Underbanked to get mobile wallet with Mozido

Mozido mobile financial services, through its subsidiary Centralized Strategic Services Ltd (CSS), have partnered to create a mobile wallet, branded JCUES (Jamaica Credit Unions E-payment Services), that extends financial services to Jamaica’s underbanked population. Mozido’s mobile financial services technology enabled JCCUL, which represents 42 credit unions serving over a third of the nation’s consumers, to launch a stored-value account mobile wallet initiative that delivers banking options to Jamaica’s estimated two million underbanked citizens, and also brings mobile payments and loyalty services to thousands of merchants. After a one-year initial phase, the Bank of Jamaica has approved phase two pilot of JCUES, now allowing any Jamaican to sign up, add money, and pay for goods and services without the need for a bank account. Phase two of JCUES doubles the target market base in Jamaica, giving over two-million citizens the opportunity for full control over their finances, many for the first time ever.

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SIX Financial Information Announces IT Upgrades

SIX Financial Information emphasizes its dedication to providing an innovative and targeted ASP solution to the financial industry with the new release of the VDF Event Diary. The new VDF Event Diary 5.0 comes with a wide range of new features based on industry feedback. One important extension is the possibility to search and filter for detailed tax information like the final withholding tax, financial transaction tax, EU interest income taxation and local taxes per market. Another important feature allows clients to work on different portfolios and sub-portfolios within the VDF Event Diary. Each customer can define multiple sub-portfolios based on their own instrument universe. In addition, business users can use the filter to focus on the corporate actions that are the most relevant to them.

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Ingenico integrates SEQR Payment

Ingenico Payment Services partners Seamless prepaid systems provider, to integrate Seamless’s SEQR app into Ingenico Payment Services’ online payment platform. The partnership will enable Colruyt Group – a leading Belgian food distribution group and a client of Ingenico Payment Services (formerly Ogone) since 2008 – to offer its customers an alternative online payment method using smartphones. Shoppers at three of the Colruyt Group’s e-commerce sites – are able to pay for online purchases using their smartphones no matter which banks they use. This new mobile payment method will become available in the Group’s physical stores in 2015. This new payment method offers consumers improved online shopping speed and convenience.

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EVO Payments Inks Bank of Ireland

EVO Payments International (EVO) card payment acquirer entered into a long-term, exclusive relationship with Bank of Ireland to provide merchant acquiring services in the Republic of Ireland and Northern Ireland. The roll out of these services – which will be marketed under the name Bank of Ireland Payment Acceptance – will commence later this year. Under this exclusive arrangement, Bank of Ireland and EVO will provide merchant customers with a wide range of market-leading debit and credit card payment solutions. By combining EVO’s full suite of services with the Bank’s reputation and reach, Bank of Ireland Payment Acceptance will offer a variety of solutions that will appeal to both new and existing customers.

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