June 24, 2010 10:43 AM Eastern Daylight Time Strategic agreement creates first international mobile money transfer network in the UAEMINNEAPOLIS--(BUSINESS WIRE)--MoneyGram International (NYSE:MGI), a leading global money transfer company, and National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, today announced a strategic agreement that will make international money transfer services via mobile phones available for the...
June 24, 2010 10:00 AM Eastern Daylight Time PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard Worldwide today launched MasterCard Partners in Prepaid – a new initiative to stimulate MasterCard’s collaboration with partners and customers around the world and drive growth in prepaid. MasterCard Partners in Prepaid will focus on delivering innovation at a number of levels: in the sharing of global best practices,...
POSTED BY JOHN B. FRANK
Citigroup (NYSE:C) on MasterCard (NYSE:MA) and VISA (NYSE:V)Citigroup Inc. (NYSE:C) analyst took a moment to talk about Card Networks such as MasterCard, and VISA according to a StreetInsider.com report.Citigroup analyst stated, “In a surprise move, the final Durbin language included a provision ending exclusivity for PIN debit networks. In simple terms, V/MA PIN debit cards will be required to include at least a second network bug (i.e....
POSTED BY JOHN B. FRANK
Agreement with United Bank will promote growth in marketMINNEAPOLIS--(BUSINESS WIRE)--MoneyGram International (NYSE:MGI), a leading global money transfer company, announced it has signed a deal with United Bank in Egypt that will add 43 locations in key cities throughout the country. United Bank, which is majority owned by the Central Bank of Egypt, will introduce MoneyGram services into many new cities, thus providing an opportunity for...
POSTED BY JOHN B. FRANK
OWASP Top Ten 2010 delivers readily-accessible guidance on how to determine if your app is vulnerable to each risk factor and steps OWASP Top Ten 2010 delivers readily-accessible guidance on how to determine if your app is vulnerable to each risk factor and steps you can take to reduce that vulnerability, along with prevention cheat sheets, tutorials, and test tips (source: http://www.owasp.org/index.php/Top_10) Attackers can...
POSTED BY JOHN B. FRANK
Sellers including Big Pond Games, Big Pond Music, Habbo and iTunes sign up as world’s first payclick sellers Sydney, Australia, 24 June 2010 – Visa today launched payclick by Visa (www.payclick.com.au), a new way to pay online, that is ideal for downloadable content such as music, games and movies. payclick was developed by Visa and Australian consumers are the first to experience this innovative transaction service. from Visa's payclick...
POSTED BY JOHN B. FRANK
VANCOUVER, British Columbia, June 23, 2010 (GLOBE NEWSWIRE) -- LML Payment Systems Inc. (Nasdaq:LMLP), a leading payments technology provider of financial payment solutions for e-commerce and traditional businesses, reports results for its fiscal year ended March 31, 2010. Revenue for the year ended March 31, 2010 was approximately $14.8 million compared to $12.3 million for the previous year - an increase of approximately 20%. Gross profit...
POSTED BY JOHN B. FRANK
CSI Enterprises, Inc. Optimizes Accounts Payable Procedures and Saves Businesses Money with Every Purchase
CSI Enterprises, Inc., announces the CSI Virtual Payment MasterCard® Program created to optimize accounts payable procedures. The program is universally accepted, highly efficient, strongly secure, and system-compatible, resulting in cost savings in a variety of ways.(Vocus/PRWEB ) June 24, 2010 -- CSI Enterprises, Inc., a recognized leader in cost saving and comprehensively controlled financial payment products, announces the CSI...
POSTED BY JOHN B. FRANK
AUSTIN, Texas, June 23 /PRNewswire/ -- Interest rates on new credit card offers tiptoed higher this week, according to the CreditCards.com Weekly Credit Card Rate Report, marking the fourth consecutive weekly increase.The average is composed of about 95 of the most popular credit cards in the country, including cards from dozens of leading U.S. issuers and representing every card category listed below. Introductory (teaser) rates...
POSTED BY JOHN B. FRANK
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) today reported net income for the second quarter of 2010 of $258 million, as compared to net income of $226 million for the second quarter of 2009. Net income for the second quarter of 2009 included approximately $295 million (after tax) related to the Visa/MasterCard antitrust litigation settlement.“Management’s Discussion and Analysis of Financial Condition and...
Heartland Payment Systems® Installs E3™ Terminals at 1,020 Merchants since May 24 Launch of Its End-to-End Encryption Solution
Business owners take action to protect cardholder data, embrace ease of use of Heartland’s end-to-end-encryption terminals, no-processing-fee approach to security and warrantyPRINCETON, N.J.--(BUSINESS WIRE)--Heartland Payment Systems (NYSE: HPY), the nation’s fifth largest payments processor, has installed its E3 terminals at 1,020 merchants since commercially launching the industry-leading end-to-end encryption technology on May...
POSTED BY JOHN B. FRANK
Rapport and Flashlight Services Provide One-Two Punch to Secure Online Banking SessionsSALT LAKE CITY--(BUSINESS WIRE)--Trusteer, the leading provider of secure browsing services, today announced that Zions Bank is deploying Trusteer’s Rapport and Flashlight services to help protect its online retail and business banking customers from financial malware attacks, fraud, and identity theft.Trusteer’s unique ability to protect our online...
POSTED BY JOHN B. FRANK
Tony Nuzzo of First Commons Bank, Newton, Mass., Named Financial Services Executive of the Year in 2010 American Business Awards
NEWTON, Mass.--(BUSINESS WIRE)--Tony Nuzzo, Chairman, President and Chief Executive Officer, First Commons Bank, N.A., was named Executive of the Year in Financial Services at the prestigious 2010 American Business Awards program held June 21st in New York City.“This award is testament to the founders, additional shareholders, the management team, and everyone in the bank – especially the Board of Directors and my wife, Julie –...
POSTED BY JOHN B. FRANK
DALLAS, June 24, 2010 /PRNewswire/ -- With a population base of nearly 43 million people, the underbanked offer an immense, untapped consumer segment for federally-insured banks. 'Wooing the Underbanked' is a market research study designed specifically to understand the financial needs of the underbanked. The report offers vital market data for banks intending to tap this consumer segment, identifying the most profitable ways...
POSTED BY JOHN B. FRANK
New Gateway Empowers Banks to Quickly Add Out-of-Band Authentication to Any Online Banking Platform OVERLAND PARK, KS--(Marketwire - June 23, 2010) - PhoneFactor, Inc., a leading global provider of multi-factor authentication services, today announced that it has extended its suite of out-of-band authentication solutions for online banking to include a Universal Banking Gateway, enabling rapid implementation with any online banking...
POSTED BY JOHN B. FRANK
The first debit card to offer 2 percent cash back for all your everyday spending is hereBOSTON, June 23 /PRNewswire/ -- PerkStreet Financial(SM), the progressive online financial services company with the best checking account rewards in the United States, is now offering the first 2 percent cash back program for debit card users. In addition to 2 percent cash back, customers can earn up to 5 percent cash back when they spend...
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