous year. Total 4Q revenue was $385.8 million, an increase over the prior year of 9 percent on a reported basis and 8 percent in constant currency. Money transfer revenue increased to $340.0 million, representing growth of 11 percent over…
Vodafone and MoneyGram announced their partnership allowing consumers to transfer funds directly from around 200 countries to the millions of users of M-Pesa. The agreement will allow consumers who visit MoneyGram’s 334,000 agents across the globe to send funds directly to M-Pesa accounts. MoneyGram customers can also transfer money to an M-Pesa user through moneygram.com or via a mobile app, available on iPhone, Android and Windows 8 phones. M-Pesa – which allows customers to pay bills and withdraw, transfer and deposit money easily – is now available in the Democratic Republic of Congo, Egypt, Fiji, India, Kenya, Lesotho, Mozambique, South Africa and Tanzania.
Revel Systems today announced a new Bitcoin integration that makes accepting Bitcoin easier than ever. Users of the Revel POS can now accept bitcoins as payment, giving their customers even more ways to pay. Revel is currently the only major point-of-sale platform that has embraced Bitcoin as a payment option for enterprise and small businesses. Revel Systems is announcing a new Bitcoin integration, making it even easier for Revel POS users to accept Bitcoin as a form of payment. Revel is working with Bitcoin wallet provider Coinbase to provide a hardware/software solution that allows users to seamlessly accept Bitcoin into the current Revel iPad POS. The Revel app has already been submitted to the Android® store, and an iOS app has been submitted to the Apple® app store.
ScanSource® POS & Barcode is pleased to announce that it has expanded its relationship with Motorola Solutions. Through this expanded relationship, ScanSource POS and Barcode will now offer Motorola Solutions’ Industrial Mobile Computing (IMC) products (formerly known as Psion). By offering these products, ScanSource resellers will have access to Motorola Solutions’ complete enterprise portfolio, including mobile computing products that are designed for extreme work environments. Motorola Solutions’ IMC solutions include vehicle-mount products, non-incendive devices that safely operate in hazardous areas found in a number of applications, rugged handheld mobile computers, and enterprise handheld PDAs.