Merchant Customer Exchange (MCX) reports the company’s mobile payment platform, CurrentC, is now available for use at participating Kmart, Sam’s Club, Sears and Walmart locations around Columbus, Ohio, as part of an expanding beta in that city.
Nordstrom has closed on its credit card transaction with TD Bank U.S.A. The Company sold its credit card portfolio to TD for $2.2 billion span, representing the gross value of the outstanding receivables.
Despite rumors of a forthcoming obituary the MCX CurrentC mobile payment platform is alive and says it will Beta launch in Columbus in the coming weeks. This week they inked deal to add seamless digital manufacturer coupons with payment at the point-of-sale (POS).
PaymentVision inked a deal with Megasys. This partnership allows clients of Megasys to process electronic payments – credit card, debit card, or ACH – in one-time, recurring, and fee-based transactions from directly within the Megasys Omega and FA systems.
Nigeria’s Diamond Bank has become the first African bank to launch a fingerprint recognition feature on its mobile app. The service, an iOS Touch ID, is a major leap for the African bank.
Cubic Transportation Systems has signed a letter of intent with the Calgary Parking Authority (CPA) of Calgary, Canada to deliver transit and municipal parking solutions leveraging CPA-developed technology.
The University of Montana Alumni Association (UMAA) and Commerce Bank have come together to offer UMAA members a Visa Signature® rewards credit card. The card offers Signature Rewards with high reward point values, unlimited earnings and bonus point opportunities as well as no annual fee. The University of Montana Alumni Association was founded in 1901 and now serves nearly 100,000 alumni across the country and around the world.
MoneyGram announces its appointment of execs in two strategic growth areas. Yogesh Sangle has joined MoneyGram as senior regional director for Asia, and Andrew Typrin joins as the company’s vice president of the global MoneyGram Online business.Sangle has more than 15 years of experience in banking and payments solutions in online payments, digital marketing, and sales and product management. Typrin previously supported Amazon’s global expansion and led strategy development and execution for payments acceptance. He formerly founded a consumer payments company, National Payment Network, gaining extensive experience in building and executing new business ventures. Typrin will lead the expansion of MoneyGram Online, focused on building an exceptional and innovative online customer experience.
SecureNet has named Matt Odirakallumkal senior vice president of risk management. Here he will oversee the improvement of SecureNet’s merchant experience, including automated underwriting and boarding, and the simplifying of SecureNet’s online merchant application. He will also be responsible for increasing the speed at which new customers are onboarded. Matt will lead the underwriting and risk divisions at SecureNet.Matt has nearly 25 years of experience in the financial services and credit industries. In his previous role at Braintree, Matt led the development of the company’s underwriting and risk management strategy which included streamlined merchant boarding, establishment of underwriting/risk policies and procedures as well as the implementation their risk management system. He has served with Braintree and as director of US credit for Moneris Solutions.
AccessPay has installed a new team in Manchester to enhance the reach of its UK customer support.Rachael Howard joins as Regional Sales Manager, offering more than a decade’s worth of experience in sales and working with clients to assist their business development. Rachael specialises in cloud computing and SaaS. Lauren King is the new Operations Manager, and has extensive experience in establishing and building key customer relationships. Lauren’s main role will be to assess, improve and streamline AccessPay’s pre and post-sales customer support. Rob Illidge, has joined from Shaping Cloud and will use his experience to develop new communication channels and build relationships with present and future AccessPay clients.Jess Macedo has been appointed as Customer Support Executive, and will ensure all areas of our structure and organisation are 100% customer-focused. She will also be responsible for all the onboarding, training and support relating to AccessPay Pro and Direct Debit Management. Alistair Jenkins, Business Development Executive, who joins from Peninsula, possesses over fifteen years’ experience in client liaison, and will be responsible for developing and nurturing key customer relationships.
GE Capital Retail Bank announced a long-term extension of its agreement with American Eagle Outfitters to continue providing private label credit card programs for online, mobile app, and store purchases made at any of the 856 American Eagle Outfitter and 115 Aerie locations across the U.S. As part of the seven-year agreement, GE Capital’s Retail Finance business will continue to manage the American Eagle Outfitters credit card program, which began in 1996. Customers can use their American Eagle Outfitters® and Aerie® credit cards at 856 American Eagle Outfitter and 115 Aerie stores in the U.S. Cardholders can earn a 15% new account discount, $10 Extra Savings coupons, and access to four exclusive cardholder events a year. In addition, cardholders can also earn AERewards program discounts.
Enacomm, Inc. announced the hire of seasoned marketing expert David Anderson, who will serve as Vice President and Chief Marketing Officer. Anderson will fuel Enacomm’s continued, industry-leading innovation in the financial and prepaid industries, driving the creation and launch of new products and intelligent analytics that give companies a proactive advantage in exceeding customer expectations. David also worked with a host of financial institutions, ranging from community and mid-sized banks to national banks, investment houses and card companies. Anderson joins Enacomm’s team of subject-matter experts that has been focused on the financial industry for more than two decades and the prepaid space since 2005.