Law of Bitcoin
The first Bitcoin book delving into cryptocurrency law in four jurisdictions: the United States, the United Kingdom, Canada and Germany has been released.
FleetCor to Acquire Comdata
FleetCor Technologies fuel cards and workforce payment products has signed a definitive agreement to acquire Comdata from Ceridian for $3.45 billion. Concurrent with the closing of the acquisition, a representative from THL will be appointed to the FleetCor board of directors.Comdata provides fleet, virtual card, and gift card solutions to over 20,000 customers and has approximately 1,300 employees to facilitate over $54 billion in payments annually. Cash payments will be used to pay off Comdata’s outstanding indebtedness.
Chevron Appoints FleetCor Fuel Card Partner
FleetCor Technologies fuel cards and workforce payment products to businesses, confirmed that it has signed a long term fuel card system processing contract with Chevron covering Asia-Pac and South Africa. Using its Global FleetNet (GFN) fuel card processing platform, FleetCor will process transactions for Chevron’s private label commercial card program fuel card in six Asia-Pac markets plus South Africa. The in-scope geographies are Hong Kong, Philippines, Singapore, Malaysia, Thailand and New Zealand. Chevron has a significant position across Asia-Pac and South Africa and private label commercial fuel cards are a major part of its ongoing development in these markets.
Harland Financial Sees Strong ePayment Sales
Harland Financial Solutions has announced six new eBill Presentment & Payment deals for June 2013. eBill Presentment & Payment is Harland Financial Solutions’ electronic bill presentment and payment solution for small- to mid-sized billers. eBill Presentment & Payment will enable these financial institutions to offer their small- to mid-size business customers the ability to transform paper-based bills to smarter, more efficient and environmentally-friendly electronic bills that may be paid via online ACH, debit or credit card transactions.
FleetCor Inks Visa Europe Partnership Agreement
FleetCor Technologies fuel cards and workforce payment products to businesses signed a long-term agreement with Visa Europe. FleetCor will utilize its Global FleetNet (“GFN”) fuel card processing system together with Visa Europe’s EMV standard chip and PIN intelligent technology to deliver new fuel card solutions across Visa Europe territories. The companies plan to develop new fuel card propositions together with the first planned implementation in FleetCor’s Allstar business in the UK. Allstar will be the first to offer this Visa Europe chip and PIN technology in the commercial fuel card space.
Everlink Announces Latest Card Issuance FI Client
Everlink Payment Services announced Cambrian Credit Union – Manitoba’s 3rd largest credit union (by assets) and the 9th largest in Canada (by assets) – has made the move to Everlink’s Central Card Issuance Solution (CCI) effective June 5th, 2013. With the aide of Everlink’s EMV expertise and solutions, Cambrian will be issuing dual interface debit cards over the next 5 years with the launch of the new card product scheduled for the end of 2013. The Everlink CCI solution enables financial institutions to reliably and cost-effectively produce EMV Chip debit cards from a secure central facility, offering distribution options to send the cards directly to the member/customer or to the branch.
WorldNet & Payius Sign White Label Agreement
WorldNet domestic and international eCommerce and mCommerce clients announced the signing of a license agreement with payments provider Payius AB, by which WorldNet will provide Payius with a fully hosted Payment Gateway solution on the WorldNet platform. WorldNet will provide Payius AB with a full suite of eCommerce and Mobile payment solutions for distribution under the Payius AB brand in Sweden and other selected International markets.
Harland Financial Expands Payments Offering
Harland Financial Solutions is expanding its current EFT products and services to include card services and adding a new electronic bill presentment and payment offering, in conjunction with its recently released “DPXPay” P2P product. With this, Vantiv and Harland Financial Solutions’ expanded line of EFT products now includes credit card, ATM and debit processing, merchant services, rewards and fraud prevention. Added servicing capabilities include pre-paid and gift cards, card personalization, debit PIN processing through the Vantiv-owned Jeanie® network, cardholder eServices and more. Harland Financial Solutions has expanded its bill payment capabilities and delivers “Cavion” Bill Pay as part of its Cavion suite of self-service solutions.
MBank Implements PhoenixEFE Core Processing
Harland Financial Solutions announced its “PhoenixEFE” enterprise solution has been chosen by MBank for its real-time core processing solution. The bank has purchased numerous integrated solutions such as Cavion Internet Banking, Cavion Mobile Banking, Cavion Bill Pay, ActiveView® Content Management, ActiveView Item Processing, ActiveView Merchant Capture, Electronic Funds Transfer services and FMS financial accounting solutions.
Members Heritage FCU Deploys UltraData Enterprise Core Banking Platform
Harland Financial Solutions announced Members Heritage Credit Union implemented its UltraData Enterprise Core solution, including UltraData Enterprise CRM, Cavion® Internet Banking, Cavion Voice Banking, Cavion Mobile Banking, Cavion Bill Pay and ActiveView® Content Management. The credit union selected this product set from Harland Financial Solutions to provide its members with high-touch service, while increasing efficiency. In addition to the ease-of-use of UltraData Enterprise Core, integrated member relationship management from UltraData Enterprise CRM will enable the credit union to improve the member experience by presenting a unified approach to service. ActiveView Content Management will aid the credit union in better managing the storage, retrieval and flow of documents and information across the entire organization, which will improve efficiency and enable the institution to better service members seeking information.
Harland Posts Strong 2011 Sales in Self-Service Suite
One year after acquiring uMonitor, Harland Financial Solutions announced today that it has signed more than 70 new clients for its uOpen™ online account opening and funding solution. The uBanking™ suite enables financial institutions to offer various online services to customers, including account opening and funding for deposits, consumer loans and mortgages, person-to-person (P2P) payments,…
Harland Financial Posts Strong 2011 Self-Service Suite Sales
Having acquired uMonitor, Harland Financial Solutions signed more than 70 new clients for its “uOpen” online account opening and funding solution. The “uBanking” suite enables financial institutions to offer various online services to customers, including account opening and funding for deposits, consumer loans and mortgages, person-to-person (P2P) payments, account transfers, account aggregation, and more. Financial institution clients can customize these solutions with their brand and provide a unified experience across all delivery channels.