MasterCard to Participate in Barclays Forum

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] On Thursday, March 29, Mung-Ki Woo, group executive, Mobile for MasterCard, will participate in the Barclays Emerging Payments Forum in New York. The presentation will begin at 9:10 a.m. Eastern Time and last for approximately 40 minutes. There will be a listen-only live webcast of the presentation, and a replay will…

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Spokane Teachers FCU Inks with Star Network PIN debit access

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Spokane Teachers Credit Union of Spokane, Wash., has joined the STAR® Network, signing a multi-year agreement under which STAR will provide PIN-secured debit point-of-sale (POS) and ATM access to STCU’s cardholders. With more than $1.6 billion in assets, STCU serves members throughout Washington, as well as Kootenai and Bonner counties in…

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Gemalto Wins Two mCommerce Awards

Gemalto digital security has won two Future Mobile Awards from Juniper Research in the Near Field Communications (NFC) and Mobile Ticketing categories respectively. The awards recognize Gemalto’s role in mobile commerce through Universal Integrated Circuit Card (UICC) deployment and Trusted Service Management (TSM) for NFC technology, as well as contactless services for mass transit. These awards were decided by industry experts based on criteria including: product range, innovation, geographic market penetration, evidence of commercial campaigns, partnerships, and potential future business.

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Bursa Malaysia extends e-Dividend facility

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bursa Malaysia published a consultation paper seeking public feedback on proposals that are aimed at promoting greater efficiency for cash payments made by issuers to their securities holders. As part of the strategic priority to propel the Exchange to be the leading marketplace in Asia, Bursa Malaysia is proposing to extend…

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After 6-Month Freefall, February Unemployment Flat

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] After a 6 month freefall from the unmemorable 9.1% the nation shook free of back in September, the February unemployment rate was unchanged from January, staying at at 8.3%. With this, the number of unemployed persons stayed at 12.8 million. Among them, long-term unemployed for 27 weeks and over remained at…

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Citi To Furnish BrandSource Credit Card

Citi forged a multi-year credit card agreement with BrandSource buying group to offer customer financing for purchases at more than 4,500 locally-owned BrandSource retailers. Citi will provide customer value propositions and fully integrated marketing programs to drive increased BrandSource sales and loyalty. The BrandSource Credit Card will provide BrandSource customers special rebates and offers, no interest financing options and a simple application process, including in-store credit approval.

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Travis Credit Union Selects Acumen from Fiserv

Fiserv financial services technology solutions announced Travis Credit Union will implement its Acumen account processing solution thanks to its flexibility and agile product development capabilities. The Fiserv implementation will include “CheckFree RXP” and “CheckFree Small Business” for electronic bills and payments, “AML Manager” for anti-money laundering detection, management and reporting, “Branch Source Capture” and “Teller Source Capture” for real-time deposits, “Prologue” for financial management and “LynxGate” for ATM management. The “CheckFree RXP” lets consumer and small business members to both receive and pay bills on the credit union’s website.

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MoneyGram Appoints New Chief Financial Officer

W. Alexander “Alex” Holmes has been named MoneyGram International executive vice president and chief financial officer. He is now responsible for oversight of all finance-related functions, close collaboration with the Company’s business unit leaders, and the continued development and expansion of MoneyGram’s involvement with the investor community. Holmes has held a variety of financial positions over an eight-year period at First Data Corporation, most recently serving as senior vice president of Global Sourcing and Strategic Initiatives. From 2002 to 2003, he managed Western Union’s Benelux region from its offices in Amsterdam. He holds a Bachelor of Science in Business Administration and Accounting and Master of Science in Information Technology, both from the University of Colorado.

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DataArt Completes mBanking Apps for Plastyc Visa

DataArt software development builds advanced solutions for select industries completed its mobile banking apps for Plastyc for “UPside” Visa cardholders. Plastyc’s mobile apps can now be downloaded from the Android Market and the Apple app store, offering affordable banking services to the up-and-coming youth and underbanked markets. The new UPside Visa mobile apps developed for Plastyc by DataArt, allow a full range of personal banking services on a smart phone, from checking balances and reviewing transaction histories to activating a new account, signing up for direct deposit, redeeming cash back points, paying bills, transferring funds to friends and issuing paper checks.

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Virtual Piggy E-Commerce Payment Available on R&R Games Website

Virtual Piggy safe online youth purchasing entered into an agreement to provide its secure e-commerce service to R&R Games and its line of award-winning quality family games. Virtual Piggy will be offered as a payment option during the checkout process on R&R Games’ website (www.rnrgames.com). If a purchase fits the criteria that a parent sets up on their child’s Virtual Piggy account, the child will be able to input their Virtual Piggy username and password to make a purchase. The child does not have to enter any personal information that would compromise the Children’s Online Privacy Protection Act (COPPA).

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TransCard Announces NFC Certification

TransCard finished its contactless NFC certification for MasterCard PayPass contactless payment transactions. Financial institutions and corporate clients working with TransCard will be able to offer contactless payment programs that are either stand-alone or connected to an existing TransCard prepaid card account. The recent announcements around NFC have validated the product in the minds of merchants and consumers.

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