doxo Expands Capabilities of Auto Pay

doxo file cabinet and e-payment updated its “doxoPAY” to include automatic payment with limits, allowing users to schedule automatic payments for bills they receive in their doxo accounts, without needing to link out to multiples sites to set up payment credentials for each business. With the new limit feature of auto pay, consumers can set a maximum amount to be automatically paid and can choose to auto pay a bill as long as it does not exceed $100. If the amount due exceeds the limit set, the consumer is instantly alerted so they can review the details of the bill before making that payment.

Details

Insperity Expense Management Implements i2c

Insperity Expense Management selected i2c payment processing, loyalty and transaction settlement solutions as the processor for its new network-branded reloadable prepaid card for “Insperity ExpensAble Corporate” customers. The “Insperity ExpensAble” prepaid cards provide one of the most efficient expense management solutions in the market to more than 5,000 companies nationwide. Issued by Insperity in conjunction with its banking partner, the Card will allow companies to better control, track and manage employees’ travel and entertainment expenses.

Details

Jack Henry expands ATM services

Jack Henry & Associates technology solutions and payment processing services primarily for the financial services industry announced the “ImageCenter ATM Deposit Management” solution provided by its ProfitStars division is available for the approximately 1,500 community and mid-tier banks supported by its Jack Henry Banking division. The “ImageCenter” fully automates the entire lifecycle of ATM deposits with proven imaging, transaction balancing, and fraud detection technologies that provide financial institution customers with an extremely efficient ATM deposit experience. The “ImageCenter” has now been fully integrated with Jack Henry Banking’s three functionally distinct core systems.

Details

Prepaid Solutions Partners Norwegian Cruise Line

Prepaid Solutions payments company offering comprehensive prepaid solutions for corporations and consumers has signed a contract for its “OceanPay” maritime payroll product with Norwegian Cruise Line (Norwegian). OceanPay is a proprietary, comprehensive payroll card solution designed to mitigate the unique challenges and concerns of existing payroll processes faced by the maritime industry. It provides card-based access to ATMs and point-of-sale debit transactions, currency exchange and money transfer services, companion cards, on-board card personalization (printing and encoding) and free on-board Internet connectivity for online banking.

Details

Xpress Money Kicksoff New Look

Xpress Money unveiled its new look, which comes at a time the money transfer giant can announce record growth. By the end of 2011, Xpress Money will register a 52% increase in its agent network size taking it from 85,000 locations in 95 countries to 135,000 locations in 125 countries. This network comprises of leading banks, NBFCs, Exchange Houses, Postal Unions and Single Agent Locations. Meanwhile, in Europe, the Company will grow to about 1000 locations by the end of 2012.

Details

Consumers Apathetic to UK Credit Card Offers

Research now indicates only 8% of UK consumers felt current credit card acquisition offers in the market were ‘valuable’ according to research recently published in Cardbeat, a market research report on UK consumer credit card usage published by Auriemma Consulting Group (ACG). Experts blame card issuers’ focus having become about BTs as the principle point of competition. ACG believes that a broader suite of innovative offers that appeal to the wider credit card consumer base would improve customer perception of value. Additional findings show 58% of respondents are apathetic towards card offers in general; 8% of respondents were likely to apply for a new card in the next 12 months; and 57% of respondents reported that a bad service experience would make them consider a new card.

Details

SafetyPay and PlaySpan Partner, Offer e-commerce Security

SafetyPay secure payment provider serving online shoppers, merchants and banks worldwide partnered Visa’s “PlaySpan” monetization solutions, online games, social networks and online videos. With this, “PlaySpan UltimatePay” Merchants will now be able to offer SafetyPay as an online payment option for their digital goods and services. SafetyPay allows Central and South American online shoppers to securely pay for goods and services in local currency directly from their online bank accounts – no credit or debit cards required.

Details

FIS Posts Revenue Up 4.3% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] FIS banking and payments technology posted a 3Q/11 revenue from continuing operations up 4.3% to $1.43 billion, compared to the year ago period of $1.37 billion. Meanwhile adjusted revenue growth was 10.8% and adjusted net earnings from continuing operations totaled $188.8 million compared to $176.7 million in the third quarter of…

Details

U.S. Bank Launches Visa Prepaid Card

U.S. Bank has made available the reloadable, prepaid Visa “Convenient Cash Card.” Cardholders can add funds to the “Convenient Cash Card” at any U.S. Bank branch and is designed to offer convenience, safety and control. The “Convenient Cash Card” helps customers budget their money and avoid overspending because it only lets a cardholder use the funds that are available on the card. Cardholders have access to account management tools; including text alerts, email notifications and online statements. It is offered by U.S. Bank Retail Payment Solutions.

Details

Citi Retail Partner Cards Expands Leadership Team

Citi Retail Partner Cards announced an expanded leadership team. With this, Craig Vallorano has been named Executive VP, Business Development and Strategy; Leslie McNamara has been named Executive VP, Partnership Management; Elisabeth “Molly” McCombe has been named Chief Marketing Officer; and Rick Cunningham joins Citi Retail Partner Cards as Executive Vice President, Business Development. The division also announced that Citi Retail Partner Cards will rejoin Citicorp as an autonomous division of North America Consumer Banking. While operating independently, Citi Retail Partner Cards and Citi Cards will continue to share processes that optimize performance and controls.

Details

Chase Announces Holiday Shopping Promos

Chase “Ultimate Rewards” rewards program kicked off its annual holiday promotion designed to deliver great value to cardmembers throughout the holiday season. With this, Chase “Freedom,” Chase “Sapphire” and “Ink from Chase” cardmembers with “Ultimate Rewards” have special access to merchandise auctions, redemption discounts, exclusive experiences and receive bonus points for shopping with select retailers online through ultimaterewards.com. Chase Freedom cardmembers can redeem their cash back rewards for gift cards from many popular retailers including Kohl’s, Banana Republic and Barnes and Noble.

Details