CardFlash News Briefs: PEPPERMINT (funding); INAUTH (expansion); HYPERWALLET (milestone); and NFCC (Synchrony).
MasterCard, eServGlobal and BICS today announced the formation of HomeSend, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets – regardless of their location or that of the recipient. The HomeSend JV will leverage the current HomeSend platform, a remittance hub based on eServGlobal technology and developed as part of a strategic partnership between eServGlobal and BICS. The HomeSend platform was first to market in offering international mobile remittances.
FIS migrated Suncorp Bank onto the CONNEX switching platform for POS transactions, effective 1H/13. CONNEX manages both POS and ATM networks, supports new payment technologies and sustains the bank’s continued roll out of Europay, MasterCard® and Visa® (EMV®), a global standard for inter-operation of integrated circuit cards. CONNEX is a comprehensive solution for ATM and POS terminal driving, transaction acquiring, switching and authorization and leverages a fault tolerant, redundant architecture to provide a robust, high volume, high availability and highly scalable switch processing environment.
ADVANCED SEMICONDUCTOR ENGINEERING, INC. ASX +1.59% (taiex:2311)(taiex:”ASE” or the “Company”), announces its unaudited consolidated net revenues for May 2012. CONSOLIDATED NET REVENUES (UNAUDITED) May Apr May Sequential YoY (NT$ Million) 2012 2012 2011 Change Change —— —— —— ———- —— Net Revenues 15,636 14,867 15,438 +5.2% +1.3% May Apr May Sequential YoY (US$ Million) 2012…
DirectCash Payments announced consolidated financial results for the three months ended March 31, 2012. DCPayments’s consolidated financial statements for the three months ended March 31, 2012 and Management’s Discussion & Analysis, as well as additional information about the Corporation are available on SEDAR (www.sedar.com). Financial and Operational Highlights: — Canadian business continues to generate solid…
Increasingly positive media coverage of consumer spending contributed to a significant rise in the Dow Jones Economic Sentiment Indicator (ESI) from 36.9 in October to 38.3 in November. The ESI has risen 11 out of 12 months since its low of 22.2 in November 2008, confirming the consensus among economists the U.S. recession ended sometime early in the summer. Consumer confidence is an important factor that is improving as the holiday season approaches. In November 2008 gloomy shopping-related articles outweighed positive ones by three to one, helping drive the ESI down to its lowest ever level of 22.2. This November the balance is much more equal, indicating a healthier economic outlook and pushing the indicator back to levels not seen since the collapse of Lehman Brothers.
Australian-based Westpac Banking has elected to deploy thousands of
Hypercom “Optimum T4200” countertop terminals to merchants throughout
Australia as part of a five year agreement worth about $50 million.
Terms of the agreement also designate Hypercom as the key service
provider for Westpac’s base of more than 80,000 terminals. The “T4200”
terminals have received PCI PED security approval, MasterCard Worldwide
Payment Terminal Security approval for IP and wireless communication and
EMV Level 1 & 2 certifications for chip card transactions. All models
share the same platform, user interface and software toolkit to maximize
efficiency, application portability and offer customers a broad range of
options to serve any market need. The Westpac deployment will commence
in early 2010.