MoneyGram, a money transfer and payment services company, has announced an agreement with Postal Savings Bank of China Co. Ltd (PSBC), a large commercial retail bank in China, to provide money transfer services in over 3,700 locations. With the addition of PSBC to MoneyGram’s agent network, and the rollout of MoneyGram’s money transfer services to
The Western Union Company, a provider of global payment services, and SunTrust Bank, one of America’s largest banking organizations, have launched Western Union global money transfer and bill payment services at more than 1,500 bank Agent locations in the southeastern U.S. As part of this launch, for the first time both SunTrust clients and the
NCR Corporation, a provider of consumer transaction technologies, has unveiled NCR Cloud Connect: a powerful, cloud-based ecosystem of digital services for retailers. The innovations offered to retailers as part of the NCR Cloud Connect ecosystem will be provided by both NCR and a growing roster of innovative technology companies. As a result of the digital
Bluefin Payment Systems, a financial technology provider of cloud-based integrated payment solutions for independent software vendors (ISVs), has introduced their QuickSwipeTM mobile point of sale (mPOS) system. QuickSwipe is a turn-key payment application for single and multi-user mobile processing on iOS devices. Bluefin also offers the QuickSwipe SDK for integrated payments with an ISV’s existing
Wincor Nixdorf has reached an agreement with DATEC Retail Systems a.s., which is headquartered in Zlín in the Czech Republic, to take over its business effective January 2014. Through this step, Wincor Nixdorf will be adding highly specialized expertise to its own software portfolio for retail companies. In addition, Wincor Nixdorf will also be taking
International business and payment platform Payelp Global has announced its partnership and integration with Fortumo, which offers merchants “one-click” mobile payments in 79 countries worldwide. Fortumo, which has offices in the U.S. (San Francisco), Europe, China and India, not only offers mobile payments in the U.S. and Europe, but focuses on emerging regions and “hard-to-monetize”
Monitise plc has announced that it is seeing continued momentum across the Group with a number of new business wins in both Europe and the US, as well as a contract renewal. In particular, Monitise has entered into a five-year Mobile Money partnership with a leading UK bank and financial services company and also renewed
Groupon has announced it has completed the acquisition of Ticket Monster, a leading Korean ecommerce company, for $260 million in cash and stock. As previously disclosed, the Ticket Monster brand and leadership team will remain in place and continue to be led by Daniel Shin, CEO of Ticket Monster. The company will maintain its headquarters
Following a year of significant network growth and expansion, MoneyGram, a global money transfer and payment services company, has reached a company milestone and is now offering services in 200 countries and territories worldwide. The achievement follows new agreements with agents in Equatorial Guinea and Myanmar. “This is an important achievement in our continuous efforts
MasterCard has announced that it has completed the acquisition of Provus Bilişim Hizmetleri A. Ş. (“Provus”), Turkey’s leading independent payment solution and processing provider. The acquisition will build on MasterCard’s strategy of increasing its processing presence in high-growth markets and deliver superior processing solutions and innovative value added services for both financial institutions and customers
