German Agency Launches Citi Cashless Pilot

The Technical Relief Agency of the German government started a pilot project in the area of procurement with Citigroup Global Transaction Services (GTS) to increase its payment mechanism efficiency. With this, the procurement cards were issued to local relief workers, allowing them to purchase at local THW providers without using cash. The THW plans to maximize the number of cashless local purchases over the medium term. Payment via a procurement card enables the agency to record purchases automatically and centrally analyze them. If the pilot project is successful, the THW plans to roll out the cooperation nationwide to all 668 local branches in Germany.

Details

Western Union Completes Travelex Payments Acquisition

The Western Union Company has completed the acquisition of Travelex Global Business Payments. The combined business will offer its more than 95,000 business clients – mostly small and medium-sized enterprises (SMEs) – immediate scale and expanded global reach in the estimated $24-billion international SME cross-border business payments market. Business customers are able to send cross-border payments in over 140 currencies from 18 countries, with more countries to be added in 2012. Western Union plans to integrate Travelex Global Business Payments into the Business Solutions division in the coming months, which adds over 1,000 new employees, bringing global employment for the Fortune 500 company to over 8,000.

Details

IT Governance Demos PCI DSS classroom and online training

IT Governance PCI and information security training provider is offering its PCI Foundation Training Course, allowing organisations to kick-start PCI compliance project before the end of 2011 . Delegates, who book onto the December course, will save GBP100 and receive a free single user PCI e-learning license and can sample the effectiveness of using e-learning to deliver the mandatory PCI staff awareness training. IT Governance also offers a PCI DSS Online Staff Awareness Course. This e-learning course is designed to increase employees’ awareness of the PCI DSS requirements, and to provide clear and simple explanations of what companies and individual employees must do to meet the requirements of the current version (v2.0) of the Standard.

Details

Ingenico Touts Mobile POS Solution

Ingenico payment solutions is making leaps and bounds with its “iSMP” m-POS solution. Used in conjunction with an iPod touch or an iPhone, the “iSMP” device can be turned into an EMV Chip & PIN secure payment solution for a unique Smart m-POS. The pocket sized payment solution accepts EMV chip & PIN, magstripe and contactless payment cards and is equipped with an advanced 1D/2D barcode reader and MFI certified, the iSMP can be perfectly integrated with an iPod touch or an iPhone 4 or 4S. iSMP is, by design, compatible with Ingenico’s global portfolio of certified payment applications, thus giving the solution a unique instantaneous global reach.

Details

Oberthur Technologies to Supply e-Driving Licences

Bangladesh Road Transport Authority (BRTA) selected Oberthur Technologies to deliver secure and anti-counterfeiting electronic driving licenses nationally. For this, Oberthur Technologies partnered TigerIT on this project to offer a biometric highly secure solution and will provide the smart cards while TigerIT will supply the enrolment solution, Oracle SOA based CMS, personalization system and the AFIS. Driving licence cards supplied by Oberthur Technologies to the BRTA will be produced with a long life plastic composite based on PETF material and will include a high resolution colour photo of the driver, fingerprints, signature, among other data. Additional features include rainbow printing, guilloches, micro-text, colour-shifting ink, and invisible UV fluorescent ink.

Details

October Consumer Confidence Up First Time Since January

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Consumer confidence on the Discover U.S. Spending Monitor was up 2 points to 79.0% in October thanks to improving personal finances, as fewer felt the economy and their finances getting worse. This is the first positive movement seen on the Confidence Index since January as 14% of consumers felt economic conditions…

Details

Visa Improves Small Biz Discount Program

Visa expanded its “SavingsEdge” program for automatic discounts on qualifying small business expenses, which now includes more than 1,600 financial institutions and 39 participating merchants and is now available to 24 million eligible small business account holders in the U.S. Participation in the program is free for Visa small business account holders. Visa “SavingsEdge” automatically processes discounts on small businesses’ qualifying purchases in the form of a statement credit, and provides program performance reporting for merchants. The program provides financial institutions and participating merchants an opportunity to create stronger relationships with their customers.

Details

J.P. MORGAN CARDS RECOGNIZE COMMERCIAL CLIENT LEADERS

J.P. Morgan’s Commercial Card Solutions unit has recognized a number of its clients for industry leadership. Among the clients to receive its 2011 J.P. Morgan “Commercial Card Awards,” include the 2011 Lifetime Achievement Award to Marriott International; the 2011 Commercial Card Best Practices Award went to P.F. Chang’s; the 2011 Commercial Card Expansion Award went to ING Insurance U.S. ; the 2011 Commercial Card Strategic Partnership Award went to Zep Inc; and the 2011 Order-to-Pay Expertise Award went to Coca-Cola Refreshments (CCR) for improving both the effectiveness and efficiency of its overall payables processes.

Details

GCA to Acquire Assets of MCA Processing

Global Cash Access inked agreements to acquire the assets of MCA Processing, a provider of ATM, debit card, and credit card cash access services to gaming establishments and also manufactures, sells, licenses and services redemption kiosk devices. The acquired assets include MCA’s portfolio of cash access and redemption kiosk maintenance contracts, including cash access service contracts with Caesars Entertainment for its Nevada, Atlantic City and certain Pennsylvania properties.

Details

DataMotion Implements State Email Encryption

DataMotion email encryption and workflow solutions announced its SecureMail technology is now available for state and local government agencies that need to exchange, track and report sensitive information quickly and securely with other agencies, municipalities and private citizens. The agency turned to DataMotion SecureMail to enable secure electronic delivery of the reports, significantly reducing the cost of production. The cost-effective service works with legacy systems to protect messages sent between state and local government agencies, affiliated organizations and their citizens.

Details