Citi Commercial Cards Deploys Mobile Account Management

Citi Commercial Cards has rolled-out CitiManager Mobile, a mobile-optimized version of the CitiManager desktop portal, Citi’s state-of-the- art account management tool. With the CitiManager Mobile site, Citi corporate cardholders can easily view their accounts, statements and new transactions from multiple device types, including iPhone, Windows, Android, and Blackberry. CitiManager Mobile is accessible in 22 languages…

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CSR to Present on Credit Card Data Security Protection

CSR data compliance solutions and expert business services that helps organizations turn compliance into revenue, announced that Director of Consulting Services Linda Grimm will speak to attendees of the NorthEast Acquirers Association (NEAA) 2013 Summer Seminar on June 12th about the business threat of mishandling PCI and other personal data. Grimm will provide the latest news affecting merchants and their service providers in “The Future of PCI – Protecting Only Credit Card Data Isn’t Enough: How to Use Personal Data Protection Services to Improve Customer Retention and Boost Your Bottom Line” at the Hilton Hotel in East Brunswick, N.J. The NEAA provides an educational forum for financial institutions and members of the acquiring industry whose attendees will hear Grimm describe the opportunity to provide revenue-generating services their merchants need at a time of mounting pressure for federal legislation that would hold merchants accountable for data security. Class action data breach lawsuits highlight the need for all organizations to protect all personally identifiable (PII) and protected health information. By helping merchants go beyond protecting credit card data, just one type of PII, the payments community can be first to fill a need for security services that binds relationships and generates significant new revenues.

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Conestoga Expands NCR ATM Video Implementation

Conestoga Bank is expanding its interactive video banking program with NCR Corporation. Expanding on its use of interactive video tellers to conduct transactions from uGenius, which NCR purchased in January 2013, the Bank is installing two additional personal teller machines (PTMs) into their new Bankwerx. These PTMs connect bank customers to a live, remote teller via a two-way video/audio conversation over an ATM. The remote tellers have full control of ATM functions, creating an interactive experience in which customers can complete more than 95 percent of typical branch transactions and do them faster – with transaction times typically 33 percent faster than an average teller interaction.

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Virtual Piggy and MWRC Partner on Secure Youth Payments

Virtual Piggy safe youth payments will integrate its youth-friendly payment system into the MWRC ExoVend ecommerce platform.This strategic partnership gives Virtual Piggy the ability to integrate into many global and start-up merchants that fall under the MWRC umbrella, including Body Glove International, Sea Doo SeaScooters, Channel Island Surfboards, and Frankie B. The scope of the partnership spans from action sports (surf, snow, water, moto) to leading fashion brands.

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MasterCard Names Country Manager

MasterCard announced the appointment of Syed Mohammad Kamal as country manager for Bangladesh and Mohammad Anwar Hossain as director, business development to reaffirm its commitment to South Asia. The decision to build a stronger presence locally has come about in part to the rapid development and industrialization the country has been seeing over the last few years and the promise of further growth which could be achieved through a more robust electronic banking and payments system. Kamal will be based in Dhaka and report to Vikas Varma, area head, South Asia, MasterCard Worldwide. He will be tasked with executing MasterCard’s strategy in Bangladesh, working closely with partner financial institutions, merchants and regulators.

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Wirecard and payleven Ink mPayments Alliance

Wirecard AG and payleven agreed on a strategic alliance for new mobile payments technologies. payleven’s chip and PIN-card readers are primarily geared to SMEs while this partnership is based on the international expansion of M-POS. Wirecard AG is one of the world’s leading independent providers of outsourcing and white label solutions for electronic payment transactions, and will contribute its core competences to the alliance. This expertise includes both acquiring and also central process stages for mobile card reader technology: from risk and fraud management and processing services as well as certifications and licenses through to hardware development. Wirecard’s white label program for mobile card readers is geared to sales partners who can design the product with their own look and feel.

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ACI Worldwide Announces New Banking Services Client

ACI Worldwide announced Desert Schools Federal Credit Union ($3.1 billion in assets) selected its online banking and bill payment services to enhance its technology services to over 321,000 members. The institution selected ACI’s Architect Banking for its flexibility and configurability for delivering online and mobile banking capabilities. By utilizing the Software Developers Kit (SDK), DSFCU will have the tools needed to grow its online banking application to meet the ever-changing needs of its member base, all while providing a user experience that is highly intuitive and personalized. ACI’s Electronic Biller Directory and proprietary Real-time Digital Scanline technology maximizes payment accuracy for both DSFCU and its members, resulting in faster payment delivery and fewer payment errors.

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TSYS Inks Extended Payments Agreement Partner

TSYS announced that it has signed a long-term payments agreement with KeyBank to provide payment processing for the bank’s consumer credit card portfolio. KeyBank made the strategic decision to bolster its payments business last year and begin self-issuing credit cards. At that time, Key purchased a $725 million Key-branded credit card portfolio from Elan Financial Services. KeyBank has selected TSYS’ TS2 platform to convert the portfolio and issue new cards going forward. In addition, KeyBank has contracted with TSYS to provide fraud prevention and risk management services to bank clients. TSYS’ past success with KeyBank involved a smaller portfolio acquisition conversion to the TSYS Program Solutions (TPS) platform in 2012.

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Gemalto Introduces Micro-banking Technology

Gemalto is providing its smart card based solution to Dipon Consultancy Services Limited (DCSL) for their financial inclusion project. DCSL has deployed DG-ePay (Dipon Group-ePay) Service Points at major public places throughout the country. End users can enroll themselves and open an account at any of the DG-ePay Service Points. The Gemalto smart cards contain an embedded software application that securely stores the holder’s facial image and fingerprint data captured upon enrollment. End user transactions are validated using biometric authentication, providing a superior level of convenience and security to all, including illiterate users. The Gemalto solution facilitates daily life financial services, such as account opening, deposit, withdrawal, transfer, loan repayment and remittances. DCSL has already delivered 200,000 cards to end users.

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Discover JCB’s Preferred Choice for Global ATM Transactions

Discover Financial Services, parent company of PULSE Network LLC, announced that U.S. ATM acquirers will soon have the ability to route JCB transactions over the PULSE Network, as PULSE becomes JCB’s preferred choice for global ATM transactions. ATMs in PULSE’s U.S. network will be able to accept JCB transactions beginning in August 2013. The agreement is expected to increase volume on the ATM network for both JCB and Discover, which currently has more than 415,000 U.S. ATMs and more than 1 million ATM and cash access locations around the globe.

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WEX to Provide Globalia Virtual Payments

WEX corporate payment solutions signed an agreement with Globalia air, hotel and travel related services, to provide the WEX Travel solution. The agreement emphasizes WEX’s commitment to service customers across Europe with its virtual payment technology. The WEX Travel solution allows Globalia to reduce costs, increase efficiencies, and improve security with its pioneering single use virtual card technology. The WEX Travel product provides businesses with the ability to use single use virtual cards for travel booking; reduce costs and increase efficiency; streamline payment reconciliation; earn revenue share on processed payments; and integrate with existing systems to support high volume operational environments.

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