MoneyGram Enhaces Post Office Relations

MoneyGram global money transfer and payment services extended its exclusive relationship with Post Office Limited. This allows customers to send and receive funds at over 11,500 Post Offices across the UK. The Post Office, which serves almost 18 million people a week, has been a MoneyGram agent since 1997. MoneyGram and the Post Office’s network are committed to meeting the needs of consumers who want convenient, reliable and fast money transfer services.

Details

HSBC Boasts ISA Through Latest App

HSBC customers can now open a Loyalty Cash ISA on the go via their HSBC mobile banking app, which rewards customers with a loyalty rate when they pay at least £1 into the ISA each year (currently between 1.4% and 1.6% AER variable depending on the current account they hold). It is the first time the bank has offered an account opening service to mobile banking app users. Customers will be able to apply quickly and easily, transferring money into their ISA as soon as it is open. The application form will be pre-filled with their personal information, and it takes just three clicks to open the account and transfer funds in, all of which happens in real time. All existing app users will receive this feature through an automatic update.

Details

FircoSoft Adds RTM to Partner Network

FircoSoft, the leading global provider of watch list filtering solutions, announced today that Rede de Telecomunicações para o Mercado (RTM), a Brazilian Service Bureau, went live with Firco Continuity. Founded in 1997, RTM, a leading service provider in Brazil, offers outsourced SWIFT connectivity to over 35 Brazilian banks. Today, five banks are using the Firco Continuity transaction filtering service provided by RTM and “powered” by FircoSoft to detect and block transactions including listed parties list, and eliminate the risk of processing illegal transactions.

Details

PayRange Mobile Payment System

The PayRange system includes Blukey™ hardware, a mobile app and service, and is poised to be the world’s simplest payment solution for machines. When users are in “PayRange””or about arm’s length from the machine”they receive an alert and can then immediately “swipe” their finger on their smartphone’s touchscreen to send payment to the machine via a Bluetooth LE connection.

Details

Diebold Unveils Green, Power-Efficient ATM

The Diebold 429 ATM intelligent-powered ATM is designed to use as little as 70 watts of power, consuming up to 40 percent less energy than other models. Currently available in the Indian market, the Diebold 429 ATM could save enough energy annually to power more than 1,200 Indian households. The Diebold 429 offers a solution for financial institutions to better serve people living in areas with limited power. In India for example, approximately 40 percent of the country’s population is underbanked. Diebold was the industry’s only global ATM provider with the ability to deliver a workable solution that met India’s uninterruptible power supply requirements. Diebold is delivering 2,100 Diebold 429 ATMs for India’s Bank of Baroda (BoB), making it possible for BoB to expand self-service options to locations – and consumers – it could not previously reach. The system automatically chooses which power source to draw from – either the internal battery or alternating current (AC) power grid – ensuring that the unit does not exceed 100 watts of power usage.

Details

Pulse to Accept EMV Visa Debit

Visa and PULSE signed agreements to enable financial institutions that issue EMV debit cards on both the Visa and PULSE networks to use Visa’s common debit solution. Visa’s common application identifier (AID) supports U.S. debit regulations requiring the ability to route transactions over multiple, unaffiliated networks. A common debit solution shared among all participants will help to accelerate EMV chip adoption in the United States and provide a uniform platform that will enable network innovation. PULSE will use functionality on Visa’s common AID to facilitate all types of point-of-sale debit transactions on its network. In addition, the agreement enables PULSE to facilitate domestic ATM transactions on its network and provides for issuer choice in the routing of ATM transactions.

Details

USA Technologies Upgrade ePort Connect for Tokens

USA Technologies enhanced its ePort Connect service that expand and strengthen its menu of value-added cashless payment, telemetry and consumer engagement services designed for self-serve retailing industries such as vending, amusement and arcade, commercial laundry and kiosk. The upgrade includes special enhancements such as secure card tokenization, new capabilities designed to optimize USAT’s loyalty and prepaid program, MORE., in micro-market environments and new operational tools designed to provide customers additional real-time data about the status of their connected devices. Information regarding some of the latest enhancements to ePort Connect® follows.

Details

Sionic Mobile Adds Google Wallet

Sionic Mobile announced it has added and now features the ability to pay with Google Wallet in its ION Rewards® app for Android, available for free in Google Play. For a limited introductory period, users will get paid double ION rewards, two percent of their purchase amount, each time they checkout using the “Buy with Google” option. ION is the first fully digital cloud-based mCommerce platform and may be used at more than 25,000 retail and restaurant locations including Lowe’s, Staples, Sephora and Papa John’s Pizza.

Details

Oink Partners with Plinga For Payment Technology

Oink announced that it has partnered with Plinga GmbH to provide a safe, seamless payment technology for their social games. Plinga’s 15 currently published titles are played by more than 30 million users per month, in 16 different languages, and on more than 2,000 social networks and web portals around the globe. Oink is a mobile-first payment technology designed to allow retailers and game publishers to reach consumers in a safe, legal and effective manner compliant with the FTC and other international regulations. The award-winning technology serves as a digital family wallet that is available online or via mobile and allows safe, secure transactions – and can be enhanced with parental controls.

Details

SmartMetric Predicts Judgement on Against Visa and MasterCard

SmartMetric expects that its motions which it has brought in its patent infringement law suit against both Visa and MasterCard to be heard by the US Federal Circuit Court this coming May.
If, as expected, the Court’s hearing is held in May, then a ruling can be reasonably expected by June 2014. SmartMetric is asking the Federal Circuit Court to make a ruling on its motions before the Court that both defendants, Visa and MasterCard are in control of the EMV technology used on the new chip credit and debit cards and therefore are liable as patent infringing parties. In representations to the court Visa and MasterCard have denied they “control” the offending technology therefore should not be held liable. SmartMetric believes this to be a preposterous position of the card company’s especially in the light that both company’s expert witnesses under oath in deposition have acknowledged that Visa and Mastercard do control the technology.

Details

MoneyGram Expands in Brazil

Consumers in Brazil have more options when they send and receive money transfers thanks to an agreement with MoneyGram and São Paulo, Brazil-based Confidence Câmbio. Customers can now use MoneyGram services at 69 Confidence Câmbio stores across the country. Confidence Câmbio is a well-known company with a presence in many of the largest cities in Brazil. It is part of Confidence Group which also owns the first foreign exchange bank in this country. Group Confidence is part of Travelex – the largest foreign exchange group in the world.

Details

MasterCard MasterPass Hits New Market

MasterCard launched MasterPass, its cutting edge digital service in China, enabling Chinese consumers to be the first in Asia to experience a simpler, quicker and more secure way to shop online and overseas, at thousands of MasterPass-accepting online retailers. China Construction Bank, with the largest cardholder base in the country, will be the first issuer to leverage the MasterPass platform to enable its digital wallet, LongPass. MasterPass enables consumers to make online payments in a comfortable, fast and safe way as they can conveniently and securely store their MasterCard and other branded credit, debit and prepaid card information, shipping details and more, simplifying the process of completing a transaction from any connected device including PCs, tablets and smartphones.

Details