ACI Board
Naples, FL-based ACI Worldwide has ankled James C. Hale to its Board of Directors. Hale has more than three decades of management experience in banking and international payments innovation.
PenFed EVP
Pentagon Federal Credit Union (PenFed), the second largest credit union credit card issuer, has named a new executive vice president of business development and government and community affairs.
CashStar President and CEO to Present at OASIS Summit
CashStar, the digital gifting company preferred by the world’s leading brands, announced that its president and CEO, Ben Kaplan, has been invited to speak at OASIS: The Montgomery Summit. The OASIS Summit, an invitation-only event featuring top entrepreneurs and investors, senior level media and technology executives, and leading industry visionaries, makes its debut this year with 150 exceptional presenting companies. Kaplan will share how CashStar is transforming the gift card market with digital gifting and branded currencies that enable merchants to increase revenue, drive customer acquisition, and improve customer loyalty.
PCI Gaming Opening New Casino-Resort
PCI Gaming unveiled a major awareness campaign targeting Atlanta to support the opening of this new resort. The multi-channel effort includes unique and innovative interactive promotions and marketing elements aimed at building awareness in the Atlanta market for what will become the city’s closest casino. The focus of this campaign is to support awareness for the December 17 opening of Wind Creek Wetumpka, PCI Gaming’s newest and largest property. The $250 million casino-hotel is a two-hour drive from downtown Atlanta, just outside Montgomery, Alabama, and is the city’s closest casino. Wind Creek Wetumpka offers 2,520 gaming machines on an 85,000 square-foot casino floor. That’s about the size of two football fields. It is surrounded by 5 restaurants including a luxury steakhouse, Fire, whose sister restaurant at the Wind Creek Atmore earned AAA’s coveted four-diamond award, the only restaurant in Alabama with that distinction.
TransAct Extends Relationship with PCI Gaming
TransAct Technologies extended its relationship with PCI Gaming Authority to bring its Epicentral® promotion and bonusing system to a second casino operated by the tribe following the implementation of Epicentral at Wind Creek Casino & Hotel Atmore in March 2013. The deployment, which is expected to go live in late 2013 and represents an extension of the existing Epicentral system in place at Wind Creek Casino & Hotel Atmore, will bring Epicentral to all 2,500 Class II electronic games at Wind Creek Casino & Hotel Wetumpka and expand the Company’s deployment at PCI Gaming facilities to a total of approximately 4,200 games. The cost-efficient software system that enables casinos to internally develop marketing programs and promotional coupons for distribution to customers on a real-time basis at a machine. The system works with existing systems and games as it operates with a separate and distinct connection to TransAct’s Epic® 950 printer. As a result, casinos can deploy the Epicentral Print System to connect to all existing machines.
payvia Partners Mobile-XL on mPayment Solution
payvia direct carrier billing mobile payments partnered to integrate its mobile payments technology with Mobile-XL, whose feature phone browsing platform provides access to digital services such as Facebook, Twitter, email, news, sports and games for millions of people in Africa and India. Mobile-XL browsers use SMS as a data channel, creating an innovative solution that gives feature phone users access to a wide range of digital content. By adding payvia’s mobile checkout into services on the Mobile-XL browser, the partnership will let consumers purchase digital goods and services with two-click payments made from their prepaid carrier airtime. This means that millions of feature phone users will have a fast and secure way to transact across services like social media, communications, news and games, without requiring a bank account or credit card.
MACH and payvia Partner on mPayments
MACH direct operator billing and payvia mobile payments partnered to integrate their carrier billing technologies providing customers with seamless worldwide mobile payment platforms. With this, MACH will launch its Direct Carrier Billing service in the US, leveraging payvia’s US footprint and relationships with the main mobile operators. payvia and MACH’s platforms monetize services for developers, app stores, online merchants and other content providers, opening a brand new revenue stream and letting them maximize revenues from online, in-app and app billing. By bringing their direct carrier billing technologies together in a seamless global platform, the partners will extend this frictionless payment option that is more secure, fast and convenient than both credit card and premium SMS billing.
My Mobile Payments Launches mWallet
My Mobile Payments mobile payment service provider launched ‘Money-on-Mobile’ (MOM), an M-Wallet service which permits a mobile phone subscriber to purchase a wide range of goods and services using the mobile phone instead of paying by cash, cheque, debit or credit cards, for the Indian market. The ‘MOM’ platform allows the Indian consumer to load their mobile phones with cash of various denominations, minimum being INR 20, at retail touch points and then use this virtual money to top-up any prepaid mobile recharge and DTH recharge, pay postpaid mobile bills, utility bills such as electricity and gas and purchase airline, bus and movie tickets. MOM’s service operates independent of the consumer’s mobile operator or bank, and hence any mobile subscriber can avail of its services through the SMS or mobile application-based platform. ‘MOM’ is focused on the unbanked market that has no alternate to payments except cash.
Calpian Invests in My Mobile Payments
Calpian electronic payment processing investmented in India-based My Mobile Payments Limited through Digital Payments Processing Limited. Working with MMPL, DPPL will be the customer face of Money on Mobile, a service that allows individuals to use their cellular phones to make routine payments such as mobile phone top-up, television time, and moving money using simple text messaging technology. According to the Telecom Regulatory Authority of India, there are 903.7 million cell phone subscribers in India, and the country is adding 9.9 million new subscribers per month.
Guaranty Bank Protects Implements IronKey Security
Guaranty Bank is enhancing online security to protect customers from cyber thieves targeting online banking users of ACH and wire transfer services, offering commercial customers IronKey’s Trusted Access. This gives them secure access to the bank’s site at the point most vulnerable to malware attacks — the customer’s PC. The industry analyst firm Gartner estimates that cybercriminals have robbed banks, businesses and municipalities in the U.S. of more than $3 billion using financial malware. IronKey Trusted Access will be required for all cash management customers and offered to all business banking customers.
Eight Credit Unions Introduce Coopera Card
Eight credit unions have signed on to begin offering the Coopera Card in 2012. A reloadable Visa prepaid card built specifically for the Hispanic community, the Coopera Card provides financial institutions with a tool for attracting new members and earning additional interchange income. The prepaid card gives Hispanic cardholders access to a secure financial management tool and eliminates the need for paying high fees for check-cashing, money order or money transfer services. A credit history is not required and alternative forms of ID are accepted to obtain the card. The Coopera Card was developed by Coopera in partnership with sister company and card processor The Members Group (TMG) to help credit unions ease members of the Hispanic community into the financial mainstream.
Online Resources Inks American Heritage FCU
Online Resources Corporation online financial services has partnered the American Heritage Federal Credit Union whereby it will implement Architect retail banking software solution. American Heritage will convert to Online Resources’ solution in early 2012, providing its more than 110,000 members access to a highly intuitive, personalized online banking experience. At the same time, the advanced banking solution provides the Credit Union access to robust tools and technology that enable a high level of control over the administration and future enhancement of the service. Architect software includes advanced functionality such as online account opening, personal financial management, one-to-one marketing and social media integration.