VoiceTrust digital payments and voice biometric solutions partnered Speed Remit Money Transfer. VoiceTrust is launching its remittance service in partnership with Speed Remit Money Transfer, allowing cardholders to remit money through 197 Speed Remit agent branches. Cardholders will receive discounted transfer fees by presenting their VoiceTrust/Speed Remit loyalty cards. VoiceTrust will simultaneously launch Cash Back for its payroll corporate customers. Cash Back will be earned on every remittance transaction completed by their employees, therefore helping the companies to reduce their monthly costs on the payroll card.
VoiceTrust digital payments and voice biometric solutions acquired Perceive Solutions voice technology firm. VoiceTrust is a provider of voice biometrics security and its “Proof-of-Life” program, to offer safe, secure and cost efficient delivery of various payment services, like secure pension disbursement that allows pension funds using voice biometrics to ensure that the recipient is still alive and in-country. Recipients do not need to personally visit pension fund locations to authenticate themselves. VoiceTrust is majority owned by Ramphastos Investments, the investment vehicle of Dutch investor Marcel Boekhoorn.
VoiceCash announced Dr. Tariq Habib will become the new CEO of VoiceCash Middle East and Asian operations. Regarded as a pioneer for the digital economy in the Middle East, Dr Habib has held various senior-management positions at Emirates Telecom Corporation (Etisalat) including CTO/Comtrust and founded several e-commerce and payment provider service companies. VoiceCash accelerates the internationalization of mobile money transfers, connecting national closed loop payment services and enabling cost-effective and simple mobile money transfer worldwide for true global mobile banking.
Hypercom has announced that Al Rajhi Bank has purchased 4,000
Optimum card payment terminals. Among the terminals purchased is
the “Optimum M2100” wireless terminal which is portable, battery-
operated and allows for secure point-of-sale transactions. Purchase
orders were also made for dial-up card payment terminals. Al
Rajhi Bank has over 500 branches, 1600 ATMs, and 1200 installed
points of sale. The bank has capital of SR 13,500,000,000.
Hypercom provides secure payment solutions in over 100 countries.
Durango, CO-based Mercury Payment Systems has added a card-validation code to its gift cards with the first deployment of cards for Edible Arrangements, a franchise with an online store and nearly 300 locations nationwide. A card-validation code is known as the Card Validation Value (CVV), which apears on credit cards to raise the level of fraud protection. The CVV code helps protect the merchant from fraud, particularly on “card not present” transactions for online store purchases. Mercury Payment Systems is an integrated transaction processing company created to enhance point-of-sale systems by offering credit, debit, check, gift card and loyalty processing.
Mercury Payment Systems and Worldwide Payment Services have entered into
an agreement to provide integrated, Internet protocol payment
processing solutions. The Mercury solution, which is integrated to the
merchants’ point-of-sale systems, enables fast, two-second
Internet protocol processing of credit, debit, check, gift and loyalty
transactions. Mercury’s application includes free Web reporting, 24/7
technical support and free gift card processing. Mercury Payment Systems
is an integrated transaction processing company created to enhance
point-of-sale systems by offering credit, debit, check, gift card and
loyalty processing. Worldwide Payment Services is a provider of
end-to-end, credit/debit/gift/loyalty/store value cards, HIPPA-compliant
transactions, and check acceptance processing systems and services for
banks, merchants, corporations, healthcare providers and government
Hypercom distributor Alhamrani Universal has ordered 5,000 “ICE 5500Plus” and 5,000 “S9” card payment devices for Saudi Arabia’s
major banks. This marks the largest one-time order ever for Hypercom
Middle East. AU planes to offer the terminals and devices to its clients who include The National Commercial Bank, Arab National Bank, Al Rajhi
Banking and Investment Corporation, Riyad Bank, The Saudi British Bank
and Saudi Hollandi Bank.
Al Rajhi Banking and Investment Corporation has purchased more than 200 Diebold ATMs, including “Opteva” units. The units will operate on Diebold’s “Agilis” software platform, an open system that allows multiple vendors’ terminals and their respective technologies to co-exist. Al Alrajhi Bank has the largest branch and ATM network in the region. Diebold operates in the Kingdom of Saudi Arabia through its distributor Alhamrani Universal.
American Express, a longstanding partner of the NBA and WNBA, announced a series of five television advertisements featuring NBA and WNBA players and coaches. The new campaign highlights the unique attributes of the NBA and WNBA, and will be the first time American Express has used NBA and WNBA players in national television advertising.