KORE Telematics Launches M2M Solution

KORE Telematics digital wireless services provider specializing in machine-to-machine (M2M) communications introduced its KORE M2M “Solution Finder Portal” and “Application Partner” Program. The “Solution Finder” portal was created to solve a perennial problem for companies seeking commercial-grade M2M solutions specific to their needs, allowing partners will benefit from marketing and advertising initiatives, case studies featuring their solutions and customers, and have the opportunity to participate in KORE public relations and industry tradeshow activities.

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CHARGE Anywhere Launches mPayments with GPAY Africa

CHARGE Anywhere mobile payment solutions has made available its mobile payments platform in Nigeria, subsequent to gorwing consumer-interest in mobile payments through G-PAY Africa. The pilot, demonstrating prepaid utility bill applications, is running on mobile phones and GPRS wireless POS terminals processing and recording payments for traditional Bank/ATM card and cash transactions. The pilot phase will conclude in 2011, followed by full launch and installation later in the year.

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eBillme Cash Checkout Option Available on Fathead.com

Fathead.com now offers the eBillme purchasing options for the shoppers whom prefer to pay with cash. The eBillme platform lets shoppers choose the option at checkout and pay their bill through their online bank account or at one of over 75,000 walk-in locations. Every purchase made using eBillme offers buyer protection features, including satisfaction guarantee, best price, and fraud protection in addition to a cash-back rewards program for shoppers to earn up to 5 percent cash-back on purchases.

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Cubic to Test Open Payments with PATCO

Port Authority Transit Corporation (PATCO) High Speed Line customers will be able to pay transit fares with their credit or debit cards in 2011 thanks to agreements with Cubic Transportation Systems. The PATCO commuter line connects New Jersey Transit and the Southeastern Pennsylvania Transportation Authority and will implement the Cubic “open payment” technology on the “FREEDOM” card across its 14-mile line between Lindenwold, New Jersey, and Philadelphia, and will simplify how customers pay their fares by eliminating the need to carry a separate transit payment card. This agreement will ultimately reduce the costs associated with managing and distributing fare media and offer travelers a convenient payment method. Eventually, any bank card with a contactless chip will be accepted on the PATCO system.

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Panini Facilitating Globalization of RDC

Panini global payments processing is leveraging and extending their global market leadership and best practice insights to help new markets achieve the efficiencies of distributed capture. The company most recently joined forces with two of the top financial industry technology associations in Italy and India to share their RDC and Branch Image Capture (BIC); applications that enable financial institutions to convert check payments and related documents to electronic transactions for clearing. Panini has been engaged with ABI, the Italian Banking Association, for many years and is currently working with ABI Lab, the R&D Center for Banking Technologies, to introduce RDC to the Italian financial services market.

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Datapipe Expands Partnership with Alert Logic

Datapipe managed services and infrastructure for IT and cloud computing and Alert Logic log management have expanded their partnership. With this, Datapipe’s turnkey PCI DSS compliance solution will now provide access to Alert Logic’s solutions for log management advanced security control. The Alert Logic solution is a critical piece of the PCI solution, utilizing Alert Logic “Log Manager” with “LogReview.” This offers Datapipe’s security team the tools to efficiently manage the complexities of this labor intensive process and ensure ongoing PCI compliance for their clients.

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BMO Bank of Montreal Expands ATM Access

BMO Bank of Montreal has Joined Acxsys Corporation’s International Card ABM Acquiring Service, allowing Unionpay, Diners Club International, Discover Card and PULSE cardholders to withdraw money from its more than 2,000 ATMs across Canada. This ultimately strengthens bank’s relationship with Diners Club International family by accepting the cards of other Diners Club franchises; provides BMO’s customers living in China access to their bank accounts while visiting Canada; and augments BMO’s “Newcomers to Canada” program, to help make newcomers’ transition to Canada smoother.

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OPN CARD

Ixaris global electronic payments launched its “Opn Card Guardian” payment application to automate corporate purchasing through one-time-use virtual Visa cards. The “Opn Card Guardian” solution lets Companies issue employees company-branded open loop virtual Visa cards that are pre-loaded with funds and configured in various ways to ensure that purchases comply with internal expense control arrangements for reduced reconciliation discrepancies and unauthorized purchases.The first commerce-enabled payment solution that provides open access to the Visa and MasterCard networks and global money transfer networks, “Opn Card Guardian” lets businesses create secure, compliant and flexible payment applications without the cost of legacy platforms.

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eLayaway Makes Leaps & Bounds in January

January 2011 saw eLayaway layaway payment processor increase the most in merchant acquisitions and new merchant inquiries. Although only twelve new merchants were chosen to join the eLayaway network last month, the diversity of their offerings will provide eLayaway members with more variety and some unique niche products. Backyard Discovery (swingsetsonline.com) and eSpecial Needs (eSpecialNeeds.com), both new eLayaway merchants for 2011, are perfect examples of how eLayaway can serve markets beyond those traditionally served by layaway programs of the past.

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Visa Europe & ValidSoft Seek to Cut Card Fraud

With increased consumer spending timeframes- such as the holidays or SuperBowls- comes increased opportunity for stolen card details, for which Visa Europe recently signed a contract with ValidSoft subsidiary of Elephant Talk Communications to combat. ValidSoft is a leading provider of electronic fraud detection and prevention, and specializes in card related fraud detection, prevention and resolution. With this partnership, ValidSoft will provide its card fraud detection and prevention technology “VALid-POS,” as well as “VALid” authentication capability. The “VALid-POS” instantly correlates origination of a purchase or withdrawal using a card, to the proximity of the card owner through the card owner’s cell phone, without ever tracking the user.

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