Acumatica Releases Latest Cloud Software

Acumatica released the latest version of its Cloud ERP software that includes several customer driven enhancements such as automated bank reconciliation, inventory allocation by sales order, expanded replenishment algorithms and flexible payment remittance. Cloud and on-premise customers can choose to install these updates at a time that is convenient to them.Acumatica 2.2 includes changes and updates to the financial, distribution, and customer management modules. Many features were implemented based on customer requests while others were built to expand the reach of Acumatica in the wholesale distribution, manufacturing, retail, and service industry verticals. The changes were built using the Acumatica web development platform to ensure compatibility with existing security settings, reporting capabilities, customizations, and third party modules.

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Lexcel Offers Automated Network Testing

Lexcel Solutions debit payment testing applications for the financial industry is set to aid debit card issuers and marketplace payment providers in lieu of the Durbin Amendment. The amendment requires banks with assets of $10 billion or larger to certify with two unaffiliated debit card networks by October 1, which will require issuing banks time, effort and resources to accomplish the certification process and a fee cap of 21 cents per debit transaction. Lexcel has updated its Lexcel Network Simulator with all payment network rules and transaction types to accommodate automated debit network testing demands and reduce the time to certify and connect with additional networks.

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Zappar Launches In-Store POS & Reality App

Zappar launched its POS development that will bring videogame characters and other 3D objects to life, simply by looking at the products promotional materials through an iPhone or Android device, pioneering the future of in-store retail & exhibitions. Zappar POS will be launched exclusively at the world largest gaming event, GAMESCOM Expo, in Cologne 17th to 21st August 2011, promoting the videogame All Zombies Must Die! in partnership with games developer and distributor, doublesix. Zappar bridges the gap between the physical and the digital and takes the lead by introducing a whole new way of thinking about in-store POS, marketing signage & exhibition promotions by turning them into entertainment channels in their own right.

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PYDS Posts 2Q/11 Revenue Up $150K

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Payment Data Systems integrated electronic payments solutions released its results for 2Q/11, reflecting a revenue increase to $768,359 from the year ago quarter of $604,184, thanks to higher transaction growth. The operating loss for the quarter ended June 30, 2011 was $169,084 compared to operating loss of $152,338 for the second…

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AmEx Global Business Travel to Showcase Latest Technology

American Express Global Business Travel is returning to the 43rd Annual Global Business Travel Association Convention. Attendees will have the opportunity to share their travel stories at the booth and watch as those stories are transformed into images by a visual artist. Also on display will be demonstrations of new technology and innovations provided as an integral part of the TMCs offering with servicing capabilities online, off-line and on-the-go. American Express Global Business Travel, a division of American Express Company, is a global industry leader in business travel and meetings management committed to helping businesses succeed through cost-effective program management, world-class customer service, and enhanced traveler productivity and support worldwide.

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Apriva 2Q/11 Processing Totals $1.76B

Apriva end-to-end wireless transactions and secure information solutions’ POS gateway processed transactions of over $1.76 billion in 2Q/11 alone. This decimates the $1.53 billion total from 1Q/11, from which the current figure grew 15% after processing an average of $20 million in transactions daily. The AprivaPay full-featured payment application is designed for both smartphones and browser-based mobile phones. AprivaPay offers integration with more optional printers/card readers than any other payment application provider, giving our merchant customers more choices of platforms and accessories.

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TNS Primed For EMV Migration

With Visa taking steps to accelerate the migration to EMV in the United States, Transaction Network Services, enabling EMV migrations in other regions around the globe, is fully equipped to assist merchants, acquirers, and other payment service providers as they begin the process in the United States. TNS’ innovation with deploying and supporting EMV also extends into the payment and ATM processing arena. Its UK cardholder present payment processing service, now branded as TNSPay Retail, was the first solution in the world to achieve global EMV accreditation from MasterCard for a generic Chip & PIN software solution. In the ATM market, TNS was one of the driving forces in working with UK processing partners to enable EMV card acceptance at ATMs.

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TestLink ATM Solutions Implements Diagnostics Software

TestLink Global ATM solutions is implementing NCR ATM “ATMdesk” diagnostics software for engineers and service providers. The “ATMdesk” from TestLink sets out to make the everyday task of NCR ATM maintenance easier, faster and more cost effective than ever. The low-cost stand alone diagnostic software for NCR 56xx, Easypoint (53xx), Personas (58xx) and SelfServ (66xx) ATMs replaces NCR ATM hardware diagnostics securely, simply and cost effectively. The software boots directly from a removable Linux disk (floppy, flash or CD) – leaving no trace within the ATM. Different products to suit their diverse needs include ATMdesk/2 for NCR 56xx and Personas 58xx ATMs; ATMdesk/S for SelfServ 66xx ATMs; ATMdesk/Pro for NCR 56xx, Personas 58xx and SelfServ 66xx; ATMdesk/Repair for workshops repairing NCR ATM modules; ATMdesk/Remote for remote ATM diagnostics; and ATMdesk/Demo for evaluation on NCR 56xx, Personas 58xx and SelfServ 66xx.

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NCR Offers ATM Availability to Mid-Sized and Community Banks

NCR Corporation launched its “Total ATM Services” managed services bundle for mid-sized and community banks and credit unions. The “Total ATM Services” allows the improvement of availability and security of the ATM environment while reducing operational costs and provides a single point of accountability for ATM network availability. NCR supports the network from both an operational and a management perspective by supplying a suite of services that constantly monitors the network, proactively fixing issues before outages occur and protecting the ATM environment from unwanted threats. The Total ATM Services bundle includes Incident Management, which provides advanced analytics for ATM monitoring and can provide double-digit cost reduction through more informed decision making; Predictive Services, which anticipates issues before they happen and proactively schedules fixes to maximize uptime; and the End-Point Security Services suite, which ensures that critical software patches are deployed to ATMs and provides day-zero protection against all known and unknown malware by preventing unauthorized code updates and execution.

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EPX Outsourced Tokenization Reduce PCI DSS Scope

Electronic Payment Exchange (EPX) payment processor, featuring payment data tokenization, announced PCI-DSS Tokenization Guidelines released on August 12 affirm that EPX’s free, outsourced tokenization solutions can eliminate the scope of PCI compliance for merchants. As a global payment processing organization providing hosted services that use both tokenization and end-to-end encryption, EPX enables merchants to eliminate cardholder data storage, processing, and transmission by outsourcing their payment processing and the related storage of cardholder data. Using encrypting cardholder data reading devices at the point of swipe, EPX prevents merchants from possessing unencrypted cardholder data at the initiation of a transaction.

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GTCR Acquires BankServ

GTCR has agreed to acquire a majority stake in BServ SaaS provider offering financial services and banking technology that facilitates electronic corporate payments and bank-to-bank payment transactions. The Company offers Fedwire processing, SWIFT messaging, remote deposit capture, mobile and online payment processing technology and services for financial institutions and corporations. BankServ has completed a number of successful acquisitions and has earned a strong reputation in the market by providing leading software and technology solutions combined with high quality customer service.

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