ThreatMetrix has named Armen Najarian as chief marketing officer. Najarian joins with more than 15 years of B2B and technology marketing experience, primarily with cloud-based software and data-driven solutions for the enterprise.
Girl Scouts of California’s Central Coast now enables supporters to be able to purchase cookies directly from Girl Scouts, or girls can use a digital app to offer customers an online ordering link to have half to full-cases shipped via credit card payment as an option.
CardWeb.com’s CardExecs da tabase of card industry movers and shakers today features Donna Bland, Chief Executive Officer and President of The Golden 1 Credit Union. Golden 1 Credit Union is California’s leading financial cooperative, and the sixth largest credit union in the U.S. with more than $8 billion in assets and over 600,000 members.
MasterCard and Sonoma State University forged a long-term relationship in support of the performing arts in which MasterCard will become the title sponsor of the annual MasterCard Performance Series. It will also support the building of an outdoor pavilion for music and dance at the Green Music Center, adjoining the Joan and Sanford I. Weill Hall. Sonoma State University and MasterCard will also offer a student internship program in the field of entertainment and sponsorship management and offer financial literacy programs and tools for the university’s students.
In support of Earth Day, Wells Fargo announced the start of the Online Statements Sweepstakes to encourage customers to switch to paperless statements for eligible accounts. Customers have the chance to win $25,000 or one of 20 $1,000 prizes. In addition to the sweepstakes, Wells Fargo, in partnership with the Arbor Day Foundation, is planting…
Retail Decisions (ReD) payment fraud prevention and payment processing has been granted by the United States Court of Appeals for the Federal Circuit’s (“Federal Circuit”) affirmation of the Northern District of California’s its motion for summary judgment in its long-standing patent litigation with CyberSource Corp. This in response to CyberSource having alleged the ReD “Shield” fraud detection product offered by ReD infringed the ‘154 patent. The patent relates to processes for detecting fraud in credit card transactions while the decision was reached based on unpatentable abstract ideas.
Datacard Group secure ID and card personalization solutions announced Kern Schools Federal Credit Union has implemented Datacard “CardWizard” software for instant debit card issuance. Members leave the branch with an activated, ready-to-use debit card immediately after opening a new checking account or requesting a replacement card. The credit union recently expanded its use of CardWizard software to all of its seven full-service branch locations “replacing its existing instant card issuance software application due to CardWizard software’s superior functionally, ease-of-use, security features. The Federal Credit Union is also utilizing “Datacard 150i” card personalization system for instant card production and embossing.
JCB International has appointed Kimihisa Imada to serve as Deputy President at its shareholders’ meeting held effective immediately. With more than 30 years’ experience under his belt at the Bank of Tokyo-Mitsubishi in corporate banking and business with key enterprises in global markets, Kimihisa Imada spent 8 years all together in Los Angeles as General Manager of the Bank of Tokyo-Mitsubishi from 2006 to 2008 and VP, Union Bank of California’s Pacific Rim Corporate Group. His most recent responsibility before joining JCB was General Manager of the bank’s Jakarta Branch from 2008. Mr. Imada has a bachelor’s degree in commerce from Hitotsubashi University and a master’s degree in business administration from the University of Chicago.
The majority of California’s small business owners (54 percent) believe 2011 will be better than 2010, while 36% expect the same as last year and only 10% expect worse. With this, 34% of California’s small business owners say their business situation is better than a year ago, up from 28% in September and just 19% in March of last year. This, according to the latest Citibank small business survey, also shows those who rate their business situation as worse than a year ago declined to 32% from 35% in September and 45% in March. Regarding the most positive impact on their business, 28% cite reducing taxes; 21% was more credit availability; and 17% was lower healthcare costs.
Discover Financial Services announced its participation in the 2011 Tournament of Roses Parade to be held on Jan. 1, 2011, in Pasadena, Calif. Discover’s involvement with the Tournament of Roses complements its commitment to college football and the company’s partnership with the Bowl Championship Series (BCS), which includes a four-year title sponsorship of the Orange Bowl and status as the Official Credit Card of the BCS. In doing so, Discover has selected Fiesta Parade Floats to design and construct a float entitled “A State Fair to Remember” and will feature six members of its customer service team on its float.
With 60% of Californians having forever changed the way they spend and save in the wake of the economic downturn, 74% have disclosed they feel in better control of their finances and more responsible in their borrowing and saving. Adjustments to their spending and saving include the 63% cutting down on credit card purchases; 55% reducing the amount of money they owe; and 54% postponing a major purchase. This, according to the latest Citi “California Pulse,” also found among the Californians cutting back, 71% cut back on going to restaurants; 69% on clothes shopping; 64% on travel; 62% on buying brand name items; 60% on going to the movies; 59% on spending for special days; and 58% on home improvements. Also, 91% say the economy in California is only fair or poor; 87% rate job opportunities in California as only fair or poor; 62% say their efforts to take a more active role in managing their finances is permanent; 58% of those aged 35-54 are somewhat or very concerned about their current level of savings for retirement; and 42% are in the same personal financial situation as a year ago.
CA-based FTSI ATM sales and service provider has named Jim Vedenti senior sales manager to assist financial institutions from San Diego to Los Angeles. A former Pendum senior territory sales executive and graduate of the University of Phoenix with a degree in business marketing, Vedenti will focus on community banks, credit unions and consulting at FTSI. He has spent his entire career working with ATMs in nearly every capacity, ranging from software installation to sales along the west coast. FTSI was Founded in 1998 to connect bank clients with technologies, solutions and ATMs.