Hanse Orga upgrades FinanceSuite Payment Management

Hanse Orga announced its latest version 2.4 for its FinanceSuite Payment Management. With this, functions have been enhanced and new functions have been added, including central control of the group-wide payments having been made much more flexible. Also, all transactions can be viewed more easily in the central worksheet, allowing users to automatically start management reports directly from the central worksheet. Users can also flexibly define the recipients and determine which documents should be attached to the respective e-mail. Then, the e-mails are automatically created and sent with the relevant attachements.

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BoxPAY m-payments Stretches Across Pond

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] BoxPAY, a mobile payments provider for web merchants, game developers, and other e-businesses, has announced the opening of their new North American base in San Francisco, California. The office is in place to manage US and Canadian-based web merchants who are looking to use the boxPAY product to bill in 40…

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January Bankruptcy Filings Down 14% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bankruptcy filings were down 14% in January from the year ago period of 102,175 to 87,946, a 9% drop from the 96,264 filings the prior month. Meanwhile, total commercial filings for January 2012 fell 20% to 4,967 from 6,203 recorded in January 2011. The average nationwide per capita bankruptcy-filing rate for…

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AmEx Offers Early Access to Twitter Small Biz Ad Solution

American Express Cardmembers and merchants will have access to Twitter advertising for small business when it launches late March. American Express will give $100 in free Twitter advertising when using this solution to the first 10,000 eligible businesses that register starting at ads.twitter.com/amex. These businesses will be able to use Twitter’s advertising products to engage with current customers and reach new ones. American Express Cardmembers and merchants will have early access to this advertising solution, and the first 10,000 eligible businesses that register on ads.twitter.com/amex will receive $100 in free ads when using this solution.

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Wells Fargo Sends Over $1.8B in Remittance to 15 Countries

Wells Fargo sees record growth for its “ExpressSend” Global Remittance Services, with a year over year remittance transaction volume growth of 27% and dollar value growth of 28% from 2010 to 2011, while total value remitted in 2011 totaled more than $1.8 billion to 15 countries. In 4Q/11 alone, remittance transaction volume growth was 23% over the year ago period while total dollar value remitted growth was 22%. The Wells Fargo distribution includes over 35,800 remittance payout locations with 43 remittance network companies in 15 countries.

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TSYS Now Processing AmEx Transactions

TSYS announced that both its front-end authorization and capture as well as back-end clearing and settlement platforms are now enabled to process American Express “OnePoint” transactions. American Express “OnePoint” all-in-one solution offers small to mid-size merchants a single source for statements, settlement and customer service for all major card brands. American Express is to retain the acceptance contract with participating merchants and establish merchant pricing while TSYS will provide payment processing services to merchants on behalf of American Express for American Express card transactions.

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BluePay Provides All-In-One Payment Gateway

BluePay credit card processing firm simplified the payment process with its all-in-one payment gateway solutions. For merchants, BluePay is offering comprehensive credit card processing products on its secure, certified payment gateway. BluePay is both a payment gateway and a processor, with the advanced technology needed to eliminate the hassle of third-party vendors. BluePay’s all-in-one payment gateway allows merchants to accept all major credit cards, debit cards and ACH payments, while improving business operations through advanced management functions.

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ControlScan CEO Appointed to eTransactions Advisory Council

Joan Herbig, CEO of ControlScan PCI compliance and security solutions designed for small merchants and the ISOs and acquirers that serve them, has been appointed Payment Processing Electronic Transactions Association (ETA) Presidential Advisory Council. Bringing with him more than 20 years’ experience in the high-tech and payments industries, Joan is responsible for business operations and is focused on expanding its position as a leading PCI compliance and security provider. She led the company’s transition to a top provider of full-service PCI programs with a reputation for providing outstanding merchant experiences as a result of its small merchant expertise. She has authored articles for recognized industry publications including Transaction Trends, The Green Sheet and Electronic Retailer.

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Aruba Networks Posts Revenue Up 35% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Aruba Networks, a global leader in distributed enterprise network solutions, released financial results for its fiscal second quarter 2012 ended January 31, 2012. Revenue for Q2’12 was $126.3 million, an increase of 35 percent from the $93.9 million reported in Q2’11. GAAP net loss for Q2’12 was $11.4 million, or $0.11…

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Prepaid International Forum Elects Chairman

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International trade association Prepaid International Forum (PIF) today announced that Robert Courtneidge, who will shortly join US law firm Locke Lord as Global Head of Cards & Payments, has been elected as Chairman of the forum and will join the Board of Directors. 322 views 0 comments It further announced the…

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