Technology
Technology
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With the government cracking down on digital currency players such as Liberty Reserve and Mt. Gox, many ask whether it's a move to squash the development of virtual currencies and what action the government will take next.
June 5 -
FAIRFAX, Va. FedComp, a provider of in house and online data processing solutions for 900 credit unions, has selected Ongoing Operations for its secure and redundant hosting platform.
June 4 -
NASHVILLE, Tenn. Tennessee Employees CU has signed with SIGNiX to install the companys digital signature solution so members can sign documents from any device with an Internet connection.
June 4 -
Fortumo Ltd. has secured a partnership with handset manufacturer ZTE Joygor to provide in-app purchasing and billing software on ZTE handsets.
June 4 -
President Obama's moves to rein in patent litigation should ease the squabbling over intellectual property that's hampered innovation in payments and should also reduce banks' legal costs.
June 4 -
As EMV-chip cards spread, with most U.S. merchants expected to accept the card by October 2015, there is still a major hurdle to overcome as consumers either resist the change or remain oblivious to it.
June 4 -
Card-linked offers, a concept commonly seen as a lure to attract consumers to use mobile wallets, is growing in popularity with plain old plastic.
June 4 -
Zipmark, a company that allows businesses to send and receive digital checks, is working with the processor Vantiv Inc., potentially bringing more than 400,000 merchant relationships to Zipmark's money transfer platform.
June 4 -
Blackhawk Network Inc. is working with Monitise PLC to enable U.S. consumers to purchase gift cards on their smartphones through their financial institution's mobile banking site.
June 4 -
Liberty Reserve provided a service that had a true market demand from legitimate business sectors and from non-criminals, notwithstanding the governments claim that virtually all its business was illicit. If banks and traditional financial institutions still respected basic client privacy and facilitated some form of digital payments that did not always involve harmful reversibility to the merchants, then companies like Liberty Reserve wouldn't even be necessary.
June 4 -
I-Free is offering a number of contactless payment services in Russia, including a mobile wallet that allows the remote issuance and download of mobile MasterCard PayPass cards, transportation fare services and geolocation-based coupons.
June 4 -
HENDERSON, Nev. Bluepoint Solutions said Memphis, Tenn.-based Orion Federal Credit Union has selected its ImagePoint Teller solution and is leveraging the platforms integration with Early Warnings Deposit Chek Service to significantly reduce check losses.
June 3 -
Wex Inc. will provide clients of Globalia, a travel services provider in Europe, with the Wex Travel Solution virtual payment options.
June 3 -
Believe.in, a U.K. company that provides technology for accepting donations online, has a no-fee structure that allows charities to receive donations using technology from Stripe.
June 3 - PSO content
The youth payment company Virtual Piggy will integrate with the MWRC ExoVend electronic commerce platform to target a range of outdoor sports brands.
June 3 - PSO content
Payleven is allying with Wirecard to pool their offerings as Payleven expands internationally.
June 3 - PSO content
Prepaid Card Solutions (PCS) and Carta Worldwide are launching the Bread4Scrap prepaid corporate MasterCard for the British scrap metal industry.
June 3 -
It's not so much about "Big Data" as it is about "CU Data," and it's the latter that has credit unions better positioned than many to win when it comes to mobile. The problem: many CUs don't know what they have.
June 3 - PSO content
Experian launched Precise ID Personal Protection Alerts, a service designed to help people know which businesses are checking out their personal information to authenticate transactions.
June 3 -
BlueSnap is among a growing number of vendors offering to manage the complex programming needs of emerging payments systems on behalf of other companies.
June 3


