Basware and MasterCard Partner on Biz Payment, Receipt

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Basware e-invoicing and purchase-to-pay solutions has partnered with MasterCard, one of the world’s largest payment networks, to launch a revolutionary electronic payment solution that ensures suppliers are paid fast upon invoice approval, while extending payment terms for buyers. Companies worldwide are looking to new ways to grasp the benefits that electronic…

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CU Wallet Launching Credit Union Driven mWallet

CU Wallet credit union announced during the CUNA Technology Council that it is launching a credit union-centric mobile wallet application. At the time of the launch, 15 credit unions, ranging from $400 million to more than $5 billion in assets, and representing more than 2 million members nationwide, have signed agreements with CU Wallet. CU Wallet’s mobile payments platform is designed by credit unions, for credit unions to meet the needs of an increasingly mobile membership base, attract a new generation of members and generate new, sustainable revenue streams.

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Grant Victor Announces AppCard ATM Loyalty Program

Grant Victor, the foremost retail-style ATM service and solutions provider in North America, announced a partnership with AppCard customer loyalty solutions to provide the industry’s first integrated ATM loyalty program for retailers, merchants, and ATM operators. The partnership and integration will be showcased at the upcoming National Association of Convenience Stores conference held October 13th – 15th in Atlanta, GA.

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Equifax Improves on Risk Authentication

Equifax expands risk-based authentication capabilities within the Identity and Fraud product suite. Trends show that businesses want to improve the end user experience and reduce intrusive authentication methods while still maintaining security for online transactions and reducing fraud. A risk-based strategy that can segment safer transactions from riskier ones allows businesses a flexible way to balance risk, consumer friction, and cost. Our risk-based technology includes pattern and velocity detection, device recognition and risk score, and financial account validation, among other criteria. These risk factors combine within automated transactional decisioning to give business a workflow that challenges users with the most appropriate authentication based on the risk presented by the person, their location, and the task.

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Panini Names New CEO

The Panini Board of Directors is pleased to announce Michael Pratt has been appointed Chief Executive Officer for Panini and will lead the company’s global operations and continued growth. Michael is an accomplished and widely recognized industry executive with extensive market experience and an impressive career track record of superior results. Michael joined Panini in July 2007 as Director of Marketing for Panini North America. He was promoted to global Chief Marketing Officer in March 2009, playing a strategic and central role in the expansion and diversification of the company. Prior to joining Panini, Michael served in successful senior executive roles with Standard Register, AT&T, and NCR. He earned a B.S. in Marketing from the University of Dayton and an MBA from Miami University.

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Citi Philippines and Visa Launch Contactless Solution

Citi Philippines and Visa introduced the first contactless credit card payment technology in the country with Citibank Visa payWave. Offering Citibank Visa cardholders a faster, secure and hassle-free payment option, this latest innovation is set to change the local payments landscape for both retailers and consumers. The leader in credit cards, Citi Philippines is acknowledged for consistently setting new benchmarks with world class products and raising the bar with groundbreaking client service. In recent years, Citi has pioneered mobile-based payments with credit cards, real-time account inquiry with SMS and account management convenience with combined credit limit for multiple Citi cardholders.

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National Bank Direct Brokerage Mobilizes

With a view to making its online presence even more user-friendly, National Bank Direct Brokerage (NBDB) is launching a mobile version of the new website released in July (nbdb.ca). The mobile site optimizes user experience on smartphone devices, and is in line with NBDB’s interactive strategy, which calls for developing and improving e-channels to make our services even more accessible to self-directed investors. The new site at nbdb.ca, launched a few weeks ago in English and French, features a simplified, user-friendly interface, a new look, and a revamped Education Centre. It offers online investors a personalized path and content adapted to their specific trading style: novice, seasoned or active. The mobile interface, which is also available in English and French, has been enriched and adapted for use on smartphones.

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Nex-Tech Wireless Deploys Gemalto LTE

Gemalto digital security enabled Nex-Tech Wireless to launch Long Term Evolution (LTE)high-bandwidth wireless services to its subscribers in the United States. Gemalto’s comprehensive solution combining the LinqUs™ Advanced OTA platform and the UpTeq™ LTE multi-tenant SIM ensures that Nex-Tech Wireless mobile users can immediately enjoy the benefits of fourth-generation (4G) broadband-connectivity as well as easily transition further to future technology upgrades such as NFC. In addition to facilitating faster broadband connections, the solution manages secure connectivity to all multi-tenant SIMs with reliability. The advanced UpTeq™ LTE multi-tenant SIM, embedded with Gemalto’s unique secure polling software, enables mass update campaigns with a high success rate. Gemalto’s solution is scalable for future deployment of a broad range of advanced services such as M2M applications, multimedia, WiFi offload and NFC.

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Grant Victor Partners AppCard on Integrated ATM Loyalty

Grant Victo ATM service and solutions provider announced a partnership with “AppCard” customer loyalty solution, to provide the industry’s first integrated ATM loyalty program for retailers, merchants, and ATM operators. Current and future integrations of AppCard’s technology into ATM machines provide promising opportunities. Retailers and merchants utilizing the AppCard loyalty program will eventually have the option of awarding additional loyalty points through ATM usage, have access to powerful consumer shopping behavior analytics, and provide personalized offers at time of ATM usage to drive incremental purchases within the location.

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Fiserv Announces Latest Implementation

Fiserv announced First National Bank of Long Island (FNBLI)- a client since 1987- implemented its Common Origination Platform to meet its consumer, business and mortgage lending needs. Common Origination Platform from Fiserv is a single-platform solution that gives lenders a holistic view of their borrowers across all lending channels and products, aggregating data in one place regardless of the point of origination or loan type. FNBLI selected an ASP delivery model for Common Origination Platform. FNBLI also relies Fiserv Common Origination Platform and Signature with such solutions as CheckFree RXP, CheckFree Small Business, ConvergeIT, Risk OfficeSM, UChoose Rewards, Debit Processing, PEP+ and the Accel payments network.

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Oberthur to Provide TSM for Nets Nordic NFC SIMs

Oberthur Technologies announced Nets digital money, digital information and digital identities and card processor selected its Trusted Service Manager (TSM) to secure NFC services for partnering banks and other service providers across Nordic countries. Hosted in Oberthur Technologies’ highly-secured data centre in Tewkesbury (United Kingdom), the TSM will allow each bank partnering with Nets to securely issue, distribute and administrate payment cards into the NFC SIM cards of their respective customers. Nets will be able to aggregate different types of NFC payment cards (debit, credit and prepaid cards) and will be open to other forms of mobile payment solutions in the future, as well as to a variety of digital services (tickets, travel cards, electronic keys, membership cards…). It will be provided as an open, flexible white label solution so that the end-users will perceive this as their individual bank’s or service provider’s solution.

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Conference Board Continues Gradual Ascent

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Conference Board Leading Economic Index for the U.S. was up 0.7% in August to 96.6 (2004 = 100), following a 0.5% increase in July, and no change since June. The LEI six-month growth rate remains steady, suggesting that conditions in the economy remain resilient. Widespread gains in the leading indicators…

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