PayAnywhere Appoints mPayments Brass

PayAnywhere mobile POS solutions added two payments industry professionals to its leadership team, including Carl Williams and Ed Myers, as managing directors, advising the company on new acquisitions, partner development, domestic and international market expansion. Carl Williams’ career in financial services spans 30 years and includes his role as president of worldwide payment processing at Global Payments (GPN). Ed Myers also brings more than 30 years of financial services experience to PayAnywhere, most recently serving as president of U.S. operations at Global Payments.

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Fiserv & Earthport To Offer Global ACH Payments

Fiserv financial services technology solutions partnered Earthport cross-border payments services to provide a solution for international payments processed through the automated clearing house (ACH). This partnership will enable Fiserv clients to seamlessly process low value, cross-border payments through “PEP+” online, real-time solution for originating and receiving ACH payments. This will allow Fiserv clients that process low value, cross-border payments to improve efficiency, enhance customer satisfaction, lower costs to serve customers and increase growth and reach by creating one solution for both domestic and international cross-border payments processing.

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NRF Says Debit Swipe Fees Must Come Down

Numbers released by the Federal Reserve show debit card swipe fees collected by the nation’s largest banks have dropped an average of 24 cents in 4Q/11 since reform regulations took effect last fall. The National Retail Federation, however, expressed disappointment that the fees did not fall further. Swipe fees having fallen from an average 43 cents in 2009, NRF and other merchant groups filed a lawsuit against the Fed in federal court in November arguing that the agency set the cap nearly twice as high as what was allowed under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Under Dodd-Frank guidelines, the Fed initially determined that it costs banks an average 4 cents to process a debit transaction, and proposed that the fees be capped at between 7 and 12 cents per transaction. After intense lobbying by banks and the card industry, however, final regulations adopted in July 2011 set the cap at more than five times the actual cost – 21 cents plus 0.05 percent of the transaction and, in most cases, an additional 1 cent for fraud prevention.

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4Creative Launches Free Mobile App for iPhone

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] 4Creative is excited to announce their revised and massively enhanced mobile application GoDutch™. GoDutch is a free mobile event publishing application that gives consumers the ability to publish events and happenings to their friends and community through the touch of a few buttons on an iPhone or Android Phone. GoDutch™ provides…

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Wright Express Posts 1Q/12 l Revenue up 17% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wright Express Corporation, a leading provider of value-based business payment processing and information management solutions, today reported financial results for the three months ended March 31, 2012. First Quarter Financial Results Total revenue for the first quarter of 2012 increased 17% to $140.1 million from $120.1 million for the first quarter…

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Catbird Partners With VMware to Provide Secure Virtual Desktop Infrastructure With VMware View™ 5.1

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Catbird®, a Gartner Cool Vendor in Infrastructure Protection, today announced that Catbird vSecurity® protection and continuous compliance supports automated security for static and dynamically provisioned virtual desktops. This integration gives Catbird vSecurity customers best-in-class network security at a greatly reduced cost. Catbird vSecurity enforces virtual desktop segmentation, auditing, and control. Catbird…

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Co-op Financial Partners Diebold, Pilots Video ATMs

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CO-OP Financial Services is partnering with Diebold, Incorporated, to provide greater personalized service and convenience to credit union members by testing two-way video member service on CO-OP Network at Diebold automated teller machines (ATMs). “As ATMs continue to provide more capabilities to the user, two-way video support is the next step…

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Praetorian Secure earns PCI DSS Accreditation

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Praetorian Secure, LLC, has become certified by the Payment Card Industry Security Standards Council (PCI SSC) as a Qualified Security Assessor (PCI QSA) company. In accordance with the PCI Data Security Standard (PCI DSS), the PCI QSA designation allows Praetorian Secure to assess and validate the security of payment card data…

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American Express Declares Regular Quarterly Dividend

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Board of Directors of American Express Company declared a regular quarterly dividend of $0.20 per common share, payable on August 10, 2012 to shareholders of record on July 6, 2012. American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and…

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Nice Launches Customer Interaction Tool

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Nice announced that it has introduced an integrated Customer Interaction Management offering, which enhances its current offering with the integration of capabilities from the recent acquisitions of Fizzback and Merced. Focusing on shaping interactions as they occur, this offering has a unique approach to impact every stage of the interaction lifecycle,…

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MasterCard to Partake in Three May Investor Conferences

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard announced its participation in the following investor conferences in the month of May: On Tuesday, May 8, Gilberto Caldart, division president for south Latin America & Caribbean, will participate on an international markets panel at the Morgan Stanley Services Summit in New York. The discussion will begin at 1:35 p.m.…

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