MoneyGram Announces Latest Global Expansion

PJSC “First Ukrainian International Bank” (FUIB) locations now facilitate MoneyGram global money transfers. FUIB is a large, privately owned bank with two decades of operations in Ukraine’s financial market. It is listed among the country’s top 10 banks serving more than 25,000 corporate customers and nearly 1.5 million individuals. Because of a high emigration rate, about 86 percent of customers in the country receive funds from family, friends and business associates. According to the World Bank, many Ukrainians are moving to countries including Russian Federation, Poland, the U.S., Kazakhstan, Israel, Germany, Italy and Spain, and often send and receive money to and from loved ones back home.

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TSYS 3Q13 Revenues Up 25.6% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] TSYS posted 3Q/13 total revenues of $588.1 million, an increase of 25.6%. Total revenues were impacted by a negative currency translation of $6.4 million. Revenues before reimbursable items were $527.0 million, an increase of 29.8%. Revenues before reimbursable items were impacted by a negative currency translation of $6.3 million. Adjusted EBITDA*…

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EFT Source and Centier Bank Presenting on Instant Issuance

EFT Source ATM and debit cards solutions announced its president will discuss how instant issuance impacts customer service on Oct. 22 during the presentation “How Instant Issuance is Shaping Customer Service,” at SourceMedia’s 21st Annual ATM, Debit & Prepaid Forum (3:20 p.m. PT at The Bellagio Hotel). He will be joined by Jeremy Miller, regional vice president of Centier Bank, to discuss how instantly issuing cards establishes your institution as superior in providing convenient, responsive service, improves cardholder satisfaction and loyalty, increases activation rates and maximizes interchange revenue. EFT Source’s patented instant issuance solution, Card@Once, enables financial institutions’ customers to simply walk into a branch and, within seconds, receive a fully functioning, active payment card. When a customer requests a card, the data is securely transferred from the branch location to EFT Source. The data is immediately processed and converted into an encrypted print file that is sent back to the branch electronically.

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Moneris Solutions Partners CenPOS Cloud Payment

Moneris Solutions partnered CenPOS cloud-based payment management solutions for the business-to-business market. Having integrated Moneris’ advanced payment processing function into its cloud-based omni-channel payment platform to transform the payment processing experience for businesses that sell to other businesses, CenPOS will integrate a suite of end-to-end transaction management tools that help B2B increase sales and minimize costs through a variety of innovative reporting tools and interchange management functions. CenPOS consolidates data from payments received through all business channels”face-to-face, online, mobile and electronic bill presentment and payment (EBPP)”into an enterprise data analytics platform. B2B companies can now quickly and easily manage this data and identify opportunities and threats that impact their bottom line.

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TransAct Extends Relationship with PCI Gaming

TransAct Technologies extended its relationship with PCI Gaming Authority to bring its Epicentral® promotion and bonusing system to a second casino operated by the tribe following the implementation of Epicentral at Wind Creek Casino & Hotel Atmore in March 2013. The deployment, which is expected to go live in late 2013 and represents an extension of the existing Epicentral system in place at Wind Creek Casino & Hotel Atmore, will bring Epicentral to all 2,500 Class II electronic games at Wind Creek Casino & Hotel Wetumpka and expand the Company’s deployment at PCI Gaming facilities to a total of approximately 4,200 games. The cost-efficient software system that enables casinos to internally develop marketing programs and promotional coupons for distribution to customers on a real-time basis at a machine. The system works with existing systems and games as it operates with a separate and distinct connection to TransAct’s Epic® 950 printer. As a result, casinos can deploy the Epicentral Print System to connect to all existing machines.

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First Data Announces New Co-GM, EMEA

First Data electronic commerce and payment processing appointed Marc Overton co-General Manager of Europe, Middle East and Africa (EMEA) and Head of the regions Retail Payments Solutions (RPS) business. He joins First Data from EE, the company that runs Orange and T-Mobile in the UK, where he held the position of Vice President of Wholesale and Machine 2 Machine (M2M). Prior to this, Overton held senior roles at leading mobile and telecommunications companies including Orange, Wanadoo and Three (Hutchison 3G). Overton’s appointment follows First Data’s unveiling of its Clover™ Station earlier this month at Money2020 in Las Vegas. The next generation POS and business management solution, developed for small and mid-sized businesses, is powered by intuitive, cloud-hosted software that comes with everything a business owner needs in one convenient package.

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MasterCard Launches Corporate Travel Solution

MasterCard (MA) announced MasterCard Travel Controller to offer travel management companies and their corporate clients the ability to reconcile expenses more quickly and securely, which helps control spending, reduce operational costs and ensure compliance with corporate travel policy. Companies of every size risk tremendous annual budget losses through unmanaged travel activity. These companies look for ways to prevent ‘leakage’ and opportunities for cost savings. Controlling spend to achieve contracted terms and policy compliance is fundamental to effective travel management. Travel Controller provides an integrated solution for issuers, Travel Management Companies (TMCs) and their corporate clients. It is unique in its functionality to match and reconcile 100% of central travel expenses to booking data. The solution also provides companies with the data needed to allocate charges to the appropriate cost centers and allows companies to expand their control over travel spend by setting custom virtual accounts for each transaction.

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Fexco TakesOver mPayments Entity

Fexco completed the acquisition and subsequent funding of mobile payments and loyalty start-up, FLASHiZ, in partnership with BNP Paribas Personal Finance. FLASHiZ focuses on the delivery of mpayment solutions using both QR codes and NFC to enable consumers to pay in shops, online, make peer-to-peer transfers and pay paper invoices. The FLASHiZ platform greatly simplifies merchant integration and opens up a new mobile payment method for consumers. Merchants can use the platform to link a variety of payment methods with loyalty and couponing functionality in a way that forges deeper relationships with their own customers. Deployed at more than 500 outlets, the company has built up a steady pipeline of new deployments in key European markets.

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Lusis Inks POS deal with Credit Agricole

Lusis payments software announced a major deal with Credit Agricole for its Tango LitePOS technology, by which Credit Agricole will integrate the POS solution into its global payment project. Credit Agricole Cards and Payments is a major European player in the payments space and its POS estate numbers approximately 300,000 terminals. Deploying TANGO LitePOS across this estate will deliver maximum flexibility, scalability and reactivity to Credit Agricole’s business. After a successful product trial over the past 12 months, the LitePOS solution for Credit Agricole, called TMS (Terminal Multi Services), is now ready for full roll out. TANGO LitePOS effectively splits a POS device into two component parts: firstly a local device and secondly a central terminal management server. By challenging the traditional POS terminal environment, it is now possible to offer a secure, more cost-effective, flexible and scalable POS environment for retailers.

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Discover Posts 3Q/13 Net Income of $593mm

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Discover Financial reported net income of $593 million or $1.20 per diluted share for the third quarter of 2013, as compared to $637 million or $1.24 per diluted share for the third quarter of 2012. The third quarter of 2013 included a $42 million reserve build while the third quarter of…

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Pilot Flying J Deploys NCR for Driver Services

NCR announced Pilot Flying J selected its complete NCR POS solution. Upgrading from a legacy transaction solution to a NCR software suite, the omni-commerce software platform streamlines deploying and managing in-store, mobile commerce and online storefront systems, ensuring consistent and personalized shopping experiences across all customer touchpoints. It is offering customer assisted check-out in their storefronts as well as mobile POS, allowing store associates greater mobility and an opportunity to assist and serve customers anywhere on the property. The combined network of more than 650 Pilot Travel Centers and Flying J Travel Plazas across North America serves more than 1.3 million customers daily.

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NICE Launches Monitoring Solution

NICE Actimize, a NICE Systems (NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, announced today the availability of the Actimizea Benchmark Monitoring Solution, a solution designed to assist in detecting and identifying rate-setting activities, processes and procedures within a single offering combining communications channel insight and incorporating alert, case management and reporting. The solution enables firms to have a better understanding of what is being discussed and traded within its trading floors from a single interface. Additionally, this provides internal compliance divisions the ability to respond rapidly to suspicious rate-rigging issues, thereby increasing chances at lowering potential regulatory risk by speeding resolutions.

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