Berkshire Hathaway Travel Protection (BHTP) and MasterCard have teamed with Skift’s Global Travel Forum to drastically cut the time it takes to pay travel-insurance claims.
MasterCard has launched a new disruption to the payments ecosystem with the launch of MasterCard Send. MasterCard Send is the only personal payments service that can reach virtually all U.S. debit card accounts and enable funds to be sent and received typically within seconds.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Karen Webster, Chief Executive Officer of Market Platform Dynamics.
Fiserv and the University of Connecticut School of Business announced that Fiserv is participating in the university’s Financial Accelerator Program to help educate students and foster innovation. UConn MBA students are now collaborating with area business leaders from Fiserv and two of its clients, the Savings Bank of Danbury and Greylock Federal Credit Union, to explore how financial institutions can attract and serve Gen Y consumers using state-of-the-art banking technology. This also introduces UConn MBA students to the DNA™ account processing platform from Fiserv. DNA is a modern, enterprise-wide software platform that is relied upon by hundreds of banks and credit unions, including Savings Bank of Danbury and Greylock FCU, for transaction processing, data management and customer relationship management. DNA offers a unique development toolkit – DNAcreator™ – that allows users to create seamlessly integrated applications called DNAapps™ that extend the platform in new and powerful ways. At the conclusion of the Financial Accelerator Program, UConn students will present a business case for creating a new DNAapp that DNA users like Savings Bank of Danbury and Greylock FCU can use to enhance the millennial banking experience.
Conductiv made available its Interact Mobile POS Solution, customized for retail pop-up stores. Two recent success stories of businesses selling smarter and better with Conductiv’s Mobile Pop-Up POS are Justin Boots, a Berkshire Hathaway company, and Bellview Winery, recently voted New Jersey’s top winery. At the 2013 Berkshire Hathaway Annual Shareholders Meeting, Justin Boots set up a pop-up store using Conductiv’s Mobile Pop-Up system, and sold over 1,000 pairs of boots in 10 hours. That’s an average of one and a half pairs per minute, handily breaking their previous sales record.
Capital One Financial Corporation and Helzberg Diamonds announced a multi-year extension of the private label credit card program agreement. The partnership enables consumers to have expanded buying power through access to special purchase offers, as well as exclusive benefits and financing options. Capital One’s continued partnership with Helzberg Diamonds reinforces the company’s commitment to building its credit card partnership business.
CSI Enterprises a leader in innovative financial solutions for enterprises and businesses, is set to release some important updates to its globalVCard paysystems accounts payable solution. The globaVCard paysystems will look to further cement their position on the top, with vast improvements to their web-based application. Featured prominently will be impressive changes to card and payment management. Clients will now be able to view and manage all the details of their payments from one screen. Payments will be managed in real-time, with the ability to change all attributes quickly and easily. The updated version will also include robust changes to the dashboard and communication capabilities.
DFC Global for the unbanked and under-banked consumers announced its EVP & CFO, Randy Underwood, is set to present at upcoming investor conferences. These include the CL King 10th Annual Best Ideas Conference on September 12 at the Omni Berkshire Hotel in New York and the JMP Financial Services and Real Estate Conference September 13 at the St. Regis Hotel, also in New York.
HSBC North America’s Card and Retail Services business has reached agreement with Saks Incorporated and three other major retailers to continue the management of their private label credit card programs. In addition to reaching a new agreement with Saks, HSBC also renewed the programs for Darvin Furniture, Big Lots and Jordan’s Furniture. All four companies have also agreed to the assignment of their program agreements to Capital One upon closing of its planned acquisition of HSBC’s card and retail services business which was announced in August.
Anderson Zaks international card payment processing software and services has moved its credit card transaction processing to The Bunker, which will be providing Anderson Zaks with ultra secure managed hosting and co-location services for its “RedCard” managed service. The Bunker offers ISO 27001 accredited and PCI DSS compliant services, so is an ideal match for Anderson Zaks which has over 1,000 merchants using its managed services including supermarkets, High Street chains, airlines, travel companies, theatres, garden centres, pharmacies and corner shops.
Globoforce SaaS-based employee recognition solutions announced its tour, spanning Atlanta, New York, Chicago, and San Francisco, during which it will feature its “Building Your Culture of Recognition” workshop series. The workshop series allows HR leaders to achieve more unified company cultures that drive bottom-line business results. The workshops will show HR leaders how some of the most admired companies in the world have built their cultures through employee recognition. The four-hour, interactive workshop provides HR leaders an opportunity to learn from peers at other top companies in their local area.
Mouser Electronics top design engineering resource and global distributor for semiconductors and electronic components, won the NXP Semiconductors Distributor Award for POS Growth in 2011. The award was announced at NXP’s America’s Distribution Executive Conference in Sundance, Utah. NXP Semiconductors provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security, and Digital Processing expertise.