Discover Now Issued Through RSB

Discover Financial and Russian Standard Bank (RSB) extended their existing relationship to allow for RSB to become the exclusive partner for Russian issuance, acceptance and promotion of Discover cards, facilitating the first time Discover cards will be issued in Europe. This marks a new stage in the development in which Russian consumers will be offered Discover Discover is one of the largest credit card issuers in the US and a pioneer of cash rewards programs of the North American market.

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Fundtech Success Overseas with Payments Client

Fundtech global transaction banking solutions is working on Immediate Payments implementations with six financial institutions, all of which will implement its “Global PAYplus” on the Immediate Payments G3 system. They will ise “Global PAYplus – Services Platform (GPP-SP)” for their Immediate Payments G3 deployment, an advanced SOA (Service Oriented Architecture) Payments Services Hub that is able to deliver nearly 100% STP (Straight Through Processing) automation. Its rules-based design provides banks with the flexibility to streamline G3-specific real-time configurable workflows and adapt to future changes to the G3 payments scheme. Fundtech GPP has enabled Barclays to be the first bank to offer UK Faster Payments to its business customers.

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US businesses Now Process 15.5B Remittances Monthly

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. businesses now process 15.5 billion remittances monthly with domestic and international trading partners, only 14% of which are sent simultaneously with payments, indicating businesses currently re-associate the remaining 13.3 billion remittances that are sent separately each month. For businesses, the timeliness of remittance information is the most important aspect of…

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Western Union Expands Intl Business Payments

Western Union Business Solutions launched its business-to-business service in for cross-border payment services in Chile, Cyprus and Jordan. In Chile, Western Union Business Solutions’ payment offerings will be provided by Chilexpress, a leading courier and logistics company with a presence in over 360 Chilean cities. Chilexpress has a strong customer base in a growing market that registers more than 140,000 SMEs. In Cyprus, Western Union Business Solutions will be introduced via GAP Vassilopoulos, a leading logistics provider with a strong SME client base while Western Union Business Solutions’ partner in Jordan is Kamal Exchange.

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Union First Market Bank Launches iPad Banking

Union First Market Bank launched its ‘Tablet Banking’ for the iPad through Intuit Financial Services. Allowing users to access a wide variety of mobile banking functions, the Intuit solution gives access to view account balances and account transaction history; funds transfer; to pay bills on the spot; locate nearby ATMs; and access to bank websites. A recent Intuit study1 of 50,000 mobile banking customers found that people using a combination of online and mobile solutions are 45 percent more likely to interact with their financial institution than those who only go online.

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Broadridge Conforms Trade Platform to Dodd-Frank

Broadridge Financial Solutions has enhanced its “PROactive Matching” platform to help financial organizations meet the new Dodd-Frank disclosure requirements for foreign exchange (FX) trade repositories. Requiring firms to identify individual FX transactions to new data repositories by using a Universal Swap Identifier (USI) that uniquely indentifies each trade, the Dodd-Frank requirement is now facilitated in “PROactive Matching.” It offers a highly efficient pre-settlement confirmation matching solution that offers a single point of control for the matching and management of multiple confirmation sources, such as FpML (XML), Web Portal, email, fax, paper and SWIFT messaging.

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WePay does a YouTube with new payments embed code

WePay online payment announced buttons that allow merchants to accept payments on their own sites without requiring them to write code or redirect their customers. It’s as easy as copy-and-paste. No Programming – If you can embed a YouTube video you can accept payments with WePay. It’s as easy as copy-and-paste. No Redirect – The entire checkout process takes place on your site. Your customers never have to leave. Just embed the button, and we’ll handle the rest. Simple Pricing – No setup, monthly, or hidden fees. Just 2.9% + 30¢ for credit cards and 1% + 30¢ for bank payments. ‘Add to Cart’ buttons let you sell multiple items; ‘Donate’ buttons help you raise money online; ‘Register’ buttons make event registration simple.

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Kilowatt Credit Union chooses First Data Debit processing

Kilowatt Credit Union selected First Data for debit processing services. Having joined the Star Network, signing a multi-year agreement under which STAR will provide PIN-secured debit point-of-sale (POS) and ATM access to its cardholders, Kilowatt Credit Union serves the employees and families of Alliant Energy Corporation and its subsidiaries. The League has had a relationship with First Data for debit processing services for more than a decade. STAR EFT networks has more than 2 million retail and ATM locations, and a First Data company. First Data is a global leader in electronic commerce and payment processing.

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Animas Credit Union Selects XP2 from Fiserv

Fiserv financial services technology solutions and the leading provider of business driven technology solutions for credit unions, announced Animas Credit Union implemented its “XP2” account processing solution. Animas Credit Union also selected “Mobiliti” for mobile banking, Virtual Branch® for home banking, bill payment and online lending, ConvergeIT®: IVR for voice response and Wisdom™: Accounting for financial management, as well as solutions for ATM and debit processing and card, print and e-statement production.

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Crédit Agricole Cards & Payments Deploy Sterci GTMatch

Sterci France announced that Crédit Agricole Cards & Payments, Crédit Agricole’s platform for message flow and payments, is live with GTMatch for the reconciliation and cash sweeping of Nostri Accounts for Credit Agricole S.A. The solution employed comprises both the replacement of the reconciliation tool for NOSTRI accounts, along with the optimisation of the cash sweeping function for foreign currency NOSTRI accounts.

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epay Brazil Intros Terra Gift Cards

epay prepaid products of Euronet Worldwide announced the retail launch of the “Sonora” and “Sunday TV” gift cards from Terra, the largest online media company in Latin America. The launch at Grupo Pão de Açucar (GPA), Brazil’s largest retailer, marks the first time the Terra gift cards are available in a retail environment. Sonora is the largest streaming music service in Latin America, enabling consumers to download MP3s to any device, and Sunday TV provides premium video on demand (VOD) content. Previously, Terra only sold subscriptions online and at temporary mall kiosks with credit cards as the only accepted payment method. The partnership with epay opens a new sales and distribution channel to Terra that increases the exposure of its brand, reaches new customers, creates loyalty and empowers consumers to have a new shopping experience for fun and online entertainment.

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