BillingTree Appoints New President & CEO

BillingTree on-demand payment processor announced David Roberts has been appointed its President and CEO while Scott McCollum will continue as BillingTree’s Chairman of the Board. Roberts will focus on the next stage of growth. Previously he was a Managing Director with Bank of America Merrill Lynch where he led the Equity Plan Services business and President and CEO of Equity Methods, a provider of software and services.

Western Union Partners Veridian FCU

Western Union partnered Veridian Credit Union to offer Veridian customers its global money-transfer and expedited bill payment services across all Veridian Credit Union’s 26 branches in Iowa. Veridian Credit Union members will now have the ability to send and receive domestic or international money transfers with funds accessible for pay-out at more than 500,000 Western Union Agent locations in more than 200 countries and territories, and make urgent payments conveniently and quickly to an extensive biller network.

Boku and T-Mobile Make Available in-app Purchases at carrier stores

BOKU online mobile payments is now an approved carrier-billing gateway for the T-Mobile’s “Mall” digital storefront. This allows T-Mobile’s app and game developers to accept in-app payments from T-Mobile’s 34 million subscribers. Applications and games will be distributed and marketed through the T-Mobile Mall, and transactions completed using BOKU will be billed directly to a subscriber’s carrier bill. Game developers increase consumer conversion and expand their global customer reach simply by dropping the BOKU Android SDK into their application. BOKU’s highly developed technology that’s integrated across over 60 countries and hundreds of carriers handles everything from localization to payment authorization. With this agreement T-Mobile customers will be able to access the T-Mobile Mall’s portfolio of games and use mobile payments to purchase a wide variety of in-app content within downloaded apps, including virtual goods found in online games from publishers.

Fiserv Risk Office Helps Clients Reduce Dollar Fraud Losses by 40%

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv, a leading global provider of financial services technology solutions, announced that its Risk OfficeSM credit, debit and prepaid card investigative and consultative service experienced a 56 percent increase in new clients in 2011. Within the first year of enrollment, certain financial institutions that utilize Risk Office have seen their dollar…

TMG Issues White Paper to Bank Evaluating Card-Processing Partners

To assist financial institutions undergoing a card-processing contract renewal, The Members Group (TMG) has issued a white paper with important questions card managers may want to ask of their teams. Stressing the importance of several qualities TMG deems important to the financial institution-processor partnership, the paper recommends card teams discuss at least one year prior to renewing a processor contract are unique cardholders being taken into consideration or does the processor apply a one-size-fits-all philosophy to our business?; How much control of our card programs do we want, and can the processor flex to meet our specific requirements?; and Does our team have the expertise to manage regulatory changes, and if not, can we rely on the processor for assistance?

Momentum Payment Systems Mobilizes iPad Payments

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] In a fast-paced society it’s crucial for small business owners to keep up with the demanding traffic of their customers anytime and anywhere. It’s even more important to have an electronic payment processor that is able to provide secure credit card transactions on-the-go. Momentum Payment Systems introduces the ultimate business solution…

TSYS to Present at Stephens Spring Investment Conference

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Philip W. Tomlinson, chairman of the board and chief executive officer of TSYS, will be presenting at the Stephens Spring Investment Conference in New York City on Wednesday, June 6, at 10:00 a.m. EDT. Interested persons may listen to this presentation via a simultaneous Internet broadcast at www.tsys.com by clicking on…

Bell Mobility Launches mBusiness Solutions through Econz Wireless

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Econz Wireless – Leaders is mobile time and attendance, announced today a new business partnership that will enable Bell Mobility customers the benefits of streamlining their businesses with cost effective, easy to use, mobile time and attendance and job dispatch solutions. Bell Mobility recently launched their next generation mobile Push-to-talk service…

Wilson Electronics Inks Distribution Agreement with Progressive Concepts PCI Wholesale

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Teletouch Communications, a leading U.S. wireless services, cellular, consumer electronics and public safety equipment distributor, announced that St. George, Utah-based Wilson Electronics, the leading North American manufacturer of cellular signal boosters, including the world’s first 4G mobile signal booster, recently signed a new agreement appointing Teletouch’s wholly-owned subsidiary, Progressive Concepts, Inc.…

Helena Chemical Implements Kofax Payable Automation

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Kofax, a leading provider of capture enabled business process management (BPM) solutions, announced that Helena Chemical Company, a leading distributor of crop protection and production products and services, has selected Kofax for its accounts payable automation solution. The value of the contract to Kofax exceeds $440,000. Helena Chemical, which distributes its…

Govt Debit Card Regulation Takes Toll on Visa Growth

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa shares slipped as U.S. payments volume growth was down 3% in April and flat so far in May over the year ago period thanks to new government regulation limiting card network processing fees. The Dodd-Frank legislation has effectively cut debit-card volume growth 12%. In direct response to the new law,…

Card APRs Up Slightly Throughout Month

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Credit card APRs have leveled off from previous months and are currently creeping up, from 14.91% at the end of April to 14.94. Peaking at well over 15% following the holiday shopping season, credit card interest rates plummeted briefly to 14.85% around the beginning of March before rocketing past 15%. Throughout…