24/7 Card Launches Prepaid Visa® Debit + Remit Card

24/7 Card financial services company is now offering the Hispanic market the prepaid Visa debit and remittance card, designed for immigrants living in the United States. The combination of “Debit + Remit” is available through the card, offering the convenience of a prepaid debit card and the ability to send money overseas directly and securely from the card account ” 24 hours a day, 7 days a week. Meanwhile, adding cash to 24/7® Card is secure, while direct deposit and bank transfers are offered free of charge. Cash can also be loaded to 24/7® Cards at over 100,000 convenient retail locations throughout the United States, including most Walmart, 7-11, CVS, Rite-Aid, Safeway, and other locations. 24/7® Cards can also be loaded at Western Union and Moneygram locations.

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ViVOtech Wins 2012 Frost & Sullivan Product Line Strategy Award

ViVOtech NFC software and systems has been honored with the 2012 Frost & Sullivan Product Line Strategy Award in Contactless Mobile Payment for its superior product line and overall market strategy. According to the report, ViVOtech delivers “the key building blocks of the NFC ecosystem,” including smart applications for enhancing the customer experience, trusted service manager (TSM) software, interactive marketing platform and point-of-sale systems, allowing consumers to enjoy an interactive and informed shopping experience in physical stores so that they can purchase the right product at the right price, while consumers are empowered with a full control of opt-in. On the other side, ViVOtech’s solution provides a powerful and personalized marketing channel to merchants, card issuers, consumer product group (CPG) marketers and other advertisers to influence their respective customers through sending coupons, offers, and rewards to consumers based on who they are, where they are, and what their interests are when they opt-in through a simple touch of their NFC phone on touch points like at the entrance of a store for check-in or at a shelf-tag to get more information on a specific product. In result, the most relevant and contextual information and marketing messaging are provided to consumers, resulting in high traction and redemption rate for an efficient marketing channel.

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nCircle PCI Scan Service Recertified

nCircle information risk and security performance management solutions been recertified as an Approved Scan Vendor (ASV) by the PCI Security Standards Council with PCI Data Security Standard (DSS). nCircle delivers security and compliance solutions to two of the largest credit card brands driving the PCI Data Security Standard and has been a PCI ASV since 2007. The PCI Security Standards Council requires quarterly vulnerability scans and completed security self-assessment questionnaires for every merchant and service provider that accepts or stores card holder data. The nCircle Certified PCI Scan Service allows merchants to schedule an automated network scan that verifies PCI DSS compliance and provides all required executive and technical reports. The nCircle PCI Scan Service automates many steps that are manual with other services, such as determining which systems are part of the cardholder data environment, or are “in scope.

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Vizibility Introduces mBusiness Card

Vizibility online identity management platform for professionals and the enterprise announced its NFC Mobile Wallet Card as a standard feature for premium subscriptions. Vizibility helps businesses and professionals control, share and track their professional online presence on the Web or on the go. Vizibility mobile business card users can now use NFC in addition to QR codes to wirelessly exchange contact information, share hand-picked profiles, video bios and other curated online content, view connections they have in common on LinkedIn and Facebook, download vCards, and track when and where their business cards are scanned. Through Vizibility’s patented “Find Me in Google” feature, users can even pick and rank the Google search results they want to show first and find out who is Googling them. Vizibility’s mobile business card is an HTML5 Web app and “just works” in the mobile browser with most QR code scanning apps and NFC-enabled smartphones on iOS, Android, BlackBerry and Windows Mobile. Vizibility is the first company to leverage the potential of NFC for mobile personal branding.

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Vitel Wireless Introduces Virtual Debit Card Processing

Vitel Wireless (Vitel) has officially launched a virtual bank account/debit card program with its latest partnership in the Network Marketing and Direct Selling Industry. Vitel’s business owners will now be able to market and promote the advantages of their pre-paid debit card program. Vitel’s new program allows business owners to distribute and sell virtual bank accounts and earn income off of everyday usage from the card swipes that take place from account holders debit cards. This is the initial step for a full suite of virtual banking products that will allow its business owners to take advantage of an array of virtual payment services.

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Network Branded Prepaid Card Association to Attend Hearing on Prepaid Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Network Branded Prepaid Card Association (NBPCA) will attend the Consumer Financial Protection Bureau’s field hearing on prepaid cards in Durham, N.C., May 23, 2012. As the nation’s leading voice on prepaid debit cards, NBPCA will provide research and information to consumers, stakeholders and lawmakers about how prepaid cards work and…

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Discover Financial Services to Present at Deutsche Bank Conference

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mark Graf, executive vice president and chief financial officer of Discover, will present at the Deutsche Bank Global Financial Services Investor Conference in New York City on Monday, May 21, at 4:40 p.m. Eastern time. A link to the listen-only live audio webcast will be posted on the day of the…

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PaySpan Launches Portal, Reduces Administrative and Operational Costs

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] PaySpan, formerly Payformance, a leading provider of healthcare payment and reimbursement automation, announced the release of its fifth generation provider portal. The enhanced provider solution includes comprehensive electronic funds transfer, electronic remittance advice and other features that reduce administrative and operational costs. “The latest version of the PaySpan provider portal underscores…

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Bursa Malaysia Appoints Strategy Head

Bursa Malaysia Berhad has appointed Datin Azalina binti Adham as Head of Strategy and Transformation, a newly created position to oversee the Exchange’s overall business strategy and transformation initiatives with effect from 1 January 2012. Datin Azalina is a member of Bursa Malaysia’s Management Committee, which evaluates key management and operational matters. It has also appointed Encik Jamaluddin bin Nor Mohamad as Head of Islamic and Alternative Markets with effect from 14 May 2012. Encik Jamaluddin will be spearheading the expansion and development of the products and services of the Islamic and bond markets and the Labuan Financial Exchange. Azalina began her career in Bursa Malaysia in 2001 and has held senior positions in the areas of business and investor development while Encik Jamaluddin was the Chief Operating Officer of Bank Pembangunan Malaysia Berhad.

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PacNet Payment Services to Exhibit at IRCE 2012

PacNet international payment processing Services plans to exhibit at Internet Retailer Conference and Exhibition 2012 June 5 – 8 in Chicago. Providing a wide range of transaction processing services to electronic retailers and e-commerce professionals, PacNet is to offer attendees payment expert insight on questions and discuss how payment strategy can directly affect the bottom line when selling at home and abroad. International marketers can take advantage of the fact that PacNet offers cutting edge credit card processing in the national currencies of over 130 countries, local electronic payments for 58 countries (including USD ACH payments, Canadian dollar EFT payments, Pounds Sterling BACS payments, and Euro SEPA payments) and outgoing payments for 73 countries.

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e-Money Volume to Double in 2012

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Russian EMA has announced that market volume for e-money reached 125 billion roubles in 2011 and is expected to double in 2012 when Law “On National Payment System” fully comes into force. Russian Electronic Money Association announced the results of e-money industry for 2011 and Q1 2012. In 2011 customers topped…

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YourCash to Deploy 200 ATMs at National Supermarkets

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] YourCash Ltd, a leading independent European ATM deployer, has pledged to install 200 ATMs throughout Belgium, in supermarket chains, ensuring easy access to cash for Belgian consumers. YourCash recognises the importance in adding ATMs to the range of supermarket services, based on their extensive knowledge and experience in the Dutch market.…

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