In today’s CardFlash News Que: FROST & SULLIVAN (digital); NEXONIA (webinar); and YAPITAL (Deutscher Sportausweis).
CardWeb.com’s CardData database of Company Profiles today features First American Payment Systems.
LendingTree, the nation’s leading online loan marketplace, has announced a series of senior executive appointments to fully align the company’s management team for rapid scale and to leverage new growth opportunities.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Neil Garner, Chief Executive Officer and Founder of Proxama.
Peer to peer lender Harmoney launched its online lending marketplace with $100m lending capital, bringing the world’s fastest growing form of lending to the Kiwi public. Peer to peer lending is an established form of investment, currently growing at more than 200% per annum, and has been described as “banking without the banks.” It is an increasingly popular form of crowd funding that is changing the way that people borrow and invest. In the United Kingdom, the UK Government is the largest funder of P2P loans. Harmoney’s fully compliant online platform automates the process of investing and borrowing. The system is fast, easy to use and offers a marketplace in which to transact with Bank Grade Security. A lower cost structure means that savings can be passed on to borrowers and investors.
Skrill Group appointed Neil Ward as Group Chief Product and Marketing Officer (CPMO). This new position has been created in order to deliver insight-driven customer value via an aligned product and marketing strategy. Neil will be based at Skrill Group’s global headquarters in London. Ward joins Skrill Group from Skype, where he held the position of Senior Vice President and General Manager of Global Business Operations, overseeing the delivery of user experience and operational delivery in more than 140 countries. Prior to joining Skype, Neil was General Manager of Business to Business Services at BT Group plc and he previously worked in a range of senior sales, marketing and operations positions with organisations including Affinity Cards, Virgin Media, Havas Advertising and Adidas.
BorrowersFirst has secured equity and debt funding from SF Capital Group. BorrowersFirst solutions include Connected Credit for fast, friendly, transparent, responsive service, Custom credit scoring and an advanced lending platform can easily integrate into partner or corporate sites. This makes it easier for consumers to “connect to credit” at home, at work, and even through their jobs, as BorrowersFirst customizes employee lending initiatives with large employers.
Optimal Payments Plc. announces the launch of an all-new NETELLER® online payment processing service. Working through a federally-insured U.S. financial institution sponsor, Optimal Payments is bringing these services to the U.S. marketplace. The NETELLER service and Net+® Card in the U.S. leverage the wealth of experience that Optimal Payments brings to the payments processing markets. Consumers already use NETELLER and the Net+ Card outside of the U.S. to safely and conveniently pay and receive funds for products and services online.
oti PetroSmart received a follow-on order from Smart Applications International Ltd. (SMART) for 200,000 MediSmart cards. The MediSmart solution is an information management and claims submission system that incorporates contactless smart card and biometric technologies. oti’s MediSmart cards validate the identity of a patient by using fingerprint biometric technology, which cuts down on fraud and impersonation. MediSmart benefits medical administrators, hospitals, clinics, medical service providers and patients by offering fast and secure access to medical information, transaction generation, claims and expense management, and reporting tools. SMART continues building its presence in the African healthcare sector. MediSmart has recently been enhanced to support electronic switching of claims, improving the efficiency of claims delivery and the quality of data delivered to customers.
TSYS has been recognized as one of America’s most community-minded companies in The Civic 50, an annual initiative that identifies and recognizes companies for their commitment to improve the quality of life in the communities where they do business. The survey was conducted by the National Conference on Citizenship (NCoC) and Points of Light, the nation’s definitive experts on civic engagement, and published by Bloomberg News. This year’s Civic 50 applicants were evaluated and accrued points based on several criteria, including financial and human resources applied to civic improvement, how broadly community engagement is supported and institutionalized within a company’s policies, systems and incentives, and how a company measures the social and business value of its community engagement programs.
MoneyGram signed an agreement with OzForex foreign exchange service provider to power mobile and web money transfers to customers. The agreement now gives MoneyGram customers the ability to make money transfers to bank accounts overseas via PC, tablet, or mobile phone. It also enables customers to execute transfers on specific dates or at specific exchange rate targets, and the option to buy “bundled transfers” to lock in low, ongoing average transaction costs. The agreement with OzForex enables MoneyGram to provide a channel to customers who need to transfer large amounts directly to an overseas bank account, which will also continue to offer cash-to-cash transfer options to these residents via its network of more than 321,000 agents in 198 countries and territories.
payleven mobile payment provider is making its Chip & PIN card reader available for anyone to buy off the shelf in Apple retail stores and on the Apple online store. This marks the first time ever that it has been possible to buy a card machine on the high street, lowering the barriers to entry for budding entrepreneurs wanting to start their own retail business. The small gadget links up with an iPhone, iPad or Android device via Bluetooth to make it quick and easy for anyone to start taking card payments from major card providers such as VISA and MasterCard. It can be used anywhere with mobile or Wi-Fi signal, making it perfect for plumbers, gardeners and electricians visiting homes, or markets, pop-up shops or boot sellers regularly on the move.