TD Bank Deploys Fiserv ePayment

Fiserv financial services technology solutions announced TD Bank will implement its “CheckFree RXP” electronic bill payment. The “CheckFree RXP” will provide TD Bank customers more control over their bill payment tasks and will enable them to receive e-bills from more than 400 national and local companies directly within their online banking service. It allows TD Bank customers access to Fiserv electronic billing and payment for next business day delivery of most payments and bill payment for tens of millions of consumers and is offered by 3,800 financial institutions, a number that increases each month.

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ROAM Data Launches Mobile Software Developer Kit

ROAM Data mcommerce platform introduced its software developer’s kit to simplify integration of card-present mobile payments into applications for iPhones, iPads and Android devices. ROAM’s developer kit supports mobile commerce-based apps development for a range of applications including invoicing, accounting, and retail point-of-sale. The kit includes Roam Card Swipers for development and testing; the ROAMpay Swipe application programming interface for card swiper; the ROAMpay API for ROAM commerce platform; the ROAMpay API for boarding merchants on the ROAM commerce platform; and a Test Account to develop and test applications.

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Smart Card Alliance Deploys US EMV Migration Forum

The Smart Card Alliance announced the formation of the EMV Migration Forum, an independent cross-industry organization. This will support the alignment of the EMV implementation steps required for global payment networks, regional payment networks, issuers, processors, merchants, and consumers to successfully move from magnetic stripe technology to secure EMV contact and contactless technology in the United States. The EMV Migration Forum will have a separate membership and be open to representatives from financial card issuers, payments processors, merchants, acquirers, payment networks, industry suppliers and other constituent groups including payments industry associations to ensure that all stakeholders ins intakeholders in the payment industry are represented.

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NCR to Highlight SaaS Offerings at RetailNOW 2012

NCR Corporation is set to showcase a variety of Software as a Service (SaaS) and hardware solutions at the RetailNOW 2012 show in Las Vegas, highlighting how channel partners can offer both SaaS and hardware solutions in a way that allows retail and hospitality end users to better serve their customers. For resellers serving the independent retailer and hospitality segment, SaaS offers an opportunity for channel partners to create a recurring revenue stream to augment the more infrequent revenue associated with the sale of hardware solutions and software licenses. NCR will also showcase retail grocery solutions at the show, NCR Advanced Checkout Solution (ACS) for independent retailers, NCR Advanced Back Office (ABO), NCR SelfServ™ Checkout and the NCR RealPOS family of POS workstations and peripherals.

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Kaiku Finance Launches Prepaid Visa Card

Kaiku Finance launched its KAIKU Visa Prepaid Card reloadable prepaid debit card. The KAIKU Card empowers consumers to more effectively manage their money, offering affordability, transparency, access, convenience and mobility. For it, cardholder funds are FDIC insured; there is no activation fee; cardholders can load funds by cash, from a credit card, from a bank account, by transfer from another KAIKU Card; and is valid wherever Visa is accepted. It also features free apps for iPhone, Android and Blackberry; free card-to-card, bank-to-card and Paypal-to-card transfers; and charges no inactivity fee. KAIKU estimates cardholders will save an average of $65 – $225 annually compared to similar usage with traditional reloadable prepaid debit cards.

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Lemon Launches Wallet on Google Play and Debuts Lemon for Business

The Lemon mobile wallet platform made available the Lemon Wallet on Android and launched its Lemon for Business. The Lemon Wallet customers already scanned over a half million cards to digitize and back-up their wallet data, stored behind Lemon’s proprietary government-caliber security technology. The Lemon Wallet easy-to-use tool for digitizing and backing up all of the items traditionally carried in a physical wallet and is more secure than the physical wallet itself. Android users are now able to download the App from Google Play for any Android 4.0 or higher smartphone to snap a photo of each item in their wallet, including debit, credit, loyalty healthcare and ID cards, as well as receipts, tickets and coupons.

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CSR Makes Available ACH Payment Option

CSR data compliance solutions added the ACH functionality as an alternative billing method, making receivables easier, and creating an opportunity for reseller clients of CSR’s PCI ToolKit™ program for merchant PCI compliance and the CSR Breach Reporting ToolKit™ (BRT) data breach reporting service for all organizations to collect revenues from clients should they leave the reseller for another payments provider. The ACH Network, managed by NACHA, provides a safe, secure, and reliable network for billions in direct payments and is commonly used by consumers for insurance premiums and mortgage payments. ACH transactions for CSR services will mean confidence and convenience for merchants.

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Wincor Nixdorf and ScanSource Europe Partner

Wincor Nixdorf and ScanSource Europe pan-European value-added distributor of automatic data collection, EPOS and mobility solutions, partnered to allow ScanSource resellers to access Wincor Nixdorf’s range of EPOS solutions. These solutions enable resellers to deliver excellent service levels to their customers through fast check out speeds, and cashier efficiency with superfast touchscreens and printers, all at a low cost of ownership. ScanSource provides technology and value-added services to resellers across Europe and will now offer the same Wincor Nixdorf EPOS solutions that are installed in many well-known establishments across Europe. The EPOS solutions are available to ScanSource customers with immediate effect and include leading Wincor Nixdorf products marketed under the Beetle brand name.

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Chase and Marriott Rewards Launch Hotel Rewards Credit Card

Chase Card Services and Marriott Rewards launched the “Marriott Rewards Premier Visa Card from Chase,” charging no foreign currency transaction charges on international purchases. Holders do not pay the 2.5% foreign currency transaction charge, after the exchange rate conversion is applied, on purchases outside of Canada-in person or online. The card also offers cardholders the ability to earn accelerated Marriott Reward® points on all purchases, accumulate free night stays, and receive automatic Silver Elite Status. “Marriott Rewards Premier Visa Card from Chase” cardholders will earn 5 points per $1 spent at over 3,500 Marriott locations; 2 points for every dollar spent on car rentals, dining, and airline tickets purchased directly with an airline; and 1 point per $1 spent on all other purchases.

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MoneyGram Renews Coppel Contract for 976 Stores

MoneyGram global money transfer company has renewed its contract with Coppel department store chain after nearly 10 years of collaboration. With this, customers can access money transfer services across Coppel’s 976 retail locations, maintaining MoneyGram’s presence in the country, which boasts an inflow of approximately $24 billion in cash remittances during 2011-the world’s third largest receiver of money and Moneygram’s largest market for remittances sent from the U.S. MoneyGram will subsequently increase its marketing efforts to promote the availability of its send and receive services at Coppel’s retail stores.

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Western Union Revenue Up 4% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Western Union posted 2Q/12 revenue of $1.4 billion, up 4% from the year ago period, and an operating margin of 24.3%, compared to the year ago figure of 25.7%. Consumer-to-Consumer operating margins were consistent with prior year. The decrease in consolidated operating margin compared to prior year was primarily due to…

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Euronet Posts 2Q/12 Revenue Up 8% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Euronet Worldwide electronic payments provider posted 2Q/12 results, with total revenues of $302.4 million, up 8% from the year ago figure of $279.8 million. Net income attributable to Euronet was $5.7 million, compared to the year ago figure of $11.9 million while transactions totaled 570 million, a 13% increase from 503…

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