Upcoming Conferences
22nd Annual Card Forum & ExpoMay 16-18, 2010
Hyatt Regency Grand Cypress, Orlando, FL
Mobile Banking and Emerging Applications Summit
June 6-8, 2010
M Resort | Las Vegas, NV
18th Annual Financial Services Collections & Credit Risk Conference
October 24-26, 2010
The Wynn, Las Vegas, NV
Processing
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Executive Changes At First Data As Processor Posts Q4 And 2009 Losses
PaymentsSource | March 11Michael Capellas, chairman and CEO of First Data Corp., is leaving the Atlanta-based payment processor to work as a senior advisor at Kohlberg Kravis Roberts & Co., the investment group that bought the transaction processor in 2007.
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Tio Networks Launches Mobile Bill-Payment Service
PaymentsSource | March 11Tio Networks, which today announced the planned launch of a mobile bill-payment platform, estimates it will generate 20% of its revenue from the service by 2011, according to the Burnaby, British Columbia-based expedited bill-payment processor. [FREE]
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Martin Eagle Signs On As Heartlands First SmartLink Client
ISO & Agent Weekly | March 11Heartland Payments Systems Inc. has signed Martin Eagle Oil Co. Inc. as the first customer for the processors SmartLink consolidated-network technology, Princeton, N.J.-based Heartland announced this week. [FREE]
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Nxgen Expanding Operations Into Europe
ISO & Agent Weekly | March 11Nxgen International is opening operations in the United Kingdom and Italy as part of a European expansion strategy the Whitefish, Mont.-based merchant-service provider announced last week. Diversifying geographically can help Nxgen grow and differentiate itself further, says Giuseppe Caltabiano, Nxgen president. [FREE]
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Mobile Terminal Piques Merchant Interest, ISO Says
ISO & Agent Weekly | March 11As one of the first resellers of VeriFone Holdings Inc.s PayWare Mobile service, Merchant 360 Inc. says some mobile merchants like that the service includes a card reader that enables them to get card-present transaction rates. [FREE]
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India Citibank-MasterCard NFC Pilot Yields A Few Clues On Mobile Coupons
PaymentsSource | March 11One of the worlds largest trials of Near Field Communication payments, which Citigroup Inc. and MasterCard Worldwide launched last year in India, provided a glimpse into the challenges of incorporating merchant-sponsored product discounts and coupons within mobile payments. [FREE]
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- Tio Networks Launches Mobile Bill-Payment Service
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