Barclaycard US Introduces Online Crowdsourced Credit Card

Barclaycard US launched its “Barclaycard Ring” MasterCard card social credit card to be designed and built through the power of community crowdsourcing. The new card offers a low interest rate, low fees, simple terms and the opportunity for cardmembers to shape and share in the product’s financial success. The “Barclaycard Ring” MasterCard social credit card is designed and built through the power of community crowdsourcing. The Barclaycard Ring MasterCard card will have one, low interest rate of 8 percent for all balances, no balance transfer fee, no annual fees and simple, easy-to-understand terms. Through a virtual cardmember community, cardmembers will have visibility into the card’s financial profit and loss statements.

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Virtual Piggy Appoints Cultural Advisor to Board

Virtual Piggy online youth purchasing appointed Martha McGeary Snider as Chair of the Board of Advisors and a member of the Board of Directors. She will actively recruit industry and policy experts to the Advisory Board. Additionally she will assist Virtual Piggy CEO Dr. Jo Webber with strategic marketing. She also served as Advisor on Arts and Culture to the Commonwealth of Pennsylvania from 2002 to 2010 and raised over $100 million dollars in public and private funding in a volunteer capacity. In 2008, President George W. Bush presented her with The Presidents Volunteer Service Award.

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VeriFone to Enable Isis POS NFC mCommerce

VeriFone Systems announced an agreement with Isis, the joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless, to integrate the Isis Mobile Commerce Application in current and future NFC-enabled product lines. The companies have also agreed that their sales, marketing and implementation teams will collaborate to target large retail and petroleum/convenience merchants in previously announced Isis launch markets of Salt Lake City and Austin. VeriFone’s leading market share of U.S. retailers, NFC-ready product portfolio and “payment-as-a-service” delivery model will help accelerate the wide scale introduction and the adoption of mobile commerce.

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Digimarc Adds Barcode Reading to Digimarc Discover mPlatform

Digimarc Corporation further enhanced its Digimarc Discover mobile “seeing/hearing” application to include support for reading of barcodes used in consumer packaging (UPC and EAN) and books (ISBN). The latest version of the platform’s free downloadable mobile application demonstrates the company’s ongoing progress to enable smartphones to efficiently and reliably “see and hear” through the use of multiple content identification technologies. The Digimarc Discover mobile application allows consumers to automatically access online content and services from printed materials and music through simple selection of “look” or “listen” options within the application.

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Core Innovation Capital Launches Underbanked Innovators Challenge

Core Innovation Capital (Core) announced the launch of the second annual “Core Underbanked Innovators Challenge,” seeking nominations for the best new product or service for the financial underserved in America. The four best nominations will be invited to demonstrate their products and answer audience questions on the main stage at the Center for Financial Services Innovation’s (CFSI) 7th Annual Underbanked Financial Services Forum on June 15th, 2012, in San Francisco, CA. Core’s Managing Partners Arjan Schütte and Mike Harris will moderate and provide perspectives on underbanked innovation trends. The Underbanked Financial Services Forum is the nation’s premier event on the underbanked, drawing executives and entrepreneurs from across the financial services landscape.

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FIS Announces Private Offering of $500mm of Senior Notes

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced that it plans to offer $500 million of aggregate principal amount senior notes due 2022 (the “Notes”) in a private placement to eligible purchasers, subject to market conditions. FIS intends to use the net proceeds of the…

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FIS Announces Pricing of $700 Million of Senior Notes

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] FIS, the world’s largest provider of banking and payments technology, today announced that it has agreed to sell $700 million of 5.0% senior notes due 2022 (the “Notes”). The Notes will be guaranteed by certain subsidiaries of FIS. The offering of the Notes is expected to close on March 19, 2012.…

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CHARGE Anywhere to Deliver mPayment on First Data Platform

CHARGE Anywhere mobile payment applications and payment gateway solutions completed its “ComsGate Payment Gateway” certification to the First Data South Processing Platform for South America, Central America, Caribbean and Mexico. CHARGE Anywhere’s certification to the First Data South Platform extends their reach into Latin America, Caribbean and Mexico markets. This certification will provide these regions with CHARGE Anywhere’s extensive suite of PCI PA DSS payment applications for smartphones, tablets, POS terminals and e-commerce solutions, as well as their PCI DSS Level 1 validated Payment Gateway.

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“HIRING SALES SUPER STARS” – A Sales Aptitude Appraisal System

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Nothing is more basic to American banking and credit card divisions than to get the process right for hiring sales staff, high-performing sales staff, those who have the potential to become sales super stars for the organization. Having a proven quantitative method of separating those who have the key traits and…

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MasterCard and Vincento Reinforce Partnership

MasterCard and Vincento Payment Solutions extended their five-year strategic partnership agreement and will continue collaboration to bring innovative prepaid solutions. The deal will enable all new cardholders to benefit from MasterCard PayPass ‘Tap & Go’ technology on their Kalixa prepaid cards. This after the partnership enlisted LAKS to launch ” Watch2pay” prepaid contactless wristwatch, which enables consumers to make fast, secure payments for up to GBP15 within seconds with a simple tap of their wrist.

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Western Union Partners Mercer Outsourcing

Western Union Business Solutions partnered Mercer Outsourcing pension administrator, to handle payments to retirees living in 80 countries. Mercer Outsourcing will now pay their overseas pensioners through Western Union Business Solutions, allowing retirees who receive pension payments through Mercer directly into a bank account in more than 44 currencies or direct payments, typically within 2 days. Western Union Business Solutions enables companies of all sizes to send and receive cross-border payments and manage foreign exchange, creating unique solutions tailored to suit their FX needs.

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Payfone Recruits Top Management Team

Payfone remote payment processing service backed by American Express, Verizon and Roger Communications appointed four payment industry executives to its management team for on-going growth and expertise in remote payments. They include Prakash Hariramani as Vice President, Head of Product; William Murray VP, Financial Institution Sales; Scott Shepherd VP, Mobile Operator Management; and Amy Masters, Director of Marketing. Prior to joining Payfone, Hariramani was a Senior Business Leader and Head of Emerging Consumer Products at Visa. Murray comes to Payfone with 16 years of credit card experience at MasterCard Worldwide, where he was most recently responsible for initiating MasterCard’s merchant-focused eCommerce strategy. Shepard previously led Verizon Wireless product strategy and management for mobile commerce including mobile operator billing and mobile banking. Masters is responsible for the company’s marketing strategies, channel marketing, market research, public relations, and communications and was most recently VP, Marketing at American Express.

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