Bank of America Names Maine State President

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bank of America Enterprise Marketing and Market President Executive Meredith Verdone announced today that Bill Williamson has been named Maine state president. A native who has called Maine home for most of his life, Williamson has been with the company since joining a predecessor institution in 1981. As state president, Williamson…

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VantageScore and Consumer Federation Release Survey of Consumer Knowledge on Credit Scores

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] VantageScore Solutions, the company behind the VantageScore® credit scoring model, and the Consumer Federation of America (CFA), a nonprofit association of nearly 300 consumer groups that was founded in 1968 to advance the consumer interest through research, advocacy, and education, announced today the results of a second-annual survey that measured consumer…

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Arise Achieves 8th Year of PCI Certification, Compliance

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Arise Virtual Solutions Inc., the leading global provider of virtual business process outsourcing (BPO) solutions, today announced it received the highest standard and compliance for processing customer transactions for the 8th year in a row. Arise is certified as a Level 1 Service Provider in the United States, Canada, the United…

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TSYS Partners Qatar National Bank, Licenses Card Managment

TSYS announced that Qatar National Bank (QNB) has signed a licensing agreement for its “PRIME 4” card and merchant management solution. QNB has deployed PRIME to manage the issuance of its expanding cards portfolio because of its market-leading flexibility, ease of use and speed-to-market capabilities, to help QNB exceed its growth targets. QNB will leverage the “PRIME 4” upgrade for multiple countries, multiple languages and multiple currencies on a multi-institutional platform to achieve its cross-border expansion policy. It offers a cost-effective single platform licensing solution for issuing and acquiring with built-in, rule-based technology to monitor and detect suspicious transactions in real time.

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Equens Implements Albron biometric, contactless payments

Albron independent caterer is deploying biometric and contactless payments in its restaurants through its partnership with Equens. The Equens “Snel en Simpel Betalen” [Quick and Easy Payments] is designed to offer speed at the cash register and payment convenience for shorter waiting times and eliminates the inconvenience of topping up and checking your balance. Guests at client restaurants can now choose whether they wish to pay biometrically (using their finger) or contactlessly (using a Near Field Communication debit card).

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RBS Deploys Clear2Pay SEPA Payment Framework

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Clear2Pay, the international technology provider of next generation payment solutions for financial institutions, clearing and settlement companies and corporates announces that Royal Bank of Scotland (RBS) has selected its Open Payment Framework (OPF) as the technology of choice to power its payments services hub for SEPA. This includes more than 18…

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Stuzza Payments Scheme Joins MyBank Pilot

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Since 2012 STUZZA provides an e-Service Scheme Operator for payment institutions which is operated by ARZ Innsbruck as technical provider. With this central Scheme Operator various e-Services can be operated and managed by using existing banking infrastructures like Online-Banking applications for e.g. e-payments. This e-Service Scheme Operator serves as central routing…

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EBA Clearing Platform Sepa-Ready

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] With the deadline for migration to SEPA only 20 months away, EBA CLEARING announced key deliverables of its project geared at readying the STEP2 platform for processing large domestic volumes in an integrated euro payments environment. The Company introduced a batch processing functionality in the STEP2 SEPA Credit Transfer (SCT) Service…

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BEFORE YOU PITCH A CARD ISSUER WITH YOUR COBRAND CARD PROPOSAL, DO THIS

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] In over 30 years in the card business, R.K. Hammer has seen and done hundreds of deals presented by retailers and other marketers wanting to get a cobranded card issued. “In our experience,” noted company founder and CEO Bob Hammer, “It is the rare proposal that comes in with a well…

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MasterCard Names Chief Payment System Integrity Officer

MasterCard Worldwide named Nancy O’Malley, Chief Payment System Integrity Officer, effective May 29, 2012. Responsible for the management of global strategies that address enterprise-wide information security, customer security and risk services, fraud investigations, and fraud management solutions, O’Malley also will join the MasterCard Operating Committee. Bringing with her more than 25 years’ experience in senior management positions at various U.S.-based financial institutions, O’Malley has extensive experience in fraud prevention and asset recovery, financial risk and loss mitigation, product development, and leadership development. She was most recently VP, Asset Recovery for Security Service Federal Credit Union.

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POS Portal Deploys Ingenico NFC- and EMV Terminals

Ingenico and POS Portal POS terminal distributor partnered to push the Ingenico “Telium” series POS products for sale and distribution to its independent sales organizations (ISOs) in the United States. The “Telium” series POS devices, designed on “Telium 2” technology architecture, are EMV compliant offering the U.S. marketplace what it needs under the fledgling EMV requirements. POS Portal will distribute Ingenico’s countertop terminals, NFC-ready mobile devices, and customer-facing terminals that are Class A certified and ready to securely accommodate all forms of payment including contactless, EMV, NFC mobile, and traditional magnetic stripe cards.

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