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Converged NewsMAY 16, 2012
TSYS Unveils Its Agenda for Connected Mobility
Intended to Support Commerce for the Digitally Active
COLUMBUS, GA (May 16, 2012) TSYS (NYSE: TSS) has announced its agenda for connected mobility to support commerce for digitally active consumers — those accustomed to navigating their daily lives with smart phones, tablets, game systems, electronic readers and computers. This initiative,...
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Payments NewsMAY 15, 2012
Global Payout Teams with BPS
Launches International Prepaid Debit Card
SAN DIEGO, CA (May 15, 2012) Global Payout, Inc. says it has reached an agreement with Boundless Payment Solutions, Inc. (BPS) to issue international debit cards to foreign residents. Through BPS' direct bank relationships, Global Payout has launched a prepaid debit MasterCard with...
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Telecom NewsMAY 15, 2012
LG Optimus Elite Makes its Way to Virgin Mobile USA
Device Enabled with NFC and Google Wallet
WARREN, NJ and SAN DIEGO, CA (May 15, 2012) Virgin Mobile USA is now offering the LG Optimus Elite in Titan Silver for $149.99. The device operates on Virgin Mobile’s no-contract Beyond Talk plans with unlimited data and messaging starting at $35 a month. LG Optimus Elite comes with...
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Converged NewsMAY 14, 2012
Steam Wallet Comes to GameStop Stores
Codes Available for Purchase in Over 4,400 Stores
GRAPEVINE, TX (May 14, 2012) GameStop Corp., a multichannel video game retailer, in partnership with Valve, creators of Steam, a platform for the delivery and management of PC and Mac games, has announced the nationwide availability of the Steam Wallet at all US GameStop locations....
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Converged NewsMAY 14, 2012
Momentum Now Offers Low Cost Gift Card Service
Merchants of all Sizes Can Build Custom Program
DALLAS, TX (May 14, 2012) According to Momentum Payment Systems, an electronic payment processor, many of the larger retailers are taking full advantage of a gift card marketing program of some type; however, smaller businesses are sometimes more reluctant to pick up on this high-demanded...
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Converged NewsMAY 11, 2012
Wright Express Acquires CorporatePay
Extends Offering to Include Prepaid Virtual Cards
SOUTH PORTLAND, ME (May 11, 2012) Wright Express Corporation, a provider of value-based business payment processing and information management solutions, has acquired the stock of CorporatePay, a privately held provider of corporate prepaid solutions to the travel industry in the United...
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Telecom NewsMAY 10, 2012
América Móvil to Acquire Simple Mobile
Adds One Million Subscribers to Network
MEXICO CITY, MEXICO (May 10, 2012) América Móvil, S.A.B. de C.V. (BMV:AMX; NYSE:AMX; NASDAQ:AMOV; LATIBEX:XAMXL), has announced that its subsidiary Tracfone Wireless, Inc., has entered into an agreement to acquire 100% of the operations of Simple Mobile, Inc., one of T-Mobile’s mobile...
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Payments NewsMAY 10, 2012
NetSpend and Family Dollar Partner
Announce New Prepaid Card Agreement
AUSTIN, TX and MATTHEWS, NC (May 10, 2012) NetSpend Holdings, Inc. (NASDAQ:NTSP) has entered into a distribution agreement to sell the NetSpend Visa Prepaid Debit Card at Family Dollar Stores, Inc. (NYSE:FDO) locations nationwide.

"This new partnership with Family...
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Payments NewsMAY 10, 2012
Selena Prepaid Visa Debit Card to Launch
Prepaid Card Features Image of Tejano Star
CORPUS CHRISTI, TX (May 10, 2012) The Quintanilla family and Visa have unveiled a prepaid debit card featuring the image of slain Tejano star Selena.

The credit card company had asked the family for permission to use her image on the card after they decided to issue...
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Payments NewsMAY 9, 2012
Visa and Obopay Collaborate
To Offer Electronic Disbursements to Visa Prepaid Cards
SAN FRANCISCO, CA (MAY 9, 2012) Visa Inc. (NYSE:V) and Obopay, a provider of mobile and instant payment solutions for brands, are collaborating to enable near real-time payment solutions for disbursing electronic funds to a prepaid card. As a result of the agreement, Obopay will offer...
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Telecom NewsMAY 9, 2012
DIGITALK Enhances Routing Functionality
Adds US Jurisdictional Routing to Carrier Platform
MILTON KEYNES, UK (May 9, 2012) DIGITALK, an independent vendor of carrier, consumer and mobile communications solutions to retail and wholesale service providers, has added US Jurisdictional Routing to its SBC VoIP Peering platform, enabling US service providers to apply margin-...
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Payments NewsMAY 9, 2012
American Express Teams with Barnes & Noble College
To Launch Campus Edition Prepaid Card
NEW YORK, NY (May 9, 2012) American Express (NYSE:AXP) has launched the American Express Campus Edition Prepaid Card, a reloadable prepaid Card available in more than 500 Barnes & Noble college bookstores across the United States. Campus Edition Prepaid Card will provide college students...
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Telecom NewsMAY 8, 2012
Virgin Mobile USA Introduces 4G Plans
No-Contract Plans Start at $35 per Month
WARREN, NJ (May 8, 2012) Virgin Mobile USA is offering customers who prefer a no-contract option the HTC EVO V 4G on Virgin Mobile Beyond Talk monthly plans. The data-centric offers start at $35 per month for unlimited data and messaging. HTC EVO V 4G will be available for $299.99...
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Payments NewsMAY 8, 2012
Consumer Action, AmEx Offer Prepaid Consumer Guides
Free Educational Series on Payment Alternative
WASHINGTON, DC (May 8, 2012) Prepaid cards are the financial tool of the moment for a growing number of consumers. They are helping consumers to manage their finances, pay bills and take advantage of direct deposit services -- all without a bank account.

A new generation...
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Payments NewsMAY 8, 2012
CSC Teams with Daon on Identity Authentication for Banking
Confident ID Mobile to Reduce Fraud and Identity Theft
FALLS CHURCH, VA (May 8, 2012) CSC (NYSE:CSC) has teamed with Daon, a provider of identity authentication technology and services, to launch a biometric authentication service to help banks reduce risk and protect their customers from fraud and identity theft. The offering, Confident...
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