Ukash Conducts Executive Appointments

Ukash Global eMoney Network appointed two senior managers to support the next stage of the company’s international growth and development.James Allum has been appointed Commercial Director and will a play a key role in developing Ukash’s international footprint, increasing distribution in both new and existing territories. Formerly Chief Executive Officer of Western Union Payments Service UK Ltd, James has more than 12 years’ global sales and marketing experience and a proven track record in business development across all areas of the payments sector. Jon Fox, who joins Ukash as Sales Director, has over five years senior management experience with WorldPay, formerly part of the Royal Bank of Scotland Group.

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Hattha Kaksekar Implements BPC SmartVista for micro-finance

BPC Banking Technologies Open System e-payment solutions for the global financial industry inked Hattha Kaksekar Limited, for which it will implement a multifunctional in-house financial transaction switch for ATM, POS and mobile payments as well as a fully-fledged card management solution with the installation of the SmartVista suite. SmartVista’s advanced capabilities with widely available channel technologies such as ATMs, POS devices and mobile phones, Hattha will not only be able to reach more customers in more places but also do it more cost-effectively. Previously, collecting loan repayments required Hattha staff to travel door-to-door, now with SmartVista Hattha will automate the process by broadening the services available through an enlarged ATM network. Customers will be able to withdraw microloans at ATMs, enjoy remote access to their accounts as well as making repayments against their microloans. Initially these new and convenient services will only be available through the ATM network but Hattha has plans to offer the same facilities through mobile phones. SmartVista’s “SmartSwitch” solution provides a real-time transaction engine for payments switching to enhance online processing capabilities.

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FIS 2Q/12 Revenue Up 3.1% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] FIS banking and payments technology posted 2Q/12 revenue from continuing operations up 3.1% to $1.46 billion, compared to $1.41 billion in 2Q/11. Net earnings from continuing operations, as adjusted, totaled $198.1 million, or $0.66 per diluted share, compared to $167.7 million, or $0.54 per diluted share, in the second quarter of…

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Card Compliant Names Chief Sales/Marketing Officer

Card Compliant appointed Jeff Johnson Chief Sales and Marketing Officer to lead Card Compliant’s management of all global sales including market assessment and product strategy. With this, he will drive achievement of the company’s customer acquisition and revenue goals, and will evaluate new business opportunities, strategic alliances and market conditions for Card Compliant. Johnson brings to the role experience in the prepaid card industry having served most recently as the Senior Vice President and Division Manager of Prepaid Services for First Data, where he led the product development efforts for open loop, closed loop, healthcare, transportation and payroll products, along with leading the strategic planning efforts and new growth initiatives for prepaid.

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Experian Launches Online Collections

Experian information services launched its “Smart Collect 24/7” online collections portal. Giving creditors a quick, secure and easy way of interacting with customers in arrears, “Smart Collect 24/7” uses technology developed by Intelligent Environments and gives banks, retailers and other providers the ability to provide their customers with the tools to manage their arrears, securely make payments, set up direct debits and create payment plans through internet enabled devices.

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AlphaPoint Acquires SoftPay Solutions On-Line Payment Systems

AlphaPoint Technology Data Center Infrastructure Management and IT Asset Management solutions through its “AssetCentral” has acquired SoftPay Solutions. The “AssetCentral” solution uses an SQL database for storage, on-demand content generation, hyper-linking and cascading style sheets to create a highly customizable visualization tool for managing IT assets. This enables integration with real-time power management, auto-discovery, RFID, temperature sensors, and network and system monitoring tools. AssetCentral™ provides “drill-down” asset modeling, capacity planning, change management and business reporting functionality for today’s complex data center environments. Meanwhile, SoftPay’s solution includes an “on-line billing system”, which enables merchants through their own control panel and dashboard to view daily profits, run transaction reports, and to manage customer databases, subscription billing, invoicing and customer notifications using various email tools.

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Evolution1 Appoints New Executive VP

Evolution1 electronic payment, on-premise, and cloud computing healthcare solution that administers reimbursement accounts announced Robert Deshaies will join the company as executive vice president. Deshaies will partner with Evolution1 execs to deliver a world-class Partner experience and will be responsible for further accelerating growth and increasing the presence of Evolution1 in the market. He will oversee human resources, sales, focused business development, marketing, revenue, and public relations. He brings more than 25 years of industry and Partner model experience to Evolution1.

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CreditKarma Launches iPhone App

CreditKarma.com consumer credit advocate launched its its “Credit Karma Mobile” free iPhone app. Offering free credit scores and free credit monitoring on-the-go, Credit Karma Mobile users may also register for free credit monitoring and receive notifications when certain events are reported in their credit report. This service is unique to CreditKarma.com and has never been offered before in an app. Credit monitoring services help consumers monitor and identify possible fraud. According to the Bureau of Justice Statistics an estimated 8.6 million households had at least one person in their family who was a victim of identity theft in 2010. It also gives the option for consumers to receive free notifications when certain events are recorded and a “Credit Report Card” to disclose factors influencing the credit score.

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Panini Releases Program & solutions to Improve Teller Capture

Panini global payments solution provide launched several initiatives to assist financial institutions with successful implementation of teller image capture (TIC). Through these programs, financial institutions have access to hardware, software and services from Panini’s Continuous Innovation Portfolio. These include the Panini “Avantor” for the management of check scanners deployed throughout an institution, including branch deployments. Panini Avantor is designed to be flexible, scalable, and adaptable, allowing financial institutions to configure the solution based on their unique teller capture requirements. Panini also released a new white paper “TIC Best Practices: A Branch Perspective” that provides critical information related to best practices for successful TIC implementations.

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MasterCard and Sonoma State Support the Performing Arts

MasterCard and Sonoma State University forged a long-term relationship in support of the performing arts in which MasterCard will become the title sponsor of the annual MasterCard Performance Series. It will also support the building of an outdoor pavilion for music and dance at the Green Music Center, adjoining the Joan and Sanford I. Weill Hall. Sonoma State University and MasterCard will also offer a student internship program in the field of entertainment and sponsorship management and offer financial literacy programs and tools for the university’s students.

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Cooperative Purchasing Network Awards UMB Bank Contract

UMB Bank been awarded a contract as the select purchasing card provider by The Cooperative Purchasing Network (TCPN) to establishe a national cooperative buying contract that satisfies the needs of participating governmental and non-profit entities for the purchase of Procurement Cards and Related Services with UMB Bank as the issuer. This contract will permit governmental agencies to establish a procurement card program with UMB on an “as needed” basis from a competitively awarded contract to comply with purchasing regulations.

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