Veteran’s Canteen Service Implements NCR POS

NCR will provide software, services and hardware, including two-sided printing, for multi-store concept in 180 VA Hospitals throughout the US and Puerto Rico with its POS. Scheduled for complete rollout to all locations by the end of this month, the solution includes approximately 1,100 NCR “RealPOS 70XRT” POS terminals; its “GenPOS” software; and NCR project management, software development, testing, integration, deployment, on-site training and technical support. The NCR solutions will be facilitate sales in retail shops, cafeterias, combination locations (retail and food), coffee shops, optical shops, and concessionaires.

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AmEx & FlyerTalk Introduce Unique Rewards Opp

American Express and FlyerTalk have kicked off the “Top Flyer” online community. Rewarding travelers for sharing their best travel tips and tricks, the program gives travelers the opportunity to receive 10,000 Membership Rewards bonus points from American Express (or a $50 American Express Gift Card) each month between now and December 31, 2011. When users register with FlyerTalk and share their travel experiences and tips with the Top Flyer community by way of microblog-style posts, photos, news, and videos, they can earn points every time one of their fellow community members ‘likes’ their post or comments. Each month, the 10 participating members with the most points receive 10,000 Membership Rewards bonus points (or a $50 American Express Gift Card) – and Top Flyer bragging rights.

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Dwolla Improves on its Proximity-Based mPayments

Dwolla cash exchange payment platform through online, mobile or social mediums is reintroducing its “Dwolla Spots,” now available on Apple’s App Store. Allowing users complete a retail transaction with their cell phone via their physical location, the revolutionary application will focus on proximity-based interactions and feature an easy-to-scroll Spots map that will allow users to choose a location, engage in a transaction, and complete a mobile payments purchase. Latest improvements to “Dwolla Spots” provide users access to their linked social networks’ contacts, providing users an intuitive and easy way to send and receive money with anyone in their Facebook or Twitter communities. On the merchant end, registered businesses can select their Spot’s avatars to differentiate their location from others.

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Monster Offers and Zala Launch mBanking

Monster Offers ‘Daily Deal’ aggregator and social media company has forged licensing agreements with Zala to bring mobile person-to-person (P2P) money sharing services to the ‘Daily Deal’ industry. Through this alliance, Monster Offers plans to release additional solutions for loyalty, deal tracking, simplified redemption management and merchant dashboards. Key Zala P2P payment platform benefits allow users to send or receive money instantly and effectively with independent programs in the USA and European Union; provide a personalized Zala MasterCard (Europe) or Visa (USA) prepaid card; and supports including iPhone, Android, Blackberry and Nokia devices. Monster Offers deal aggregator compounds daily deals from multiple sites in local communities across the U.S. and Canada.

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Bank of America Accepting Donations Japan Relief

Bank of America is set to accept donations to support the American Red Cross Japan Earthquake and Tsunami Relief Fund at its more than 5,800 banking centers across the United States, for which the Bank will waive associated foreign transaction fees for credit card users sending to charitable relief efforts. This is part of Bank of America’s 100 million yen commitment to aid survivors of the earthquake and tsunami. This includes a 50 million yen grant to American Red Cross, which is working with the Japanese Red Cross Society to help meet the immediate needs of individuals and families.

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FIS Already Awarded with Three 2011 Recognitions

FIS banking and payments technology received industry awards recognizing the excellence of its eBanking, “TouchPoint” channel solutions and ePayment solutions, including the Celent “XCelent Depth of Service Award,” the “IBM Beacon Award,” and at the 2011 Paybefore Awards, respectively. The Celent “XCelent Depth of Service Award” recognizes community banks and credit unions reviewing small business, online banking solutions. The IBM Beacon Award distinguishes the best solutions IBM business partners deliver across the world, for which FIS was named the “Best Industry Solution for Banking” for its “TouchPoint” delivery channel solution. Two solutions powered by FIS prepaid solutions were recognized in the 2011 Paybefore Awards, including the U.S. Bank AccelaPay Mobile Banking Application reloadable prepaid card.

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KORE Enhances Wireless Network for M2M Service

KORE Telematics machine-to-machine (M2M) communications has achieved 99.999 percent availability since upgrading its network in December 2009, thanks mostly to its significant investments in building a dedicated M2M network with a support capacity of more than 10 million connected devices. This will support its nearly 600 M2M application provider partners on two new, fault-tolerant, fully-redundant data centers in Atlanta and Las Vegas with automatic fail-over. Each data center is connected via dedicated MPLS backhaul, powered by Cisco 6500 switches, Cisco 7206 routers and Cisco ASR 1004 routers.

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Diebold to Manage 1,100 Axis Bank ATMs

Diebold India has forged a two-year managed services agreement with Axis Bank and will manage more than 1,100 of the bank’s ATMs across the Country. Diebold will now support Axis Bank with ATM incident monitoring, vendor management, cash forecasting and replenishment services, caretaker services, consumables management and site maintenance. Diebold managed services is a partnership approach that leverages global best practices, economies of scale, accumulated vendor experience and knowledge. This ensures continuous improvements, operational efficiency and cost reduction for customers. Diebold India is a wholly-owned subsidiary of Diebold, Incorporated, and is headquartered in Mumbai, India, with an infrastructure supporting more than 780 locations across the country.

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Bank Leumi Implements Check Point DLP

Bank Leumi Switzerland international private banking center for the Leumi Group has deployed Check Point’s “Data Loss Prevention” (DLP) solution to secure sensitive data and address critical compliance requirements, while simplifying IT management. With a growing network of over 4,500 clients in over 80 countries, the bank requires a strong DLP solution that ensures it meets and exceeds government regulatory compliance standards and safeguards confidential customer information, such as bank account numbers, credit card data and Social Security numbers. The bank implemented the Check Point DLP Solution to proactively prevent data loss and educate employees on the bank’s communications practices and policies. Customers can choose from the “Check Point DLP-1” appliance or the “Check Point DLP Software Blade” that can be deployed on all Check Point security gateways.

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YellowPepper sponsors Mobile Money Transfer (MMT) Americas Conference & Expo

The MMT Americas Conference & Expo will be held March 21st-24th, hosting stakeholders in the mobile money transfer and offering up the knowledge of 40 industry experts through case studies, panel discussions, workshops, and Q&A sessions. For this event, YellowPepper mobile financial services has signed onboard as the Conference’s Platinum Sponsor and will share experiences and challenges in launching its mobile banking capabilities in Colombia and Peru and being the first provider of mobile money services in Haiti.

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Oberthur Technologies Facilitates Sygma Bank Polska EMV Migration

Oberthur Technologies has been selected by Sygma Bank Polska to support the migration to DDA EMV cards and to provide advanced personalisation services. The EMV migration is currently taking place in Poland. This partnership is in addition to those between the entities across Europe and is thanks to Oberthur Technologies’ extensive experience with timely EMV projects. Oberthur Technologies provides a VISA and MasterCard certified local service centre to personalise magnetic stripe, SDA[2], DDA, CDA[3], along with other form factors card such as NFC-stickers and key fobs.

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Conference Board January Index up .3%

The Conference Board Leading Economic Index (LEI) for China increased 0.3% in January to 155.0 (2004 = 100), following a 0.5% decline in December and a 0.5% increase in November. Meanwhile, the Conference Board Coincident Economic Index® (CEI) for China, which measures current economic activity, increased 1.4% in January to 200.8 (2004 = 100), following a 0.1% increase in December and a 1.0 percent increase in November. Four of the five components contributed positively to the index in January. The six components of The Conference Board Leading Economic Index (LEI) for China include total Loans Issued by Financial Institutions; 5000 Industry Enterprises Diffusion Index; NBS Manufacturing PMI Sub-Indices; Consumer Expectations Index; Total Floor Space Started; and NBS Manufacturing PMI Sub-Indices.

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