U.S. Bank Intros n-Store Credit Card App for iPad

U.S. Bank launched its Instant Line Access App for the iPad that makes applying for a U.S. Bank credit card easier, safer and more convenient for customers. The app is being piloted with Sport Chalet, a leading full-service specialty sporting goods retailer that partners with U.S. Bank to offer the Sport Chalet Visa Credit Card. U.S. Bank provides the iPad and the application, letting Sport Chalet customers apply for and, if approved, receive on-the-spot credit to begin making purchases and earning rewards. U.S. Bank plans to launch both its iPhone and iPad programs with other co-branded partners, as well as a U.S. Bank branded version of the iPad credit application program in select U.S. Bank branches during the second quarter of 2012.

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Ceridian Demos Fulfillment Solutions for Program Management

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] With twenty years of dedicated prepaid experience, SVS is a pioneer and leading global provider, increasing revenue each year for our clients around the world. What you may not know is that SVS provides a broad spectrum of superior card fulfillment services to optimize retailer gift card sales. The SVS proprietary…

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Chase Mortgage Originations and Customer Satisfaction Up-and-Up

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Chase moved up in both mortgage origination and customer satisfaction rankings, according to the newest data. Chase ranked Number 2 nationally by making $41.7 billion in mortgages in the fourth quarter of 2011, up 7% from the third quarter, according to Inside Mortgage Finance’s recently released rankings. For the year, Chase…

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mopay and Wargaming.net Refine Monetization

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] mopay, a global leader in innovative payment solutions for online merchants, today announced it has been selected as the alternative payment solution of choice for Wargaming.net, the leading international developer and publisher of free-to-play MMO games. Using mopay’s simple and secure mobile payment solution, consumers around the globe are now able…

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PayPal mPayment Accepted in Bars and Restaurants

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Tabbedout, the mobile payment solution that enables customers to open, view and pay their bar or restaurant tab with their phone, now offers PayPal as a payment option within the app. Instead of settling their tab with a credit card, consumers can now pay using their PayPal account at select Tabbedout…

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MoneyGram and Grupo Elektra Forge Money Transfer Partnership

MoneyGram International global money transfer company and Grupo Elektra forged multi-year money transfer agreements, adding Grupo Elektra’s more than 1,800 locations and POS to MoneyGram’s local network. MoneyGram and Grupo Elektra already offer money transfer services together in five other countries throughout Latin America. MoneyGram U.S.-to-Mexico transaction volume has witnessed nine consecutive quarters of transaction volume growth, including 15% year-over-year growth in 4Q/11.

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Visa Europe backs Mobile Money Network

The Mobile Money Network Ltd announces that Visa Europe intends to take a 15% stake in its business, which provides mobile commerce and payments services for retailers. The investment forms part of Visa Europe’s strategy to deliver increased value for consumers, retailers and financial institutions through mobile payments. Visa Europe and MMN will implement a number of m-commerce initiatives in the UK in 2012, taking MMN’s bank-grade, interoperable infrastructure for secure, fast and simple mobile shopping to the mass market. MMN’s instant mobile checkout, Simply Tap, allows customers to easily identify and purchase a product on their mobile. Simply Tap can be used wherever a shopper sees a product they want – in print, on outdoor advertising, in-store or online – allowing the user to make an easy, secure purchase, with products delivered directly to his or her home address.

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MoneyGram and India Post Expand Remittance Availability

MoneyGram International global money transfer company and India Post postal network expended on existing agreements to offer money transfer services through India Post outlets from an initial 100 locations to more than 650 locations. India Post and MoneyGram have planned joint marketing initiatives in several Indian states to support the expansion of the service. MoneyGram’s service is planned to expand to 5,000 India Post locations by 2014. The joint relationship and networks are expected to increase transactions from key remitter countries, including the United States, United Arab Emirates, the United Kingdom, Canada, Australia, and Saudi Arabia. MoneyGram also offers services through postal systems in Canada, Jamaica, Kazakhstan, Kenya, Italy, Poland, Ukraine, Moldova, and the United Kingdom.

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Discover & National Payment Forge Strategic Alliance

Discover Financial Services (DFS) and National Payments Corporation of India (NPCI) have entered a strategic alliance resulting to accept Discover cards and Diners Club International (DCI) cards at NPCI ATMs and POS terminals. It also will allow RuPay national card payment network cardholders to use the Discover, Diners Club International and PULSE networks for international purchases and cash access. POS and ATM transactions by RuPay network cardholders within India will be processed on the RuPay network. Outside of India, RuPay Global Card transactions will be processed on the Discover, Diners Club and PULSE ATM networks. The long-term agreement will result in increased transaction volume on NPCI’s ATM and on their soon-to-be implemented POS network in India, as well as increased transaction volume on the Discover, Diners Club and PULSE networks.

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Cashzone installs ATMs at Santander branches

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cashzone, the UK’s fastest growing independent ATM provider, has installed 24-hour ATMs at four new Santander branches in St Helens, Merseyside. Following the closure of Lloyd’s Halifax branches in Thatto Heath, Fingerpost, Rainford and Billinge – including the removal of all the cash machines, Cashzone was selected by Alexander House Agencies…

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First Data joins GlobalPlatform

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] GlobalPlatform, the organization which standardizes the management of applications related to secure chip technology, has announced its newest Observer Member, First Data Corporation, a global leader in electronic commerce and payment processing. 233 views 0 comments First Data’s participation in GlobalPlatform activities will enable it to contribute to the association’s market-specific…

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VeriFone Posts Net Revenue Up 50% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] VeriFone Systems secure electronic payment solutions announced financial results for the three months ended January 31, 2012, with non-GAAP net revenues of $425 million, compared to $416 million in the previous quarter and $284 million for the comparable period of fiscal 2011 (“Q1 FY11”), a 50% year-over-year increase. GAAP net revenues…

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