NCR Bill Pay Solution Allows Globe Telecom to Improve In-Store Customer Experience and Store Operations

Posted on by wademinnie | 6244 Views | 9 min read

NCR Corporation , the global leader in consumer transaction technologies, announced that Globe Telecom, a leading telecommunications provider in the Philippines, chose the NCR Bill Pay solution allowing customers to quickly pay their bills in a store without employee assistance. “NCR was recommended to us by our sister company, Bank of the Philippines Islands, that

ACI Worldwide Completes Acquisition of Retail Decisions (ReD)

Posted on by wademinnie | 7932 Views | 4 min read

ACI Worldwide , a leading global provider of electronic payment and banking solutions, has announced that it has completed the acquisition of Retail Decisions, a leader in fraud prevention solutions. Under the terms of the agreement, ACI Worldwide acquired ReD for an all-cash purchase price of $205 million. Brookwood, England-based ReD is a leading ecommerce

Square Acquires Caviar

Posted on by wademinnie | 2353 Views | 7 min read

Square announced that it has acquired Caviar, a rapidly growing company that allows buyers to get delivery from top-rated, popular local restaurants that do not otherwise offer delivery. For restaurants, Caviar is an affordable, convenient alternative to an in-house delivery solution and drives additional revenue. With the acquisition, Square deepens its commitment to providing independent

NBAD First to Select New NCR Branch Transformation Technology in the Middle East

Posted on by wademinnie | 9274 Views | 7 min read

The National Bank of Abu Dhabi , UAE’s premier bank, is the first financial institution in the Middle East to select NCR SelfServ 91, a new hardware platform that will help NBAD transform its branches and extend its retail banking footprint. As the latest in branch banking technology from NCR Corporation , the global leader

TSYS Signs Agreement With The Philippines’ Metrobank Card Corporation

Posted on by wademinnie | 7992 Views | 8 min read

TSYS announced that they have signed an agreement to license its PRIME payment transaction processing platform to Metrobank Card Corporation in the Philippines. MCC is a strategic joint venture between Metrobank and Australia New Zealand Bank and is one of the largest issuers and acquirers in the Philippines’ market. MCC will license PRIME 4, the

ACI Worldwide Recognized as Industry Leader in Aite Group’s Evaluation of Leading Cash Management Providers

Posted on by wademinnie | 6268 Views | 9 min read

ACI Worldwide, a leading international provider of electronic payment and banking solutions, has been recognized as an industry leader by Aite Group, an independent research firm, in its recent report, “2014 Evaluation of Leading Cash Management Providers.” According to the report, “the U.S. cash management industry is ready for change, and investment in the online

Security Experts to Discuss Risk Issues, Fraud Mitigation Measures at MasterCard Conference

Posted on by wademinnie | 7475 Views | 8 min read

In an ever-changing payments landscape, which is increasingly complex and fraught with risk issues and challenges, security is a top priority. MasterCard has been at the forefront of the fight against fraud for nearly 50 years. In line with this, the MasterCard Academy of Risk Management is hosting its annual Global Risk Management Conference Series

Heartland Payment Systems Reports Second Quarter Results

Posted on by wademinnie | 8875 Views | 19 min read

Heartland Payment Systems, has announced Adjusted Net Income and Adjusted Earnings per Share of $21.0 million and $0.58, respectively, for the quarter ended June 30, 2014, compared to Adjusted Net Income and Adjusted Earnings per Share of $23.1 million and $0.62, respectively, for the quarter ended June 30, 2013. GAAP net income for the quarter

Nedbank Announces Changes to the Banks’ Group Executive Committee

Posted on by wademinnie | 12149 Views | 17 min read

Mike Brown, Nedbank Group Chief Executive has announced the following changes to the banks’ Group Executive Committee (Group Exco). Mfundo Nkuhlu to succeed Graham Dempster as COO and appointed as Executive Director Graham Dempster, the current Chief Operating Officer (COO) and Executive Director reaches normal retirement age in May 2015. The portfolio comprises Group Technology,

MasterCard Incorporated Reports Second-Quarter 2014 Financial Results

Posted on by wademinnie | 7592 Views | 15 min read

MasterCard Incorporated  has announced financial results for the second quarter of 2014. The company reported net income of $931 million, up 10%, or 9% adjusted for currency, and earnings per diluted share of $0.80, up 14%, in each case versus the year-ago period. Acquisitions had no impact on earnings per diluted share. Net revenue for