Dwolla Direct

Dwolla remittance announces new experience similar to direct deposit. With a paperless, safe way to route payments directly to a recipient’s bank account, Dwolla no longer requires recipients to register for a full Dwolla account and all future payments made to their email address will be routed directly to their bank account in as little as one to two business days. Dwolla Direct users can get access to additional features”like the ability to send or request money”at any time by converting to a free full Dwolla account. The sender can send payments to emails: No need to collect, and then protect, sensitive bank account information to send a payment. Set it and forget it: Once your recipient’s email is connected to a bank account, future payments to the email address will notify the recipient and automatically route the funds to their bank or credit union account.

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PowaTag & 2(X)IST

Men’s fashion brand 2(X)IST via “Virtual Stores” has partnered with innovative mobile platform PowaTag to transform the way people shop.
Millions of passersby in December will be able to browse and purchase the latest 2(X)IST underwear ranges by using their phone to scan tags on virtual storefronts across key locations in the heart of the city making ordinary street corners a virtual marketplace for 2(X)IST.

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Nets Skandia Contract

Nets announced its latest partnership with Skandia Bank to oversee its issuing services for its payment cards. For Skandia’s bank this means becoming part of a larger IT infrastructure and therefore avoiding having to develop and maintain complicated IT systems themselves. For Nets, this contract is another important step into the Swedish banking market. All services provided are core Card services which Nets already supplies to a large number of banks in Norway, Finland, Denmark and the Baltic countries.

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