SpyderLynk Intros eMag mShopping Solution

SpyderLynk marketing technology company launched its “Snap-to-Buy” mobile commerce solution that closes the loop for publishers and advertisers, allowing them to take traditional media right to the intersection of social, mobile and, now, m-commerce. It lets consumers ‘Like’ a brand on Facebook, obtaining additional product information, scoring and redeeming offers to purchasing products – all with one snap or scan of a “Buy it Now” or “Shop the Look” SnapTag from a printed advertisement using their mobile phones.

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TNS Refinances Secured Facilities

TNS completed a refinancing of its existing senior secured credit facilities. The new senior secured credit facilities are comprised of a fully funded $350 million five-year term loan and a $100 million, five-year revolving credit facility, under which $25 million was drawn at closing. The interest rate at closing on the new facilities is LIBOR plus 300 bps, compared to LIBOR plus 400 bps (with a 200 bps LIBOR floor) on the existing facilities. The company has used the proceeds from the new senior secured credit facilities to repay all amounts outstanding under the existing facilities, under which there was $373 million outstanding, as well as to pay fees and expenses associated with the new senior secured credit facilities of approximately $7 million.

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Leaders Merchant Services Ranked Best Card Processors

Topcreditcardprocessors.com named the top ten best credit card processing companies for the month of February 2012. Topping the list was Leaders Merchant Services credit card processing company, based on their results and their dedication to excellence on a monthly basis. Leaders Merchant Services provides a merchant account service to assist their customers in accepting a variety of payment methods through a physical location while offering various services to protect consumers from bounced checks and charge backs. The five areas of evaluation which topcreditcardprocessors.com uses to evaluate merchant services include reliability, customer service, volume, stability, and automation.

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OTI Launches eParking Management System

On Track Innovations announced that the University of California Davis (UC Davis) Transportation & Parking Services office has selected OTI’s EasyPark e-parking management and payment system for implementation on the UC-Davis campus. The UC Davis deployment marks EasyPark’s initial entry into the U.S. market and builds upon global deployments across 110 municipalities around the world. The EasyPark electronic in-car solution lets issuers increase their parking revenues, reduce their parking management overhead and maintenance and substantially improve driver convenience, all without the requirement of costly infrastructure.

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I Love Velvet mPayment Merges into Micros

I Love Velvet installed customized mobile restaurant for point-of-sale payment and placing orders at the Nespresso Cafe. As Nespresso rolls out the I Love Velvet system in its cafes in the US, I Love Velvet now has a mobile payment solution that can be “plug & play” with an existing Micros RES solution. Using its own proprietary application and hardware, which includes an Apple-certified micro chip, I Love Velvet is now a true “mobility extension” of the Micros system. The challenge for I Love Velvet was to create a user-friendly program that offers the highest level of security for payment options (PIN debit entry) and the fastest turnaround time for completion of the payment cycle via a fully encrypted process.

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Ghana Bank Implements Lombard Risk Reporter

Lombard Risk Management integrated collateral management and liquidity, regulatory and MIS reporting solutions for the financial services industry, announces Ghana Bank International plc’s (GHIB) replacement of its legacy regulatory reporting system with Lombard Risk’s Reporterto meet regulatory demands. GHIB selected REPORTER, Lombard Risk’s regulatory compliance solution, to automate the firm’s regulatory reporting by interfacing to the bank’s Temenos T24 core banking system.

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a2b Integrates PacNet Intl Payment Processor

a2b Fulfillment integrated PacNet Services international payment processing. Clearing e-commerce and mail order payments in the national currencies of over 130 countries, PacNet’s comprehensive suite of payment processing services and customizable integration options allow a2b Fulfillment to optimize and automate to their own specifications. With this, a2b’s international clients can sell within the US without the expense of appointing US directors or investing in local infrastructure such as warehouses, offices, and bank relationships. PacNet offers each and every client access to familiar and popular forms of payment in both major and developing markets as well as secure access to PacNet’s proprietary eBanking interface.

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Payment Network International Secures Australian Licence

Payment Network International Financial Services (PNI) payment solutions company has been granted an Australian Financial Services Licence (AFSL) from the Australian Securities and Investments Commission (ASIC). This was made in direct response to demand for their unique online payment processing services within Australia. PNI undertook rigorous testing by ASIC, and as a result, have been officially recognised as a highly secure and qualified online payment provider, now authorised to provide non-cash payment (NCP)financial services to Australia. PNI’s China Payment Services (CPS) allows eCommerce operators to accept UnionPay card payments from Chinese customers in Renminbi and settle in their choice of currency, an option previously made challenging for international merchants.

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YESpay International and YES-wallet.com Partner on NFC Platform

YESpay International Limited and YES-wallet.com Limited have built a cloud based payment platform using NFC global standard technology. The cloud-based NFC contactless card emulation services conforme to PayWave and PayPass standards. By integrating YES-wallet pouch digital wallet service with YESpay EMBOSS payment service, both companies will provide a cloud service based e-Money/pre-paid/gift-card payment platform that allows provision of convenient and efficient payment methods on NFC smartphones based on Visa PayWave and MasterCard PayPass standards. YESpay will contribute “payment terminals based on NFC reader/writers” and “EMBOSS payment processing services to cultivate and manage merchants” and YES-wallet will provide “PayWave or PayPass standard virtual payment cards cloud system via its Pouch digital wallet service”.

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Fiserv 4Q/11 Revenue Up Y/Y, Q/Q

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv financial services technology posted a 4Q/11 revenue of $1.16 billion, up from the year ago period of $1.08 billion, while adjusted revenue was $1.08 billion, up 6% from the year ago figure of $1.03 billion. For the full year, GAAP revenue was $4.34 billion compared with $4.13 billion in 2010,…

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Fiserv Payments Network Sees Record Breaking 2011 Processing

Fiserv financial services technology solutions processed more than 1.5 billion transactions in 2011, up 29% since the year ago figure. Moreover, ACCEL/Exchange payments network from Fiserv processed more than 151 million transactions in December 2011 as network membership increased by nearly 10% in 2011, bringing total membership to more than 3,000 financial institutions. ACCEL/Exchange is one of the fastest-growing payments networks in the industry, supplying the infrastructure for financial institutions to give cardholders around-the-clock access to their demand deposit account funds at ATMs and the point of sale.

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