Prima Payments & Phoenix Managed Networks Forge Reseller Agreements

Phoenix Managed Networks payments communications, gateway and payment support services forged a multi-year reseller agreement with Prima Payments Canada. With this, Prima Payments will distribute Phoenix’s PaySecure payment security and compliance solution to Canadian ISOs that serve SMEs such as restaurants and convenience store franchises. PaySecure was developed to help merchants achieve and maintain compliance with PCI DSS and offers consolidated payments authorization.

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ValidSoft & Spindle Ink mSecurity Partnership

ValidSoft advanced telecommunications-based fraud prevention, authentication and transaction verification solutions partnered Spindle innovative m-commerce and alternative payment solutions for merchants and consumers. With this, ValidSoft will provide Spindle custom-built, advanced multi-layered, multi-factor authentication and transaction verification technologies: SMART (Secure Mobile Architecture for Real-time Transactions), which will be integrated into Spindle’s RhinoVerify security solution. Spindle specializes in frictionless finance and alternative and mobile commerce payment platforms for merchants and consumers. The Spindle portfolio includes “RhinoPay,” a simple, mobile, secure payment solution which enables person-to-person, person-to-business, business-to-person, and business-to-business payments. It is accessible universally through any networked or mobile device and delivers superior flexibility by enabling payments through credit and debit cards, check, closed loop, and ACH transfers.

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Card APRs See Mild Improvement

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Credit card APRs have leveled off from previous months and are currently taking a bit of a dip, currently down from 14.92% from 14.91% at the end of April. Peaking at well over 15% following the holiday shopping season, credit card interest rates plummeted briefly to 14.85% around the beginning of…

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Cardlytics Leverages Transaction-Driven Marketing for Credit Card Portfolios

Cardlytics transaction-driven marketing launched its “Cardlytics for Credit” suite of technology and services for financial institutions. Leveraging transaction marketing to strengthen relationships with their credit card customers, “Cardlytics for Credit” leverages Cardlytics’ marketing channels to fundamentally improve the performance of the credit portfolio far more efficiently than current marketing channels. Specific programs are available to expand card usage to new verticals, drive usage of inactive cards and increase card spend.

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TSYS Announces Agenda for Connected Mobility

TSYS announced its agenda for connected mobility to support commerce for consumers used to navigating their daily lives with smart phones, tablets, game systems, electronic readers and computers, letting them connect and communicate in real time through a variety of devices that support mobility, business applications and commerce. In doing so, the agenda will offer technology, including API interfaces and consumer-facing applications, to support any mobile network operator, manufacturer, wallet provider, applications provider or payments network.The payments theme includes NFC and cloud-based products with both payment and acceptance capabilities; the communications theme includes consumer-directed alerts, transactions and notification preference products; and the commerce theme will include wallets, offers and financial management tools. TSYS solutions address multiple customer segments across multiple generations, including businesses and the underbanked. TSYS’ updated systems have been integrated to support the connectivity, flexibility and expandability required to support the 24 billion connected devices expected in 2020, up from nine billion.

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Chase Freedom Research Shows Increased Consumer Spending on Leisure

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Chase Freedom Lifestyle Index, a barometer of consumer trends related to simple pleasures and special occasions based on aggregated its cardmember spending data show increased spending on leisure activities, including movies and recreational facilities like ski slopes and golf courses, in 2012. Namely, spending at movie theaters was up 24%…

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moShare Facsilitates mContent Sharing Through WordPress Plugin

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] moShare, the world’s first web-to-mobile sharing service, announced the availability of the moShare WordPress plugin, that allows the free and easy integration of moShare’s mobile content sharing functionality to any website built using WordPress. moShare is the quickest way for users to share any content (e.g., news, videos and photos) from…

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Paymetric Deploys mPayment Platform

Paymetric integrated and secure enterprise payment acceptance solutions partnered Velocitor Solutions software solutions firm specializing in mobile and wireless applications to offer merchants with mobile sales forces, a solution to secure payment transactions from their mobile devices. This leverages Paymetric’s Data Intercept technology to tokenize payment card data that is captured by field sales representatives using Velocitor’s V.Mobile solution. V.Mobile enables Field Service companies to maximize revenue, create a more efficient way to deploy their service force, and lower operating costs. The application resides on a mobile device and features mobile dispatch, DOT compliant vehicle inspection and mileage reporting, real-time inventory management, turn-by-turn directions, Automatic Vehicle Location (AVL), service history, scheduling and payment processing.

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Trusteer Appoints Security Strategist

Trusteer cybercrime prevention solutions appointed George Tubin senior security strategist for the company. To spearhead Trusteer’s thought leadership and market education initiatives relative to online and mobile banking security, he will also focus on programs that inform enterprises on how they can use lessons learned from fighting financial malware to better protect corporate assets from targeted attacks. Mr. Tubin is a recognized expert in online and mobile banking, online fraud and identity theft prevention, and enterprise fraud management strategies. Prior to TowerGroup, Mr. Tubin was a senior consultant with ADS Financial Services Solutions, providing IT strategy consulting to top-tier US banks. He has held senior ecommerce and service delivery positions with BayBank, BankBoston, and Fleet (now Bank of America). Mr. Tubin has chaired and presented at major industry conferences. He holds an MBA from Babson College and holds a Bachelor of Science degree from the University of Massachusetts, Amherst.

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Virtual Piggy Adds Family-Friendly Merchants to Partner List

Virtual Piggy added family friendly merchants to their growing network of businesses that sell sporting goods, activities, toys and games for the U18 market online. With an acceleration of retailers signing up over the last three weeks, Virtual Piggy is in the process of integrating more than 30 new merchants to the Virtual Piggy ecosystem. New merchants include LA-based fun and innovative snowboarding company Dual Snowboards; Wild Creations, a fast growing toy company from South Carolina with many environmentally focused products including the award-winning EcoAquarium™ Flipoutz, the brainchild of three sibling tweens, is a real world social game that allows children to collect and trade coins held by colorful bracelets; California Creations, the fastest growing collectable plastic wind-up toy company in the world, popular with adults and children of all ages,

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Micropayments on the rise with Facebook, Vodafone and Zynga

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Research and Markets (http://www.researchandmarkets.com/research/x8wcwh/making_money_from) has announced the addition of the “Making Money from Micropayments” report to their offering. Micropayments are transactions with a low value, but the exact definition depends on the business case and the target group. This report considers low value payments to be transactions below €5/$6.50/£4, based on…

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Bill.com Integrates NetSuite Cloud-Based Financial Management

Bill.com bill payment, online invoicing and cash flow management solutions for businesses, integrated with NetSuite’s cloud computing platform. Bill.com’s award-winning Cash Flow Command and Control™ System provides NetSuite’s users with a new and easy way to automate their bill pay and workflow online. The ability to pay bills, eliminate redundant data entry, collaborate with vendors, simplify paper management and sync the entire bill payment process with NetSuite enables them to save time and get back to what matters most – their business, not their bills. This reduces wait times, eliminates manual check printing and mailing and allows payment to anyone electronically.

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