epay Inks Long-Term Prepaid Processing Agreement

epay of Euronet global electronic payments provider and distributor inked an exclusive agreement to process prepaid mobile airtime transactions in the independent retail segment for Boost Mobile, Virgin Mobile USA and Assurance Wireless, all owned by Sprint. epay is a worldwide leader in servicing independent retailers and has invested in leading edge technology to support Sprint’s strategy to grow prepaid revenues in this important channel. epay’s strategy has advanced beyond simply processing transactions and evolved into providing needed business solutions for its partners. epay’s integrated tools allow mobile operators to Analyze, Control and Manage distributor networks with enhanced selling.

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Fiserv Launches Online Advisory Tool

Fiserv has launched its “BancAnalyst Risk” for online advisory for a new approach to examining enterprise risk and its influence on franchise viability and earnings volatility. The “BancAnalyst Risk” solution is in addition to online advisory tools including “BancAnalyst Profit” and “BancAnalyst Growth” and was created to assist bank executive management. It focuses on and scores a financial institution’s exposure in Market Area Risk; Velocity Risk; Strategic Risk; Capital Management Risk; Asset Quality; Liquidity Risk; and Earnings Composition.

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Groupon Kicks-off New Rewards Program

Groupon announced its “Groupon Rewards” program, allowing consumers to unlock special Groupon deals from their favorite local businesses through repeat visits. After spending an amount set by the merchant, the consumer unlocks the ability to purchase a special Groupon for that business. This is in addition to Groupon’s “Daily Deals” and “Groupon Now!” real-time deals to create the first complete suite of marketing services for local businesses, adding a retention solution to the existing customer acquisition and yield management offerings.

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Fiserv upgrades RDC Offering

Fiserv global provider of financial services technology solutions has significantly enhanced its Source Capture Solutions, with the latest 4.2 system release. Fiserv was the first financial services provider to offer a completely web-based Remote Deposit Capture (RDC) solution, in both in-house and outsourced delivery modes. Building on its current base of more than 180,000 end-users and 3,400 clients, Fiserv now offers an even wider array of Source Capture Solutions. It offers a new user interface; a new Mobile and ATM Source Capture; new Remittance Coupon Source Capture; and new Inclearings Source Capture.

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Research Indicates NFC Development Hindered by Biz Models

NFC payments when implemented are being projected to mass market-adopted behavior in the United States and Western Europe come 2016. This, according to ABI Research, coincidentally suggest NFC development is arrested thanks to business models, not technology. The ABI Research report, “NFC Mobile Payments,” also forecasts the installed base of NFC handsets, active NFC mobile payment users, and NFC mobile payments by region and selected countries.

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Both Groupon & BuyWithMe to Launch New Loyalty Programs

Daily deals sites Groupon and BuyWithMe both announced new rewards initiatives. Groupon competitor BuyWithMe will begin offering card-linked promotions to select retailers, according to the Wall Street Journal’s AllThingD. The program, called MerchantConnect, will begin in Boston, New York City, Los Angeles and Washington, D.C. and will expand nationally later in the year. BuyWithMe states the data is compiled in a way that consumer privacy is protected, and that users can opt out of the program at any time. Daily deals currently are most often used by small businesses, according to industry experts. LivingSocial, one of the most dominant players in the daily deals space along with Groupon, as of now has only partnered with five national brands, including Amazon, Fandango and Whole Foods, the latter which sold at a record-setting pace.

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CRE Secure Launches New Shopping Cart Platform

CRE Secure, the industry’s leading cloud-based, secure payment solution for merchants, announced the immediate availability of Loaded Commerce 6.5, a modern, open source shopping cart solution designed for the small to medium sized business merchant. The shopping cart is feature-rich and makes CRE Secure’s hosted payment page technology, HTML Clone®, available to Loaded Commerce 6.5 shopping cart users.Previously known as CRE Loaded, which is deployed at thousands of merchants worldwide, the company’s introduction of Loaded Commerce 6.5 is in direct response to the growing need in the marketplace for a fully functional shopping cart platform that addresses accelerating consumer expectations while staying ahead of payments card industry data security standards (PCI-DSS).

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FICO CEO & PNC EVP to Present on Revitalizing Banking Growth

FICO announced that on October 7 it will offer a free preview webinar of one of the keynote sessions to be held at FICO World 2011 international conference on analytic strategies in financial services. The webinar will feature FICO CEO Mark Greene in conversation with PNC executive Gordon Cameron on “Revitalizing Growth in the Reset Economy.” This webinar will discuss how banks are re-inventing business models and strategies to drive profitable growth in the face of a fragile economy and ongoing regulatory reform. Leading banks are paving the way by effectively using analytics to understand rapidly shifting consumer needs and deliver more compelling offers.

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SIX Group appoints CEO, Payment Services

SIX Group is combining its two divisions focused on cashless payment transactions – Multipay and Cards & Payments. The combination of a targeted international market presence and highly attractive products and services will position SIX Group as a leading international payment services provider. With this, the Board of Directors has appointed Niklaus Santschi as CEO of the new payment services division and member of the SIX Group Executive Board with effect from January 1. Niklaus brings to the board a wealth of experience in the processing and acquiring side of cashless payment transactions. He began his career in 1991 at Eurocard (Switzerland), from where he moved to Payserv and was the European Sales Manager at Telekurs Card Solutions from 2002.

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FICO and Equifax Intro Forward-Looking Scores

Global information solutions leader Equifax and FICO, the leading provider of predictive analytics and decision management technology, announced their agreement to develop new analytics for the UK market. These analytics will complement Equifax’s RN4 suite of risk scores, further helping credit granters reduce losses while extending more credit based on a comprehensive evaluation of each consumer’s risk. FICO will develop UK-specific versions of its FICO® Credit Capacity Index™ and FICO® Economic Impact Index, both based on robust data from Equifax. Worldwide, the two companies deliver a combined volume of scores greater than any other company. The FICO® Economic Impact Index will help lenders understand how future economic fluctuations may affect a consumer’s Equifax RN4 credit score. The patent-pending analytic will indicate the projected positive/negative impact on a specific Equifax RN4 score range based on selected economic forecasts.

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