AmEx Partners to Kick-off vente-privee USA

vente-privee USA launched their exclusive online retail site, www.venteprivee.com, a joint venture between American Express and vente-privee.com online private sales. The site features member-only sales events with premium European and American brands at up to 70 percent off. Each day’s sale will begin at 10am EST and last 72 hours. vente-privee USA is expected to begin its first sale today featuring PAUL & JOE SISTER, a French brand that exemplifies contemporary Parisian chic. vente-privee USA offers members a range of fashion and lifestyle brands building on vente-privee.com’s over 1,450 existing partnerships and 14 million members in Europe.

Details

PayPal Launches NFC App for Android

The 3.0 version of the PayPal Android app with P2P NFC capabilities is vailable for download in the Android Marketplace. The updated app allows PayPal users to enter an amount in the Request Money field to begin an exchange with a fellow PayPal member. When users tap their NFC-enabled Android phones together, the recipient is prompted to enter their password, and then the transfer can commence. The PayPal 3.0 app for Android also features a revamped landing screen and address book auto-complete.

Details

Western Union and The Chronicle of Philanthropy Offer Mgmt Webinar

Western Union Business Solutions will sponsor a webinar hosted by The Chronicle of Philanthropy focused on effective foreign exchange management strategies for international non-profit organizations. The webinar to be held November 22, 2011 at 2pm ET is titled, “Doing More With Less: Getting the Most Out of Your Limited Funds.” It will focus on How to simplify the processes used to move money across the global financial system – cutting costs and increasing efficiency; Using technology to track, monitor and control the remittance and receipt of funds – to build accountability and improve payment reliability; and tools that can be used to protect future-dated payments against currency volatility so that exchange rate losses are reduced, and cash flows become more predictable.

Details

Trustwave Commended With Innovation Award

Trustwave information security and compliance solutions announced its “TrustKeeper” cloud-based security and compliance portal, has been named one of the 2011 Chicago Innovation Awards winners. The Chicago Innovation Awards recognition of innovative products or services hosted more than 400 nominees, up more than 60% over the past two years. The “TrustKeeper” Web portal supports merchants’ compliance efforts. This helps facilitate compliance validation with PCI DSS for merchants, or acquiring banks, Independent Sales Organizations (ISOs) and processors with large merchant populations.

Details

Philadelphia FCU Deploys Elan Credit Card

Philadelphia Federal Credit Union (PFCU) partnered Elan Financial Services (Elan), the nation’s oldest and most chosen agent card issuer in the United States, to offer its 104,000 members a full suite of PFCU Visa® credit cards with reward options for consumers and businesses. The card issuing partner is dedicated to serving financial institutions with best in class credit card products and rewards that meet the unique needs of every customer. Elan’s end-to-end solution also includes card servicing and marketing as well as branch support and sales incentives.

Details

Discover Increases Cardmember Rewards

Discover is starting its gift-giving early this year as the company recently announced a new program with Amazon.com that offers cardmembers Double (2%) Cashback Bonus on up to $250 in purchases each billing period through the end of 2011 at Amazon.com. Discover cardmembers can also pay with Cashback Bonus directly at check-out when they link their card to their Amazon account. This new option allows cardmembers to use their rewards – in a dollar-for-dollar exchange – to get millions of items, when they want them, without having to leave the Amazon site. This season, new redemption processes allows virtual game lovers will have the opportunity to redeem Cashback Bonus for digital game currency through Electronic Arts and Nexon eCertificates. This new offering allows gamers to play popular online games, including The Sims Social, Pet Society and MapleStory. These games join the 150 other redemption partners Discover currently offers as part of its Cashback Bonus program.

Details

Walmart Launches m-Apps for Better Shopping

Walmart launched a new app for the iPhone and iPad to give users tools to plan weekly shopping both in-store and online. The new apps offer enhanced, seamless shopping experience across Walmart’s 3,800 U.S. stores and Walmart.com through mobile devices. The two free applications are the first of several mobile products to be rolled out from the recently formed @WalmartLabs group under Walmart’s Global eCommerce unit. Walmart’s new app features touch-optimized shopping, the “Browse My Store” options, letting users Select any local Walmart store to see product availability and detailed information specific to that store and extended inventory for access to merchandise in addition to viewing local store inventory.

Details

People’s United Bank Implements FIS m-banking

FIS banking and payments technology announced that People’s United Bank has selected FIS’ Mobile Financial Services platform. People’s United Bank will deploy the solution in support of a new mobile banking channel it plans to add to its current delivery channels for retail customers. FIS Mobile Financial Services provides financial institutions industry-leading functionality with exceptional integration capabilities. As a consumer-focused solution, FIS’ mobile solution allows bank customers and credit union members to perform transactions quickly and easily from their mobile devices via text, mobile Web and downloadable applications for smartphones.

Details

Delego and YESpay Offer Multi-channel EMV Payment

Delego Software integrated its system with YESpay’s “EMBOSS” multi-channel EMV Chip and PIN accredited and PCI-DSS certified managed payment service. Delego Software Inc. is a Global Leader in providing SAP users with an interface that manages SAP Credit Card and SAP Electronic Payment Card requirements. Delego decided to partner with YESpay as a result of its card acquirer pre-accredited approved and PCI DSS (level 1) certified payment service. Delego was able to mitigate a significant amount of time and cost that would have been associated with a direct bank certification with its merchant processors. Delego merchants can now securely process transactions with their selected card processor such as First Data Merchant Services (FDMS) and Chase Paymentech through YESpay’s EMV pre-accredited and PCI-DSS certified EMBOSS payment solution.

Details

Clear2Pay launches m-Payment App Testing

Clear2Pay next generation payment solutions for financial institutions launched its MPA “Test Tool” automated test solution. Allowing mobile application vendors and mobile issuers to test whether mobile payment applications comply to ruling standards and thus launch trusted and interoperable applications in a fast and secure way. Mobile payment applications allow consumers to perform retail purchases by using their mobile devices just like a contactless payment card: by simply waving it across an existing contactless payment acceptance device. This lets mobile application vendors and mobile issuers are offered a complete, packaged solution that allows running a set of pre-defined scenarios to verify mobile application user interfaces and the over-the-air communications with mobile gateways.

Details

TNS Launches GPRS mPOS Access Solution

Transaction Network Services launched a one-stop solution for mobile POS terminals on its “Secure Payments Network” for links to hundreds of acquirers and processers around the globe. This ensures connectivity to the TNS “Secure Payments Network” on a single global roaming SIM. TNS provides the SIM in a pre-activated state for instant operation when the SIM is needed by merchants. The process is simplified since automated billing only begins after usage of the service actually starts. The TNS “SIM Management Portal” provides partners flexibility and control to ease provisioning and lower the total cost of ownership of SIM estates and can be used to provision SIM cards, view and amend SIM status, examine connection history and perform diagnostics, all in real-time.

Details

Advanced Payment Solutions Best Program Manager

Advanced Payment Solutions Limited has won the ‘Best Prepaid Programme Manager, 2011′ at the 2011 Prepaid Awards. This was awarded based on how it demonstrated how the program manager added real value to the prepaid industry. The Company achieved this by focussing its expertise on understanding the relevant UK consumer for its products, and building innovative and often unique offers and services to help improve the way that they manage their money and payments. It’s not just APS and the judges who see the value of the services offered. Over 50% of APS’ customers, representing tens of thousands of UK adults, have added at least one of these valuable extras. And those that do, tend to keep their Cashplus Account open for significantly longer than the prepaid card industry average, more than twice as long in fact. APS ultimately extended awareness of prepaid cards to both consumers and business users.

Details