Alternative Payments

UseMyServices Partners With Global Ecom/Mobile Payments Network, Paymenex

UseMyServices Partners With Global Ecom/Mobile Payments Network, Paymenex

Co-operative agreement offers major expansion to both platforms July 24, 2013: Toronto-based UseMyServices,Inc announced today that they have entered into a co-operative agreement with Paymenex TM International, the operator of xTransNET providing users of both platforms a greatly expanded range of services. Under the new venture, UseMyServices merchants will be able to accept payments from […]

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Bitcoin News & Updates

Bitcoin News & Updates

Bitcoin was in the news again this past week: Germany-based start-up 9flats is now accepting Bitcoin payments for instant bookings, which account for 50 percent of 9flats bookings. Bitcoin prices on 9flats are calculated and converted in EUR via third-party provider BitPay.com, Bitcoin has been on a roller coast valuation of late, with the current market price […]

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PayPal Updates

PayPal Updates

PayPal Here Takes On Square Register With New iPad Payments App – TechCrunch http://news.google.com TechCrunchPayPal Here Takes On Square Register With New iPad Payments AppTechCrunchAfter debuting its in-store mobile payments technology PayPal Here in the U.K. two weeks ago, the payments giant is announcing another set of news around the product: … Ahead Of U.S. […]

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Telecom Italia and Intesa Sanpaolo begin Milan mobile NFC pilot

Telecom Italia has begun a contactless mobile payments trial in Milan, enabling more than 1000 people to use their mobile phones to pay for bus, tram, metro and train tickets as part of the trial. Additional, the participant can also use their credit card registered on the phone’s SIM to make contactless purchases at more […]

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Innovations

UseMyServices Plans Big Splash for The New Year

UseMyServices Plans Big Splash for The New Year

Toronto-based payment technology company, UseMyServices.com, announced plans today to launch an exciting new suite of payment options in the coming weeks, along with a major expansion to their existing bank network. The company currently specializes in ‘real time’ bank payments, a unique service that lets customers in 30 countries pay for their web purchases using […]

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Yodlee Interactive Unit Doubles Business Growth

Yodlee Interactive, a business unit of Yodlee, today announced it has doubled its annual growth in its market leading application programming interface (API) business. Yodlee Interactive currently serves more than 300 customers and partners across more than 25 vertical markets. The Yodlee API it helps streamline the innovation and delivery of new financial services and […]

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Sberbank sets up $100 million fintech start-up fund

Sberbank of Russia has announced that they are setting up a $100 million venture fund to invest in promising fintech start-up companies. The plan is to increase the fund to a possible $700 million over three years. Details of the fund were disclosed by the bank’s head of innovation, Mircea Mihaescu, in an interview with a local Russian […]

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Marketing QR Codes

Marketing QR Codes

Although I have not downloaded the app or used them, I’ve been getting more curious about QR codes and how we can use them in our marketing. I went to expert Steven Levine, President of Mission Mobile, and we had a discussion about QR codes and some of his recommendations for utilizing them to best […]

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Mobile Payment News

Mobile Payment Added By PayToo

Mobile wallet platform Paytoo has added a new mobile bill payment service to their mobile wallet platform, PayToo Bill Payments. The new service will let consumers pay US billers, including utility bills, mortgage or car payments, credit cards and cable bills via the PayToo account even while traveling abroad or don’t have a US based bank account. […]

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PrivatBank Gets Ready For Windows Phone 8

Ukrainian PrivatBank has released Privat24 for devices operating on Windows Phone 8. The new application offers a complete mobile banking suite as well as a unique technology of contactless payments using a QR-code. “Now the most convenient and multifunctional mobile Bank can use the smartphone owner to all the most popular mobile platforms,” said Aleksander […]

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Digital River World Payments to Speak at the Social Mobile Payments Conference – PYMNTS.com

Digital River World Payments to Speak at the Social Mobile Payments Conference – PYMNTS.com

Digital River, Inc. has announced that its Digital River® World Payments™ solution will be featured at the upcoming Social Mobile Payments Conference, Nov. 6-8, 2012, at the Miami Marriott Biscayne Bay, Miami, Fla. Souheil Badran, SVP and General Manager of Digital River World Payments, will speak on current mobile payment trends during his presentation Thursday, Nov. 8, at 1:00 p.m. EST, entitled […]

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EWeek.com Reports Google Wallet Launch Gaining Ground

 EWeek.com reports that Google’s Wallet is gaining ground in the app wars, thanks to new support from AmEX, Discover, and Visa. Although Google launched Wallet Q3 of 2011, take up has been slow, but these recent advances seem to be boosting it’s popularity. That day has finally arrived, thanks to a technical change in the way […]

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ECommerce News

Mayday! Mayday! Amazon Does It Again!

In a little under 20 years, they have become the world’s largest online retailer…. From The Payments Journal: Recently, Amazon introduced yet another customer service innovation for their customers. An innovation that one reviewer called “the most remarkable customer service tool I’ve ever seen.”It’s called Mayday. It’s a feature that is available on the new […]

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Snapdeal to launch own payment gateway – Economic Times

Snapdeal to launch own payment gateway – Economic Times

From IndiaTimes.com: Snapdeal has announced that it will launch it’s own payment gateway. The service aims to simplify online transactions for users and may also be licensed to other e-commerce companies. The gateway will authorise credit card payments and process them securely through a user’s bank account, and is expected to help wean Indians away […]

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PayPal Acquires Iron Pearl

EBay’s processing unit, PayPal, has acquired start-up Iron Pearl, a company that focuses on finding new ways to not only drive customer growth and retention – but with finding ways to increase revenue generated by the existing customer base. Iron Pearl co-founder Stan Chudnovsky will be taking on the title of vice president of growth […]

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Thiel Increases Investment in Xero

Thiel Increases Investment in Xero

A PayPal co-founder Peter Thiel-backed venture capital firm has partnered with another investor to put US$49 million into Xero, a New Zealand-founded start-up. This brings the investment total raised now to US$67 million. Valar Ventures is a global venture capital firm backed by Thiel who, in addition to co-founding PayPal, has invested in the likes […]

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Social Media Updates

Gulf Bay Consulting Announces Dates, Venue for Social Mobile Payments: Americas

Gulf Bay Consulting Announces Dates, Venue for Social Mobile Payments: Americas

Gulf Bay Consulting, organizers of Social Mobile Payments Conference, the mobile industry’s most innovative event, today outlined new developments for the upcoming Social Mobile Payments: Americas event, which will be held 6-8 November 2012 at the Marriott Biscayne Bay in beautiful Miami, Florida. Gulf Bay Consulting introduced new elements for Social Mobile Payments: Americas and […]

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Is Social Ad Marketing Working for YOU?

Is Social Ad Marketing Working for YOU?

Okay, the reviews are coming in – and they are certainly mixed! Are you finding successful ROI from your Google, Facebook and Twitter ad campaigns? Is it really worth the investment, or is social ad network marketing proving a disappointment for you? Many marketers feel that when you build up an official presence in one […]

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Marketers and the Mobile Generation Gaps

Marketers and the Mobile Generation Gaps

Which mobile device do you prefer, and what does that say about you and your generation? A study conducted by Affinity Research revealed a generational gap dividing users based upon their mobile device preference – which was the most comfortable for them? Despite the differences, eMarketer said that over 91 million consumers in the US […]

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Press Releases

PAI’s Donna Embry Honored By Industry

LOUISVILLE, Ky., April 10, 2013 – Payment Alliance International (PAI), a leader in electronic payment processing solutions, is pleased to announce today that Donna Embry, senior vice president of strategic development, was named as one of the Most Influential Women in Payments by PaymentsSource. The editors of PaymentsSource selected 20 seasoned and accomplished female payments […]

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Data Compliance Firm CSR Wins 2012 HP-IAPP Privacy Innovation Award

CSR Breach Reporting ToolKit Recognized in Technology Category JENSEN BEACH, Fla., October 15, 2012 – CSR, the leading provider of data compliance solutions and expert services that help businesses turn compliance into revenue, has won the HP-IAPP 2012 Privacy Innovation Award. Patent-pending CSR Breach Reporting ToolKit™, a service that expedites complex reporting to authorities in […]

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Failsafe Payments Adds SafetyPay to CertoConnect

Failsafe Payments Adds SafetyPay to CertoConnect

Nicosia, Cyprus, Nov 28, 2011 – Failsafe Payments has announced that SafetyPay, a service that enables shoppers to pay for online purchases directly via their own bank account and in local currency, is now fully integrated with Failsafe Payments alternative payments service, CertoConnect. CertoConnect is designed for merchants to extend the possibilities to easily accept […]

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New Free PCI DSS Compliance Tool From Acuity

November 22nd 2011 – A free management application that allows businesses to measure, monitor and report on their compliance to PCI-DSS v2.0 payment card data security standards, has been launched by governance, risk and compliance (GRC) specialist Acuity. Available for download from the Acuity website www.acuityrm.com, the compliance software monitors progress against the six milestones […]

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Other News....

Finextra: RBI blames lack of collaboration for slow uptake of mobile banking

Finextra: RBI blames lack of collaboration for slow uptake of mobile banking

| January 6, 2014 | 0 Comments

The Reserve Bank of India has highlighted the absence of collaboration and revenue sharing models between banks and telcos as a key factor in the slow uptake of mobile banking applications by the populace. In it’s half-yearly financial stability report, the central bank identifies the mobile banking channel a key tool in the push for […]

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Finextra: RBI blames lack of collaboration for slow uptake of mobile banking

Finextra: RBI blames lack of collaboration for slow uptake of mobile banking

| January 6, 2014 | 0 Comments

January 6, 2014 – The Reserve Bank of India has highlighted the absence of collaboration and revenue sharing models between banks and telcos as a key factor in the slow uptake of mobile banking applications by the populace. In it’s half-yearly financial stability report, the central bank identifies the mobile banking channel a key tool […]

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Finextra: RBI blames lack of collaboration for slow uptake of mobile banking

Finextra: RBI blames lack of collaboration for slow uptake of mobile banking

| January 6, 2014 | 0 Comments

January 6, 2014: The Reserve Bank of India has highlighted the absence of collaboration and revenue sharing models between banks and telcos as a key factor in the slow uptake of mobile banking applications by the populace. In it’s half-yearly financial stability report, the central bank identifies the mobile banking channel a key tool in […]

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