FrontStream Payments Intros Payment Management Platform

FrontStream Payments released version 1.0 of its all-in-one “fasttransact” payment management platform, a self-serve, enterprise level payment system designed for managing multiple payment input channels, interactively gathering and tracking customer and consumer activity, and streaming critical consumer and financial data to core client-side business applications. Offering a single-source payment capture and management platform, its hosted on the PCI-DSS certified FrontStream network. The “fasttransact” payment management platform was built on FrontStream’s legacy business strengths. Practices such as efficient client boarding, fast and secure authorization, payment channel diversity, and compliant data storage are fundamental to the “fasttransact” platform framework.

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Peoples Bank of Alabama Implements NCR ATM Technology

Peoples Bank of Alabama is the first community bank in the state of Alabama to deploy NCR “SelfServ” ATMs with scalable deposit module (SDM), which makes the deposit portion of an ATM transaction twice as fast. The bank will improve its transaction processing by running advanced NCR software, including NCR “APTRA Passport” across its ATM network. Peoples Bank of Alabama is deploying 30 NCR SelfServ ATMs with SDM, letting consumers deposit cash and checks simultaneously in any orientation through a single slot.

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CKE Restaurants Implements Panasonic POS

Panasonic has been approved by CKE Restaurants to provide its Stingray POS workstation to Carl’s Jr. and Hardee’s franchisees. The “Stingray” all-in-one modular design allows for cost-effective customization to meet specific application needs of the QSR industry, letting franchise owners adapt the modular workstation’s configuration at any time. They can replace the LCD display, increase RAM, swap or change hard drives, add a card reader in a desired position or add security devices ” all in the field with no need for a service technician.

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ControlCase Launches ISO 27001/2 Certification Offering

ControlCase IT Governance, Risk and Compliance (GRC) software, Compliance as a Service (CAAS) and Certifications, has formed an independent and standalone division to perform ISO 27001 certifications. ControlCase was recently awarded the ISO accreditation from the Dutch Accreditation Council, http://www.rva.nl, (RvA). With this accreditation, ControlCase can now offer clients with a compelling and more cost effective offering that combines expertise in PCI Data Security Standard (PCI DSS) compliance and ISO 27001 certification. The independent team of experts in the newly formed ISO division can now offer services for Training, Initial Assessments, Certification Audits and Surveillance Audits for Certifications as per ISO 27001.

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Payzone Site Discounts Card Terminal Rentals

Payzone Cards can now offer small businesses its affordable system to incorporate Visa and Mastercard payment terminals. Also switching to Payzone allows businesses to accept VISA and Mastercard credit and debit card payments at the best rates; with support from the highest quality customer service. The all new Payzone Cards site and switch your card payment terminal service to Payzone. There are a number of benefits to doing so. Payzone boasts card charges up to 50% cheaper than most credit card processing providers, while terminal fees remain capped for 5 years.

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Doha Bank launches VISA INFINITE CARD

Doha Bank partnered VISA to launch the “Al Riyada” VISA INFINITE CREDIT CARD. The “Al Riyada” Visa Infinite card will be offered to high net worth “Al Riyada” clientele though invitation only. The bank’s customer segment is designed to serve exceptional clients with the highest standards of personalized service and with a distinguished disposition deliberate to suit and enhance their lifestyle prerequisites. The “Al Riyada” VISA INFINITE CREDIT CARD will grant the loyal clients the experience of a multitude of distinctive offers and VIP treatment around the world. Cardholders will enjoy access to the finer things in life with an extraordinary range of travel, dining, shopping and lifestyle opportunities.

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Seven UAE Universities Join Western Union Competition

Seven UAE-based Universities have confirmed their participation in the inter-University “Business for Better” Competition being organized by Western Union money transfer and global payment services and Al Ansari Exchange exchange house network, which provides worldwide remittance and foreign exchange services. The ‘Sustainable Business Plan’ development competition has received several student applications from Abu Dhabi University (ADU), American University in Dubai (AUD), American University of Sharjah (AUS), University of Bolton Ras Al Khaimah Campus, Heriot-Watt University in Dubai, University of Dubai and University of Wollongong in Dubai (UOWD). Western Union and Al Ansari Exchange jointly screened all submissions and the top 15 concepts were shortlisted for the final round. Student groups will submit sustainable business plans and present it to the panel of judges, winners of which will each receive scholarships of AED 35,000, AED 20,000 and AED 10,000, respectively.

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Jordanie Inks ATM Co-Op With SmartBuy

Jordanie (SGBJ) signed a cooperation agreement with SmartBuy to provide the exhibition located in Queen Rania Al Abdullah Street with an ATM which will offer SGBJ’s clients, the exhibition’s visitors and other banks’ clients the opportunity of benefiting from the different banking services offered through the ATM. SGBJ’s General Manager, emphasized in his statement on the importance of this step which comes as part of the bank’s strategy and future plan in expanding its network in the Kingdom’s different geographical areas and offering various banking services for the largest possible number of clients.

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ACI Worldwide Awarded Most Innovative Financial Services Solution

ACI Worldwide payment systems and its “BASE24-eps” retail payments engine has been named the Most Innovative Financial Services Solution in the 2011 Financial World Innovation Awards. These awards, in their 14th year and highly respected in the industry, attracted more than 200 submissions, from 70 organizations, across 21 countries. The judges looked at the value that the nominated solutions offer, and the business and technology benefits they deliver. The integrated payment engine that acquires, authenticates, switches, and authorizes financial transactions across multiple channels. The “BASE24-eps” provides a full range of functionality to support payments — traditional and smart chip card, ATM, internet, mobile and bank branch transactions.

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Revolving Credit Outstanding Starts Seeing More ‘Ups’

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Of the total $2.46 trillion in outstanding US consumer debt, total outstanding revolving credit was up 0.6% in October from $792.0 billion in September to $792.3 billion. This compares to the year ago figure of 803.2. Revolving consumer credit plummeted from its peak of $973.6 billion in August 2008 by a…

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American Express Adds Seamless.com to Savings Program

American Express is adding “Seamless” digital service for ordering delivery and takeout food to its Blue Savings Program. Eligible Cardmembers will receive a $10 statement credit for every four orders of $15 or more they make using the Seamless.com website or iPhone®, Android™, and Blackberry® apps. Cardmembers must enroll in the offer at www.americanexpress.com/bluedining with a Blue from American Express®, Blue Cash®, Blue Cash EverydaySM, Blue Cash PreferredSM, Blue Sky®, or Blue Sky Preferred® Card from American Express and charge all qualifying purchases with the enrolled Card. Cardmembers can receive up to $120 in statement credits now through October 31, 2012.

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