Reliant PCI-DSS Solution Sees Record Adoption

Reliant Security PCI DSS compliance technology solutions for retail merchants Posted strong numbers for 1H/10. Reliant Security provides an integrated products and services platform for merchants to meet PCI DSS through its “Managed PCI System (MPS) Redbox” solution. The “MPS Redbox” adoption for retail merchants hit an all time high for a subsequent revenue all time high for a third straight year of increasing sales. The latest customers to adopt “MPS Redbox” include Urban Outfitters; Hudson Group; The Salvation Army Family Stores; and Total Wine & More. The “MPS Redbox” is an open architecture appliance designed to address all of the PCI technical requirements so merchants can achieve a successful PCI audit, delivering enhanced dynamic configuration for swift deployment across thousands of remote store locations.

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Infosys Launches Advanced mBanking

Infosys Technologies has introduced its “Finacle” mobile banking 2.0 comprehensive solution, offering retail and corporate consumers access to banking services through mobile SMS, GPRS, 3G and USSD-enabled handsets. Supporting multi-host, multilingual, multi-channel, multi-currency banking, it facilitates proximity payments, remote deposit capture, new account opening, ATM/branch locating based on GPS mobile ticketing, mobile top-up and mobile marketing. Two factor authentication and encryption ensure fidelity of transactions; it supports over 8000+ mobile handsets; is available with SMS messaging, browser-based mobile banking, rich client/download-based mobile banking or USSD messaging; and can be deployed in less than 30 days.

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NCR Posts 3Q/10 Revenue Up 6% Y/Y

NCR Corporation posted 3Q/10 revenue of $1.21 billion, up 6% from 3Q/09, $78 million of which was from continuing operations, compared to the year ago figure of $15 million. The 3Q/10 revenue from continuing operations included $50 million in pension expense, $39 million of income tax benefit and $6 million of incremental costs directly related to the relocation of the Company’s global headquarters. These results were thanks to EMEA revenue up 10% from 3Q/09; APJ regional revenue up 5% year-over-year; Americas revenue up 4% since the year ago period; and income from operations up $34 million by 29% from $29 million in 3Q/09. The Company also posted $360 million in cash and cash equivalents, an $87 million decrease from the $447 million the prior quarter and is projecting full-year 2010 revenues to increase in the range of 2 to 5% since the year ago period with full year 2010 Income from Operations of between $92 million to $102 million and GAAP diluted earnings per share from continuing operations of between $0.65 and $0.73. Client developments disclosed NCR began installing its “Solidcore Suite” for APTRA across Unicredit Bank’s entire multivendor ATM network across Russia; Barclays Bank implemented NCR’s outsourced management and maintenance services for its U.K. network of 550 remote and host-operated ATMs in a two-year agreement; and NCR introduced its “RealPOS 40” and “RealPOS 60” POS payment terminals.

REV ($) 3Q/09 VS 3Q/10
TOTAL : 1.14B 1.21B
Products : 541MM 600MM
Services : 594MM 607MM
Cost Prd : 433MM 475MM
Cost Srv : 478MM 486MM

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FiCentive & Redpack Launch Prepaid Mastercard

Focusing on the underbanked segment of Mexican immigrants, FiCentive turn-key prepaid card solutions and Redpack package and mail delivery have partnered to launch the “Redpack Mi Promesa” MasterCard prepaid card. The Redpack branded “Mi Promesa MasterCard” reloadable prepaid card offers US-based clients the ability to fund their own cards as well as those of family members that are also “FiCentive Mi Promesa” companion cardholders. Providing full-service prepaid card solutions to merchants, financial institutions, and consumers whose financial service needs are not being met by the more traditional financial services organizations and products. These agreements leverage the strong Redpack brand to provide underserved clients a flexible tool to help them manage their financial needs.

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Webseries Platform Offers New Payment Option

Bottomline Technologies collaborative payment, invoice and document automation is making its “Paymode-X” functionality available in the “WebSeries Cash Management Platform.” With this, “Paymode-X” functionality in “WebSeries” will allow banks to enhance their payment applications and capture additional business by offering electronic remittance delivery to suppliers already on the world’s largest and fastest growing business to business payment network. Access to the “Paymode-X” network allows banks the ability to offer their clients accelerated conversion from paper to electronic payments. Integrating more closely with clients’ back office processes provides banks the opportunity to increase customer retention and grow revenue. Also, “Paymode-X” bank customers and their suppliers realize dramatic savings in processing costs by converting to electronic payments and remittance information.

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Discover Business Watch Skyrockets 10.4 Points M/M

Small business economic confidence was way up in October for the second month in a row, as the Discover “Small Business Watch” jumped to 84.2 in October by 10.4 points from 73.8 in September. This biggest one month gain since April demonstrates From a political standpoint, 51% of small business owners say it would be better for the GOP to control Congress, 39% said it’s better for Democrats to remain in control, 12% aren’t sure; more small business owners report economic conditions for their businesses and for the country are getting better, with 28% of small business owners expecting economic conditions for their businesses to get better in the next six months, up from 20% last month, while 43% think conditions will worsen, down from 55%, and 24% expect no change. Meanwhile, 31% say the economy is getting better, up from 26% in September; 48% say it’s getting worse; 17% think it’s the same; 22% plan to increase spending, up from 16 percent last month; 46% plan to decrease spending, down from 57% in September; 30% expect no changes for the next six months; 46% have cash flow issues, unchanged from last month; 50% do not have cash flow issues; 61% rate the economy as poor, down from 68% last month; 31% rate it fair, 5% rate it good, and 2% rate it excellent. From a political standpoint, 51% of small business owners say it would be better for the GOP to control Congress; 39% say Democrats; 12% aren’t sure; 49% would choose the Republican candidate if the elections were held today, 38% would vote for the Democrat, 4% would choose another party and 9% are not sure.

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Starbucks mPayment Expands to Nearly 300 Locations

Starbucks expanded its “Starbucks Card Mobile” payment test to nearly 300 company-operated stores in New York City and Long Island, building on the successful launch of “Starbucks Card Mobile App” for BlackBerry, iPhone and iPod touch. Used by more than 71% of Starbucks smartphone-carrying customers, the iPhone and Blackberry will now provide their users in the New York City area payment convenience when they download the free “Starbucks Card Mobile App.” The app also allows customers to manage their card account, reload their card balance directly from their smartphone with a major credit card, check their “My Starbucks Rewards” status and find nearby Starbucks stores. With one in five of all in-store transactions paid for with a Starbucks Card, customers on track to load more than $1 billion on “Starbucks Cards” this year, and card sales up 17% over 3Q/09 with existing card reload up more than 59% in the same period, This latest development builds on the successful test program currently in 16 stores in Seattle and Northern California and at more than 1000 Starbucks in U.S. Target stores.

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Delta CU Members Warm-Up to Fiserv mBanking

Delta Community CU members have been feverishly adopting “Mobile Money” from Fiserv, currently used by more than 10,000 members (over 5% of the member base). The “Delta Community Mobile Banking” free mobile service provides members convenient and secure access to real-time account information through their cell phone, smart phone or other mobile device. Delta Community Mobile Banking was designed as a customized version of the credit union’s online service, optimized for any web-enabled mobile phone that supports WAP browsers, regardless of the make, model or mobile service carrier. Users can look at checking account balances, scheduling bill payments, transfer funds between accounts, review credit card transactions and locate Delta Community branch locations.

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YESPAY

YESpay International EMV Chip and PIN and E-commerce card payment service has released its promotional list of reasons merchants should implement its service. This includes its Pan-European EMV card payment solution, eliminating merchants involvement in EMV certification; Cost saving, charging only a single ‘Setup fee’ per POS; PCI-DSS Level 1 certification; PA-DSS certification; End-to-end encryption; and tokenization. YESpay provides highly secure Internet, EMV Chip & PIN, contactless and gift card payment processing services to independent and multi-chain merchants through “EMBOSS” Managed Payment Service, allowing users to accept integrated card payments within EPOS, kiosks, hospitality and e-commerce systems.

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OBERTHUR

Oberthur Technologies has won the “Best Prepaid Manufacturer” category at the 3rd annual Prepaid Awards 2010. These Awards were created to commend innovation and best practices within the prepaid industry while the “Best Prepaid Manufacturer” category recognizes Oberthur Technologies’ having delivered millions of prepaid cards globally each year through its Card Systems Division. Oberthur Technologies has been able to support the prepaid market globally and has driven continuous innovation with such prepaid solutions as its “Smart Seal” J-hook packaging; “Smart PIN” PIN number delivery service to the cardholder by text message; the “Smart One” card for individual picture cards; and multi-application prepaid contactless cards and stickers.

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NRT & SIMPLICIT-E

NRT Technology and Simplicit-e Gaming have formed a strategic partnership. With this, Simplicit-e will distribute NRT’s cash handling products in South Africa. Simplicit-e Gaming Solutions will also promote, sell and provide comprehensive support for NRT products. This initiative is consistent with NRT’s Global Expansion Strategy of partnering with companies with a grasp on regulatory requirements in the local casino industry. Simplicit-e already supplies products to 13 customers in 8 African Countries and has recently been awarded its National Manufacturer & Supplier Licence for the South African Gaming Industry by the Gauteng Gambling Board.

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X2

X2 Computing mobile computing solutions has made available its “X2410” and “X2415″ handheld computers for improved work flow and enhanced productivity in retail and POS apps and payment processing. The handhelds feature a 3.5” resistive touch, outdoor-viewable display with fully-integrated MSR, RFID reader and barcode scanners. The X2 handheld devices also include remote management software with rugged design for IP54 rating of liquid and dust resistance; hot-swappable batteries that support up to eight hours of use; programmable buttons; wireless networking; Bluetooth connectivity; and LED paging alert capability.

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