Simple is announcing major updates to both its iOS and Android apps. The Simple 2.0 release makes it even easier to stay on top of your financial life. Simple Instant on Mobile lets you exchange money with any Simple customer instantly. Sending money to another Simple customer is as easy as adding them as a contact and transferring funds. Now, you can send money to other Simple customers on the go. Your friend lent you cash? Pay them back immediately. You forgot to pay rent before taking off for a week-long trip? Get money to your roommates on the road, right from the mobile app. They also updated the look and feel of Goals on the web. The updated design of our Android and iOS apps is a key feature of Simple 2.0.
The NFC Forum announced that Thinfilm and Xerox Corporation have joined the NFC Forum at the Principal level. The first to commercialize printed rewritable memory, Thinfilm is creating printed system products that will include memory, sensing, display and wireless communication such as NFC -at a cost-per-functionality unmatched by any other electronic technology. Since the invention of Xerography more than 75 years ago, the people of Xerox have helped businesses simplify the way work gets done. Today, Xerox is the global leader in business process and document management, helping organizations of any size be more efficient so they can focus on their real business. Headquartered in Norwalk, Conn., more than 140,000 Xerox employees serve clients in 160 countries, providing business services, printing equipment and software for commercial and government organizations. The Principal level is the next-to-top tier of NFC Forum membership, and it includes significant participation opportunities.
Shift4 Corporation, the world’s largest independent payment gateway, is pleased to announce the completion of the EMV certification process to Global Payments Canada. “We started this process nearly 15 months ago,” said Shift4 COO Kathy Oder. “It’s been a long road, with a lot of red tape and bureaucracy to navigate but we’re happy to…
Shift4 Corporation independent payment gateway completed its EMV certification process to Global Payments Canada. POS certified with Shift4 after June 2009 are now able to process EMV transactions just by adding a supported EMV device. Retailers whose systems were certified prior to June 2009 will need to have just a few minor modifications made to their code in order to be EMV-compliant. Shift4’s certification to Global Payments Canada currently covers chip-and-PIN transaction processing on the Ingenico iPP320 device; additional devices may be added in the future. The interface is available to all merchant types, supports all major card brands (Visa, MasterCard, American Express, Interac, and JCB), and has received approval from the respective card associations.
Chase Card Services and illy, the Italian coffee company beloved for its unique blend of the highest quality coffee, hosted the illy Chef Challenge on August 6 at the Westin St. Francis. Presented by Chase Sapphire Visa Signature, San Francisco chefs Chris Cosentino and Elizabeth Falkner faced off against Dominique Crenn and Russell Jackson in a live cooking battle. Cosentino and Falkner were named “top chefs” of the culinary clash after winning over judges with four creative dishes using illy coffee, including Cosentino’s eggs poached in bacon-coffee stock with coffee gélee, potatoes and celery, and Falkner’s coffee ice cream sundae with bananas foster and cocoa nibs. Chase Sapphire Visa Signature cardmembers received VIP seating, as well as discounted tickets to the event. Two Chase Sapphire cardmembers were selected to sit at their own tasting table next to the judges and sample the chefs’ culinary creations.
American Express welcomed 75 emerging nonprofit leaders to the American Express Leadership Academy, which will run at both the company’s New York headquarters and at the Thunderbird School of Global Management in Glendale, Ariz. The American Express Leadership Academy is an international training program, conducted in partnership with the nonprofit Center for Creative Leadership, designed to develop the next generation of leaders in the nonprofit sector. Participants in the program are selected based on a competitive application process from national and local nonprofit partners to hear from American Express senior executives on such topics as media training, leadership training, experiential exercises, individual executive coaching, and team activities. The American Express Leadership Academy at Thunderbird in Glendale is an extension of Thunderbird’s existing Academy, a program that American Express has supported since its inception, for leaders in the social sector.
American Express will extend its philanthropic commitment to developing emerging leaders within the nonprofit sector with a five-year, $25 million funding commitment. The additional funds will be used to expand the American Express Leadership Academy and build partnerships with well-known leadership organizations including the Center for Creative Leadership. This in response to research showing 71% of Americans trust nonprofits more than they trust government or industry to address some of the most pressing issues of our time while 83% believe nonprofits do not always have the resources they need to invest in the growth and development of their employees, indicating a clear need for increased investment in nonprofit leadership.
Small business ownersâ confidence increased for the second straight month in May to 87.4 from 85.1 in April on the Discover “Small Business Index.” In May, 35% of small businesses believe the economy is getting better, up from 31% in April; 51% say the economy is getting worse, down a point from the previous month; and 12%t see the economy as the same, down from 14 percent in April. The percentage of small business owners rating the current economy as good or excellent was 12% in May, compared to 13% in April while 32% rate the economy as fair and 56% still think itâs poor. These improvements are due in great part to more small business owners believing the economy is improving; cash flow issues held steady at 45%; 48% reported no cash flow issues; 28% say economic conditions for their businesses are getting better; and 25% of small business are increasing business spending in May.
2010 SMB INDEX
The NFC Forum has announced 19 new members from 14 countries during its week-long all members meeting taking place in Shanghai.
The NFC Forum welcomes the new members at four levels, including two Principal Members, nine Associate members, four Implementer members and four Non-Profits. They are: Principal Members: Marvell Technology Group Ltd., Bermuda; Rogers Communications, Inc., Canada; Associate Members: Blackboard Inc., US Consult Hyperion, UK, DB Mobility Logistics AG, Germany, Micropross, France, Murata Manufacturing Co., Ltd., Japan, SGS SA, Switzerland, Taiwan Semiconductor Manufacturing Company, Ltd. (TSMC), China, Telecommunication Metrology Center (TMC), China, Zapa Technology, Ireland;Implementer Members: Adamsoft d.o.o., Slovenia, CASSIS International, Singapore, UPEK,Inc.,US, Yulong Computer Telecommunication Scientific Co., Ltd., China ; and Non-Profits Members: Center for Internet Excellence (CIE), Finland, National Retail Federation – Association for Retail Technology Standards (NRF-ARTS), US, NetPort.Karlshamn AB, Sweden, and Universidad Pontificia de Salamanca – Club de Innovacion, Spain. The NFC Forum’s Sponsor members, which hold seats on the Board of Directors, include leading players in key industries around the world. The Sponsor members are: Innovision Research & Technology plc, INSIDE Contactless, MasterCard Worldwide, Microsoft Corp., NEC, Nokia, NTT DOCOMO, Inc., NXP Semiconductors, Renesas Technology, Samsung, Sony Corporation, STMicroelectronics and Visa Inc.
NCO Customer Management, a division of NCO Group, (NCO), has made available its customer relationship management (CRM) platform for its clients. NCO developed this application for a major retailer who partnered with NCO Customer Management to support their new e-commerce initiative. They wanted to harness customer demographic data in a way that turned information into business intelligence that could improve the customer experience. They also wanted to launch their e-commerce strategy in time for the holidays, so they had an aggressive implementation plan. Once NCO clearly established the client’s technical requirements, their IT team built a customized solution in less than 60 days and successfully imported more than 20 million customer records into it.
American Express launches its third “American Express Nonprofit Leadership Academy”
to develop the next generation of leaders in the nonprofit
sector. The Nonprofit Leadership Academy is a week-long training program
created in partnership with the Center for Creative Leadership (CCL)
that immerses participants in a series of leadership training and
development courses. Through the Academy, participants gain a better
awareness of their own strengths and weaknesses as managers and hone the
skills necessary for effective leadership. The Leadership Academy brings
together twenty-four emerging leaders from within community,
environmental, international relief and cultural organizations. The
twenty-four participants are selected based upon a competitive
application process and were selected from twelve national and local
nonprofit partners which include Americans for the Arts, Harlem Children Zone, Junior Achievement Worldwide,
Points of Light Institute/Hands on Network, Save the Children and Teach for America.
The local nonprofits based in American Express Service Center locations are The American Red Cross, Chicanos Por La Causa, Inc.,
East Market Street Development Corporation, Junior Achievement of South Florida, Inc., Phoenix Theatre
and Western Governors University. Participants in this session of the Nonprofit Leadership Academy have
been paired with alumni from the April 2009 class, who act as mentors,
answer questions about what to expect during the week, and generally
give guidance about how to get the most out of the Academy experience.
The NFC Forum non-profit industry association and the Mobey Forum
financial industry forum have signed a Memorandum of Understanding in
Oulu, Finland. Providing banks mobile financial services, the Mobey
Forum hopes to further efforts to create open standards for the delivery
of services through this latest development. Aimed at offering secure
and interoperable mobile financial transactions on a standardized
payment platform, the memorandum agreement coincides with the NFC Forum
all-members meeting in Oulu on August 31-September 6. During the NFC
Forum, 140 NFC Forum member organizations convene to advance initiatives
focused on bringing NFC products and services to market.