Hypercom Offers EMV Card Metro Payment

Hypercom has completed the full EMV certification of all of its “Artema Modular” self-service payment systems and “Artema Compact” countertop terminals across 49 Dubai Metro stations. Speeding ticketing for 4 million passengers per month, the EMV certification means that travelers on Dubai’s urban railway network will benefit from secure and convenient payment using their chip and PIN cards. Thales’ Dubai Metro fare collection selected Hypercom’s self-service and countertop payment systems for the implementation, which offers the “Artema Modular” unattended payment system to provide a rugged and reliable card payment solution that has been designed to ensure secure transactions.

Details

Freak Figures Indicate COFs Up, Unemployment Down

Historically fluctuating with one another, March unemployment and credit card chargeoffs didn’t correlate positively for the first time in six months. The unemployment rate was down to 8.8% to 13.5 million members of the American workforce. This increased number of employed persons avoided increased defaulting on their credit cards, which are at a two-year low…

Details

eCommerce & Payment Processing Up 8.% Y/Y

Overall year-over-year electronic commerce and payment processing dollar volume growth increased 8.1% in March, compared to February’s 8.4% growth rate. Dollar volume growth was 6.9% in March versus 7.7% in February as overall average ticket growth was up 1.3% in March by 0.7% year-over-year. This, according to the First Data “SpendTrend,” tracking same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations, concluded signature debit dollar volume growth rose to 10.2% in March, the largest increase since December. Also, credit dollar volume growth slowed to 7.7% in March after posting a 12-month high of 9.9% in February.

Details

Heartland Appoints Executive Officers

Heartland Payment Systems made senior management additions and changes to support the growing breadth and depth of the company’s core services and merchant base. These additions include Maria Rueda as Chief Financial Officer, who most recently served as CFO at ING DIRECT and CFO/Financial and Operations Principal for Bloomberg Tradebook through Geller & Co. Also, Heidi Goff was appointed Heartland CMO, who was most recently was President & Managing Director at Hypercom, VP/GM with North America for Transaction Network Services, Executive VP at Global Payment Systems and Senior VP with MasterCard Automated POS Program.

Details

Hyatt Joins MasterCard Enhanced Folio Data Program

MasterCard Worldwide and Hyatt Hotels have signed partnership agreements under which the Hyatt will participate in the MasterCard enhanced folio data program. With this, businesses that use MasterCard corporate cards will be able to access line item expense data from their travel and entertainment (T&E) activities at more than 12,000 hotels and resorts in the United States and Canada. The MasterCard hotel folio data program enables simple separation of personal and business expenses; gives companies access to “level 3” expense data, such as room charges, tax, meal, telephone and business center fees- all of which can be integrated directly into a company’s expense management system; and provides companies with the ability to more effectively track and manage corporate travel spending, reduce costs and improve efficiencies.

Details

Chase & Kohl’s to Kickoff Cardmember Rewards

Chase Card Services and Kohl’s Department Stores have partnered to forge their exclusive marketing partnership. With this, Chase cardmembers with Ultimate Rewards will gain access to a wide range of increased rewards benefits for shopping at Kohl’s. Promoting this initiative, Kohl’s and Chase will launch several new incentives to reward Chase cardmembers for shopping at Kohl’s throughout 2011. These include enhanced gift card promotions and expanded bonus point programs for qualifying Kohl’s purchases.

Details

Monolithic to Institute Adexa Fabless Supply Chain

Monolithic Power Systems fabless semiconductors has selected and will be implementing Adexa Supply Chain Planning solutions’ planning and demand planning solutions. With this, Monolithic Power Systems expects to further improve visibility, accuracy, and performance optimization in its supply chain, while enhancing collaboration across multiple business units. CA-based Monolithic Power Systems analog semiconductor company specializes in deep system-level and applications knowledge, strong analog design expertise, and an innovative proprietary process technology.

Details

HID Global Gets FIPS 201 Mag Stripe Reader Certification

HID Global has expanded its “multiCLASS” Magnetic Stripe line of readers available on the U.S. General Services Administration (GSA) FIPS 201 Evaluation Program’s list of approved products to now include non-keypad readers. The listing enables U.S. Government organizations to purchase HID Global’s latest physical access reader products as they begin to implement migration programs from legacy magnetic stripe (magstripe) cards to contactless 13.56 MHz FIPS 201 credentials, for both single- and two-factor authentication scenarios. The “multiCLASS” line of multi-technology readers allows an agency’s access control system to function properly during the transition from current card technology to new FIPS 201 card requirements and contain features to simplify the conversion to the new standard because they are capable of simultaneously reading legacy cards and the new FIPS 201 cards. HID Global has also achieved UL294/cUL outdoor certification on all “multiCLASS” Magnetic Stripe readers.

Details

Tech Lock Certifies APAC PCI DSS

APAC Customer Services outsourced services and solutions has been certified as enterprise-wide compliant with the PCI DSS version 2.0 as a Level 1 Service Provider by Tech Lock. As a Level 1 Service Provider, APAC will undergo an annual onsite assessment by Qualified Security Assessors to apply some of the most strict and thorough testing procedures of any regulation or standard. IL-based Tech Lock is a PCI Qualified Security Assessor that specializes in holistic and multi-regulatory compliance.

Details

LiveVox Cloud Predictive Dialer Wins ATA Award

LiveVox PCI-DSS cloud contact center solutions was awarded the Technovation Award from the American Teleservices Association for its Secure VoIP Predictive Dialer. The ATA is a non-profit trade organization serving companies that use contact centers as an integral channel of their operations. Recipients of the Technovation award must demonstrate significant innovation and cultivate a focus on new product development for the contact center industry. LiveVox delivers integrated predictive dialer, ACD, IVR and call recording applications solely from the cloud.

Details

PIVOTAL PAYMENTS OPENS DEVELOPMENT OFFICE

Pivotal Payments merchant services has established a new IT and development center in Plano, Texas to focus on the continuous development of “HD3” integrated back-end processing platform. Pivotal Payments specializes in merchant credit and debit card processing, electronic check conversion, merchant cash-advance programs, loyalty/gift card programs, and terminal management solutions. The company provides these services to small and mid-sized retail businesses, mail order/telephone order merchants, e-commerce, chain stores, franchises, restaurants and dealerships. It processes over $8 billion in annual volume.

Details

Crossing Automation Deploys More Sorters

Crossing Automation designer and manufacturer of fab automation and robotic equipment used by global semiconductor companies has received both new and follow-on orders for multiple “300 mm Spartan Sorters.” The orders were received from a single foundry customer and the systems will be installed in two of its facilities for use in volume production.The “Spartan 300 mm” wafer sorter was selected due to its ability to meet the customer’s throughput and reliability requirements while supporting the high wafer volume and stringent cleanliness requirements of the facilities.

Details