DataCash Partners MoPowered mCommerce

DataCash partnered with MoPowered mobile commerce, allowing its merchants to meet the needs of a demanding mobile market by using MoPowered’s secure SaaS platform technology. This will also give retailers the reassurance and reputational advantage of providing customers with the best and most secure of payment services. MoPowered allows merchants to make the most of the growing smart phone adoption in the UK with optimised mobile websites and create another point of sale for existing and new customers.

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Direct Pay with ACH Now Leads Consumer Bill Pay

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Direct Payment via ACH is the leading method consumers use to pay their bills, offered through 75% of billers which provide electronic payment options. Now 50% of consumer bills are paid through this method while only 42% consumer bills are still paid through the mail and 11% are paid with credit/debit…

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GiftCards.com Acquires Mobile Start-up Company

GiftCards.com acquired Giftly mobile gifting app to build a digital and mobile commerce platform in the $110 billion gift card industry. GiftCards.com commands strong positions in both the plastic and digital gift card spaces and prints on-demand custom gift-cards in its own facility. It offers personalized, pre-designed, virtual, local, group, and discount gift cards. Meanwhile, Giftly lets consumers buy and deliver digital gifts via its website and free app. Giftly has pioneered a new platform for gift cards which sends gift credits to recipients when they redeem a gift, rather than issuing plastic cards, and requires no point of sale integration.

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Chase Enhances United MileagePlus Explorer Card

Chase Card Services announced all purchases made with the United MileagePlus Explorer Card outside of the U.S. will no longer be subject to foreign transaction fees. A cardmember spending $3,000 while traveling outside of the U.S. would save $90. This enhancement adds to the other unique benefits, such as a free checked bag, priority boarding and two United Club® passes per year, that MileagePlus Explorer cardmembers already enjoy. Cardmembers and up to one traveling companion will receive their first checked bag free on United operated flights when they purchase their ticket with their card- worth up to $100 per roundtrip. Service charges for additional/oversized/overweight bags will apply. Cardmembers also board prior to general boarding, so they have earlier access to overhead space and can relax as the rest of the plane boards and earn 10,000 additional bonus miles after spending $25,000 or more on the Card each calendar year.

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TNS Intros Telco-Based Verification

Transaction Network Services (TNS) added to its “TNSVerify” product suite a solution to help reduce risk and fraud in the US payments and financial services industries. Professionals managing fraud, risk, and compliance challenges for brick-and-mortar and online companies, can benefit from unique telecommunication data insight and capabilities in a single solution thanks to TNSVerify. TNS has partnered with leading mobile and landline telecommunications providers who together, recognize the inherent problems and risks associated with establishing identity in response to the defective grey market phone subscription data currently serving the identity verification market. The “TNSVerify” solution boasts the highest security levels. TNS can reference accurate and current information through its extensive relationships with over 1,100 telecommunications companies, including many of the US’ largest mobile, VoIP, cable and landline telephone service providers.

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NCR Installs First EMV Compliant ATM in U.S.

NCR Corporation has begun upgrading ATMs at People’s United Bank with the new consumer card security technology, in conjunction with Vantiv and Pendum, and the first EMV ATM in the US is officially in service. The first upgraded ATMs are the People’s United Bank ATMs located at their 250 Park Avenue, New York, branch. The upgrade includes an upgrade to the card reader hardware inside the machines as well as a software upgrade. Since 2011, NCR has been shipping all SelfServ™ ATMs with smart card readers as standard. Globally, 36 percent of cards and 65 percent of terminals in deployment run using the EMV standard. Vantiv became the first U.S. acquirer to complete MasterCard’s testing requirements to process EMV transactions for MasterCard, Maestro and Cirrus brands at both ATM and at the point-of-sale locations.

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Monitise Sees 60K subscribers to New BBM Money Service

Monitise announced the early success of BBM Money, the P2P mobile payments service launched through its Joint Venture with Astra International in partnership with PT Bank Permata Tbk (PermataBank) and BlackBerry. Since going live at the end of February 2013, the service has attracted more than 60,000 registered users towards its end of 2013 target of 200,000. BBM Money gives BlackBerry Messenger (BBM) customers in Indonesia the ability to instantly create and access a Mobile Money account from their BlackBerry smartphone and make real-time payments to their BBM contacts who are also signed up to the service, at any time from wherever they are. The simple and secure service also enables users to buy mobile airtime credit and transfer money to bank accounts.

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Elisa Implements Savantor mPayments

Savantor strategic, business and technical expertise to the payment industry announced its involvement in the successful launch of the innovative new contactless payment method offered by Elisa mobile network operator. To achieve the objective of launching the new product, Elisa recognised their requirement for additional expertise in new payment technologies. Savantor, as experts in the payment cards market, were selected to assist with Elisa’s fast-moving new payment initiatives providing the framework and necessary know-how to successfully undertake the programme. The new service includes an application on the mobile for contactless payments, separate online payment cards, an online and mobile payment application as well as money transfers between users, developed in collaboration with MasterCard and utilise MasterCard PayPass™ technology.

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Diebold Installs Ground Breaking TouchScreen ATM

Mellon Bulgaria EAD payment solutions and outsourced services installed for Teximbank the latest Diebold Opteva® series ATMs. Running on Agilis software, the ATMs are equipped with the latest touch screen technology to replace the traditional screen tactile buttons and are the first to be installed in Bulgaria. This new ATM confirms the position of Mellon Bulgaria EAD as a technological innovator in this field. Opteva ATMs help financial institutions provide a level of service closer to a branch experience by enabling additional functionality including deposit automation, advertising and other advanced banking transactions, such as printing on passbooks to record consumers’ transactions.

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Americans Pay Down Debt as Unemployment Wanes

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] When superimposed over one another, unemployment and consumer credit outstanding swells and lulls indicate very positive correlation. With the total outstanding revolving US consumer credit up 7.75%. in February to an adjusted $848B, it slowed in March to $846B. Meanwhile, payroll employment was up 165,000 in April as the unemployment conversely…

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NCR Partners Jamba Juice, PayPal on Mobile Ordering

NCR Corporation is working with Jamba Juice, in collaboration with PayPal, on a series of customized mobile solutions, including a Jamba Juice branded iOS® and Android™ mobile ordering and payment solution. This ordering functionality is available today in select Jamba Juice locations via the PayPal app to millions of customers and allows consumers to place mobile orders and pay directly from their smartphone. The customized mobile ordering solution will seamlessly integrate with the NCR Aloha point-of-sale (POS) platform. It is expected to improve speed of service and offer a differentiated experience to Jamba Juice customers, enabling them to skip the line to pick-up their order.

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Xoom & Vesta Partner on International mTransfers

Xoom digital money transfer provider, and Vesta Corporation, mobile payments provider, announced a partnership to offer international money transfers using mobile devices. The Vesta PayMobile wallet allows users to top-up their prepaid iPhone and Android devices with some of the largest carriers in the US. Through this partnership, the Vesta wallet will also provide subscribers with access to Xoom’s money transfer services directly from their smartphone. Through the wallet app built by Vesta, users will be able to sign up for the Xoom service, and send money to friends and family in Latin America, the Philippines, India, Europe, Australia and South Africa from their smartphone.

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