Zynga, the world’s leading provider of social game services, announced the Zynga Platform, a new platform designed to bring players what they’ve asked for: new ways to play and more people to play with. As part of the initial roll out, Zynga will debut the beta release of Zynga.com, the company’s new destination for social…
Canadian point of sale software developer Volante POS Systems has announced their expansion into the retirement community point of sale market, with the Volante “Multi-Meal” software product. Volante has designed a point of sale and administration back office POS system tailored specifically to retirement communities and assisted living facilities. Volante has already penetrated the nursing home industry via a recent partnership with NCR at Toronto’s Baycrest, a premier academic health sciences center focused on aging. Baycrest provides care and service to approximately 2,000 seniors a day through its Geriatric Health Care System. Detailed, real time reporting along with photo identification provides accurate and important information to staff and family members anywhere, anytime.
The total value of the branded prepaid card opportunity in the United States is expected to surpass $440 billion by 2017, nearly quadrupling its estimated value of $120.2 billion in 2009. Consumers in our Country will remain the world leader in hosting prepaid card use, holding 53% of the overall global market share and more than double the next six leading markets. The Prepaid Market Sizing Report, prepared by The Boston Consulting Group (BCG) and commissioned by MasterCard, indicates future branded prepaid growth will be driven primarily by increases in the public sector and corporate payroll segments. India, the UK, Mexico, Italy, Middle East and Brazil markets will hold approximately 25% of the branded prepaid market. The Brazilian market, however, is expected to expand from just $1.7 billion in 2009, to more than $17 billion in 2017. In 2009, branded prepaid payroll alone was valued at $25.6 billion and is projected to reach $99.6 billion by 2017.
On Track Innovations announced that it has received initial orders
for its “EasyFuel” wireless solution for petroleum
payment management and loyalty programs from CROZET S.A. and will target
gas stations for fleets, as well as the retail gas station market.
The “EasyFuel” system allows for 24-hour non-attendant
sales, as well as greater in-store purchases. Fleet companies are able
to obtain billing and detailed operating information and marketing
activities can be targeted for retail customers loyalty programs and
rewards. OTI designs, develops and markets secure contactless
microprocessor-based smart card technology.
Fair, Isaac and Company, Inc. and Experian jointly announced Thursday the Vista account management risk score service to help small business credit grantors better manage their customers. With Vista, credit grantors have a more complete view of small business customers’ credit performance to increase their ability to detect and react to delinquency. By combining the sophistication of Fair, Isaac’s predictive models and Experian’s extensive databases, Vista provides a comprehensive solution that helps control credit quality, minimize expenses and increase customer retention.
“We’ve developed Vista to provide credit grantors with a tool to detect that a customer may have become a higher risk before the small business stops paying,” said Latimer Asch, vice president of Commercial Markets at Fair, Isaac. “Vista allows streamlining of the annual review process while reducing unnecessary servicing costs.”
“Fair, Isaac’s predictive models pull data from Experian’s extensive databases offering users a broader view of account performance by looking at customers’ credit obligations,” said Scott Bronstein, director of product marketing for Business Information Services at Experian. “Experian’s strength in its commercial and consumer files are key to effectively assessing small business risk.”
Fair, Isaac ([www.fairisaac.com]) helps businesses worldwide maximize the value of data to make more profitable decisions about their customers, operations and portfolios. Known for its pioneering work in credit scoring and its use of data in transaction-level decisions, Fair, Isaac now delivers data management services, analytics, software, and consulting to the financial services, direct marketing, personal lines insurance, retail, and healthcare industries. Headquartered in San Rafael, Calif., Fair, Isaac employs 1,500 people in 17 offices worldwide. For more information, contact Fair, Isaac at 800-999-2955.
Experian ([www.experian.com]) — a global information solutions company headquartered in Orange, Calif., and Nottingham, UK — is a leading supplier of consumer and business credit information, credit scoring and software solutions, and direct marketing services. Including recent acquisitions Metromail Corp. (April, 1998) and Direct Marketing Technology, Inc. (April, 1997), Experian employs nearly 11,000 worldwide with 7,500 employees in the United States. Annual sales are about $1.5 billion. Experian is a subsidiary of the Great Universal Stores P.L.C., a UK-based holding company that includes home shopping, retail, property investment, finance and information services businesses.