Text2Pay Launches mPayments for Online Dating

Mobile payments provider Text2Pay announced that participating dating websites will now be able to use the Text2Pay mobile payment platform to sell virtual gifts and dating goods to their users – easily and securely. The iDate conference will be held on June 20-22, 2012 at the SLS Hotel in Beverly Hills, CA. The conference also coincides with the Social Media Conference, also taking place in Beverly Hills on the same days. Those that register to one event are able to attend both.

Details

Chase Sapphire Partners Pandora, Offers Personalized Music

Chase Card Services forged a partnership with Pandora radio service to bring summer-themed music to listeners from June 20 to September 4. In addition to 14 new summer-themed genre stations, listeners can experience the “Sapphire Summer Sounds” radio station, which brings the Chase Sapphire brand to life in an easily accessible playlist. During the launch of the partnership on June 20, Pandora listeners will enjoy a full day of limited interruptions and more music with only one advertisement per hour on the Pandora web platform, courtesy of Chase Sapphire.

Details

Oberthur Acquires MoreMagic mPayments

Oberthur Technologies completed its acquisition of the mobile payments company MoreMagic. This partnership will create a comprehensive suite of mobile commerce and financial services solutions including a secured mobile wallet infrastructure and NFC end-to-end offer. This will help mobile operators, financial institutions and other non-telecom service providers to offer innovative services such as P2P transfers, mobile banking, proximity and remote payments. MoreMagic’s offer will be part of Oberthur Technologies’ solutions portfolio and will be available through its global sales network.

Details

KAL ATMs Launches Cashless ATM

Global ATM software company, KAL, launched the Retail Teller Machine (RTM): a revolutionary cashless ATM which is set to transform branchless banking forever. Operating at one tenth of the cost of bank ATMs, RTMs do not dispense cash. Instead they print a unique voucher which is then exchanged for cash inside the same store. The retailer is immediately compensated by the RTM which executes a back-to-back transaction. This remits the dispensed amount into the retailer’s bank account. Running the same software as ATMs, the RTM provides a full range of banking services and even includes the ability for the customer to video conference with a bank call center.

Details

FiTeq to Present at Visa Security Summit 2012 in Bali on Innovations in EMV Cards: Dynamic Authentication Taken to the Next Level

FiTeq was recently selected to present at the Visa Security Summit 2012: “Securing Your Business Growth” for key risk management professionals who offer participants the opportunity to share valuable insight into security challenges faced by today’s payments industry and hear how industry experts like FiTeq view the future of payment security. With payment card fraud a global issue, consumers’ fear of being victimized is fueled by news of data breaches and the breaches continue. FiTeq’s presentation: Innovations in EMV Cards: Dynamic Authentication Taken To The Next Level For Non-EMV Terminals, Ecommerce & More will be highlighted during breakout sessions, as the Summit’s theme is focused on current risk issues and trends that contribute to business growth, such as Authentication Roadmaps, Card Not Present (CNP) Fraud trends and Mobile Phone Payment Applications. FiTeq will demonstrate how their innovations in EMV card technologies overcome these security issues.

Details

Cardlytics’ Managing Director, UK, to Present at BayPay Europe

Jason Brooks, Managing Director, UK, of Cardlytics, the pioneer of Transaction-Driven Marketing™, is part of a select group of presenters at this week’s BayPay Europe Event: “The US meets Europe on Emerging Commerce Technologies,” held June 21 at the Agence Regionale de Developpement Paris Ile de France. The event is hosted by the BayPay Forum, an association of payment professionals at the forefront of new trends and disruptive innovations in the global payments industry. Brooks is participating in the 10:30 AM – 12:00 PM presentation, “Promising US Payments & Commerce Companies,” and will be presenting alongside executives representing Device Fidelity, CyberSource, National Security and QSecure.

Details

Amazon Launches Portal for International Mobile Apps

Amazon.com announced that developers can now submit apps for distribution this summer in the United Kingdom, Germany, France, Italy and Spain, with plans for further global expansion in the near future. Developers can get started by visiting the Amazon Mobile App Distribution Portal. The Amazon Appstore in the U.S. has grown to tens of thousands of apps and games in just one year. As a result of features like 1-Click purchasing and Test Drive (which allows customers to try apps before purchasing them), developers report strong monetization from the apps they offer through Amazon. Amazon recently introduced an In-App Purchasing service that is simple for developers to integrate and helps monetize their apps and games even better than before, while still offering customers a seamless and secure 1-Click purchasing experience. Many developers have seen revenue skyrocket as a result of Amazon In-App Purchasing and are excited to offer their apps to even more customers outside the United States.

Details

Discover 2Q/12 Income Sinks, Cardholders Paydown

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Discover Financial Services posted a net income of $537 million in 2Q/12, down from the year ago figure of $600 million. Total loans, however, grew $4.5 billion by 9% to $57.1 billion, of which credit card loans grew $1.6 billion to $46.6 billion. Credit card loan delinquencies and net charge-offs reached…

Details

Western Union Launches Bill Presentment Solution for Smartphones

The Western Union Company global payment services enhanced its Western Union “Speedpay” service to help billers meet growing consumer demand to receive electronic bills through smartphones and mobile devices. The enhancement was developed with eBill presentment specialist, Striata, and operates across multiple platforms and devices, including Android™, Blackberry®, iPhone®, iPad®. The Western Union Speedpay eBill payment and presentment, (EBPP), solution helps billers reach consumers who prefer to access their email from their mobile devices. The enhanced solution allows consumers to receive bills as a simple, secure email attachment that can be opened with just one click and 24-hour access to one-click bill payment processing.

Details

First Data Deploys i-design ATM Marketing

i-design developer and supplier of ATM and self-service marketing solutions for the banking industry has signed a major contract with FDR Limited, a branch of First Data Corporation electronic commerce and payment processing, offering its “joono” marketing software solution. The joono software enables banks to deliver targeted product marketing to their customers while providing enhanced multi-media capabilities and the potential for third party advertising campaigns using atmAd, i-design’s media sales and campaign operations services. i-design will also be providing a fully managed end-to- end campaign activity service.

Details

First Data Launches OfferWise Solution for Merchants

First Data Corporation electronic commerce and payment processing announced the extension of the First Data “OfferWise” solution to all offer publishers and the first wave of First Data’s network of more than four million U.S. merchant locations. Over 500,000 merchant locations are now enabled to leverage the OfferWise solution for customized offers programs and other electronic incentive solutions, with more than 100 publishers using the platform to develop innovative, card-linked services. This same group of First Data merchants generated tens of billions of dollars in transaction volume at the POS both online and in-store in 2011. The open platform simplifies the offer redemption process and creation of card-linked services for consumers and merchants. It allows offer publishers or application developers to electronically attach offers such as deals, eCoupons and loyalty programs to one or more of a consumer’s payment cards or mobile wallet to enable streamlined and automatic redemption of the offer at the point of sale.

Details