Friday , July 20, 2018

Marketing

UBC Backs ECR Giveaway with Merchant Leads And Appointments

With merchant acquirers on the lookout for new ways to manage and motivate sales agents in a difficult economy, processor United Bank Card has launched a program for independent sales organizations that furnishes qualified merchant leads and also sets up appointments with those merchants. The new program specifically supports an …

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As a Mobile Shopping App Grows, It Looks to Add PayPal Payment

A comparison-shopping application that works on mobile phones will soon tie into PayPal Inc.'s payment platform, blurring the distinction between online commerce and brick-and-mortar retailing and setting the stage for potentially big transaction volumes. Alexander Muse, co-founder of Dallas-based Big in Japan Inc., says he expects his company's ShopSavvy app …

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New Products Key to Revving up Growth in Bill-Pay Adoption

More evidence that the online bill-payment market isn't exactly a slam-dunk for banks emerged Monday when Aite Group LLC issued a report saying that while adoption of online bill-pay is still growing, the rate of increase is slowing. Bill-pay vendors need to get serious about innovations if they want to …

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Zenius Hopes to Break NFC Logjam By Focusing on Non-Bank Players

While a number of technology companies have recently introduced products allowing mobile merchants to accept card payments on their handsets, a startup is demonstrating the first application that would let merchants take contactless payments on a wide variety of mobile phones. Indeed, Zenius Solutions Inc. hopes its software, called ZeniusMobilePOS, …

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Nokia’s Mobile-Payments Gambit Could Give a Boost to Obopay

The announcement on Wednesday by Nokia, the world's largest cell-phone maker, that it will launch a mobile-payments service is likely to give a competitive leg-up to Obopay Inc., the Redwood City, Calif.-based mobile-payments processor that developed the software for the new venture, called Nokia Money. Four-year-old Obopay, in which Nokia …

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A Year Later, 500,000 Takers for Social Security Card Surprises Experts

The U.S. Treasury Department's Direct Express card for Social Security recipients apparently is the right prepaid card at the right time. Treasury's Financial Management Service last week reported that more than 500,000 Americans use the Comerica Bank-issued card, which is aimed at getting Social Security and Supplemental Security Income (SSI) …

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A Startup Builds on Cap One’s Decoupled Debit Program to Run Rewards

A company founded by the man behind Capital One Financial Corp.'s decoupled debit program is introducing what it terms a “next-generation debit rewards” system that allows banks to provide cost-free rewards to cardholders. Under the system developed by Atlanta-based Cardlytics, merchants fund rewards that will be offered to banks' online-banking …

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Online Bill Pay Gains 1.3 Million Households in ‘Generational Change’

More than 2 million new households logged into online banking over the past year, bringing the online-banking share of the nation's households with Internet access to 79%. That's one of the key findings from the 2009 Consumer Billing and Payment Trends survey from bank processor and bill-pay technology provider Fiserv …

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Consolidators To Take Greater Share of Slower-Growing Bill-Pay Market

Electronic bill-payment consolidators?notably banks?could finally claim at least half the market, but to hold on to their gains, banks will need to pay special attention to affluent young adults. That's a key conclusion in a new forecast for the growing bill-pay market by Cambridge, Mass.-based Forrester Research Inc. Forrester predicts …

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A Startup Aims to Bring Teens & Tweens into E-Commerce

A new payment system called BillMyParents debuted Monday that aims to tap an estimated $40 billion in potential online spending by teens and preteens, or “tweens.” But BillMyParents' success depends not just on technology, but also on the receptiveness of parents to receive e-mails or text messages from their progeny …

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