Telrock Partners to kickoff power utility mobile bill payment

Scottish and Southern Energy energy retailer teamed with Telrock mobile payments to launch technology to revolutionize the way millions of customers manage their energy and telecoms accounts. This allows customers to confirm their energy bill is accurate and make payments directly via their mobile phone as a simple alternative to call-centres, post or internet. To make payments, they simply respond to the payment request directly in the app making payment as quick and simple as the touch of a button. The option is also available for 2-way text messaging as the secure payment mechanism.

Details

Squid partners to Expand euro-Transaction market

Two innovative UK start-ups responsible for millions of contactless tickets and payments per month have joined forces to create a new European leader in smart transactions. Applied Card Technologies (ACT) and digital payments company sQuid have joined forces under a new corporate umbrella, Smart Transactions Group, in a deal valued at $87 million (£53.3 million). Both companies currently operate contactless smart card-based networks, and now share plans to launch NFC and mobile phone-based solutions in the near future. Smart Transactions Group will have pro-forma 2011 revenues of approximately $15 million (£9.5 million) and its payments revenue, measured on a Total Payment Value (TPV) basis, is growing at a significant double digit monthly rate, while transit transactions are also expected to grow 50% in 2011.

Details

epay Deploys Microsoft Prepaid Services in EMEA and APAC

epay οf Euronet Worldwide аnԁ a prepaid аnԁ payments processor -n thе U.S. has implemented multi-country agreements w-th Microsoft. Stretching across Europe, thе Middle East аnԁ Asia-Pacific regions, thе agreements allow epay tο discharge Microsoft POS-activated products асrοѕѕ the epay network, consisting of over 278,000
tradesman locations. Consumers саn b…у thе Office 2010 POSA product tο е-thеr clear Office
2010 program already commissioned οn thе-r hardware.

Details

MASS LAYOFFS CUT 278 MORE JOBS M/M

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mass layoffs sent 143,927 American workers packing in April, up 278 from March, as employers undertook 1,564 mass pink slip disbursements. Each of these disbursements involved at least 50 workers while 327 mass layoff events were reported in the manufacturing sector. Subsequently, 35,022 initial unemployment claims were filed in April, down…

Details

RewardsNOW Launches New Online Sweepstakes

RewardsNOW loyalty marketing solutions kicked off its “Points2Win!” online sweepstakes program to enhance loyalty program redemption. With this, RewardsNOW bank clients can now the online sweepstakes in their program for free. Built into the redemption process with participants redeeming a certain number of points per entry to take part in the sweepstakes, “Points2Win!” participants have the chance to win prizes such as a $250 Home Depot gift card, a Broil King gas grill, or a custom built Trek mountain bike.

Details

Spartanics Kicksoff New Card Manufacturing Solution

Spartanics has made available to plastic card and nameplates manufacturers its “M250 Registration Shear.” Ensuring requirements for extremely accurate registration shearing at high speeds, the Spartanics “M250 Registration Shear” features accurate registration of +/- 0.002 inches (0.0508 mm); touch screen controls for rapid job set up and changeovers; production speeds up to 1200 cuts per hour; automatic stacking of cut parts; software to optimize scrap reduction; and versatile cutting stainless steel, aluminum, PVC or polycarbonates.

Details

Visa Launches Travel-Themed Facebook App & Campaign

Visa announced a new travel-themed integrated marketing campaign, offering “Memory Mapper” to share their experiences through the introduction of a Facebook application. “Memory Mapper,” which uses Google Maps satellite technology and a consumer’s own photos, videos and captions to chronicle a visual story of their travels for a unique keepsake to share with friends and family, include a national promotion. The “Trip of a Lifetime Sweepstakes” promotion featuring a chance to win $100,000 to experience a dream vacation and national television and digital advertising which bring the Memory Mapper to life by profiling one family’s dream vacation surfing in Tahiti. This lets users upload photos and videos, input the locations in which each image originated, write captions, and add music to create a virtual keepsake of their adventures to share with family and friends via Facebook, email and Twitter.

Details

Heartland Tip Distribution/Management Platform

Heartland Payment Systems payments processors has made available its “Heartland Tip Manager” service to restaurants. This offers a way to streamline tip distribution management while integrating payroll data, credit card sales and credit card tip data directly from the POS. The “Tip Manager” solution also helps ensure compliance with IRS tip and reporting requirements and company tip policies, allowing restaurant owners to produce specific reports to assist with tip compliance in the event of an IRS audit or investigation and to create tip pool policies that will automate the calculation, distribution and taxation of tips that are shared among indirect tipped employees. Accurate accounting of the amount of tips received by indirect employees will provide the operator with the ability to properly report those cash tips, thereby increasing their wage claims which can result in an increased Federal Insurance Contribution Act (FICA) Tip Credit. The software functions in conjunction with Heartland “PlusOne Payroll” solution.

Details

FIS Software Introduces Mobile Application

FIS Software end-to-end policy administration systems launched its “ALIS Mobile Application” (AMA) for its Policy Administration System. This extends ALIS functionality, offering agents, financial advisers, and policyholders real-time iPhone, Android, and Blackberry access to application status, account balances, commission payments, and transaction processing. FIS’s AMA offers maximum flexibility with the ability to configure custom handheld applications for each insurer’s specific needs and to access any data element available through ALIS. AMA is compatible with all versions of ALIS. It ultimately Improves efficiencies in back office operations with a reduced need to manually provide key information to agents, financial advisers, and policyholders and reduces interface required to complete transactions.

Details

First Data Awarded Business Partner of the Year

First Data electronic commerce and payment processing received the Electronic Transaction Association’s (ETA) Star award for “Business Partner of the Year.” This was thanks to its all around support of the association and its mission during the year, and its participation in multiple ETA committees and programs. The ETA is an international trade association representing more than 500 companies that offer electronic transaction processing products and services.

Details

Western Union Highlights 2011 Strategic Initiatives

The Western Union Company held its Annual Meeting and reiterated the company’s strategy while emphasizing its commitment to expanding the business. Stockholders representing 88% of shares voted to re-elect Ersek, Jack M. Greenberg and Linda Fayne Levinson as members of the board of directors, all of whom are to serve new three-year terms. They also voted to approve, on an advisory basis, the compensation of the company’s named executive officers; an annual frequency for such stockholder advisory vote on executive compensation; and to approve a non-binding stockholder proposal to eliminate the classification of the board.

Details

Fime and Barnes launch MasterCard approved card personalization

The MasterCard qualified “PersevalPRO Issuer” test tool that meets its latest card personalisation validation (CPV) requirements has been brought to market by Fime and Barnes International in a joint initiative. The test tool allows issuers to prepare for the MasterCard CPV certification process to reduce time to market. Eliminating costly and time consuming issues arising during the final certification stage, the “PersevalPRO Issuer” is the culmination of FIME integration services for secure chip based applications, tokens and devices and Barnes International’s chip card test tools. The product incorporates card personalisation functionality and security requirements issued by MasterCard and is the first to achieve qualification from the payment system.

Details