Citi Members to Use Points for Tickets to Live Nation Concerts

Citi is giving customers another way to get tickets to see their favorite music live through its Citi ThankYou Rewards. Members can redeem their “ThankYou Points” directly to purchase tickets to sought-after performances on LiveNation.com. Through Citi’s relationship with Live Nation and the Citi® Private Pass® program (www.citiprivatepass.com), customers already can enjoy exclusive ticket presales, preferred tickets, VIP experiences and access. Now, Citi ThankYou Rewards members (www.thankyou.com) can use their points to buy tickets to concerts at Live Nation venues.

Fiserv to Drive E-Bill Adoption

Fiserv announced the launch of E-bill Introduction, a new feature within the widely used CheckFree® RXP® payment suite. E-bill Introduction offers consumers an opportunity to receive electronic bills (e-bills) via their online banking service for an introductory period during which they also continue to receive paper bills in the mail. Pilots of the feature conducted with five financial institutions delivered solid results, with consumers enrolled in the pilot activating three times more e-bills than consumers who were not enrolled. E-Bill Introduction utilizes a 90-day introductory period to enable consumers who already pay their bills electronically to experience receiving e-bills at their financial institution firsthand. During this 90-day period the consumer receives an e-bill via online banking and a traditional paper bill in the mail. Following the trial period consumers can opt to continue receiving e-bills and turn off their paper bill, or the e-bill will be discontinued and the consumer will continue to receive a paper bill.

Wright Express, PaySpan Launch Virtual Payments Solution

Wright Express Corporation value-based business payment processing and information management solutions forged agreements with PaySpan healthcare payments and reimbursements processors, to bring its single-use virtual payments solutions to the healthcare industry. With more than 25 years of payments expertise, PaySpan, Inc. is a trusted source of innovative healthcare reimbursement solutions that Empower the Healthcare Economy™. PaySpan provides financial networking and reimbursement solutions for more than 100 healthcare payers, 335,000 providers and 4,000 financial institutions. PaySpan’s customers represent an elite array of industry leading Commercial and Government health payers representing many diverse benefit types for more than 50 million members. For more information, visit www.PaySpan.com.

NCR Showcases Customer Service, Loyalty & Back Office Efficiency

NCR Corporation is showcasing the importance of its technology for customer loyalty and service at the Unified Grocers 90th Annual Expo June 20 and 21 at the Long Beach Convention Center in Long Beach, Calif. NCR’s grocery software suite, including NCR Advanced Checkout Solution (ACS) for independent retailers, NCR Advanced Back Office (ABO) and NCR Advanced Marketing Solution (AMS) will take center stage at NCR’s booths, 257 and 258, at the expo.

Text2Pay Launches mPayments for Online Dating

Mobile payments provider Text2Pay announced that participating dating websites will now be able to use the Text2Pay mobile payment platform to sell virtual gifts and dating goods to their users – easily and securely. The iDate conference will be held on June 20-22, 2012 at the SLS Hotel in Beverly Hills, CA. The conference also coincides with the Social Media Conference, also taking place in Beverly Hills on the same days. Those that register to one event are able to attend both.

Chase Sapphire Partners Pandora, Offers Personalized Music

Chase Card Services forged a partnership with Pandora radio service to bring summer-themed music to listeners from June 20 to September 4. In addition to 14 new summer-themed genre stations, listeners can experience the “Sapphire Summer Sounds” radio station, which brings the Chase Sapphire brand to life in an easily accessible playlist. During the launch of the partnership on June 20, Pandora listeners will enjoy a full day of limited interruptions and more music with only one advertisement per hour on the Pandora web platform, courtesy of Chase Sapphire.

Oberthur Acquires MoreMagic mPayments

Oberthur Technologies completed its acquisition of the mobile payments company MoreMagic. This partnership will create a comprehensive suite of mobile commerce and financial services solutions including a secured mobile wallet infrastructure and NFC end-to-end offer. This will help mobile operators, financial institutions and other non-telecom service providers to offer innovative services such as P2P transfers, mobile banking, proximity and remote payments. MoreMagic’s offer will be part of Oberthur Technologies’ solutions portfolio and will be available through its global sales network.

KAL ATMs Launches Cashless ATM

Global ATM software company, KAL, launched the Retail Teller Machine (RTM): a revolutionary cashless ATM which is set to transform branchless banking forever. Operating at one tenth of the cost of bank ATMs, RTMs do not dispense cash. Instead they print a unique voucher which is then exchanged for cash inside the same store. The retailer is immediately compensated by the RTM which executes a back-to-back transaction. This remits the dispensed amount into the retailer’s bank account. Running the same software as ATMs, the RTM provides a full range of banking services and even includes the ability for the customer to video conference with a bank call center.

Square Deploys New Loyalty Features

Square launched new features today for Square Register and Pay with Square that further deepen the relationship between buyers and sellers. Square allows business owners to create rewards programs that both attract new customers and make existing customers return, again and again. With more than two million individuals and businesses able to accept credit card payments with Square across the United States, Square is focused on providing the tools people need to grow and manage businesses. Square Register users are five times more active on a weekly basis than Square Card Reader users and they process approximately 2x more revenue. Square’s latest offering will allow participating merchants to give regular customers VIP treatment starting with the first visit. Customers will be able to store cards from their favorite Square businesses and keep track of progress towards rewards.

Discover 2Q/12 Income Sinks, Cardholders Paydown

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Discover Financial Services posted a net income of $537 million in 2Q/12, down from the year ago figure of $600 million. Total loans, however, grew $4.5 billion by 9% to $57.1 billion, of which credit card loans grew $1.6 billion to $46.6 billion. Credit card loan delinquencies and net charge-offs reached…

Western Union Launches Bill Presentment Solution for Smartphones

The Western Union Company global payment services enhanced its Western Union “Speedpay” service to help billers meet growing consumer demand to receive electronic bills through smartphones and mobile devices. The enhancement was developed with eBill presentment specialist, Striata, and operates across multiple platforms and devices, including Android™, Blackberry®, iPhone®, iPad®. The Western Union Speedpay eBill payment and presentment, (EBPP), solution helps billers reach consumers who prefer to access their email from their mobile devices. The enhanced solution allows consumers to receive bills as a simple, secure email attachment that can be opened with just one click and 24-hour access to one-click bill payment processing.