Karen Webster
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Karen Webster, Chief Executive Officer of Market Platform Dynamics.
Paragon Received D-PAS Certification
Paragon Application Systems, a leading, independent provider of ePayment testing solutions, announces that it has received Discover D-Payment Application (D-PAS) qualification for its FASTest host testing solution. QA and developers rely on Paragon FASTest for complete simulation and testing of over 114 financial message formats. Acquirers and issuers certifying their transaction processing with Discover and Diners Club can now choose FASTest for host certification.
Square Appoints Lead Engineer
Square has hired Alyssa Henry to lead engineering for the company to head up engineering operations for Square’s infrastructure and payments platform. Most recently the Vice President of Amazon Web Services (AWS) Storage Services, Alyssa led services including Amazon S3 and Amazon EBS through hypergrowth, and scaled the teams, software, and businesses. Alyssa was Amazon’s director of software development for ordering, with responsibility for Amazon’s ordering workflow software and databases. Before Amazon, Alyssa spent 12 years at Microsoft working on databases, data access technologies, and internal customer relationship management software in a variety of engineering, program management, and product unit management roles. Alyssa started her career as a developer in the financial services industry.
Discover Cardmembers Earn 5% Cashback on Gas
Discover is making it easier for cardmembers to earn extra rewards at the pump. Now through Sept. 30, 2013, Discover cardmembers can sign up to earn 5% Cashback Bonus on up to $1,500 in purchases at gas stations. Cardmembers can earn 5% Cashback Bonus by simply signing up for 5% online at discover.com, or by calling 1-800-DISCOVER (347-2683). After making $1,500 in gas station purchases, Discover cardmembers still automatically earn their standard Cashback Bonus on all other purchases. Additionally, as the 2013-2014 school year quickly approaches, Discover cardmembers also can enjoy extra savings on back-to-school purchases made through ShopDiscover, the exclusive online shopping portal featuring more than 200 top retailers. From July 18 to Sept. 4, 2013, Discover is leveraging its relationships with nearly 40 merchant partners to increase Cashback Bonus savings to help families save more on items such as clothing, shoes and school supplies.
Discover Launches Cardmember 5% Cashback Bonus Promo
Discover is now offering cardmembers the opportunity to earn 5% Cashback Bonus on up to $1,500 in purchases at home improvement stores. Cardmembers can start earning 5% Cashback Bonus at home improvement stores now through June 30 by signing up for 5% online at discover.com, or by calling 1-800-DISCOVER (347-2683). After making $1,500 in home improvement purchases, Discover cardmembers still automatically receive their standard cash back on all other purchases. Discover is also offering its cardmembers exclusive ways to earn between 5%-20% on purchases made through ShopDiscover, the online shopping portal featuring more than 200 top online retailers. Starting April 11 through May 12, cardmembers can take advantage of over 20 merchant partners that will increase Cashback Bonus amounts.
Navy Army Community Credit Union Selects Fiserv Deposit
Navy Army Community Credit Union has selected a range of Fiserv solutions to enhance its check deposit and processing services, including Branch Source Capture™, ATM Source Capture™, the Fiserv® Clearing Network and mobile capture and item processing capabilities. With ATM and Consumer Source Capture from Fiserv, members will benefit from the ability to deposit checks at the closest ATM or at home, whenever it is most convenient for them. Additionally, with the cross-channel duplicate detection capabilities available through Source Capture Solutions®, Navy Army can easily detect duplicates across all of its capture channels. Navy Army has been a Fiserv client for more than 20 years and uses Fiserv’s DataSafe® for core account processing, CheckFree RXP for online bill payment, LynxGate for ATM management and VirtuosoTM for online banking.
Discover Expands Rewards Redemption Options
Discover has partnered RewardsPay consumer payment service to provide cardmembers Cashback Bonus to make online purchases for Apple iTunes®, Facebook codes® and at Disney’s Club Penguin. Discover also kicked off the hot days of summer with a new set of rotating quarterly 5% categories. From July 1 – September 30, 2012, Discover cardmembers can earn 5% Cashback Bonus on up to $1,500 in gas, movie theatres and theme parks by simply enrolling online through the Discover Account Center. Once they reach the 5% spending limit, cardmembers still automatically receive up to 1% Cashback Bonus on all other purchases. A complete list of merchants offering between 5% – 20% Cashback Bonus can be found at ShopDiscover.com.
Discover Ups Cashback Bonus Rewards
Discover introduced rewarding ways for cardmembers to earn Cashback Bonus this spring, cutting their spending on restaurant and movies purchases. From April 1 through June 30, Discover Cardmembers visiting the online Account Center or calling 1-800-DISCOVER (347-2683), can sign up to earn 5% Cashback Bonus on up to $1500 in restaurant and movie purchases. Discover Cardmembers also can sign up to earn 5% Cashback Bonus on up to $300 in grocery store purchases from May 1 through May 31. After reaching these spending limits, cardmembers will still automatically earn up to 1% Cashback Bonus on all purchases every time they use their cards. Increasing the cardmember rewards experience Discover is offering access to vacation getaway packages; will add Domino’s Pizza, QVC, Under Amour, Aerie and 77 Kids to its list of redemption partners; and added top name brands to its online retail website, ShopDiscover.com.
Guaranty Bank Protects Implements IronKey Security
Guaranty Bank is enhancing online security to protect customers from cyber thieves targeting online banking users of ACH and wire transfer services, offering commercial customers IronKey’s Trusted Access. This gives them secure access to the bank’s site at the point most vulnerable to malware attacks — the customer’s PC. The industry analyst firm Gartner estimates that cybercriminals have robbed banks, businesses and municipalities in the U.S. of more than $3 billion using financial malware. IronKey Trusted Access will be required for all cash management customers and offered to all business banking customers.
Discover Cashback Bonus Redemption Up 20% Y/Y
Discover disclosed a 20% increase over 2010 in Cashback Bonus Redemption, while both online and mobile redemptions also grew in popularity as 73% of cardmembers redeemed this way in 2011. Meanwhile, the “ShopDiscover” portal posted sales up 64% on 2010 as site traffic soared 41% as cardmembers flocked to receive an additional 5-20% Cashback Bonus at top online retailers. With this, Discover unveiled its 2012 5% Cashback Bonus calendar with new merchant categories, giving cardmembers the potential to earn up to $75 of additional Cashback Bonus for the first and second quarter of 2012.
Discover Increases Cardmember Rewards
Discover is starting its gift-giving early this year as the company recently announced a new program with Amazon.com that offers cardmembers Double (2%) Cashback Bonus on up to $250 in purchases each billing period through the end of 2011 at Amazon.com. Discover cardmembers can also pay with Cashback Bonus directly at check-out when they link their card to their Amazon account. This new option allows cardmembers to use their rewards – in a dollar-for-dollar exchange – to get millions of items, when they want them, without having to leave the Amazon site. This season, new redemption processes allows virtual game lovers will have the opportunity to redeem Cashback Bonus for digital game currency through Electronic Arts and Nexon eCertificates. This new offering allows gamers to play popular online games, including The Sims Social, Pet Society and MapleStory. These games join the 150 other redemption partners Discover currently offers as part of its Cashback Bonus program.
BMO Bank of Montreal Opens First Bank Branch to Offer FX ATM
BMO Bank of Montreal announced the grand opening of its new full-service branch in Vancouver’s Oakridge Center on October 22nd. The new branch is outfitted with a free coin counter; mechanized safety deposit boxes; access to commercial account and deposit services; two ATMs; and barrier-free access.