Barclays Africa Helps Citizens Employment

Barclays Africa, which comprises 22,000 employees, selected the innovative role management system to centralise, link and manage all their diverse role information across the organisation. The solution also provides a careers website for accessing the information to its staff across 10 countries. Built on Force.com, salesforce.com’s social enterprise platform for building employee-facing cloud apps, the solution also provides a custom career development site and employee portal, which is automatically updated with the latest information from Role Manager. Barclays Africa can access the solution from any location through an internet browser, eliminating the need for costly hardware investment, software installation and subsequent updates.

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Citigroup Posts 4Q/11 Net Income Down Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Citigroup reported net income of $1.2 billion in 4Q/11 on revenues of $17.2 billion. This compared to net income of $1.3 billion in 4Q/10 on revenues of $18.4 billion. Citigroup 2011 full year net income was $11.3 billion on revenues of $78.4 billion, compared to net income of $10.6 billion on…

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MoneyGram Renews Agreement with Wegmans Markets

MoneyGram International renewed its agreement with Wegmans Food Markets and will continue to provide its suite of product offerings at Wegmans’ 80 locations throughout the Northeast. Wegmans has been a MoneyGram agent for more than 20 years. Wegmans offers core MoneyGram services at its retail locations, including money orders, money transfers, ExpressPayment® and utility payment services.

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eProcessing Network Launches Level 3 Enhanced Data Payments

eProcessing Network is offering Merchant Level 3 – Enhanced Data Processing through the TSYS Acquiring Solutions Platform. The payment gateway and software development company in ePayment Processing Industry, eProcessing Network (ePN) understands that many businesses are being presented with Corporate and Purchasing cards for payment of purchase orders and invoices. By using Level 3 Card Processing, businesses can accept Business-to-Business (B2B) payments and qualify for the lowest interchange rates available, which can substantially reduce their processing fees and allow them to successfully cater to the needs of corporate customers.

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Heartland Payment Systems Secures Endorsement from Ohio Restaurant Association

Heartland Payment Systems payments processors announced Ohio Restaurant Association (ORA) is exclusively endorsing Heartland Payroll ServicesSM for its comprehensive and customizable payroll capabilities. With Heartland Payroll Services as a strategic partner for payroll processing, ORA members can receive a variety of key benefits such as a three-year fixed price guarantee, web-based payroll services, single point of contact client support, remote check and report printing, payroll-related tax services, CPA reporting package, robust reporting for better business analysis, and much more. ORA members can also choose from all-inclusive or customizable solutions for payroll requirements.

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USA Technologies Issues Shareholders Letter

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] USA Technologies issued the following letter to shareholders: To Our Shareholders: I’m writing you today in my first formal communication as Chairman and Chief Executive Officer of USA Technologies. I am deeply honored to have earned the confidence and trust of the Board of Directors to lead the Company forward. I…

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MiiCard a TRUSTe Sealholder

Online identity verification service miiCard, announced that TRUSTe has certified its Web site to display the TRUSTe Web Privacy Seal, demonstrating miiCard’s commitment to transparency, accountability and consumer choice, the foundations of online privacy. miiCard joins thousands of Web sites in recognising the ability of the TRUSTe privacy seal to accelerate online commerce and information exchange. TRUSTe awards its Web Privacy Seal only to companies that complete TRUSTe certification, submit to ongoing site monitoring, and participate in TRUSTe’s consumer privacy dispute resolution program. Consumers prefer Web sites that demonstrate responsiveness to privacy concerns, set clear expectations for the processing of personal information and offer timely choice should those expectations change.

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Target Suspends Efforts to Sell Credit Card Receivables

Target Corporation has temporarily suspended its efforts to sell its credit card receivables portfolio, however remains committed to selling the portfolio on appropriate terms, but based on discussions with potential partners the company has determined that it is not in its best interests to finalize a transaction at this time. Later in 2012, the company expects to re-engage in discussions with a limited number of potential partners, and expects to be well-positioned to streamline those conversations based on the groundwork established in its 2011 efforts. It intends to retire the 2008 receivables financing provided by Chase Card Services, which will allow Target to market the portfolio when the company resumes partner discussions later in 2012. Target will pay Chase approximately $2.8 billion to retire this financing.

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Keynote Study Gauges Credit Card Issuer Websites

Keynote Competitive Research Industry Study examining the business and technical effectiveness of U.S. credit card websites concluded U.S. Bank took first place for Overall Customer Experience, while in the Technical Quality portion of the study Citi came in first for Responsiveness (Speed) and U.S. Bank took first place for Reliability. The entire study is available for immediate purchase. Winners of Keynote Competitive Research studies are invited to participate in the company’s Online Excellence Program which recognizes the “best of the best” websites as ranked in the studies. Keynote performed 6,000 total measurements for each site, for a total of 48,000 total measurements, from 12 locations in the U.S. U.S. Bank placed first in Customer Satisfaction and Online Adoption.

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Euronet Pakistan Launches EMV Debit Card with MCB

Euronet Pakistan launched the EMV Debit Card in Pakistan with MCB electronic banking services. With this, Euronet Pakistan is the first EMV certified processor and gateway for EMV VISA debit services in the country. With the launch of the first EMV Debit Card in Pakistan, Euronet and MCB have introduced the most secure payment method available today into the Pakistani market. EMV Debit cards use an embedded microprocessor that stores, processes and protects card holder data, including identity and account information. Prior to the launch, MCB performed stringent testing to ensure Euronet’s service center, processing systems and operational procedures met global EMV security and regulatory standards.

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Deutsche Bank Appointed as Depositary Bank for BG Group plc

Deutsche Bank announced its appointment as successor depositary bank for the Level I American Depositary Receipt (ADR) program of BG Group plc (BG Group), headquartered in the United Kingdom. BG Group is a world leader in natural gas, with a strategy focused on connecting competitively priced resources to specific, high-value markets. Active in more than 25 countries on five continents, BG Group has a broad portfolio of exploration and production, Liquefied Natural Gas, transmission and distribution and power generation business interests. It combines a deep understanding of gas markets with a proven track record in finding and commercialising reserves.

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Allpoint Network and TxVia Partner

Allpoint Network, a Cardtronics affiliate and operator of a surcharge-free ATM network, partnered TxVia. This provides an operating system to enable emerging payments and financial services and allows program managers looking to TxVia for transaction processing to open the Allpoint Network to their cardholders, making surcharge-free cash access a reality at over 43,000 ATMs located at America’s most relevant retailers across the United States and beyond. Systems & Methods, Inc. (SMI) was one of the first TxVia clients to enhance their prepaid card programs with surcharge-free cash access for cardholders at Allpoint Network ATMs.

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