Wincor Nixdorf Launches Cash Recycling Solution

Wincor Nixdorf has unveiled its “CINEO 4060” cash recycling ATM. Designed to reduce the costs and risks
associated with cash replenishment and servicing, the “CINEO 4060” ATM can hold up to eight cassettes and
includes an innovative banknote storage technology that optimizes cash replenishment and pick-up by
automating cash processes.This gives the bank the flexibility to offer a variety of note denominations besides
just $10’s and $20’s, which 88% of consumers would like to choose at the ATM. Additional “CINEO” features
include a larger screen, more camera options and superior protection; anti-manipulation card slot Anti-
Skimming II Module High-resolution cameras Optical Security Guard CrypTA Stick EPP V6 with privacy shield.

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GLOBAL PAYMENTS

According to the EU, global payments volumes continued to grow in 2009, despite economic pressure from the financial crisis according to findings from the World Payments Report 2010. This followed a period of overall growth in non cash-payments which accelerated to 9% in 2008 from 7% in 2007. The rate of growth in non-cash payments volumes in 2008 was far faster in developing economies, such as China (29%), South Africa (25%) and Russia (66%), than in mature markets, such as North America which had a growth rate of four percent. Announced by Capgemini, RBS and Efma, The World Payments Report 2010 shows cards remain the preferred non-cash payment instrument, accounting for more than 40% of payments in most markets and 58% globally.

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TSYS Inks Multi-Year Bank of Ireland Processing Agreement

TSYS has extended its multi-year agreement with Bank of Ireland to continue processing its consumer and commercial card portfolios for services in Ireland and the United Kingdom. With this, Bank of Ireland will be adding to its offering with TSYS’ online account servicing and management product. A top card processor in the UK and Ireland, TSYS was chosen thanks to its payments security and reliability and to its platform flexibility and scalability for future growth. TSYS will continue to offer value-added services to allow the bank to remain competitive in the evolving marketplace.

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TSYS

TSYS has extended its multi-year agreement with Bank of Ireland to
continue processing its consumer and commercial card portfolios for
services in Ireland and the United Kingdom. With this, Bank of Ireland
will be adding to its offering with TSYS’ online account servicing and
management product. A top card processor in the UK and Ireland, TSYS was
chosen thanks to its payments security and reliability and to its
platform flexibility and scalability for future growth. TSYS will
continue to offer value-added services to allow the bank to remain
competitive in the evolving marketplace.

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Dynamics Payment Card Eradicates Much US Fraud

Dynamics next-generation payment devices unveiled its anti-skimming technology at BAI Retail Delivery and will demonstrate it at Alternative Payment System Innovations on Oct. 21 in San Francisco. The anti-skimming device, “Dynamic Credit Card,” protects consumers and merchants against this threat by automatically writing a new, unique dynamic security code onto its magnetic stripe for every in-store purchase. A display can also be added to the card so the card can automatically display a new, unique dynamic security code for every online purchase – thus replacing the three or four digit security code physically printed on traditional cards. This is in response to the billions lost to fraudsters stealing credit card numbers. The “Dynamic Credit Card” technology can also be integrated into any Dynamics card such as “MultiAccount” and “Redemption.”

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PenFed Launches CashBack Visa Platinum Card

The Pentagon Federal Credit Union (PenFed) is offering 3% cash back on electronics and sporting good purchases on their PenFed VISA Platinum Cash Rewards Card with its “Thrill of Three 3% Cashback” campaign until December 31. The “Thrill of 3% Cashback” is in addition to the 5% back on gasoline purchases, 2% back on supermarket purchases, and 1% back on everything else PenFed VISA Platinum Cash Rewards cardholders already enjoy.

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Cardtronics Forms New Strategy and Executives

Cardtronics non-bank owner of ATM will now be separated into “Network and Financial Services” and “ATM Services” business units to facilitate more productive operations. With this, a number of executive appointments have taken place, including Rick Updyke as the role of President of the combined United States Business Group; Ben Psillas as Executive VP and Division Executive for the Company’s Network and Financial Services business unit. In addition to Cardtronics’ Allpoint surcharge-free ATM network, this business unit will include other products and services, including the Company’s bank branding and financial institution managed services offerings, as well as future products and services designed to leverage the Company’s network of prime retail ATM locations. Meanwhile, Tres Thompson will become Executive Vice President and Division Executive for the Company’s ATM Services business unit to oversee expanding the Company’s domestic retail ATM network and for implementing strategic initiatives to further leverage and grow the revenues generated by the Company’s domestic ATMs.

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Mountain America Adds Bluepoint mCheck Deposit

Mountain America Credit Union has added Bluepoint’s mobile remote deposit capture capabilities to its mobile banking platform. Allowing members to securely deposit checks with a camera-equipped smart phone, providing the added convenience of anytime, anywhere deposits, the user can now deposit checks from a smart phone by keying in the deposit amount and then take photos of the front and back of the check. The application then automatically performs multiple quality assurance and image correction functions to minimize image distortions. All transactions are transmitted with multiple layers of security and can be traced back to registered smart phones, marked with time and location, to combat fraud.

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SCA Launches Smart Card Training and Certification

The Smart Card Alliance international Certified Smart Card Industry Professional (CSCIP) preparation course and exam will be held this year at the CARTES & IDentification event in Paris, France. The certification training course and exam will take place at the Paris Nord Villepinte exhibition center on December 6th and December 9th, respectively. The CSCIP training documentation has been updated with content on international technology standards and global implementations to support the expansion of this international exam, which will grant a CSCIP designation for those who pass. Currently there are more than 100 international LEAP members and 56 certified CSCIPs.

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American Express and SAP Launch Integrated Payment

American Express and SAP AG have forged a joint effort to develop an integrated solution enabling SAP customers to process electronic payments more seamlessly with American Express. With this, the partnership is seeking to alleviate the delay or determent of the corporate adoption of electronic payments. Designed to help organizations drive process efficiencies without the need for large-scale, up-front development investments, the combined solution will feature a “plug-and-play” utility to enable SAP customers to adopt electronic payments quickly and easily. By integrating payments solutions with the underlying technology that powers an organization’s business processes, corporations can enhance controls and optimize the timing of their payments, thereby improving their working capital. The integrated solution combines the power of the Buyer Initiated Payments solution from American Express with process integration (PI) technology from the SAP NetWeaver® technology platform. PI technology will maintain payment data integrity and the workflows and approval processes that customers are already running on SAP software.

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Zebra Technologies Introduces Secure Issuance Printer

Zebra Technologies has introduced its “ZXP Series 8” Secure Issuance printer this week at the Bank Administration Institute (BAI) Retail Delivery Conference. Addressing global industry requirements for on-demand printing of payment cards, the “ZXP Series 8” retransfer card printer technology provides fast on-site card printing. It is capable of printing fully activated debit, credit and ATM cards on flat, non-embossed cards. This can be done directly onsite at the financial institution for instantaneous, on-the-spot issuance, saving customers the wait time generally associated with having a new or replacement card centrally printed and mailed.

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RCS Selects Muscato Prepaid Card Program

Muscato Group’s “M2 Payment Solutions” U.S. transaction processing division is introducing its corporate reward card program for Reward Card Solutions for its growing loyalty and incentive prepaid card business. An international prepaid processor, M2 accommodates Visa, MasterCard and JCB prepaid cards in the US, Europe, the Middle East for cardholders in over 120 countries. The new generation M2 prepaid platform and patented fraud prevention technology includes a full suite of SMS commands and the prepaid card industry’s most secure card for online commerce, helps provide customers with the highest level of performance, convenience and security. Muscato Group implements transaction and payment technologies and in licensing and operating its products and services. Reward Card Solutions is a reseller of the Elite branded open-loop prepaid Visa, MasterCard and American Express Incentive LAP Cards to corporations for use in loyalty, award and incentives programs.

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