MasterPass has been gaining momentum driven by the increasing trend among consumers in using it for smaller ticket, everyday payments. MasterCard has also seen a surge in transaction volumes, with a monthly compound average growth rate of 38% for MasterPass transactions in Asia/Pacific for 2014.
Entrust Datacard released the latest release of the Datacard CardWizard software version 6.3. This release is the newest and most robust release of the company’s proven software that features new functionality and enhanced capabilities for financial institutions instantly issuing payment cards in-branch.
NCR is beefing-up its transaction processing solution from Alaric.
The latest release of Authentic has focused on integration, usability and security.
CA-based SEKUR.me introduced a Strategic Alliance Program that enables telecoms, financial institutions, social media, smartphone manufacturers, healthcare, large systems integrators to enter the mobile eCommerce/mCommerce payment market quickly.
One of the 10 largest independent sales organizations (ISOs) of First Data Merchant Services has earned a new tokenization patent.
GlobalCollect announced Elevate Data Services, a comprehensive Business Intelligence solution designed specifically for online payments and chargebacks. Elevate was conceived in response to the unique need for insights expressed by GlobalCollect’s clients, and developed in close cooperation with GlobalCollect’s Customer Advisory Board (GCAB), which includes many leading international eCommerce companies.
Fiserv announced FirsTier Bank implemented its Premier bank platform along with a host of additional Fiserv solutions. The innovative navigation tools and efficient processing capabilities within the Premier bank platform were determining factors in FirsTier Bank’s selection of Fiserv. The bank expects the user-friendly, browser-based design of Teller Source Capture(TM) from Fiserv to save staff time, while shortening transaction times for customers. By simplifying workflows and business processes, FirsTier Bank anticipates it will be able to offer more convenient, value-added customer service. Known for its robust functionality and scalability, Premier is the bank platform for a wide range of financial institutions with diverse goals, customers, technology strategies and operating environments. Open integration to an extensive set of best-in-class Fiserv solutions and flexible deployment options make this a versatile solution.
MasterCard announced MasterPass™ in-app payments, enabling consumers to make secure purchases within a mobile app. MasterPass in-app payments eliminate the need to store payment card credentials across numerous mobile apps, providing consumers with a fast and simple payment experience. Forbes Digital Commerce, Fat Zebra, MLB Advanced Media, NoQ, Starbucks Australia and Shaw Theatres Singapore are among the first app providers that will power their in-app purchasing capabilities with MasterPass.
First Data Corporation announced that BMA Banking Systems has agreed to endorse First Data Online Banking to its financial institution clients. BMA provides banking software and processing solutions to financial institutions ranging from de novos to large industrial loan corporations.The agreement will provide BMA’s clients with access to First Data Online Banking – which includes personal financial manager (PFM), mobile and online bill pay services. The company will fully integrate the solution into its core banking platform.
mopay, a global leader in innovative payment solutions for online merchants, announced today that it has been reconfirmed as preferred payment partner for Gameforge, one of the leading providers of high-quality online games. mopay has received top scores in Gameforge’s evaluation of mobile payment providers and will thus continue to process a significant proportion of Gameforge’s global mobile payment transactions. mopay provides direct carrier, landline and broadband billing options for online merchants in more than 80 countries through its industry-leading payments platform. Implemented in Gameforge’s offers, mopay enables players to easily, quickly and securely make in-game purchases, allowing them to buy virtual goods in its AAA game portfolio.
Salt Technology cloud-based mobile payments platform secured $2M in financing from private investors with deep roots in the mobile, financial and payments technology sectors. This will accelerate the development and delivery of the SALT Payment Platform, SALT Personal Payment Profile, and SALT Merchant Services that enable MNOs, financial institutions and merchants to bring branded mobile wallets to market quickly, on any device, and with any payment type. The SALT Payment Platform makes it possible to provide NFC, cloud-based and remote QR code-based payment product. The company also offers Personal Payment Profile for a secure, universal payment credential with credit, debit cards and loyalty cards.
Customers have initiated more than one billion sessions through Wells Fargo Apps, wf.com and text banking throughout its five years of existence. Wells Fargo has introduced a variety of new mobile offerings, including Apps for Android, iPhone, BlackBerry and Palm devices, alerts and mobile bill pay services. In addition, Advanced Access was added that enables customers to receive a one-time passcode on their mobile devices to authenticate their online credentials. Most recently, Wells Fargo initiated a pilot of its Wells Fargo Mobile Deposit service where customers can deposit most checks directly into their eligible Wells Fargo checking or savings account using the Wells Fargo Mobile App on supported Apple and Android devices.