FreedomPay Launches ‘Vibe’ Mobile Wallet for Restaurants (Jan. 29, 2013)

Jan. 29, 2013 Adding to a growing array of mobile payments options for merchants, FreedomPay is entering the fray with “Vibe,” a mobile wallet initially targeting restaurant operators interested in creating targeted consumer promotions on the fly, based on specials, weather and in-store traffic conditions. The Radnor, Pa.-based payment processor says its cloud-based mobile wallet […]

On the Wire: TransCard Proves Time is Money: Joins with Watch2Pay to Offer Financial Institutions’ Customers Fun, Easy Way to Pay (January 2013)

Press Release CHATTANOOGA, Tenn.– TransCard announced an exclusive U.S. partnership with Watch2Pay, a U.S. company that offers the world’s first and only MasterCard® PayPass™ watch, which can be used for contactless (NFC) payments. Already launched to tremendous success in several countries in Europe, Watch2Pay will be marketed in the U.S. through financial institutions offering TransCard […]

Riding the payments roller-coaster

UK banks are still in “a difficult place” as they face economic uncertainty, increased cost and competitive pressures, complex regulations and rapid technological changes – but the changes that are happening in the payments industry offer scope for them to reclaim the initiative and deploy innovative solutions.

Paybefore Announces Winners, Opens Voting for Best in Category (Jan. 28, 2013)

Jan. 28, 2013 Paybefore today announced winners for the 2013 Paybefore Awards—the most prestigious recognition of excellence in the worldwide prepaid and emerging payments industry. And for the first time in the seven-year history of the awards, Paybefore is allowing visitors to (subscribers and nonsubscribers) to cast their votes for Best in Category through Feb. […]

2103 Paybefore Awards Category 20: Breakout Prepaid Company of the Year

The organization that stood out from the crowd in 2012 to make a positive, game-changing difference in the prepaid/emerging payments environment in a geographic region or globally. May be a new or established organization. Company Name: American Express American Express is a global financial services company, providing customers with access to products, insights and experiences […]

2013 Paybefore Awards Category 15: Best Non-U.S.-Based Program

Best prepaid or emerging payments program launched and operated by a non-U.S. company outside the United States. Programs using a U.S.-based company for processing or similar support are eligible. Program Name: NuCard Prepaid CardCompany Name: Tutuka South Africa has a large microlending market that provides short-term, unsecured loans to millions of South Africans. NuCard was […]

2013 Paybefore Awards Category 8: Outstanding Mobile Wallet or Mobile Application

The in-market mobile wallet or mobile application that (1) provides end users with value-added features and/or enhances payment capabilities, user decision-making or loyalty and (2) provides retailers with a strong value proposition. Program Name: moneto Prepaid MasterCardCompany Names: DeviceFidelity, MasterCard With real-time balance and transaction history, free P2P money transfers, the only instant cash-back rewards […]

2013 Paybefore Awards Category 3A: Best General Purpose Reloadable Card Program-U.S. Solutions

Best use of a consumer-funded reloadable network branded prepaid card* for general use, such as ATM access and purchasing. Includes travel, remittance and youth-focused (including campus and student) programs; excludes payroll programs. Program Name: PayPal Prepaid MasterCardCompany Names: PayPal, MasterCard The PayPal Prepaid MasterCard is the only prepaid card that can link automatically to PayPal’s digital […]

Breaking News: Obama 2012 Recess Appointments Unconstitutional (Jan. 25, 2013)

Jan. 25, 2013 Just a day after President Obama nominated CFPB Director Richard Cordray to continue in his role as the bureau’s director, a three-judge panel of the U.S. Court of Appeals for the D.C. Circuit ruled that the President violated the Constitution when he bypassed the Senate to fill vacancies on the National Labor Relations Board, according to a […]