Member Solutions Adds New Group Level Registration

Member Solutions credit card processing and member communication has launched its “Event Manager” group level registration to its online event registration system. The “Event Manager” is used by organizers to market and manage recurring and one-time events such as tournaments, camps, meetings, conferences, and class registrations. The web-based tool is fully integrated with Member Solutions’ PCI-compliant payment processing platform and gives users a simple, single interface to efficiently carry out registration sales, event merchandise transactions, communication, data management, and marketing. With this, its simplicity with new capabilities allow team and group administrators to accept payment from multiple registrants in one centralized location.

Details

Hypercom UK and Spain Acquired by Spire Payments

KleinPartners Capital acquired Hypercom Spain S.A. and Hypercom UK to launch Spire Payments, for which it has appointed Kazem Aminaee President. The Company will retain all of its Spanish and UK management teams as well as nearly 200 staff and existing premises. The new business has the exclusive sale rights to Hypercom’s range of Optimum and Artema Modular products in the UK and Spain. Spire Payments is an independent supplier of payment solutions and with this development, consolidates its position in the respective markets.

Details

Advanced Payment Solutions & Moneysupermarket.com Deploy Card Offer

APS and its “Cashplus” prepaid MasterCard launched its exclusive offer with Moneysupermarket.com allowing its visitors to get a Cashplus card without any fees for the first three months. The offer will run from the 2nd to 20th August only and will be available exclusively through Moneysupermarket.com. The waiving of fees will mean consumers can enjoy free purchase and no monthly fee, free ATM withdrawal both domestic and international and free foreign exchange making the “Cashplus” offering more competitive than any of the other currency cards such as FairFX and matching Nationwide’s former (but now suspended) FlexAccount with its free overseas purchases and cash withdrawal policy. Although Cashplus will cost £4.95 at the outset APS will refund this if the customer loads £250 on to it within 31 days of signing up.

Details

Ingenico appoints New sales director, Northern Europe

Alison Greensmith has been appointed Sales Director, Northern Europe, with Ingenico payment solutions. Most recently with Digital River World Payments as Sales and Marketing Director, EU, Greensmith brings with her more than 20 years’ sales experience to the role. She was also with NatWest, Mastercard and The Logic Group in said capacity. In her new role, Alison will lead the sales team to drive product and service growth across the region, including identifying untapped sales opportunities and new markets.

Details

UAE Exchange and UNICEF Launch Ramadan Charity

UAE Exchange and UNICEF announced a new partnership to promote the cause of underprivileged children, for which the former will donate to UNICEF AED 0.10 for each remittance transaction conducted through its branches in the United Arab Emirates in August. UAE Exchange has a network of more than 520 direct offices in 24 countries across five continents built over 30 years. UNICEF is present in more than 150 countries and territories, is known for its initiatives to bring good health, education and protection to all underprivileged children across the world.

Details

Fujitsu Forges 5-year deal to support 1,200 McDonald’s

McDonald’s UK has signed a 5-year deal with Fujitsu for the provision of IT infrastructure support services to the company’s 1,200 restaurants in the UK and Republic of Ireland. This will ensure McDonald’s can deliver the right support capability into restaurants day-to-day, and help the company remain at the forefront of innovating its IT as it moves towards becoming a wider hospitality environment for families. Fujitsu will support the restaurant IT estate, from front of house tills and POS, to drive-thru ordering, restaurant bridge and back office. With this, Fujitsu is to focus on simplification and improved satisfaction; call prevention and reduction; and reduction in onsite engineering visits .

Details

SoftCom Earns PCI Compliance Certification

SoftCom Cloud Hosting, VPS Hosting and Business Messaging and Collaboration services has earned PCI DSS v2.0 certification for its “myhosting.com,” “mail2web.com” and “SoftCom Business Services” core brands. This certification covers payment information, customer databases, online store processes, payment procedures, and data stored on back-end networks, so customer information will be secure today, tomorrow, and years from now. The robust account security framework approved by the Council for PCI Security Standards requires annual self-assessments and quarterly network intrusion scans conducted by a third party professional services company.

Details

Discover Index Shows Consumer Confidence Plummeting

The July Discover U.S. Spending Monitor dropped to its lowest level in more than two years- by 11 points since January and 2.4 points since June- to 82.7. Nearing the March 2009 low of 79.5, 62% feel the economy is poor while 59% say economic conditions are worsening, of which 44% feel it in their own wallet. With this, only 45% will have money left over after paying their bills in July while 53% are subsequently cutting back their spending and 45% plan to save and invest less in the month ahead. Lastly, 54% plan to spend less on home improvement purchases, up from 47% in June, while 51% plan to spend less on gym memberships and vacations. On the Spending Monitor, however, this is quite consistent, given July of last year saw an index drop from June’s 86.1 to 83.0, followed by 73.0 in August before a slow rebound in September to 73.8.

Details

Wright Express 2Q/11 Revenue Up 55% Y/Y

Wright Express business payment processing and information management posted 2Q/11 total revenue up 55% to $141.3 million from the year ago period of $91.4 million. For the second quarter of 2011, the Company’s GAAP financial results include an unrealized $13.9 million dollar pre-tax, non-cash, mark-to-market gain on these instruments. See Exhibit 1 for a full reconciliation of adjusted net income. Highlights indicate the average number of vehicles serviced worldwide was approximately 6.3 million, an increase of 29% from the second quarter of 2010; total fuel transactions processed increased 19% from the second quarter of 2010 to 81.2 million; payment processing transactions increased 15% to 63.2 million; transaction processing transactions increased 34% to 18 million; average expenditure per domestic payment processing transaction increased 33% from the second quarter of 2010 to $74.91; and total corporate card purchase volume grew 83% to $1.9 billion, from $1.0 billion for the second quarter of 2010. With this, Wright Express expects a 3Q/11 revenue in the range of $145 million to $150 million and adjusted net income in the range of $35 million to $37 million, or $0.89 to $0.95 per diluted share while it expects a FY/11 revenue in the range of $550 million to $560 million and adjusted net income to be in the range of $136 million to $141 million, or $3.50 to $3.62 per diluted share.

Details

International Bancshares Implements Elan Financial Services

Elan Financial Services (Elan) agent credit card issuer has partnered with International Bancshares Corporation to offer an industry leading credit card program at its 278 locations throughout Texas and Oklahoma. With this, IBC cardholders benefit from a variety of credit card products with one percent cash back, merchandise, gift certificates, as well as great travel selections. Elan solution gives Business cardholders rewards for every dollar spent and have access to tools that help them track and manage their expenses, card servicing and marketing as well as branch support and sales incentives.

Details

Clairmail names New VP, engineering

Kaj van de Loo has been named the Clairmail mbanking and payment solution Vice President of Engineering. Kaj comes to Clairmail with extensive knowledge of the software industry and will head up the Clairmail engineering team to lead the development and quality assurance of the company’s international mobile banking and payments platform. Bringing with him 20 years’ experience in enterprise software at both startup and global technology companies, Kaj was most recently the Senior Vice President of Technology Strategy for SAP, driving technology innovation into products that create value for customers and the Vice President of Engineering at Questra.

Details

Redwood FCU Replaces ATMs with SDM-Equipped NCR Models

Redwood Credit Union of the San Francisco area is set to deploy NCR “SelfServ ATMs,” replacing its 30 currently installed machines, including 28 non-NCR ATMs. Twenty-nine of the new NCR SelfServ ATMs will include NCR’s Scalable Deposit Module (SDM) technology, the only technology on the market that allows consumers to deposit both cash and checks simultaneously in any orientation through a single slot. Designed for NCR SelfServ ATMs, this technology delivers a consumer deposit experience that is twice as fast as other ATMs, allowing for a typical consumer transaction of five bank notes and two checks to take less than 60 seconds to deposit. Additional features include self-healing technology; dual-roll receipt printers that ensure the ATM need never run out of paper; and graphical operator panels for easy fixes or resets.

Details