CardWeb.com’s CardData database of Company Profiles today features Virgin Money.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Virgin Australia Velocity Visa.
Panasonic joins P97 Networks, Microsoft Corp., and CGI, at NACS 2013 to introduce its “PetroZone” mcommerce and behavioral marketing platform for the convenience retail and fuels marketing industry. This new alliance will combine the power of Panasonic’s portfolio of POS devices and deployment services with CGI’s Payment 360 Platform, Microsoft’s Dynamics AX Point of Sale, and P97’s PetroZone cloud based mobile commerce platform to provide the retail convenience and fuel marketing industry a fully integrated mobile payments and settlement platform for the future. The partnership provides major oil companies with a complete cloud based mobile commerce platform, allowing them to offer new mobile payment types, digital offers, integrated customer loyalty programs, and financial settlement solutions for their retail fuel distributors, wholesalers, and marketers.
ANZ has sold its remaining shareholding in Visa, in which its 3.5 million shares have been liquidated for an after tax profit of $224 million. ANZ says this will be reflected as a non-core item in ANZ’s 2012 financial results. ANZ also advised it is undertaking a review of asset valuations including software. It is expected that the outcome of this review together with certain costs associated with completion of the New Zealand Simplification Program will involve a non-core adjustment as part of ANZ’s 2012 full year results that will offset the gain on Visa shares.
Coles retailer has selected Ingenico to renew its fleet of Payment terminals. Subsequently, 24,000 lanes of the Coles group will soon be equipped with the Ingenico’s “iPP350,” which includes integrated contactless capability. The “iPP350” is a compact ergonomic payment terminal with a colour-screen for high visual impact, specifically designed for the retail market. It integrates an embedded contactless reader, simplified maintenance, universal connectivity and complies with all statutory and regulatory requirements delivering fast and secure transactions.
Clearstream, the international central securities depository (ICSD) within Deutsche Börse Group, will appoint Standard Chartered Bank as a new cash correspondent bank in Hong Kong, for Hong Kong dollars and the Chinese Renminbi held outside mainland China. Clearstream opened its first office in the region in Hong Kong in 1990, has representative offices in Dubai (since 1995) and Tokyo (since 2007) and a branch in Singapore (since 2009), from which 20% of its revenues are generated.
On CEOLive, ValidSoft CEO Patrick Carroll touted the company’s “privacy by design” features as positioning the company well to respond to worldwide concerns over fraud and privacy. Carroll also pointed out that the growth of NFC and “tap and go” payments using cell phones rather than credit cards would lead to a five-fold increase in electronic transaction volumes and favors ValidSoft’s multi-factor authentication approach to fraud prevention. ValidSoft’s Card Fraud prevention and detection authentication, designed to take place in 400 milliseconds, includes “something you have” (a mobile phone) coupled with “somewhere you are (or not).” ValidSoft’s fraud prevention solutions are attractive due to the fact that their privacy considerations are “built-in, by design” and help protect against the most sophisticated security attacks by being globally organized, multi-layered, and effective 24 hours a day/7 days a week, while remaining invisible to users.
Bankers’ Bank of the West has selected First Data electronic commerce and payment processing as a preferred Internet banking provider. This will allow Bankers’ Bank of the West’s community bank clients to offer services to both retail and business customers through an interface that creates the feeling of a true virtual branch. Based in Denver, Bankers’ Bank of the West serves more than 300 community bank clients in 11 states in the Rocky Mountain, Great Plains and Western states regions and incidentally works with First Data for debit processing services, including access to the STAR Network.
OneMain Financial consumer finance lending arm of Citigroup re-branded its U.S. Full Service Network from CitiFinancial to distinguish its business with an identity that better represents who it is and what it does. The logo features a stellar cul-de-sac symbol comprised of 5 homes pointing inward. Each of the company’s more than 1,300 stores now feature signage, literature, and brand advertising materials incorporating the OneMain Financial name and logo. OneMain will also launch a multi-media advertising campaign comprised of television commercials, print advertisements, digital placements, and radio spots. The campaign will focus on their face-to-face, flexible, solutions-oriented approach to meeting customers’ needs.
OneMain Financial ompleted the re-branding of its U.S. Full Service Network from CitiFinancial to distinguish its business with an identity that better represents who it is and what it does. OneMain will launch a multi-media advertising campaign comprised of television commercials, print advertisements, digital placements, and radio spots, focusing on their face-to-face solutions-oriented approach to meeting customers’ needs. Citi will continue to use the CitiFinancial name through its network of CitiFinancial Servicing Centers across the U.S. Each Center features extended hours, enhanced management support, and flexible payment options.
The Bank of Canada unveiled a new polymer bank note series at its head office in Ottawa. Information on the polymer material and advanced new security features was released, along with the images and designs of the soon-to-be-issued $100 and $50 bank notes, and the themes for the remaining notes in the series. The $100 note will be issued in November 2011 and features images that focus on Canadian innovations in the field of medicine. The $50 note will be issued in March of 2012 and features images of the Canadian Coast Guard Ship Amundsen in the North.
Laru is set to showcase its “ACH Vision RDFI” at NACHA’s Payments 2011 conference in Austin, following up on its recently released “ACH Vision ODFI” product targeted at originators and originating DFIs. By leveraging the knowledge from past transactions and application of Laru’s proprietary business intelligence methodology, ACH Vision RDFI will automatically alert RDFI personnel to transaction anomalies, so they can take appropriate action a priori and protect the bank and its customers. ACH Vision RDFI works with Laru’s other products, ACH Clarity and ACH FileFox and fits in line with the financial institution’s ACH processing pipeline.