BevMo! Deploys VeriFone PCI Scope Reducing Solution

Beverages and more! (BevMo!) alcoholic beverage-lifestyle specialty retailer has reduced the scope of its PCI compliance requirements through the implementation of the VeriFone “VeriShield Protect” end-to-end encryption solution. The “VeriShield Protect” solution encrypts cardholder and transaction data as it’s received for transmission of only non-usable information before it enters POS applications. On the “VeriShield Protect” format-preserving “VeriShield Hidden Encryption” (VHE) the retailer is able to avoid costly changes to its POS systems or back-office infrastructure. The “VeriShield Protect” format reduces enterprise systems from PCI scope while the VeriFone “VeriShield Monitoring & Compliance System” (VMCS) monitors the entire process in real time and issues security alerts as needed.

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Visa Improves Fraud Detection

Visa has improved its security capabilities to detect and prevent global electronic payments fraud through its “VisaNet” global processing platform. With this, Visa will develop new fraud models to enhance payment card fraud detection speed. Visa’s enhancements could help identify $1.5 billion in fraud for a 29% performance improvement from 2009 while fraud detection rates on the riskiest transactions improved by 122% over the previous model. This is thanks to an enhancement to the underlying processing platform that powers Visa’s ” Advanced Authorization.” The “Advanced Authorization” platform is better able to detect high speed fraud, where criminals attempt multiple transactions within a very short time period. Because Visa’s network can instantly recall and analyze millions of pieces of information in its memory, it is able to identify emerging fraud trends as they happen as oppose to after the act.

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Xsilva to Demonstrate mPOS Solution

Xsilva Systems retail tools tailored to the Mac platform under its “LightSpeed” brand, will be participating in the National Retail Federation’s 100th annual convention and exhibition to showcase its fully integrated “LightSpeed Mobile” m-POS system. This lets retailers eliminate impersonal cash register line-ups and complete transactions on the retail floor using the same hardware as Apple does in its own retail stores. The “LightSpeed Mobile” platform ultimately focuses on letting small retailers afford to deploy the very latest in retail technology using an iPod touch or iPhone with its combination of POS for front-counter retail with inventory management, purchasing, order processing and reporting. With this, transactions initiated on the mobile unit are completed at a Mac station equipped with a cash drawer, receipt printer or external payment processing hardware.

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CT-Payment Implements Utopia Customer Service

Utopia Image has signed an agreement to provide CT-Payment with a help desk service that will integrate its just-in-time actionable feedback platform. Utopia Image’s customer experience management platform and customer assistance service is now available to Payment Service providers, allowing them to measure and adapt the quality of every customer interaction in real-time. Utopia Image’s integrated Customer Experience Management platform and Help Desk aims to increase the “Very Satisfied” segment of customers (between 5% and 8%), while reducing the number of unnecessary repeated customer service calls (from 10 to 15%).

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Farmers State Bank Deploys IBT Solutions

Farmers State Bank has gone live with IBT financial services’ “i2 Core” banking solution. The bank has deployed TX-based IBT’s complete suite of financial services products for image and e-delivery solutions throughout the enterprise. The “i2 Core” platform utilizes the latest in available technology to deliver real time information across all customer delivery channels. IBT’s design increases its value proposition with the delivery of real time transactional alerts to mobile devices and “i2 OLB” (On-Line Banking), coupled with instant access to images processed through “i2 Teller” (Teller Capture) and “i2 RDC.” This customer-centric innovation model continues to keep pace with the consumer demands in the financial services industry.

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Android Launches Payment Processing Tablet

Android is kicking off its “Pocket Verifier Professional Android” with “Pocket Spectrum Plus.” Offering a complete payment solution that passes cards prints receipts for credit and the growing Android m-platform, the “Pocket Spectrum Plus” is available as a free application that enables traders to transit accept credit cards anywhere. The application can be used with Bluetooth and utilizes its thermal receipt printer. It also allows any mobile business user to avoid the high cost of CNP transactions.

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Merchant Warehouse to Lead Affiliate Summit West

The Merchant Warehouse vice president of marketing & strategy is set to lead discussions at the Affiliate Summit West 2011. The discussion will highlight new technologies such as call tracking, and how they could turn the B2B space into the next hot opportunity for affiliates. The Affiliate Summit was founded with the purpose of providing educational sessions on the latest industry issues and fostering a productive networking environment for affiliate marketers. Merchant Warehouse has set the standard for credit card processing by guaranteeing competitive pricing in merchant accounts, software, equipment, and providing dedicated, high quality customer service.

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CredoRax Payment Processing Implements Barracuda

CredoRax e-commerce acquiring bank and payment processing has deployed the “Barracuda Web Application Firewalls” from Barracuda Networks data protection and application delivery. This will ensure the security of customer data and assist with PCI compliance for all participating merchants using CredoRax’s online credit card and payment processing services. CredoRax provides online credit card clearing services directly, fraud prevention and payment gateway services to its merchants. This eases and expedites the payment process for participating merchants by allowing CredoRax to work directly with the credit card companies rather than working through banking institutions.

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GameStop Introduces Rewards Program

GameStop multichannel video game retailer has introduced its “PowerUp Rewards” loyalty program. With this, “PowerUp Rewards” members receive ongoing exclusives and savings with points for trades and purchases made in stores or online at GameStop.com. GameStop gift cards and merchandise Unique gaming rewards like a retro Atari system Restaurant and movie rewards Subscriptions to Netflix®, Xbox LIVE® and more Codes to unlock exclusive in-game accessories Point cards for all gaming platforms In addition to earning points for purchases and trades, PowerUp Rewards members are eligible for entry to GameStop® Epic Reward Giveaways™ with every qualifying purchase or trade.

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Barracuda Networks Implements CredoRax DS

CredoRax e-commerce acquiring bank and payment processing has deployed the “Barracuda Web Application Firewalls” from Barracuda Networks data protection and application delivery. This will ensure the security of customer data and assist with PCI compliance for all participating merchants using CredoRax’s online credit card and payment processing services. CredoRax provides online credit card clearing services directly, fraud prevention and payment gateway services to its merchants. This eases and expedites the payment process for participating merchants by allowing CredoRax to work directly with the credit card companies rather than working through banking institutions.

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Greater Cinci Card Processor Appoints Sales MGR

Greater Cincinnati credit and debit card processor OMEGA Processing has appointed J.R. Hall as its most recent sales associate. Experienced in processing sales and a graduate of Northern Kentucky University, J.R.’s experience in the credit card processing industry makes him a valuable addition to OMEGA Processing, according to the Company. Providing credit and debit card processing solutions for organizations nationwide, KY-based OMEGA Processing is a POS, processing, and strategic rewards organization founded in 2003.

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