Toronto-based GreenCoinX has formed an Advisory Board to assist in the further development of GreenCoinX, the world’s first identifiable crypto currency. GreenCoinX identifies users and facilitates the collection of user defined optional taxes by worldwide governments.
Monitise made a series of updates to its executive leadership team and Board of Directors.Former Visa Inc. payments executive Elizabeth Buse has been appointed co-Chief Executive of Monitise Group, effective immediately. Elizabeth also joins the Company’s Board of Directors.Elizabeth, an American national who was a member of the Monitise Board from July 2010 to October 2012, will head Monitise’s day-to-day operations, overseeing technology, product, sales and marketing while Alastair focuses on key relationships with partners and industry stakeholders, corporate development and major shareholders. Strategy will continue to be set by the executive leadership team in conjunction with the Board. Monitise’s growing ecosystem of partners and clients includes more than 350 banks, payment services companies such as Visa Inc., Visa Europe and MasterCard as well as Vocalink, FIS and IBM. In the mobile space, Monitise’s customers include Telefónica, Samsung, PCCW Mobile, Turkcell and BlackBerry. In the retail ecosystem they include brands such as Blackhawk Network Holdings with its network of more than 500 content providers operating in the US and 18 other countries, eBay, Turkey’s Bilyoner and Biletix, Venda, B&Q, Carphone Warehouse and Premier Inn. Elizabeth’s appointment comes after she stepped down from her role running international operations at Visa Inc. in March 2014 as Executive Vice President of Solutions. She joined Visa Inc. in 1998 and during her time there held roles including Group President of Asia Pacific, Central Europe, Middle East and Africa, Global Head of Product, Executive Vice President of Product Development and Management and Executive Vice President of Emerging Markets & Technologies.
Merchant Data Systems payment processing company and Internet Marketing Company Karma Snack are announcing a joint venture designed to help merchant and re-seller clients of Merchant Data Systems increase their sales. This will provide both traditional and e-commerce businesses with products and services including business-enhancing search engine optimization (SEO) to complement wholesale merchant processing. Included in the JV is the ability to generate qualified leads for Sales Agents, which will offer merchants a suite of Financial Services products including working capital, merchant cash advances, equipment financing as well as Gift & Loyalty programs, Payroll Services and merchant-friendly PCI-DSS solutions. MDSSEO will deploy a consultative approach with business owners in order to assure their business is equipped with the financial products and services they need while keeping costs very low.
Merchant Data Systems payment processing company and Internet Marketing Company Karma Snack forged a joint venture to help merchant and re-seller clients of Merchant Data Systems increase their sales. The partnership will provide both traditional and e-commerce businesses with products and services including business-enhancing search engine optimization (SEO) to complement wholesale merchant processing. This will offer merchants a diverse suite of Financial Services products including working capital, merchant cash advances, equipment financing as well as Gift & Loyalty programs, Payroll Services and merchant-friendly PCI-DSS solutions.
Wells Fargo & Company has expanded its “ExpressSend” remittance network through an agreement with UniTeller Financial Services. WIth this, Wells Fargo will extend its consumer remittance payout network distribution to 9 additional financial institutions and alternative financial services companies in Guatemala, Colombia, Ecuador, Honduras, Peru, Philippines and Vietnam. Wells Fargo now has one of the largest number of payout locations for a U.S. bank-managed remittance service, creating added convenience for its customers and their family and friends.
More than 300 Wachovia banking locations across the southern half of Florida became Wells Fargo stores following the conversion of locations in the north, central, and greater Tampa area of Florida last month. Now over 70 million Wells Fargo customers can access nearly 700 Wells Fargo stores and more than 900 ATMs throughout Florida while the Bank added more than 1,500 new jobs across the state. For instance, the Wells Fargo ExpressSend distribution network includes more than 27,000 remittance payout locations with 26 remittance companies located in Argentina, Bolivia, Colombia, Dominical Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, and Peru.
Wachovia banking locations across north and central Florida and the greater Tampa area officially became Wells Fargo stores in the latest phase of the largest bank merger in U.S. history. More than 4.6 million Florida customers can now take advantage of 363 Wells Fargo stores and more than 500 ATMs across that part of the state. Wachovia banking locations in the southern half of Florida will transition to Wells Fargo stores in July, and other eastern states will follow throughout 2011. Meanwhile, the Wells Fargo “ExpressSend” distribution includes over 27,000 remittance payout locations with 26 remittance network companies located in 15 countries.
Merchant Data Systems merchant credit card processing services reviewed several solutions in the marketplace for technology, technical support, customer service and industry participation and expertise and extended its contract with ControlScan PCI compliance solutions. Businesses looking to Merchant Data Systems for credit card merchant services will continue to utilize ControlScan’s “PCI 1-2-3” compliance solution, available online via a merchant portal called myControlScan.com. PCI 1-2-3 provides industry-leading tools and support to analyze, remediate and validate PCI compliance for small merchants at an affordable rate.
Merchant Data Systems has completed its latest acquisitions and forged a joint venture with Elite Processing. The joint venture will offer a business model with a customized deal structure allowing Partners to determine their cash needs up-front. The Merchant Data Systems Equity Empowerment model for merchant credit card processing services targets small businesses frustrated by an inability to support their agents and merchants with the same enthusiasm that entrepreneurs demand. Merchant Data Systems facilitates participative underwriting and personalized customer service. Merchant Data Systemsis a digital merchant and mobile credit card processing services shop built to scale the business and empower our Partnersâ success. Available operational expertise is also available to support sales growth with proprietary residual software and credit card payment gateway capabilities was a major factor in cementing the JV.
Payment processor Merchant Data Systems has partnered with GA-based PCI
compliance provider ControlScan to offer PCI DSS validation to
merchants. Merchant Data Systems merchants will now have access to
ControlScan’s “PCI 1-2-3” compliance solution, available online via a
portal called “myControlScan.com”, which provides merchants with the
leading tools and support necessary to analyze, remediate and validate
PCI compliance, including the PCI 1-2-3 Self Assessment Questionnaire;
PCI 1-2-3 Vulnerability Scanning; PCI 1-2-3 Security Policy Builder;
PCI 1-2-3 Security Awareness Training and Personal Touch Support.
ControlScan is a provider
of Payment Card Industry (PCI) compliance and security solutions
designed exclusively for small- to medium-sized e-commerce and retail
merchants. ControlScan provides
easy-to-use Web-based security solutions and a personal level of service
that make it easy and cost-effective for these businesses to analyze,
remediate and validate compliance.
Based on a survey conducted by the housing charity Shelter, 7.5%
of those between the age 18 and 24 have been forced to use credit
cards to pay mortgage or rent over the past 12 months. According
to experts at the company, the credit crunch, interest rate hikes and
un-affordable housing, combined with irresponsible mortgage lending
and credit profiling are the reasons for this trend, which was mostly
felt in the West Midlands and Wales regions. In these regions, 9%
of homeowners and renters have been forced to make the respective
payments on credit.
The International Card Manufacturers Association’s (ICMA) EXPO,
to be held in October of 2007, will conduct seminars addressing ID
technologies, contactless technology, personalization trends and will
focus on issues affecting the card manufacturing industry. Also
featured at the event will be the association’s annual “ÃÂÃÂlan Awards for
Card Manufacturing Excellence”, to recognize multiple categories for
outstanding card design, and the “Spiritus Award,” to one company
for the implementation of a noteworthy, community-based program
for the betterment of society. Experts predict a record high-turnout for
this year. The ICMA has over 200 members globally and acts as a
clearinghouse for production, technology, application, security and
environmental issues of plastic cards.