I-Payout, the global leader in agile enterprise payment solutions, announces the release of its first mobile app, NOW by I-Payout. With 27% of global business transactions being completed via mobile device, the company decided it was the right time to extend its global reach by enabling its partners to manage various account activities via the…
WISEKEY – Swiss-based WISeKey announced its trusted technology for integrating wearable technology with secure authentication and identification, in both physical and virtual environments, by empowering IoT and wearable devices to become secure transactional devices. WISeKey has patented this process in the USA as it is currently used by many IoT providers. ACORNS – Investing app,…
Intuit is releasing a new integration for marketplaces using Stripe for payment processing. This lets independent for-hire workers automate tax reporting via the new QuickBooks Online Self-Employed product. Intuit and Stripe make keeping track of and paying taxes simple through automation. With this new integration, on-demand marketplaces can give their users the free benefit of having their income data flow securely into QuickBooks Online Self-Employed, so that they always have a clear picture of their tax obligations and can easily track deductions, such as business expenses and mileage. This prevents tax penalties and avoiding having to pay any unneeded interest.
GoCardless online payment platform backed by Accel Partners is launching “PayLinks,” allowing business or person to collect one-off, regular and pre-authorised payments online. To collect a payment, a user simply enters an amount and a description, and GoCardless generates a URL – the PayLink – that the user can share across the web. As co-founder Tom Blomfield describes it, “it’s like a Bit.ly for payments – when someone clicks your link, you get paid.” PayLinks can be embedded on users’ websites as a ‘Buy now’ button, emailed out to customers with invoices, or tweeted to followers. To make a payment, a payer just clicks the link and enters their payment details into a secure payment page. PayLinks can be used by anyone – from e-commerce sites, to charities, to contractors, to friends who want to share bills.
The National Retail Federation urged the Federal Trade Commission to move cautiously in establishing regulations for mobile payments, and said any rules that are adopted should parallel those for the underlying form of payment and not be specific to the technology. The NRF represents retailers of all types and sizes, including chain restaurants and industry partners, from the United States and more than 45 countries abroad. Retailers operate more than 3.6 million U.S. establishments that support one in four U.S. jobs – 42 million working Americans. NRF’s Retail Means Jobs campaign emphasizes the economic importance of retail and encourages policymakers to support a Jobs, Innovation and Consumer Value Agenda aimed at boosting economic growth and job creation.
CradlePoint announced an important new addition to its family of business continuity solutions for the Verizon Wireless 4G LTE Network. CradlePoint has received LTE Certification from Verizon for CradlePoint’s fully-integrated 4G LTE failover solutions for existing multi-WAN CPE routers and new network installs in distributed enterprise locations. Designed from the ground up to provide fixed-location network connectivity for businesses, CradlePoint’s retail failover solutions integrate 3G/4G LTE modems to provide the performance, reliability, and security required for POS transactions and the growing set of high-bandwidth retail cloud computing applications providing enhanced customer service.
Pageonce finance service for mobile devices launched its mobile bill pay service, allowing consumers remote control over when and how they pay their bills. The award-winning Pageonce Money & Bills already lets users automatically track all types of bills — from rent and mortgage, utilities, and cell phone to credit cards — and alerts them when a bill is due. Now Pageonce gives users the option to pay immediately from their choice of accounts with a few taps on their smartphone. Pageonce makes paper bills, checks and stamps, and logging into several different websites for online bill pay, obsolete — helping users save time and avoid annoying late and overdraft fees.
BankAtlantic’s free “Text Message Banking” service combines a secure banking medium and the ease of sending and receiving a text message, allowing users to check account balances, view latest transactions, receive low balance alerts, and make fund transfers to their primary account, using text messages from anywhere, at any time. BankAtlantic’s Text Message Banking functionality offers free 24 hour, 7 day a week Text Message Banking; Text Message Low Balance Alert notifications; and fund transfer. It provides customers a banking medium that can be securely accessed by anyone with the ability to send and receive a text message.
Wells Fargo & Company has
launched “International Automated Clearinghouse” (ACH) credit services
to India, Hong Kong and Singapore. The addition of these markets extends
Wells Fargo’s global ACH commitment to meet corporate customers’ needs
in Asia. For companies who need to make cost-effective cross-border
payments, ACH offers a lower-cost alternative to international wires and
greatly reduces or eliminates lifting fees. The Asia services are
completely integrated into all Wells Fargo ACH
origination channels, which include direct transmission, Internet, and
the proprietary “Payment Manager” service. This enables customers to
send ACH payments to additional countries within their existing payments
workflow. Wells Fargo & Company is a diversified financial services
company with $1.3 trillion in assets, providing banking, insurance,
investments, mortgage and consumer finance through more than 11,000
stores, over 12,000 ATMs and the internet.
Citibank today launched the Citibank Debit and ATM Card,
offering customers global access to cash, free of charge at 13,500
Citibank ATMs in over 100 countries, and convenience to make purchases
at more than 29 million Visa merchant outlets worldwide. Citibank is targeting to issue 100,000 new cards over the next 12 months.
With this card, Malaysians traveling overseas will be
able to obtain cash from over 13,500 Citibank ATMs across 100 countries
worldwide, at no extra costs. Customers can also pay for purchases using
the debit card at over 70,000 VISA merchant outlets in Malaysia and more
than 29 million VISA merchant outlets worldwide. Free Retail Purchase
Protection Plan: Along with the convenience of a large global network of
ATMs and merchants, Citi’s debit card also provides customers with
automatic retail purchase protection of up to 30 days, in the event of
stolen, loss or damaged goods up to the prescribed limit.
Citibank has introduced the “Citibank World Privileges on Mobile” which
informs customers of relevant discount offers from 40,000 merchants in over
40 countries. The service informs consumers of discounts available in
shopping, dining, travel, and hotels and is only compatible with mobile
that have GPRS, EDGE or 3G, are “Java software Mobile Information Device
Profile” (MIDP) compliant. The requisite phone must also have a minimum of
700kb of available phone memory. Citibank has a 20% market share in the
region and over a million credit cardholders with nearly a 90% brand
in Malaysia. The new service is available through over 1,000 merchants in
Malaysia and is expected to attract 100,000 users over the next two
currently has more than 145 million cards in 40 countries.
New York-based AllianceBernstein Investments has released a survey showing that 43% of respondents with college debt used a credit card to pay tuition and/or other college expenses and of those, 32% carried that debt for more than five years. Respondents still paying off education-related debt individually and/or for a spouse say their debt has required them to delay some key “rites of passage” into adulthood: 44% have delayed buying a house, 28% have delayed having children and 32% were forced to move back in with a parent or guardian or live at home longer than expected. 27% say their financial situation has caused them to delay getting a dental or medical procedure.