IP Commerce announced the immediate availability of their new Multi-Party Payments (MPP) Commerce Playlist - a rules-based engine designed to streamline and simplify the collection and disbursement of funds between multiple parties.

“The software companies and associated retail customers we serve have repeatedly asked us to help with this thorny infrastructure challenge,” said IP Commerce Founder and CEO, Alfred ‘Chip’ Kahn IV. “The Multi-Party Payments Playlist provides our customers with cloud-based functionality to address the collection and disbursement challenges associated with Online-to-Onsite payment workflows – allowing them to remain focused on getting their applications and services to market quickly, while leveraging our platform to do the heavy lifting associated with commerce workflow orchestration.”

On the web:

• PayPal Tests New NFC Mobile Payment App in Sweden - MobilePaymentsToday.com
• Isis looks for Mobile Payments Partnerships beyond the US - Rethink Wireless
• Western Union Targets Small Businesses with Payments Portal - American Banker
• InspirePay Launches Online Payment Tool - Boulder County Business Report
• Target To Sell Credit Card Business, Focusing On Core Biz - Forbes
• The Many Flavors of EMV - Portals and Rails

On the wires:

• Citi Expands Global Coverage of Its Commercial Cards Business in Israel
• BillingTree Enlists IP Commerce to Expedite Merchant Boarding Services

IP Commerce has announced the Online2Onsite (O2O) Commerce Playlist, a plug and play solution designed to provide retailers with access to the right set of services to easily connect online and mobile marketing initiatives with multiple redemption methods including in-store Link2Card redemption.

“As a technology enabler, we are keenly aware of the system constraints all retailers face in reconciling online and offline consumer experiences,” said Alfred ‘Chip’ Kahn IV, founding CEO of IP Commerce. “The O2O Commerce Playlist facilitates rich two-way commerce interactions in-lane and online. This Commerce Playlist, along with others that can be easily configured, brings freedom from un-enriched one way payment transactions.”

On the web:

• U.S. Gets to Catch Up On Credit Card Security - The Register Card
• Mobile Interactive Group Acquires Mobile Payments Startup Zaypay - TechCrunch
• FinCEN Delays Compliance With Some Prepaid-Access Regulations - WSJ
• Reviewed: The American Express Gift Card Store and its New eGift Card Option - NetBanker

On the wires:

• IP Commerce Closes $20.7 Million Investment from Intel Capital and Existing Investors
• HSBC Launches BUSINESS without BORDERS for U.S. Companies
• VeriFone Expands International Channels with Hypercom Distributors
• Western Union and TouchNet Team Up to Develop Payment Solutions for Universities & International Students
• Puerto Rico’s Conversion to All Electronic Toll Collection Debuts with Dramatic Results
• Nexon Rolls Out New Karma Koin Cards This Month to Retailers

IP Commerce and PlaySpan have announced a partnership between the two companies to "facilitate the delivery of PlaySpan’s monetization solutions to social and digital content developers through IP Commerce’s Managed Services Platform."

AurionPro Solutions Ltd. and IP Commerce have announced they are forming a joint venture called PriorityCommerce to build payment-enabled applications tailored to the needs of small and medium businesses in the U.S. READ MORE »

Denver-based IP Commerce has announced it has raised $17 million in Series C financing led by Venrock with Total Technology Ventures also joining as a new investor. The Company’s existing investors, Meritage Funds, Appian Ventures and Iron Gate Capital also participated in the financing. READ MORE »

IP Commerce has announced that it will offer payment services powered by PayPal including an email invoicing solution in PASS Commerce Center and a Sales Ticker, as part of the PASS Gadget which can be placed in the Windows Vista sidebar. According to the companies, "small businesses using PASS Commerce Center and services will benefit from improved cash flow, visibility into their financial standing, best practice security measures that reduce fraud and identity theft, and the ability to extend greater flexibility of payment options to their customers."

IP Commerce and BankServ have announced DepositNow, an online, remote check deposit service designed for small businesses that eliminates trips to the bank by enabling small businesses to deposit checks and manage accounts receivable transactions directly from the convenience of their desktop PC.

A new payments consortium called PASS (Payments As a Secure Service) announced its formation at the Microsoft Developers Conference. The consortium, which is led by IP Commerce, intends to exploit new features in Windows Vista, including the operating system's enhanced security and discovery features.

Currently, small businesses interface with credit card companies and financial services firms in the financial ecosystem through highly proprietary relationships based on one-to-one technology connections. PASS redefines this relationship by enabling Independent Software Vendors, System Integrators and Value-Added Resellers to create service-oriented financial management solutions in software applications fulfilled by best-in-class providers through a single service provisioning system.