Sage Payment and ROAM Data Offer mCommerce

Sage Payment Solutions payments division for Sage North America has partnered with ROAM Data mobile commerce solutions to offer integrated mobile payments offering for small and midsized businesses (SMBs). Offering Sage customers convenient and secure payment options for payment card acceptance on hundreds of different types of mobile phones and other mobile computing devices, ROAM Data’s mobile payment application “ROAMpay” is being integrated with the PA-DSS certified payments platform. Using “ROAMpay” lets Sage customers to process payment card orders; use an optional low-cost card reader for Card Present transaction rates; log cash orders, download reports online, and email receipts to their customers; rapidly change applications or add features to mobile apps that may benefit them; and provides integration with their Sage accounting solution.


PenFed Card Doubles Rewards for the Holidays

Pentagon Federal Credit Union (PenFed) is doubling the reward points cardholders can earn on everyday purchases during the holidays in recognition of the first year anniversary of their PenFed “Premium Travel Rewards” American Express Card. With this, until December 31, the bonus rewards is in addition to such user-friendly features, which include exceptional earn rates with 5x points on airfare, 3x points on hotels and dining and double points on virtually all other purchases, no caps or limits on the number of points cardholders can earn, and no foreign transaction fees. The “Premium Travel Rewards” American Express Card has been recognized as a top travel rewards products on the market.


Bankruptcies Up 3.3% M/M, 4.4% Y/Y

September US consumer bankruptcy filings were up 3.3% to 130,329 from the
August figure of 127,028 and up 4.4% on the year ago figure of 124,790.
So far this year, over 1 million consumers have filed for protection,
translating to about one in every 110 households, and this number is on
track to hit 1.6 million by the end of 2010. These findings, according to
the American Bankruptcy Institute (ABI), also show Chapter 13 filings
constituted 30% of all consumer cases in September, a slight increase
from August. Meanwhile, throughout the first nine months of the year,
U.S. consumer bankruptcy filings were up 11% for the first nine months
of year, for a total of 1,165,172 filings nationwide, compared to the
total 2009 figure of 1,046,449 consumer filings.

Aug 09: 119,874
Sep 09: 124,790
Oct 09: 135,913
Nov 09: 112,152
Dec 09: 113,274
Jan 10: 102,254
Feb 10: 111,693
Mar 10: 149,268
Apr 10: 144,490
May 10: 136,142
Jun 10: 126,270
Jul 10: 137,698
Aug 10: 127,028
Sep 10: 130,329
Source: ABI/NBKRC;



DIGIPAY Group has acquired the trademarks and patents of nCryptone of the PROSODIE group. Specializing in embedded battery card authentication with an International Organization for Standardization (ISO) format, the nCryptone acquisition gives DIGIPAY GROUP patents for acoustic technology for secure authentication and payment. The acquisition reinforces DIGIPAY Group’s wide range of technology and features. These include the “nC AudioCard” dynamic password card; “nC DisplayCard” with the ISO format featuring a dynamic password on a flexible screen; the “nC Dual Output Token” general-purpose authenticator incorporating two authentification methods ; and the “nC server” software continuation of authentification management.


MoneyGram & Ceridian to Process Remittance

MoneyGram International and Ceridian Stored Value Solutions (Ceridian SVS) global prepaid services have signed partnership agreements. With this, Ceridian SVS will provide the processing for MoneyGram’s “in-lane” prepaid money transfers. The MoneyGram and Ceridian SVS arrangement will assist MoneyGram in its proposed offering of an in-lane prepaid money transfer product that allows funds to be transferred in up to 40 countries around the world including Canada, Hong Kong, Russia, the United Kingdom, the United States and countries in the European Union. This broad reaching agreement is a first for the money transfer industry. MoneyGram intends for this prepaid money transfer product to expand its remittance service into retail, petroleum and convenience stores.



Fiserv financial services technology announced Center Bank is now live on its “Premier” bank platform. “Premier” from Fiserv is the core banking solution with the largest customer base in North America and for which outsourced processing is provided directly from Fiserv. Center Bank was processed by an independent data center that licensed Premier from Fiserv, but has chosen to outsource its account processing through a Fiserv data center.


Wells Fargo Releases Consumer Credit Video

Wells Fargo & Company is participating in the American Bankers Association Education Foundation’s (ABAEF) national Get Smart About Credit Day, Oct. 21 with a
Video Series on Credit Encourages Consumers to Gain and Then Test Credit Knowledge with Online Quiz

. This is the ABAEF’s eighth annual event to educate consumers about the importance of credit and how to use it responsibly.

Wells Fargo’s newly launched educational video series on credit and an online quiz ( help consumers identify how much they know about credit. The videos feature Wells Fargo team members providing information ranging from how credit works to what lenders look for when reviewing credit applications. The videos, available in both English and Spanish, include:

Understanding Credit – Introduccion al credito The 4 C’s of Credit – Las 4 C del credito Establishing and Improving Credit – Como establecer y mejorar su credito Protecting Credit by Preventing Identity Theft – Como proteger su credito y su identidad

The English videos are available at the Wells Fargo Smarter Credit(TM) Center (, Financial Education Center (, and YouTube channel ( The Spanish videos are available at the Wells Fargo YouTube channel (

The educational quiz is a quick and easy way to determine how much consumers really know about credit. These new consumer resources complement Wells Fargo’s educational programs such as its Hands on Banking(R) ( and Stagecoach Island(SM)(

“Credit and how one qualifies can be a mystery to a lot of people,” says Jamie Moldafsky, an executive vice president in Wells Fargo’s Home Equity Group who is leading the company’s Smarter Credit initiative. “With today’s economic challenges, it’s more important than ever for consumers to understand credit and debt management. We have developed numerous tools for consumers to learn more about their credit, so they are better equipped.”

In addition to these new offerings, throughout October, team members from Wells Fargo are reaching out to communities and talking to individuals and families across the country about how to manage credit and personal finances.

“Get Smart About Credit Day is an opportunity to teach our customers and the community the importance of credit,” adds Angel Zapata, vice president and national manager of Hands on Banking. “We hope these resources will help our customers understand how to manage credit and personal finances to become financially secure.”

The Wells Fargo Smarter Credit Center is an online resource center that provides information on using credit responsibly, including establishing or rebuilding credit, ordering free credit reports from the bureaus, and creating budgets.

Wells Fargo’s Hands on Banking program and its Spanish version, El futuro en tus manos(R) ( has been used in thousands of classrooms, nonprofit organizations, senior living centers, and homes since it was launched in 2004. The free financial education program teaches people at all stages of life about the basics of responsible money management, including how to create a budget, save and invest, borrow responsibly, buy a home and establish a small business.

Stagecoach Island, Wells Fargo’s free virtual world, is an entertaining and interactive companion site to Hands on Banking. Educators can use the Stagecoach Island virtual world in the classroom to teach important lessons in budgeting, saving, managing credit, buying a home and getting a job.

The Wells Fargo Financial Education Center offers quick and easy access to online education tools and resources that can help customers make informed decisions and prepare them for financial success.

About Wells Fargo

Wells Fargo & Company (WFC 23.79, +0.21, +0.89%) is a nationwide, diversified, community-based financial services company with $1.2 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 10,000 banking stores, 12,000 ATMs, the Internet ( and, and other distribution channels across North America and internationally. With more than 278,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked #19 on Fortune’s 2009 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.



Metro Bank has implemented teller cash recycling technology from NCR Corporation, cutting the typical 40% of a teller’s time spent counting and re-counting cash significantly. With NCR’s teller “Cash Recycler”, which automate the acceptance, authentication and validation of note deposits and make the cash instantly available for dispensing to customers, the bank plans twelve further outlets in Greater London over the next two years. Running on NCR APTRA Cash Connect software in a unique thin client environment, the “Cash Recycler” give each teller an instant, individual cash drawer balance.


S1 mBanking and Payment Apps See 2010 Growth

More than 35 customers across three continents have licensed the S1 Mobile application and have been made available through the App Store for Trustmark, Mercantile Bank of Michigan, First Community Bank, and Ventura County Credit Union. With the number of mobile subscribers who use their phones for mobile banking to exceed 400 million globally by 2013, double the number of users this year, the first month of the S1 Mobile solution saw over 3,200 downloads of the application from the App Store. Mobile banking adoption continues to grow globally and S1 customers are increasingly meeting the demand for on-the-go banking solutions and is offering bank customers mobile banking and payments offering advancements with an iPad and Blackberry application. Over 3,000 organizations worldwide depend on S1 for payments, online banking, mobile banking, voice banking and branch banking solutions.



Visa Canada announced has introduced its first debit cards in the Canadian marketplace through CIBC. The first Canadian issuer to offer Visa Debit through its “CIBC Advantage Card,” CIBC will now allow its customers to shop online, by phone, mail and in more than 200 countries and territories using debit funds from their accounts. POS “CIBC Advantage Card” purchases will be processed through Interac debit network. Purchases made online, over the phone, by mail or internationally will be processed over Visa’s network, offering Visa “Zero Liability Policy;” The “Visa E-Promise;” “Verified by Visa;” and the three-digit security code (CVV2) located on the back of the card to avoid CNP fraud.


Allpoint Expands Down Under with 5,000 ATMs

Allpoint Network Cardtronics affiliate and surcharge-free ATM network has partnered with Customers Limited owner/operator of ATMs in Australia. With this, Allpoint is to expand by more than 5,000 locations. The Customers ATMs, which represent approximately 20% of all ATMs in Australia, will carry the Allpoint logo and will be surcharge-free for both United States and Australian participating financial institution cardholders. This allows Customers to provide surcharge-free cash access to its cardholders at ATMs located in retail locations. With the additional coverage, Allpoint now provides global surcharge-free access to over 40,000 ATMs across three continents.


eBay Appoints CMO, North America

eBay, the world’s largest online marketplace and a mobile commerce leader, announced that global consumer and digital marketing veteran Richelle Parham is joining the company in the new role of Chief Marketing Officer, eBay North America. She will report to Christopher Payne, head of eBay North America.

Parham joins eBay from Visa, Inc., where she most recently served as head of Global Marketing Innovation and Initiatives. Previously, Parham led Global Marketing Services for Visa. Her previous experience includes 13 years at Digitas, Inc., a world leading marketing agency, where she held a variety of senior leadership roles, including Senior Vice President and General Manager of the agency’s Chicago office.

“Richelle is a world-class marketer with deep experience and expertise in creating and implementing strategies that drive consumer engagement and generate strong return on marketing investments,” Payne said. “She will bring great insight and leadership to our focus on strengthening eBay’s relationship with millions of shoppers who search our site every day for incredible value and selection.”

“I am excited about joining a winning team that is focused on meeting customer needs and delivering consistently strong performance,” said Parham. “eBay is an incredibly powerful brand, one that presents extraordinary opportunities as we deepen our relationship with customers in eBay’s largest global market. I am looking forward to leveraging my consumer and digital marketing experience and contributing to the future growth of eBay. ”

About eBay Inc.

Founded in 1995 in San Jose, Calif., eBay Inc. (EBAY 25.68, +0.41, +1.60%) connects millions of buyers and sellers globally on a daily basis through eBay, the world’s largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world’s largest ticket marketplace, and eBay classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit