Western Union Payment Available at SunTrust

Western Union and SunTrust Bank launched Western Union global money transfer and bill payment services at more than 1,500 bank Agent locations in the southeastern U.S. SunTrust clients and the general public can now pay bills or load prepaid cards via Western Union services, or send money to more than 495,000 Western Union Agent locations in 200 countries and territories from all SunTrust bank locations. Western Union services are offered in the U.S. through a strategically combined Agent network of nearly 46,000 banks, national retail and grocery chains, and independent locations. The company also offers its customers online and mobile phone access points in certain countries for money transfer services.

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Bluefin Launches New mPOS System

Bluefin Payment cloud-based integrated payment solutions for independent software vendors (ISVs) introduced their “QuickSwipe” mPOS system. QuickSwipe is a turn-key payment application for single and multi-user mobile processing on iOS devices. Bluefin also offers the QuickSwipe SDK for integrated payments with an ISV’s existing mobile application. This lets merchants can build catalogs of items and inventory, assign administrators and users, enable tips and taxes, easily issue refunds, and provide detailed, GPS-driven receipts. The application supports credit/debit, ACH and cash journaling. Merchants have the flexibility to extend their brand to the application with the addition of their logo, colors, and business information.

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BBVA Supports Mobile Payments in Spain

BBVA has launched its BBVA Wallet service in Spain. This mobile application, available for both iOS and Android systems, provides BBVA customers with a new means of managing their card transactions quickly and safely via smartphones. BBVA Wallet makes mobile payments a reality. BBVA Wallet allows users to manage any BBVA cards via cell phones. By downloading the application, customers will be able to see all their cards, view transactions for each, including geolocation data for transaction, as well as save photos of receipts with each purchase transaction.

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Chase United VIP Lounge for “Big Game Week”

Chase and United Airlines announced a Chase United VIP Lounge in New York City’s Times Square to celebrate ‘Big Game Week,’ where Chase United MileagePlus® Cardmembers can enjoy complementary amenities and exclusive events with celebrity chefs and football legends. From January 29 to February 2, Chase United MileagePlus Cardmembers are welcome-along with up to four guests-to visit the VIP Lounge at Restaurateur Guy Fieri’s Guy’s American Kitchen and Bar in Times Square. For admittance to the VIP Lounge, which is located at 220 W. 44th Street in New York City, cardmembers will need to present their United MileagePlus Credit Card from Chase and valid identification.

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GlobalPlatform Shows contactless payment Framework

GlobalPlatform has published the first release of its ‘End-to-End Simplified Service Management Framework v1.0’. Focusing on contactless payments will be of interest to service providers, mobile network operators, secure element vendors, data preparation bureaus, trusted service managers and mobile device manufacturers. The GlobalPlatform end-to-end framework was created by the association’s End-to-End Simplified Framework Working Group, which comprises 28 GlobalPlatform members. The document streamlines the service management process by outlining how GlobalPlatform Specifications can be used to implement a comprehensive end-to-end configuration relevant to each market sector such as payment, transport and healthcare. The configurations will enable service providers to deploy services faster by starting with a basic template.

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Sopra Delivers mBanking Platform

Sopra Banking Software completed its mobile banking platform for long-standing customer Record Bank, designed in close collaboration with Record Bank to fine-tune the solution to the customer’s needs. Record Bank is a Belgian retail bank created in 2001, and works through a network of offices, dedicated agents and independents. Since the very start, Record Bank has used Sopra Banking Software solutions as the centerpiece of its core banking activities, which focus on individual customers as well as small businesses with transparent and simple products. Sopra Banking investigated the needs of customers and bankers alike through its extensive network, and closely involved Record Bank in the development of the mobile banking app. It include full SEPA payment functionalities and allow customers to check the status, transaction history and details of their own account based on real-time data.

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KGI Securities Joins Swift Network

SWIFT financial messaging provider for more than 10,000 banking organisations, securities institutions and corporate customers in 212 countries and territories, announced that KGI Securities Co. Ltd. has become the first Taiwan-based securities firm to go live on the SWIFT network. KGI Securities is the second largest securities firm in Taiwan with a wide range of businesses covering brokerage, wealth management, proprietary trading, underwriting, fixed income and derivatives. By joining SWIFT, KGI Securities can take advantage of its standardised platform as a secure and reliable way to communicate with all counterparties via one connection globally, and automate securities and payment transactions using widely adopted ISO standards.

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Paper Checks Disappearing

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Paper checks continue to fall out-of-favor in the USA, The volume of checks cleared through the Federal Reserve System declined 3.1% in the third quarter, following a 6.0% decline one-year ago. The latest figures show only 1.481 billion checks cleared in the third quarter of this year, compared to 1.609 billion…

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NCR Cloud Connect

NCR Corporation today unveiled NCR Cloud Connect: a powerful, cloud-based ecosystem of digital services for retailers. The innovations offered to retailers as part of the NCR Cloud Connect ecosystem will be provided by both NCR and a growing roster of innovative technology companies. As a result of the digital explosion, retailers are increasingly turning to new and innovative technology services to better engage consumers. According to a recent study by Retail Systems Research, 48 percent of retailers recognize that they must do more to incorporate digital and online experiences into stores. The challenge many retailers have experienced to date has been finding the best solutions to implement and making them as effective as possible in their existing retail environments.

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Voice ID for Secure Digital Tranactions

AGNITiO and fellow FIDO Alliance founding member Nok Nok Labs, a company founded to transform online authentication for modern computing, announce the world’s first demonstration at CES of a FIDO Ready™ Voice iD implementation, showcasing the market-transforming benefits of spoken voice authentication and identification for digital transactions. The Agnitio and Nok Nok Labs FIDO Ready™ demonstration shows how Voice ID and Nok Nok Lab’s Multifactor Authentication Client can be integrated into a mobile application to perform voiceprint-based strong authentication. The solution shown illustrates how FIDO-based authentication can replace the use of passwords to log in or confirm an e-commerce payment. This combination of Nok Nok Labs and AGNITiO FIDO Ready™ product empowers users of online, mobile, and point-of-sale applications to conveniently access sites and services, and perform transactions that are more secure, private, and easy-to-use.

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mCard Protects Personal Data

mCards, a mobile payment system launched by New Media Insight Group, Inc. helps users prevent their personal information from falling into the wrong hands by generating credit card numbers that can only be used once and expire after 20 minutes. When consumers sign up, they link their mCard to an existing bank account or credit card, which allows them to add money to their account. They will then be able to access a virtual credit card on their smartphone that they can use to make purchases at any merchant that accepts MasterCard. Because the mCard functions similarly to a prepaid credit card, even if someone did steal the number, the thief could only access the available balance.

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UniRush Appoints New CEO

UniRush, LLC,announced the appointment of Rick Savard as Chief Executive Officer and Chairman. Savard was CEO of NetSpend from 2004 – 2008. In 2009, he joined the FSV Payments board as a Director and became CEO in 2010, where he led the sale of FSV to U.S. Bank in December of 2012. Previous to NetSpend, he held a number of senior level positions in payments, retail and consumer package goods.

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