Valero Energy Implements Cash Management from Fiserv

Fiserv announced that Valero Retail Holdings deployed its “CorPoint: Deposit Manager” cash management solution for use in the company’s North American retail stores. This allows Valero to deploy an armored-carrier agnostic remote cash capture solution and select smart-safe hardware devices that best meet the needs of its retail stores. The “CorPoint” platform will provide Valero near real-time information delivered from smart safes in Valero retail stores to the company’s central site to ensure consistent accounting and bank reconciliation procedures are maintained.

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NetSpend and Family Dollar Announce Prepaid Visa Debit Card Agreement

NetSpend Holdings forged distribution agreements to sell the NetSpend Visa Prepaid Debit Card at Family Dollar Stores locations nationwide. Family Dollar and NetSpend plan to make the prepaid cards available in more than 7,200 locations beginning in May. NetSpend is a leading provider of general-purpose reloadable (GPR) prepaid debit cards and related financial services to the estimated 60 million underbanked consumers in the United States who do not have a traditional bank account or who rely on alternative financial services.

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CashStar Announces Mother’s Day Personalized eGift Cards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mother’s Day is now only second to Christmas as the largest eGift holiday, reports CashStar, the digital gifting and incentives company. Responding to consumer demand, a number of retailers are currently offering promotions for Mother’s Day eGift Cards. According to a recent survey conducted by CashStar, almost as many mothers indicated…

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Chase Sapphire Announces 8 Great Plates Competition Challenges

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Diners can now vote with their palates and raise funds for charity in the new 8 Great PlatesSM restaurant competition to determine the most-loved international cuisine in ten U.S. cities. Chase Card Services, a division of JPMorgan Chase & Co. [NYSE: JPM], announced today the start of public voting for consumers’…

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Heartland to Present at J.P. Morgan Global Tech Conference

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Heartland Payment Systems, one of the nation’s largest payments processors, announced that Robert Baldwin, President, and Maria Rueda, Chief Financial Officer, will be participating in the J.P. Morgan 40th Annual Global Technology, Media and Telecom Conference. The conference will be held at the Westin Boston Waterfront Hotel, in Boston, Massachusetts with…

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Alfa-Bank Launches Compass Plus Processing Center

Compass Plus retail banking software and electronic payments systems announced Alfa-Bank has launched its processing center into commercial operation based on the TranzWare product suite from Compass Plus. The in-house processing center lets Alfa-Bank develop its retail banking business, including payment cards. The project implemented TranzWare CMS, TranzWare Online, TranzWare Card Factory, TranzWare Messaging Gate, which provide the full functionality of the processing center.

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NYSE Amex to be renamed NYSE MKT LLC

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NYSE Euronext announced that NYSE Amex LLC, the self regulatory organization, will be renamed NYSE MKT LLC effective May 14, 2012, subject to SEC filing. NYSE MKT is the premier U.S. equities market for listing and trading of small growth companies. NYSE MKT’s associated options market will continue to do business…

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DirectCash Payments Posts Solid 1Q/12

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] DirectCash Payments announced consolidated financial results for the three months ended March 31, 2012. DCPayments’s consolidated financial statements for the three months ended March 31, 2012 and Management’s Discussion & Analysis, as well as additional information about the Corporation are available on SEDAR (www.sedar.com). Financial and Operational Highlights: — Canadian business…

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April Bankruptcies Down 16% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total bankruptcy filings were down 16% in April, totaling 108,860 filings. This is down 11% from March figures of 122,155 total filings- which were up 17% from the 104,418 filings in February 2012- and year ago figures of 129,815. In all, consumer bankruptcy filings fell 16% to 103,733 while commercial filings…

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Online Resources Appoints EVP

Greg Haney has been appointed Executive VP, Operations with Online Resources digital financial services. He will oversee Electronic Bill Presentment and Payment (EBPP) business. Bringing to the role over 20 years’ experience, Greg was most recently senior VP, Operations of Biller Services for Fiserv, overseeing daily operations and played a major role in developing strategic relationships with Visa, MasterCard, Discover and others. Haney was also instrumental in creating the business model which allowed BillMatrix (now part of Fiserv) to provide electronic payment services to clients within the boundaries of ACH and card association compliance. He was also a financial services consultant for electronic payments and interchange management to merchants, payment processors and card-issuing clients to improve their overall operations.

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Chase to Intro New Reloadable Card

Chase is launching its “Chase Liquid” reloadable card. designed to give customers control and flexibility with the convenience of Chase’s extensive branch and ATM network, “Chase Liquid” will kickoff this summer. Charging a flat monthly fee of $4.95 with no fee for making withdrawals and deposits at Chase ATMs and branches, the “Chase Liquid” solution lets cardholders refill their card with cash or checks at Chase’s 10,500 DepositFriendly℠ ATMs and 5,500 branches nationwide; withdraw cash at Chase’s 17,500 ATMs and 5,500 branches nationwide; sign up for direct deposit – paychecks or government benefits such as Social Security; receive online or paper statements; and charges no overdraft fees, though it does require an initial deposit of $25.

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ControlScan Acquires CRE Secure

ControlScan has acquired Atlanta-based CRE Secure cloud-based secure payment solution for undisclosed financial terms. CRE Secure provides a hosted payment page that utilizes patent-pending HTML cloning technology to deliver a more consistent experience for the online consumer as well as a secure, PCI-compliant ecommerce solution for the merchant. CRE Secure’s technology and existing partnerships with payments industry leaders complement ControlScan’s PCI compliance and security solutions. The CRE Secure solution offers ecommerce merchants, and the acquirers who serve them, a way to significantly reduce PCI scope, making the compliance process simpler and more affordable.

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