ID TECH & CHARGE ANYWHERE Forge m-EMV JV

ID TECH payment hardware solutions and CHARGE Anywhere secure mobile payment applications and payment gateway services announced their JV to launch a CHIP and PIN payment acceptance solution for mobile device platforms. The cutting edge solution will incorporate CHARGE Anywhere’s award-winning PA DSS payment applications and PCI DSS Level 1 payment gateway with ID TECH’s trusted, innovative PCI secure PIN entry and EMV smart card reader technologies. Together, ID TECH and CHARGE Anywhere will create an all-in-one payment solution that will enable EMV CHIP/PIN, magnetic stripe, PIN debit transactions and print receipts to support all major mobile devices operating systems. With ID TECH’s MagStripe and CHIP & PIN capabilities this new solution, targeted for worldwide distribution, will empower EMV card payments and any other method of payment on mobile platforms such as, Android, Apple and BlackBerry.

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Starmount To Present On m-POS & Retail Customer Engagement

Starmount is set to present its “Moving Beyond Transactions to Interactions with Mobile Solutions” to focus on how retailers can move beyond mobile POS to empower stores associates with richer information and deliver a more personal shopping experience inside the store. Starmount’s “Engage” mobile selling assistant is helping transform the way retailers interact with customers at the point-of-sale. The “Engage” solution provides store associates full transaction capabilities to assist customers without leaving their side to facilitate up-selling.

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FIFTH THIRD PROCESSING & NAFCU RENEW PARTNERSHIP

NAFCU Services Corporation, a wholly owned subsidiary of the National Association of Federal Credit Unions, has extended an agreement with Fifth Third Processing Solutions as its exclusive preferred partner for electronic funds transfer (EFT) services including ATM and debit card processing, terminal driving, network gateway transaction processing and credit card processing and servicing. Fifth Third Processing Solutions, LLC delivers innovative payment transaction processing and acceptance solutions to create and support complex payment strategies for merchants, businesses, and financial institutions around the world.

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DATAPIPE Deploys Tripwire CLOUD OFFERING

Datapipe managed services and infrastructure for IT and cloud computing has selected “Secured” by Tripwire IT security and compliance automation solutions. Datapipe is adopting Secured by Tripwire to ensure and sustain continuous compliance with the PCI DSS across both community and private clouds. The “Secured” by Tripwire solution is a cost effective cloud security solution for cloud and managed service providers, enabling them to provide customers with Tripwire’s comprehensive suite of managed compliance and security services. Datapipe can incorporate Secured by Tripwire into its existing PCI package, augmenting it with continuous file integrity monitoring, compliance and security in the cloud and without significant price increases.

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Trustwave Releases Supplement to 2011 Global Security Report

Trustwave information security and compliance solutions released its “Payment Card Trends and Risks for Small Merchants” supplement to its 2011 Global Security Report. The report highlights that approximately 90 percent of compromises occur in Level 4 merchant environments. While the risk to small business is clear, this population has been slow to validate compliance with the PCI DSS. The report demonstrates that for these reasons acquirers and ISOs are encouraged to implement PCI DSS compliance validation programs for their merchant populations. These institutions, often referred to as the program sponsors, help enforce compliance, mitigate risk and in turn, provide a tremendous security benefit for the merchant, as well as the greater population by helping to combat ever-evolving data security threats.

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Interoute’s Data Centre Approved by PCI DSS

Interoute next-generation network has achieved PCI DSS certification for its London data center. Interoute attained compliance through an independent Qualified Security Assessor (QSA) for its managed hosting solution. The PCI DSS standards ensure the best security controls are in place to protect credit card data and personal information from online fraud and theft, providing added assurance for businesses that their data is fully protected. With ecommerce spending in the UK alone rising% in 2010, demand for PCI compliant data centres is on the rise.

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E-DEBIT GLOBAL & ATTICUS Commences ATM Leasing Discussions

E-Debit Global Corporation and its wholly owned subsidiary Cash Direct Financial Services has commenced discussion with Vancouver based Atticus Financial Group (“Atticus”) to expand and roll out a National Leasing program focusing on privately owned Canadian banking sector equipment particularly Automated Bank Machines and POS Terminals. E-Debit Global Corporation (WSHE) debit, credit and online computer banking company has established a strong presence in the privately owned banking sector including ATM/ABM, POS, Online Computer Banking (OCB) and E-Commerce Transaction security and payment.

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DIRECTCASH PAYMENTS ANNOUNCES REGULAR CASH DIVIDEND

DirectCash Payments ATM provider announced a cash dividend of $0.115 (11.5 cents) per share for the month of May, 2011. The dividend will be paid on June 30, 2011, to shareholders of record on May 31, 2011. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). The Company’s policy is to pay dividends on or about the last day of each month to shareholders of record on the last business day of the preceding month.

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Chargeoffs & Bankruptcies Plunge In Tandem

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. credit card ABS chargeoffs & bankruptcies dropped like a rock in April to 7.88 and 134,720 after having increased for the first time in six months to 8.31% and 144,657-respectively-in March to the highest figures since April of 2009. The 134,720 consumer bankruptcies recorded in April were down 7% since…

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MasterCard and Brighter Planet Launch Eco-Footprint Tracker

MasterCard and Brighter Planet introduced a joint program to make carbon emissions analysis easier for the businesses worldwide that use MasterCard corporate cards, in response to the nearly 80% of companies expressing an interest in green travel initiatives. The MasterCard “Carbon Emissions Reporting” feature represents the first time that automatic reporting and analysis of estimated travel-related carbon emissions data will be available to corporate cardholders based on their card transactions. The “Carbon Emissions Reporting” program provides access to new data that is increasingly valued by companies as they strive to benchmark sustainability goals and initiatives, confront sustainability standards on their supply chains, and address the environmental concerns of stakeholders. Brighter Planet provides business intelligence for a sustainable future and was recently named 2010’s “Best Small Business” by Discovery Channel’s Treehugger.

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First Data Launches eGift Social Sweepstakes

First Data electronic commerce and payment processing is giving away its series of eGifts through a promotion on its eGift Social application until June 12, each week. With this, First Data will give away ten, Dairy Queen $10 eGifts and two, $50 eGifts to Sephora, Kmart, F.Y.E or Joe’s Crab Shack for them and a friend. In addition, one lucky winner will receive the $200 Sears eGift grand prize. Entrants must be 18 years of age or older and have “liked” the eGift Social Facebook page. To enter, visit the eGift Social Facebook page anytime during the sweepstakes and follow the on-screen instructions on the “Win Win Sweeps” tab. Limit one entry per person/Facebook account. A list of winners will be available on the eGift Social Facebook page.

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BERNANKE CONCERNED OVER SMALL BANK DEBIT INTERCHANGE EXEMPTION

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] “In response to a direct question from Senator Tester today, Fed Chairman Ben Bernanke reiterated before the Senate Banking Committee his concerns about the effectiveness of the small bank exemption embodied in the debit interchange rule. Bernanke said that he ‘can’t say with certainty’ that the exemption will work, that there…

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