Gemalto unveils secure SIM NFC servicing

Gemalto, the world leader in digital security, launches the new UpTeq NFC SIM vault to offer mobile operators higher return on investment from their NFC roll-outs, and unmatched security for protecting mobile transactions. The powerful and robust new SIM has attained more security certifications from independent authorities and to the highest level possible. This enables…

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GlobalCollect Grows as Regional Payment Service Provider

GlobalCollect announces a definitive agreement to acquire Sub1 Payment Service Provider (PSP). The Sub1 acquisition facilitates GlobalCollect’s strategic intention to expand in Latin America. B2C e-commerce sales in Latin America are expected to grow from $33.9 Billion in 2012 to $55.4 Billion in 2015. Sub1 has over 15 years of experience in both Card Present (POS) and Card Not Present transaction processing and controls the highest number of payment connections in the region.

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Visa and Samsung Reveal m-Payments App

Visa and Samsung revealed the official mobile payments application of the Olympic and Paralympic Games. Samsung and Visa will debut the mobile payment application at Mobile World Congress, Barcelona, Spain from February 27th to March 1st. This marks the first step to realising the partnership between the two Olympic and Paralympic Games sponsors to bring mobile contactless payments to London as part of their support of the London 2012 Olympic Games. Purchases above 15 pounds require a passcode. The application also lets customers check their transaction history and view their up to date account balance. Backed by the multi-layered security and reliability of Visa’s processing platform, mobile contactless payments are protected by the same standard terms and conditions that apply to Visa cards.

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VantageScore Solutions Makes Available Validation Results

VantageScore Solutions announced that three white papers are now available that provide detailed performance results of VantageScore 2.0 within the mortgage, automotive and credit card lending industries. VantageScore 2.0 is able to capture both broad and recent behaviors as well as market conditions, making the algorithm less sensitive to volatility and predictive for a longer period of time. These characteristics contribute to the model’s performance results, which include a 7% increase in predictive accuracy in the real estate origination category when compared with a benchmark score; a 4% increase in predictive accuracy in the auto loan origination category when compared with a benchmark score; and a 4% increase in predictive accuracy in the credit card “existing account” category when compared with a benchmark score.

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IronKey Trusted Access Launches Secure Cloud

IronKey extended enterprise management, launched its cloud service and virtualized workspace apps that helps IT transform from a technology operator to dynamic service provider. The new Enterprise Service enables organizations to take advantage of two trends re-shaping IT — Bring Your Own Device (BYOD) and SaaS/cloud applications — to dramatically reduce or eliminate enterprise issued endpoints and supporting infrastructure, operations and maintenance expenses. With the savings gained, IT leaders can shift spending to projects with greater strategic importance and impact on top line growth. The service is designed to work with small, medium and large enterprises that have contractors, remote workers, and remote offices, or large cloud applications users.

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Touch Point Implements m-marketing Through ATMs

Touch Point mobile marketing forged a 10-year partnership with FAM Capital Group (FAM) ATM systems. With this, at 6,300 locations, TOUCHPOINT is embedding its mobile technology through its patent-pending process in 16 FAM-owned and operated ATMs in the New York City Times Square area, giving marketers access to the quarter-million pedestrians who enter Times Square each day. TOUCHPOINT’s proprietary technology allows it to direct ads to mobile devices within a 300-foot radius of the host device. When a device comes within range of the broadcast zone, the device is ‘pinged’ with an ‘opt-in’ message. Acceptance of the message will transfer the content from the TOUCHPOINT BROADCAST UNIT (TBU) to the consumer’s mobile device where it can be viewed, stored and acted upon at the discretion of the consumer.

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Fiserv Announces New Share Repurchase Authorization

Fiserv, a leading global provider of financial services technology solutions, announced that its Board of Directors has authorized it to repurchase an additional 10 million shares of the company’s common stock, or approximately 7 percent of its outstanding shares. Fiserv may repurchase shares in the open market or in privately negotiated transactions at the discretion…

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MagTek introduces EMV Chip and PIN mPayment POS

MagTek Inc, the world class provider of card readers, cheque readers and scanners, PIN Pads, card issuing systems, and MagnePrint ® credential authentication technology introduces iDynamoEMV™, a secure EMV Chip + PIN Mobile payment device. iDynamoEMV, along with the appropriate App., turns your Smart Phone or Tablet into a highly secure mobile payment system allowing…

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Discover Announces Financial Community Briefing

Discover Financial Services plans to host a financial community briefing in New York City on Thursday, March 22, from 8:30 a.m. to 11:30 a.m. Eastern time. David Nelms, chairman and chief executive officer, and other members of Discover’s senior management team will update the financial community on the company’s performance and business objectives. Live audio…

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Alert Logic Completes Acquisition of Armorlogic

Alert Logic, the leader in delivering Security-as-a-Service for the cloud, announced the completion of the acquisition of Armorlogic (www.armorlogic.com), a leading developer of Web application security solutions. Alert Logic will combine the leading blocking capabilities of Armorlogic Profense WAF with its own proven Security-as-a-Service model to simultaneously increase the effectiveness and decrease the cost of…

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MasterCard and Telefonica Put a Name to JV

MasterCard and Telefónica launched its “Wanda” mobile financial solution. This will provide mobile payment solutions to the over 87 million Movistar customers in the 12 markets where it will operate. These mobile payment services will be linked to a mobile wallet or prepaid account that will allow for money transfers, mobile airtime reload, bill payment and retail purchases, among other services. The mobile wallet and prepaid accounts will be available anytime, anywhere in the world.

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