Plymouth and Lewisham Deploy Cashplus Mastercard

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Plymouth and Lewisham Councils have decided to introduce an innovative new payment solution that will increase flexibility and simplify the management of benefits and other payments made by the Councils. Advanced Payment Solutions (APS), who is partnered with the Co-operative Bank, announced that it has won contracts to provide its award…

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TransCard Funds New Oven for HERO Pie Lab

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] TransCard, which enables financial institutions across the country to offer prepaid programs, presented HERO, Hale Empowerment & Revitalization Organization, with funds for a new commercial oven for its Pie Lab, at a ceremony on May 3, 2012. The ceremony took place at the main branch of United Bank in Atmore, Alabama.…

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UAE Exchange Kicksoff Filipino Fest 2012

Sending money to Philippines can turn the lucky customer into a proud owner of a KIA RIO car in the Filipino Fest 2012 promotion launched by UAE Exchange remittance and foreign exchange brand. In this exclusive promotion for Filipino customers, all individual remittance transactions to Philippines, from UAE Exchange branches in the UAE, qualify for the draws. The promotion, which started on 1st May, will continue up to 29th June, 2012. The winners are selected through three lucky draws and a mega draw. The offer, exclusively for the Filipino community, has a total of 86 winners in three lucky draws and a mega draw. The mega draw will see the mega winner driving home a KIA RIO, while five customers win return air tickets to Philippines. 20 winners will get PHP 10,000 each, while 60 will take home a Bee mobile phone each.

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OpenWay Announces Multi-Channel Payment Platform

OpenWay Group, provider of “WAY4” payment processing software is launching its multi-channel banking solution at the Cards and Payments Middle East conference and exhibition, May 15-16. Here the company is delivering a speech on major challenges and tips for driving businesses and bringing new payment experience to bank customers. The OpenWay universal financial hypermarket is illustrated by WAY4 Multi-Channel Management, mobile and Web banking, ATMs and self-service kiosks is set to take place in Abu Dhabi. OpenWay Group is an international software developer and is ranked as the leading vendor for tier 1 banks and payment processing companies.

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Westpac Deploys NCR ATMs

The Westpac Group is now live with NCR’s scalable deposit module (SDM) for NCR “SelfServ” ATMs.The “SelfServ” ATM can accept, count and process bank notes and checks in one transaction when inserted into a single slot in any orientation and in any order, typically in no longer than 60 seconds.The SDM device is a key part of the Westpac Group’s customer experience model, providing its customers with convenient, quick and easy access to make deposits at any time, as well as supporting the Westpac Group’s transaction migration strategy.

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RBI Allows Non Banks to Control ATMs

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Reserve Bank of India (RBI) has decided to permit non-bank entities to set up, own and operate ATMs. Such ATMs will be called White Label ATM. The draft guidelines on deployment of White Label ATMs were placed on RBI website for Public Comments. Various issues related to deployment of White Label…

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RBI Relaxes Policy on Migrant Remittance

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Reserve Bank of India (RBI) has issued guidelines on “Domestic Money Transfer – Relaxations” on October 05, 2011 which are available at RBI’s website www.rbi.org.in. Banks and authorized prepaid payment issuers have been advised to report the number of transactions effected under the above scheme which are being collected from banks…

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Electronic Card Transactions Gets Boost on Consumer Spending

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The amount of money New Zealanders and visitors to the country spent with retailers using debit and credit cards rose in April, according to Statistics New Zealand. The value of transactions across all retail industries was up 0.8 percent when adjusted for seasonal effects. “Of the six retail industries, the three…

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PayMate Launches mPayments App

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mobile payments company PayMate has launched PayPOS application, which allows small businesses to accept and process electronic transactions using credit and debit cards directly on their mobile phones at the point of sale (POS). The application has no setup fee, rentals, variable fees or minimum transaction threshold. Through this app, the…

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As More Consumers Find Jobs, Bankruptcies Ebb

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The US unemployment rate was down slightly in April, dropping from the March figure of 8.2% to 8.1%. Meanwhile, total bankruptcy filings were down 16% to 108,860 filings. This is down 11% from March figures of 122,155 total filings- which were up 17% from the 104,418 filings in February 2012- and…

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American Express Implements Isis Mobile Wallet

American Express and Isis mobile commerce JV between AT&T Mobility, T-Mobile USA and Verizon Wireless partnered to make American Express’ “OPEN” Small Business and Serve Cards available in the Isis “Mobile Wallet”. American Express Cardmembers will be able to shop, tap and pay with their mobile device equipped with Near Field Communications (NFC) technology. American Express is adding its Cards to the Isis mobile wallet to connect its merchant network with Cardmembers and create a secure shopping experience. The “Serve” platform is American Express’ new digital payments and commerce platform and its addition into the Isis Mobile Wallet opens the door to new customer segments who can benefit from the service and security of American Express.

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Leapfrog Online Featured at Net.Finance Mobile 2012

Jason Wadler, Executive Vice President of Leapfrog Online, is set present keys to mobile innovation and results at the upcoming Net.Finance 2012 Event on May 21, 2012 in Chandler, AZ. His session, “Successful Prospecting Strategies for the Mobile Consumer,” will address financial services institutions leveraging mobile strategic channels to attract valuable new customer segments. Wadler will share data about the impact of mobile in driving new customers into the pipeline, and provide insight into what top brands can do to optimize mobile as a driver of long-term revenue and customer growth. Leapfrog Online digital marketing company is based in Chicago and applies deep domain knowledge and expertise to builds targeted industry solutions.

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