Virgin Mobile Announces Inks Exclusive Walmart Partnership

payLo by Virgin Mobile will offer customers an affordable choice for domestic unlimited voice or unlimited texting at just $20 per month exclusively at Walmart. With affordable devices and value-driven monthly plans, payLo offers customers two exclusive $20/month offers. payLo provides a reliable and affordable wireless phone that helps them to be responsible wireless consumers”without breaking the bank and without a contract. Walmart customers can also choose the existing $30 Talk & Text plan or the $40 Unlimited Talk & Text plan. Additional minutes, messages and data will be available at existing rates of $0.10/min, $0.15 for text messages, $0.25 for picture messages and $1.50/MB for web access.

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Digital River Webinar Offers Merchants Best Practice Advice

Digital River is set to host a free webinar to help businesses learn how to drive online revenue growth with Google Shopping, formerly known as Google Product Listing Ads (PLAs). The webinar, “The Power of Google Shopping,” is now open for registration (http://driv.ws/2d) now. The webinar will be led by Mahmood Khan, senior program manager for strategic marketing at Digital River. Mahmood will be joined by a guest speaker from a multi-national branded manufacturer. Working with Digital River, this branded manufacturer launched a Google Shopping campaign that drove an 115 percent increase in quarter-over-quarter online revenue.

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UPG Acquires Accept Cards

UPG plc acquired Accept Cards Limited and Accept Card Rentals Limited. The Accept Cards business does not provide card processing services direct – instead it works independently of acquirers, in partnership with merchants to match their specific card processing requirements to the acquirer best suited to their needs. The Accept Cards business has a significant number of excellent partnership relationships with membership organisations, professional practices and independent banks to provide a best in class service to their clients. UPG is one of the UK’s largest independent Payment Gateway and Payment Service Providers (PSP). The company serves merchants of all sizes directly and through the gateway services provided to a number of other independent PSP’s.

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International Q1 Debit Card CDV

International Cash Dollar Volume for Visa and MasterCard debit cards rose a mere 2.7% year-on-year in the first quarter. Visa posted $459 billion in Q1/14 international debit card CDV, compared to $506 billion in the prior quarter and $466 billion in the year ago quarter, for a Y/Y growth rate of (-1.5%). Visa’s CEMEA region is comprised of countries in Central Europe, the Middle East and Africa.

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Creditcall Appoints North American Head

Creditcall appointed Doug Wallace Head of North America (Retail) to oversee the building of the U.S. division and Creditcall’s North America retail activity. He will also be involved in the development of banking relationships and the certification process in North America. Wallace brings to the roll more than 20 years of experience in retail POS payment systems and was most recently Vice President of Operations and Client Services North America at YESpay, where he was responsible for business development and partner relationships.

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FICO Announces 25 New Patents

Fico has been awarded 25 new patents, bringing its patent portfolio to 167 U.S. and foreign patents. These patents were awarded to team members of FICO Labs for inventions underlying the company’s solutions in fraud protection, cybersecurity, predictive analytics and decision management. Ten of the latest patents cover analytic innovations used by FICO’s industry-leading fraud solutions across the financial, healthcare and telecommunications industries. These technologies, many of which are used in the FICO® Falcon® Platform, help improve fraud detection, reduce false positives and improve the customer experience. FICO also received a patent for a consumer-driven secure sockets layer (SSL) modulator. This is a software system and method for executing secure commercial transactions online by enabling unique receipt message encryption to thwart “man-in-the-middle” attacks. FICO was also awarded patents for inventions related to predictive analytics.

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First Data Launches Payment Data Software

First Data introduced its Insightics solution for small and medium-sized businesses (SMBs), offering them cloud-based software for big data behind payment transactions. This ultimately allows them to monitor key business metrics affecting their business, better understand customers to engage effectively, and derive more value from marketing and loyalty programs to grow revenue. Many small business owners struggle to get a timely and measurable view into their key business drivers, and may not know what their best days and times of the week are, how many new versus repeat customers they received in a week, if repeat customers tend to spend more than new customers, how far their highest spending customers traveled to reach them, and when they have a lackluster sales day, can see if it is happening to similar businesses.

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First Data Raises Private Placement for Debt Consolidation

First Data has received commitments to purchase approximately $3.5 billion of its common equity in a private placement to strengthen the company’s balance sheet through repaying portions of its debt. The $3.5 billion comprising the private placement announced today includes $1.5 billion from existing investors and $2.0 billion from new investors, including a diverse group of pension funds, mutual funds, asset managers and wealthy individuals. KKR provided approximately $1.2 billion, including $500 million from its 2006 Fund and $700 million from its balance sheet. Upon close of the transaction, KKR’s balance sheet will have approximately $1.0 billion invested in First Data’s equity, through general partner and limited partner interests.

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Loblaw & ADS Partner

Loblaw has signed a deal for customer-centric merchandising and marketing strategies with Dallas-based Alliance Data Systems. Loblaw Companies Limited is Canada’s food and pharmacy leader, the nation’s largest retailer, and the majority unitholder of Choice Properties Real Estate Investment Trust. LoyaltyOne is a global leader in the design and implementation of coalition loyalty programs, customer analytics and loyalty services for Fortune 1000 clients around the world. Alliance Data and its combined businesses is a leading global provider of data-driven marketing and loyalty solutions serving large, consumer-based industries.

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Dwolla Direct Announces Direct Transfer

Dwolla Direct now lets individuals and organizations to send money using the Dwolla network-without registering for a free full Dwolla account. By allowing users to access and send money from their existing bank and credit union accounts, Dwolla is lowering the barrier of entry into the network and helping digitize paper checks. By creating a Direct account during the first-time payment flow, senders securely wrap their payment information with a username and password and hide bank account and routing numbers from the recipient. Upon return, senders can access and send money directly from their linked bank or credit account by simply entering their Direct credentials. This announcement is especially attractive to small businesses, non-profits, and government agencies looking to replace and digitize their check operations.

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Clear2Pay Announces Latest Bank to Deploy Open Payment Framework

Clear2Pay payment solutions for financial institutions announced Banco de Crédito e Inversiones’ (BCI) payment hub has gone live based on Clear2Pay’s Open Payment Framework. Business customers to date have reacted positively to improved levels of service, improved cash management, more relevant payments data and a higher degree of self-service. In a second phase, OPF will be extended to unify all types of payments into a single, coherent, highly scalable and robust payment platform.

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Leumi Card partners DataCash to offer merchants one-stop-shop for online payments

DataCash, a MasterCard company, announces a partnership with Leumi Card to deliver a holistic payment offering for European merchants seeking to accept e-Commerce payments. Leumi Card will be using DataCash’s payments technology, implemented as a white label solution, for their merchant customers. DataCash’s payment technology provide its merchants with centralized payments management, card processing, and PCI DSS compliance.

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