PreCash Intros Secure Payment Services

PreCash payments and transaction processing company announced the launch of PreCash Secure Payment Services. PreCash offers Money Service Businesses (MSBs) agent agreements that ensure compliance with applicable state and federal regulations and include risk management and settlement features. PreCash agents are able to sell, load or unload prepaid debit stored value products and can transmit money for the purpose of prepaid wireless refills and bill payment.

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E-Global Selects INETCO for Transaction Management

E-Global electronic payment processor purchased INETCO “Insight” business transaction management software to manage its expanding payment operations. E-Global provides switching and card processing services for large merchant retailers and major banks in Mexico, including BBVA Bancomer and Citibank’s Banamex Mexico. E-Global can now reliably process more than 100 million transactions per month and proactively manage their growing volume of POS, ATM, e-commerce and mobile phone transactions. INETCO Systems offers transaction monitoring and application performance monitoring for the payment processing, ATM and banking industries.

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POS Supply Solutions Expands With Wide Format Inkjet Rolls

POS Supply Solutions is expanding their comprehensive line of products to include wide format inkjet rolls and engineering rolls. POS Supply Solutions engineering rolls are perfect for engineering firms, architects, manufacturing, home and landscape design, construction and municipalities. Applications including CAD, engineering plans, architectural plans, diagrams and charts. Small businesses and reprographics shops can utilize the wide format inkjet rolls for trade show graphics, point-of-purchase or event signage, fine art reproduction, custom wall coverings and much more.

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Treasury Committee calls to remove ATM restrictions

The Chairman of the Treasury Select Committee called on Lloyds TSB (Lloyds) and the Royal Bank of Scotland (RBS) to reconsider recent moves restricting access to cash machines for their basic bank customers. The Chairman expressed concern that basic bank account customers may be prevented from using the majority of the UK’s free cash machine network.

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Giesecke & Devrient to Cease Banknote Printing Operation

Giesecke & Devrient (G&D) announced a restructuring of its BA International banknote printing operation and will cease printing banknotes by the end of 2012 subsequent to market demand. This is thanks in great part to the introduction of polymer banknotes, which significantly changes the local banknote market, as they are expected to last longer. Giesecke & Devrient remains committed to carrying on other business opportunities with the production and personalization of payment and ID card systems for the.

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sQuid & Travel Agency Partner on rewards smart card

Barrhead Travel travel agency made available its next generation rewards smartcard, based on sQuid’s world-leading technology. To offer a 5% cashback reward for any travel booking made, with additional discounts offered to existing sQuid account holders, the scheme will initially be piloted in Barrhead Travel’s Dundee store with a view to rolling it out across other branches in the near future. The contactless smartcard-based solution will be operated by sQuid, the digital payments network.

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QUORiON Introduces All-in-One POS System

QUORiON POS system manufacturer is set to unveil its “QTouch10” All-in-One POS system. The POS system will come with a touch screen, an integrated printer, and a graphic capable customer display in the back. Traditional POS systems always required the purchase of a receipt printer, an external customer display as well as procurement of POS software. Moreover, all of these extras necessitated installation, taxing a business owner’s resources even further. With a POS solution that has these devices fully integrated, these drawbacks no longer apply. The company also plans to offer its POS software pre-installed as standard. The company will continue to offer its QMP POS software with each product, as it reduces the learning curve for those already familiar with QUORiON POS systems.

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CorFire and Inside Secure Launch NFC

CorFire, the industry-leading mobile commerce business of SK C&C USA, and Inside Secure, a leader in semiconductor solutions for secure transactions and digital identity, announced an agreement that promises to accelerate the rollout of NFC applications by ensuring that INSIDE Secure’s portfolio of MicroRead and SecuRead NFC solutions, as well as its Open NFC protocol stack, are interoperable with “CorTSM,” CorFire’s trusted service manager (TSM) solution. INSIDE Secure’s award-winning MicroRead NFC controller offers the broadest range of NFC options and provides the capacity to implement any secure element, including SIM or SD card, to support any business model. The INSIDE Secure SecuRead solution integrates the MicroRead NFC controller with a high-performance secure element and a GlobalPlatform-compliant Java Card(TM) operating system.

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SoundBite Communications Earns Level 1 PCI Re-Certification

SoundBite Communications achieved its annual re-certification as a Level 1 Service Provider compliant with the PCI-DSS. SoundBite’s Level 1 PCI re-certification underscores the company’s commitment to information security and solidifies its reputation as an industry leader. This is the fourth consecutive year that SoundBite has achieved Level 1 certification for all sites. Earlier this year SoundBite had expanded its certification to include its London-area datacenter and UK-based operations.

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OTI Posts Revenues Down 19% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] On Track Innovations announced results for the third quarter and first nine months ended September 30, 2011. With this, it posted total revenues of $35.2M, down 19% from the $43.6M posted last year and revenues from Licensing and Transaction Fees up 42% to $4.0M from the year ago period of $2.8M.…

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MasterCard and Western Union Partner on e-Payments

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard and The Western Union Company forged their global agreement whereby electronic payments for prepaid cards and money transfers are more efficient and convenient, serving the 2.5 billion underserved adults worldwide. This makes MasterCard the preferred brand for Western Union-sponsored prepaid programs around the world and Western Union the preferred money…

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