WorldPay UnionPay Online Acquirer Bridges Consumer Gap

WorldPay payment processing and China UnionPay card issuer partnered, making WorldPay an acquirer for eCommerce UnionPay transactions. WorldPay will be the first UnionPay Online Payment acquirer allowing merchants to sell directly to consumers in China, as well as UnionPay cardholders outside of China. China UnionPay has grown at an extraordinary rate and now rivals some of the world’s largest card issuers. According to an investigation by A.C. Nelson, an international authoritative investigation institution, up to 100% of Chinese domestics are familiar with the China UnionPay brand, significantly higher than any other bankcard brand in China.

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Compass Plus Partners Genia Tecnologia

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Compass Plus, an international provider of retail banking software and electronic payments systems to financial institutions, announced its strategic alliance with Genia Tecnologia, a Brazilian-based provider of consulting solutions for the card market. Compass Plus developed the alliance in order to provide country-specific support in the local language for its Brazilian…

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RSA and Todo1 form anti-fraud partnership

TODO1 Solution as a Service (SaaS+) provider and RSA, The Security Division of EMC, forged a partnership to create and offer a suite of security services that deliver world-class anti-fraud protection to banks and banking customers online. The new collaboration in the region aims to deliver a secure online banking platform with availability and reliability at service levels well above those offered by competing solutions found in Latin America. TODO1, a leading online banking and e-services company headquartered in Miami, Florida, currently services a consortium of independent banks in countries including Colombia, Ecuador, Panama, Venezuela and the United States. TODO1 core services include online and mobile banking, liquidity management, trading and payments and collections solutions. TODO1 also offers authentication and anti-fraud security solutions for self-service channels, relationship management and collaboration solutions, and Business Intelligence services – all focused on the financial services industry.

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Xendpay launches money transfer site

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Xendpay.com, the world’s most revolutionary and truly global Online Money Transfer brand, is the first website of-its-kind to facilitate payments to and from the Czech Republic and Slovakia in local languages by launching its pioneering and FSA-authorised website in both Czech and Slovak versions. With some banks in the Czech Republic…

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NCR Introduces its Smallest SelfServ ATM

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NCR Corporation launched its smallest-ever “SelfServ” ATM, in partnership with Cardtronics retail ATMs. The “SelfServ 14” will offer a cash dispenser with high availability while taking up just 0.27 square meters of floor space. Cardtronics is set to deploy the NCR “SelfServ 14″ ATMs in various locations, which can run APTRA…

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PULSE Expands Issuer Base & ATM Coverage in 2011

PULSE debit/ATM network saw strong growth in 2011, adding 129 direct financial institution participants to its network. The number of ATMs nationwide that accept PULSE grew in the last fiscal year to more than 380,000 from 350,000 in 2010. Consequently, total transaction volume on the network grew significantly in 2011, totaling more than 3.8 billion transactions, 16% up on the year ago period. Total dollar volume grew to $140 billion, 19% over the year ago period. The network also saw successful migration of the network’s debit processing and development platforms to state-of-the-art HP NonStop Blade server technology; expansion of Internet PIN debit to include recurring payments and subscription-based bill payments; enhancements to the DebitProtect® fraud mitigation system; and the launch of DebitSavvy.org, a website designed to engage consumers and explore all facets of debit card use.

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VeriFone Bringing Lottery to Taxi Card Payment Screens

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Partnering Linq3, VeriFone Systems is set to deliver lottery sales through card payment acceptance systems in taxis and at fuel dispensers. VeriFone payment-enabled media systems provide consumer-interactive digital screens at which consumers will be able to select a lottery purchase, swipe or tap a debit card and get receipts from integrated…

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Western Union Agreements Turning into Big Results

Western Union global payment now has mobile money transfer agreements with a total of 26 mobile wallet providers in 22 countries.Twenty of these agreements are with mobile network operators, serving over 285 million subscribers, while the remaining six are with banks and independents. This after four new strategic alliances announced at the Mobile World Congress in Barcelona, including a strategic alliance with Ericsson to integrate the Western Union Mobile Money Transfer network and the Ericsson suite of mobile commerce solutions; an agreement with WIND Italy to launch a service to allow subscribers to send money-transfer transactions directly from their phones; an agreement with Roshan to introduce the Western Union Mobile Money Transfer service in Afghanistan; and an alliance with Millicom International Cellular S.A. to introduce cross-border mobile money transfers in Latin America.

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Fiserv Refines P2P Payments Network

Fiserv is set to combine its “ZashPay” into the “Popmoney” person-to-person (P2P) payment networks. The resulting network will connect 1,400 financial institutions and reach 35 million consumers through their existing online and mobile banking relationships. The “ZashPay” network was launched by Fiserv in 2009 as a P2P payment product that leveraged the company’s industry-leading bill payment network. Meanwhile, “Popmoney” became part of Fiserv as a result of the acquisition of CashEdge in September 2011. The combined network also includes some of the largest financial institutions in the U.S. and more than 1,300 regional and community-based institutions.

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Virtual Piggy Execs To Speak At Game Developers Conference

Dr. Jo Webber, Chair and Founder of Virtual Piggy, an innovator in safe online youth purchasing, and Pradeep Ittycheria, Co-Founder, announced that they would join Albert Donahue, Executive Vice President and Co-Founder of Xsolla (an in-game payment solutions company specializing in online games) in a panel discussion at the 2012 Game Developers Conference. The Game Developers Conference (GDC) is the world’s largest professionals-only game industry event. The panel is titled “Like, OMG: Reaching Tweens & Teens (Presented by Xsolla)” and will provide attendees with insight in to how to effectively reach tweens and teens in games, and how to gain parents’ trust in the process.

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Mako Networks and Phoenix Managed Networks launch PaySecure

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mako Networks, a cloud-based network management company, and Phoenix Managed Networks, a payment network services provider, have announced an international agreement to provide a new solution called PaySecure to simplify payment security and compliance with the Payment Card Industry Data Security Standards (PCI DSS). Under the terms of the multimillion dollar…

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Bill.com Launches CashView Command and Control System

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bill.com, the leader in integrated bill payment, invoicing and cash management solutions for businesses, introduced CashView™, a powerful, first-of-its-kind Cash Flow Command and Control™ System that provides organizations with an entirely new strategic level of insight and control over their finances. CashView leverages Bill.com’s proprietary, cloud-based AP and AR systems to…

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