Payment News

Visa and Bank of America Launching Contactless Mobile Payment in September 2010

08.20.2010 · Posted in Banking News, Mobile Payment News

Bank of America, the largest financial institution in the United States, and Visa, the largest payment processor in the world, has plans to start test pilot program next month in New York for Near Field Communication (NFC) mobile contactless payments that will allow consumers to utilize their mobile phone to purchase goods and services at ...

MasterCard Enters Agreement to Acquire DataCash Group for E-Commerce Payment Expansion

08.19.2010 · Posted in MasterCard

MasterCard Incorporated, a company that processes well over 23 billion transactions each year and services businesses, merchants, financial institutions, and cardholders in more than 211 territories and countries from around the globe, today announced that it has entered into an agreement to buy a European e-commerce payment processor called DataCash Group plc for about $520 ...

Regions Bank Introduces YourPix Studio Personalized CheckCards

08.18.2010 · Posted in Banking News

Regions Bank, a financial institution with more than $134 billion in assets, and one of the largest providers of commercial and consumer banking services in the United States, has launched a new product called Regions YourPix Studio® which offers businesses and consumers in the U.S. the ability to personalize their Regions Visa CheckCard. Everybody is ...

Mitek Systems Receives U.S. Patent for Mobile Remote Deposit Capture Application

08.18.2010 · Posted in Check Processing - Check 21 (RDC)

Mitek Systems, Inc, a technology company based in San Diego, California that manufactures highly innovative image devices and mobile documents capture software for smartphones, announced that it has been granted United States patent for its Mobile Deposit application used for Remote Deposit Capture (RDC) on mobile phones. Mitek’s mobile deposit technology allows for consumers to ...

Ceridian Stored Value Solutions Offers New SKU Capabilities for Retailers

08.18.2010 · Posted in Gift and Loyalty Card Programs

Ceridian Stored Value Solutions, company based out in Louisville, Kentucky and a global provider of custom gift card programs for retailers with over $500 million gift cards in circulation and over $1 billion gift card transaction every year, today announced that it’s offering precision marketing and better control of payment for merchants via a new ...

Ingenico Selected by Redeban Multicolor to Supply iCT220 Point of Sale Terminal

08.17.2010 · Posted in Payment Processing

Ingenico, a company based out of France and offers global payment processing solution for many retailers, today announced that Redeban Multicolor, a processor in Colombia that processes payments for MasterCard and Maestro, has selected them to supply Redeban Multicolor’s business merchants with the Ingenico iCT220 point-of-sale terminal in a strategic partnership. Ingenico will offer more ...

RBS WorldPay Chosen by Aldelo Systems as Preferred Payment Processor

08.17.2010 · Posted in Payment Processing

RBS WorldPay, the American based payment processing unit for Royal Bank of Scotland Group, running U.S. operations out of Atlanta, Georgia, which sold off 80% of its processing unit for a $3 billion deal to Advent International and Bain Capital two weeks ago, announced today that it has completed point-of-sale application certification of Aldelo Systems. ...

Banco Nacional de Costa Rica to Deploy More than 13,000 Hypercom Optimum Terminals

08.17.2010 · Posted in Other Payment News

Hypercom Corporation, one of the worldwide leaders when it comes to payment technology that delivers the best in class security, software solution, payment products, and services, today announced that Banco Nacional de Costa Rica, a bank based in Costa Rica and one of the country’s largest, having well over 160 branch and offices through the ...

Next Version of PayPal iPhone App to add Remote Deposit Capture and Charitable Donations

08.16.2010 · Posted in Mobile Payment News

Leena Rao of TechCrunch recently spoke with the president of PayPal, Scott Thompson, and was told the latest up coming version of PayPal’s iPhone App, which is due to be release by end of 2010, will have mobile remote deposit capture technology for user to deposit checks without going to the bank and it will ...

Mitek Systems Financial Results for Third Quarter of Fiscal 2010

08.16.2010 · Posted in Check Processing - Check 21 (RDC)

Mitek Systems, Inc., a company based out of San Diego, California with innovative products for mobile document capture and mobile remote check deposit applications for most smart phones on the market, today announced its third quarter financial results ended June 30, 2010. Download complete third quarter fiscal 2010 results from the SEC.gov website. Mitek Systems’ ...