ECAF Awards Trustwave Compliance Security

Trustwave information security and compliance has been commended for its “TrustKeeper” security and compliance web portal with the the Data Security Award by the European Card Acquiring Forum (ECAF). This recognizes the acquirer, the processor, the network services provider, the payment services provider, payment scheme, or the solution provider with the best performing security system based on merchant satisfaction, fraud rates or security breaches. The “TrustKeeper” web portal supports merchants’ compliance efforts and facilitates PCI DSS compliance validation with its “PCI Wizard, ” which also allows merchants complete required vulnerability scans and receive their compliance certificate.

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Aptys Payments Processing Adds ACH Solution

Aptys Solutions payments network has added ACH functionality to its “PayLOGICS” payment processing platform. Utilizing the ACH functionality in “PayLOGICS” lets banks exchange ACH items with other financial institution partners. The Aptys’ ACH functionality includes exception item management, automated scheduling, warehousing, returns, reversals and full origination. Because ACH and checks processed through PayLOGICS utilize the same architecture, financial institutions eliminate the need to create a new infrastructure to manage ACH payments. Aptys’ services-oriented architecture allows financial institutions to validate a transaction file and conduct duplicate checking on that same file.

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pcipolicyportal.com launches v2.0 PCI Manual

pcipolicyportal.com documented policy and procedure templates for PCI compliance has made available Version 2.0 of its policy and procedure manual, touching on all necessary policies, procedures, templates, checklists, and forms for compliance with the PCI DSS provisions. After successfully launching its initial policy and procedure manual in October 2009, pcipolicyportal.com reached out to current clients, industry leaders and numerous I.T. professionals in creating Version 2.0, which has once again become the industry benchmark for policy and procedure templates for organizations around the globe. Over 215 pages in length, the manual addresses the 12 requirements and includes every possible policy, procedure, form, template, or checklist your company will need to comply with the PCI-DSS provisions.

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TotalBank Offers VSoft Imaging Solutions

TotalBank recently implemented VSoft’s “Agile Branch” Capture Solution, Remote Deposit Capture Solution (RDC), “Image Exchange” Solution and complete Electronic Day-Two Processing. TotalBank is a member of Grupo Banco Popular Español and selected VSoft’s imaging solutions to reduce operational costs and maximize efficiency. VSoft offers core and payment-processing solutions that improve service, reduce cost and maximize efficiency for financial institutions. Its solutions provide seamless, real-time, high-volume and high-performance transactions across multiple channels and can be delivered in-house, or as an outsourced ASP or SaaS model to best meet the needs of individual financial institutions.

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AmEx Announces Community Funding Distribution

American Express and TakePart announced its five organization-based “Members Project” winners, chosen by the public through online voting, which will collectively receive $1 million in funding ($200,00 each) from American Express to advance their missions of serving communities around the country. Winners in the Arts & Culture segment is the Alvin Ailey American Dance Theater uses the African-American cultural experience and the American modern dance tradition to inspire, enlighten and unite people of all backgrounds; in Community Development is Kiva personal lending marketplace which lets socially conscious Internet users to connect with and make personal loans to entrepreneurs and students around the world; in education is A Better Chance, which has been opening the door to educational opportunities for thousands of young people of color in this nation; in Environment & Wildlife is Defenders of Wildlife, which has led the fight to save threatened and endangered species with innovative approaches that help imperiled wildlife survive in an ever-changing world; and finally in Health & Wellness is the AIDS Healthcare Foundation and its mission to provide cutting-edge medicine and advocacy, regardless of a person’s ability to pay, and help the agency to continue delivering lifesaving HIV/AIDS treatment, care and prevention services to the neediest and most underserved populations in the U.S. and globally. Since March 2010, “Members Project” has enabled its online community to give $4.2 million to 21 non-profit organizations, both domestically and internationally.

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CashEdge & Huntington Offer P2P Email & mPayments

CashEdge Intelligent Money Movement services has signed a deal with The Huntington National Bank to provide “Popmoney” person-to-person email and mobile payments service. The service will be offered online through Huntington Online Banking and through Huntington Mobile Banking later in the year. The “Popmoney” payments service lets bank customers to send money from their online or mobile banking, simply using a recipient’s email, mobile number or bank account information. Popmoney provides support for text messaging, WAP and downloadable mobile applications. Huntington has more than 600 local branches and an array of alternative distribution channels including internet and mobile banking, telephone banking, and more than 1,300 ATMs, throughout its six-state banking franchise: Ohio, Michigan, Indiana, Pennsylvania, West Virginia, and Kentucky.

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Retail TouchPoints Recognizes CrossView mPlatform

CrossView cross-channel solutions was recognized as a “Next-Gen Retail Award” winner by Retail TouchPoints (RTP) customer engagement strategies. Honoring 10 companies with innovative solutions at the National Retail Federation’s 100th Annual Convention, including Cisco in Social Media; Intel for In-Store Marketing; Global Bay Technologies for Inventory Management; Tyco Retail Solutions for Store Intelligence; Aruba Networks in Mobile Technology; NCR in Customer Engagement; Xsilva in 7 Payments/POS; QlikTech for Analytics; and Opterus for Store Operations.

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iPhoneSwiper & Impact PaySystem Launch iPhone Terminal

iPhoneSwiper and PaySystem has partnered to offer there wireless credit card processing terminal for free with a merchant account from Impact PaySystem. iPhoneSwiper has an integrated credit card magnetic-stripe reader, Infra-red barcode scanner, and thermal printer. Coupled with the gateway software through iPhoneSwiper powered by Impact PaySystem, it allows merchants to easily view and control all their store’s products through the iPhoneSwiper software for a fully functional POS system which uses the UPC barcode scanner to quickly create an order and accept payment for it and automatically update the database and inventory while orders are being placed.

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Intuit Offers Rides and Grub at SXSW Interactive

In Austin, TX, Intuit “GoPayment” is sponsoring a fleet of 20 Metrocycle pedicabs so anyone can get a ride and pay with plastic during SXSW Interactive 2011. Additionally Passengers can follow @GoPayment on Twitter to obtain a secret password, share it with their driver, and ride for free. Intuit decided to work with local pedicab service Metrocycle to enable easy access to fast and fun transportation for attendees. Each ‘GoCab’ will be using Intuit GoPayment so passengers don’t need to worry about carrying cash and ‘GoCab’ drivers can get paid fast.Intuit is also working with popular mobile food truck, Chi’Lantro. GoPayment offers a free credit card reader, no monthly fee and works on more than 40 mobile devices, including the most popular iOS, Android and Blackberry devices.

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Cadence Receives CBC Investment Round

Community Bancorp completed its acquisition of Cadence Financial Corporation, to which it has invested $144 million to strengthen capital base, develop new products, enhance customer service and expand community investments across Cadence Bank’s five-state market area. With this, Cadence announced Paul B. Murphy, Jr., Frank Cox, Stan Levy and John McWhorter were elected as directors of Cadence Financial Corporation. Mark A. Abernathy will continue as a director of Cadence. Mr. Murphy is President of CBC, Mr. Cox is Chief Information Officer of CBC, Mr. Levy is CBC’s Chief Risk and Credit Officer, and Mr. McWhorter is CBC’s Chief Financial Officer.

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CoCoNet Launches Corporate mBanking App

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CoCoNet has made available its “MULTIVERSA EBICS App” mobile banking app for corporate customers to manage their bank accounts in Germany and France. With many other countries to join the host list throughout Europe, the e-banking app is available for various smart phones and tablet PCs. The European multi-bank communications standard…

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UBA Launches Visa Debit Card

After having assessed its customers’ challenges with accessing money from overseas, the United Bank of Africa has designed its Visa Debit Card. Focusing on the needs of traveling business people, the UBA Visa Debit card allows cardholders to travel to different countries without worrying about changing currencies, as the card can be used in many countries. UBA has footprints in 18 African countries with a vision and objective to be the undisputed, leading and dominant African bank by offering its customers superior quality and efficient customer service and value and by upholding the highest standards of professionalism.

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