TNS & MC

Transaction Network Services has renewed
its agreement with MasterCard to provide payment server software for MasterCard’s ecommerce platform, the MasterCard Internet Gateway Service (MiGS).
This renewed agreement cements the relationship between the TNS Payment Division and MasterCard which began in 2007. MiGS provides an outsourced payment gateway service for MasterCard’s bank acquirers and merchant customers. The MiGS platform provides Card-Not-Present transactions for online activities, including eCommerce and purchases via mobiles and telephones. It is used worldwide by more than 70 bank acquirers and over 17,000 merchants.

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VISA EXEC

Elizabeth Buse has been named Group Executive, International, with Visa effective April 1. She will oversee Visa’s global sales and client service functions across Asia-Pacific and Central Europe, the Middle East and Africa (CEMEA). Previously having served as Visa’s Global Head of Product, Elizabeth will be based in Singapore. This development follows Rupert Keeley decision to leave the company, under who’s leadership Visa’s business in the Asia Pacific region grew significantly. Now positioned for further growth Visa retail electronic payments network offers cash access in local currency in more than 170 countries.

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Visa Appoints New Group Executive, International

Elizabeth Buse has been named Group Executive, International, with Visa effective April 1. She will oversee Visa’s global sales and client service functions across Asia-Pacific and Central Europe, the Middle East and Africa (CEMEA). Previously having served as Visa’s Global Head of Product, Elizabeth will be based in Singapore. This development follows Rupert Keeley decision to leave the company, under who’s leadership Visa’s business in the Asia Pacific region grew significantly. Now positioned for further growth Visa retail electronic payments network offers cash access in local currency in more than 170 countries.

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SIVERGE & ZTE

Siverge Networks’ “Griffin”
flagship product has been selected by telecom provider ZTE for its multi service and wireless backhauling new products.
The Griffin family of chip solutions redefines the cost and performance for networking infrastructure, enabling customers to collapse different systems and line-cards into a single multi-service card, performing all the necessary transport and aggregation functions needed to create a bridge between legacy systems and new services and networks. The project is a joint work of a Siverge Networks partner, Comtech Broadband, a leading distributor and engineering services company in China. This is part of Siverge’s rapid penetration into the Chinese market, strengthening its technical and business presence in this important region. Siverge Networks recently unveiled its low-cost, high-performance Universal Gateway solution for mobile backhauling infrastructure and evolving Carrier networks. The new offering, known as the SivGate, extends the Griffin family of products, enabling cost-efficient multi-service transport and aggregation solutions – starting with low-end wireless cell site collocation and aggregation, up to high speed complete multi-service gateway for the Access and Core. SivGate provides leading-edge capabilities, while reducing R&D effort and time-to-market for customers. Siverge Networks is a leading provider of networking chip solutions.

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GEMALTO MASSIM

Gemalto is the recipient of the 2009
SmartGrid Product of the Year Award from Technology Marketing
Corporation (TMC) and Intelligent Communications Partners.
for its MASSIM solution. The MASSIM concept is an M2M specific
solution specifically designed to detect if a machine-to-machine
wireless network subscriber identification module has been removed from
a utility meter and placed illegally within another device. This
detection ensures the essential connectivity element within the smart
grid ecosystem is tamper proof, protecting the utility and wireless
operator from fraud. MASSIM is highly customizable with multiple
environmental sensing parameters and sends a service provider alert in
the event of unexpected change.

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PREPAID.COM

Vesta Corporation electronic payment solutions has introduced “Prepaid.com” recharge portal allowing mobile customers to send airtime to friends and family worldwide. Offering immediate, no-fee recharging for prepaid mobile phone accounts, “Prepaid.com” provides mobile operators with a plug and play solution that supports in-country and cross-border recharge for mobile services. These include prepaid airtime, subscriptions, and mobile broadband. This helps mobile operators capitalize on the billions of cross-border payments sent annually, and includes a variety of consumer-friendly features that have been shown to increase the lifetime value of customers. The new portal integrates easily with an operator’s infrastructure for fast time to market.

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RushCard Inks Membership Agreements to Join Green Dot

Green Dot prepaid financial services and cash reload network has inked cooperative agreements with UniRush. With this, RushCard customers can add cash to their prepaid cards using Green Dot’s “MoneyPak.” Green Dot sells its cards and offers reload services nationwide at approximately 50,000 retail stores, offering consumers convenient access to its products and services. OH-based UniRush was created to offer the over 48 million Americans without access to a traditional banking relationship an array of basic financial services via the Prepaid Visa RushCard for direct deposit, the ability to withdraw funds at over 850,000 ATMs globally and acceptance wherever Visa debit cards are accepted.

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WU NO TRANSFER FEES

To help the victims of Chile’s devastating earthquake, The Western Union Company announced a “No Transfer Fee” money-transfer program, starting Saturday, March 6, 2010, and concluding Friday, March 19, 2010, for money transfers sent to Chile from participating Agent locations in the U.S. The Western Union Foundation, as part of The Western Union Company’s corporate signature program, /Our World, Our Family//,/ announced a $50,000 donation to World Vision towards earthquake relief efforts and has also has activated its Agent Gift Matching Program in support of Chile, matching one-for-one Agent donations from around the world made to the Western Union Foundation, up to a combined match of $100,000. Western Union is encouraging employee donations to be made directly to the Western Union Foundation in support of Chile relief efforts. All employee donations will be matched two-to-one in the U.S. and three-to-one outside the U.S. Additionally, The Western Union Company has set up a special account in the U.S. benefiting World Vision in support of disaster relief efforts in Chile. Consumers in the U.S. can donate to World Vision by sending a no-fee transaction using the Western Union Quick Collect service directed to the World Vision account – CHILERELIEF, CA – for up to $5,000 until April 2, 2010, by visiting a participating Western Union^(R) Agent location or online at www.westernunion.com

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Vesta Launches Global Prepay Payment Portal

Vesta Corporation electronic payment solutions has introduced “Prepaid.com” recharge portal allowing mobile customers to send airtime to friends and family worldwide. Offering immediate, no-fee recharging for prepaid mobile phone accounts, “Prepaid.com” provides mobile operators with a plug and play solution that supports in-country and cross-border recharge for mobile services. These include prepaid airtime, subscriptions, and mobile broadband. This helps mobile operators capitalize on the billions of cross-border payments sent annually, and includes a variety of consumer-friendly features that have been shown to increase the lifetime value of customers. The new portal integrates easily with an operator’s infrastructure for fast time to market.

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RDSI to Process for for Port Austin Bank

Rurban Financial full-service community banking, investment management, trust services and bank data and item processing, has announced that Port Austin State Bank of Port Austin, Michigan, has selected the Single Source core banking application offered exclusively through RDSI Banking Systems. Ohio-based Rurban Financial is a publicly-held financial services holding company. Its wholly-owned subsidiaries include The State Bank and Trust Company, including Reliance Financial Services and RDSI Banking Systems (RDSI), including DCM. Rurban has 10,000,000 shares of stock authorized and 4,861,779 shares outstanding.

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US Alliance Group Appoints New President

Greg Mahoney has been appointed President of the US Alliance Group (USAG). Having created and executed strategic programs that have resulted in significant sales growth over the last two years, in his new role Mahoney will oversee the entire operation and the expansion plan. Greg joined USAG in 2007 as SVP, after serving as EVP of Electronic Cash Systems and as GM for Ingram Micro. Mahoney holds a Bachelor of Science degree from California Polytechnic University, San Luis Obispo. CA-based US Alliance Group offers complete payment processing solutions with Credit Card Processing, ATM, ACH, RDC, Check Cashing, Bill Payment, Gift Cards, MasterCard Issuing and Prepaid Products.

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