Fifth Third Bank Standardizes March Networks Financial

Fifth Third Bancorp has initiated an upgrade program of its existing March Networks’ video surveillance systems across more than 1,300 full-service retail banking branches, data centers, corporate offices, and operations and cash handling facilities. One of the top 15 banks in the U.S., Fifth Third Bank has already started deploying 12,000 new March Networks IP and analog cameras, and will upgrade to new 4332 C Hybrid Network Video Recorders (NVRs) nationwide. The bank is also piloting the March Networks Searchlight portfolio of intelligent data analytics to proactively detect and reduce losses from fraud at ATMs and teller lines. Fifth Third Bank will upgrade to the 4332 C Hybrid NVR, which will double its existing IP camera support and expand evidence storage. It is also deploying a mixture of March Networks MegaPX WDR MiniDome IP cameras and WDR Indoor Dome cameras throughout its retail bank and critical infrastructure facilities.

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Credit Card Processing Guide Available From CardPaymentOptions.com

CardPaymentOptions.com is offering a free step-by-step guide to credit card processing for simply “liking” the company’s Facebook page. The guide, titled “Fee Sweep,” is an in-depth explanation about the merchant services industry, how the rates and fees work, and includes instructions on how to negotiate the best deals when signing up for new services or re-examining current contracts. This contains over 25 pages of easy to understand descriptions about everything from tiered pricing to cancellation fees. It walks merchants and business owners through the typical marketing pitches used by merchant service companies and their sales agents, and explains the different terms they will frequently hear when speaking with representatives.

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U.S. Bank Implements Secure Vault Payments for Child Support

U.S. Bank announced the successful implementation of Secure Vault Payments (SVP) with the Nebraska Child Support Payment Center for online child support payments. Non-custodial parents can now choose Secure Vault Payments (SVP) to make their child support payments from a consumer online bank account at U.S. Bank or at any SVP-enabled financial institution. With Secure Vault Payments, a non-custodial parent initiates the payment at the Child Support Center’s website. The parent is automatically redirected to his or her bank’s online banking platform to select the account to use for payment. The participating financial institution authenticates the payer and immediately withdraws funds from the payer’s account and then transfers funds to the Child Support Center the next business day.

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EMO Capital Forges Payment Processing Alliance

EMO CAPITAL through its wholly owned subsidiary NuVitality Labs forms strategic alliance with Pershing Processing for global payment processing solution. The relationship with Pershing will allow NuVitality to process in multi currency globally further augmenting the companies strategy of controlling as many aspects as possible in their vertical market. Pershing Processing is a leading gateway and payment processor, run by experienced processing industry professionals linking customers, merchants, and financial institutions in order to facilitate electronic transactions around the world.

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Callcredit partners miiCard, Intros ID verification

Callcredit and miiCard announce a strategic relationship to provide the UK’s first true consumer focused identity verification service, combining robust credit bureau verification checks and strong impersonation protection which will change the way financial products are sold on-line. The need to validate and verify identity without causing unnecessary intrusion on genuine customers is becoming ever more vital in the way we conduct business. Combining the need to meet regulatory requirements, reduce operational costs and stop fraud whilst providing a good customer experience is key to the success of many businesses trading on-line.

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Trustpay Global Implements Cloud Payment

Foehn is providing Trustpay Global payment processing company a cloud-based telephony service to help improve their customer service. Foehn’s technology is helping Trustpay Global to deliver a new business model, where it generates its income from solutions that directly increase clients’ revenues or reduce their operating costs. The cloud-based system will also give Trustpay Global the ability to “pay as they grow” their communications rather than having to update their phone system to manage increases in staff and offices.

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Valitor Acquiring Service PCI DSS Compliant

Valitor cross-border acquiring services and international merchant and card solutions, recently received validation of compliance against the PCI DSS. This is in addition to its already-earned ISO 27001 certification for all of its operations and services to retailers, banks, savings banks and card holders. The two security standards form a sound foundation on which to build the company’s security affairs for the future. The company’s information security policies are based on laws and regulations on personal privacy, the EU’s directives on personal privacy and relevant security standards ISO 27001 and PCI DSS.

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Ingenico Inks Contactless Terminal Partnership

Coles retailer has selected Ingenico to renew its fleet of Payment terminals. Subsequently, 24,000 lanes of the Coles group will soon be equipped with the Ingenico’s “iPP350,” which includes integrated contactless capability. The “iPP350” is a compact ergonomic payment terminal with a colour-screen for high visual impact, specifically designed for the retail market. It integrates an embedded contactless reader, simplified maintenance, universal connectivity and complies with all statutory and regulatory requirements delivering fast and secure transactions.

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Raiffeisen Bank Extends First Data Contactless JV

First Data Corporation electronic commerce and payment processing expanded its cooperation with Raiffeisen Bank Poland. This will provide card payment processing services to support the bank with its implementation of a new contactless card programme. Raiffeisen Bank’s current customer offering will be expanded to include contactless payments functionality with the introduction of Visa payWave payment cards which are embedded with an antenna and microchip. Cardholders simply place the card near a special terminal equipped with a contactless card reader to initiate the transaction, which is executed in a split second.

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WestJet Deploys Visa Debit Payment Technology

Visa Canada and WestJet announced card holders can now use Visa Debit to purchase airline tickets online and through the airline’s Sales Super Center. Visa Debit allows one-step online electronic debiting of funds without requiring customers to sign in to their bank account, and is backed by Visa’s multiple layers of security, which helps to reduce the risk of fraud through Visa’s Zero Liability Policy, Verified by Visa®, E-Promise, AVS (Address Verification Service) and CVV2 (the three-digit code).

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Good News Continues on the Unemployment Front

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] December unemployment was consistent with dropping November figures, dropping .1% to 8.5%. This is significant given the rate has been stuck at 9% or higher throughout 2011, and was thanks in great part to new hires in retail trade, leisure and hospitality, professional and business services, and health care while the…

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