MoneyGram Warns Consumers of Scammers

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MoneyGram, a leading global money transfer company, is advising consumers not to pack away caution and common sense during the summer vacation season. According to Kim Garner, senior vice president of global security and investigations for MoneyGram, two scams that attempt to steal funds through a money transfer – but are…

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Intuit Launches Free Payment Reminder App

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Intuit has launched MoneyDue, a free app that turns business appointments into payment reminders on iPhone and iPod Touch devices. The new app from Intuit PaymentNetwork uses the calendar feature on the iPhone or iPod Touch to convert calendar appointments into payment reminders, and gives small business owners the ability to…

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CFSI Presents The 7th Annual Underbanked Financial Services Forum

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Co-sponsored by the Center for Financial Services Innovation and SourceMedia, the Underbanked Financial Services Forum is a national event focused squarely on fostering a cross-sector audience for critical learning and dialogue to create the conditions for innovation around serving the financially underserved. We expect more than 600 participants representing banks, credit…

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Bluepoint Partners Operation School Bell on School Supplies

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bluepoint Solutions announced it is partnering with the Las Vegas chapter of the national Assistance League to support the needs of Operation School Bell, a volunteer-based program that provides children in need with new school clothing, jackets, shoes, backpacks and school supplies. The program is designed to assist students from kindergarten…

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Mi-Pay Launches Facebook Payment App

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mi-Pay, a PCI certified leader in the mobile payment solutions market, has launched a Facebook Application that allows customers top-up up their mobile pre-paid phone accounts directly from Facebook. This initiative is one of a range of secure payment mechanisms that customers of Mi-Pay can access. Facebook gives mobile operators a…

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Planet Payment acquires Branded Payment Solutions POS

Planet Payment international payment processing and multi-currency processing services completed the purchase of Branded Payment Solutions payments company for EUR3.1 million. This expands the scope of Planet Payment’s global technology solutions, which currently interfaces to the merchant’s POS through its proprietary, currency-neutral, payment processing technology platform. Now it can provide applications alongside and communicate with existing point of sale applications. BPS was originally established in 2008 to create a back-end transaction processing and management platform, based on software acquired from Payzone where Rory Meehan was the CIO. BPS has enhanced the technology to provide for the delivery of value-added services and content (such as mobile top-up, bill-pay, vouchers, and support of open and closed loop card programs) capable of being distributed via a wide array of POS devices, kiosks, terminals and mobile devices.

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Gemalto Supports “la Caixa” Contactless EMV Deployment

Gemalto digital security announced “la Caixa” retail banks is deploying its “Optelio” contactless EMV cards for the country’s first large scale deployment of contactless payment. Gemalto is providing full set of personalization and production services at Gemalto’s local facility to support “la Caixa’s” strategy to roll out one million contactless cards in Barcelona by the end of 2012. This allows customers to experience the speed and convenience of contactless transactions – waving or tapping the card at the reader – for small purchases up to €20, while a PIN code will also be used to authorize higher value transactions.

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Govt Debit Card Regulation Takes Toll on Visa Growth

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa shares slipped as U.S. payments volume growth was down 3% in April and flat so far in May over the year ago period thanks to new government regulation limiting card network processing fees. The Dodd-Frank legislation has effectively cut debit-card volume growth 12%. In direct response to the new law,…

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Discover and Ducks Unlimited Partner on Affinity Card

Discover and Ducks Unlimited partnered to launch an affinity credit card designed to offer U.S. members of Ducks Unlimited Discover card benefits, which is now the official credit card of Ducks Unlimited. The Ducks Unlimited Discover card features Discover’s generous flagship cash rewards program, which also gives access to ShopDiscover, a popular online shopping portal offering 5%-20% Cashback Bonus on purchases at more than 200 online retailers. Discover also has added Ducks Unlimited to its list of charitable partners, which allows for Discover cardmembers to donate their Cashback Bonus to the organization in support of wetland conservation.

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Merchant Link Names VP, Product Management

Merchant Link payment gateway and data security solutions has named Geoffrey Krieg VP, product management. Having joined Merchant Link in 2003 as the Director of Service Delivery, Krieg returns to the company after spending four years abroad consulting with European e-commerce merchants. He brings over 20 years’ experience in the payments sector after having begun his career with the Bank of Boulder, as Division Officer responsible for growing the bank’s ISO program, and time with Visa International and CIAN Systems.

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BillingTree Appoints New President & CEO

BillingTree on-demand payment processor announced David Roberts has been appointed its President and CEO while Scott McCollum will continue as BillingTree’s Chairman of the Board. Roberts will focus on the next stage of growth. Previously he was a Managing Director with Bank of America Merrill Lynch where he led the Equity Plan Services business and President and CEO of Equity Methods, a provider of software and services.

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Western Union Partners Veridian FCU

Western Union partnered Veridian Credit Union to offer Veridian customers its global money-transfer and expedited bill payment services across all Veridian Credit Union’s 26 branches in Iowa. Veridian Credit Union members will now have the ability to send and receive domestic or international money transfers with funds accessible for pay-out at more than 500,000 Western Union Agent locations in more than 200 countries and territories, and make urgent payments conveniently and quickly to an extensive biller network.

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