Prepaid International Forum marks fifth anniversary at Sussex summit

FOR IMMEDIATE RELEASE

Board expanded as industry faces new regulatory and business challenges

London - International trade association Prepaid International Forum (PIF) today celebrates five years of operation at a Summit attended by PIF members and delegates representing a wide range of industry participants. The event takes place against a background of change as the industry worldwide faces new opportunities as well as regulatory challenges.

Speaking in advance of the Summit, PIF Chairman Robert Courtneidge explained the forum’s evolving proactive stance on behalf of an increasingly important industry sector in many developed and developing economies. He said “The banking industry has been hit by scandal after scandal, be it LIBOR fixing, IT failures or rogue trading losses. In this context, PIF stands up for the prepaid industry in the face of increasingly intrusive regulators. What’s more, PIF is delivering stronger business models, thereby ensuring our prepaid businesses are robust, and we are taking steps to counter criminal attacks via our newly introduced fraud matrix. Our Board has tripled in size, better enabling us to anticipate new issues and to react quickly as they arise.”

Against this background, the Summit, held at the South Lodge Hotel in West Sussex, will consider key challenges facing the industry today. Presentations will include an overview of the implementation of prepaid solutions in markets around the world with specific reference to emerging trends and opportunities for growth, an examination of how the potential for prepaid may be fully unlocked, a review of the legal and regulatory landscape and a consideration of mitigation strategies and best practice in managing fraud and risk. The Summit concludes with an open forum on ‘The Way ahead for Global Prepaid 2013’.

Anticipating a lively discussion at the Summit, Mr Courtneidge commented “Much has been achieved in the past five years but today is more about looking to the future and the global challenges facing the industry. These events provide an ideal opportunity for the industry to help chart a course forward in what is a challenging but also exciting era for prepaid.”

About PIF:

Prepaid International Forum (PIF) is a not-for-profit trade association established in 2007 to represent all parties participating on a commercial basis in the prepaid economy. It is dedicated to the progression of prepaid commerce around the world and acts as a principal point of liaison between the prepaid economy and government agencies, regulators, consumer bodies and the media. It is focused on the entire prepaid world and facilitates the development of cross-industry guidelines and codes of practice.

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Amazon Could Be Working On A Square Competitor | TechCrunch

Blogs 5 new results for NFC Mobile Payment

Bank of America Testing Mobile Payments For iPhone and Android By Shawn Ingram Bank of America is currently testing a new mobile payments option that doesn't involve NFC and can work on any recent iPhone or Android device. According to Reuters the bank's new system is a result of a partnership with a startup called ... Gotta Be Mobile

How to shop with a smartphone | Best Buy Mobile Magazine By Ray Hernbrode A NFC attachment does exist for the iPhone so it does seem to be possible, but we will have to wait for MCX to give us the full scoop before we know how it is all going to work. What do you think about rise of mobile payments? Let us know in ... Best Buy Mobile Magazine

What We're Reading: NFC, Mobility and Apple's Passbook ... By Banking.com Staff The iPhone 5 Doesn't Have NFC — So What? All Things Digital. With last Wednesday's Apple iPhone 5 unveiling, and the recent Nokia Lumia launch, mobile is on top of the media agenda. But as the screen size and connector stories die ... Banking.com — Banking.com

Amazon Could Be Working On A Square Competitor | TechCrunchBy Leena RaoThis isn't the first time rumors have surfaced that Amazon is looking to power payments: last year, Bloomberg reported Amazon was exploring a NFC-powered mobile payments service, but no such product has been released. A spokesperson ... Image via CrunchBase TechCrunch

Major Banks Already Testing Mobile In-Store Purchases « CBS DC By Chris Lingebach Bank of America is looking to the future with the connection between smart phones and bank accounts by a testing a new techy method of payment. ... Major Banks Already Testing Mobile In-Store Purchases. September 27, 2012 10:53 AM ... A Bank of America spokesperson wouldn't comment which company – Paydiant or NFC – the bank is leaning towards using but the latter took a huge hit when Apple decided not to embed their chips in the iPhone 5. The technology may not be ... CBS DC

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Bank of America tests QR code mobile payment service

ePaymentNews  for NFC Mobile Payment

Bank of America tests QR code mobile payment service CNET In fact, the technology's future has come into question recently since the newly released Apple iPhone 5 does not support the technology. In the past, Bank of America tested NFC mobile payment services. In an interview with Reuters, a representative ... See all stories on this topic »

Wireless Technology NFC Still Has a Ways To Go CIO Today NFC phones, like the Galaxy S III, can tap similarly equipped devices to exchange contact information, music or other files. But NFC, at least when it comes to mobile payments, poses a gigantic infrastructure problem. In ads comparing its Galaxy S III ... See all stories on this topic » CIO Today

SFR to launch NFC mobile payment card

Web   2 new results for NFC Mobile Payment

SFR to launch NFC mobile payment card The French cellular operator SFR is to issue its own branded rechargeable MasterCard PayPass card as a first step towards providing its own near-field ... www.telegeography.com/products/.../2012/.../index.html

NFC Technology and Mobile Wallets Provide Marketing Opportunities The mobile payment area via NFC, or Near-Field Communication, technology is still evolving within the US. Google Wallet is the most successful implementation ... www.leapfrogonline.com/mobile-wallets-open-up-pos-mobile-...

N-Mark Logo for certified devices (Photo credit: Wikipedia)

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NRF Says Swipe Reform Saving Up to $18 Million/Day

WASHINGTON--(BUSINESS WIRE)--With the first anniversary of debit card swipe fee reform approaching next week, U.S. retailers and their customers are benefiting from savings of up to $18 million a day that previously went to card companies and the nation’s largest banks, the National Retail Federation estimates.

“Depending on the store, shoppers are paying lower prices, getting better service or avoiding prices hikes that otherwise would have come with inflation.”

“Merchants haven’t necessarily labeled the savings from reform as a ‘debit discount’ but they have nonetheless found a variety of ways to pass the value along to their customers,” NRF President and CEO Matthew Shay said. “Depending on the store, shoppers are paying lower prices, getting better service or avoiding prices hikes that otherwise would have come with inflation.”

“Retailers are simply too competitive not to share savings with consumers because customer value is one of the key ways they take market share away from their competitors,” Shay said. “Retailers know that if they don’t pass along the savings the store across the street will.”

Prior to reform, debit card swipe fee cost retailers and consumers $22 billion a year in 2010, according to the Nilson Report, a newsletter that tracks the card industry. At that level, the fees drove prices up an average $192 a year for each of the nation’s 114 million households.

Reform measures that took effect on October 1, 2011, reduced banks’ debit card swipe revenue by $6.6 billion, according to a report issued by Javelin Strategy and Research. While some card processors have yet to pass the full reduction along to retailers, the figure comes to as much as $18 million a day nationwide.

Merchants have found a variety of ways to pass the savings along to customers:

• Home Depot announced last year that the savings went into a pool of reduced operating costs that allowed it to reduce the prices of more than 3,000 items.
• Ikea offers savings vouchers to customers who pay by debit that can be used on their next purchase.
• Some stores have added sales clerks or taken other steps to improve customer service.
• Gas stations that previously offered discounts for cash are now accepting debit cards at the same price as cash.
• Despite bank claims that retailers would pocket the savings, retail industry profits have remained largely flat, and are not showing the boost that would have come had the money been retained rather than passed along to consumers.
• Even a report by Moody’s Investors Service that questioned whether consumers would see price reductions said retailers would likely use the savings to avoid prices increases that would otherwise come as other costs go up.

Nonetheless, NRF is not satisfied that retailers have been able to pass along as much savings as Congress intended, and is scheduled to be in court next week to seek a further reduction in the fees. Oral arguments are scheduled for October 3 in U.S. District Court in Washington, D.C., in a lawsuit NRF and other groups filed last year alleging that the Federal Reserve failed to follow the requirements of the 2010 law that created swipe fee reform.

Under the law, the Federal Reserve was required to set guidelines that would result in fees “reasonable” and “proportional” to banks’ cost in processing debit card transactions. The Fed initially determined those costs to be an average 4 cents per transaction and proposed a cap of no more than 12 cents. After heavy lobbying by the banks, however, the final regulations 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. The NRF lawsuit seeks to have the Fed revisit the cap.

Swipe fees are a hidden charge banks collect each time a Visa or MasterCard is swiped to pay for a purchase. Combined credit and debit card swipe fees tripled over the past decade to about $50 billion a year – driving up prices an estimated $427 for the average household – before debit swipe was capped. Prior to reform, debit swipe ranged from 1-2 percent of the transaction. Credit swipe has yet to be addressed and continues to average about 2 percent.

As the world’s largest retail trade association and the voice of retail worldwide, NRF represents retailers of all types and sizes, including chain restaurants and industry partners, from the United States and more than 45 countries abroad. Retailers operate more than 3.6 million U.S. establishments that support one in four U.S. jobs – 42 million working Americans. Contributing $2.5 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s Retail Means Jobscampaign emphasizes the economic importance of retail and encourages policymakers to support a Jobs, Innovation and Consumer Value Agenda aimed at boosting economic growth and job creation. www.nrf.com

To view NRF’s swipe fee website, click here.

ROAM Data Appoints New CEO, Will Graylin to Pursue Other Opportunities

Image via CrunchBase

Appointment Comes as Ingenico Places Mobile Payments at the Heart of its Strategy with ROAM Data

BOSTON--(BUSINESS WIRE)--As detailed in a recent announcement from Ingencio (Euronext: FR0000125346 - ING), ROAM Data, Inc., an Ingenico company and the leading mCommerce Platform-as-a-Service (PaaS) provider has appointed Ken Paull as Chief Executive Officer.

“The opportunity to lead the company at this stage of its growth is an exciting one”

As part of an accelerated focus on mobile payments, and in order to meet the challenges of this rapidly growing market, Ingenico decided to strengthen ROAM Data’s management team with the appointment of Ken Paull as CEO. Paull, who previously served as the company’s Executive Vice President of Sales and Marketing, will start in his new role effective immediately. Company Founder, Will Graylin has left ROAM to pursue other opportunities.

Paull has been a key driver in the success of ROAM Data in the U.S. market, having contributed to a number of significant wins with major customers. Through a strategy of ensuring ROAM is a key component of the majority of mobile payment solutions being rolled out in the U.S., Paull has been instrumental in the company emerging as a leader in this highly competitive market. “The opportunity to lead the company at this stage of its growth is an exciting one,” states Ken Paull. “Ingenico’s decision to place mobile payments at the center of its strategy will extend ROAM’s leadership position in the U.S. to the rapidly developing global mCommerce market.”

In the recent Ingenico announcement, Philippe Lazare, Chairman and CEO of Ingenico Group stated, “I want to warmly thank Will Graylin for having initiated ROAM Data’s development in the mobile payment market in the U.S. The Group wished to accelerate its development in these markets and I am certain that Ken Paull will rise to the challenges of a fast moving market, thanks to his extensive experience in the payments industry. This acceleration is in line with Ingenico’s strategy to play a leading role in all aspects of the payments industry, beyond POS payments.”

About ROAM Data, Inc.

ROAM Data is the leading mCommerce Platform-as-a-Service (PaaS) provider extending the physical point-of-sale and eCommerce to mobile devices. ROAM’s complete end-to-end mCommerce platform provides the hardware peripherals, applications, tools and services enabling merchant service providers to deliver powerful mobile commerce solutions quickly, securely and cost-effectively. As the largest behind-the-brand mobile payments acceptance technology, the ROAM platform powers the majority of mobile payment solutions offered by many of the world’s leading companies. Founded in 2005, ROAM Data is a privately held U.S. corporation majority owned by Ingenico (Euronext: FR0000125346 – ING), the world’s leading provider of payment solutions. For more information, visitwww.roamdata.com.

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Discover Financial Services Reports Third Quarter Net Income of $627 Million or $1.21 Per Diluted Share

September 27, 2012 08:30 AM Eastern Daylight Time 

Revenues of $2.0 Billion, up 10% over the Prior Year

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) today reported net income of $627 million or $1.21 per diluted share for the third quarter of 2012, as compared to $649 million or $1.18 per share for the third quarter of 2011. The company’s return on equity was 28%. Strong year-over-year revenue growth and lower charge-offs were offset by lower loan loss reserve releases and increased legal expense due to accruals associated with the recently concluded Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) regulatory matter.

“Our business segments demonstrated solid performance during the quarter”

Third Quarter Highlights

• Total loans grew $5.1 billion, or 9%, from the prior year to $59.2 billion.
• Credit card loans grew $1.9 billion, or 4%, to $48.1 billion and Discover card sales volume increased 4% from the prior year.
• Credit card loan delinquencies and net charge-offs reached historic lows with a delinquency rate for loans over 30 days past due of 1.81% and a net charge-off rate of 2.43%.
• Payment Services pretax income was up 31% from the prior year to $49 million. Transaction volume for the segment was $50.3 billion in the quarter, an increase of 13% from the prior year.

“Our business segments demonstrated solid performance during the quarter,” said David Nelms, chairman and CEO of Discover. “Card sales and receivables grew in a challenging environment while credit quality continued to improve. We successfully launched Discover Home Loans in June, which expanded our direct banking product suite. In payments, we signed agreements with PayPal, Industrial and Commercial Bank of China, and most recently Russian Standard Bank to enhance our global presence and leverage our existing infrastructure.”

Segment Results:

Direct Banking

Direct Banking pretax income of $963 million in the quarter was down $46 million, or 5%, from the prior year.

Discover card sales volume grew 4% from the prior year to $27.2 billion. Credit card loans ended the quarter at $48.1 billion, up 4%, or $1.9 billion, from the prior year.

Total loans ended the quarter at $59.2 billion, up $5.1 billion, or 9%, compared to the prior year. Private student loans increased $2.9 billion, including the acquisition of a $2.4 billion student loan portfolio in the fourth quarter of 2011. Personal loans increased $675 million from the prior year.

Net interest margin was 9.44%, up 18 basis points from the prior year. The increase in net interest margin from the prior year reflects decreased funding costs partially offset by lower total yield. Credit card yield was 12.27%, a decrease of 19 basis points from the prior year. The decline in credit card yield from the prior year reflects a decline in higher rate balances and an increase in promotional rate balances, partially offset by lower interest charge-offs. Interest expense as a percent of total loans decreased 47 basis points from the prior year as the company continued to take advantage of available low rate funding.

Net interest income increased $133 million, or 11%, from the prior year, benefiting from loan growth and lower interest expense. This was partially offset by a decline in credit card and student loan yields. The delinquency rate for credit card loans over 30 days past due was 1.81%, an improvement of 62 basis points from the prior year. The credit card net charge-off rate decreased to 2.43% for the third quarter of 2012, down 142 basis points from the prior year.

Net charge-offs were $151 million lower than the prior year as a result of the continued decline in delinquencies and bankruptcies. Provision for loan losses of $126 million increased $26 million, or 26%, from the prior year, driven by a lower reserve release partially offset by the decline in charge-offs. The reserve release for the third quarter of 2012 was $182 million reflecting the impact of a 43 basis point decline in the reserve rate from the prior quarter partially offset by additional reserves due to loan growth. The third quarter of 2011 included a reserve release of $359 million.

Other income increased $25 million, or 5%, from the prior year primarily due to revenue from Discover Home Loans, which was launched in June 2012 after acquiring Home Loan Center assets from Tree.com, and higher interchange revenue. Increases in other income were partially offset by higher customer rewards.

Expenses were up $178 million, or 29%, from the prior year. The increase was primarily due to a $94 million year-over-year increase in expenses for legal reserves associated primarily with the FDIC and CFPB matter. Excluding the change in legal reserves, expenses increased 14% from the prior year primarily due to the Home Loan Center acquisition, higher marketing expenses and higher headcount.

Payment Services

Payment Services pretax income was $49 million in the quarter, up $11 million, or 31%, from the prior year. Revenue increased $17 million, primarily driven by an increase in higher margin point-of-sale transactions on the PULSE network. Expenses were up $6 million from the prior year.

Payment Services dollar volume was $50.3 billion for the third quarter of 2012, up 13% from the prior year, driven by higher PULSE and third-party issuer volume.

Share Repurchases

In the third quarter of 2012, the company repurchased approximately 10 million shares of common stock for $350 million. Shares outstanding declined by 1.9% from prior quarter.

Conference Call and Webcast Information

The company will host a conference call to discuss its third quarter results on Thursday, September 27, 2012, at 9:00 am. Central time. Interested parties can listen to the conference call via a live audio webcast at http://investorrelations.discoverfinancial.com.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company operates the Discover card, America's cash rewards pioneer, and offers home loans, private student loans, personal loans, online savings accounts, certificates of deposit and money market accounts through its direct banking business. Its payment businesses consist of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit www.discoverfinancial.com.

A financial summary follows. Financial, statistical, and business related information, as well as information regarding business and segment trends, is included in the financial supplement filed as Exhibit 99.2 to the company’s Current Report on Form 8-K filed today with the Securities and Exchange Commission (“SEC”). Both the earnings release and the financial supplement are available online at the SEC’s website (http://www.sec.gov) and the company’s website (http://investorrelations.discoverfinancial.com).

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TIO Networks Surpasses $100 Million in Mobile Bill Pay Transactions

~As demand for mobile bill payments increase, TIO sees record number of transactions ~

VANCOUVER, British Columbia--(BUSINESS WIRE)--TIO Networks Corp., (TSX-V: TNC) ("TIO"), today announced it has processed more than $100 million in mobile bill payments since launching the payment platform last year. Continued growth in mobile resulted in a record number of transactions for August and the company’s second highest transacting month in history.

“As we add more mobile deployments this year we are excited to accelerate our growth rate.”

“We are very pleased to have already crossed the $100 million threshold for mobile transactions processed,” said Hamed Shahbazi, Chairman and CEO of TIO Networks. “As we add more mobile deployments this year we are excited to accelerate our growth rate.”

More than a third of American smartphone users report they use their phones for online banking services such as bill paying, according to a recent report by Pew Researchers. The study found that 65 percent of experts agreed mobile payments will be widely adopted by the mainstream public before 2020.

“North Americans are rapidly adopting mobile and becoming more comfortable than ever transacting online,” said Steve Barha, executive vice president of TIO’s mobile and web division. “In order to keep up with consumer demand, billers need to add convenient and affordable payment solutions. Mobile is an excellent platform for this.”

The TIO processing engine includes the ability to accept bill payments in multiple modalities across its suite of self-service kiosks, clerk-assisted locations, web and mobile channels. Together these channels process in excess of $1 billion in bill payments per year.

TIO Wallet, a cloud-based personal profile system capable of storing consumer bills, payment methods and history across all channels, powers the mobile platform. TIO Wallet now supports more than 300,000 members via its mobile platform and will be rolled out to TIO’s kiosk and over-the-counter services in the coming months. For more information on TIO’s mobile platforms visit: www.tionetworks.com/mobile.

About: TIO Networks

TIO is a cloud-based bill payment processor serving the largest telecom, wireless, cable and utility bill issuers in North America. With more than 60,000 endpoints, TIO symbolizes fast, convenient and secure bill paying. Visit: www.TIOnetworks.com. Join the conversation on www.twitter.com/tiowallet or Like us onwww.facebook.com/TIOWallet.

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Microsoft showcases windows phone 8 mobile wallet

ePaymentNews  on NFC Mobile Payment

Microsoft showcases windows phone 8 mobile wallet Image via CrunchBase NFCNews However, the mobile wallet is perhaps the phone's most anticipated and exciting feature. The wallet will feature both NFC and a wallet application that both have separate uses. Acting as a "hub" of sorts, the wallet can contain membership, loyalty and ... See all stories on this topic »

China Set to Approve Global NFC Standard for Cashless Payments Tech in Asia However, China Mobile was hedging its bets all along, and has been prepping NFC as well with its recently-unveiled "China Mobile Wallet" service which will roll out soon. The nation's other two telcos, China Unicom and China Telecom, also have an NFC ... See all stories on this topic » Tech in Asia

Campuses pilot NFC for access control NFCNews (blog) Near field communication is going to college and finding the campus to be an ideal testing ground full of students hungry for the newest technology. NFC's promise – to let users do just about anything with a single mobile device – is a little hard to ... See all stories on this topic »

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34 "Mobile Payment" News Stories for Sept 27

ePaymentNews   has 34 new results for "Mobile Payment"

Closing The Loop From Mobile Search To Mobile Payment Systems Search Engine Land For instance, mobile payments service provider Square recently revealed it is processing $8 billion in payments on an annual basis. There are a variety of forms in mobile payment and transaction solutions. Some allow merchants to accept on-the-go ... See all stories on this topic » Search Engine Land

PrivatBank in Ukraine Selects Gemalto for Contactless Mobile Payment National Post Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces its selection by PrivatBank to provide Opteliocontactlessstickers for Ukraine's first commercial mobile payment deployment. PrivatBank, the nation's largest commercial ... See all stories on this topic »

Gemalto expands mobile payment software solution with Western Union Equities.com Sep 27, 2012 (Datamonitor via COMTEX) -- Gemalto NV has expanded its mobile payment software solution to include the Western Union Money Transfer service. With this added service, operators and financial institutions can leverage Western Union's ... See all stories on this topic »

iovation Reports 12% of Financial Services Transactions Originate From Mobile ... U.S. Politics Today According to the Gartner report "Forecast: Mobile Payment, Worldwide, 2009-2016," the analyst firm expects mobile payment transaction volumes and values to grow 42 percent annually through 2016. By then they project that the market will be worth $617 ... See all stories on this topic »

LevelUp Adds White Label Apps BostInno (blog) The company is now offering businesses the option of white label mobile payment apps, so those clients can engage customers through a branded payment experience. This will take the form both of LevelUp designed apps as well as a SDK for businesses to ... See all stories on this topic »

Finish Line Deploys PAY's Solutions - Analyst Blog NASDAQ Boasting a wide array of solutions in its portfolio, VeriFone provides retailers from key mobile payment systems to complete suites of next-generation mobile retail software. In the last two years, VeriFone has been focusing on transforming its ... See all stories on this topic »

Swiff debuts mobile point of sale technologies in Thailand in push towards a ... The Nation Unlike other mobile payment companies, Swiff is not a payment aggregator and is a technology provider and partner to the banking and financial industry. Through Swiff's innovative and unique technology, banks have the tools to roll out mobile ... See all stories on this topic » The Nation

IRCTC Mobile included in RBI inter-banking payment Phones Review The NPCI has enabled such companies as IRCTC, Reliance Mutual Funds, Dish TV, Shoppers Stop, and SpiceJet with inter-bank mobile payment services, and all a user needs to do is download a mobile banking app to their smartphone, enter the seven ... See all stories on this topic » Phones Review

Kenya to switch off 'fake' mobile phones BBC News Government officials said the move was designed to protect consumers from hazardous materials and to safeguard mobile payment systems. They added it should also help them track users and limit violence ahead of March's general election. The action had ... See all stories on this topic » BBC News

Groupon launches mobile payments service Ahwatukee Foothills News Tags: Groupon, Business, Payment Systems, Electronic Commerce, Business_finance, Iphone, Paypal, Mastercard, San Francisco Bay Area, Credit Card, Usd, Cent, Economics, Credit Cards, Sales Promotion, Commerce, Payment, Visa Inc., Mobile Payment, ... See all stories on this topic »

mChek might have suspended operations: Sources Business Standard There is trouble brewing at Bangalore-based mChek, one of the earliest companies in the mobile payment segment. Sources in the know said the company might have suspended operations. Sources in the sector said the company had been going slow in ... See all stories on this topic »

Vantiv, Discover partner to push PayPal's digital wallet Mobile Payments Today Merchant acquirer Vantiv Inc. announced that it is expanding its relationship with Discover Financial Services. The two will work together to to support PayPal In-Store checkout at Vantiv's brick-and-mortar merchants using the Discover Payment Services ... See all stories on this topic »

UK carriers sign with MACH for carrier billing services Mobile Payments Today MACH, a direct carrier billing provider based in Luxembourg, announced it had signed deals with the U.K.'s largest wireless carriers to implement its carrier billing services. The company said it has agreements with Vodafone, Everything Everywhere and ... See all stories on this topic »

Digital River Acquires Vancouver's LML Payment Systems Digital Home Expansion of the Digital River World Payments solution is a top priority as is extending LML Payment Systems' white-label channel and mobile payment solutions worldwide. Joel Ronning, Digital River's CEO said: "Each company has a strong reputation in ... See all stories on this topic » Digital Home

ROAM Data Appoints New CEO PYMNTS.com Through a strategy of ensuring ROAM is a key component of the majority of mobile payment solutions being rolled out in the U.S., Paull has been instrumental in the company emerging as a leader in this highly competitive market. "The opportunity to lead ... See all stories on this topic »

EXCLUSIVE: PayPal Exec Talks About Growth Plans Investorplace.com The trajectory has continued in 2012 but also has included ambitious moves into brick-and-mortar payment processing as well as a mobile payment system. In short just as eBay's early days rendered garage sales almost obsolete, PayPal is aiming to make ... See all stories on this topic » Investorplace.com

New looped in(TM) Pay-by-Phone App Joins College Day at the Fenway to Offer ... MarketWatch (press release) BOSTON, MA, Sep 26, 2012 (MARKETWIRE via COMTEX) -- PXT Payments, a mobile payment app and digital wallet provider, will offer students and merchants its full featured, geolocation-based mobile payment app, looped in(TM), this weekend at College ... See all stories on this topic »

INGENICO : Ken Paull, ROAM CEO, on Ingenico's Mobile Momentum 4-traders ... securely and cost-effectively. As the largest behind-the-brand mobile payments acceptance technology, the ROAM platform powers the majority of mobile payment solutions offered by many of the world's leading companies. Founded in 2005, ROAM Data is ... See all stories on this topic »

Future of cash is electronic cash Finextra This egg and chicken situation where new payment system is available, but not too many merchants where you can use new method creates a situation where cash always beats new mobile payment model. To compete with old cash model, there is a ... See all stories on this topic »

Turkcell Continues to Empower Women and Benefit Turkey with "Women Power ... IT News Online More Funding Through Social Lending enables donating or lending from handsets (m.ekonomiyekadingucu.com), online (http://www.ekonomiyekadingucu.com) as well as other payment options, including mobile payment and credit cards. Mobile Marketplace ... See all stories on this topic »

Explore Firstmonie if unemployed or seeking extra income BusinessDay Nigeria is gradually moving towards the era of mobile payment system and services and it was conjectured by many that 2012 could be the year that Nigeria makes significant strides in the Mobile Money landscape. As we approach the last quarter of 2012, ... See all stories on this topic » BusinessDay

NFC payments already a $500 million business in Russia? Mobile-Financial.com Over 200 Attendees and 20 Speakers Confirmed for the 4th Annual Mobile Money Can · Africa: tracking consumers by their mobile phone spending patterns · Facebook Improves Mobile Payment Currency Selection, Add Ways To Tout Payer Prom ... See all stories on this topic » Mobile-Financial.com

DIBS E-Commerce Survey 2012 shows that smart phones and tablet computers ... CisionWire (press release) 2 Jan, 2012 14:53 CET; BingoLotto.se connects to DIBS mobile payment solution 17 Nov, 2011 10:00 CET. Terms of usage | Privacy Statement | Cookies | About Cision | Content Policy | Contact. © Cision. Social Media Pitch: DIBS E-Commerce Survey 2012 ... See all stories on this topic »

In brief: Tinfoil Security product; LevelUp white-label apps; 'trampoline ... L.A. Biz (blog) Boston's LevelUp, which offers a mobile payment service used by restaurants and other retailers, said this week it's offering white-labeled, customed-branded mobile payment apps for businesses using LevelUp payment infrastructure. LevelUp said its ... See all stories on this topic »

New Credit Card Services Available to Car Rental Companies Equities.com They can also help with POS integration, payroll solutions and mobile payment. By using the services MDS offers, the small car rental company will be better positioned to endure the short term pressures most new businesses face. The company will also ... See all stories on this topic »

The Pantry, Inc. Selects Gilbarco Veeder-Root for Forecourt Media Trial MarketWatch (press release) "It is clear that Gilbarco understands the significant role of forecourt media and evolving mobile payment technologies, and how to help us most effectively make the transition to EMV-certified equipment," Lemerise said. "The Pantry is a tremendous ... See all stories on this topic »

DEWA serves with more e-Convenience ITP.net Visitors will discover that they can win attractive prizes by paying their bills through DEWA's website (dewa.gov.ae) or the mobile payment service, mPay. "As part of our efforts to position DEWA as a world-class sustainable utility, we are constantly ... See all stories on this topic » ITP.net

Blogs 4 new results for "Mobile Payment"

Is Starbucks' approach to mobile payments right for all merchants ... By Chantal Tode "Interest in mobile payment solutions from merchants is growing partly due to adoption by leading brands such as Starbucks, Dunkin Donuts and T.G.I. Friday's," said Arturo Coto, vice president of sales and marketing at Tabbedout, Austin, TX. Mobile Commerce Daily

Google Maps Street View Coming To Safari? | SiliconANGLE By Mellisa Tolentino Today's mobile news roundup features: Google's plans for their Maps' feature Street View for Safari; LG sues Samsung; Bank of America tests mobile payment scheme; Bad Piggies now available for download. Google Street View coming to ... SiliconANGLE

Finish Line Deploys PAY's Solutions - Zacks.com By Zacks Equity Research Boasting a wide array of solutions in its portfolio, VeriFone provides retailers from key mobile payment systems to complete suites of next-generation mobile retail software. In the last two years, VeriFone has been focusing on transforming its ... Zacks Investment Research - All...

Top 40 startups selected for DEMO Africa 2012 | *iHub_ By iHub OzinboPay is a mobile payment gateway that enables merchants within West Africa. Sam Paapa Opoku, Ghana. People Input is an African APPs store targeting general public and businesses. Serigne Barro, Senegal. Prowork is a project ... *iHub_

Web 3 new results for "Mobile Payment"

Mobile-Payment Decisions Marketers Must Make Now | CMO.com How can CMOs pick their way through the mobile payments field, which increasingly is beginning to look like a minefield? www.cmo.com/.../mobile-payment-decisions-marketers-must-...

PCI Mobile Payment Security Recommendations Released by PCI ... The PCI SSC (Payment Card Industry Security Standards Council) just released a document addressing mobile device (smartphone, tablet or PDA) payments, ... it.toolbox.com/.../pci-mobile-payment-security-recommendati...

The Mobile Payment Battlefield Is Littered with Players - X.commerce September 21, 2012 by Nick Hughes. It's an amazing juxtaposition—we live in such a digitally enhanced world, yet so little progress has occurred in the way we ... https://www.x.com/.../mobile-payment-battlefield-littered-play...

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