World First and OANDA Expand International Payments Service

Following the announcement of their partnership in the UK earlier this year, World First, a leading international payments provider, and OANDA Corporation, the first online provider of comprehensive currency exchange information and global provider of innovative foreign exchange trading services, are pleased to announce the expansion of their international payments service to the U.S., Canada, Australia and France. With World First’s flexible online payments platform OANDA clients can now make high-speed international money transfers around the clock. The World First-OANDA payments service allows private individuals to make transfers for things like repatriating income, paying for international school fees, making property investments, sending money to family overseas, or for a variety of other reasons.

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SIX takes full control of Cetrel

SIX has increased its stake in the Luxembourg financial services provider CETREL S.A. from 50% to 100% as of 31 March 2014. SIX has underlined the real significance of strategic cooperation and in taking over the company, will expand its leading international offering in the area of card-based payment transactions. SIX is aiming to strengthen its position in the acquiring business and expand the international issuing-processing offering of SIX in Europe. Maintaining central services to strengthen the competitive position of the Luxembourg financial center will continue to be one of the core activities for the company.

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Novum Bank Deploys Carta Payment Processing

Carta Worldwide announced Novum Bank is now live on Carta’s processing platform. Carta is providing Novum with a fully configurable and customizable platform that delivers unparalleled efficiency, stability and security. Novum Bank has switched its entire prepaid card portfolio over to Carta’s next-gen global transaction processor. Traditionally the process of migrating an entire card portfolio to a new processor would require significant time and cost. However with Carta’s technology, Novum completed the processor transition seamlessly within a week with no service disruption for cardholders, who are able to retain existing plastics. Carta’s platform has been engineered to leverage its clients’ existing infrastructure and evolve to meet the complexities of modern payment applications.

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2Checkout announces Inline Checkout

2Checkout announced Inline Checkout, a hosted payments processing platform that empowers online merchants with a seamless, streamlined checkout experience. This sleek addition integrates directly with any e-commerce website, creating an uninterrupted checkout that maintains the look and feel of the host’s design. The solution offers complete control to the seller while offering PCI compliance and state-of-the-art fraud protection. Adaptable and secure, Inline Checkout is the hosted platform that provides online sellers with the most flexibility and support in one package.

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Reload @ the Register by Green Dot

Green Dot Corporation today announced a new reload technology and consumer process designed to improve the retail cash reloading experience for its millions of Green Dot Reload Network users. Reload @ the Register™ is powered by Green Dot’s highly scalable and market-proven “SwIT” (Swipe Interface Technology) functionality. This real-time technology is designed to make reloading cash onto a prepaid card faster, more convenient, more efficient and more intuitive for the customer than using a paper reload “chit,” which is a method commonly used today by Green Dot and other competing reload network providers. Green Dot’s SwIT technology hit a major milestone in 2012 when it joined Walmart Rapid Reload™ and will now roll out to most of Green Dot’s other retail partners by the end of 2014.

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U.S. Bank E-Payment Service Kiosk

Companies, utilities, government entities and nonprofits that accept electronic payments from their customers can now collect those funds on-site with new E-Payment Service Kiosks from U.S. Bank Global Treasury Management. Similar to an ATM, U.S. Bank’s E-Payment Service Kiosks are customizable, free-standing units available to businesses, nonprofits, utilities and other billers that want to give their own customers the option to conveniently and securely pay bills on the spot.

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Square Launches Software Platform

Square launched its software partner platform, collaborating with third parties to build new applications that complement Square’s suite of business services. The launch extends Works with Square, a program launched earlier this year to connect customers with more tools for their businesses. The new Xero integration is Square’s second available in the U.S. Since November, thousands of sellers have been saving time and improving accuracy with Square’s integration with QuickBooks, seamlessly importing their Square sales data into QuickBooks each day. “The Square/QuickBooks integration couldn’t have come at a better time for our growing business. It has been nothing short of a miracle and has given us so much time back.” says Jess Hughes of Tad Hughes Custom Fit Studio in Houston.

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Oink Partners with Visualsoft

Virtual Piggy, Inc., provider of innovative safe youth payments technology, Oink, today announced that it has partnered with Visualsoft. Visualsoft is one of the UK’s leading eCommerce agencies, providing web and e-commerce services to over 1,000 UK businesses and have today announced a partnership Oink to deliver a safe and secure payment solution for youth-market focused eCommerce sites.

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Xoom Announces Instant Deposit Service

Xoom Corporation today announced a partnership with HDFC Bank Limited (HDB), by offering instant deposits to INR denominated HDFC Bank accounts in India. This breakthrough service allows Xoom customers to instantly deposit money directly into their recipients’ HDFC Bank accounts in India. The instant service is available 24 hours a day, seven days a week, 365 days a year–even on banking holidays.

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Green Dot to Streamline Prepaid Card Reloading

Green Dot Corporation announced a new reload technology and consumer process designed to improve the retail cash reloading experience for its millions of Green Dot Reload Network users. Reload @ the Register is powered by Green Dot’s highly scalable and market-proven “SwIT” (Swipe Interface Technology) functionality. This real-time technology is designed to make reloading cash onto a prepaid card faster, more convenient, more efficient and more intuitive for the customer than using a paper reload “chit,” which is a method commonly used today by Green Dot and other competing reload network providers. The Green Dot Reload Network was invented in 2002 as the prepaid industry’s first cash reload service. Today, The Green Dot Network is America’s leading reload network used by all Green Dot Bank programs and also by more than 150 other banks and prepaid program managers in order to facilitate cash reloads to their respective program’s cards.

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