GlobalCollect Draws Top Online Merchants to Prague for its eCommerce Conference perspectives’10

GlobalCollect, the world's premier payment service provider of local e-payments, has hosted another successful perspectives industry event in Prague

AMSTERDAM--(BUSINESS WIRE)--Following in the footsteps of perspectives’08 in Florence (Italy), perspectives’10 – The Art of Payments took place in Prague (Czech Republic) from June 3-4, 2010. Staying true to its original format, the conference was designed exclusively for top eMerchants from around the world and dedicated to international online payment trends and fraud prevention. With a capacity of 150 attendees, the event was fully booked with representatives from Blizzard Entertainment, eBay, The Financial Times, Nike, Skype, TNT, and Vodafone among many others.

“It's hard to pick a favorite session because I liked them all but I have to say Andreas Weigend's keynote really got me thinking on a higher level.”

During the conference, eCommerce merchants were presenting best practice cases studies to fellow merchants, able to network face-to-face, and have lively peer discussions during numerous themed workshops. Keynote speakers included Andreas S. Weigend, former Chief Scientist of Amazon.com and Polly A. Bauer, former President & CEO of Home Shopping Network Credit Corporation.

Here is what some of our attending merchants had to say about the event:

"I was delighted to be part of the perspectives'10 conference in Prague; the GlobalCollect team put together a wonderful agenda providing a high quality variety of key note speakers and seminars. I was able to make some useful contacts which will prove valuable as our partnership with GlobalCollect expands in the future. Thank you GlobalCollect!" (Lucia Gascoigne, Business Analyst at TNT)

“GlobalCollect’s perspectives‘10 was a great medium for exchanging and understanding issues and best practices in the international environment of payment methods through a wide spectrum of companies.” (Jerome Petit, Head of Finance of Snapfish International)

“perspectives’10 was a very powerful forum in which to learn and network amongst a diversified group of international merchants. Information sharing events such as this are extremely valuable in helping to stay on top of the ever-changing global payment landscape. GlobalCollect was a great host and did an extraordinary job of putting everything together.” (Anthony Marsella, Director Financial Planning & Analysis of Direct Wines)

“While Travel Guard operates primarily in the travel space, the diversity of attendees and content at the recent GlobalCollect client conference in Prague provided a wealth of information in regard to processing electronic payments in a global environment. The conference provided many opportunities for attendees to share payment processing challenges and best practices with a well balanced mixture of keynote speakers and payment processing workshops." (Jeff Schafer, Vice President, Global Distribution of Travel Guard Worldwide Inc.)

"It's hard to pick a favorite session because I liked them all but I have to say Andreas Weigend's keynote really got me thinking on a higher level." (Amine Saoudi, CFO of Splendia)

# End #

About GlobalCollect

GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail and telephone orders, and specialized in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming, and digital content. While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. www.globalcollect.com

Contacts

GlobalCollect

Bettina Duske

Manager PR & Marketing Communications

Tel: +31-(0)23 567 1500

E-Mail: press.globalcollect@globalcollect.com

Permalink: http://www.businesswire.com/news/home/20100608006001/en/GlobalCollect-Draws-Top-Online-Merchants-Prague-eCommerce

GlobalCollect Draws Top Online Merchants to Prague for its eCommerce Conference perspectives’10

GlobalCollect, the world's premier payment service provider of local e-payments, has hosted another successful perspectives industry event in Prague

AMSTERDAM--(BUSINESS WIRE)--Following in the footsteps of perspectives’08 in Florence (Italy), perspectives’10 – The Art of Payments took place in Prague (Czech Republic) from June 3-4, 2010. Staying true to its original format, the conference was designed exclusively for top eMerchants from around the world and dedicated to international online payment trends and fraud prevention. With a capacity of 150 attendees, the event was fully booked with representatives from Blizzard Entertainment, eBay, The Financial Times, Nike, Skype, TNT, and Vodafone among many others.

“It's hard to pick a favorite session because I liked them all but I have to say Andreas Weigend's keynote really got me thinking on a higher level.”

During the conference, eCommerce merchants were presenting best practice cases studies to fellow merchants, able to network face-to-face, and have lively peer discussions during numerous themed workshops. Keynote speakers included Andreas S. Weigend, former Chief Scientist of Amazon.com and Polly A. Bauer, former President & CEO of Home Shopping Network Credit Corporation.

Here is what some of our attending merchants had to say about the event:

"I was delighted to be part of the perspectives'10 conference in Prague; the GlobalCollect team put together a wonderful agenda providing a high quality variety of key note speakers and seminars. I was able to make some useful contacts which will prove valuable as our partnership with GlobalCollect expands in the future. Thank you GlobalCollect!" (Lucia Gascoigne, Business Analyst at TNT)

“GlobalCollect’s perspectives‘10 was a great medium for exchanging and understanding issues and best practices in the international environment of payment methods through a wide spectrum of companies.” (Jerome Petit, Head of Finance of Snapfish International)

“perspectives’10 was a very powerful forum in which to learn and network amongst a diversified group of international merchants. Information sharing events such as this are extremely valuable in helping to stay on top of the ever-changing global payment landscape. GlobalCollect was a great host and did an extraordinary job of putting everything together.” (Anthony Marsella, Director Financial Planning & Analysis of Direct Wines)

“While Travel Guard operates primarily in the travel space, the diversity of attendees and content at the recent GlobalCollect client conference in Prague provided a wealth of information in regard to processing electronic payments in a global environment. The conference provided many opportunities for attendees to share payment processing challenges and best practices with a well balanced mixture of keynote speakers and payment processing workshops." (Jeff Schafer, Vice President, Global Distribution of Travel Guard Worldwide Inc.)

"It's hard to pick a favorite session because I liked them all but I have to say Andreas Weigend's keynote really got me thinking on a higher level." (Amine Saoudi, CFO of Splendia)

# End #

About GlobalCollect

GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail and telephone orders, and specialized in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming, and digital content. While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices. www.globalcollect.com

Contacts

GlobalCollect

Bettina Duske

Manager PR & Marketing Communications

Tel: +31-(0)23 567 1500

E-Mail: press.globalcollect@globalcollect.com

Permalink: http://www.businesswire.com/news/home/20100608006001/en/GlobalCollect-Draws-Top-Online-Merchants-Prague-eCommerce

TheFind and buySAFE Partner to Help Online Merchants Increase Shopper Confidence and Extend Consumer Protections

MOUNTAIN VIEW, Calif. and ARLINGTON, Va., June 8 /PRNewswire/ -- TheFind, a top 2 shopping engine, and buySAFE, Inc., a leading provider of consumer confidence and website conversion solutions, today announced a partnership to enable merchants to easily extend the buySAFE 3-in-1 Guarantee to shoppers on TheFind.com – for free.  Through TheFind's merchant center, registered stores can sign up to offer the buySAFE Guaranteed service, which provides shoppers on TheFind with an enhanced level of confidence that increases conversions and repeat purchases for participating merchants by as much as 15%, according to buySAFE.  

Shoppers who start their shopping on TheFind.com will automatically receive - for free - a buySAFE 3-in-1 Guarantee from all merchants displaying the buySAFE Guaranteed Seal. The buySAFE guarantee specifically offers shoppers a $500 guarantee on all purchases, up to $10,000 in identity theft protection, and a same store low price guarantee of up to $100.  

"Empirically, we have seen increased conversion rates for merchants who display enhanced trust certificates like those available from buySAFE," said Ron Levi, VP of product and brand at TheFind.  "Partnering with buySAFE allows us to help merchants build a more trusted relationship with consumers, which ultimately is a benefit to the merchant, the individual shopper, and TheFind."

As an added incentive, TheFind and buySAFE are offering merchants who sign up before June 30 an opportunity to win a full year of the buySAFE Guaranteed for free.  "There are three questions that determine shoppers' confidence when selecting an online store – is this merchant safe to do business with, will my privacy and personal data be secure, and am I getting the best price," said Jeff Grass, CEO of buySAFE.  "The buySAFE 3-in-1 Guarantee answers each of these questions, making it easier for shoppers to buy from a merchant.  This partnership with TheFind makes it easier for merchants to say yes to displaying the buySAFE Seal and providing the 3-in-1 Guarantee to every buyer referred to their website from TheFind."

This joint offering from TheFind and buySAFE is available immediately to online stores in TheFind's merchant center. Merchants can easily upgrade to the full buySAFE Guaranteed service to increase conversion, maximize profits and offer a buySAFE 3-in-1 Guarantee to all of their shoppers.

About TheFind

TheFind is a top 2 shopping search engine, according to comScore's measure of total visits, and from a base of 23 million visits per month, it is also the category's fastest growing site. Unlike anything before it, TheFind is built on multiple patents that make it simple to shop any store and every store, all at once. With the inclusion of matching coupons, reviews, and local store information, TheFind makes smart buying decisions easy. Founded in 2005, TheFind has been profitable since late 2008. TheFind is headquartered in Mountain View, California, with offices in San Francisco and is backed by Bain Capital Ventures, Lightspeed Venture Partners and Redpoint Ventures.

About buySAFE

buySAFE, Inc. provides eCommerce bonding services that build consumer confidence and provide significant financial and brand building benefits for online merchants. buySAFE's bonding solution is backed by the financial strength of Liberty Mutual, Travelers, and ACE USA and its identity theft protection services are provided in partnership with Assurant Specialty Property. With over 4 billion views of the buySAFE Seal, 20 million bonded purchases and over 3,000 buySAFE Merchants, buySAFE is widely recognized as a leader in providing confidence and safety for online buyers and increased sales and profits for online merchants. buySAFE's investors include Grotech Ventures, Core Capital Partners, VeriSign, Inc. and The Hartford Financial Services Group.

SOURCE TheFind

TheFind and buySAFE Partner to Help Online Merchants Increase Shopper Confidence and Extend Consumer Protections

MOUNTAIN VIEW, Calif. and ARLINGTON, Va., June 8 /PRNewswire/ -- TheFind, a top 2 shopping engine, and buySAFE, Inc., a leading provider of consumer confidence and website conversion solutions, today announced a partnership to enable merchants to easily extend the buySAFE 3-in-1 Guarantee to shoppers on TheFind.com – for free.  Through TheFind's merchant center, registered stores can sign up to offer the buySAFE Guaranteed service, which provides shoppers on TheFind with an enhanced level of confidence that increases conversions and repeat purchases for participating merchants by as much as 15%, according to buySAFE.  

Shoppers who start their shopping on TheFind.com will automatically receive - for free - a buySAFE 3-in-1 Guarantee from all merchants displaying the buySAFE Guaranteed Seal. The buySAFE guarantee specifically offers shoppers a $500 guarantee on all purchases, up to $10,000 in identity theft protection, and a same store low price guarantee of up to $100.  

"Empirically, we have seen increased conversion rates for merchants who display enhanced trust certificates like those available from buySAFE," said Ron Levi, VP of product and brand at TheFind.  "Partnering with buySAFE allows us to help merchants build a more trusted relationship with consumers, which ultimately is a benefit to the merchant, the individual shopper, and TheFind."

As an added incentive, TheFind and buySAFE are offering merchants who sign up before June 30 an opportunity to win a full year of the buySAFE Guaranteed for free.  "There are three questions that determine shoppers' confidence when selecting an online store – is this merchant safe to do business with, will my privacy and personal data be secure, and am I getting the best price," said Jeff Grass, CEO of buySAFE.  "The buySAFE 3-in-1 Guarantee answers each of these questions, making it easier for shoppers to buy from a merchant.  This partnership with TheFind makes it easier for merchants to say yes to displaying the buySAFE Seal and providing the 3-in-1 Guarantee to every buyer referred to their website from TheFind."

This joint offering from TheFind and buySAFE is available immediately to online stores in TheFind's merchant center. Merchants can easily upgrade to the full buySAFE Guaranteed service to increase conversion, maximize profits and offer a buySAFE 3-in-1 Guarantee to all of their shoppers.

About TheFind

TheFind is a top 2 shopping search engine, according to comScore's measure of total visits, and from a base of 23 million visits per month, it is also the category's fastest growing site. Unlike anything before it, TheFind is built on multiple patents that make it simple to shop any store and every store, all at once. With the inclusion of matching coupons, reviews, and local store information, TheFind makes smart buying decisions easy. Founded in 2005, TheFind has been profitable since late 2008. TheFind is headquartered in Mountain View, California, with offices in San Francisco and is backed by Bain Capital Ventures, Lightspeed Venture Partners and Redpoint Ventures.

About buySAFE

buySAFE, Inc. provides eCommerce bonding services that build consumer confidence and provide significant financial and brand building benefits for online merchants. buySAFE's bonding solution is backed by the financial strength of Liberty Mutual, Travelers, and ACE USA and its identity theft protection services are provided in partnership with Assurant Specialty Property. With over 4 billion views of the buySAFE Seal, 20 million bonded purchases and over 3,000 buySAFE Merchants, buySAFE is widely recognized as a leader in providing confidence and safety for online buyers and increased sales and profits for online merchants. buySAFE's investors include Grotech Ventures, Core Capital Partners, VeriSign, Inc. and The Hartford Financial Services Group.

SOURCE TheFind

MasterCard Launches Online Bill Pay Service for MasterCard® Prepaid Programs

Feature-rich service, built on Aliaswire® technology, is easy and cost-effective to implement, and enables issuers and program managers to offer their MasterCard prepaid cardholders pay-anyone capabilities

PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard Worldwide today announced a new bill pay service for MasterCard^® prepaid card issuers and program managers, and their cardholders. This new service leverages the capabilities of payment platform and services provider Aliaswire, combined with the industry-leading bill payment solutions of MasterCard RPPS, to offer MasterCard prepaid partners a feature-rich bill payment service that integrates easily with their prepaid card program, and enables MasterCard prepaid cardholders to conveniently pay bills online or via telephone.

“The process of paying bills just got a lot more convenient for Prepaid MasterCard cardholders who now will have access to a simple, easy to use bill payment service”

Through MasterCard Online Bill Pay, MasterCard prepaid cardholders can easily schedule and make bill payments to anyone directly through their provider’s cardholder website. For added convenience, payments can also be made via telephone, in English or Spanish. To help manage and track bill payments, cardholders can view payments once posted and set reminders for upcoming due dates to help avoid late payments.

“The process of paying bills just got a lot more convenient for Prepaid MasterCard cardholders who now will have access to a simple, easy to use bill payment service,” said Laura Kelly, senior vice president, Global Prepaid & Debit Product Solutions, MasterCard Worldwide. “By integrating the strength of our existing prepaid offering and the bill payment resources and expertise of MasterCard RPPS with the valuable payment functionalities from Aliaswire, we are delivering an advanced bill pay solution that supports our commitment to provide our prepaid partners with innovative and effective ways to deliver value to cardholders and help ensure profitable long-term customer relationships.”

Through an agreement with Aliaswire, MasterCard will leverage Aliaswire’s PayVox™ electronic bill payment solution, designed specifically for prepaid cardholders. This new service allows for fast, easy and secure integration with an issuer’s infrastructure, eliminating integration fees. In addition, the service enables delivery of electronic bill payments to more than 6,000 national and regional U.S. merchants via MasterCard RPPS – the largest online database of billers available – which helps eliminate the cost and hassles for issuers to form direct relationships with bill payment service providers.

“For the large percentage of consumers who still rely on traditional payment methods to pay their bills, this new bill pay service from MasterCard provides them with access to a value-added convenience using their prepaid card and helps make their lives easier,” continued Kelly.

About MasterCard Prepaid Programs & Solutions

Since introducing its first prepaid card in mid 1990s, MasterCard has quickly become a leading prepaid payment card brand. Today, MasterCard combines a set of global prepaid product solutions, processing and advisory services that is unique in the industry, making it a strong business partner for companies looking to successfully participate in the prepaid market. MasterCard prepaid card solutions are being used today to enable global financial inclusion and provide consumers an additional payment choice; deliver cost savings and efficiencies to business and public sector agencies; enhance channels for merchant profitability; and complement existing retail bank strategies by delivering innovation on emerging payments opportunities.

About MasterCard RPPS Bill Payment Solutions

Over two decades, MasterCard RPPS has been at the forefront of electronic bill payments. This leadership has produced powerful insights into the needs of all constituents within the bill payment value chain, enabling MasterCard to develop solutions that hold unique value propositions for customers. In fact, no other single provider offers the entire range of services MasterCard RPPS does today. By delivering innovative and unique solutions to satisfy our customers’ need for better, faster and easier service, MasterCard RPPS is helping financial institutions, processors, and billers drive revenue, reduce costs and optimize their bottom line.

About MasterCard Worldwide

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 22 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information, go to www.mastercard.com. Follow us on Twitter: @mastercardnews.

About Aliaswire

Aliaswire Inc. operates a next-generation Platform as a Service (Paas) to deliver payment solutions in the areas of personal electronic payments, commercial electronic payments and underbanked electronic payments through its mPay™, PayVox™ and DirectBiller™ services. The company offers a highly scalable, secure and redundant platform that can be simultaneously accessed through the web, voice, wireless and CSR channels. Headquartered in Cambridge, Massachusetts, Aliaswire is an ISO 17799, and PCI level 1-certified processor. For additional information, visithttp://www.aliaswire.com.

All trademarks are property of their respective holders.

Contacts

Media Contacts:

MasterCard Worldwide

Sarah Ely, 914-249-6714

sarah_ely@mastercard.com

or

Aliaswire

Xenia Kwee, 617-850-9515

xkwee@aliaswire.com

Permalink: http://www.businesswire.com/news/home/20100608005659/en/MasterCard-Launches-Online-Bill-Pay-Service-MasterCard%C2%AE

MasterCard Launches Online Bill Pay Service for MasterCard® Prepaid Programs

Feature-rich service, built on Aliaswire® technology, is easy and cost-effective to implement, and enables issuers and program managers to offer their MasterCard prepaid cardholders pay-anyone capabilities

PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard Worldwide today announced a new bill pay service for MasterCard^® prepaid card issuers and program managers, and their cardholders. This new service leverages the capabilities of payment platform and services provider Aliaswire, combined with the industry-leading bill payment solutions of MasterCard RPPS, to offer MasterCard prepaid partners a feature-rich bill payment service that integrates easily with their prepaid card program, and enables MasterCard prepaid cardholders to conveniently pay bills online or via telephone.

“The process of paying bills just got a lot more convenient for Prepaid MasterCard cardholders who now will have access to a simple, easy to use bill payment service”

Through MasterCard Online Bill Pay, MasterCard prepaid cardholders can easily schedule and make bill payments to anyone directly through their provider’s cardholder website. For added convenience, payments can also be made via telephone, in English or Spanish. To help manage and track bill payments, cardholders can view payments once posted and set reminders for upcoming due dates to help avoid late payments.

“The process of paying bills just got a lot more convenient for Prepaid MasterCard cardholders who now will have access to a simple, easy to use bill payment service,” said Laura Kelly, senior vice president, Global Prepaid & Debit Product Solutions, MasterCard Worldwide. “By integrating the strength of our existing prepaid offering and the bill payment resources and expertise of MasterCard RPPS with the valuable payment functionalities from Aliaswire, we are delivering an advanced bill pay solution that supports our commitment to provide our prepaid partners with innovative and effective ways to deliver value to cardholders and help ensure profitable long-term customer relationships.”

Through an agreement with Aliaswire, MasterCard will leverage Aliaswire’s PayVox™ electronic bill payment solution, designed specifically for prepaid cardholders. This new service allows for fast, easy and secure integration with an issuer’s infrastructure, eliminating integration fees. In addition, the service enables delivery of electronic bill payments to more than 6,000 national and regional U.S. merchants via MasterCard RPPS – the largest online database of billers available – which helps eliminate the cost and hassles for issuers to form direct relationships with bill payment service providers.

“For the large percentage of consumers who still rely on traditional payment methods to pay their bills, this new bill pay service from MasterCard provides them with access to a value-added convenience using their prepaid card and helps make their lives easier,” continued Kelly.

About MasterCard Prepaid Programs & Solutions

Since introducing its first prepaid card in mid 1990s, MasterCard has quickly become a leading prepaid payment card brand. Today, MasterCard combines a set of global prepaid product solutions, processing and advisory services that is unique in the industry, making it a strong business partner for companies looking to successfully participate in the prepaid market. MasterCard prepaid card solutions are being used today to enable global financial inclusion and provide consumers an additional payment choice; deliver cost savings and efficiencies to business and public sector agencies; enhance channels for merchant profitability; and complement existing retail bank strategies by delivering innovation on emerging payments opportunities.

About MasterCard RPPS Bill Payment Solutions

Over two decades, MasterCard RPPS has been at the forefront of electronic bill payments. This leadership has produced powerful insights into the needs of all constituents within the bill payment value chain, enabling MasterCard to develop solutions that hold unique value propositions for customers. In fact, no other single provider offers the entire range of services MasterCard RPPS does today. By delivering innovative and unique solutions to satisfy our customers’ need for better, faster and easier service, MasterCard RPPS is helping financial institutions, processors, and billers drive revenue, reduce costs and optimize their bottom line.

About MasterCard Worldwide

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 22 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information, go to www.mastercard.com. Follow us on Twitter: @mastercardnews.

About Aliaswire

Aliaswire Inc. operates a next-generation Platform as a Service (Paas) to deliver payment solutions in the areas of personal electronic payments, commercial electronic payments and underbanked electronic payments through its mPay™, PayVox™ and DirectBiller™ services. The company offers a highly scalable, secure and redundant platform that can be simultaneously accessed through the web, voice, wireless and CSR channels. Headquartered in Cambridge, Massachusetts, Aliaswire is an ISO 17799, and PCI level 1-certified processor. For additional information, visithttp://www.aliaswire.com.

All trademarks are property of their respective holders.

Contacts

Media Contacts:

MasterCard Worldwide

Sarah Ely, 914-249-6714

sarah_ely@mastercard.com

or

Aliaswire

Xenia Kwee, 617-850-9515

xkwee@aliaswire.com

Permalink: http://www.businesswire.com/news/home/20100608005659/en/MasterCard-Launches-Online-Bill-Pay-Service-MasterCard%C2%AE

MoneyGram International Announces Significant Expansion in Nigeria with over 500 First Bank Locations

MoneyGram CEO in Nigeria to launch the service and reinforce company’s commitment to grow its network in the country

MINNEAPOLIS--(BUSINESS WIRE)--MoneyGram International (NYSE:MGI), a leading global money transfer company, announced today that First Bank of Nigeria Plc has selected MoneyGram to provide money transfer services in its more than 500 locations across the nation. First Bank, established in 1894, is Nigeria’s oldest bank and one of the largest in terms of network size. First Bank has locations in all key cities including Abuja, Benin, Lagos, Iabdan, Port Harcourt, and Warri as well as a significant presence in rural Nigeria, some operating 24 hours a day, seven days a week, making MoneyGram services even more convenient for Nigerians.

“Our partnership will help to ensure that our services are accessible and convenient for the people of Nigeria and that we can continue to meet the growing demand of consumers in this important remittance market.”

“MoneyGram, which has operated in Nigeria since 1998, saw significant growth between 2006 and 2008 when it tripled its network in the country,” said Vicky Johnston, MoneyGram’s senior regional director for Anglo Africa and Middle East. “We are excited about partnering with First Bank as it is MoneyGram’s most recent and significant expansion which will allow us to provide a service to so many more people through the bank’s large number of branches.”

To commemorate the agreement with First Bank Plc, MoneyGram’s Chairman and CEO, Pamela H. Patsley is in Nigeria and will attend the official launch event scheduled for today. During her visit, Patsley will address the media as well as CEOs of MoneyGram’s agent banks in Nigeria, discussing the common goal of bringing needed financial services to the people of Nigeria and the growth opportunities there.

“MoneyGram is pleased to partner with First Bank,” said Patsley. “Our partnership will help to ensure that our services are accessible and convenient for the people of Nigeria and that we can continue to meet the growing demand of consumers in this important remittance market.”

Nigeria, Africa’s most populous nation, is ranked in the top 10 receive countries for money transfers. The World Bank estimates that $10 billion USD in remittances was sent to Nigeria in 2009 – with the United States being the primary send country. Other top send countries include Canada, Germany, Israel, Italy, Liberia, Libya, Malaysia, Spain, South Africa and the United Kingdom.

With the First Bank agreement, MoneyGram now has a total of eight bank relationships, thus further proving that MoneyGram is dedicated to providing reliable and safe money transfer services to Nigerians – wherever they may reside. Furthermore, agent banks in Nigeria have brought a positive experience to the remittance business with their individual pedigree in banking, service quality delivery and branch network, which provides a sense of ease for those receiving funds from family members working in other countries.

Additionally, MoneyGram is pleased to announce Nigerian immigrants in the U.S. can send up to $50 USD for the cost of $5 USD from the U.S. to Nigeria. This special pricing is available in the over 33,400 U.S. locations and is effective from June 1 to July 31, 2010.

About MoneyGram International

MoneyGram International offers more choices for people separated from friends and family by distance or those with limited bank relationships to meet their financial needs. A leading global provider of money transfer services, MoneyGram International helps consumers to safely send money around the world with funds arriving at available agent locations in as little as 10 minutes. Its global network is comprised of 200,000 agent locations in more than 190 countries and territories. MoneyGram’s convenient and reliable network includes retailers, international post offices and financial institutions. To learn more about money transfer at an agent location, please visit www.moneygram.com or find us on Facebook.

Contacts

MoneyGram International

Lori Burzynski, 214-999-7509

lburzynski@moneygram.com

Permalink: http://www.businesswire.com/news/home/20100608005169/en/MoneyGram-International-Announces-Significant-Expansion-Nigeria-500

MoneyGram International Announces Significant Expansion in Nigeria with over 500 First Bank Locations

MoneyGram CEO in Nigeria to launch the service and reinforce company’s commitment to grow its network in the country

MINNEAPOLIS--(BUSINESS WIRE)--MoneyGram International (NYSE:MGI), a leading global money transfer company, announced today that First Bank of Nigeria Plc has selected MoneyGram to provide money transfer services in its more than 500 locations across the nation. First Bank, established in 1894, is Nigeria’s oldest bank and one of the largest in terms of network size. First Bank has locations in all key cities including Abuja, Benin, Lagos, Iabdan, Port Harcourt, and Warri as well as a significant presence in rural Nigeria, some operating 24 hours a day, seven days a week, making MoneyGram services even more convenient for Nigerians.

“Our partnership will help to ensure that our services are accessible and convenient for the people of Nigeria and that we can continue to meet the growing demand of consumers in this important remittance market.”

“MoneyGram, which has operated in Nigeria since 1998, saw significant growth between 2006 and 2008 when it tripled its network in the country,” said Vicky Johnston, MoneyGram’s senior regional director for Anglo Africa and Middle East. “We are excited about partnering with First Bank as it is MoneyGram’s most recent and significant expansion which will allow us to provide a service to so many more people through the bank’s large number of branches.”

To commemorate the agreement with First Bank Plc, MoneyGram’s Chairman and CEO, Pamela H. Patsley is in Nigeria and will attend the official launch event scheduled for today. During her visit, Patsley will address the media as well as CEOs of MoneyGram’s agent banks in Nigeria, discussing the common goal of bringing needed financial services to the people of Nigeria and the growth opportunities there.

“MoneyGram is pleased to partner with First Bank,” said Patsley. “Our partnership will help to ensure that our services are accessible and convenient for the people of Nigeria and that we can continue to meet the growing demand of consumers in this important remittance market.”

Nigeria, Africa’s most populous nation, is ranked in the top 10 receive countries for money transfers. The World Bank estimates that $10 billion USD in remittances was sent to Nigeria in 2009 – with the United States being the primary send country. Other top send countries include Canada, Germany, Israel, Italy, Liberia, Libya, Malaysia, Spain, South Africa and the United Kingdom.

With the First Bank agreement, MoneyGram now has a total of eight bank relationships, thus further proving that MoneyGram is dedicated to providing reliable and safe money transfer services to Nigerians – wherever they may reside. Furthermore, agent banks in Nigeria have brought a positive experience to the remittance business with their individual pedigree in banking, service quality delivery and branch network, which provides a sense of ease for those receiving funds from family members working in other countries.

Additionally, MoneyGram is pleased to announce Nigerian immigrants in the U.S. can send up to $50 USD for the cost of $5 USD from the U.S. to Nigeria. This special pricing is available in the over 33,400 U.S. locations and is effective from June 1 to July 31, 2010.

About MoneyGram International

MoneyGram International offers more choices for people separated from friends and family by distance or those with limited bank relationships to meet their financial needs. A leading global provider of money transfer services, MoneyGram International helps consumers to safely send money around the world with funds arriving at available agent locations in as little as 10 minutes. Its global network is comprised of 200,000 agent locations in more than 190 countries and territories. MoneyGram’s convenient and reliable network includes retailers, international post offices and financial institutions. To learn more about money transfer at an agent location, please visit www.moneygram.com or find us on Facebook.

Contacts

MoneyGram International

Lori Burzynski, 214-999-7509

lburzynski@moneygram.com

Permalink: http://www.businesswire.com/news/home/20100608005169/en/MoneyGram-International-Announces-Significant-Expansion-Nigeria-500

PNC Enters Into License Agreement With LML

LML and PNC Settle Litigation

VANCOUVER, British Columbia, June 7, 2010 (GLOBE NEWSWIRE) -- LML Patent Corp. ("LML"), a wholly-owned, indirect subsidiary of LML Payment Systems Inc. (the "Corporation") (Nasdaq:LMLP), announced today that PNC Financial Services Group Inc. and PNC Bank N.A. (collectively "PNC") have entered into a Settlement and License Agreement (the "Agreement") with respect to litigation filed by LML in the US District Court for the Eastern District of Texas alleging that PNC infringed U.S. Patent No. RE40220. The Agreement provides PNC with a license to LML's patents for electronic check conversion transactions including "ARC", "WEB", "POP", "TEL" and "BOC". In connection with the Agreement, PNC has agreed to pay LML compensation in the amount of $1,375,000 for releases, licenses, covenants and all other rights granted under the Agreement.  "We are extremely pleased to have settled our litigation with PNC and we welcome them as valued licensees," said Patrick H. Gaines, chief executive officer.  LML was represented in the license negotiations by the law firm McKool Smith P.C. About LML Payment Systems Inc. (www.lmlpayment.com) LML Payment Systems Inc., through its subsidiaries Beanstream Internet Commerce Inc. in Canada and LML Payment Systems Corp. in the U.S., is a leading provider of financial payment processing solutions for e-commerce and traditional businesses. We provide credit card processing, online debit, electronic funds transfer, automated clearinghouse payment processing and authentication services, along with routing of selected transactions to third party processors and banks for authorization and settlement. Our intellectual property estate, owned by subsidiary LML Patent Corp., includes U.S. Patent No. RE40220, No. 6,354,491, No. 6,283,366, No. 6,164,528, and No. 5,484,988 all of which relate to electronic check processing methods and systems.

PNC Enters Into License Agreement With LML

LML and PNC Settle Litigation

VANCOUVER, British Columbia, June 7, 2010 (GLOBE NEWSWIRE) -- LML Patent Corp. ("LML"), a wholly-owned, indirect subsidiary of LML Payment Systems Inc. (the "Corporation") (Nasdaq:LMLP), announced today that PNC Financial Services Group Inc. and PNC Bank N.A. (collectively "PNC") have entered into a Settlement and License Agreement (the "Agreement") with respect to litigation filed by LML in the US District Court for the Eastern District of Texas alleging that PNC infringed U.S. Patent No. RE40220. The Agreement provides PNC with a license to LML's patents for electronic check conversion transactions including "ARC", "WEB", "POP", "TEL" and "BOC". In connection with the Agreement, PNC has agreed to pay LML compensation in the amount of $1,375,000 for releases, licenses, covenants and all other rights granted under the Agreement.  "We are extremely pleased to have settled our litigation with PNC and we welcome them as valued licensees," said Patrick H. Gaines, chief executive officer.  LML was represented in the license negotiations by the law firm McKool Smith P.C. About LML Payment Systems Inc. (www.lmlpayment.com) LML Payment Systems Inc., through its subsidiaries Beanstream Internet Commerce Inc. in Canada and LML Payment Systems Corp. in the U.S., is a leading provider of financial payment processing solutions for e-commerce and traditional businesses. We provide credit card processing, online debit, electronic funds transfer, automated clearinghouse payment processing and authentication services, along with routing of selected transactions to third party processors and banks for authorization and settlement. Our intellectual property estate, owned by subsidiary LML Patent Corp., includes U.S. Patent No. RE40220, No. 6,354,491, No. 6,283,366, No. 6,164,528, and No. 5,484,988 all of which relate to electronic check processing methods and systems.

Voltage Security Selected by Elavon for End to End Encryption

 PALO ALTO, CA, Jun 08, 2010 (MARKETWIRE via COMTEX) -- Voltage Security, Inc. (www.voltage.com), the global leader in end-to-end data protection, and Elavon(TM), a wholly owned subsidiary of U.S. Bancorp (USB 22.42, -0.05, -0.20%) and a leading global payments provider, today announced that Voltage has been selected as part of Elavon's comprehensive and enhanced security offerings for its merchant network.



Voltage SecureData(TM) featuring Voltage's breakthrough Format-Preserving Encryption (FPE), coupled with simplified key management supplied by Voltage Identity-Based Encryption (IBE), becomes one of the end-to-end encryption approaches for Elavon's gateway and acquiring solutions.

"With the addition of Elavon, Voltage has now been chosen by three of the top five payment processors for end-to-end encryption. With its dedication to providing innovative payment solutions, we look forward to working with Elavon to secure transactions throughout their processing network," said Sathvik Krishnamurthy, president and CEO of Voltage Security.

"Data privacy and transaction security has always been a priority at Elavon. We believe that robust encryption, coupled with simplified overhead and administration will become an important part of secure end-to-end processing for many of our merchants," said Christopher S. Kenyon, Chief Information Officer and executive vice president systems and technology, Elavon.

Voltage end-to-end payment security solutions are available integrated with a variety of hardware platforms and as a software-only implementation for e-commerce. For a full list of Voltage payment partners please visit: www.voltage.com/partners/payment.htm.

About Elavon

Elavon's Global Acquiring Solutions organization is a part of U.S. Bancorp. Elavon provides end-to-end payment processing services to more than one million merchants in the United States, Europe, Canada, Mexico and Puerto Rico. Solutions include credit and debit card processing, electronic check services, gift cards, dynamic currency conversion, multi-currency support, and cross-border acquiring. Elavon's services are marketed through multiple alliance partner channels including financial institutions, trade associations and ISOs. Elavon has solutions to meet the needs of merchants in specialized markets including small business, retail, hospitality/T&E, health care, education and the public sector. Visit Elavon online at www.elavon.com.

About Voltage Security

Voltage Security, Inc., an enterprise security company, is an encryption innovator and global leader in end-to-end data protection. Voltage solutions, based on next generation cryptography, provide end-to-end encryption, tokenization, masking and simplified key management for protecting sensitive information such as card holder data. Voltage products enable reduction in PCI audit cost with rapid implementation and the lowest total cost of ownership in the industry through the use of award-winning cryptographic solutions, including Voltage Identity-Based Encryption(TM) (IBE) and a new breakthrough innovation: Format-Preserving Encryption(TM) (FPE). Offerings include Voltage SecureMail(TM), Voltage SecureData(TM), Voltage SecureFile(TM) and the Voltage SecureMail Network(TM) (VSN), an on-demand managed service for the extended business network.

As a service to the industry and general public, the company maintains the Voltage Data Breach Index and Map which is continuously updated with global data breach information: www.voltage.com/data-breach. The Company has been issued several patents based upon breakthrough research in mathematics and cryptographic systems. Customers include Global 1000 companies in banking, retail, insurance, energy, healthcare and government. To learn more about Voltage customers and sign up for the customer news letter please visit www.voltage.com/customers.

Voltage Identity-Based Encryption, Voltage Format-Preserving Encryption, Voltage SecureMail, Voltage SecureFile, Voltage SecureData and the Voltage SecureFile Network (VSN), are registered trademarks of Voltage Security, Inc.