Evolution1 Preferred Consumer Directed Health Partner with Plexis

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Evolution1, the nation’s largest electronic payment, on-premise, and cloud computing healthcare solution that administers reimbursement accounts – including HSAs, HRAs, FSAs, VEBAs, PRAs, and Wellness and Transit Plans – has been chosen by Plexis Healthcare Systems, Inc. as its preferred consumer-directed health Partner. Plexis, a leading payer solution and claims processing…

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Moneyonthego.net Expands With eCommerce Boom

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ABC News has announced that Wal-Mart is launching a new program to allow Internet shoppers to make cash purchases. The first of its kind, this program will open the “under-banked” market, which is made up of low-income families that do not use bank services or credit cards. Moneyonthego.net, an online shopping…

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Alliance Network to Launch New Service

Alliance Network recently announced its decision to operate a payment processing service meant to appeal to its merchant clientele. Alliance Network is a subsidiary of Myroxon Holdings Ltd, a European-based company, and provides payment consulting services as well as content management systems development services. The new service directed at merchants will go into effect in the next few months. Merchants will find the new Alliance Network feature a professional service.

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BPC Banking to Present at Cards and Payments Middle East

BPC Banking Open System e-payment solutions for the global financial industry is set to present at Cards and Payments Middle East 2012, which brings together industry leaders in cards and payments technology. BPC executives will deliver two speeches at the event. In the first speech, on May 15th, Daragh O’Byrne, Chief Marketing Officer, will trace the history of innovation in the payments industry, charting the impact customer needs, regulation and market trends have had on the industry. The second presentation on May 16th, will be delivered by Richard Phillimore, Executive Vice President. During his session Mr Phillimore will discuss the payment hub strategy – where organizations deploy an integrated payments infrastructure which powers their entire business across all types of payments – retail and wholesale, high value and high volume.

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Planet Payment Posts 1Q/12 Results

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Planet Payment, a leading provider of international payment processing and multi-currency processing services, announced its results for the three months ended March 31, 2012 (“Q1 ’12”). During the first quarter of 2012, the Company again achieved strong operating results. First quarter of 2012 highlights include: — Net revenue for the period…

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Financial Industry Releases mPayment Guidelines

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] As Canadians continue to adopt mobile technology and as demand for mobile payments capability continues to grow, the banking industry and credit union system today announced a set of voluntary, secure, open guidelines for the development of mobile payments at point-of-sale in Canada. The voluntary guidelines, technically known as the Mobile…

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Tanla Partners RIM on mPayment Platform

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Tanla Solutions, the leading provider of Mobile Payments and Rights management solutions, announced that it is working with RIM in the Middle East to deliver Applications Gift Card solutions using its proprietary license management solution for rights management, in application payments and redemption. Through the Gift Card, consumers receive 20 apps…

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YESpay Expands Payment Platform to High Sports

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] EasyV-Retail is a pre-accredited card payment solution that enables merchants to process EMV Chip & PIN and magnetic credit and debit card payments within seconds via their EPOS systems. Combining powerful payment software with a choice of PIN Pads, EasyV-Retail was ideal for High Sports as a fully integrated card payment…

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Trusteer Rapport Named Best Fraud Prevention Solution

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Trusteer, the leading provider of endpoint cybercrime prevention solutions, today announced that Trusteer Rapport has been recognized as the Best Fraud Prevention Solution in the 2012 SC Awards Canada competition. Trusteer was selected as superior to Entrust TransactionGuard and IronKey Trusted Access by the expert panel of judges. Trusteer Rapport provides…

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Consumer Paydown Screeches to Halt, Outstanding Debt Skyrockets

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Of the total $2.54 trillion in outstanding US consumer debt-up a jaw-dropping 10.2% since February- total outstanding revolving credit was up 7.8% in March for a steep jump from $798.5 billion in February to $803.6 billion. This compares to the year ago figure of 790.6. Revolving consumer credit plummeted from its…

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Wright Express Takesover UK-based CorporatePay Prepaid Virtual Cards

Wright Express has acquired the stock of CorporatePay corporate prepaid solutions to the travel industry for approximately GBP 17 million (approximately US $27.5 million). The all cash transaction is anticipated to be slightly dilutive to the Company’s adjusted net income (which is a non-GAAP measure) in the first year of combined operations and slightly accretive thereafter. CorporatePay is a rapidly growing provider of direct, cobranded and private label prepaid solutions to the travel industry, including virtual cards, currency cards and expense management solutions and had GBP 248 million in load volume.

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Merchant Warehouse Partners Casio, Launches Integrated Payment

Merchant Warehouse payment processing solutions partnered Casio and PAX Technology EFT-POS payment terminal manufacturer to offer a fully-integrated payment solution. This will feature streamlined and convenient payment processing services at the lowest cost in the industry. This will allow merchants to achieve a seamless integration of payment technology with secure payment processing services through Merchant Warehouse; POS system/cash register services through Casio; and credit card terminal with IP access and phone backup through PAX.

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