Visa has released results of a global survey finding that "74 percent of respondents are satisfied with their commercial payment card programs. Currently, 50 percent of respondents currently use commercial payment cards to make payments as part of their overall cash management strategies. In the next 12 – 18 months, 52 percent of survey respondents intend to reduce reliance on checks and 45 percent plan to increase their use of commercial card programs." READ MORE »

Ecount has announced a name change to Citi Prepaid Services - saying the "strategic renaming comes as a final chapter in Ecount's successful integration with Citi, which acquired the Conshohocken-based company in March 2007. The acquisition was a part of a core strategy to enhance Citi's cash management platform for corporations, financial institutions and governments worldwide." READ MORE »

Kount Inc. has announced that it has received a US patent for its proxy piercing technology that "determines the accurate geolocation of computers being used to initiate online transactions, providing methods for determining the true physical location of the customer's computer, even if an anonymous proxy is being used." READ MORE »

Actimize has announced that "MasterCard is using the Actimize technology to augment its ATM and Debit fraud detection capabilities for issuers." READ MORE »

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