Alta Intros MIL-STD-1553 PCI Express Products

Interface card and software supplier Alta Data Technologies has released two new MIL-STD-1553 products for PCI Express (PCIE) systems: One (1L) and four lane (4L) PCIE-1553 interface cards. These cards provide many industry-first features, including the first low profile PCI Express 1553 interface card. The PCI Express 1553 cards support Windows, Linux, RTOS and LabVIEW systems and are the only products that can run and execute the SAE AS4111 5.2 RT Validation tests, and thus, truly 1553B Notice II and IV compliant. Alta’s PCI, PCI Express, PMC, XMC, PCCARD, VPX, cPCI/PXI and PCI ExpressCard interfaces offered in high-density channel configurations, IRIG Time Code Decoder, Triggers, Discretes and the advanced AltaAPI software tool kit package.

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Olympic Winter Games Gives Serious Boost to Vancouver Tourism

International visitors to the Vancouver 2010 Olympic Winter Games have spent nearly US$5.2 million on their Visa cards on the Opening Day alone in the Province, a 46% increase over the same day last year. The biggest Visa spenders were from the US, followed by China, the UK, South Korea, Australia, and Hong Kong, allof whom accounted for over 70% of all Visa card spending that day. As a sponsor of the Olympic Games for the past 24 years, Visa has installed a special ATM network and more than 800 POS acceptance devices at competition and non-competition venues. Only Visa credit, debit, prepaid and Visa electron cards are accepted at all POS card acceptance devices and ATMs in 2010 venues.

TOP 10 VISA O-DAY SPENDERS
US $2.3mm
CHINA $395,000
UK $290,000
SKOREA $220,000
AUS $213,000
HK $209,000
RUS $180,000
JAP $177,000
BZ $105,000
GMY $98,000
SOURCE:Visa

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Euronet Worldwide Reports $30mm Revenue Increase Y/Y

Euronet Worldwide posted fourth quarter revenues of $285.6 million, compared to $255.7 million for 4Q/08, while operating income hit $22.5 million, compared to an operating loss of $198.3 million in 4Q/08. Adjusted operating income was $22.5 million compared to $21.8 million the year ago period, adjusted EBITDA was $39.6 million compared to $35.9 million 4Q/08, net income was $8.2 million compared to a net loss of $192.7 million in 4Q/08 and transactions totaled 395.8 million, compared to 377.7 million year over year. Meanwhile, Euronet Worldwide posted 2009 fiscal revenues of $1,032.7 million, compared to $1,045.7 million for 2008. Additionally, Operating income was $72.3 million, compared to an operating loss of $149.0 million in 2008; adjusted operating income was $77.8 million, compared to $74.1 million; Adjusted EBITDA(2) was $141.6 million, compared to $139.0 million; Net income was $30.4 million compared to net loss of $193.5 million; and transactions totaled 1,497.7 million, compared to 1,402.0 million for 2008. For complete details on Euronet’s fourth quarter results visit CardData (www.carddata.com).

QUARTERLY REVENUE
QTR REV($mil)
1Q/09 233.7
2Q/09 248.6
3Q/09 264.8
4Q/09 285.6
SOURCE: Cardata

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Comverse Offering ONE Billing Mobile Combo

Value added service provider Comverse has combined its “ONE Billing” and
“Active Customer Management” with mobile internet solutions.
The combined solution bridges a carrier’s IT organization with its
network operations. It also unifies
sales, marketing, ordering, billing and customer management around a
single data model and provides full convergence across any network, any
service, any content and any payment type. By centralizing customer
information, eliminating integration points, and delivering a single
marketing-driven product catalog, the Comverse ONE BSS offering enables
operators to quickly introduce and monetize new services, while
providing a consistent and interactive customer experience regardless of
customer touchpoint. Comverse’s Mobile Internet HUB provides an open,
modular offering of
Deep Packet Inspection, Policy Management and Enforcement& Data
Charging, which addresses operator’s key business needs around resource
utilization, customer experience and monetization.
With this combined solution, operators can better manage network
capacity, offer segmented price plans, prevent bill shock for
subscribers, deliver Quality of Service (QoS) guarantees, and impose
fair use limits on high users.

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Tenable Product Suite Awarded PCI-DSS

MD-based Unified Security Monitoring provider Tenable Network Security has received Common Criteria certification for Tenable’s Security Center. Tenable’s Common Criteria-certified product suite includes vulnerability management, log management and visualization solutions for IT procurement managers in the Federal and commercial sectors requiring conformance to a common ISO-based standard for assessing product security.
Tenable’s Security Center product has been certified under Common Criteria (CC) Evaluation at Evaluation Assurance Level Two Augmented with Flaw Remediation (EAL2+). The Target Of Evaluation (TOE) includes all the elements that comprise a full deployment of the Security Center suite: Security Center (SC), Nessus Vulnerability Scanner (Nessus), Log Correlation Engine (LCE) and the LCE Clients, Passive Vulnerability Scanner (PVS), and the 3D Tool (3DT).

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TriGeo Unveils 5th Gen SIEM Solution

Security information provider TriGeo Network Security has launched TriGeo SIM Version 5.0 SIEM solution designed specifically for midmarket organizations in financial services. TriGeo’s new, high performance, high compression database substantially accelerates data analysis and report performance, providing near-instant insight into network activity.
Powerful application layer monitoring and integrated threat management. TriGeo captures and correlates events from every layer providing complete visibility and proactive network defense. Its powerful rule builder comes stocked with more than 650 pre-configured correlation rules and dozens of active responses that empower IT teams to immediately address unique security concerns like account lockouts or unauthorized installation or use of third-party applications. TriGeo’s live data storage capacity eliminates the need for external storage arrays, and enables customers to quickly pull data to meet any regulatory requirement.
Real-time monitoring and enforcement of USB devices. TriGeo’s advanced USB-Defender provides endpoint detection and protection capabilities with local policy enforcement that prevents the use of unauthorized USB devices on all connected, mobile and even disconnected systems.

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Most Fraud Victims Happy With Issuer Response

Results from a new Auriemma report indicate that 74% of victims of card
fraud are very satisfied with their card issuer’s response.
Customer satisfaction with the way the issuing bank responded has also
increased, especially in the case of fraudulent activity: 74% were
“very”’ satisfied and another 19% “reasonably” so with their card
issuer’s actions to rectify the problem. Additionally, consumers who had
been the victim of credit card fraud actually show higher levels of
trust and confidence in the ability of their bank to keep their account
information safe than do cardholders who’ve never had the problem.
Using new technologies, issuers have in fact made progress in resolving
cases of identity theft and card fraud, also consumers have noticed and
acknowledged their efforts.

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Maritz Buys AmEx Minority Stake in AmEx Incentive Services

Maritz Holdings has bought AmEx’ minority interest in American Express Incentive Services (AEIS), which is now subsequently entirely owned by Maritz Holdings and its affiliates. Terms of the agreement were not disclosed. Following this transaction, AEIS continues to operate as an independent entity and will change its corporate name and re-brand itself before the end of 2010, but will remain an independent issuer of prepaid products on the American Express® network. AEIS also will remain an authorized seller of American Express-branded prepaid products, to which it is committed to continuing its strategic commercial relationships. MO-based Maritz is a sales and marketing services company, which helps companies achieve their full potential through understanding, enabling, and motivating employees, channel partners and customers.

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Merchant Warehouse Payment Processing Awarded

Merchant Warehouse merchant accounts and credit card processing solutions has received a “Best Channel Vendor” award from the Business Solutions Best Channel Vendors report, which is based on a survey of resellers conducted by Business Solutions Magazine (BSM). This year the volume of responses was higher than ever with 1,354 resellers who represent an estimated $8.8 billion in annual sales and cast over 12,000 votes for a variety of categories. Namely, Merchant Warehouse won Best Channel Vendor for payment processing, with votes bringing them recognition in the “Channel Friendly” and “Channel Program” categories. As part of the survey, VARs and ISVs were asked to rate their vendor partners on margins, overall channel program, service/support and friendliness, as well as the vendor’s product features, reliability and innovation.

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G&D

Giesecke & Devrient (G&D) has developed the first prototype of a complete security platform for a mobile handset, with Qualcomm Incorporated’s support, and will be displaying its proof-of-concept solution running on Qualcomm’s Snapdragon chipsets at Mobile World Congress in Barcelona this week. The demo will show how the MobiCore(C) secure application environment and the Snapdragon’s security architecture delivers a complete ARM TrustZone technology-based security platform to address the requirements of services ranging from mobile payment with secure PIN entry and content management to key management and general user authentication. The MobiCore environment provides a fully certifiable security solution that enables applications using dedicated security solutions today to be integrated into advanced mobile devices based on Qualcomm’s Snapdragon platform. Additionally, G&D and Toro Development are working together to develop a cutting-edge offering for mobile financial applications based on G&D’s Mobile Security Card and TORO’s Akami mobile platform. Both companies are contributing their respective expertise in hardware, firmware, middleware, mobile software, and system architecture to create a platform offering system integrators, financial service providers, and retailers fast time to market for a proven secure mobile solution. This new offering brings to the market a series of stand-alone solutions for secure applications that will not necessarily evolve toward near-field communication (NFC), such as mobile banking, mobile remittance and mobile ATM. The Mobile Security Card originates from Giesecke & Devrient Secure Flash Solutions (G&D SFS), a joint venture between G&D and the flash controller supplier Phison Electronics.

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DeviceFidelity and Visa Partner to Offer mPayments

TX-based “plug and play” programmer DeviceFidelity has teamed with Visa to enable mobile phones as payment devices.
Combining the Visa “payWave” contactless payment technology
and DeviceFidelity’s “In2Pay” technology, the partnership transforms a mobile
phone with a microSD memory slot into a mobile contactless payment
device. The “In2Pay” solution conforms to the industry standard for memory chips,
microSD, and fits into the memory card slot found in many existing
mobile devices in market today. In2Pay integrates seamlessly with multiple mobile phone operating
systems, enabling a flexible application interface and interactivity
with the consumer, using an onboard software controlled antenna
and an industry standard dual interface contactless smart card chip that
supports Visa payWave, along with other contactless applications.
Trials are scheduled to begin in the second quarter of 2010.

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MAESTRO

In response to the recent announcement made by the Competition Bureau, MasterCard Canada issued a statement that supports market-driven competition in debit and the removal of barriers to such competition.
MasterCard reiterates the following key points regarding Maestro
debit: MasterCard Canada is actively expanding its Maestro debit product in
Canada and is delivering compelling benefits to consumers and merchants.
Since late 2008, MasterCard has been working with acquirers to facilitate Maestro acceptance for merchants who choose to accept it
There are many Canadian merchants already accepting Maestro and seeing the benefits of a less expensive, technologically superior
debit system. Both BMO and CUETS have Canadian cardholders with Maestro active on
their cards and MasterCard continues to discuss Maestro with other issuers. Merchants control the decision to add Maestro debit capability to
their terminals. MasterCard does not endorse cardholder-directed
routing of debit transactions as it puts merchants at a disadvantage. Maestro has a flat fee, and no interchange and is less expensive for merchants than all debit offerings in
Canada. Maestro offers merchants the ability to process the Maestro payments
of more than 650 million global cardholders as well as those of
Canadians with Maestro. MasterCard operates a global debit system that delivers significantly
greater scale than Canada’s incumbent debit network. The Maestro debit
network has had virtually zero downtime in more than seven years. The
system co-processes at three distinct sites for flawless execution and
can scale up to 32 times its average peak capacity.

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