Euronet Worldwide To Launch m-Payment

Euronet Worldwide global electronic payments provider is set to launch its “wipit” mobile payment service on the Google Android or Apple iOS smart phone app. The service provides consumers a single-click purchase on mobile ecommerce purchases, funded with a credit or debit card. While users can choose to link a credit card as their account payment method, the offering is focused on enabling cash-preferred consumers to participate in mobile payments and in-app purchases. Consumers download the “wipit” mobile app, establish their account, and utilize the store locator to find a convenient Euronet-enabled retail location to add funds to their account.

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Foregenix and Semafone Offer Call Center PCI

Foregenix and Semafone partnered to allow call center clients to reduce their PCI scope, risks and associated costs by removing cardholder data from the call center environment. Semafone lets customers enter data via their telephone keypad instead of speaking it over the phone to the call center agent while Foregenix information security specialist and its “FScout” cardholder data discovery solution provides clients unprotected “rogue” cardholder data in their business systems. Semafone will secure all future transactions by preventing cardholder data from entering the call center, while FScout will enable call centres to identify all historic cardholder data stored on their systems.

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SecuredPay Announces 2nd Patent Approved on Real-Time Payments

SecuredPay Solutions announced they have been issued their company’s 2nd U.S. Patent that covers Electronic Real-Time Payments on Wireless Mobile Devices. SecuredPay was formed to address real security concerns regarding who has access to a customer’s card data and how that data is stored. A merchant’s minimum standard should be to protect their customers’ identity”.SecuredPay was the first company to obtain PCI (“Payment Card Industry”) certification for SWIPE.

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CRE Secure Launches Shopping Cart Platform

CRE Secure cloud-based, secure payment solution for merchants has introduced to the market its “Loaded Commerce 6.5” open source shopping cart solution. Designed for the small to medium sized business merchant, the shopping cart is feature-rich and makes CRE Secure’s hosted payment page technology, HTML Clone, available to Loaded Commerce 6.5 shopping cart users. The “Loaded Commerce 6.5” offers a fully functional shopping cart platform, addressing PCI-DSS, and is equipped with added functionality including a robust content management system. The Loaded Commerce Content Director System introduces a new paradigm that seamlessly combines the advanced page management features of a content management system with Loaded Commerce’s comprehensive shopping cart application.

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Reliant Security to Feature the MPS Redbox Security Suite

Reliant Security, a leading provider of data-security software, hardware and services will be exhibiting at the NACS Show October 2-4 at McCormick Place in Chicago, IL. Reliant Security will feature the MPS Redbox at its exhibit (booth 7607), which simplifies the process for multi-site retail merchants to achieve and maintain compliance with the PCI DSS. Redbox virtualized, open platform provides the extensibility to support additional in-store systems, allowing merchants to deploy one Redbox appliance in a store to operate and support multiple applications.

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Google, PayPal, Citi and Visa lead payments debate

Google’s VP mobile wallet will join Managing Director Global Enterprise Payments at Citibank, Head of Mobile at Visa – and the new VP of mobile at PayPal to launch Google mobile wallet. A growing number of key retailers and ecommerce companies are also participating in The Open Mobile Summit this year – in particular, The Gap, Choice Hotels, 7 Eleven and HSN join the ‘Future of mobile shopping’ panel later that same day. Overall, more than 800 senior strategists from across converging mobile, Internet, media and commerce will gather this year for the 4th annual Open Mobile Summit, happening in San Francisco this November 2-4th.

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CreditCall Joins Development of PCI Security Standards

CreditCall payment services provider and transaction gateway joined the PCI Security Standards Council as Participating Organization, with which it will work to achieve and improve payment data security worldwide. With this, CreditCall adds its voice to the standards setting process and will receive previews of drafts of standards and supporting materials in order to provide feedback to shape their final versions, as well as engage a growing community of more than 600 organizations united to improve payment security.

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VietinBank To Issue its First JCB card

Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), one of the largest state-owned commercial banks in Vietnam and JCB International (JCBI), the international operations subsidiary of JCB, the only global payment brand based in Japan launched the “VietinBank-JCB Cremium” card. JCB and JCBI entered into the Vietnam market to expand JCB card acceptance in 1991. The “VietinBank-JCB Cremium” cards will be accepted at over 34,000 JCB merchants in Vietnam, as well as the worldwide acceptance of 18 million merchants globally through JCB’s merchant network located in 190 countries and territories. The card will be issued as both the Standard card (with a credit limit of 50 million dong) and the Gold card (with a credit limit from 50 to 300 million dong).

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High-Tech Bridge Joins PCI Security Standards Council

High-Tech Bridge SA (htbridge.ch), a leading Swiss information security company, has joined the PCI Security Standards Council as a new Participating Organization. High-Tech Bridge will work with the Council to achieve and improve payment data security worldwide through the ongoing development of the PCI Security Standards, including the Payment Card Industry Data Security Standard (PCI DSS), PIN Transaction Security (PTS) requirements and the Payment Application Data Security Standard (PA-DSS). With this, High-Tech Bridge adds its voice to the standards setting process and will receive previews of drafts of standards and supporting materials in order to provide feedback to shape their final versions, as well as engage a growing community of more than 600 organizations united to improve payment security.

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AMEX Partners Tencent

American Express is set to partner with Tencent Holdings to develop a way for users of Tencent’s online payments service to buy goods outside of China. Tencent Internet company faces competition from Alibaba and Baidu in processing online payments for consumers in China. American Express has a potential upside of 20.6% based on a current price of $47.87 and an average consensus analyst price target of $57.72.

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YES BANK Fores Strategic Banking Alliance with Indian Army

YES BANK signed an MoU with the Indian Army for the YES VIJAY Salary Account, designed exclusively to cater to the needs of the Army personnel. YES-VIJAY Salary Account will offer the Lifetime Unique Zero Balance Savings Account, Anywhere Banking at all branches on an online real-time basis, Free Supplementary Shopping-cum-ATM Card for Joint Account holders, Free Additional ATM Card for single account holders, Personal Loans & Salary Overdraft & Education Loans at concessional rates amongst a host of other benefits. Army personnel will also be able to gain from YES BANK’s Wealth Advisory Services through a dedicated Financial Advisor, who will be a one point contact for all financial services needs including banking, investments and insurance and other special needs.

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