WebMediaBrands Announces Final Program for Smartphone & Tablet Games Summit

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] WebMediaBrands announced the completed conference program for its Smartphone & Tablet Games Summit (#smartgames), to be held on June 26, 2012 at the Mission Bay Conference Center in San Francisco. The conference program covers tactical mobile gaming tips, design tactics, successful monetization strategies, and methods for improving customer acquisition and distribution…

DFC Global to Present at Investor Conferences

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] DFC Global Corp., a leading international diversified financial services company serving primarily unbanked and under-banked consumers for over 30 years, announced that the Company will participate at the following investor conferences: Jeff Weiss, Chairman and CEO, and Randy Underwood, Executive Vice President, will present at the Stephens 2012 Spring Investment Conference…

Western Union Highlights Strategic Initiatives

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Western Union Company held its Annual Meeting and reiterated the company’s strategy while emphasizing its commitment to expanding and evolving the business. “I believe Western Union has the assets, capability and drive to be a truly customer-centric organization,” said President and CEO Hikmet Ersek. “I look forward to continuing to…

CKE Restaurants Helps Fight Inflated Card Swipe Fees

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CKE Restaurants, parent company of Carl’s Jr.® and Hardee’s® brands, announced it has joined with other quick-serve restaurant and convenience store chains in filling an amicus brief in support of a lawsuit against the Federal Reserve regarding unjustifiably high swipe fees charged by major banks. CKE and the other chains strongly…

Version One Now Sapphire Systems Document Manager

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Document management software author, Version One, announces a partnership agreement with Sapphire Systems (Sapphire), a global provider of financial accounting, ERP and business management systems. Under the terms of this global agreement, Sapphire is re-selling Version One’s document management and imaging solutions, tightly integrated into Infor10 Financials Business (SunSystems) and SAP…

Card Chargeoffs & Delinquencies Drop like a Rock

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Despite all the dismal data on consumer behavior lately, U.S. credit card ABS performance saw positive gains in May as late stage delinquencies reached six-year lows to only 2.14%, a nine basis point (bp) improvement for a 27% improvement from the year ago period. Delinquencies more than 30 days past due…

U.S. Bank Launches Cobranded Card App

U.S. Bank has introduced an app for Android allowing retail partner customers to apply for a credit card while they are shopping, which they can use for purchases before they leave the store. U.S. Bank plans to continue to roll out the U.S. Bank Card App for Android and iPhone to other cobranded partners in 2012. The Android version of the REI app, called the “REI Visa App,” is free and available from REI’s website and at Google Play. The app allows consumers to easily apply for a U.S. Bank REI cobranded credit card and access a secure, virtual credit card via their mobile phone.

Bank of America Serves 10mm mBanking Customers

Over 10 million Bank of America customers are now using mobile banking, representing growth of nearly 3 million active users over the last 12 months. Bank of America’s mobile banking customers have the ability to check account balances, transfer funds, pay bills and find the closest ATM, all from their mobile device. Bank of America was among the first to launch mobile banking apps for Apple, BlackBerry and Android devices and the only bank that has deployed a tablet‐specific app for all three platforms: Apple, Kindle and Android.

VeriFone & PayPal Partner on Alternative Payments to Large Retailers

VeriFone Systems and PayPal signed licensing, marketing and implementation agreements for PayPal acceptance at large retailers nationwide. This provides PayPal with unprecedented access to over one million high volume Verifone POS, giving retailers the opportunity to converge e-commerce and retail payments into a new shopping experience for consumers. Shoppers will be able to utilize the existing spectrum of PayPal payment methods at checkout, including using a PayPal Access card and PIN or entering a phone number and PIN. The VeriFone solution is future-proof so that adding new options, such as NFC, will be easy to implement when they become available.

Wells Fargo Launches P2P Money Transfer Service

Wells Fargo & Company announced the launch of Send & Receive Money, a new service allowing customers’ payments to other Wells Fargo and Bank of America customers through online and mobile banking using an email address or mobile phone number. Wells Fargo customers no longer need to know their recipient’s account number at Wells Fargo or Bank of America. Customers can use their recipient’s mobile phone number or email address to initiate a person-to-person payment via clearXchange, which was formed to facilitate the movement of funds between bank customers to better meet their needs.

ACI Launches Improved Acquirer Platform

ACI Worldwide payments solutions launched its improved “ACI Acquirer” multi-currency system for managing merchant accounts, histories and settlements. The enhanced ACI Acquirer offers greater support for U.S. taxation requirements, enhanced interchange fee processing and expanded features for merchant settlement delay and deposit reserves. ACI Acquirer enhancements are complimented by the launch of the newest version of ACI Interchange™, the company’s central monetary transaction manager for clearing card transactions. Both solutions ensure that acquiring banks and processors remain current with the latest regulatory developments in the U.S. market. This increases customers’ ability to operate seamlessly in today’s highly competitive merchant acquiring environment. ACI Issuer, ACI Acquirer and ACI Interchange are installed at more than 70 customers in North America, Europe and Asia.

Despite Slow Growth in Jobs, Consumers Rack up the Debt

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Of the total $2.54 trillion in outstanding US consumer debt-up a jaw-dropping 10.2% since February- total outstanding revolving credit was up 7.8% in March for a steep jump from $798.5 billion in February to $803.6 billion. This compares to the year ago figure of 790.6 and comes as unemployment improved marginally…