$1.1 Billion GAAP Revenue for Fiserv in Q1

May 01, 2012 04:01 PM Eastern Daylight Time 

Fiserv Reports First Quarter 2012 Results

Logo for Fiserv (Photo credit: Wikipedia)

• Adjusted internal revenue growth of 4 percent;
• Adjusted EPS increases 18 percent to $1.20;
• Full year 2012 guidance affirmed

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today reported financial results for the first quarter of 2012.

“We are off to a great start in 2012 with above plan performance for revenue and earnings per share in the quarter”

GAAP revenue in the first quarter was $1.11 billion compared with $1.05 billion in the first quarter of 2011. Adjusted revenue was $1.03 billion in the first quarter compared with $982 million in 2011, an increase of 5 percent.

GAAP earnings per share from continuing operations for the first quarter was $0.95 compared with $0.77 in the first quarter of 2011. Adjusted earnings per share from continuing operations in the first quarter increased 18 percent to $1.20 compared with $1.02 in the comparable quarter of 2011.

“We are off to a great start in 2012 with above plan performance for revenue and earnings per share in the quarter,” said Jeffery Yabuki, President and Chief Executive Officer of Fiserv. “There is continuing evidence that our broad range of technology solutions will support the needs of the evolving financial services market.”  read more

CHARGE Anywhere "Taps" into the Future with NFC Payment Acceptance on BlackBerry® Smartphones

PRESS RELEASE

May 1, 2012, 1:32 p.m. EDT

BlackBerry World(TM) 2012

SOUTH PLAINFIELD, N.J., May 1, 2012 /PRNewswire via COMTEX/ -- CHARGE Anywhere® LLC, a leading developer and provider of award-winning, secure mobile payment applications and payment gateway technology, will publicly introduce their latest CHARGE Anywhere for BlackBerry® payments software featuring NFC payment technology at the BlackBerry World event this week in Orlando, Florida.The CHARGE Anywhere Mobile Payment App for BlackBerry enables business owners to accept payments on their BlackBerry smartphone or PlayBook(TM) and securely process credit and debit cards anywhere their business takes them. Now, businesses operating on the BlackBerry 7 OS platform can accept NFC enabled credit and debit cards like Visa®'s payWave or MasterCard®'s PayPass by simply tapping their customer's card to the BlackBerry and receive an approval within a few seconds.

Businesses that use BlackBerry Curve(TM) and Bold(TM) with NFC technology can quickly and easily tap their customer's NFC enabled card to the device and sign on the screen for a fast and secure transaction, enhancing the customer's convenience and overall experience.

With just a BlackBerry, and no additional hardware like an audio jack card reader for example, business owners will qualify for the lowest card processing rates and the highest data security. NFC enabled card payment transactions provide businesses a very low risk card payment transaction and confirm that the card is present at the time of transaction.

"We are proud to say that CHARGE Anywhere is the first Mobile Payment App provider to support NFC initiated credit and debit card payment acceptance on BlackBerry NFC enabled devices," said Paul Sabella, CEO of CHARGE Anywhere. "CHARGE Anywhere has a legacy of supporting mobile payments on BlackBerry devices dating back to the original RIM 950 two-way pager."

The new release for BlackBerry signifies CHARGE Anywhere's commitment to leading the future of payment technology acceptance methods with support for payments with NFC Technology. About CHARGE Anywhere: CHARGE Anywhere is the developer Payment Card Industry PA-DSS certified CHARGE Anywhere® v2.0.0 Mobile Payment/POS software solution designed for use with Smartphones, Tablets, POS Terminals and e-commerce, Web terminal and PCI DSS Level 1compliant ComsGate® Payment Gateway services. CHARGE Anywhere offers the most secure and robust selection of industry specific and custom payments solutions and services, including: Payment Gateway, Mobile Payment Applications, POS software, End to End Encryption and Data Security Services, Closed Loop Card Management and Merchant Billing Services. For more information visit them at http://www.chargeanywhere.com , or (800)211-1256.©2012 CHARGE Anywhere, LLC. All trademarks, service marks, and trade names referenced in this material are the property of their respective owners. Research in Motion, the RIM logo, BlackBerry, the BlackBerry logo and SureType are registered with the U.S. Patent and Trademark Office and may be pending or registered in other countries - these and other marks of Research in Motion Limited are used under license.

SOURCE CHARGE Anywhere

MobileMedia: Why Mobile Payments are in Trouble

ePaymentNews      Two new results for "Near Field Communications"

RIM Debuts NFC-Based Music Accessory InformationWeek This revised media product has been endowed with one important bit of technology--near-field communications. The Music Gateway is an accessory that lets BlackBerry owners share their music with a home or car stereo system. The setup is rather simple. See all stories on this topic »

Why Mobile Payments Are in Trouble Mobiledia Merchants need to install mobile device readers, and near-field communications (NFC) technology, which many e-wallet offerings are leaning on, has yet to be baked into many mobile devices, leaving crucial pieces of the equation missing with retailers ... See all stories on this topic » Mobiledia

---

iPhone 5 Expected to Have NFC Capabilities

ePaymentNews    One new result for "Near Field Communications"

iPhone 5 expected with NFC capability, A5X CPU iPhone 4 with a pingping NFC sticker (Photo credit: Wikipedia) Northern Voices Online A latest report in Computer World suggests iPhone 5 will come with (Near Field Communications) NFC capability. The Near Field Capability is going to make the iPhone 5 all the more desired by Apple fans across the world. Near Field Communication (NFC) ... See all stories on this topic »

---

Related articles

• Apple patent suggests NFC for iPhone 5 (nfcdata.com)
• Revealed by ePaymnent News: iPhone 5 To Feature NFC Chip, Mobile Wallet (epaymentnews.blogspot.com)
• Apple iPhone 5 Will Have NFC? (epaymentnews.blogspot.com)

Google, PayPal protest to EU against Brits' pay-by-bonk threesome

ePaymentNews      Four new results for NFC Mobile Payment

NFC payments impact will be slight, says IEEE fellow IEEE Logo (Photo credit: Wikipedia) NFCNews NFC-enabled mobile payments may not have the kind of immediate impact the likes of Google and Isis are hoping for, according to Institute of Electrical and Electronics Engineers (IEEE) fellow Jack Winters. In an interview with Network World, ... See all stories on this topic »

Aukland to trial mobile wallet on transit network NFCNews Developed in partnership with Gemalto, Westpac and Paymark, the trial will involve some 30 staff from the six organizations using mobile phones to make NFC payments on Aukland's buses, trains and ferries, as well as at certain retailers. See all stories on this topic »

Google, PayPal protest against Brits' pay-by-bonk threesome Register By Bill Ray • Get more from this author Google and PayPal have reportedly been whispering to the EU that allowing the UK operators to band together and promote NFC payments would be anticompetitive and shouldn't be allowed. See all stories on this topic »

Survey shows 66% of retailers want mobile POS NFCNews A new survey from Motorola Solutions shows there is increasing interest from retail, hospitality and field service industries for mobile Point of Sale (mPOS) solutions, such as NFC payments and mobile loyalty programs, as a core strategy for improving ... See all stories on this topic »

---

Survey Says Most American's Don't Want Mobile Payments

Survey Says Most Americans Don't Want Mobile Payments
Gotta Be Mobile


Translation:  American's want privacy and security instead of convenience and simple.

The main reason the people surveyed seem reluctant to use mobile payments is security.

Four out of five people surveyed also said they wouldn't use mobile payment systems that gave stores their home phone number or home address. 

Of those surveyed, 96 percent said they wouldn’t approve of systems that use their phones to track them when browsing stores.

Read more: Mobile Payment News Briefs: 27 Breaking Stories for May 1st | NFC Mobile Payment Industry News Blog http://epaymentnews.blogspot.com/2012/05/mobile-payment-news-briefs-27.html#ixzz1tcsyfO8K 
ePayment News Blog 

Mobile Payment News Briefs: 27 Breaking Stories for May 1st

ePaymentNews                          27 new results for "Mobile Payment"

NFC Reader, Writer, Viewer Stores Unlimited Cards XL Chooses TIBCO Software to Power New Mobile Payment Solution for More Than ... MarketWatch (press release) Mobile Payment Solution XL is at the forefront of delivering new mobile services, and serves more than 46 million subscribers. Its mobile payment platform will not only bring the advantages of mobile payment to consumers, but allow XL and its ecosystem ... See all stories on this topic »

SalesVu 2.0 Launches in the US and Canada, Gains Technology Advantage over ... MarketWatch (press release) AUSTIN, Texas, May 01, 2012 (BUSINESS WIRE) -- Austin-based SalesVu just released its latest mobile payment application, SalesVu 2.0 for iPhone's and iPad's. The new update solidifies SalesVu's technology leadership position as the only mobile payment ... See all stories on this topic »

Mozido and Tata Consultancy Services Establish Strategic Alliance to Globally ... MarketWatch (press release) DALLAS and MUMBAI, India, April 30, 2012 /PRNewswire via COMTEX/ -- Mozido and Tata Consultancy Services (TCS) today announced a strategic partnership which supports the global expansion of Mozido's unique mobile payment platform, including a robust ... See all stories on this topic »

Familiarity will make mobile payment feel more secure Marketing Week The last few weeks have been no different, as Barclaycard and O2 have made announcements relating to mobile payment technology. Barclaycard released a new 'mobile' payment card that sticks onto the back of a phone, to be used at contactless payment ... See all stories on this topic » Marketing Week

The New Pay Phone and What It Knows About You New York Times (blog) Mobile payment is common in many parts of the world, and slowly gaining acceptance in the United States, particularly with young consumers. A Federal Reserve survey found those in the age bracket of 18 to 44 represented more than two-thirds of mobile ... See all stories on this topic »

Mozido, Tata team on m-payment services Mobile Payments Today Mozido, a Dallas-based provider of mobile financial services, announced it is partnering with Tata Consultancy Services to support the global expansion of Mozido's mobile payment platform, including an Enterprise Global Cloud Payment Network. See all stories on this topic »

Most Americans don't plan to use mobile payment systems, says survey The Verge By Andrew Webster on April 30, 2012 12:01 pm 86Comments New mobile payment solutions are launching left and right, but if a study from the University of California, Berkeley is any indication, Americans aren't quite ready to start paying with their ... See all stories on this topic »

Rev Worldwide Adds Key Executives To Growing Operations MarketWatch (press release) AUSTIN, Texas, May 1, 2012 /PRNewswire via COMTEX/ -- Today Rev Worldwide, a global leader in financial services and mobile payment products for underserved markets, welcomed former GE Capital Executive, Mauricio Benavides, as the Company's Chief ... See all stories on this topic »

Survey: Most Americans Don't Plan to Use Mobile Payment Systems Cleveland Leader Published on 04/30/2012 - 5:29pm New mobile payment solutions seem to be popping up everyday, but according to the results of a new study from the University of California, Berkeley, American's aren't ready to embrace the new technology and start ... See all stories on this topic »

Download O2 Wallet UK mobile payment app Phones Review The way we pay for things and manage our finances are changing quickly recently with the advancement of mobile technology in recent years, and today we can tell you about the availability of the O2 Wallet UK mobile payment app that is ready to download ... See all stories on this topic » Phones Review

Metaforic Announces Protection For Android Financial Applications Sacramento Bee Gartner forecasts mobile payment transaction value worldwide to grow from $86 billion in 2011 to $426 billion in 2015. Similarly, Gartner forecasts worldwide mobile payment users to increase from over 141 million today to almost 350 million in 2015. See all stories on this topic »

Why LevelUp Works BostInno If a report by the Pew & American Life Project is to be believed, two things are clear: The mobile payment future is upon us, and getting from here to there won't be easy. Pew's report, The Future of Money in a Mobile Age, came out earlier this month ... See all stories on this topic »

Federal Trade Commission Hosts Public Workshop on Mobile Payments JD Supra (press release) Still, the workshop is a resource for anyone who wants to learn more about emerging mobile payment technologies and the issues they raise. The workshop was recorded and is available for viewing here. The first panel included representatives from ... See all stories on this topic »

TGI Friday's Lets Customers Pay With iPhone, Android PC Magazine Currently, 350 of the chain's 600 locations nationwide are now accepting the new mobile payment method. Users can download the app now from the Apple App Store or Google Play. "This new app puts the Friday experience at guests' fingertips – whether ... See all stories on this topic »

TGI Friday's lets you pay with your smartphone TG Daily There are 350 TGI Friday's locations, out of around 650 nationwide, that offer the new mobile payment technology. The special app for the restaurant is available on the App Store and Google Play. This isn't the same kind of mobile payment technology ... See all stories on this topic » TG Daily

Survey Says Most Americans Don't Want Mobile Payments Gotta Be Mobile Four out of five people surveyed also said they wouldn't use mobile payment systems that gave stores their home phone number or home address. While those surveyed objected to mobile payments being used to track them in stores and transmitting phone ... See all stories on this topic »

Developing Countries Are Revolutionizing Mobile Banking blogs.hbr.org (blog) The story of one such innovation, NPCI's Inter-Bank Mobile Payment Service (IMPS), shows how far ahead India is with this technology. India has a large un-banked population because of the challenge of reach and affordability. See all stories on this topic »

Google and PayPal resist phone firms' m-payment plan Parcel2Go.com Meanwhile, with development of mobile payment platforms offering scope for letting us pay for whatever we want, however and wherever we want – with developers taking a cut each time – it's clear why so many big players are seeming to support freedom of ... See all stories on this topic »

New mobile remittance corridor from Australia to Nepal PRWire mHITs (pronnounced Em-HITS) a pioneering developer and operator of mobile payment services, today announced that it's Australian SMS mobile wallet service has launched an international mobile remittance corridor to Nepal via its affiliate eSewa. See all stories on this topic »

Google Wallet and PayPal lobby against EU mobile payments TameBay PayPal are experimenting with a raft of mobile payment options but also have yet to launch much in the UK barring the Pizza Express iPhone payment app. In addition to PayPal and Google, all the banks as well as Visa and Mastercard want a slice of the ... See all stories on this topic »

Social spending Telecoms.com (blog) This minimal click solution is the Holy Grail being hunted down by all mobile payment players but, again, it's already something that's been nailed by the likes of Amazon and its One Click patent. Charles Damen, VP of mobile billing and payments at ... See all stories on this topic » Telecoms.com (blog)

Optimal Payments wins mobile payments award at mGaming Summit Virtual-Strategy Magazine Earlier this week, Optimal Payments also presented to a packed audience in the eCommerce theatre at Internet World 2012 on the importance of a mobile wallet in multi-channel selling. This included case studies of mobile payment solutions developed for ... See all stories on this topic »

Mobile services for the poor still a question for technology and innovation Ahram Online The final example Simon gave was from Africa, where mobile payment and settlement allowed a whole new range of operations that supported everyone including the poor. George Sharkov, the regional manager of the European Software Institute in Bulgaria, ... See all stories on this topic » Ahram Online

SalesVu Point of Sale and Mobile Payments for iPad AppAdvice To combat Square's low 2.75%, SalesVu negotiated with its partner Mercury Payment Systems to take the risk and go even lower to a flat 2.7% in the US In Canada, rates vary from 1.73% to 3.26% depending on card type, which means it's (sometimes) lower ... See all stories on this topic » AppAdvice

Mozido Links With Outsourcer Texas Tech Pulse Dallas-based Mozido, the developer of mobile payment products which is backed by TomorrowVentures, the venture investment firm owned by Google Chairman Eric Schmidt, said today that it has linked with Tata Consultancy Services, the major business ... See all stories on this topic »

FCC not doing enough to stop bogus billing msnbc.com Fraud experts warn that cramming on cell phones will become worse than on landlines, as soon as mobile payment technology takes off. "There's significant potential for cramming fraud on wireless devices," says Linda Sherry, director of national ... See all stories on this topic » msnbc.com

Apple released details concerning NFC patents for iPhone 5 QR Code Press The iPhone 5 will be equipped with an NFC chip that will allow it to be used as a mobile payment device and serve other such purposes. Apple has taken a keen interest in NFC technology because of its ability to facilitate contactless data transfer. See all stories on this topic » QR Code Press

Blogs 12 new results for "Mobile Payment"

The Survey Says… Most Americans Don't Plan To Use Mobile ... By Ed Caggiani With the competition heating up in the mobile payment space (Google Wallet vs ISIS), one would think it's something we're all clamoring for. But a recent study from the University of California, Berkeley, concludes that Americans are not quite ... Michael Vacirca

Auckland to test mobile payment By Susan Auckland Transport riders will be able to use smart phones equipped with near-field communications technology to pay transit fares and to make small purchases. TheTransitWire.com

Payfirma Opens its Mobile Payment App for Integration Payfirma, the company creating simple, fast, and secure mobile point of sale products for businesses, has opened up its mobile payment platform to developers. NewsBlaze.com Current News - Canada

Txtnation.com Estimated Value $2059.20 USD » Txtnation, SMS ... Txtnation.com - Mobile Payment, txtNation, SMS Payment, Mobile Billing Solutions Txtnation. Added: 2012-04-30 23:48:26. 286. Daily Visits ... Website Information. Title: Mobile Payment, txtNation, SMS Payment, Mobile Billing Solutions ... WideStat.com - Website Worth...

NRF Urges FTC to Develop 'Mobile Friendly' Regulations - All VoIP ... By AllVoIPNews The FTC is in the process of establishing mobile payment rules and regulations and it is feared that they will not parallel the underlying forms of payment and instead these policies might be specific to the mobile innovation. The VP as well said ... All VoIP News

Square Competitor SalesVu Ups Its Game With New Features For ... By Sarah Perez Funding: $600k. SalesVu prides itself on developing innovative mobile and software-as-a-service solutions (SaaS) designed to make a direct impact to the bottom line for mobile and retail businesses. The SalesVu mobile payment solution is ... TechCrunch

AllThingsD looks at Paypal's new payments app | TUAW - The ... By Kelly Hodgkins AllThingsD reporter Lauren Goode spent some time shopping with both Pay with Square and PayPal's new mobile payment app. The two solutions are one of. TUAW - The Unofficial Apple Weblog

Payfirma Opens its Mobile Payment App for Integration - from ... Payfirma, the company creating simple, fast, and secure mobile point of sale products for businesses, has opened up its mobile payment platform to developers. Any third party mobile application for iPhones, iPads, or Android devices can now ... ITbriefing.net

ARPU going low: the role of financial services in Latin America By Pablo Garcia Arabehety Last December, Starbucks announced that during 2011 it processed 26 million transactions in the US through its mobile payment application. While this news was anecdotal for traditional financial service providers such as banks and credit ... CGAP Technology Blog

Should Apple Acquire Square and Foursquare? By Federico Viticci Assuming Apple would like, someday, to enter the mobile payment scene with the iPhone — perhaps through the oft-rumored NFC — wouldn't it make more sense for Apple to consider an all-iPhone technology that handles payments ... MacStories

The Monetary Future: Be Your Own Bank: Bitcoin Wallet for Apple By noreply@blogger.com (Jon Matonis) This non-dongle iPhone app is especially important now that the 'dongle wars' have heated up between Apple mobile payment competitors Square and PayPal. Ironically with mountains of existing iTunes customer accounts, Apple could find ... The Monetary Future

Bottom Line - FCC not doing enough to stop bogus billing, consumer ... By Herb Weisbaum Fraud experts warn that cramming on cell phones will become worse than on landlines, as soon as mobile payment technology takes off. "There's significant potential for cramming fraud on wireless devices," says Linda Sherry, director of ... Newsvine - Bottom Line - Articles

Web 5 new results for "Mobile Payment"

Most Americans not ready for mobile payment systems, The Verge ... From Yahoo! Finance: Seventy-four percent of Americans surveyed by University of California, Berkeley don't plan to utilize a mobile payment system, The Verge ... finance.yahoo.com/.../most-americans-not-ready-mobile-1706...

Mobile payment - Frictional Games Sad Mobile payment. Hello. I've got a problem, I tried to buy Amnesia (win, linux, mac) by mobile phone. They said I cannot buy Amnesia because my country ... www.frictionalgames.com/forum/thread-15201-lastpost.html

How To Use Mobile Payment Collection Technology To Boost ... By Intermec, Inc. Enterprise investments in mobile automation are enabling field sales and service professionals to complete their tasks faster than ever before. www.retailsolutionsonline.com/.../how-use-mobile-payment-c...

Barclaycard launches PayTag mobile payment - Marketing news ... Barclaycard has launched a contactless payment method called PayTag that works on all ... www.marketingmagazine.co.uk/.../Barclaycard-launches-PayT...

Payfirma Opens its Mobile Payment App for Integration - pymnts.com Payfirma, the company creating simple, fast, and secure mobile point of sale products for businesses, has opened up its mobile payment platform to developers. pymnts.com/.../payfirma-opens-its-mobile-payment-app-for-in...

---