Deutsche Card Announces Prepaid Partnership

Prepaid Financial Services prepaid solutions and Deutsche Card Services signed a strategic partnership to develop and deliver innovative prepaid card solutions. The strategic agreement is an outcome of the prepaid card providers’ continuous expansion in new territories and the full-service acquirer and payment service providers’ aim to deliver excellent solutions in response to client demands. For this, Prepaid Financial Services will work with Deutsche Card Services to develop prepaid card solutions for corporate clients. Prepaid solutions can be beneficial for travel and other corporate expenses, payment of disbursements, benefit payments, compensation payments e.g. for airlines and insurance companies and payroll administration, especially where banking facilities are underdeveloped.

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FIS Broadens mFinancial Offering, Acquires mFoundry

FIS banking and payments technology signed a definitive agreement to acquire the remaining 78% interest in mFoundry mobile banking and payment solutions for financial institutions and retailers. In mFoundry, FIS previously held a 22% interest. This development creates one of the leading mobile entities in the financial services space and enables FIS to leverage its technology assets across a broader client base. mFoundry’s customer-focused solutions have become a leading platform for mobile banking and mobile retail and have been adopted by some of the largest banks, credit unions, payments processors and retailers in the country.

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Acculynk Payments Processing Launches Developer Integration Tools

Acculynk’s “PayLeap” payment gateway and payments processing solution has introduced a comprehensive suite of developer tools and SDKs to provide simple integration of the service into mobile merchant applications and e-commerce sites. PayLeap now provides a full complement of API developer tools, such as SDK’s for Python, Java, Ruby, .Net and PHP, paired with Java-based wrappers, taking PayLeap’s gateway and service products to the next level in terms of integration simplicity. PayLeap is the only payments processing platform that enables Internet PIN debit, which provides merchants an extra layer of security for debit card transactions, helping reduce fraud and chargebacks for merchants, while offering opportunities for sales lift by enabling the millions of consumers with PIN-only debit cards.

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MasterCard Expands IHG Alliance into the U.S.

MasterCard announced a multi-year U.S. agreement with IHG (InterContinental Hotels Group) naming MasterCard as the exclusive co-branded card for IHG’s hotel loyalty rewards consumer credit card portfolio. This further strengthens the relationship between IHG and MasterCard that includes a successful Priority Club World MasterCard co-branded card program. IHG’s Priority Club® Rewards is the hotel industry’s fastest growing and largest guest loyalty program, reaching more than 4,500 hotels across seven global IHG brands, including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotel & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites® as well as the Holiday Inn Resort® and InterContinental® Alliance Resorts brands in North America.

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ControlScan CEO Elected to W.net Board of Directors

ControlScan CEO Joan E. Herbig has been elected to the 2013 board of directors for the Women’s Network in Electronic Transactions (W.net) electronic transaction association. Herbig is one of three new directors who have joined the organization to help further its mission to provide a forum that inspires and empowers women in the electronic transactions industry through networking opportunities, mentoring programs and more. Herbig became CEO of Atlanta-based ControlScan in 2007, where she successfully transitioned the company into its present role as an expert provider of PCI and data security solutions for small to mid-sized merchants and the acquirers serving them. Herbig brings with her three years’ experience as CEO of Cambia Security after having served as CEO of mobile device systems management firm XcelleNet.

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Vindicia and WorldPay Partner on Intl Payment Acceptance

Vindicia Subscription Billing and WorldPay payments processing, risk and alternative payments, announced a partnership to deliver enhanced payment acceptance capability to Vindicia’s digital eCommerce merchants. The alliance integrates WorldPay’s payment processing capabilities into Vindicia’s billing platform, CashBox, which is specifically designed for the digital industry. As a result, CashBox customers will be able to benefit from expanded international reach, comprehensive support for major merchant cards, and preferred regional networks and payment methods. Vindicia customers will gain access to numerous global payment methods and 115 currencies provided by WorldPay’s worldwide network.

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Visa Board Elects New Independent Chair

The Visa Board of Directors has elected Robert W. Matschullat its non-executive, independent chair, just as John Swainson’s term as Lead Director will end and will return to chair position Matschullat has been a Visa director since October 2007 and served as both Chairman and interim Chief Executive Officer of The Clorox Company and is currently its Lead Director. He also served on the boards of The Seagram Company Limited, Morgan Stanley & Co. Incorporated and of the McKesson Corporation. Mr. Matschullat currently serves on the board of directors of The Clorox Company and The Walt Disney Company.

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Paymetric Finalist in Info Security Products Guide Awards

Paymetric integrated and secure enterprise payment acceptance solutions has been named a finalist in two categories for the Info Security Products Guide. These global awards recognize security and IT vendors with advanced, ground-breaking products and solutions that are helping set the bar higher for others in all areas of security and technologies. The categories include PCI Compliance for Paymetric’s Data Intercept Solutions for XiSecure™ On-Demand and Security Products and Solutions for Enterprise (Large) for Paymetric’s Data Intercept Solutions for XiSecure™ On-Demand.

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Barclaycard and Amex Forge Card Issuing Agreement

Barclaycard and American Express agreed to expand the scope of their current global relationships with Barclaycard becoming an American Express card issuing partner in the UK. Building on their existing relationships, this partnership will enable Barclaycard card acceptance on the American Express global network in the UK. Barclaycard and American Express currently have a number of business relationships around the world, including in the U.S for card issuing, and the UK for acceptance of payments. Barclaycard and American Express will commence product development during 2013.

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Wirecard Supports Telefonica mPayment

At this year’s Hubert Burda Media Digital Conference (DLD), Telefónica Germany introduced new solutions for direct money transfer from smartphone to smartphone (person to person) and their digital wallet as part of a show case. This is based on technical implementation by Wirecard AG, which is both a software company and card-issuing bank. Wirecard manages the processes that Telefónica needs, such as payment processing and the provisioning of the virtual “O2 Wallet mpass Card” to NFC-enabled SIM cards. The next developmental stage will follow soon with the O2 Wallet, the digital wallet of Telefónica.

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