CardWeb.com’s CardData database of Company Profiles today features First American Payment Systems.
NCR Corporation announced that Gibraltar International Bank has chosen NCR and local channel partner BSG Computer Systems to deliver the latest NCR intelligent deposit ATMs and NCR software solutions. The NCR solutions are expected to increase transactions through the more convenient ATM channel, available 24/7 in a range of locations in Gibraltar. This transition will improve customer experience by freeing bank staff to interact with customers on other high-value banking services.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Vicki Lawrence, Chief Operating Officer of Linqto.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Vicki Lawrence, COO of LInqto.
American Bill Pay and American Benefits Foundation are getting slammed again by the FTC. Two new defendants have been named in a case against a phony debt relief and credit repair scheme.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Vicki Lawrence, Chief Operating Officer and Co-Founder of Linqto.
MasterCard launched its MasterCard Center for Inclusive Growth to conduct and support academic research and provide strategic philanthropic investments that further sustainable and equitable economic growth and financial inclusion around the world. More than a billion people live in extreme poverty, and 2.5 billion adults lack access to formal financial services. While progress is being made, inclusive growth can be the difference, especially for emerging markets, between a volatile economy and one that’s sustainable and sensible in its growth over time. Recognizing that timely, high-quality and relevant information is critical to sound decision-making, the Center will work with government agencies, academic institutions, non-profits, foundations and private corporations to create and curate relevant knowledge assets and convene a global knowledge network. The Center will also focus MasterCard’s strategic philanthropic investments on programs and initiatives that advance financial inclusion through entrepreneurship and economic development.
Merchant Warehouse payment processing solutions partnered Casio and PAX Technology EFT-POS payment terminal manufacturer to offer a fully-integrated payment solution. This will feature streamlined and convenient payment processing services at the lowest cost in the industry. This will allow merchants to achieve a seamless integration of payment technology with secure payment processing services through Merchant Warehouse; POS system/cash register services through Casio; and credit card terminal with IP access and phone backup through PAX.
Citi forged a multi-year credit card agreement with BrandSource buying group to offer customer financing for purchases at more than 4,500 locally-owned BrandSource retailers. Citi will provide customer value propositions and fully integrated marketing programs to drive increased BrandSource sales and loyalty. The BrandSource Credit Card will provide BrandSource customers special rebates and offers, no interest financing options and a simple application process, including in-store credit approval.
Good360 nonprofit organization in product giving has joined Donate My Card as a participating partner charity, offering them a new opportunity to raise funds, increase awareness of their mission, and grow their donor base. With an estimated $5-10 billion ending up unused on the $100+ billion of gift and prepaid debit cards sold each year in the United States according to industry studies, holders of gift cards, rebate cards and pre-paid debit cards can now easily, safely and securely donate those balances without spending additional dollars through Donate My Card’s website (http://donatemycard.com). Donate My Card currently accepts any “open-loop” cards, those issued by VISA®, MasterCard®, Discover®, and American Express® and anticipates being able to accept “closed-loop” retail gift cards later this year.
NY-based Signature Bank appointed two private client banking teams led by Nelli Teplinsky as Group Director, SVP, and Natalie Leviev, Senior Client Associate. Both appointees join from HSBC, where Teplinsky was VP, Senior Premier Relationship Manager for 10 years as part of her 20 years’ experience in the industry. Leviev, meanwhile, spent four years with HSBC, most recently as a Premier Client Officer. The Bank also made appointments to improve its Group Director and Senior VP roles, all also from HSBC.
U.S. District Judge Lawrence Piersol denied the government’s motion to dismiss TCF National Bank’s (“TCF”) complaint and took the motion to dismiss the Office of the Comptroller of the Currency (“OCC”) as a proper party defendant under advisement. Conjunctively, the judge denied TCF’s motion for a preliminary injunction, but intends to hold a further hearing immediately following the Federal Reserve Board’s issuance of its final ruling on debit card interchange. Questioning the constitutionality of the Durbin Amendment’s exemption for banks with assets less than $10 billion under the equal protection clause of the U.S. Constitution, Judge Lawrence holds the government’s position that a two-tier pricing system for banks above and below $10 billion in assets will eventually result in a single rate to all banks is speculation on the government’s part.