Fiserv announced that General Colin L. Powell (Ret.) will deliver a keynote address at Forum 2013, the annual fall conference for Fiserv credit union clients. Other highlighted guest speakers include Dan Mica, former U.S. congressman and past president and CEO of the Credit Union National Association (CUNA), and Marcus Buckingham, author of seven best-selling books on strengths in the workplace. Forum will be held Sep. 9 – 12 at The Venetian and The Palazzo in Las Vegas. Forum 2013 is focused on helping credit unions deliver financial experiences that deepen member relationships and drive growth. In addition to the general session speakers who will provide new perspectives on leadership, innovation and management, Forum 2013 will feature sessions across five content tracks: Digital and Mobile Revolution; Payments Transformation; Member-Driven Experience; Risk and Compliance Impact; and Efficiency, Performance and Analytics.
GlobalPlatform has reached 100 members and has produced widely adopted specifications for secure-chips, devices and back-end systems. The infrastructure delivers a trusted end-to-end solution, which facilitates the secure and interoperable deployment and management of multiple embedded applications on secure chip technology. The need to deploy services using an agreed infrastructure has become particularly important as markets converge to deliver innovative chip-based services to consumers through mobile devices.
Kilowatt Credit Union selected First Data for debit processing services. Having joined the Star Network, signing a multi-year agreement under which STAR will provide PIN-secured debit point-of-sale (POS) and ATM access to its cardholders, Kilowatt Credit Union serves the employees and families of Alliant Energy Corporation and its subsidiaries. The League has had a relationship with First Data for debit processing services for more than a decade. STAR EFT networks has more than 2 million retail and ATM locations, and a First Data company. First Data is a global leader in electronic commerce and payment processing.
Citi and The NeuGroup year-long collaboration identified core treasury and cash management principles to guide any treasury department aspiring to become world-class. The joint research program between Citi’s Global Transaction Services and NeuGroup’s Global Cash and Banking Group (GCBG) was comprised of 25 Fortune 500 senior treasury practitioners from across a variety of industries. The partnership subsequently developed principles across 15 treasury operations and cash management categories to aid companies in defining what a world-class treasury operation looks like and help them determine when they have achieved their goals. These focus on what is needed to drive success and covers categories from organization structure to liquidity optimization, operational efficiency, and technology.
Mobey Forum mobile financial services has released its white paper on how mobile remote payment technology can effectively be delivered to end-users by leveraging existing systems and establishing an open infrastructure. Appealing to decision makers at financial institutions, “Mobile Remote Payments General Guidelines for Ecosystems” focuses on payments where two parties are able to send and receive or exchange funds using the mobile channel, irrespective of where they are located. Other points touched on include the role of the mobile phone number and how this can be used instead of bank account details; needs of different markets vary considerably and what might be an efficient solution for one market might not be acceptable for another; and establishing and agreeing a roadmap to mass-market interoperability is key to drive adoption.
Smart card advisory GlobalPlatform has announced its Board of Directors
for FY 2008-2009. Sebastien Tormos, VP Marketing at Datacard Group is
the new Chairman and will be supported by Marc Kekicheff,
Senior Business Leader of Product Technologies at Visa Inc., who will be
GlobalPlatform’s Vice Chair for a fourth term and Yves Moulart ÃÂ¢ÃÂ
Director of Cards, Technology and Architecture within
STMicroelectronics’ Smart Card Products, Software Engineering division
as Secretary/Treasurer. Five new Board members were selected that
include Bob Beer, Business Consultant – Aconite; Jean-Loup Depinay,
Program Manager R&D Funding ÃÂ¢ÃÂ Oberthur Card Systems; Dominic Fedronic,
Chief Technology Officer – ActivIdentity; Eikazu Niwano, Senior Research
Engineer, Service Integration LaboratoriesÃÂ¢ÃÂ NTT Corporation and Uwe
Wittig, Group Vice President, Cards & Services, Division Payment –
Giesecke & Devrient. One of the first duties of the new Board of
Directors was to reappoint Shoji Taniguchi, Chief Marketing Specialist
at Toshiba Corporation, to his position as Strategic Director to
maintain responsibility for
positioning GlobalPlatform in key Japanese and Asian government initiatives.
VersaPay has partnered with the Alberta Chambers of Commerce(ACC) to
provide its member businesses with discounted acceptance rates of VISA,
Mastercard and INTERAC Direct Payment processing. Of the 22,000 businesses
and 127 boards, preferred rates on VersaCard’s stored-value card, gift
cards, point of sale terminal fees and the mentioned processing fees will
be provided to those members in good standing. VersaPay provides hardware,
technology, Infrastructure, support services, EMV compliant point of sale
terminals, payment solutions and payment platform integration to Canadian
retail businesses while the Alberta Chambers of Commerce harbors strength
in numbers for advocacy and networking opportunities of its members.
The Toshiba Corporation has upgraded its GlobalPlatform membership to
“Full Member” status. With this development, Toshiba Corporation will
contribute more to the platform through its participation in all three
GlobalPlatform technical committees. The committees include “the Card”,
“Device” and “Systems” Committees. Furthermore, Toshiba will be
contributing to the platform’s Advisory Council, a forum highlighting
trends, will be given increased voting rights for the body and is able to
nominate representatives for the Board of Directors. Toshiba is the 9th
largest manufacturer of electronic products while GlobalPlatform is a
member-driven platform focal on smart card infrastructure development
and is represented around the world.
Capazoo has launched a social networking website, Capazoo.com, that
operates on a unique model which adheres to the philosophy, “nothing is
free.” Unlike most other social networking sites, whereas users are used
as “puppets” for the advertising campaigns of big business, Capazoo.com
users are rewarded for their virtual work through its system of “Tipping”
and friend referral. Capazoo’s tipping system grants users points on a cash
card, which can then be converted to cash, for providing “tips” on fellow
users’ videos photos, music, profiles and blogs. These reward points,
“Zoops”, are redeemed from a portion of the websites advertising funds and
are in response to the greedy websites whom capitalize on the same token.
“Tipping” consists of users acknowledging one another for whatever
material is posted on their site and can earn up to 1,000 “Zoops” daily to
their card with no other limit. Regarding the referral program, those whom
invite others to join will earn “Zoops” for up to four generations of
that upgrade, also with no other limitations. Capazoo.com hails itself
first of its kind with its own Member-driven economy.
SmartTrust is committed to developing and promoting interoperable
specifications for the smart card infrastructure. In response, the
company has announced its decision to become a member of the
smart card international specifications body, GlobalPlatform. As a
member, SmartTrust will contribute to the technical activities of
the Systems Committee and will participate in the Advisory Council.
Almost 200 mobile networks rely on SmartTrust to manage
subscribers, their handsets and access to mobile services.
GlobalPlatform is a member-driven organization with cross-industry
representation. The organization had over 40 GlobalPlatform-based
smart card implementations and 110 million GlobalPlatform cards in
circulation in 2006. Currently, there are 1.2 billion GlobalPlatform
GSM implementations worldwide.
New York-based E&I Cooperative Purchasing has launched a purchasing card program via GE-Corporate Payment Services for universities offering volume incentives regardless of the size of the institution. In addition to the MasterCard purchasing card, GE-CPS offers the virtual settlement tool, vPayment.
MasterCard launched its “Trip-A-Day Giveaway” holiday sweepstakes this weekend and its first major motion picture tie-in to support the promotion. Each time a U.S. cardholder uses their MasterCard card for a domestic transaction through December 31st, they are automatically entered for a chance to win one of 62 prize trips. The trip consists of admission to the Universal Orlando Resort, including five-day tickets to Universal properties, lodging at the Royal Pacific Resort, and round-trip air/land transportation and spending money. As the cornerstone of the integrated marketing campaign to support the promotion, MasterCard is running a new 30-second “Priceless” TV ad featuring the props, sets and characters featured in the motion picture, “Dr. Seuss’ The Cat in the Hat.” MasterCard has also created a “Cat in the Hat” themed “Priceless” print advertising campaign. Other marketing activities include member-driven cardholder statement inserts, in-branch signage and co-branded web sites; merchant partner point-of-sale signage; and merchant partner overlay promotions with key retailers. MasterCard will support the promotion with buys on Univision and Telemundo television networks to reach Hispanic-American consumers. Universal Pictures/DreamWorks Pictures/Imagine Entertainment’s release of “Dr. Seuss’ The Cat in the Hat” is scheduledfor Nvember 21st.