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06/27/2008
NetSpend and Skylight to Merge
Unbanked Market to be Targeted
AUSTIN, TX, and ATLANTA, GA (June 26, 2008) NetSpend Corporation and Skylight Financial, Inc. have agreed to a merger agreement, and will combine business operations. The merged company will be dedicated to meeting the financial services needs of unbanked and underbanked consumers... |
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06/27/2008
Virgin Mobile To Buy Helio for $39 M
Equity Deal Based on Stock Exchange
Virgin Mobile To Buy Helio for $39 M
Equity Deal Based on Stock Exchange
WARREN, N.J., June 27, 2008 – Virgin Mobile USA, Inc. (NYSE: VM) has entered into an agreement to acquire Helio, a joint venture between SK Telecom and EarthLink, Inc. (Nasdaq: ELNK) . The announcement... |
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06/26/2008
Discover Reports $234 Million Income
Card Sales Grow 2% to $22.5 billion
RIVERWOODS, IL (June 26, 2008) Discover Financial Services (NYSE: DFS) reported net income for the second quarter of 2008 was $234 million, or $.48 per share, as compared to $209 million, or $.44 per share, in the second quarter of 2007. Reported results included income from continuing... |
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06/25/2008
Virgin Mobile to Offer Unlimited Calling for $80
No Contract Service Available July 1
WARREN, NJ (June 24, 2008) Virgin Mobile USA will unveil a new “Totally Unlimited” calling plan for $79.99 on July 1. The company said this is the lowest priced unlimited nationwide calling plan available. The service has no roaming charges or annual contracts. It can be purchased... |
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06/25/2008
Viscom to Offer Mexico Cards Through Emida
Phone and Cellular Cards Distribution Expanded
ATLANTA, GA (June 24, 2008) Viscom International Inc. announced it will distribute its $5 BEST Mexico prepaid phone cards and $5 BEST Mexico Celular cards in more than 20,000 locations. The expanded distribution is part of a distribution deal signed this month with Emida Technologies... |
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06/23/2008
MasterCard and Obopay to Offer P2P Mobile Payment Service
New Service to Allow Payments and Banking
PURCHASE, NY (June 18, 2008) MasterCard and Obopay will offer a fully-integrated on-demand person-to-person mobile payment service in the United States. The service will be offered using MasterCard MoneySend, and will give MasterCard customers a mobile payments service on all credit,... |
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06/23/2008
Summer Youth Job Program Pay with Debit Cards
DC Debit Card Program Speeds Payment, Cuts Costs
WASHINGTON, DC (June 20, 2008) Youth participants in Washington, D.C.’s summer jobs program will now receive their wages on JPMorgan-issued Visa payroll debit cards. DC’s Department of Employment Services announced that it has deployed the payroll card program to provide young workers... |
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06/23/2008
TIO Networks Adds 10,000th Location
Network Triples in Size
BUNRABY, BC, (June 20, 2008) TIO Networks Corp., (TSX.V-TNC), announced that it has surpassed its 10,000th location activation milestone.
The automated bill payment and financial services network company reported that its 6,000th OEM Express location has begun processing... |
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06/18/2008
Lance Armstrong Named as NACS Show General Session Speaker
Cancer Survivor Keynotes
Lance Armstrong Named as NACS Show General Session Speaker
ALEXANDRIA, VA (June 18, 2008) Lance Armstrong, one of the world’s most recognized athletes, has been announced as an October 7 General Session speaker for NACS Show 2008. The NACS Show will take place October 4 to... |
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06/17/2008
Parenting Group Launches Subscriber Rewards Program
Affinity Solutions Prepaid Visa Use Earns Cash Back
NEW YORK, NY, (June 5, 2008) Parenting Group, the publisher of Parenting and Babytalk magazines announced a new subscriber rewards program dubbed Parenting Privileges. Parenting subscribers can earn up to 20% in cash back rewards at leading online retailers. The Parenting Privileges... |
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06/16/2008
Pingo Reduces International Calling Rates To 70 Countries
VoIP Service Offers Low Rates Using Existing Fixed and Mobile Phones
BURLINGTON, MA (June 16, 2008) Pingo, a prepaid VoIP calling service (Voice over Internet Protocol) from iBasis (NASDAQ: IBAS), has announced rate reductions on fixed-line and mobile phone international calling to 70 countries by as much as 59 percent.
Unlike traditional... |
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06/16/2008
Virgin Mobile USA Asks Music Fans to 'Book the Band'
Announces Plans for 2008 Virgin Mobile Festival
WARREN, NJ (June 16, 2008) This year’s Virgin Mobile Festival will take place August 9 and 10 in Baltimore, and will feature more than 40 acts, including Foo Fighters, Jack Johnson, Kanye West, Nine Inch Nails, Stone Temple Pilots and Bob Dylan.
For the second year in a row,... |
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06/12/2008
NovoPayment Issues General Purpose Spending Cards Forecasts
Latin America’s Unbanked Could Number 300 Million by 2015
MIAMI, FL (June 10, 2008) NovoPayment estimates that the potential market for prepaid spending cards could be more than 300 million unbanked Latin Americans. The prepaid service provider said that the purchasing power of the unbanked could be more than US$ 200 billion per year by 2015.... |
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06/12/2008
AllCompass Migrates Network to VoIP
PhoenixSoft’s Cirrus Softswitch Deployed
PHOENIX, AZ (June 11, 2008) AllCompass Communications has upgraded its legacy switching platform to PhoenixSoft’s new Cirrus Softswitch solution. According to the release, AllCompass provides a variety of prepaid calling cards that allow consumers to make calls worldwide from any phone.... |
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06/12/2008
Admoda chooses Bango for Mobile Advertising Metrics
Campaigns to Be Tracked for Results
NEW YORK, NY (June 10, 2008) Mobile ad network Admoda, announced that it will use Bango to provide key metrics to advertiser to measure the success of their mobile advertising campaigns. Bango Analytics allows Admoda advertisers to accurately identify, track and build a profile of... |
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