C-Sam and Multicard Deploy mobile payment solution

C-SAM and Multicard have finalized a partnership to provide C-SAM’s Mobile Transaction Platform (MTP) and related M-Commerce and M-Payments services to Multicard’s customers. C-SAM is a pioneer in secure mobile transactions offering a range of mobile phone based financial and non-financial services for consumers to securely conduct transactions in the real and virtual environments using their existing smart and feature mobile phones and networks. The Company’s patented MTP enables carriers, banks, and service providers to deliver secure mobile phone based transaction services for finance, retail, healthcare and government applications.

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RWE, INSYS icom and Cinterion Win 2011 Connected Award

RWE Effizienz GmbH, a leading European provider for intelligent system solutions for electric vehicle charging facilities, INSYS icom, a leading industrial data communications specialist, and Cinterion, the global leader in M2M communications modules and a Gemalto company, announced winning the Connected World Magazine’s prestigious Value Chain Award for the RWE Smart-Station eCar charging infrastructure. The Value Chain Award honors the most successful corporate adopters of M2M technology and the solution providers that make their success possible. RWE’s Smart-Station provides convenient charging for electric vehicles at six times the speed of traditional electric outlets, and three times faster than competing charging stations. The INSYS icom M2M controller powered by Cinterion’s award-winning TC63i M2M module automatically facilitates all refueling tasks and data communications including vehicle authentication and authorization, charging activation, meter reading, billing and consumer communications. RWE Smart-Stations are currently being deployed throughout Europe in public spaces, parking lots and at customers’ homes and businesses.

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Serverside card customisation patent Endorsed by EU

Serverside Group, having been subject to a challenge in opposition proceedings, has been maintained without amendments to the claims in an oral hearing by the European Patent Office. A written decision is expected imminently. The Company’s first patent to come to grant was opposed by Gemalto, which dropped its participation and took a major investment in Serverside in 2009, and Dimpledough, currently defending a multiple patent suit claim from Serverside. The endorsement from the European Patent Office of Serverside’s earliest patent family follows a rigorous testing of the patent validity.

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McDonald’s Canada Launches Contactless Payment

McDonald’s of Canada and MasterCard Canada launched MasterCard “PayPass” contactless payment technology at participating McDonald’s restaurant locations. With this, PayPass POS payment terminals have been installed at more than 1,400 McDonald’s restaurants across the country, giving patrons the option to simply tap-and-go to make their purchases. Consumers with a PayPass-enabled MasterCard credit card or mobile phone can quickly and securely pay for their purchases with a simple tap of their card or phone on a PayPass point-of-sale payment terminal.

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Trevica implements new card platform

TREVICA payment processing has successfully launched the multi-institution card issuing and acquiring platform WAY4 from OpenWay to get a jump-start on the competitive card market. With WAY4 TREVICA plans to become a strong rival to well-known card processing players in providing both traditional payment processing services and advanced value-added services, such as 3-D Secure Internet payment processing and real-time risk management.

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JUNE CONSUMER BANKRUPTCY UP 4% M/M, 1H/11 FILINGS DOWN 6%

June 2011 filings interrupted the downward trend in consumer bankruptcies, having jumped 4% from the May 2011 consumer bankruptcy total of 114,803 filings to 119,768, 5% greater than the year ago figure of 126,270 filings. Chapter 13 filings, meanwhile, also surged slightly 1% from the May figure to 28% in June. However, for the entire first half of the year, U.S. consumer bankruptcy filings painted a different picture, dropping 8% from the year ago figure to 709,303 since January 2011, according to the American Bankruptcy Institute (ABI), relying on data from the National Bankruptcy Research Center (NBKRC). The ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency.

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ProPay Appoints New President, COO

Greg Pesci has been appointed President and Chief Operating Officer with ProPay merchant services, payment security, credit card processing, and mobile payment services. Having served as ProPay’s Chief Operating Officer over the past two years, Pesci continued to grow revenues in a down economy and has substantially increased its earnings and initiated key steps in global payment strategy and secure social mobile payments strategy (Social M-Payments)”a new technology that was the First Place Winner of the 2011 ETA Technology Showcase Challenge. He brings to the role more than 12 years’ total experience in the financial institution and payments arena after having served as Associate General Counsel and Senior VP, Product Development for Merrick Bank Corporation and Counsel in the Patent Division for Procter & Gamble.

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Chase Sapphire Launches Five-City Golf Experience Program

Chase Card Services announced the Chase Sapphire 2011 Golf Experience Program for Chase Sapphire cardmembers, hosted by champion professional golfer Stewart Cink. Through Chase Ultimate Rewards, Chase Sapphire cardmembers have the opportunity to participate in unique golf experiences with Cink using their credit card rewards points. Cardmember experience packages include a walking clinic with Cink, swing analysis using V1 Golf video technology, advice from professional Callaway golf instructors, rounds of golf at some of America’s most prestigious courses and a chance to challenge Cink in a “closest to pin” contest. They are to take place in Dallas; Philadelphia; Chicago; Atlanta; and Los Angeles. Cink won the British Open (2009), finished in the top three in each of the other three Major championships (The Masters, U.S. Open and PGA Championship) and notched six wins on the PGA TOUR.

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Bankers’ Bank of the West Chooses First Data Internet Banking

Bankers’ Bank of the West has selected First Data electronic commerce and payment processing as a preferred Internet banking provider. This will allow Bankers’ Bank of the West’s community bank clients to offer services to both retail and business customers through an interface that creates the feeling of a true virtual branch. Based in Denver, Bankers’ Bank of the West serves more than 300 community bank clients in 11 states in the Rocky Mountain, Great Plains and Western states regions and incidentally works with First Data for debit processing services, including access to the STAR Network.

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Consult Hyperion joins Smart Card Alliance

Consult Hyperion independent consultancy which specializes in the field of secure transactions in contactless smart cards and mobile devices has joined the Smart Card Alliance. The not-for-profit group comprised of over 180 global members that stimulates the adoption of smartcard technology in the U.S and Latin America will allow Consult Hyperion to increase its visibility and further develop relationships with industry players after seeing an increased demand for its specialist expertise for supporting large scale smartcard implementations for governments, banks and telecommunication providers. In addition, the Company has attended Smart Card Alliance events in the past and found them extremely informative and met excellent people working in the American markets.

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Citi Renews Office Depot Private Label Card Partnership

Citi announced a multi-year renewal of its long-standing U.S. private label credit card partnership with Office Depot, celebrating 25 years as a leading global provider of office supplies and services. Retail Partner Cards provides consumer and commercial credit card products and services, including private label credit cards, for national and regional retailers across the U.S. The business services nearly 90 million accounts and consists of managed assets of approximately $45 billion.

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