ADITYA BIRLA MINACS

Aditya Birla Minacs has been certified as PCI-DSS compliant as a Level 1 Service Provider. Minacs is now in a select group of about 15 entities globally that are deemed certified and listed as such across multiple jurisdictions. This current certification spans both North America and the Asia Pacific regions. Aditya Birla Minacs business solutions company partners with global corporations in the manufacturing, retail, telecom, technology, media and entertainment, banking, insurance, healthcare and public sectors through 16,000 Minacs experts across 3 continents and 32 centers.

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Credit Card Use Projected to Fall Below 50% of Payment

The recession has produced a risk-adverse cautious consumer whom prefer to pay-now with cash, checks, debit, prepaid and gift cards at a higher rate. This leaves credit card use plummeting, given among the 11% of consumers with an increased ability to save, 46% have decreased the use of their credit cards and 51% have decreased their spending on discretionary goods. This, according to the Javelin Strategy & Research report “Payment Card Issuer Strategies 2010: The Rise of the Cautious Consumer,” also shows credit card use among consumers decreased 31% between 2007 and 2009 from 87% to 56%, respectively, and is slated to fall below 50% while 80% of consumers cited “no annual fee” as the most important criterion when choosing a new credit card.

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EUROCLEAR EXEC

Euroclear has appointed Lieve Mostrey Executive Director, Chief Technology and Services Officer. Having began her career in 1983 within the IT department of Generale Bank in Brussels, moving to operations in 1997, eventually to become country manager for Fortis Bank Belgium, Mostrey was most recently appointed COO with Fortis Bank where she has sat since 2008. She was also a Non-Executive Director of the Boards of Euroclear PLC and Euroclear SA/NV between 2006 and May 2010. With her latest appointment, Mostrey will become a member of the Euroclear Group Management Committee and an Executive Director of the Board and will oversee all technological and operational aspects of the business.

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Patent Office to Examine InComm Patent, Per Blackhawk

Blackhawk Network prepaid and financial payments announced InComm’s “e2Interactive’s” US Patent No. 7,578,439 (the ‘439 patent) is being reexamined by the United States Patent and Trademark Office (USPTO). In a complaint filed in the United States District Court for the Western District of Wisconsin, InComm has alleged that Blackhawk infringes the ‘439 patent. Blackhawk denied that it infringes and alleged in defenses and counterclaims that the ‘439 patent is invalid and unenforceable. On June 28, Blackhawk also requested that the USPTO reexamine the ‘439 patent on the grounds that the claims of the ‘439 patent should not have been issued and that substantial new questions existed regarding the patentability of those claims.

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USA Tech Improves Ranking as POS Terminal Shipper

USA Technologies has improved its ranking as a leading shipper of POS terminals to 6th in US for 3rd successive year and ranks 31st worldwide. This, according to the Nilson Report, comes after USA Technologies ranked 34th for the previous two years. The USA Technologies’ ePort Connect service provides a one-stop shop for wireless, unattended cashless transactions technology, handling everything, from account set-up and management, to 24×7 customer support. USA Technologies provides networked credit card and other non-cash systems in the vending, commercial laundry, hospitality and digital imaging industries.

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OPTIMUM

AZ-based Hypercom Corporation announced that the Cielo payment network has selected, purchased and is deploying 30,000 Hypercom “Optimum T4205” countertop terminals to merchants throughout the Country. Expected to be completed by the end of this month, this represents a significant expansion of Hypercom’s high security product portfolio in Brazil. The Cielo electronic payment network is among the 5 largest in the world while Hypercom delivers a full suite of high security, end-to-end electronic payment products, software solutions and services in more than 100 countries.

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Hypercom Deploys 30,000 Terminals Across Brazil

AZ-based Hypercom Corporation announced that the Cielo payment network has selected, purchased and is deploying 30,000 Hypercom “Optimum T4205” countertop terminals to merchants throughout Brazil. Expected to be completed by the end of this month, this represents a significant expansion of Hypercom’s high security product portfolio in Brazil. The Cielo electronic payment network is among the 5 largest in the world while Hypercom delivers a full suite of high security, end-to-end electronic payment products, software solutions and services in more than 100 countries.

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NCR

Unicredit Bank financial services is installing NCR Corporation’s “Solidcore Suite for APTRA.” A multivendor ATM software security solution with real-time centralized management that prohibits the introduction of unauthorized code on ATMs and protects them from insider attacks, the software is being installed across the entire Unicredit multivendor ATM network. NCR Solidcore for APTRA proactively allows only authorized code to run, rather than reacting to known attacks as they arise. Specifically, Solidcore for APTRA automatically creates and updates the inventory of good code and protects the system’s memory so that authorized code cannot be modified, deleted or hijacked — the process in which malicious code replaces authorized code with itself.

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Merrimack Distributing Deploys OnTrak POS Software

OnTrak Software Web-based software ‘at-retail’ marketing materials has deployed its “SignTrak” mobile solution that increases sales through the ordering, tracking and management of printed POS signs for Merrimack Valley Distributing Company. With “SignTrak,” Merrimack will reduce costs and improve efficiency for its entire sign ordering, sign management and sign shop operations. Merrimack Valley Distributing will have access to improved sign shop management; Control and visibility into the entire POS signage process; elimination of errors and reworks; amd reduced time-to-market ahead of competition.

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On Track Innovations to Present at Investment Conference

On Track Innovations contactless microprocessor-based smart card solutions for payments, petroleum payments and other applications will be presenting at the Rodman & Renshaw Annual Global Investment Conference’s Technology Track in New York. A presentation regarding OTI’s market positioning, financial performance and strategic direction, the president of the Company will lead discussion. Applications developed by OTI include product solutions for “SmartID” for national ID cards, e-passports, driver’s license, and voter ID; Payments supporting MasterCard and Visa contactless payment programs and “EasyPark” in-vehicle parking meter solution.

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