SMART 0% SmartBalanceTransfers.com has announced its strategy to help their customers manage increasing credit card debt.Its goal is to help consumers manage their credit card debt by finding the top 0% APR balance transfer credit cards. By transferring high interest credit card balances to these 0% APR cards, consumers can get out of credit card debt faster. Currently, credit card holders can take advantage of offers from credit card companies that are offering introductory rates as low as 0%. While it is difficult to find credit cards that charge no balance transfer fee, paying 0% for 12 to 18 months more than makes up for this additional cost. Credit card holders have nothing to lose by transferring their balances and paying off their debt in a much faster period of time. Transferring balances from high rate cards to 0% interest cards is a simple process that can help Americans get out of debt at a significantly faster rate. Half the battle these days is simply knowing about the options that are offered for saving money on credit card debt, and Smart Balance Transfers can help with their targeted information aimed at assisting consumers suffering from credit card debt.Details
Starting June 1, 2010, Gemalto and Deutsche
Post DHL are rolling out its innovative bio-sourced payment cards.Deutsche Post DHL is offering its enterprise
customers POSTCARD GOGREEN, which can be used to pay for the mailing of
letters and packages and for express deliveries. POSTCARD GOGREEN has
the same physical format and characteristics as common payment cards.
Each card is associated with the customer through a unique numeric code,
with 100,000 POSTCARDS GOGREEN being deployed in this initial roll-out.
GOGREEN is the climate protection program of Deutsche Post DHL.
GOGREEN’s goal is to reduce the CO2 emissions Deutsche Post DHL
generates for every letter and parcel sent, and across all of its
operations including subcontracted transportation services. The POSTCARD
GOGREEN complements the expanded portfolio of climate-friendly products
and services that Deutsche Post DHL launched in 2008.
Gemalto’s bio-sourced payment card is made from a renewable material
derived from corn, sugarcane and potato starch. This material is easily
recyclable and compostable through small scale industrial units and
reduces the global ecological footprint of the production process.
Turkish bank TEB and MasterCard Europe have launched a next generation debit card with the first roll-out of its new display payment card. The new technology with authentication functionality and will add new features on the card in the near future. TEB will bring the display card to consumers with a Maestro eCommerce authentication programme that kicks off in July across Turkey, with new features to be added onto the card in the near future. The display card allows a cardholder to access information and functionality hosted on the card. In the future, MasterCard and TEB plan to add a new dimension to display cards to allow
a cardholder to access information and functionality hosted on the card, such as; account balance, dynamic passcode, current loyalty points balance, list of recent transactions, updated credit/spending limit and the amount of the current transaction, with transit ticketing information just one example of future services.
The UK’s Newcastle Building Society has also committed to the first pilot of the balance display functionality later this year.
Digital security provider Gemalto has received MasterCard accreditation for its Gemalto
Consulting Services. As the first digital security company to join the
MasterCard M/Chip Accredited Third Party program, this accreditation
officially endorses Gemalto’s consulting capabilities and its
vendor-independent services in contact and contactless deployments
worldwide. Gemalto’s consulting service is designed to expedite the adoption of EMV and PayPass(TM) smart
card programs, by delivering world-class migration guidance and
technical expertise to acquirers and issuers. For this accreditation
process, Gemalto consultants’ track record in supporting contact and
contactless rollouts was evaluated against MasterCard’s requirements.
Barclaycard US and the National Football League have forged a multi-year agreement to market credit cards bearing the NFL shield logo and the logos of each of the 32 NFL clubs. These cards will be made available starting in September at stadium displays, through in-bound telephone applications and via email and direct mail invitations. They will allow users to earn points for every dollar spent which may be redeemed for unique NFL related experiences, game tickets, NFL licensed merchandise and more. This allows Barclaycard to bring a customized approach to co-branded credit cards to NFL fans, offering rewarding payment products. Delaware-based Barclaycard US creates customized, co-branded credit card programs for travel, entertainment, retail and financial institutions and employs 1,600 associates.Details
LML Patent Corp., a wholly-owned, indirect subsidiary of LML
Payment Systems Inc., announced that PNC Financial Services Group Inc. and PNC Bank N.A. have entered into a Settlement and License Agreement that
provides PNC with a license to LML’s patents for
electronic check conversion transactions including “ARC”, “WEB”, “POP”,
“TEL” and “BOC”. In connection with the Agreement, PNC has agreed to
pay LML compensation in the amount of $1,375,000 for releases,
licenses, covenants and all other rights granted under the Agreement.
LML Payment Systems Inc., through its subsidiaries Beanstream Internet
Commerce Inc. in Canada and LML Payment Systems Corp. in the U.S., is a
leading provider of financial payment processing solutions for
e-commerce and traditional businesses.
ScanSource Security has announced its 2010 Solution Series,
a multi-city educational road show created for security dealers and
resellers looking to hone their IP video skills and strengthen their
knowledge of the industryâs leading video surveillance solutions.
Through the Solution Series, ScanSource Security takes dealers past the
basics of implementing IP solutions to more advanced, focused
opportunities. Courses include: How to Create the Complete IP Video Solution; Improving the Case for Video Surveillance in Retail
Advanced IP Wireless Solution Training and Leveraging H.264 for Video Surveillance Solutions.
According to the newly released “China Mobile Payment Industry Report, 2009-2010”,
with the coming of 3G era, three major mobile operators — China Mobile,
China Telecom, China Unicom, together with financial institutions, are
actively promoting mobile payment services. In March 2010, China Mobile
announced to acquire 20% stake of Shanghai Pudong Development Bank for
the purpose of building a financial payment platform for developing
mobile payment services in the future. In May 2009, China Unicom
launched its first payment service based on 3G network in Shanghai, the
service was mobile payment service on the basis of Near Field
Communication (NFC) technology. China UnionPay announced that
large-scale pilot mobile payment services would be provided in six
provinces. In 2009, the users of mobile payment reached 108
million in China, up 25.6% yr-on-yr, and it is expected that the figure
will be 147 million in 2010. Mobile payment is likely to become the
first business mode integrating the Internet of Things (IOT) with mobile
MasterCard Worldwide has deployed its bill pay service for MasterCard
prepaid card issuers, program managers and their cardholders, leveraging
the Aliaswire payment platform. Using MasterCard ” RPPS” bill payment
solutions, the service offers prepaid partners a feature-rich bill
payment service to integrate with their prepaid card program and
allowing prepaid cardholders to conveniently pay bills online or via
telephone. Cardholders can schedule and make bill payments to anyone
directly through their providerâs cardholder website. To help manage and
track bill payments, cardholders can view payments once posted and set
reminders for upcoming due dates to help avoid late payments.
Target guests will receive 5% off at
check-out every day when they use a REDcard at any Target store or on
Target.com. Targetâs REDcards include the Target Credit Card, Target
Visa Credit Card and Target Check Card debit product. This new Rewards program will replace the current Rewards program in
which new account holders receive an initial 10% off coupon and
existing cardholders earn coupons for 10% off a future day of
shopping. Guests participating in the current program will continue to
earn points until the new program begins. This program is expected to increase the portion of Targetâs sales made
on Target credit and debit cards. Incremental accounts receivable
resulting from this program are expected to reduce the current rate of
decline in Targetâs receivables balances, allowing gross receivables to
stabilize in the range of $5 billion to $6 billion over the next few
years. For reference, Targetâs gross receivables were approximately $7.3
billion at the end of first quarter 2010.
Western Union national and international money-transfer
services are now offered at 830 Yapi Kredi bank branches throughout Turkey.
The agreement with Yapi Kredi enables
Western Union to expand its distribution network in Turkey, which
currently consists of more than 4,700 locations in 81 cities, and
potentially target YapÄ± Krediâs 6 million-strong customer base.
As the first national private bank of Turkey, YapÄ± Kredi has set the
standards for the Turkish banking sector introducing innovative products
and services for 66 years.
E-payment solution provider ACI Worldwide has entered into a
strategic partnership with Integrated Research developer of
market-leading PROGNOSIS(R) performance monitoring solutions to jointly offer ACI Payment Service Management
powered by PROGNOSIS, which is immediately available for ACI’s
BASE24(R) and BASE24-eps(R) payment processing environments.
This partnership introduces payment service management, which closely
aligns the IT services of payments with the payments line-of-business,
helping business and operations personnel understand how the financial
institution’s payments business is performing at every level. ACI
Payment Service Management powered by PROGNOSIS provides increased and
correlated visibility into the payments business through in-depth
monitoring and analysis of transactions, applications, supporting IT
infrastructure, and payments devices. The PROGNOSIS solutions from Integrated Research currently provide deep
insight and complete visibility across the entire BASE24 or BASE24-eps
infrastructure, enabling customer issues to be identified and addressed
proactively and in real time before they become widespread. The
detailed level of data PROGNOSIS provides assists stakeholders to make
informed business decisions quickly from all perspectives and increase
the profitability of payments channels and customer relationships. ACI
and Integrated Research intend to work together to extend the solution
to cover additional payment applications such as ACI Money Transfer
System(TM) and ACI Proactive Risk Manager(TM).