Scandinavian Airlines will formally accept online ticket purchase of UnionPay cards before the end of the summer. It will join hands with many European airlines like Air France, KLM Royal Dutch Airlines, Deutsche Lufthansa, Finnair, LOT Polish Airlines, and Ukraine International Airlines to accept UnionPay.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Epos Card Visa.
The Smart City App Hack sponsored by FIWARE and MasterCard has confirmed Dubai, Barcelona, Helsinki and Ghent will participate. The cities will join forces aiming to create a network of citizens that will collaborate in designing and building the Smart Cities of 21st century, through mobile app development.
ARCONTIA INTERNATIONAL AB announced its new embedded contactless smart card reader for the Nautiz eTicket Pro II PDA. The Arcontia reader is fully integrated into Handheld’s new Nautiz eTicket Pro II PDA, offering a compact and ergonomic mobile solution for a range of ticketing applications in public transport. The combination of the contactless smart card reader and the PDA provide customers with a lean and rugged mobile device for ticket control, travel information and support workflow processes.
Fiserv multi-asset post-trade processing solution, TradeFlow, is now available for financial institutions operating on Red Hat® Enterprise Linux®, the leading global provider of open source enterprise-class technology. TradeFlow for Linux is designed to meet the demand from wealth managers for secure and scalable financial solutions designed for an open source technology stack. TradeFlow for Linux allows wealth managers to minimize trading risks, reduce operating costs and enhance efficiency across a number of post-trade activities, including trade capture, data enrichment and management, confirmation and affirmation, as well as settlement and clearing. The solution integrates support for central counterparty clearing of OTC derivatives through MarkitSERV, and facilitates the automated import of Standing Settlement Instructions from Omgeo ALERT.
Equens was elected by the Finnish OP-Pohjola Group as new card processing partner. Both parties signed a long-lasting contract for card services.It is highly exceptional that a bank actually acts upon the SEPA European level playing field by switching from processor. With OP-Pohjola as new client for card-related processing services Equens will create a clear footprint in the Northern European cards market. Expectations are that the first card transactions will be processed in Q4 2014. OP-Pohjola already had an agreement with Equens for the processing of SEPA payments as well as their regular cross-border euro payments since 2008. With this new agreement OP-Pohjola Group will also entrust their debit and Visa Electron card processing to Equens. Equens card and payment processor processes 10.4 billion payments and 4.4 billion card transactions, operating over 61 million payment cards, 873,000 payment terminals and 21,000 ATMs.
Digital Chocolate Inc., a leader in cross-platform social games, announced today the release of two premium games into the Android Market that feature ad hoc, proximity-based multiplayer capability based on AllJoyn™ peer-to-peer technology. AllJoyn is an open-source, radio-agnostic application development framework, developed by Qualcomm Innovation Center, Inc., a wholly owned subsidiary of Qualcomm Incorporated, which…
DFC Global financial services for the unbanked and under-banked expanded its internet loans offering. The Company is providing these loans by leveraging the scalable technology platform and back-office support capabilities of its Scandinavian internet lending business (Risicum) based in Helsinki, Finland. DFC Global international diversified financial services company serves those whom purchase some or all of their financial services from the Company rather than from banks and other financial institutions.
Grapevine Rewards travel social rewards, announced that its Bamboo Facebook and Twitter Rewards Platform is fueling Estonian Air’s Social Loyalty Program, “AirScore.” Running in parallel to their current frequent flyer program, AirScore, which achieved more than 1,340,000 wall impressions in its first ten days, has recently been awarded two major social media awards in the aviation loyalty and frequent flyer programs industries. The event took place at the EyeforTravel Online Marketing and Social Media Summit in Amsterdam, Holland. AirScore customers who use the Bamboo Platform become ‘Brand Ambassadors’ and gain access to the inside scoop, all the while distributing the latest news, videos, polls, quizzes, and special offers via wall posts, invites and gifts to their connected friends.
Dollar Financial Corp diversified financial services company serving primarily unbanked and under-banked consumers for over 30 years acquired Risicum Oyj internet loans for approximately $46.0 million. Risicum was established in 2005 to provide loans predominantly in Finland through both internet and mobile phone technology, utilizing multiple brands to target specific customer demographics. Risicum also provides internet and telephony-based loans in Sweden. The trailing twelve months EBITDA for Risicum is approximately $9.2 million and the acquisition is expected to be immediately accretive to earnings. The Company expects to provide its initial earnings outlook for fiscal 2012, including the Risicum business net of acquisition and transition costs, when the Company announces its financial results for the fiscal year ended June 30, 2011.
Fico analytics and decision management technology announced the Ferratum Group mobile microlending is set to implement “Model Builder 7.1” to develop more than 100 predictive models to support its growth in 15 countries over the next two years. Ferratum provides short-term, unsecured microloans to borrowers across 15 countries, serving up to 1 million customers worldwide. Ferratum’s modelling team will use FICO Model Builder to build different models for different products and countries, and will explore creating models for different sales channels. The demand to build a high volume of models with a small team drove the selection process, in which FICO Model Builder beat products from SAS and other competitors.
UPM RFID is launching an extensive selection of RFID NFC tags and inlays to meet the needs of a variety of applications. UPM RFID’s latest NFC products are top performers designed to satisfy the growing demands of NFC application developers looking for readily accessible tags. UPM RFID has released several NFC tag products over the years supporting the latest ICs, and has built a solid reputation globally as a supplier of high-quality, high-volume NFC tags. UPM RFID’s “All-Star” NFC products have been UPM BullsEye(TM), UPM RaceTrack(TM) and UPM MiniTrack(TM). UPM RFID is working with leading NFC smartphone manufacturers to ensure the interoperability of products in various end-uses. As tag functionality and performance are defined in cooperation with device manufacturers, UPM RFID will have greater opportunities to utilize market feedback to match high-quality NFC products to market needs.