Western Union financial services forged renewal agreement with Safeway food and drug retailer. Under the terms of the agreement, more than 1,640 Safeway store locations across the United States and Canada will continue to offer Western Union® global money transfer services. Safeway will also introduce Western Union money order and consumer bill payment services in the U.S. in 2013.Details
Agilysys innovative retail information technology and hospitality software solutions partnered Motion Computing rugged tablet PCs and mobility solutions to deliver comprehensive mobility solutions to retailers utilizing Windows POS systems. For this partnership, Agilysys will be responsible for developing the tablet’s software, integrating with legacy Windows applications, mobile infrastructure, staging, deployment and ongoing management, support and service.Details
Perry Ellis International piloted Starmount’s mobile POS solution at 17 Perry Ellis stores in time for the holiday shopping season, allowing Perry Ellis sales associates to provide a higher level of customer service. This is part of a chainwide rollout of Starmount Connect and Engage that will be completed in the first quarter of 2013. For this the Starmount mobile POS and mobile selling solutions will help Perry Ellis increase the level of customer engagement throughout the store, enabling associates to use mobile devices for product and price lookup, product recommendations, clienteling, and to provide access to customer loyalty information.Details
In conjunction with this past week’s Dynamics release, Radical Studios launched its Radical Comics experience reward for the battery-powered Dynamics ePlate credit card device. This allows consumers to earn Radical Comics-related products with every purchase. The Radical Comics experience™ reward allows consumers to earn comic book images by making purchases with their Dynamics ePlate credit card device. As sets of images are collected, consumers can redeem the sets for items such as graphic novels, autographed lithographs, and autographed comic books once they sign up for he offering.Details
USA Technologies wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries announced it expects a major milestone with its fiscal 2Q/13 financial results. That’s because the Company is expecting to achieve non-GAAP net income”for the first time”for its second fiscal quarter ended December 31, 2012 (see Non-GAAP Financial Measure below for definition), following aggressive actions taken by management throughout 2012 to accelerate USAT’s “path to profitability”. Total revenues for the second quarter are expected to be in the range of $8.8 to $8.9 million, reflecting an approximate increase of 29% compared to the same period in the prior year.
Recurring revenues for the second quarter are expected to be approximately 83% of total revenues for the second quarter. Total net connections added in the second quarter, which contribute to future recurring revenues, are expected to be approximately 12,000, an increase of 71% from the same period a year ago.
HSBC’s Global Payments and Cash Management (PCM) business welcomes back Rani Gu to lead its Financial Institutions Group (FIG) team in China. She will be responsible for the delivery of Cash Management solutions and services to international financial institutions in China, thereby driving an integral part of HSBC’s growth strategy for its FIG business globally. Rani spent the last seven years at Citibank where she held various senior roles focussing on the financial services sector including, most recently, being responsible for their RMB strategy and product development.Details
LML has received shareholder approval for the proposed plan of arrangement with Digital River, by which Digital River will acquire all of the issued and outstanding common shares of LML. This in exchange for U.S. $3.45 in cash for each LML Share. Each holder of an option or warrant to acquire LML Shares will receive a cash payment per option or warrant equal to the difference between U.S. $3.45 and the exercise price of the respective option or warrant. Approved by a special resolution of shareholders of LML at the special meeting, the special resolution required affirmative votes from 66 ²/3% of votes cast in person or by proxy by holders of LML Shares. An affirmative vote was cast by 96.34% of shareholders represented in person or by proxy at the Meeting.Details
YourCash payment technology for ATMs and cash management will continue deploying ATMs at Genting UK casinos. Genting UK is part of the Genting Group which celebrated its 45th anniversary in 2010, and has grown into a truly global business with interests spread across the world. Genting UK is the largest casino operator in the country with over 40 casinos located from Edinburgh to Plymouth.Details
Epay have partnered with WorldPay to allow retailers the ability to process credit and debit card payments through their epay terminal using their Streamline technology. Not only will retailers benefit from earning excellent commission rates from existing products, epay retailers can now also increase spending from customers who prefer to make purchases using their credit/debit cards, whilst processing card payments at competitive rates. In addition to providing payment processing for all major debit and credit cards including MasterCard and Visa, epay’s new terminal with Streamline technology also offers a range of card payment options to process transactions in a face to face environment using fixed, portable, and mobile card acceptance devices. epay’s new VX 520 terminal with built in card processing technology can also be connected to broadband to bring transaction speeds down to as little as two seconds.Details
GlobalPlatform announced Hengbao Corporation as its latest Observer Member. Hengbao smart card products and technology solutions which operates across the banking, telecommunication, identity and internet of things markets – will direct its attention towards GlobalPlatform’s Task Force initiatives. These groups define specific market requirements and assess how GlobalPlatform’s Specifications can be advanced in line with future needs.Details
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor continued its 2 month skid, down 4.3 points in December to 91.1 due to lower spending intentions following the holiday season and economic uncertainty amongst consumers. With it, those expecting an improving economy declined 3 points to 32% while there was a 3-point decline in the…Details
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Geezeo, a leading FinTech firm that offers online financial management (OFM) tools, personal financial management (PFM), and web-based, data-driven marketing platforms to financial institutions, announced that American Greetings Federal Credit Union, Florida Transportation Credit Union, Congressional Federal Credit Union, Wings Financial Credit Union and Linn Area Credit Union, will integrate Geezeo’s…Details