All articles by Verdict Staff
Verdict Staff
RSA, Edenred launch prepaid insurance card in the UK
Royal Sun Alliance (RSA) is collaborating with Edenred to launch a prepaid insurance card in the UK. Customers of RSA will now have the option to receive a prepaid insurance card or a cash settlement when settling a claim for home and contents insurance The card is redeemable at many of the UKs major high street retailers, including Debenhams and Argos, and can be used anywhere within the MastercardMaestreo network
A Clear Future?
Once SEPA has become the standard it is aimed to be, life for automated clearing houses (ACH) will change. Or so some argue. The ownership structure of clearing houses after the SEPA end-date is an issue that is discussed more and more. Duygu Tavan reports
Intuit, AT&T to offer SME card processing on mobiles
Intuit said that the new venture, called Intuit GoPayment for AT&T, will make it easier and faster for SMEs to accept credit and debit card payments while on the move. The new service is available on smartphones and can process payments for small businesses immediately, thus eliminating the need for invoicing or depositing cash or cheques in banks.
Ink from Chase offer SME online invoicing
JPMorgan Chase has launched an online invoicing and cash management solution, Zip, for SMEs Zip will make it easier to send invoices and bills, the bank said. The new service is available free to JP Morgan Chases Ink customers
ASC X9 release new standard for banks and corporates
Accredited Standards Committee X9 has developed a new standard for banks to enable corporates to manage their business accounts The Balance and Transaction Reporting Standard (BTRS) will streamline communication between banks and corporate customers, subsequently reducing cost and risk while improving cash management functions The adoption of one common standard will aid a corporate treasurer efficiently utilise and invest the cash resources of their company.
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Euronet announce the acquisition of ATMs from Diebold Poland
Euronet has acquired the ATM network of Diebold in Poland. Diebolds ATM distribution network spans 535 machines and over 350 retailer contracts for certain sites where the ATMs are currently installed This venture increases Euronets total owned and managed ATM network in Poland, amounting to more than 3,500 devices
Salans’ Robert Courtneidge moves to Locke Lord
He was recently named as the Best Contributor at the Prepaid Awards – and now lawyer Robert Courtneidge, until now banking consultant and global cards and payments head at UK-based Salans is moving to Locke Lord.
Ixaris launches virtual card service for travel sector
The application is part of a number of payment products by Ixaris that enable users to customise payment applications with configurable components, gives access to the Visa and MasterCard and global money transfer service networks.
Wells Fargo Launches Corporate Payment App
Wells Fargo has launched a CEO Mobile Deposit service that is designed to enable executives to track corporate payments via their smartphones. The app allows customers to initiate and approve payments, receive alerts about critical transactions, review account balances and transactions, manage commercial card expense reporting and deposit cheques and money orders, using an iPhone.
Monitise launches mobile checkout service
Monitise is a joint venture partner in MMN and developed the technology platform for the launch Carphone Warehouse is among the first major retailer to integrate Simply Tap into its customer experience, allowing shoppers to buy directly from its advertising, direct marketing, website and buyers guide.