MasterCard Extends KeyBank Debit Card Provision Contract

MasterCard and a KeyBank forged a multi-year contract to deliver industry-leading debit payment solutions and processing capabilities. KeyBank’s Debit MasterCard program will add the capability for PIN transactions to the long-standing signature purchases and ATM withdrawal functionalities. KeyBank will implement the debit and prepaid transaction processing capabilities of MasterCard Integrated Processing Solutions (IPS), which offers a processing solution to create differentiated products and services and quickly expand payments portfolios across business channels efficiently and with minimal infrastructure investment. The platform provides a complete range of processing services for signature and PIN debit, as well as ATM and global prepaid.

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Credit Union 24 Appoints Relationship Manager

Credit Union 24 credit union-owned ATM & POS network appointed James Gukeisen Relationship Manager. Gukeisen served as Senior Card Services Manager and was responsible for the day-to-day operations of all non-credit card products, including debit cards, instant-issue cards, single-load gift cards and Suncoast’s 200 ATMs. Gukeisen also served as ATM manager and check-card manager, and was previously a project manager responsible for introducing new card products, developing rewards programs and assisting with fraud and risk management. Gukeisen is a Certified Credit Union Executive, a Certified Financial Management Specialist and a Certified Financial Services Professional.

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Astra Bank deploys Fiserv Platform

Astra Bank deploys the Fiserv “Precision” bank platform, in addition to multiple other solutions. The integration between debit card processing services from Fiserv and the Precision bank platform will bring real-time information to frontline employees. Namely, the Bank selected the “Precision bank” platform and outsourced account processing services, as well as Branch Source Capture and Merchant Source Capture for remote deposits, Business Analytics for enterprise-wide reporting functionality, CheckFree RXP for bill payment, “ZashPay” for person-to-person payments, Director for document imaging, Fiserv “Clearing Network” for image exchange and card services solutions for debit card processing. The “Source Capture Solutions” from Fiserv will give Astra Bank competitive advantage by helping the bank to better serve those customers with the convenience of making deposits from remote locations, while enabling the bank to expand its footprint.

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Wells Fargo Advantage Funds Launches m-site

Wells Fargo Funds Management announced its mobile version of the Wells Fargo Advantage Funds website. Visitors can access the mobile website on all smartphones, including iPhone, BlackBerry, and Android devices, at wfaf.com. Visitors who use their smartphones to access the Wells Fargo Advantage Funds website will be automatically redirected to the mobile version. The mobile website’s content is organized by the following categories: Our Funds: Provides current fund information, such as daily data, performance, holdings, and fund history. Market Insights: Displays the 10 most recently published thought leadership pieces.

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CashStar Growth Attributes New Retail Brands

CashStar digital gifting and incentives continues its momentum and record growth as the company powers into 2012. CashStar grew more than 400 percent during the past year, more than doubled its retail brand partners and now drives the majority of retailers’ digital gift card programs in the U.S. Its retail network includes more than 250 brands such as QVC, Best Buy Canada, T.G.I. Friday’s, Aéropostale, Groupon, P.F. Chang’s, Lettuce Entertain You, Mandarin Oriental and more. Also, the company announced Alex Rampell, TrialPay co-founder and CEO, to its Board of Directors.

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Ceridian SVS Named 2012 Breakout Prepaid Company of the Year

Paybefore chose Ceridian Stored Value Solutions (SVS) as a 2012 Paybefore Awards winner in the “Breakout Company” of the Year category. Presented annually by Paybefore, SVS was selected by a panel of five industry experts who served as judges for this year’s competition, which”once again”included entries from around the world. SVS will be exhibiting at Prepaid Expo USA to promote its retail gift cards, branded prepaid and promotional cards, plus a robust consumer loyalty platform, and will vie for best-in-category distinction.

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Compliance Solutions Firm Adopts New Name

CSRSI, the leading provider of data compliance solutions and expert services that help businesses turn compliance into revenue, announced the re-branding of the company to CSR. The new company name stands for Compliance Solutions and Resources. The company is best known for its PCI ToolKit(R) offering which simplifies Payment Card Industry Data Security Standard (PCI DSS) merchant and portfolio compliance using proprietary, “smart questionnaire” technology.

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Terremark Data Centers Recertified PCI DSS Compliant

Terremark has received certification that six of its cloud-enabled data centers are compliant with the PCI DSS version 2.0. Terremark’s commercial and government customers that process credit card transactions can manage and house their business-critical applications knowing the supporting infrastructure is protected at the industry-recognized standard for payment-card security. Terremark underwent an extensive evaluation of its policies, procedures and technical systems by a third-party qualified security assessor. The examination also included on-site assessments and an audit of Terremark’s system wide vulnerability scan program at these data centers.

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Wells Fargo Top Valued Bank Brand

Wells Fargo & Company is the most valuable bank brand in the United States according to The Brand Finance Banking 500 report and the second most valuable bank brand in the world valued at $23.23 billion. Brand Finance’s annual international Banking 500 study assesses the dollar value of the reputation, image and intellectual property of the world’s leading financial services companies. Wells Fargo maintained its place as the 2nd leading bank brand in the world from last year’s rankings.

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NTC Texas Payment Processing Announces 8 Resolutions to Improve Business

NTC Texas, a payment processor representing Elavon Global Acquiring Solutions throughout the United States, is pleased to announce 8 New Year Resolutions to Improve Your Business. Every year most of us make New Year’s resolutions. Let’s make a business resolution to boost your business, because it will do something we all love — save us money! As the economy has shifted, what a business owner needs to do to be successful in 2012 has now changed. Here is a quick refresher on the do’s and don’ts for your business as we begin this New Year. Become PCI Compliant ; Update and Clean Your Payment Card Terminals; and Make Sure Your W-9 Information Matches What You Report to the IRS.

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Eight Credit Unions Introduce Coopera Card

Eight credit unions have signed on to begin offering the Coopera Card in 2012. A reloadable Visa prepaid card built specifically for the Hispanic community, the Coopera Card provides financial institutions with a tool for attracting new members and earning additional interchange income. The prepaid card gives Hispanic cardholders access to a secure financial management tool and eliminates the need for paying high fees for check-cashing, money order or money transfer services. A credit history is not required and alternative forms of ID are accepted to obtain the card. The Coopera Card was developed by Coopera in partnership with sister company and card processor The Members Group (TMG) to help credit unions ease members of the Hispanic community into the financial mainstream.

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