Wright Express Deploys ReD Payment Fraud Protection

ReD fraud prevention and payment services announced Wright Express corporate and prepaid payment solutions has signed an agreement to utilize ReD’s enterprise fraud prevention service. The established fleet and fuel card company has incorporated ReD PRISM® as a supporting tool to its in-house fraud initiatives. ReD PRISM uses predictive analytics and neural modelling technologies to score the likelihood of a transaction being fraudulent. The combination of custom scoring and dynamic rules assists client companies in identifying likely fraudulent transactions before they occur, thereby reducing overall fraud losses.

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Prepaid2Cash Launches Gift Card Exchange

Prepaid2Cash launched its beta website www.prepaid2cash.com, letting users exchange prepaid cards most commonly acquired through rebate programs, product promotions and holiday gifts for cash. Consumers can safely redeem their open loop prepaid cards for cash, select to receive cash redemption either through an automatic bank account transfer or mailed check. Once a transaction has been completed, consumers can expect fund settlement in 2-4 business days for a bank transfer and 4-6 business days for delivery of mailed check. Prepaid2Cash has partnered with leading security companies such as VeriSign, Trust Guard, and TRUSTe to ensure all transactions are securely encrypted.

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TantaComm Launches PCI-Compliant Protect Product Suite

TantaComm interaction recording provider within the call recording industry launched its “TantaComm Protect” evolution of its current PCI compliance enablement product. The “TantaComm Protect” suite ensures the integrity and security of recorded interactions and to enable BPOs to meet the 12 PCI-DSS requirements by offering two solutions that are flexible enough to work in a variety of environments. TantaComm’s Protect solution suite consists of two levels of protection, Protect and Protect SE. While the end result is the same with each solution, the key differentiator lies in the utilization of a secure database server (Protect) versus an encryption server cluster (Protect SE) to securely manage the encryption key.

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Merchant Link Brand Standard for AmericInn Payment

Merchant Link, a leading provider of payment gateway and data security solutions, announced it has been designated by AmericInn International, LLC as the preferred provider of payment and data security services for its franchisees. AmericInn® is one of the fastest growing limited service lodging chains with over 260 locations in 27 states. Locations utilizing an…

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MoneyGram Available at More than 10,000 Bank of China Branches

MoneyGram and Bank of China completed a three-year expansion of services across the Bank of China network. This allows customers access to MoneyGram’s services at any of the Bank’s more than 10,000 locations. MoneyGram and the Bank of China worked together to expand throughout Bank of China’s national network spanning urban cities and rural towns. China, with about $57 billion annually coming into the country, is the second largest recipient of money transfers globally thanks to the increasing global transience of citizens. Money transfers are available for receipt at Bank of China locations from any of MoneyGram’s 267,000 locations globally in as little as 10 minutes.

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Maybank Launches Targets New Demo with Visa Debit Card

Maybank launched its new Manchester United (MU) debit card, in conjunction with efforts to expand its partnership with the English football team. Maybank’s first co-brand debit card was unveiled and issued in partnership with Visa International as an extension of the Manchester United credit card series launched in November last year. This allows Maybank to increase its penetration in the local debit card market, where it is already the leader with a 35% market share by card base and 55% share of debit billings.

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PacNet International Payment Services to Speak at Conference

Weekes, a career banking expert and VP of Business Development for PacNet Services Ltd, promises to teach e-commerce merchants 5 ways to improve international revenues through smart consumer payment strategy. The talk offers important insight on how payment strategy can affect sales, overhead and your bottom line when marketing at home or abroad, and is…

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