Today, MasterCard Worldwide put out a press release on its website announcing to the world that Ed McLaughlin has a new job as the Chief Emerging Payments Officer and Eileen Simon as the Chief Franchise Development Officer at the company. The appointment for the two individuals is effective immediately according to the announcement. McLaughlin’s job description ...
EnStream LP is considered the leading mobile commerce platforms in Canada with partnership with the major wireless carriers such as Rogers, TELUS, Bell, etc. Two days ago the company announced some very interesting news about Zoompass, its domestic person-to-person (P2P) money transfer services. The company announced that any domestic money transfer made utilizing the Zoompass ...
Yesterday we found out through a company press release that BBVA Compass got a four year renewed of its contract with Fiserv. The contract was renewed for CHeckFree RXP an online payments and billing platform with Fiserv, a company that offers technology for the financial services sector. The renewal for the next four years will ...
August 22, 2010 is the day the new federal regulations over open-loop and closed-loop gift cards will take effect. Here are the difference between open-loop and closed-loop: open-loop are basically gift cards issued by the provider that can be used at more than one business (multiple merchants) and rules and regulations regarding open-loop are governed ...
Wright Express Corporation, a global provider of information management software and provider of electronic payment processing services, has agreed to purchase the Australian unit of Retail Decisions from Palamon Capital Partners for $318 million. Retail Decisions is the largest fuel credit card issuer in Australia having well over 260,000 of their cards in the hands ...
Credit unions all over the United States had a big victory Thursday, July 29, 2010 when during the night the Senate committee approved an amendment to get rid of certain provisions that would have limited interchange rate on government credit card transactions. Because of the amendment, a particular bill that is key which was included ...
MasterCard Worldwide announced today that Tara Nathan will be the CEO of a new joint venture with Smart Hub, Inc. Nathan has been hired since July 26, 2010 but the news was released to the Press today. Nathan will head and oversee the development of the Mobile Payment Gateway for MasterCard which is an open ...
SmartMetric, Inc, a patent holding technology company based out of Bay Harbor, Florida, today put out a press release announcing that it has filed complaints against MasterCard and Visa for patent infringement and this recent one is the second Amended Compliant against the parties involved. SmartMetric has included full scanned copies of the compliant file ...
CashStar has partnered with SVM (a company based out of the Chicago metro area) to distribute CashStar’s eGift cards to its business customers. SVM is one of the leaders in the retail and gasoline gift cards distribution space and so far they are the only company to offer such products from all of the major ...
Wells Fargo has been named the best internet bank in the United States for two years in a row by Global Finance when several banks were compared during a consumer Internet Bank competition. The consumer category in which Wells Fargo fared better than its competitors were: for having the best internet web site design in ...