Minneapolis-based Digital River has signed a strategic alliance agreement with Japan’s NIPPON SYSTEMWARE (NSW), an e-commerce solutions providers.
There is a windfall of US$380 billion in annual revenues waiting for banks to tap by targeting micro-enterprises and bringing unbanked and underbanked adults into the formal financial system.
Scotiabank and Interac have launched the Bulk Interac e-Transfer for Scotiabank’s business banking customers. This service extends the Interac e-Transfer service to Scotiabank’s business banking customers by offering a streamlined, secure and cost-effective alternative to cash, cheque or prepaid card disbursements.
Gemalto is taking its newly launched Dynamic Code Verification (DCV) solution designed to protect against CNP fraud to Money 20/20 next week.
AU10TIX warns EMV Standards & AML regulations will encourage online ID fraud and impairs customer acquisition effectiveness. The well-meant tighter fraud prevention measures and regulations may not be sufficiently backed by effective customer ID authentication measures at the point of new customer acquisition. AU10TIX warns of a “Back door” situation.
Gemalto has been selected by the Debit Network Alliance (DNA), a consortium of leading U.S. debit network providers, to deliver EMV consulting services. Gemalto’s EMV Allynis Consulting Services are designed to accelerate the deployment of EMV, significantly reducing time between DNA’s business plan and go-to-market. Gemalto’s consultants recommended and executed a strategy that details card, terminal and personalization requirements.
Moldova’s Moldindconbank has implemented OpenWay’s have WAY4 Cash By Code technology. The new ATM service allows bank customers to use an ATM to transfer funds from their card accounts to another individual who needs no card to receive the transferred cash at another ATM.
U.S. Bank has inked a major deal with Adelman Travel, through which Adelman will offer U.S. Bank’s suite of corporate payment products, including its virtual payment technology, to corporate payment clients.
CardWeb.com’s CardData database of Company Profiles today features ZirMed.
Payoneer and Digital River have teamed up to transform the way businesses send and receive cross-border payments. Today, Digital River’s solution enables merchants to process online payments using more than 200 international payment options and over 170 currencies.
Austin-based RideScout has acquired GlobeSherpa, a market leader in mobile solutions for public transportation with mobile book-and-pay ticketing in several major US markets, such as Portland, San Francisco and Chicago.
The Direct Operator Billing solution from Gemalto sets new standards for convenience on Milan’s public transport network. Instead of fumbling for notes and coins, travelers in Italy’s second largest city can simply send a text to a standard short code number, with the Netsize system charging the fare directly to the customer’s regular mobile phone bill.