Unemployment Continues to Decline, -.4% Since June

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total nonfarm payroll employment rose by 148,000 in September, and the unemployment rate was little changed at 7.2 percent, having declined 0.4 percentage point since June. Meanwhile, the number of unemployed persons, at 11.3 million, was also little changed and unemployment has decreased by 522,000 since June, according to the U.S.…

Fiserv Offers Secure Portal Analytics to Banks

Fiserv will offer Guardian Analytics FraudMAP solutions, delivering integrated behavior-based anomaly detection solutions to Fiserv consumer and business banking clients. The agreement provides Fiserv clients with a new option for strengthening layered security and meeting the Federal Financial Institutions Examination Council (FFIEC) expectations for anomaly detection. FraudMAP is widely deployed at leading financial institutions to proactively prevent consumer and commercial fraud. The solution protects against a wide range of account takeover threats including malware, phishing, social engineering, vishing, data breaches, as well as payments fraud. FraudMAP is rapidly deployed and is easy for financial institutions to incorporate into their operations.

Prepaid Visa RushCard Announces Winners of Charity Challenge

RushCard prepaid Visa debit card and CrowdRise crowdfunding Announced its #RiseToThrive Charity Challenge winners. Over the past six weeks, charities dedicated to building prosperous futures for people in neighborhoods all over America served by RushCard, participated in the crowdfunding challenge. Participating charities raised more than $308,000 in vying for $50,000 in awards from RushCard. The top three charities that raised the most money received grants from RushCard include $25k grant, First Place (raised $86,150) — Workshop in Business Opportunities (WIBO), a 47-year old non-profit organization dedicated to helping people in underserved communities realize the American Dream through entrepreneurship. The $10k grant, Second Place (raised $69,402) – Students for Service, an inspiring organization that partners with non-profits in New York City to address hunger, poverty, and the environment. And the $5k grant, Third Place (raised $41,228) – Move for Hunger, an organization the works with relocation companies across America to support local food banks.

RewardsNOW Upgrades its Merchant Funded Rewards Program

RewardsNOW upgraded its online merchant funded rewards program. The upgrade reflects the evolving nature of the market for online shopping and is the first of many exciting changes that are planned for RewardsNOW’s merchant funded rewards program. RewardsNOW is partnering with Massachusetts-based, Azigo, Inc., in offering this enhanced merchant funded platform. Azigo’s online shopping platform offers consumers access to over a thousand national online retailers, yet makes it easy for them to customize the ShoppingFLING program to suit their own shopping preferences. It will soon introduce even more merchant funded program capabilities such as increased and targeted in-store and local merchant offers available through Shop Main Street local merchant rewards program.

Fiserv Unveils New Billing, Payment Solution

Fiserv launched Biller Advantage multi-channel electronic billing and payment platform for small and mid-sized billers. Designed for the segment of billers that send 2,000 to 500,000 bills a month, Biller Advantage makes it practical for these companies to send electronic bills (e-bills) and accept electronic payments through a variety of channels including their website, mobile-optimized website, automated phone system (IVR) or customer service center. Biller Advantage is available as a white-label product to financial institutions and industry-specific service providers in areas such as healthcare, government and property management. With Biller Advantage, financial institutions and other providers can enable their biller customers to reduce costs and potentially reduce the amount of time it takes to receive payments as they eliminate lag times associated with paper-based billing and payment methods. A dedicated module allows a financial institution or other provider to manage administrative functions for their corporate and treasury customers. It will enable e-bill delivery and electronic payments via the thousands of financial institutions throughout the U.S. that offer Fiserv-supported electronic billing and payment services.

Citi ThankYou Cardmembers Now Earn 3 ThankYou® Points Per Dollar

Citi ThankYou Premier cardmembers now earn three ThankYou® Points per dollar spent on dining at restaurants and entertainment. And from weekend getaways to vacations abroad, cardmembers will earn two points per dollar spent on airfare and hotels with their Citi ThankYou Premier Card. Cardmembers now can enjoy triple points on dining at restaurants and entertainment- 3 ThankYou Points per $1 spent on dining at restaurants and entertainment; 2 ThankYou Points per $1 spent on airfare and hotels; one ThankYou point per $1 spent on other purchases; and no foreign transaction fees on purchases. Citi ThankYou Premier has focused cardmember benefits on more opportunities to earn points for purchases at restaurants and on entertainment, airfare and hotels.

Moneris Solutions Partners CenPOS Cloud Payment

Moneris Solutions partnered CenPOS cloud-based payment management solutions for the business-to-business market. Having integrated Moneris’ advanced payment processing function into its cloud-based omni-channel payment platform to transform the payment processing experience for businesses that sell to other businesses, CenPOS will integrate a suite of end-to-end transaction management tools that help B2B increase sales and minimize costs through a variety of innovative reporting tools and interchange management functions. CenPOS consolidates data from payments received through all business channels”face-to-face, online, mobile and electronic bill presentment and payment (EBPP)”into an enterprise data analytics platform. B2B companies can now quickly and easily manage this data and identify opportunities and threats that impact their bottom line.

TransAct Extends Relationship with PCI Gaming

TransAct Technologies extended its relationship with PCI Gaming Authority to bring its Epicentral® promotion and bonusing system to a second casino operated by the tribe following the implementation of Epicentral at Wind Creek Casino & Hotel Atmore in March 2013. The deployment, which is expected to go live in late 2013 and represents an extension of the existing Epicentral system in place at Wind Creek Casino & Hotel Atmore, will bring Epicentral to all 2,500 Class II electronic games at Wind Creek Casino & Hotel Wetumpka and expand the Company’s deployment at PCI Gaming facilities to a total of approximately 4,200 games. The cost-efficient software system that enables casinos to internally develop marketing programs and promotional coupons for distribution to customers on a real-time basis at a machine. The system works with existing systems and games as it operates with a separate and distinct connection to TransAct’s Epic® 950 printer. As a result, casinos can deploy the Epicentral Print System to connect to all existing machines.

First Data Announces New Co-GM, EMEA

First Data electronic commerce and payment processing appointed Marc Overton co-General Manager of Europe, Middle East and Africa (EMEA) and Head of the regions Retail Payments Solutions (RPS) business. He joins First Data from EE, the company that runs Orange and T-Mobile in the UK, where he held the position of Vice President of Wholesale and Machine 2 Machine (M2M). Prior to this, Overton held senior roles at leading mobile and telecommunications companies including Orange, Wanadoo and Three (Hutchison 3G). Overton’s appointment follows First Data’s unveiling of its Clover™ Station earlier this month at Money2020 in Las Vegas. The next generation POS and business management solution, developed for small and mid-sized businesses, is powered by intuitive, cloud-hosted software that comes with everything a business owner needs in one convenient package.

MasterCard Launches Corporate Travel Solution

MasterCard (MA) announced MasterCard Travel Controller to offer travel management companies and their corporate clients the ability to reconcile expenses more quickly and securely, which helps control spending, reduce operational costs and ensure compliance with corporate travel policy. Companies of every size risk tremendous annual budget losses through unmanaged travel activity. These companies look for ways to prevent ‘leakage’ and opportunities for cost savings. Controlling spend to achieve contracted terms and policy compliance is fundamental to effective travel management. Travel Controller provides an integrated solution for issuers, Travel Management Companies (TMCs) and their corporate clients. It is unique in its functionality to match and reconcile 100% of central travel expenses to booking data. The solution also provides companies with the data needed to allocate charges to the appropriate cost centers and allows companies to expand their control over travel spend by setting custom virtual accounts for each transaction.

TSYS 3Q13 Revenues Up 25.6% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] TSYS posted 3Q/13 total revenues of $588.1 million, an increase of 25.6%. Total revenues were impacted by a negative currency translation of $6.4 million. Revenues before reimbursable items were $527.0 million, an increase of 29.8%. Revenues before reimbursable items were impacted by a negative currency translation of $6.3 million. Adjusted EBITDA*…

EFT Source and Centier Bank Presenting on Instant Issuance

EFT Source ATM and debit cards solutions announced its president will discuss how instant issuance impacts customer service on Oct. 22 during the presentation “How Instant Issuance is Shaping Customer Service,” at SourceMedia’s 21st Annual ATM, Debit & Prepaid Forum (3:20 p.m. PT at The Bellagio Hotel). He will be joined by Jeremy Miller, regional vice president of Centier Bank, to discuss how instantly issuing cards establishes your institution as superior in providing convenient, responsive service, improves cardholder satisfaction and loyalty, increases activation rates and maximizes interchange revenue. EFT Source’s patented instant issuance solution, Card@Once, enables financial institutions’ customers to simply walk into a branch and, within seconds, receive a fully functioning, active payment card. When a customer requests a card, the data is securely transferred from the branch location to EFT Source. The data is immediately processed and converted into an encrypted print file that is sent back to the branch electronically.