Acculynk has worked directly with the following regional debit networks including PULSE, Accel, Star, NYCE, Shazam and CU24 to launch a single Global True Debit gateway that enables dynamic least cost routing across these networks for e-Commerce transactions.
PA-based EPS Financial has unveiled a Payroll Card platform with simple to manage web-based tools. The EPS Payroll Card platform is driven by the E1 Visa Payroll Card that provides companies a convenient, low-cost alternative to disbursing salary and wages to employees.
In today’s CardFlash News Que: PIVOTAL (Hire Heroes); VELCRO PAY (Insider’s Guide); MOBILEND (Acculynk); and Crane Payment (SCR).
Internet powered payment network Dwolla has teamed with PluraVida, the digital content settlements platform provider. The partnership aims to transform the digital settlement industry for the hundreds of billions of transactions generated each year by leading content companies.
MasterCard appointed Michael Fiore group executive Global Prepaid Solutions. A ten year veteran with the company, he will lead the ongoing development and execution of the company’s global prepaid strategies. These programs provide individuals, organizations and governments with tools that create more efficient, easier ways to receive, hold and activate money. Fiore replaces Ron Hynes, who recently left MasterCard to pursue a new opportunity. Most recently with Mastercard, Mike led the company’s cross-border remittance, person-to-person payment and disbursement strategies and was instrumental in the acquisition of Orbiscom.
MasterCard appointed Michael Fiore group executive Global Prepaid Solutions. A ten year veteran with the company, he will lead the ongoing development and execution of the company’s global prepaid strategies. These programs provide individuals, organizations and governments with tools that create more efficient, easier ways to receive, hold and activate money. Fiore replaces Ron Hynes, who recently left MasterCard to pursue a new opportunity. Most recently with Mastercard, Mike led the company’s cross-border remittance, person-to-person payment and disbursement strategies and was instrumental in the acquisition of Orbiscom.
American Express Serve and Intuit have teamed to offer consumers a new paperless option for IRS tax refunds. Tax preparers will now be able to issue a new American Express Serve Card as soon as the funds are transferred from the IRS.
Dallas-based Onyx Payments has acquired Norway-based Net Trans Services. The combination of companies will now serve well over 200,000 hotels and 200,000 travel distributors in nearly 200 countries.
MasterCard and BANSEFI announced a partnership to foster financial inclusion in Mexico through the disbursement of social benefits using electronic payments. The BANSEFI MASMasterCard-branded card is part of the recently launched social support program developed by the Mexican Government.
Payment Card Industry (PCI) Payment Application and Qualified Security Assessor (PA-QSA) specialist Coalfire Systems and InstaMed, a Healthcare Payments Network, have issued a white paper on payment card security for the healthcare industry.
Higher One financial services and data analytics to more than 1,900 colleges and universities nationally, announces the addition of the Chinese yuan to its international payments service, which is powered by Higher One’s partnership with Western Union Business Solutions. The yuan follows the recent additions of Korean won, added earlier this year and the Indian rupee, added last year. According to Open Doors® 2013 “Fast Facts,” students using the yuan, the won and the rupee represent more than 50% of international students in the U.S. “a constituency Higher One now serves through its international payments services. Higher One and Western Union Business Solutions are providing a streamlined solution to more international students than ever and at an exchange rate that is more competitive than what traditional banks offer.
Ixaris virtual prepaid cards now lets banks and other financial institutions select and customize payments solutions in an ‘app store’ environment before deploying them to their customers. Ixaris’ app store approach promises to empower business decision makers when it comes to product development by liberating them from the perennial constraints of limited IT resource at financial institutions. Through open payments platform Ixaris Payments Server, non-technical staff at banks can configure or even combine the functionality of a wide range of payment services into business payment solutions without the need for IT expertise. This enables banks to develop new revenue streams by quickly bringing to market new payments programmes. Ixaris Payments Server comes with a collection of market-tested, PCI-compliant payment applications for consumers and businesses – both corporate and SME – which meet common payments needs. Solutions include corporate and SME purchasing, travel and expenses, incentives and rewards, consumer e-commerce, gifting, remittance, disbursement and payroll.