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« August 28, 2011 - September 3, 2011 | Main | September 11, 2011 - September 17, 2011 »

September 08, 2011

Mitek Systems Brings Credit Card Balance Transfer to Smartphones

Mitek logo 140pxMitek Systems hgas announced an innovative application for the financial services industry that enables consumers to switch bank credit card accounts as simply as “Point, Shoot and Transfer" using Mitek Mobile Balance Transfer.
The mobile application enables a bank’s customer to use a smartphone camera to take a picture of a competitor’s credit card payment coupon. The customer transmits the information to the bank, which then can offer the customer a better interest rate to incent the customer to open a new credit card account and transfer an existing balance.
Mitek Mobile Balance Transfer, like the other members of Mitek's family of mobile-banking applications, is based on the company’s mobile image-capture and data-extraction capabilities.

Federal Reserve Reports Consumer Credit for July 2011

FedThe US Federal Reserve has reported its latest G.19 Consumer Credit statistics - finding that "consumer credit increased at an annual rate of 6.0% in July 2011. Revolving credit decreased at an annual rate of 5.25%, while nonrevolving credit increased at an annual rate of 11.25%."

September 07, 2011

Alipay Acquires OnCard Payments

Alipay logo 115pxChinaTechNews is reporting that Alipay has acquired OnCard Payments, the third-party payment service subsidiary of Australia's OnCard International. Integrating the two services together, it's believed, will help Alipay's 550 million registered users buy airline tickets from major Asian carriers.

September 06, 2011

99Bill Launches e-payment Platform and Mobile Payment Strategy

99bill logo 140x60px99Bill has announced its new '99Bill+' payment platform and announce its strategy for mobile payments in China.
Through an open and collaborative platform, '99Bill+' offers a seamless linking of the end-user's back-end payment system and 99Bill's front-end e-commerce platform. This enables clients to embed all kinds of new and innovative applications aimed at improving user experience and speeding up the growth of their business.
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FilmFlex Movies Selects PayWizard for Online Movie Services

Paywizard logo 140x60pxPayWizard has announced that FilmFlex Movies in the UK has added PayWizard as an online payment mechanism.
FilmFlex Movies is the sixth customer to deploy the PayWizard multi-screen payment platform since the beginning of the year. Film4oD customers simply select the films they want to watch, register for a PayWizard account, top up their PayWizard account balance and pay quickly and easily using the PayWizard e-wallet. The e-wallet holds digital versions of credit/debit cards, the current balance, and various personal data. It facilitates continual card authorisation for true 'single-click' purchases and can handle a range of innovative subscription models.

PayWizard supports transactions made on multiple devices, including online, tablets, smart phones, connected TV's and digital set-top boxes.

The American Express Gift Card Goes Digital

Amex logo 140pxAmerican Express has announced the launch of the American Express eGift Card, "a new virtual gift card to be purchased and used online. This new virtual gift card mirrors the revolutionary American Express Gift Card, with no fees after purchase—including no fees for activation, no fees for checking a balance, no fees for monthly servicing, and the funds do not expire."

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