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June 28, 2011

Intuit Buys Mobile Money Ventures Platform

Intuit logo 140pxIntuit has announced it has acquired mobile Web banking technology assets from Mobile Money Ventures, or MMV, a "leading global provider of next-generation mobile financial solutions."

Mobile Money Ventures, based in San Mateo, Calif., was formed in 2008 as a joint venture that combined the strengths of Citigroup, a leading, global financial services company, and SK Telecom Americas, an early-stage technology innovator.

TSYS to Process U.S. Bank Corporate Card Payments in Europe

Tsys logo 140pxU.S. Bank and TSYS have announced an agreement for TSYS to provide core processing services to Elavon, a subsidiary of U.S. Bank.

“TSYS is one of the leading processors of commercial payments in Europe, now processing in 17 countries across the continent,” said Bob Evans, managing director of Europe, TSYS International. “U.S. Bank’s decision to work with TSYS in Europe is a testament to the strong relationship that exists in the U.S. and the experience TSYS has gained through our expansion in Europe.”

U.S. Bank will begin issuing corporate cards in Europe this summer.

CorFire and InComm Partner To Deliver Mobile Commerce Solutions

CorFire logo 05 13 11CorFire has announced a strategic partnership with InComm.

The partners will deploy a mobile commerce platform that will deliver promotion, loyalty, and general payment solutions to national merchants and their customers. Different from other mobile wallet platforms, the solution works within a merchant-branded environment that gives consumers a wallet experience that is tailored to the specific retailer.

CorFire's offering include its Trusted Services Manager (TSM) platform, a robust mobile wallet platform, and a state-of-the-art suite of mobile marketing platform.

Authentify Announces Early Availability Program for Its 2CHK Service

Authentify Logo colorJPG 300dpi Authentify has announced that it is offering early, limited availability of its Authentify 2CHK™ service. "2CHK (spoken as '2 check') is an always-on transaction authentication service. 2CHK provides consumers with a simple and familiar way to double check their online transactions in real time via a second secure channel on their mobile devices or desktop."

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