New York MTA Selects VeriFone Bus Tracking

The Metropolitan Transportation Authority (MTA) awarded a four-year, $6.9 million contract to VeriFone Systems, for delivery, installation, and warranty and maintenance services for 1,000 “TransitPAY” systems to provide real-time bus information to customers on Staten Island buses. With this, VeriFone will provide ruggedized on-bus hardware, software development, project management, installation, and warranty and maintenance services across Staten Island’s fleet of buses. The “TransitPAY” solution from VeriFone enables bus tracking via real-time information, with the added benefit of supporting future fare payment applications across a common “open standards” hardware platform.

Details

BB&T to Deploy 100 more Diebold ATMs

BB&T Corporation is set to deploy 100 Diebold “Opteva” ATMs in its self-service network. Featuring touch-screen capabilities for ease of use and PIN pad shields for enhanced user privacy, the ATMs will be installed at numerous branch and off-premise locations throughout nine states and will also provide maintenance and support services. The ATM models feature touch-screen capabilities and are designed to improve customer experiences at the ATM. With it, the PIN pad shields on the new ATMs will also improve user experiences by enhancing security and mitigating fraud, guarding against shoulder surfing. BB&T will also utilize two weather-resistive cash dispensers in the bank’s new disaster recovery and special events mobile unit.

Details

Retail Pro & HP Partner, Offer Retailers Bundle Solution

Retail Pro International deployed its joint program with HP to deliver a total technology solution to retailers and bundling their products. With a focus on delivering flexible, scalable and proven retail solutions both HP and Retail Pro are known for, the partnership will help retailers gain greater insight and control into their operations efficiently and cost-effectively. Running on specifically designed for retail HP hardware and peripherals built to withstand the demands of the retail environment, Retail Pro’s scalable and highly customizable point of sale software offers retailers the agility to operate their business the way they want. No matter how big or small, every retailer now has a manageable, easy-to-use single solution that can be scaled to their store operations, custom tailored for a complete fit to merchant’s requirements and, more importantly, grow right along with them.

Details

Research and Markets Intros NFC Market Forecast to 2016

Research and Markets announced the addition of the “Near Field Communications (NFC) Markets: Challenges, Opportunities, and Market Forecast to 2016” report to their offering. Near Field Communications based on RFID technology that utilizes a reader/tag for two-way communication between two items and is integrated with many devices and may be employed for various purposes and applications including mobile commerce, mobile marketing/advertising, identification/security, and more. The report is targeting NFC suppliers; Mobile network operators; Mobile commerce application providers; Mobile marketing and commerce vendors; Manufacturers, merchants, and advertisers.

Details

First Annapolis Publishes Mobile P2P Payments Study

First Annapolis released its 2011 Mobile Person-to-Person (P2P) Payments Study, a detailed reports on the leading mobile P2P solutions currently available in the U.S. market and draws on content and analysis from first-person tests as well as other analysis of the services’ capabilities. The report provides a view of the evolution of the mobile P2P ecosystem, and reveals three key themes required for competitive platforms within today’s environment: Scalable Adoption; and Simplicity and Ease of Use Mobile Wallet Integration. Broad adoption of P2P payments will require significant work to establish these products as socially acceptable methods of payment, which service providers are addressing with funding source and destination-agnostic approaches. The study indicates that most providers support multiple mobile channels, but few support them all.

Details

Allsup’s Convenience Stores Implement Reliant Security

Reliant Security data security software, hardware and services for retail merchants, reported strong company growth, client adoption and corporate expansion in the first half of 2011. Reliant Security provides an integrated product and services platform for merchants with multi-site retail locations to meet data security control objectives, including requirements for the PCI DSS. After triple-digit growth in 2010, the company has continued to see strong sales in the first half of 2011, contracting with multi-site retail merchants that represent over 4000 retail locations.

Details

Online Payment Set to Hit $2,700 billion in 2015

The online payments market will increase from $740 billion in 2010 to $2,700 billion in 2015, according to a new report available on companiesandmarkets.com. The alternate payment market includes online, mobile and contactless segments. The alternate payments industry comprising online, mobile and contactless segments will post a CAGR of 17.6% over the period 2010 to 2015. The largest revenue generating segment of the advanced payments industry is the online payment segment. The various industry drivers include increasing internet penetration rates, increasing fixed and mobile broadband subscriptions, ecommerce volumes, smartphone shipments, and smartphone penetration rates. NFC will emerge as the de facto industry standard for conducting mobile payment transactions within the next couple of years.

Details

Contis invests GBP2mm in pre-paid card program

Contis Group online banking and prepaid card technologies and services to major global banking and retail brands, has committed to the prepaid card market by commencing an investment program of GBP2million. The investment will ensure Contis is best positioned to take advantage of developments in payment processing and the advancements in cloud computing and SMART phone technology. The end-to-end service provider in the prepaid card industry offers payments technology commissioned by banks, retailers and financial services giants.

Details

sQuid launch online restaurant pre-ordering/pre-pay

sQuid the ePayments provider has launched a new product that enables customers to pre-order food, drink and other products and services online. Online payments combined with loyalty enable a compelling proposition for scheme operators and consumers alike. Catering staff upload menu items easily to their own dedicated web page, where customers can pre-order online. Customer purchases are automatically printed on a compact printer in the kitchen, the food is prepared with customers collecting their orders during their lunch breaks.

Details

SoundBite Communications Level 1 PCI DSS Certified

SoundBite Communications extended its certification as a Level 1 service provider, compliant with PCI DSS to include its datacenter and UK-based operations, the highest level of scrutiny available for PCI-compliant organizations. With PCI DSS certification in Europe, SoundBite provides fully-secure services to European partners and clients in financial services, telecommunications, retail, utilities and other industries. SoundBite expanded its global presence in 2010 by establishing a wholly-owned subsidiary in the UK.

Details

FNDS3000 CORP EXECUTIVE SPEAKING at PAYMENTS Conference

FNDS3000 Corp international prepaid processing company currently introducing electronic payment solutions to the South African market, announced that Robert Klein, Country CEO South Africa, is scheduled to be a speaker at “Payments – Southern African Conference and Exhibition.” The conference will take place on August 2 – 4, 2011, at the Emperors Palace, Kempton Park in Johannesburg, South Africa. The three day conference will feature over 30 speakers, 10 panelists and case studies focusing on the challenges and opportunities in the Southern African Development Community “payment industry” landscape. Topics will include payment innovation, payment instruments such as cash, checks, cards and mobile, payment integration and regulation, compliance and risk. Mr. Klein has been invited to lead the discussion on the topic – “Prepaid Cards – a global phenomenon.”

Details

Corporate Use of Prepaid Cards to Explode

VRL Financial News Cards International and Electronic Payments International information services will be releasing exclusive research at Prepaid Summit: Europe 2011 to analyse the benefits of prepaid cards in the workplace. VRL Financial News market intelligence in financial services commissioned the research, which will be carried out by TNS, to better understand how employers can effectively execute prepaid cards in a corporate environment. The summit will analyse how the new payments landscape is emerging, and why prepaid programmes have a vital role in meeting the evolving needs of the consumer. The prepaid cards are also taking off in Eastern Europe where they are being used as a cost effective alternative to debit cards.

Details