NY-based Intelli-Check has hired Todd Liebman, former president of Quick Kiosk, as SVP of marketing and operations. Mr. Liebman was president of Quick Kiosk (QK), a self-service solution provider focusing on the fast-food restaurant market, which he founded in 2000. Mr. Liebman oversaw the development of the QK self-service ordering kiosk, including the hardware and software design, multimedia integration, and integration of the product into a multi-billion dollar quick-serve restaurant environment. Intelli-Check, Inc. is the acknowledged leader in technology that assures the authenticity of driver licenses, state issued non-driver and military identification cards used as proof of identity.Details
Houston-based FSV Payment Systems is promoting its new “FLEXAWARD VISA,” a turnkey stored-value card for use in employee incentive and reward programs. The FLEXAWARD program provides an employee recognition solution for all businesses, no matter the size, that is cost-effective and convenient and, most importantly, highly valued by employees. FLEXAWARD is fully deployable and ready for use in an employee recognition and incentive program — complete with instructions, creative marketing ideas, and a variety of packaging options. FSV Payment Systems offers a robust suite of unique, host-based stored-value and payroll debit card solutions direct to large employers and to financial institutions through an exclusive agreement with Fiserv, Inc..Details
A new survey has found that seven in ten Canadians considered themselves someone who either receives or gives gift cards. Also, women were more likely than men to consider themselves someone who uses gift cards, and that Canadians between the ages of 18 and 49 were more likely to use gift cards than Canadians over 50 years of age. The findings come from a survey conducted by SES Research on behalf of Givex, which also found that 5% of Canadians said that they spend more or the same value
than what is on their gift card, while 7% said they spend less. The reasons for purchasing gift cards: 63% said that when they decide to purchase a gift card for someone it is because it allows the recipient to choose what they want. Twelve percent said it was because it is convenient for them, while another 6% said that they do not like to give cash. Givex processes gift card and loyalty transactions and provides payment processing gateway services for a wide range of industries including retail, hospitality, grocery and petroleum.
There is mounting anecdotal evidence that some MBNA customers are unhappy with being switched from a VISA or MasterCard to an American Express card. Reportedly, MBNA is modifying its marketing approach, specifically migrating from an opt-out to an opt-in offer. It is estimated that MBNA has issued more than 500,000 AmEx-branded cards since its October launch. The New York Times cited an MBNA customer who accused the issuer of “slamming” by switching his VISA card to an AmEx card without his consent. The NYT also cited an alumni association, an affinity partner with MBNA, who said they received complaints from members over the automatic switch to AmEx cards. The negative response from some consumers apparently centers on the merchant acceptance gap between AmEx, VISA, and MasterCard.
U.S. MERCHANT ACCEPTANCE
(as of September 30, 2004)
VISA: 5.6 million
MasterCard: 5.6 million
AmEx: 3.8 million
Discover: 4.4 million
Source: CardData (www.carddata.com)
BNP Paribas has inked a partnership agreement with AirPlus International to provide corporate customers with a package of
business travel payment options and information management solutions.
Core elements of the new partnership are the “Carte Logee BNP Paribas
AirPlus” and the “Carte Affaires BNP Paribas.” The “Carte Logee BNP Paribas AirPlus” is a payment solution that will enable companies to break down invoices by more than nine criteria including cost center, department, project or employee number. For travel and entertainment expenses on a business trip, travelers can use the “Carte Affaires BNP Paribas.” Companies will also have access to a management information system that can help them spot potential savings while offering an ideal basis for negotiations.
Ireland-based Research And Markets has released its “Banking, Mortgages & Credit Industry Almanac 2005”. In addition, a large number of related services and technologies have a major influence on the lending and credit business. These services include e-commerce, credit risk analysis, call centers and information technologies. It contains thousands of contacts for business and industry leaders, industry associations, Internet sites and other resources. This book also includes statistical tables, an industry glossary and thorough indexes.Details
King Oil, owner of Mara-Mart convenience stores in Indiana, has won Triton Systems’ “10th anniversary” contest to find the ATM manufacturer’s oldest retail machine still in operation with the original owner. IFS Cash Processing Systems, the distributor, says the “Triton 9500” machine was the first one it sold. King Oil and the independent sales distributor who sold the ATM will receive new “Triton 9100” models. Triton has more than 118,000 installations in 17 countries worldwide.Details
Credit union issuers now have the option of offering their business credit and debit cardholders a business-focused rewards program. Dallas-based TNB Card Services has partnered with NH-based RewardsNOW to create the option for TNB’s 400 credit union clients. One option in the RewardsNOW business program allows points earned by any of a business’ cardholders to accrue to the business owner’s account, aggregating the points. This enables the business owner to use rewards for employee recognition, customer incentives, or to make purchases for the business. Travel rewards, typically the most popular, are earned as points applicable toward any airline, cruise line, hotel, or car rental company, entirely free of blackout dates, advance purchase requirements, or seat or other limitations.Details
Digital Insight has named Paul Pucino as EVP/CFO, effective in late January. Pucino brings more than 20 years of financial and corporate development experience to his new role, including a considerable tenure overseeing financial operations and strategy for publicly-traded technology companies. Digital Insight(R) Corporation is the leading online banking provider for financial institutions. Through its comprehensive portfolio of Internet-based financial products and services built upon the company’s unique architecture, Digital Insight enables banks and credit unions to become the trusted transaction hub for their retail and commercial customers.Details
Tampa-based Suncoast Schools FCU has joined the CO-OP Network with its 175 ATMs boosting CO-OP Network’s Florida fleet of surcharge-free ATMs to 1,568. Suncoast Schools FCU has 37 branches along Florida’s west coast to serve its 353,000 members. CO-OP Network (www.co-opnetwork.org), established in 1981 and located in Ontario, Calif., is wholly-owned by its credit union shareholders and provides volume discounts on products and services that include risk management as well as debit and deposit access.Details
MN-based Deluxe Corporation confirms that its CEO and Chairman, Lawrence Mosner, will retire in 2005. Mosner has held a number of key leadership positions since joining Deluxe in 1995. He assumed his current role of chairman and CEO in 2000 following the spin-off of eFunds Corporation, and is only the seventh CEO in Deluxe’s nearly 90-year history. Deluxe Corporation, through its industry-leading businesses and brands, helps financial institutions and small businesses better manage, promote, and grow their businesses.Details