NetLogic Microsystems Begins Shipments Multi-Core Processor

NetLogic Microsystems high-performance intelligent semiconductor solutions for next-generation Internet networks has started revenue shipments for its recently introduced XLP multi-core processors into the communications control plane market, which is estimated at approximately $1.5 billion. The control plane processing application represents a new market for NetLogic Microsystems’ XLP family of multi-core processors as previous generations of XLR(R) and XLS(R) families of processors were primarily targeted at the data plane processing market. The XLP multi-core processor is specifically designed with a best-in-class communications processor architecture supporting quad-issue, superscalar out-of-order execution, floating point processing, sophisticated branch handling and large on-chip caching. With this, 80% of NetLogic Microsystems’ leading customers are already actively designing with the XLP multi-core processors.

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FISC Solutions Appoints New President & CEO

Jerry Blodgett has been appointed President and CEO with FISC Solutions. To oversee strategic growth and business activities, Jerry will leverage FISC’s resources to provide customers secure, efficient back office solutions. He will focus on growing FISC’s position as a leading provider of remittance lockbox, caging and data entry services. Bringing with him more than 35 years of experience in the payments and financial services industry, specifically in sales, marketing and product development, Jerry has authored several payments industry articles published in American Banker, Bank Technology News and Advanced Imaging Magazine. Jerry received a Bachelor of Science degree in Agriculture and Resource Economics, as well as a Masters of Business Administration degree with a major in Business Administration, from the University of Maine, Orono.

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Marine Bank Expands Relationship with CSI

Springfield-Ill.-based Marine Bank and two affiliate banks, United Community Bank, Oakwood and Schuyler State Bank, Rushville, have signed a multi-year contract with Computer Services, for the full suite of CSI products and services, including core processing, item processing, card services and risk management solutions. Marine Bank ($580 million in assets) has been a CSI customer for two decades – a testament to both the service provider’s technology and customer service. The “NuPoint Portal” is a comprehensive core banking suite delivered via service bureau and supported by solution customization and training. By leveraging CSI’s infrastructure, resources and expertise, the banks eliminate the investments in hardware, software, and people associated with in-house systems; CSI Item Processing Solutions includes branch capture, remote deposit capture and complete mailing services including statement and notice rendering; CSI Card Processing is online/fully integrated solution to CSI NuPoint, including ATM terminal driving, 7/24 monitoring, fraud prevention and card access to regional and national networks; Risk Management Solutions, which includes iMonitor, a fraud prevention solution that detects potential money laundering by monitoring customers, accounts and transactions to identify high risk customers and electronically report suspicious activity.

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Advanced Content Services Changes Name, Business Model

Advanced Content Services is restructuring its business to include name, ticker and business model change. The Company’s new name is MBN Holdings, Inc. and will become a holding company for unique businesses that have significant upside potential. Additionally all paperwork has been filed for the Company regarding name change, business forms with the state of Nevada and with OTC Markets. This is in response to research indicating network-branded prepaid card industry will grow from $1.63 billion in 2008 to $5.91 billion by 2014, an increase of 263%. The ServeNation card is a general purpose, reloadable Debit Card in which the program Manager, on behalf of the consumer, donates a fixed amount per transaction to the consumer’s chosen charity or non-profit.

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poLight Selects SVTC Technologies as Actuator Partner

poLight has entered a partnership agreement with SVTC Technologies transistors, microfluidics, MEMS, photovoltaics and other nanotechnologies. This agreement will enable poLight to reach an optimized production process in order to meet large volume customer demand. poLight’s TLens (Tunable Lens) offers camera module makers next generation actuators based on an innovative patented optical polymer technology that will continue to improve performance while driving the overall cost further down. poLight TLens products can easily be integrated into low- to high-end camera modules, both barrel and cube, aimed for the Mobile Phone Industry. poLight’s technology brings superior key features compared to the traditional VCM (Voice Coil Motor) solutions. With its low foot print (less than 3,0 x 3,0 mm), very low power consumption (reducing by half the camera module system power consumption) and extremely high speed (

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UAE Exchange Introduces Range of Remittance Promos

UAE Exchange is kicking off its range of promotions, which include generic ones like Money Majlis and community-specific ones like “Onasowbhagyam” for the Keralite community from India, “Bak Maha Wasana” for the Sri Lankan community, “Bijoy Utsav” for the Bangladeshi community and “Jashan-e-Bahara” for the Pakistani community to name a few. They have rewarded customers grand prizes such as villas, flats, foreign tour packages, luxury cars, LCD TVs, electronic items, gold coins and cash prize worth millions of dirhams.

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Ingenico Introduces POS Terminal App

Ingenico payment solutions developed its “Interactive Messaging System” application, transforming the POS terminal into a two-way communication device between the bank and the merchant, is put into practice with Is Bank. With this, Is Bank can directly deliver marketing and campaign announcements for merchants through Ingenico POS terminals. The Ingenico “Interactive Messaging System” POS terminals can implement marketing campaigns, surveys, videos, and promotional offers. The Ingenico “Interactive Messaging System” was developed exclusively for Turkish banking and card payment systems. Is Bank has the capability to determine and report the number of merchants interested in the campaign online by using the Interactive Messaging System. As a result, the campaign information process, which was done through different channels, can now also be done by Ingenico POS terminals in a much faster and cheaper way.

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Trunkbow Partnership Extends China Unicom Network

Trunkbow International Mobile Payment Solutions and Mobile Value Added Solutions in China has extended its MPS cooperation with China Unicom through the deployment of its terminal-based MPS platform. Now total MPS installed base extends to 23 provinces through China Unicom and China Telecom. This platform will be used for both payment processing and employee and student identification, with Trunkbow to receive revenue based on a percentage of each user’s monthly phone bill. Trunkbow expects to complete the implementation of this platform on China Unicom’s Hubei network in the third quarter of 2011 and expects to recognize initial revenue from the deployment in the fourth quarter of 2011 or the first quarter of 2012.

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Contis launches smartphone gift card

Retailers, restaurants, hotels and all manner of leisure outlets can get smarter about maximising return on their gift card and voucher schemes as card solutions provider Contis launches the UK’s most advanced smartphone gift card platform. The smartphone gift card programs operate on the Contis dynamic payment processing platform, each of which is designed to suit the individual requirements and goals of the client. The smartphone gift cards operate in the same way as a traditional gift or prepaid card scheme with the added advantages of being instant, more flexible, easier to administrate and extremely cost-effective. The smartphone gift cards can seamlessly integrate into a ‘traditional’ gift card program or operate as a stand-alone scheme. Gift cards can be bought and sent in seconds via a smartphone and redeemed in store or online and funds are secure even if a phone is lost or stolen.

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RBA addresses eftpos/card surcharging regulatory framework

The regulatory framework includes the Standard, The Setting of Interchange Fees in the EFTPOS System (‘interchange fees Standard’) and the Access Regime for the EFTPOS System. Much of the current regulatory framework was put in place prior to the establishment of the new management structure for the eftpos system under eftpos Payments Australia Limited (ePAL). The framework, therefore, did not anticipate the changed governance arrangements for the eftpos system or the possibility of a change in the structure of interchange fees. It also did not anticipate the move to new industry network arrangements under the Community of Interest Network (COIN). The Bank initiated a public consultation on potential changes to its Standards on payment card surcharging. It received a large number of submissions from interested parties and during July and August met with many of those that made submissions. The Board discussed the various views put forward during consultation at its August meeting and will consider further the surcharging Standards at its next meeting in November.

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Swedbank Deploys Global Gemalto ID Management

Gemalto announced Swedbank is deploying its “Protiva” corporate solution across its organization, offering a single global identity management system to provide better access protection for networks and cloud resources.The “Protiva” solution is part of Gemalto’s cloud computing security offer and will secure access to data networks and physical access for 20,000 employees. Implemented initially in Sweden, the solution is being deployed across the Baltic countries, as well as in a number of smaller representative offices internationally. Gemalto is providing Swedbank with the Protiva converged badge solution based on PKI1, a proven technology for secure online identity authentication.

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IronKey 2Q/11 Sees Bookings Up 70% Q/Q

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] IronKey data security and online access saw growth in 2Q/11 with bookings up 70% quarter-over-quarter thanks to high demand for its Trusted Access secure browsing products. Market developments and IronKey advancements include New Federal Finance Institutions Examination Council (FFIEC) guidelines with a January 2012 deadline call for stronger, layered online banking…

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