VantageScore Solutions Addresses How Credit Scores Are Impacted

VantageScore made available its consumer-facing white paper to explain how and why credit scores change often, how certain common credit-related activities impact credit scores, and how to improve one’s credit score. The “Assume the Role of Managing Your Credit Prudently and Watch Your Credit Score Improve” white paper includes easy-to-follow graphics demonstrating the impact on a credit score from such things as missed payments, a credit inquiry and closing a credit account. It also includes sample consumer profiles ranging from consumers with high credit scores, those with low credit scores and those in between, as well as ways each type of consumer can improve one’s scores both in the short- and long-term. VantageScore Solutions created these profiles so that consumers can have a directional guide that easily explains how certain activities might impact their own credit scores.

Details

mopay Expands mPayments Portfolio Internationally

mopay payment solutions for online merchants deployed its large-scale network extension initiative in the Middle East & North African (MENA) region. The company’s approach is backed by superior online growth numbers, the absence of alternative payment methods and a lack of customer confidence in conventional payment methods. mopay’s MENA coverage includes Bahrain, Egypt, Jordan, Kuwait, Lebanon, Libya, Morocco, Qatar, Saudi Arabia, Syria, Tunisia, Turkey, the United Arab Emirates and Yemen. Saudi Arabia, the United Arab Emirates and Qatar are the leading MENA countries in terms of online users and online penetration.

Details

Chase Launches Disney’s Visa Debit Card

Chase launched the latest Disney Visa Debit Card, offering access to special Cardmember perks when visiting Walt Disney World® and the Disneyland® Resorts and when shopping at DisneyStore.com and Disney Store locations. With no annual fee, Disney’s Visa Debit offers Cardmembers 10% off on select merchandise purchases of $50 or more at DisneyStore.com and Disney Store locations and at select locations at Walt Disney World® and the Disneyland® Resorts; access to a private Cardmember location at Walt Disney World® and the Disneyland® Resorts; 10% off select dining locations at Walt Disney World® and Disneyland® Resorts; 20% off the non-discounted price of select guided tours; $50 onboard credit when Cardmembers pay for their Disney Cruise Line® vacation in full with their Disney’s Visa® Card and mention this offer; and access to a dedicated toll-free customer service phone number.

Details

Capital Payments Merges with Bluefin Payment Systems

Capital Payments has merged with Bluefin Payment Systems in an effort to stay ahead of a growing demand for secure gateway solutions in the payment industry. Capital Payments will begin offering payment acceptance technology solutions leveraging Bluefin’s processing platform, which specializes in secure payment processing solutions, including tokenization, end-to-end encryption, transparent redirection, and mobile payments. Bluefin Payment Systems was founded in 2002 by Ruston Miles to provide the market with a suite of advanced payment acceptance solutions as well as services that help take merchants out of PCI compliance scope.

Details

U.S. Bank Acquires TransCard’s Heavy Truck Fuel Card Network

U.S. Bank fuel card services for Class 1-6 cars and light trucks, is entering the large commercial truck market with the acquisition of TransCard’s Class 7-8 fuel card network, including the product technology and its nationwide acceptance network. The platform was developed by TransCard in partnership with U.S. Xpress, the nation’s second-largest privately owned truckload carrier, which will become the premier client of the new dual-function U.S. Bank Over The Road Card program, scheduled to launch in September. The MasterCard prepaid account allows direct deposit of payroll or other funds onto the card, which can be used wherever Debit MasterCard is accepted.

Details

Financial Transaction Services Implements Trustwave PCI Compliance

Financial Transaction Services (FTS), a full-service provider of electronic transaction processing services, has selected Trustwave to provide PCI DSS compliance validation solutions for its merchants. FTS engaged Trustwave to provide its merchants with access to TrustKeeper(R) PCI Manager, Trustwave’s innovative security and compliance cloud portal. TrustKeeper PCI Manager simplifies merchants’ compliance efforts including moving merchants through the complex compliance process with greater ease and efficiency by making the tasks achievable for non-technical users. This helps facilitate PCI DSS compliance validation for merchants or acquirers, independent services organizations (ISOs), and processors with large merchant populations.

Details

Chase Slate with Blueprint Shows More Consumers Creating Budgets

Chase Slate with Blueprint released survey findings on how back-to-school shoppers are managing their spending and borrowing, indicating shoppers are taking a more financially responsible approach. With this, 38% indicate they have a set budget for school-related expenses; in 2011, only 26 percent of people had created a budget for their back-to-school shopping. Clothing is the top category in regards to largest expense, as disclosed by 43% of back-to-school shoppers. This was followed by books or technology, according to 24% and 23% of respondents, respectively. To save money, 39% will purchase necessities such as books first and only buy discretionary items with remaining funds; 34% will make a list and stick to it; 26% will shop online; 17% will begin shopping after school starts; and 7% will leave kids at home when shopping.

Details

Fiserv Launches Mobile App for UChoose Rewards

Fiserv financial services technology solutions launched a mobile app for its UChoose Rewards debit and credit card rewards program, letting participant use a mobile app to check and redeem their reward points. Participants can also scan UPC codes on merchandise in a store to determine if the item is available through their rewards program and how many points are required to purchase it. UChoose Rewards participants can download the mobile application from Google Play for use on Android™ devices or iTunes® for use on iPhone® or iPad devices. Fiserv also launched a new UChoose Rewards participant website, giving cardholders enhanced search functionality to make redeeming points easier.

Details

WorldPay US Certifies Encore Networks M2M for ATMs

Encore Networks Machine-to-Machine (M2M) solutions for fixed and wireless communications, announced that WorldPay US certified Encore’s line of C2C routers for wireless ATM transactions. The C2C router was approved for global wireless transactions over the WorldPay processing platform. The C2C is immediately available to WorldPay ATM clients. Encore Networks and its C2C™ line of wireless and wireline routers will be on display at the 2012 WorldPay ATM Distributor Conference. This year’s conference is being held September 18 – 20, 2012, in Atlanta, GA.

Details