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April 29, 2009

Visa Announces Fiscal Second Quarter 2009 Financial Results

Visa Inc. has announced financial results for the company's fiscal second quarter 2009 ended March 31, 2009. "Net operating revenue in the fiscal second quarter of 2009 was $1.6 billion, an increase of 13% over the prior year, driven by contributions across all revenue categories. Though slightly negative in the U.S., payments volume continued to grow on a constant dollar basis in all other regions globally. Processed transactions continued to post solid growth globally." READ MORE »

IMShopping Launches Twitter-Based Shopping Service

IMshopping has announced its beta launch of what it's calling "the first human-assisted shopping website and Twitter shopping service where knowledgeable shopping guides respond to product questions and provide personalized recommendations for users. It’s like a Shopping 411 information service. The site offers the experience of going into a store, speaking with a knowledgeable expert and being guided to the best products for your needs." READ MORE »

First Data Launches PayCargo for Shipping Industry

First Data has launched PayCargo, a first global online freight payment system for the maritime shipping industry. According to FDC, "the proprietary solution PayCargo offers allows shippers, carriers and freight brokers of all sizes to settle accounts faster and more safely than ever before. The PayCargo system is an electronic invoice presentment and payment (EIPP) tool that helps reduce the cost of approving and disputing payments. It also helps prevent expensive demurrage and storage charges that often result from inefficient payment processes and procedures." READ MORE »

USPS, Dunkin' Donuts Join MasterCard's Easy Savings Program

MasterCard Worldwide has announced that the U.S. Postal Service and Dunkin' Donuts have joined the list of merchants that provide small businesses with automatic discounts and savings through the MasterCard Easy Savings Program. Eligible MasterCard business credit and signature debit, U.S. cardholders enrolled in the program will now receive an automatic 5 percent rebate on Click 'N Ship purchases made with the United States Postal Service at usps.com, and an automatic 5 percent rebate on purchases at Dunkin' Donuts. READ MORE »

Wells Fargo Announces Products, Services Every Traveler Should Know

Wells Fargo is offering a broad array of products and services to help domestic and international travelers navigate through potentially challenging situations they may encounter even before they hit the road – including emergency card replacement/credit line increases, mobile and online banking enhancements, and foreign exchange services. READ MORE »

CFSI Adds to Innovators and Responsible Credit Roundtables

CFSI’s Innovators and Responsible Credit Roundtables meet today in Chicago, joined by four new participating organizations, Green Dot Corporation, Meta Payment Systems, LexisNexis Risk & Information Analytics Group, and NetSpend. This convening marks the second time these groups have met together to move forward on developing innovative ways to serve underbanked consumers. READ MORE »

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