MoneyGram International has inked partnership agreements to allow “Univision” MasterCard Prepaid cardholders to load their cards at approximately 35,000 of its agent locations nationwide. The “Univision” MasterCard Prepaid Card provides Hispanic consumers with an affordable alternative to carrying cash or using a credit card and is a cheap, safe and easy way to track and manage spending. MoneyGram provides “Univision” MasterCard Prepaid Card users the first load for free, while subsequent reloads are $3.95. MoneyGram offers reloading for hundreds of prepaid card programs in retail locations in virtually every community including many grocery, pharmacy and convenience store chains.Details
Big Hairy Dog Information Systems and USAePayâs “PaySaber” teamed to allow Nike sales representatives to to scan barcode items, take a credit card or cash payment for the merchandise and print a detail-itemized receipt from anywhere at the New York City Nike World Basketball Festival. Associates assisted and checked out on the floor of the store using the mobile payment “PaySaber” on either the Apple iPhone or iPod Touch to offer all the functionality of a stand-alone point of sale register in the palm of the hand. The USAePay “PaySaber” software works in conjunction with the Big Hairy Dog Retail Pro solution and would update customer details, sales records and inventory quantities so both were always in sync. Based on this successful implementation, Nike Events plans on moving forward with the solution for future events such as the Chicago Marathon, New York Marathon and Nike Womenâs Marathon in San Francisco.Details
Dollar Financial, serving primarily unbanked and under-banked consumers, posted consolidated total
revenue of $610.9 million for its 2010 fiscal year, up $83.1 million or 15.7% year-over-year. Adjusted
EBITDA was $182.2 million for fiscal 2010, for an increase of $43.7 million or 31.6% compared to the prior
fiscal year. For 2Q/10, meanwhile, total consolidated revenue was $159.0 million for an increase of 27.8%
or $34.6 million over the three months ended June 30, 2009. The Company incurred $10.2 million of net
one-time charges, principally related to an $8.5 million net unrealized, non-cash mark-to-market
valuation loss on the Company`s debt and cross-currency interest rate swap agreements throughout the
quarter. The Company continued to implement its store rationalization program, having closed 23 U.S.
financial services stores, 16 of which were located in Arizona with 7 store closures in the State of
Washington. Results were also due in part to the recently acquired Dealers` Financial Services (DFS)
business in the United States, which provides fee based auto lending and insurance services to military
personnel in the United States and contributed $4.9 million of incremental EBITDA for the quarter. With
these results, Dollare Financial is expecting to post adjusted EBITDA of between $205.0 million and $215.0
million in the next fiscal year.
American Express has its lineup of enhanced fashion experiences and exclusive Cardmember offerings during Mercedes-Benz Fashion Week. This allows Cardmembers to experience an exclusive viewing of the Tory Burch Spring 2011 collection; to interact via Twitter through the specially enhanced multimedia wall; and to enjoy the Skybox, offering an unparalleled vantage point of the runways, connect them with the industryâs biggest names and allow them to mingle with the whoâs who of the world of fashion and style, among many more benefits. Cardmembers can take advantage of an exclusive American Express offer during the second-ever Fashionâs Night Out by registering their eligible American Express Card at americanexpress.com/entertainment.Details
Warren Faleiro has joined BilltoMobile payments solutions as VP, engineering and technology. Prior to joining BilltoMobile, Warren served as VP, multimedia applications at VeriSign to oversee driving technology delivery and maintaining strategic relationships with tier one mobile operators. Also at VeriSign, he led a team developing innovative carrier grade services including a highly scalable Multimedia Messaging Service Center (MMSC), a media sharing portal, social networking gateways and embedded mobile application software. Warren has helped several other top mobile and telecom organizations build effective product and engineering teams as well as create and leverage strong relationships with their strategic partners. BilltoMobile alternative online payment provider is in sync with the e-commerce mobile payment evolution, having processed $3 Billion in DMB transactions with its 10,000+ online merchant partners since 2000.Details
PNC Bank has enhanced its “Virtual Wallet” online and mobile money management tool to facilitate budgeting and smart spending. The “Virtual Wallet” solution is a money management tool for tech-savvy consumers with no monthly service charge or minimum balance. Unlike any other personal finance service or bank product, it uniquely combines a âSpendâ function for everyday banking and bill pay, a âReserveâ account for short-term savings and overdraft protection plus a high-yield âGrowthâ account. Virtual Wallet has averaged more than 3,500 account openings per week this year and has earned numerous awards for design, technology and innovation. This is in addition to the “Virtual Wallet Student” solution introduced to help college students and their parents with money management while the “Spending Zone” tracking overview, reimbursement request feature and e-mail alerts to parents are among the features.Details
OKI Data Americas has launched its “SignDirector Solution” web-based application. Allowing retailers to react quickly to the marketplace by printing signs on-demand at the store level, retail headquarters have the ability to control in-store signage regionally and nationally, to manage brand consistency, pricing and promotions. Compatible with OKIâs digital color printers, the solution allows stores to easily print onsite with OKIâs driverless printing capabilities, reducing the need to outsource or print and ship signs because the right signs are immediately available from corporate. The “SignDirector Solution” helps companies simplify in-store sign printing and become more cost-efficient and includes one-year of maintenance and support.Details
Cybera data security and PCI compliance solution provider has made general availability of its “ClearPCI” suite of solution offerings. Simplifying PCI compliance for merchants, “ClearPCI” provides a comprehensive package of security hardware and software necessary to make a merchant store PCI compliant for one, low annual fee. This is meant to reduce costly PCI compliance for merchants, previously required to piece together compliance solutions from multiple providers. The “ClearPCI ONE” solution includes a free online, intelligent Self Assessment Questionnaire (SAQ) for quick and easy SAQ completion, vulnerability scanning as required for PCI compliance, an on-site security appliance, rogue wireless access point detection services, intrusion detection services (IDS), hosted security information and event management (SIEM), secure VPN, managed firewall service, hosted antivirus, anti-spam, content filtering, 12 month remote log storage, a customer management portal and around the clock proactive management through Cyberaâs Security Operations Center (SOC).Details
CA-based Roamware has been ranked No. 2745 on its fourth annual Inc.
5000 by Inc. magazine. Founded in 2002, Roamware has grown consistently
each year and has operations across five continents, servicing 3 billion
users and providing mobile operators with a range of new revenue
streams. Roamware’s products are deployed in more than 464 mobile
operator networks across 154 countries. Additionally, Roamware’s mobile
finance solutions have been successfully deployed by major banks and
operators around the world, and serve a wide range of needs across the
domains of mobile commerce, banking, remittances and payments.
CHARGE Anywhere has contributed their multi-award mpayment solution to the annual Chicago Bulls/Verizon Wireless Charity Golf Outing. By providing these PCI validated payment solutions, CHARGE Anywhere makes it possible for the Chicago Bulls to securely accept credit card payments and donations during the golf outing using Motorola Droid smartphones provided by Verizon Wireless. CHARGE Anywhere’s PCI PA DSS validated mPOS solutions will allow “CharitaBulls” to accept credit card payments anywhere on the golf course for raffles and donations in a secure environment, ensuring ease of payment and helping eliminate security risks.Details
Global Payments payment processing and gaming cash access inked agreements to provide six casinos with its VIP LightSpeed cash access products. The casinos have signed contracts to utilize various LightSpeed products including VIP Preferred check-cashing services, “PlayerCash @dvantage” credit and debit card cash advance services, and ATM Cash @dvantageÂ® electronic check transactions at the ATM. Global Payments will provide gaming services to Coeur D’Alene Casino Resort Hotel in Worley, Idaho and to the Lucky Eagle Casino in Rochester, Washington. Global Payments’ services in California will be provided to Cache Creek Casino Resort in Brooks, Sycuan Casino & Resort in El Cajon, Lucky Chances Casino in Colma, and Blue Lake Casino & Hotel in Blue Lake.Details
Gemalto has reported 1H/10 revenue growth of 5% to EUR840 million while its software and services revenue expanded 48% to EUR110 million. Profit from operations was EUR67 million. Gross profit, meanwhile was EUR290 million, operating expenses were EUR211 million and net profit was EUR68 million. This was thanks in large part to favorable conditions and acquisitions early in the Company’s development plan and is in line with its 2013 objective. With this, Gemalto is confident in reaching 2H/10 revenue of more than EUR1 billion. Gemalto saw 2009 annual revenues of EUR1.65 billion, and has over 10 thousand employees operating out of 75 offices, research and service centers in 41 countries.Details