hyperWALLET announced integration of its prepaid card products and services with Apple “Passbook,” a feature of Apple’s iOS6. The Apple application supports virtual tickets, boarding passes, coupons and more. hyperWALLET is the winner of the Best in Category for Prepaid Incentive, Reward, Rebate and Loyalty Program at the 2012 Paybefore Awards and will launch its prepaid card Apple “Passbook” service by 2H/13.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor dropped a third of a point from 91.1 to 90.8 in January, as more consumers plan to increase spending on gas and groceries and home improvement purchases. This as consumers who expect the U.S. economy to improve declined by 1 percentage point to 31% and those…
PayLeap, Acculynk’s payment gateway and payments processing solution, signed a strategic agreement with Spindle mobile payments solutions. With this, they will integrate their respective platforms to better serve the global mobile commerce market. The PayLeap payment platform provides multi-functional gateway, acquiring and card processing services for e-commerce, face-to-face, recurring, and online bill payments. Catering to merchants, resellers, and developers, PayLeap provides a secure, single-source solution which includes fraud management, tokenized cardholder data vault, secure checkout with LeapLock, plus developer friendly tools and mobile payment capabilities.
Western Union global payment services, announced a three-year renewal agreement with Walmart Canada, whereby more than 330 Walmart locations will continue to offer its money transfer services. Western Union moves money in minutes to consumers in more than 200 countries and territories worldwide. Consumers can access Western Union services through multiple touch points, including local retail stores, www.westernunion.com, banks, and their mobile phones. Western Union services connect people and businesses with each other around the world.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv financial services technology posted a 4Q/12 revenue of $1.16 billion and adjusted revenue of $1.08 billion. For all of 2012, revenue was $4.48 billion compared with $4.34 billion in 2011 while adjusted revenue was $4.20 billion, up 3% on $4.07 billion in 2011. Adjusted earnings per share from continuing operations…
The CreditCall CEO will join payment industry CEOs to discuss mobile commerce and the market opportunities and challenges for mobile payment acceptance apps at Apps World North America. The mobile payments track includes two panels involving representatives from Verizon, MasterCard, Intuit and PayPal. They will discuss how mobile is transforming the U.S. retail industry and look into market opportunities and challengers for payment acceptance apps. Over 5000 developers, telcos, device manufacturers and industry professionals will participate on nine targeted workshops to discuss and learn about the issues across the app ecosystem.
Viableware formalized its m-wallet strategy involving the leading companies in the mobile payments industry. Viableware demonstrated it’s the platform of choice for payment providers looking to support mobile wallet payments at full-service restaurants around the country. A number of full-service restaurants are currently piloting Viableware’s RAIL payment platform in an effort to securely accept payments at the table. The platform utilizes a fleet of handheld devices designed to replicate the look and feel of the typical leather folder that is the industry standard for bill presentation at full-service restaurants.
MasterCard announced the MasterCard Mobile Payments Global Symposium, offering dialogue on NFC, mobile money and the future of payments. The Symposium is the showpiece mobile payments event within Mobile World Congress (MWC) 2013, the world’s largest mobile conference and exposition. The Mobile Payments Global Symposium agenda will consist of five regional spotlight panel sessions, each exploring evolving trends and key topics related to the future of payments. This includes Mobile payments and driving financial inclusion; creating shopping experiences with a click, tap or touch of a connected device; The role of mobile technology in moving toward a world beyond cash; Mobile money and NFC.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total payroll employment was up 157,000 in January as the unemployment rate increased marginally to 12.3 million for a 7.9% national rate. This after a 155,000 increase in December, when the unemployment rate was 7.8%, or 12.2 million unemployed persons. Those jobless 27 weeks or more was, however, gained some positive…
ampm, BP’s popular West Coast convenience store franchise, agreed to offer MoneyGram’s full suite of consumer products at participating ampm locations in the Western United States, the companies announced. With this, BP is promoting MoneyGram’s money transfer services, bill payments, money orders and prepaid cards to its network of more than 950 ampm franchises throughout Arizona, California, Nevada, Oregon and Washington.
VeriFone Systems appointed Marc E. Rothman executive vice president and chief financial officer and Jay Parsons senior VP, digital media and taxi operations. Rothman joined Motorola through the acquisition of General Instrument in 2000, in which capacity he oversaw all financial activities of Motorola Mobility and led the company’s spin-off transaction from its former parent and eventual sale. Parsons joined VeriFone in September of 2011 and has played an integral role in driving the successful development of VeriFone’s interactive digital solutions platform for the petroleum and retail businesses.
The Center for Financial Inclusion at Accion together with MasterCard launched “Mapping the Invisible Market” research initiative as part of the Financial Inclusion 2020 campaign. This will consist of a series of research papers looking at how demographics, income, urbanization, and other issues affect financial inclusion, at a time when over 2 billion people don’t use formal financial services. The report details how profound demographic shifts in the developing world have implications for how people can save, invest, or transfer money.