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« November 26, 2007 | Main | November 28, 2007 »

November 27, 2007

Blackhawk Network Extends Gift Card Mall Network to Kroger Stores

Tags » Blackhawk Network, Gift Cards

Blackhawk Network has announced it has "signed an exclusive agreement with The Kroger Co. to bring Blackhawk Network's award winning Gift Card Mall program to the nation's largest grocery chain in time for the holiday season."   » Continue Reading

Heartland Sues MICROS, Merchant Link and Chase Paymentech

Tags » Check Conversion, Merchant Acquirers, Merchant Link

Heartland Payment Systems has announced it has "filed an antitrust action against MICROS Systems, Inc.; Merchant Link, LLC; and Chase Paymentech, owner of Merchant Link. The suit, filed in United States District Court in New Jersey, alleges the three companies have caused increased processing prices for table-service restaurants through an anti-competitive tying arrangement which violates the Sherman Antitrust Act and New Jersey's unfair competition laws." The text of Heartland's complaint icon_PDF_small.gif is available online.

Monitise, Metavante Launch Mobile Financial Services

Tags » Metavante, Mobile Banking

Monitise Americas and Metavante have announced the launch of Monitise Americas' mobile financial services in the United States. According to the two companies, "the service, which is fully integrated into the industry leading NYCE Payments Network to deliver a highly secure connection to the nation’s leading financial institutions, allows financial institutions of all sizes to offer mobile financial services to their customers without significant investment in new technology."   » Continue Reading

VeriFone Pursues Managed Merchant Services in Emerging Markets

Tags » Merchant Payment Solutions, Verifone

VeriFone Holdings has announced "formation of VeriFone Access to provide merchant hosted services for managing electronic payments, beginning in Mexico. VeriFone Access was formed with VeriFone’s investment and in partnership with Tienda-kit, an innovative Mexican third-party acquirer and merchant services provider, which now operates as VeriFone Access."   » Continue Reading

Verizon Walks Slowly Towards an Open Mobile World

Tags » Mobile Banking, Mobile Payments

Verizon Wireless has announced that it will "provide customers the option to use, on its nationwide wireless network, wireless devices, software and applications not offered by the company. Verizon Wireless plans to have this new choice available to customers throughout the country by the end of 2008."

With this move by Verizon, the implications for mobile banking and mobile payments will be fun to ponder. What's not mentioned in Verizon's press release is what the cost might be to qualify an open device on its network.

What's an example of a non-traditional mobile device? Amazon's Kindle comes to mind - I've got one and Amazon's Whispernet (running over Sprint's wireless network) is a key ingredient in making the Kindle such a delightful experience for readers. That, and, of course, the integrated 1-Click payment from my Amazon Account.   » Continue Reading

Headline News - November 27, 2007

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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