TSYS Renews Agreement with Sage Payment Solutions

TSYS Acquiring Solutions has extended its agreement with Sage Payment Solutions, the payments division for Sage North America. TSYS is the exclusive provider of authorization, settlement and terminal deployment services for Sage Payment Solutions, and this renewal ensures that the more than 155,000 merchants currently processing payments with Sage Payment Solutions can continue leveraging the flexibility and efficiency of TSYS’ technology. Sage Payment Solutions, the payments division for Sage North America makes electronic payment processing easy for more than 155,000 companies, allowing them to accept multiple forms of payment, including credit and debit cards, electronic checks, Check21, gift and loyalty cards, and automatic recurring payment.

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BACLAYCARD & AMT COFFEE

AMT Coffee has completed its national roll-out of contactless payment systems using Barclaycard technology. Unveiling of the new AMT Coffee bar marks the 65th branch to adopt contactless payments. AMT Coffee is already seeing that contactless is making the payment process more efficient and improving the overall experience for its customers, with them enthusiastically commenting on the ease of purchase. Barclays and Barclaycard are the leading providers of contactless debit and credit carrediredit cards and terminals in the UK. Since September 2007, they have issued over 25,000 contactless terminals, enabling retailers to manage transactions quicker and easier.

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Cougar Mountain Software PCI Compliant With Denali Update

Cougar Mountain Software remains PCI compliant with their latest update release for the Denali accounting software product line. To ensure that Denali remains PCI compliant, Cougar Mountain Software has teamed up with Merchant Warehouse for its “MerchantWARE TransPort” PA-DSS certified payment processing solution. As a result, MerchantWARE TransPort (MWT) now becomes the embedded solution that allows Denali to meet the mandated PCI software guidelines and remain in compliancy. MerchantWARE TransPort is a web-based application that works with Denali’s Accounts Receivable, Point of Sale, and Order Entry modules.

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ATM PROTOTYPE

Splendia luxury hotel brand has implemented GlobalCollect to facilitate credit card payments from across the world, with the option to explore alternative payment methods at a later stage. With this, Splendia also takes advantage of GlobalCollect’s ability to handle multi-currency transactions; to offer online customers the convenience of paying in their domestic currency adds a competitive edge to Splendia’s reservation platform. On the back-end, GlobalCollect’s single-interface payment platform accommodates multi-currency fund remittance in up to 26 currencies, while issuing a single report, simple reconciliation, and either single- or multi-currency funding to its e-commerce merchants.

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KeyCorp Selects Nice Actimize Fraud protection

KeyCorp has signed an agreement with Nice Actimize to further strengthen its ability to proactively detect and mitigate consumer fraud. NICE Actimize financial crime, risk and compliance solutions will enhance Key’s existing fraud strategy with behavior-based analytics to more quickly identify acceptable transactions while helping to prevent unauthorized activities within KeyCorp’s consumer, small business and commercial banking segments. The NICE Actimize technology applies unique algorithms and analytical models for consumer, small businesses and commercial customers for optimal fraud protection.

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iCARD Launches New Gift Card Solutions

In addition to its reloadable and single-load prepaid Visa cards, iCARD is making available its bulk merchant gift cards and “Super Gift Cards.” These can be emailed or printed, and then redeemed for any of 170+ different merchant gift cards. The latest version of the iCARD “Super Gift Card” is only redeemable for electronic gift cards, making it an environment-friendly option. iCARD online platforms to support ordering, online merchandising, and fulfillment solutions for both corporations and entrepreneurs helps ensure the success of gift card programs in multiple industries.

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QIB MASTERCARD DEBIT

MasterCard Worldwide announced a 5 year Premium debit agreement with Qatar Islamic Bank (QIB) Islamic bank MasterCard issuer. The strategic agreement will streamline QIB’s Premium Debit MasterCard issuance, while offering more benefits and enhanced insight as the Bank manages its premium debit portfolio. Initiated to provide added value to QIB’s premium customers, the MasterCard-QIB agreement will give customers the flexibility, convenience and security they have come to expect when using MasterCard cards. QIB will issue PIN based Premium Debit Cards to its VVIP and affluent client base.

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CUs Having Deployed Fiserv mMoney Hits 150 Mark

Fiserv financial services technology solutions announced 150 credit unions to date have implemented its “Mobile Money,” 84 of which are already live. The “Mobile Money” solution allows credit union members the flexibility to use any mobile device to check account balances and history, transfer funds, pay bills, and track account activity. It supports SMS (text messaging), mobile browser, and downloadable applications and is available as an in-house solution or hosted by Fiserv through an application service provider (ASP) model. The ASP version of “Mobile Money” offers a cost-effective option requiring little administration on the credit union’s part and implements industry standard data encryption, along with additional risk management safeguards. The solution integrates seamlessly with multiple online banking and online bill payment solutions.

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NETS

NETS electronic payments provider has added more than 1,000 touch points for its “FlashPay” (NFP) card by extending the top up service across all MRT stations, bus interchanges and bank ATMs. With this, consumers can top up their NFP cards at all TransitLink Ticket Offices, TransitLink Add Value Machines, SMRT Passenger Service Centres (excluding Circle Line), 7-Eleven, Cheers and SPH Buzz stores, iNETS kiosks as well as all DBS, OCBC and UOB ATMs. Additionally, customers can win over S$100,000 worth of free rides as part of the NETS “Win Free Rides'” campaign when they use their NETS FlashPay Card on the MRT/LRT, public buses, at all 7,000 NETS FlashPay retail acceptance points islandwide and when they top up their cards.

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SIA Appoints New President

Brian C. Toohey took office as president of the Semiconductor Industry Association (SIA). Most recently senior VP of the Pharmaceutical Research and Manufacturers of America (PhRMA), Brian previously held senior management positions at DEKA R&D Corporation, AirCell, Inc., and the U.S. Department of Commerce. SIA will complete a relocation of its headquarters from San Jose, California, to Washington, D.C. in September. SIA is America’s number-one export industry over the past five years and seeks to continue U.S. leadership in this critical sector that employs 185,000 people in the U.S., and provides the enabling technology for America’s $1.1-trillion high-tech industries with a U.S. workforce of nearly 6 million people.

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AMICO

Amico Games mobile phone multi-player networked games, is encouraged by a recent government policy regulating online payment and settlement gateways. The People’s Bank of China will issue licenses to non-bank payment and settlement gateways commencing this September. All third-party payment agencies in China are required to submit an application along with their financial reports and client information in order to receive this license, subject to the central bank approval. This is the first time that the central bank has authorized service providers, other than banks, to participate in online payment collection through Internet, top-up phone cards and digital TV.

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