Javelin Names Fiserv Best mBanking Provider

Javelin Strategy & Research has named Fiserv the “Best in Class” mobile banking provider for the second year in a row in its “2011 – 2012 Mobile Banking Vendor Scorecard.” Fiserv attained the highest score of all the providers surveyed and is the only provider to be named “Best in Class” for two consecutive years, demonstrating consistent leadership in this emerging channel. The Javelin report credited key acquisitions of M‐Com and CashEdge by Fiserv for bringing strategic mobile services in‐house.

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Misys Deploys Market Risk Solution

Misys application software and services launched its “Misys Risk” enterprise market risk solution, allowing bank clients to measure, control and manage risk across multiple asset classes, instruments, portfolios and systems. Drawing on its deep expertise in developing risk management and trading systems, Misys has developed a front-to-back enterprise market risk management system designed for risk managers at sell-side and buy-side institutions, incorporating analytics, drill-down capabilities, limit and alert management and reporting. The “Misys Risk” solution leverages existing front-office trading infrastructures, reducing the cost, risk and time of implementation and is designed to work closely with multiple front-office trading systems to provide one dedicated solution for all risk management functions.

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SC Credit Unions Forge Partnership for Free Debit Cards

In South Carolina, 32 credit unions have joined together pledging to keep debit cards free for their members. These banks want it known they believe in providing the best banking experience for their members with as little cost to them as possible. The partnership credo reads; “I pledge to uphold the credit union philosophy of “people helping people” by continuing to offer fairly priced banking services to our members. In addition, I pledge that my credit union will abstain from charging a fee for members to use our debit cards for as long as market conditions allow us to do so.”

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VirtualPiggy Available to eBay Merchants

Virtual Piggy has completed the integration of its “VirtualPiggy” solution into eBay’s “Magento” platform. The “Magento” platform is part of the “X.Commerce” framework from eBay. This gives merchants on the “X.Commerce” framework access to ” VirtualPiggy.” Virtual Piggy delivers a technology platform designed for the management of the Under 18 age group in the global online market with technology allowing online businesses to function in a manner consistent with the Children’s Online Privacy Protection Act (“COPPA”) and similar international children’s privacy laws.

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QNB Expands Installment Program

QNB is partnering with a number of stores in Qatar to offer QNB Credit Card customers with access to 0% financing over six equal monthly installments with its “FlexiPlan” installment option. Applicable to all QNB credit cards, the program is valid at Rivoli watch stores for purchases between 1 October 2011 and 30 April 2012. The QNB “FlexiPlan” is also available at the group’s Tag Heuer and Rado stores at Doha City Center, as well as the Omega store at Landmark. QNB will launch an installment campaign with Jumbo Electronics stores during the period of 15th October till 4th November 2011.

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Aldermore Bank Implements FinArch Compliance

Aldermore Bank has selected “Financial Studio” from FinArch integrated finance and compliance solutions. The lower total cost of ownership (TCO) and flexible end user experience of FinArch’s Microsoft technology architecture convinced the bank to adopt “Financial Studio” for their local regulatory reporting needs. The “Financial Studio” Compliance solution enables banks and financial institutions to meet regulatory demands for stricter compliance, while gaining additional business benefits by improving reporting flows, improving return on IT investment, and turning compliance into a cost-saving exercise.

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PayX International names New SVP, sales

Kieron Abernethy has been appointed as SVP, Sales with PayX International global independent payments knowledge company. With this he will oversee customer growth as it assists the payments community to evolve through a period of unprecedented change. He joins PayX with valuable sales leadership experience in the payments industry with recent roles of Vice President Strategic Sales First Data International for their Financial Business, Managing Director (UK) at NCR Ltd, COO at Moneybox Plc and CEO at Cash4All Ltd. These customer centric roles delivered high growth within the payments marketplace and his prime focus has been working with financial customers to develop their future strategies.

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MTS Selects OTI mPayment for NFC Program

On Track Innovations contactless smart card solutions announced that MTS communications group- with over 100 million subscribers , 70 million of which are in Russia- deployed the OTI “COPNI” mobile payment solution for its NFC projects. Working with SITRONICS Smart Technology as its technological partner , MTS allows LUKOIL retail customers use their mobile phone to pay for fuel transactions at the dispenser using a COPNI-enabled cell phone and accruing loyalty points for LUKOIL’s loyalty program. OTI’s COPNI (Contactless Payment and NFC Add-On) was selected after rigorous testing which represents the first commercial NFC project in Russia based on SIM-cards with SWP/HCI-protocol (Single Wire Protocol (“SWP”) and Host Controller Interface (“HCI”)).

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Giesecke & Devrient Supplies SIM Cards for NFC Project

Giesecke & Devrient (G&D) is to manufacture and personalize the NFC-capable SIM cards for a mobile payment system in cooperation with Sitronics Smart Technologies. The first commercial NFC project in the Russian Federation was implemented by Lukoil, Russia’s biggest oil company, Mobile TeleSystems (MTS), the country’s leading mobile network operator and SST. The collaboration will give customers of MTS the convenience of paying their bills at Lukoil filling stations by cell phone. A wide range of commercially available mobile devices can be used for these contactless payment transactions. G&D’s commercially available NFC-capable SIM cards are being deployed in the project. The contactless payment system, which is being set up in Perm, a city of around one million inhabitants in the Ural region, involves equipping the cell phones of MTS customers with an NFC-capable SIM card and a special NFC antenna solution.

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AmEx & Virgin America Partner on Rewards Program

American Express welcomes Virgin America Airlines to its Membership Rewards program, encouraging Cardmembers to transfer Membership Rewards points into Virgin America’s “Elevate” frequent flyer program. Based on a simple “points per dollar” system, “Elevate” members earn five points per dollar on their base fare and the ability to earn even more points with Virgin America’s Elevate partners. Reward flights can be earned with as few as four roundtrips or 2,500 points. This corresponds with the Virgin America-American Express two-week Facebook promotion, giving Cardmembers the chance to win prizes that include of a pair of free first-class roundtrip tickets to any Virgin America destination. Contestants upload a photo to their Facebook profile of themselves striking their best glamour pose in their favorite “plain seat”, then go to http://elevateyourseat.com to share their best shot. The top two photo submissions will win a grand prize of two First Class round-trip tickets on Virgin America and an annual Aircell Gogo WiFi pass while a random voter or “chair pose” entrant will be chosen daily through October 20 to receive two round-trip Main Cabin tickets, plus 30-day Gogo WiFi passes and three runners up who submit a photo will also receive two round-trip Main Cabin Select tickets on Virgin America and a 30-day Gogo WiFi pass.

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Top Food Trucks To Serve Chase’ Eater’s Choice Awards

Chase Card Services announced the top ten food trucks in the Eater’s Choice Awards presented by Chase Sapphire Visa Signature in partnership with Off the Grid, an organizer of street food events in the San Francisco Bay Area. The ten San Francisco food trucks will be serving up their beloved fare at the Eater’s Choice Awards event October 15 at Fort Mason Center from 12 to 4 p.m. Liam Mayclem of “Eye on the Bay” will emcee the culinary celebration where the number-one favorite “mobile eatery” – and donation to the San Francisco and Marin Food Banks – will be revealed. From September 21 to October 5, Bay Area food truck fans voted for their favorite of nearly 30 participating food trucks online, with Chase Sapphire Visa Signature donating $1 for each vote cast up to $10,000 to the San Francisco and Marin Food Banks.

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