mopay named Best Direct Carrier Billing Program

mopay mobile payments has won both the Judges Choice and Customer Choice Award in the “Best Direct Carrier Billing” category at the inaugural CNP Awards ceremony. The CNP Awards are presented by CardNotPresent.com, the online source of news and information for merchants and service providers operating in the world of card not present and alternative payments, in recognition of excellence achieved in the card-not-present space during the past year. mopay’s core platform enables merchants of virtual, digital and physical goods to bill charges directly to consumers’ phone accounts. Direct carrier billing creates extra value for consumers who don’t have a credit card but still want to make an online purchase or who don’t want to enter credit card and address details online.

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NPC Inks Partnership with Strategic Payment Systems

NPC, a Vantiv subsidiary has signed a new long term preferred provider ISO contract with Strategic Payment Systems (SPS) for the provision of debit and credit card processing services to merchants. NPC additionally arranged long term financing for SPS. Strategic Payment Systems provides support to ISOs of all sizes with innovative products and new marketing approaches while its leadership team expanded its relationship with NPC to position itself for growth and innovation in the payments industry. SPS recognizes the value of the capabilities and expertise that NPC brings to meeting the unique capital and payment processing needs of experienced ISOs and sales agents.

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Pawtucket Credit Union Deploys Q2ebanking eBanking

Q2ebanking (Q2) electronic banking solutions for credit unions and banks announced Rhode Island-based Pawtucket Credit Union implemented its secure suite of electronic banking solutions to improve the level of service it provides retail and business members. Pawtucket Credit Union selected Q2ebanking for the breadth of its innovative features, solution flexibility and the security of its multichannel platform. Q2ebanking’s native, out-of-band multi-factor authentication (MFA) and transaction authorization provide perimeter and transaction level security that is only made stronger by Q2’s Risk and Fraud Analytics (RFA) solution, which alerts the credit union about potentially fraudulent behavior in real time. The credit union will also implement bill pay solutions from iPay Technologies, with Consumer Online Bill Pay Platform, with integrated person-to-person (P2P) payments, expedited payments and end user support, along with Biz 2.0, a leading small business payments product with a full suite of electronic transaction services that are essential to small businesses’ day-to-day operations.

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Zynga Competes with PayPal on Prepaid Market

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Zynga, the San Francisco social games publisher, has reached a partnership agreement with American Express to issue a prepaid debit card that could be used to redeem virtual credits, the two companies said. The partnership will help increase use of American Express’ digital payments platform Serve as the credit card issuer…

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Estimates of $100B in Missed Sales to Cash-Only Businesses

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] For Main Street America, the secret to success is in the cards – credit cards, that is. According to a recent Intuit Inc. (Nasdaq: INTU) GoPayment survey, 55 percent of the nation’s 27 million small businesses do not accept credit cards. Those nearly 15 million U.S. small businesses potentially miss out…

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Chrome River Automates Expense Payment Processing

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Chrome River Technologies, a leading provider of expense management software and automated invoice processing, announced today the availability of Chrome River DIRECT PAY, a service that automates and speeds the payment process for corporate credit card accounts and employee expense reimbursements. The secure DIRECT PAY service debits an organization’s bank account…

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Cybera Research Highlights Security and Compliance for Multi-Site Retail

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cybera cloud-based security services, announced a new research paper that details the security and PCI compliance challenges for multi-site retailers. The report from industry analyst firm Aberdeen Group indicates that simplifying security through integrated solutions that combine multiple products and services can help retailers effectively address IT security to achieve and…

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San Antonio Federal Credit Union Adopts WRG and Vertifi mBanking

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wescom Resources Group (WRG), a provider of software and technology service solutions for credit unions, and Vertifi Software, LLC (Vertifi), a WRG eco-system partner, announced that SACU, (San Antonio Federal Credit Union – $2.96 Billion assets, 255,511 members) has deployed WRG’s MemberEdge Mobile Banking solution, which went live to members May…

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USA Technologies Sends Letter to Shareholder

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] USA Technologies, a leader of wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries, has issued the following letter to shareholders in advance of the company’s upcoming annual meeting: Dear Fellow USA Technologies Shareholder: Over the past six months, your Board of Directors and management team have taken…

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Financial Fraud On Rise at Cardholders’ Hand

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] How people choose their ATM and debit card personal identification numbers (PINs) could predict how easily their accounts may be struck by fraud, according to a recent security study. That’s one reason why PULSE, one of the nation’s leading debit/ATM networks, recognizes ATM & Debit Card Safety Awareness Month each June.…

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Raiffeisen Deploys Gemalto Online Banking Security

Raiffeisen Banking Group financial institution has implemented the Gemalto “Ezio Edge Optic” solution to secure its online banking services. The “Ezio Edge” Optic leverages the security of CardTAN-compliant debit cards to authenticate users and authorize and sign online banking transactions. The handheld device features optical sensors to detect the online banking transaction data entered and sent from the PC screen. Raiffeisen’s online customers can now place the “Ezio Edge” in front of their PC screen and the securely encoded transaction data needed for verification by the user and signature generation are instantly read.

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As Unemployment Improves, Bankruptcies Plummet

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] As the unemployment rate gave ground in April, dropping from the March figure of 8.2% to 8.1%, total bankruptcy filings were down 16% to 108,860 filings. Unemployment saw slow and steady improvement from March when unemployment fell from 8.3% in February as bankruptcy filings were down 11% from March figures of…

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