Melody Wigdahl is a 25 year veteran of the payments industry, and has been an international ECommerce specialist since 1993. For the last decade, her primary focus as been the area of alternative payments and real time bank payments.
Melody has been with UseMyServices since 2003, and enjoys the challenges of being involved with cutting edge technology on a daily basis.
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 solutions. Yodlee FastLink, is a new feature that helps customers and partners speeds up the onboarding process for Yodlee Interactive powered services. “Yodlee has been a great partner in helping us launch the first true integration of money, credit and identity in to a fantastic and simple service for consumers to manage their financial lives,” [...]
Following on news of its recent investments in China, Munich-based technology provider Giesecke & Devrient (G&D) is now moving forward in the USA, Canada, and India in the EMV chip-based payment cards growth markets. Recent investments by G&D in Chennai, on India’s east coast, included the opening of a new personalization center offering a complete end-to-end service to assist local Indian banks in the adoption of smartcard solutions, similar to one recently opened in Quebec, Canada Last month, Giesecke & Devrient announced a major increase in EMV activities at its Twinsburg, Ohio location, adding more than 100 new positions there. The company has also confirmed the opening of a new [...]
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 Vityaz, Deputy Chairman of the Board of PrivatBank. “Our application provides unique benefits for users of the new OS, because only in this application, you can pay bills or withdraw cash from ATMs using a QR-code. Such service in mobile applications is implemented for the first time in the world and in fact connects the [...]
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 “The Evolution of Mobile Payments.” Mr. Badran will address consumer mobile usage trends, including the effect of consumer behavior on the payment industry, as well as key issues when launching mobile commerce channels. “It is important that online merchants and payment providers reduce the friction around the consumer’s mobile payment experience – the less complex mobile payments become, the faster consumers [...]
PayPal announced today that as much as 3 percent of its workforce may be laid off shortly according to the plans of new President David Marcus. The reductions are expected to affect approximately 325 in-house staff and another 120 outside contractors. PayPal currently employs about 13,000 people. The job cuts will be PayPal’s first major reductions since the financial crisis in 2008. Competition has heated up in recent months in the payments sector with both merchants and consumers adopting new payment products such as Dwolla, Square and Stripe. The changes at PayPal are focused on streamlining the product development and launch cycle and will see 9 different company units consolidated into [...]
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 the event of data loss, was recognized in the technology category at the IAPP Privacy Dinner held last week in San Jose, Calif. in conjunction with the IAPP Privacy Academy 2012. The International Association of Privacy Professionals (IAPP) is the world’s largest organization of privacy professionals. Sponsored by Hewlett-Packard (HP), the IAPP presents annual awards [...]
Back in 1993, when I first started in the ECommerce side of the payments industry, the only solutions for online purchases was credit cards, wires, checks and money orders. If the company was a non-US based company, it was almost impossible to even get a merchant account for credit card processing. The concept of Alternative Payments was still far in the future…. Because internet access blossomed in the US first and credit cards were the dominate payment method in the US offline, online adoption of credit cards for payment was an easy way to go for the online merchant. But, today, Ecommerce is now worldwide, and credit cards are not [...]
This gorgeous mobile payments infographic comes to us courtesy of MobilePaymentsToday.com The high stakes world of mobile payments [Infographic] Compliments of MobilePaymentsToday.com
Once again, a lengthy and fan-like feature on ‘disruptive’ and anonymous payment solution Bitcoin. Forbes has featured Bitcoin in quite a number of articles since it launched and considering that the ‘alternative’ currency is anonymous, decentralized and virtually nothing is known about the coder that originally created the system – and who now seems to have disappeared…..one has to wonder why it continues to get so much press? Here’s an excerpt from the recent article, with links to this and more related articles below There’s a lot of talk about dongles recently. Square has always relied on a dongle and now PayPal is sporting a fancy triangle-shaped dongle, nicknamed the ‘Blue Dorito’. Both of [...]
March 26, 2012, Hallandale Beach, Florida – International Payout Systems, Inc. [www.i-payout.com], a leading provider of global pay-in-payout solutions has announced the delivery of commission payment services to Representatives of WorldVentures [www.worldventures.com] based in Plano, Texas. WorldVentures, a leading lifestyle company in the leisure travel industry, has chosen i-Payout.com to deliver global payment processing for incoming payments, commission payment distribution and prepaid card services for its valued Representatives. “WorldVentures is committed to our Representatives, and we wanted the most flexible, robust full-featured eWallet solution on the market for them,” said Kyle Lowe, WorldVentures Vice President of International. “A key factor in our decision was the speed with which i-Payout.com fulfills the transfer of funds to [...]