TIO Launches First Mobile App to Pay Multiple Bills

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] TIO Networks, North America’s expedited bill payment company, announced the launch of TIO MobilePay, the first mobile app that allows Americans to pay multiple bills via VISA or MasterCard branded payment cards in real time. iPhone, iPad and Android users can choose to pay more than 6,000 billers via, credit or…

Details

PayAnywhere and Origami Owl Partner

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] PayAnywhere (www.payanywhere.com), a leader in mobile point-of-sale solutions, announced that it has teamed up with Origami Owl (www.origamiowl.com), a social-selling jewelry business, to bring the ease of mobile credit card processing to independent Origami Owl Designers nationwide. With the ability to set up customized inventory and track transaction analytics, PayAnywhere’s free…

Details

Discover Launches Home Loans Business

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Discover begins originating mortgages with its launch of Discover Home Loans, a new source for consumers seeking prime variable- and fixed-rate conventional and FHA loans from a trusted name in the financial services industry. The launch marks Discover’s entry into the mortgage origination business with a product to complement the company’s…

Details

LightSpeed mPOS Raises $30mm investment

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] LightSpeed, a leading software company that helps retailers revolutionize in-store shopping, announced today the closing of a US $30 million Series A investment from Accel Partners. The funding represents the first institutional investment in the Company’s history and will be used to further bolster LightSpeed’s rapidly growing team, enhance its product…

Details

Euronet Pakistan First Third Party Processor For MasterCard

Euronet Pakistan, a subsidiary of Euronet Worldwide, announced its registration with MasterCard as the first third party processor in Pakistan for debit, credit and e-commerce transactions. Euronet continues to advance payment processing in Pakistan and surrounding countries, by providing convenient and secure financial solutions to the banking sector. MasterCard is a leader of the world’s payments industry, drawing upon a remarkable heritage of success and innovation with its network in more than 210 countries around the globe. The MasterCard registration reflects Euronet’s commitment to deliver comprehensive payment and transaction processing solutions through its expanding gateway services. This new partnership allows Euronet Pakistan to provide switching of bank card transactions between MasterCard and the bank host, preparation of files for electronic posting to the bank host, processing of chargebacks and settlement files.

Details

Bankruptcy Filings Drop 11% Y/Y, Up 0.4% M/M

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total bankruptcy filings were down by 11% in May to 109,392 from the 122,836 filings registered in the year ago period. Personal filings, however, were up 0.4% from the the April total of 103,738 to 108,908 while commercial filings were up by 2% to 5,170 in May. The average nationwide per…

Details

First Data Reports Steady Same Store Transaction Growth Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] First Data released its First Data “SpendTrend” analysis for the full month of May 2012 compared to May 2011. This tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations. May’s same-store dollar volume growth increased 7.0% year-over-year, up from April’s growth of…

Details

NCR Deploys Wireless ATM Withdrawals in under 10 Seconds

NCR launched its “NCR Mobile Cash Withdrawal” software to allow consumers to initiate cash withdrawals from their banking accounts on mobile devices and then complete those transactions at an ATM by scanning a 2D barcode. This makes ATM transactions faster and more secure by removing cards and PINs from the process at the ATM and takes less than 10 seconds. Consumers will authenticate through their existing mobile banking application and pre-stage the transaction via an embedded NCR Mobile Cash Withdrawal function. Consumers can use any iOS or Android smart phone at any location and at any time – whether at work, on the metro or while in line at the ATM – and then choose the amount of their transaction. Once at their bank’s ATM, the consumer will use the embedded functionality to scan the 2D barcode on any participating ATM’s home screen, and the pre-staged cash transaction will be authorized and funds dispensed. (View a demo of the solution on NCR.com.)

Details

American Express Announces 2012 U.S. Open Promo

American Express announced a series of offerings for both golf fans and American Express Cardmembers to enhance the 2012 U.S. Open Championship experience at The Olympic Club in San Francisco, Calif., including the release of its updated Course Curator digital concierge, the first-ever Golf Fitness Studio and the fan-favorite American Express CourseCast Radio. Located near the main entrance to the course, the American Express Championship Experience provides an extraordinary, interactive space for fans to learn more about the game of golf and the latest Championship news, improve their golf game, and enhance their experience while out on the course, including: Presented exclusively by American Express, golf fans on and off the course can follow all of the U.S. Open action on the ESPN Radio broadcast available on ESPNRadio.com, the official iPhone Application of the U.S. Open and through CourseCast Radio earpieces. Radios will be available Thursday through Sunday. Fans can also tweet questions using #AskAmexGolf for a chance to have their question answered live, on-air by one of the ESPN golf commentators.

Details

USA Technologies Issues Letter to Shareholders

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] USA Technologies wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries, issued the following letter to shareholders: Dear Fellow USA Technologies Shareholder: We are writing to you today to set the record straight. We know that you have received many verbal and written communications from us as well…

Details

Merchant Warehouse Enhances Payment Processing Solutions

Merchant Warehouse payment solutions enhanced its payments platform, providing enhanced payment processing solutions for POS developers and value added resellers (VARs) for petroleum merchants. Merchant Warehouse’s solutions have been available to partners for petroleum merchants for several years, but with recent significant platform enhancements, partners will recognize several key benefits including a simplified integration and expedited account boarding.

Details

Toyota Park Installs the MICROS 9700 HMS Integrated POS

MICROS Systems has won the contract with the Village of Bridgeview and Toyota Park to integrate its MICROS POS solution for fans of the Chicago Fire Soccer Club. Toyota Park is a Chicago-based stadium which hosts a wide array of sporting and entertainment events for the area. The solution includes MICROS 9700 Hospitality Management System (HMS) with 92 Keyboard Workstation 270 (KW270) POS terminals for concession operations, 5 Workstation 5A (WS5A) touchscreen terminals for premium operations, and the MICROS Perpetual Inventory and Event Management Solution for increased control of operations.

Details