Erply integrates PayPal mPayments

Erply cloud-based POS software forged its strategic integration with PayPal to provide businesses a new way to accept mobile payments and manage business operations. Consumers can simply “check-in” on their smart phone to their favorite stores and pay with PayPal. Retailers can accept payments from a consumer’s mobile device and bridge the gap between the physical and online worlds, by allowing retailers to get more insight into their customers to deliver more personalized shopping experiences to help drive traffic to their stores through PayPal’s popular mobile application. The ERPLY solution is unique in that it deploys a multi-platform from iPad and/or the web to its proclaimed Windows client which allowing retailers to run sales both online and offline while social media services are also integrated.

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BluePay Launches Remote Credit Card Processing

BluePay all-in-one credit card processor and online payment gateway provider made available processing for small business solutions with virtual terminals, mobile credit card processing and wireless options. BluePay’s virtual terminal targets merchants working from home, or for those accepting primarily Mail Order Telephone Order (MOTO) payments, because they allow merchants to manually enter credit card sales from any computer with an Internet connection. Mobile and wireless processing options let small business merchants accept credit card payments anywhere; mobile options accept payments from merchants’ cell phones, while wireless terminals are compact and portable.

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Mac Platform Available for Wells Fargo RDC Through Panini

Wells Fargo now supports Macs for remote deposit capture through Panini scanners with iMac, MacBook Pro, MacBook Air, Mac mini, and Mac Pro computers. The CEO Desktop Deposit service, a proprietary Web-based remote deposit service which does not require a software download, is ideal for businesses that receive most of their payments by check, because it allows them to make deposits from any business location at any time, whether or not a physical bank location is close by. Enrollment and items deposited have soared by double-digit percentages each year since, and Wells Fargo ranks No. 1 in remote capture volume and locations for 2011.

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Bank of America to Sell Remaining Interest in Archstone

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bank of America announced that it and Barclays Bank PLC have entered into an agreement with Equity Residential and Lehman Brothers Holdings Inc. pursuant to which Bank of America and Barclays will sell their remaining 26.5 percent interest in Archstone, a privately-held owner, operator and developer of multifamily apartment properties, for…

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Lehman Brothers to Acquire Remaining Stake in Archstone

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Lehman Brothers Holdings Inc. announced today that it has exercised its right of first offer to purchase the remaining stake in Archstone held by affiliates of Bank of America and Barclays Capital (“the Banks”), which will give Lehman full ownership of Archstone. This transaction follows Lehman’s purchase in January 2012 of…

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Protegrity Deploys Vaultless Tokenization for Payments Industry

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Protegrity, a leading provider of end-to-end data security solutions, announced Protegrity Vaultless Tokenization for the Payments Industry, the first and only offering that enables processors and gateways to cost-effectively provide tokenization services across their entire client base. Protegrity now supports the largest companies in the payments industry with a lightweight tokenization…

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Alibaba.com Shareholders Approve Privatization

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Alibaba Group Holding Limited (“Alibaba Group”) and Alibaba.com Limited (HKSE: 1688; 1688.HK “Alibaba.com”) jointly announced that the proposal for the privatization of Alibaba.com by way of a scheme of arrangement (“Scheme”) has been approved by a sufficient majority of the independent shareholders of Alibaba.com at the Court Meeting today. Approximately 95…

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Cashplus Awarded at Card and Payments Trailblazer Awards

The Cashplus Prepaid Card Account, offered by Advanced Payment Solutions (APS), has won ‘Best New Prepaid Product’ at the Card and Payments Trailblazer Awards 2012 as a ‘major innovation.’ Awarded by Cards and Payments Europe, in association with Cards International and Electronic Payments International, are for banks, retailers, vendors and technology providers from the whole of Europe. Cashplus beat competition from Citi, PayPal and Royal Sun Alliance. The solution addresses high penalties when Direct Debits are refused by other banks; the difficulty in managing and controlling staff expenses; and mall businesses difficult opening bank accounts without credit history.

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Fundtech and HDFC Bank Win Asian Banker Award

Fundtech global transaction banking solutions announced its “Global CASHplus” won The Asian Banker’s award for Best Corporate Payments Implementation Project. The solution provides a real-time web services-based channel, which enables the bank’s partners to aggregate remittance transactions and send them to HDFC Bank in a secure environment. The Global CASHplus provides a high degree of automation replacing many time-consuming manual processes, automated transaction initiation, automated acknowledgement, rejections where necessary and online transaction status. It provides cash management, financial supply chain and trade, and remittances solution. The platform offers an integrated suite of features with rich functionality and scalability that is deployed on a modular basis.

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Card Chargeoffs & Delinquencies Drop like a Rock

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Despite all the dismal data on consumer behavior lately, U.S. credit card ABS performance saw positive gains in May as late stage delinquencies reached six-year lows to only 2.14%, a nine basis point (bp) improvement for a 27% improvement from the year ago period. Delinquencies more than 30 days past due…

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U.S. Bank Launches Cobranded Card App

U.S. Bank has introduced an app for Android allowing retail partner customers to apply for a credit card while they are shopping, which they can use for purchases before they leave the store. U.S. Bank plans to continue to roll out the U.S. Bank Card App for Android and iPhone to other cobranded partners in 2012. The Android version of the REI app, called the “REI Visa App,” is free and available from REI’s website and at Google Play. The app allows consumers to easily apply for a U.S. Bank REI cobranded credit card and access a secure, virtual credit card via their mobile phone.

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