Belgazprombank Deploys BPC SmartVista

BPC Banking Technologies Open System payment solutions announced Belgazprombank deployed its SmartVista. To support the Bank’s strategy and innovative culture, Belgazprombank made the decision to implement its own processing centre, thereby allowing the Bank to take full control of its payments business. With SmartVista as a kernel of the new processing system, the Bank is able to support international payment systems such as Visa, MasterCard and China UnionPay along with the local payment system – “Belkart”. Additionally the Bank is now better positioned to meet new state regulations and initiatives. During the project BPC Banking Technologies used its expertise in connecting to national payment systems to rapidly integrate to the “Belkart” system, which has over 5 million cards in circulation.

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Mpayments Promo Consumer Protection Concerns

Mpayments brought to Canada potential risks to Canadian consumers, according to “Mobile Payments and Consumer Protection in Canada,” Financial Consumer Agency of Canada (FCAC). It the extent to which financial consumers in Canada are protected when making m-payments and found that consumer protections vary greatly. Users of m-payments in Canada are not all protected equally, as consumer protection obligations vary by service provider. Mobile devices represent an opportunity to improve disclosure by informing consumers and seeking consent in real time. M-payment service providers may sell user data to third-party marketers, who then target consumers with advertising based on demographic, behavioural and geographic information. This practice, known as profiling, may provide benefits to consumers, but it may also pose new risks, particularly when products are marketed to vulnerable consumers.

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hyperWALLET Extends Payment Services in New Markets

hyperWALLET, a leading provider of global payment solutions, announced the availability of new direct-to-bank payment and Western Union cash pickup services for both Colombia and Croatia. hyperWALLET’s e-wallet technology and extended payment services enable corporations to pay people in a fast, cost-effective manner in local currency across both countries. Through their online e-wallet, payees can choose to receive their funds direct-to-bank, or pick up their money as cash at any Western Union agent location in Colombia or Croatia.

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HomeSend Mobile Money Account

MasterCard, eServGlobal and BICS today announced the formation of HomeSend, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets – regardless of their location or that of the recipient. The HomeSend JV will leverage the current HomeSend platform, a remittance hub based on eServGlobal technology and developed as part of a strategic partnership between eServGlobal and BICS. The HomeSend platform was first to market in offering international mobile remittances.

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Discover Financial Services Joins FIDO Alliance

Discover and the FIDO (Fast IDentity Online) Alliance announced that Discover has joined the Alliance and been appointed to the Board of Directors. FIDO members commit to share technology and collaborate to deliver open specifications for universal strong authentication that enables FIDO-compliant authentication methods to be interoperable, more secure and private, and easier to use. Open FIDO specifications will support a full range of authentication technologies, including biometrics such as fingerprint and iris scanners, voice and facial recognition, as well as existing solutions and communications standards, such as Trusted Platform Modules (TPM), USB Security Tokens, embedded Secure Elements (eSE), Smart Cards, Bluetooth Low Energy (BLE), and Near Field Communication (NFC).

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Kuboo.com Partners with Oink Payments

KUBOO Inc announced that it has partnered with Virtual Piggy, Inc. (http://www.virtualpiggy.com/) , provider of safe youth payments technology, Oink. The parties have agreed to joint marketing efforts that will reach millions of kids and teens. Oink (http://www.oink.com/) is the only COPPA compliant payment technology designed to allow retailers and game publishers to reach under 21 consumers in a safe, legal and effective manner.

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Mobiliti from Fiserv “Best in Class” mBanking Provider

Fiserv announced that its Mobiliti mobile banking platform received four “Best in Class” distinctions in a recent CEB TowerGroup global mobile technology analysis. Mobiliti from Fiserv was named “Best in Class” in each of the four categories evaluated: Customer Experience, Interface Development, Integration and Management and Enterprise Support. The CEB TowerGroup technology analysis aims to provide a customer-driven, transparent and unbiased review designed to drive informed business decisions. Its product rankings highlight best-in-class attributes and show a comparative perspective of leading products. This report assessed more than a dozen mobile banking offerings across worldwide markets. When evaluating Mobiliti, the CEB TowerGroup report cited the structured approach to product roadmap development employed by Fiserv to ensure continued delivery of innovative product features.

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Fiserv Announces Latest Popmoney Client

First National Bank of Pennsylvania recently announced that it is one of the first banks in the country, and the first bank in Pennsylvania, to introduce Popmoney Instant Payments, a new feature within the Popmoney personal payment service that allows FNB online banking customers with an FNB debit card to transfer money in real time to other people. Popmoney, a Fiserv product which FNB has offered since 2012, allows FNB customers to quickly and easily request money or send payments using the recipient’s email address, mobile phone number or bank account information. Customers will now have the convenience of sending money immediately, without the need for cash or the traditional delays associated with other forms of money movement, such as check or ACH and without the hassle and expense of a wire transfer.

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Africa’s First Travel Rewards Program

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] AfrAsia Bank and MasterCard introduce Africa’s first travel rewards program offering real time booking on over 450 airlines and at 200,000 hotels to its World and Titanium MasterCard cardholders. In collaboration with Infinia Services & Solutions and MasterCard, this travel rewards program enables cardholders to earn XtraMiles whenever they swipe their…

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MoneyGram Partners New Albertson

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MoneyGram, a leading global money transfer company, announces today that it has signed an agreement with New Albertson’s Inc., (NAI), to offer money transfer, bill payment and money order services in all ACME Markets, Jewel-Osco, Shaw’s and Star Markets grocery stores. The new agreement with NAI includes provisions which will allow…

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