OptConnect wireless ATM solutions and ATMIA has hammered out agreements for which OptConnect will make a financial contribution per wireless unit ordered through the ATMIA website towards the U.S. Defense Fund. Having an adequately funded ATMIA U.S. Defense Fund will enable ATMIA to employ the right professional resources to actively work for the benefit of the industry with lawmakers and other organizations including the Department of Justice, the Federal Reserve Board and the new Consumer Financial Protection Bureau.
LevelUp has expanded to the state of Colorado with its launch at Larkburger, with all seven locations to accept mobile payments with LevelUp. Launched by mobile gaming giant SCVNGR in 2011, is the free app that lets you pay with your phone at more than 3,000 restaurants and shops across the U.S. Available for iPhone or Droid, you simply link up your debit or credit card to the app, which then generates a unique code for you to scan to pay at local businesses like Larkburger. It takes just seconds, and you’re instantly e-mailed a receipt – an eco-friendly LevelUp feature that’s right in line with Larkburger’s dedication to “Keeping it Natural” and minimizing its environmental impact.
Rubicon Project digital advertising technology company launched its “REVV for Mobile” solution, enabling publishers to sell mobile ad inventory through both direct and indirect sales channels. The debut of REVV for Mobile follows the acquisition of Mobsmith in May 2012, giving publishers controlled access to more than 70,000 advertisers purchasing through hundreds of buyer channels and ad buyers safe access to premium inventory and an audience of 650 million global unique users and 200 million U.S. unique users (making it the #2 network in terms of reach as measured by comScore). With the integration of REVV for Mobile, buyers now have access to the same Real Time Trading marketplace for quality comScore 500 mobile inventory.
Micropross received its validation letter issued by EMVCo, confirming the compliance of their test bench with the “EMVCo PICC Test Bench and Test Cases Requirements” version 2.0.1c. This will make sure a contactless smartcard, or a NFC device that operates as a smartcard, behaves in conformance with the criteria defined by EMVCo. Customers using Micropross EMVCo L1 Contactless test bench in their R&D centers can be sure they will obtain the same results they would get at an accredited EMVCo laboratory. The EMVCo L1 Analog Contactless test solution is a member of Micropross Contactless Test Station, allowing customers to performance conformance testing of their prototypes with different standards (ISO 10373-6, ISO 10373-7, EMVCo, ICAO, NFC Forum).
Alfa Insurance has chosen Kony to launch the newest version of its Alfa2GoTM mobile app, offering customers the option of paying bills, filing claims and accessing policy information on their iPhone and Android smartphones. Alfa insurance and financial service providers currently has more than $25 billion in force, and Alfa’s property and casualty companies service more than 1 million policies. Customers who register their policies with MyAlfa can now access policy information or view their auto insurance identification cards through a secure connection on their handheld devices.
Chad Borton has been appointed senior VP, head of Retail Banking for the Company with Fifth Third. Borton comes to Fifth Third from JP Morgan Chase where he held a number of senior management positions including Consumer Bank CFO, head of the Retail Distribution Network responsible for expanding Chase’s branch and ATM network nationally and Retail Market Manager for Chase’s branch network in several Ohio markets. Most recently he served as head of Branch Administration where he was responsible for managing more than 1,000 employees in the delivery of branch operational support for 5,500 retail branches. Borton will report directly to Steven Alonso.
VantageScore Solutions credit scoring model has been named a “Preferred Partner” by the National Association of Federal Credit Unions (NAFCU) Services Corporation, making it the only credit score developer to receive such a distinction. It has been designated a key provider of services to credit unions to help support their growth and productivity and will be providing NAFCU members and other credit unions with critical resources including research-driven white papers, and will offer a wide variety of educational content related to credit scoring through webinars, webcasts, podcasts and other channels via a landing page on NAFCU’s website.
MerchantAccountReviews.biz reviews most of the well-known iPhone payment apps, such as the Square reader. These free devices that attach to a user’s smartphone are especially convenient for both buyers and sellers. Craftspeople, outdoor vendors, nightclub owners and artisans can now accept fast, secure credit card payments in lieu of cash. Non-profit groups can also benefit from accepting online credit card payments, because online merchant accounts allow for accurate recordkeeping.
Mobey Forum industry association driving the evolution of a sustainable and prosperous mobile financial services (MFS) ecosystem has expanded with Mobey Forum North America, a new arm of the association created specifically to address industry issues facing the region. The North American Chapter brings together key players in the marketplace to work through issues impacting the mobile financial ecosystem’s future and accelerate the development of sustainable MFS in this region. Members from American Express, Bank of America, Capital One, CIBC, MasterCard, TD Bank Group, US Bank and Visa, gather together to deliver sustainable, long-term mobile services to the mass market. It welcomes members from any supervised payment institutions, technology companies and mobile network operators.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Berger & Montague announced an historic $7.25 billion settlement on behalf of a class of approximately seven million merchants in the United States with payment card networks Visa and MasterCard and with JPMorgan Chase, Bank of America, Citibank, Wells Fargo and Capital One card-issuing banks. Berger & Montague, P.C. was appointed…
Business owners can now visit a single website to streamline business operations and enhance productivity with the MasterCard Business Network. The MasterCard Business Network is powered by Rearden Commerce’s Deem commerce platform to furnish a personalized and highly-relevant purchasing experience to enable small and middle-market business owners to better manage their cash flow and expenses. It features integrated modules that expand purchasing power to save money on business supplies, simplify and improve T&E planning and streamline expense management to give these business owners a competitive edge. The modules focus on Purchase; Travel and Dining; and Expense.
Heartland Payment Systems appointed Ian M. Drysdale president, network solutions to oversee Heartland’s growth in retail, petroleum and ecommerce markets. He was most recently with WorldPay over the preceding five years as senior VP, product and industry relations. Prior to that, Mr. Drysdale held several executive positions of increasing responsibility during 12 years with First Data Corporation. He holds a Bachelor of Arts in political studies with a minor in business administration from Bishop’s University (Canada) and a Master of Business Administration from Florida Atlantic University.