BBK announces a new ATM machine at Jidhafs

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] BBK, Bahrain’s pioneer in retail and commercial banking, announces the introduction of a new offsite ATM at Hawar Patrol Station in Jidhafs. With the addition of this new ATM, BBK’s network has increased to 46 ATMs across the Kingdom of Bahrain. BBK has one of the largest ATM networks in Bahrain…

Details

Credit Card Interest Rates Drop Third Consecutive Month

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] After peaking at well over 15% following the holiday shopping season, credit card interest rates have plummeted back to averages not seen since May. Now standing at 14.87%, averages have seen a .26% drop over the past month. And if history is any indication, this drop will continue well into spring.…

Details

VeriFone Acquires LIFT Retail Digital Media

VeriFone Systems acquired LIFT Retail Marketing digital marketing system designed to increase sales for convenience stores. LIFT Retail developed and markets the “LIFT Station” network-connected digital marketing hub that integrates with POS systems in the convenience store and petroleum retailing market. The “LIFT Station” personalizes the experience for each shopper by presenting relevant offers with compelling digital ads on a touchscreen display while simultaneously engaging cashiers with a friendly sales script to help close the deal. The acquired company will be incorporated into VeriFone’s solutions portfolio as a product and services offering called LiftRetail Solutions, which will integrate with all leading retail POS systems in the convenience store/petroleum segment.

Details

First Farmers Bank Partners Elan to Launch Credit Card

First Farmers Bank and Trust partnered Elan Financial Services agent credit card issuer to provide credit card products and services to its nearly 40,000 customers in North Central Indiana. This relationship includes the purchase of the existing portfolio, and Elan will offer a full suite of Visa credit cards to all other bank customers. Elan Financial Services offers credit card products and rewards that meet the unique needs of every customer. Elan’s end-to-end solution also includes card servicing and marketing as well as branch support and sales incentives.

Details

Phoenix NAP Completes PCI DSS v2 Assessment

Phoenix NAP premier infrastructure-as-a-Service (IaaS) provider and primary network access point (NAP), announced that it successfully completed a Service Organization Controls (SOC) 2, Type 2 audit. Service Organization Control (SOC) audits replace the former Statement of Auditing Standards (SAS) 70 audit, the previous standard for Reporting on Controls at a Service Organization, as the new authoritative guidance in such matters. Additionally, Phoenix NAP has retained its status as a PCI DSS Validated Services Provider after Coalfire Systems QSA completed its independent audit.

Details

Popular Community Bank Launches m-Check Deposit

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Popular Community Bank announced the availability of its new Popular Mobile Check Deposits service that enables easy 3 Step, anytime/anywhere deposits of checks up to $1,500 using iPhone or Android.* To deposit a check a customer with the Mobile app only has to: 1) Access the app and start a new…

Details

Zynga Unveils New Platform for Play

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Zynga, the world’s leading provider of social game services, announced the Zynga Platform, a new platform designed to bring players what they’ve asked for: new ways to play and more people to play with. As part of the initial roll out, Zynga will debut the beta release of Zynga.com, the company’s…

Details

VRL Launches New Cards & Payments Datatool

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Top financial and professional services information provider, VRL Financial News, has announced the availability of a new data service providing original, up-to-the minute intelligence on the global cards and payments industry. Created in association with VRL’s leading financial publications, Cards International and Electronic Payments International, the Cards & Payments Datatool is…

Details

American Express/Concur Expands Alliance

American Express’ Global Corporate Payments business and Concur on-demand employee spend management services have expanded their global alliance with a new partnership in Japan to promote each others’ solutions to corporate clients in that market. American Express Global Corporate Payments and Concur have been working together since 2008 to help clients in more than 15 markets optimize their expense management programs. Companies that integrate American Express payment data with Concur expense systems benefit from higher quality and more robust data, which ultimately helps control spending and drive savings to the bottom line. AmEx offers Maximum Visibility with reports on both American Express card data and non-card data; more robust data to help companies improve compliance with policies and reduces risk of unauthorized spending and nnegotiating leverage with suppliers for greater cost savings.

Details

WorldPay UnionPay Online Acquirer Bridges Consumer Gap

WorldPay payment processing and China UnionPay card issuer partnered, making WorldPay an acquirer for eCommerce UnionPay transactions. WorldPay will be the first UnionPay Online Payment acquirer allowing merchants to sell directly to consumers in China, as well as UnionPay cardholders outside of China. China UnionPay has grown at an extraordinary rate and now rivals some of the world’s largest card issuers. According to an investigation by A.C. Nelson, an international authoritative investigation institution, up to 100% of Chinese domestics are familiar with the China UnionPay brand, significantly higher than any other bankcard brand in China.

Details

Compass Plus Partners Genia Tecnologia

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Compass Plus, an international provider of retail banking software and electronic payments systems to financial institutions, announced its strategic alliance with Genia Tecnologia, a Brazilian-based provider of consulting solutions for the card market. Compass Plus developed the alliance in order to provide country-specific support in the local language for its Brazilian…

Details