TRANSFORMERS CARD

In-application billing and mobile software license management solution provider Tanla will be launching it’s “On-device payments and preloaded content distribution partner program” to coincide with the Mobile World Congress in Barcelona on 16 February 2010. Tanla’s partner program will be launched at a special event at the “Mercat de le Flors Theatre” in Barcelona on 16th February. The developers program will be announced by Tanla and will be supported by presentations from Carphone Warehouse, Sony Ericsson, Accumulate and a panel session hosted by Tim Green, Editor, Mobile Entertainment Magazine.
Tanla already has over 200 application developers using their payments and license management solution. With the launch of the Tanla distribution partner program they aim to expand the list of content providers and distribution partners.

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VESTA

E-payment solution provider Vesta has announced the availability of version 5.0 of its industry-leading secure Mobile Payment Platform. The 5.0 version of the Mobile Payment Platform offers a dynamic business reporting portal and Vesta’s token service that provides robust self-care functions and isolates operators from PCI compliance requirements. Enhancements for mobile subscribers include Vesta’s quick code functionality which enables even faster payments through multiple channels; wallet functions supporting multiple users and payment devices; and the integration of social networking applications where subscribers can request, send and receive payment-related gifts. With the growth of mobile payments, and the increased diversity of new payment channels and methods, Vesta continues to place utmost importance on safeguarding the security and privacy of customer payment information. Vesta’s Mobile Payment Platform is fully compliant with the PCI data security standard (PCI DSS) as mandated by the payment card networks, ensuring best practices when handling sensitive card holder information. This compliance relieves the operator from the costs and burdens of maintaining compliance themselves, even through emerging channels like handset applications.
Vesta helps mobile operators better understand customer behavior by analyzing payment usage and demographic data, allowing the operator to effectively up sell and cross sell, establish targeted marketing campaigns and optimize their prepaid and postpaid subscriber portfolios.

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40% of Consumers Fear Card Rate Cap to do More Harm than Good

The results of a new survey by CardRatings.com indicate that 40% of consumers think
the credit card rate cap will actually do more harm than good.
The law capping credit card limits at 16% is a stipulation of the
Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of
2009, which was designed primarily to protect Americans from unfair rate
hikes and notorious credit card fine print. CardRatings.com has been educating consumers about credit cards since
1998 and has been featured by hundreds of media outlets, including The
Wall Street Journal, Good Morning America, The New York Times, and The
Today Show and has become the most
comprehensive free source for comparing credit card offers and has
helped over a million people find the best credit cards for their
individual needs.

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Heartland Chairman and CEO Elected to Payments Security Board

Heartland Payment Systems’ Chairman and CEO Bob Carr has been elected to the 2010 Secure POS Vendor Alliance (SPVA) Board of Directors. Carr will continue to help advance data security through his appointment as Associate Member Director. The SPVA nonprofit organization comprised of payments industry leaders who work with multiple stakeholders in the payment value chain to develop an end-to-end security framework and enhance the security of payment solutions. Carr has also been a driving force in the formation of the Payments Processing Information Sharing Council (PPISC), a forum for sharing information about fraud, threats, vulnerabilities and risk mitigation practices in the payments industry, for which he is also the chair.

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Affinity&Tempo Partner for Affinity Card Program

Affinity and co-branded card provider Tempo has partnered with CA-based
In Defense of Animals to offer an affinity card that gives back to the IDA.
Every time In Defense of Animals debit cards are used to make a
purchase, IDA will receive a portion of standard card transaction fees.
The cards can be used anywhere Debit MasterCard cards are accepted and
also provide cash-back and ATM withdrawal access to the cardholders’
existing checking accounts. Tempo-enabled debit cards are affinity
partner-branded, generate
valuable cardholder rewards, and can be used for online and offline
purchases and ATM withdrawals. Working with First Bank& Trust, Tempo
manages all aspects of card issuance, including risk management,
application processing, card fulfillment, authorization and settlement.
IDA is an international
non-profit organization with a distinguished record for challenging the
exploitation and abuse of animals by protecting their rights, welfare
and habitats.

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MasterCard & Equity Group Introduce Kenyan Scholarship

The MasterCard Foundation and the Equity Group Foundation (EGF) have introduced a joint program to provide $4.6 million in comprehensive educational support to 676 secondary students in Kenya over the next five years. Providing comprehensive scholarships to 332 academically gifted yet financially disadvantaged students, enabling them to complete secondary school in Kenya, the program will provide leadership development, career guidance and mentoring to an additional 344 secondary school students. Only 64% of primary students enter secondary school and even fewer graduate in Kenya thanks to the cost of education; lack of access to schools, particularly in rural areas; and the need for poor youth to work to contribute to the household income. EGF, through Equity Bank, will oversee the distribution of funds using its extensive branch network.

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Winner Named in Paymetric’s President’s Award

Paymetric enterprise payment acceptance solutions announced the winner of the company’s inaugural President’s Award (Employee of the Year), Lanre Sewoniku, Client Services Director. He will be awarded a $250 Visa gift card for his accomplishment. Specifically, Sewoniku innovated several of Paymetric’s client service processes in 2009 which are now in the process of being rolled out company-wide. He also successfully transitioned his team from an on-site “bull pen” environment to a virtual environment, allowing his team members to collaborate more efficiently and effectively every day through a technology-supported virtual office. he was recognized namely for his responsible attitude toward and sustained performance of assigned duties; Significant and positive impact on Paymetric; Problem solving skills; Supporting revenue objectives for the company and Creating operational efficiencies, among many others.

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Almost 19% of Men Pressured to Buy Valentines Gifts

Nearly 19% of men feel they have to buy their sweetheart something to say “Be Mine” this Valentine’s Day, compared to only 7% of women. Women use Valentine’s Day to reach out to a wider circle of friends and family with a growing list of gift recipients that goes beyond significant others to include parents (65%), grandparents (13%), siblings (54%) and even friends (58%) and colleagues (13%). This, according to the second annual MasterCard Canada Valentine’s Day Survey, also showed 7% of Canadians admit to receiving practical items such as furniture, tools and appliances while 19% received toys, gag gifts, funny clothing or novelty items. The most popular Valentine’s Day presents include giving cards (36%), romantic dinners (32%) and candy / chocolate (30%).

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Velocita & Inventrak Deploy Wireless POS Processing

Velocita Wireless M2M wireless data network provider, along with InvenTrak, for the fourth consecutive year were chosen to provide the wireless network
for all merchandizing Point-of-Sale transactions at the NFL Pro Bowl and Super Bowl XLIV. InvenTrak Retail Merchandise Management opened and operated 300
wireless POS terminals in temporary facilities in and around Miami’s Dolphin Stadium to process sales of official NFL merchandise. The transactions will run
on a customized Velocita Wireless telemetry network for machine-to-machine transactions and set up on-site specifically for these two events. The partnership is
designed for high-volume credit-card processing on the customized Velocita Wireless Mobitex network.

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Vesta Makes Available v5.0 Mobile Payment Platform

Vesta Corporation electronic payment solutions has made available its version 5.0 secure “Mobile Payment Platform.” Allowing wireless operators worldwide to increase subscriber ARPU and accept more payment types, the “Mobile Payment Platform” allows PCI compliance through a managed service. For operators, the 5.0 version of the Mobile Payment Platform offers a dynamic business reporting portal and Vesta’s token service that provides robust self-care functions and isolates operators from PCI compliance requirements. Enhancements for mobile subscribers include Vesta’s quick code functionality which enables even faster payments through multiple channels; wallet functions supporting multiple users and payment devices; and the integration of social networking applications where subscribers can request, send and receive payment-related gifts.

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Affiliated Computer Services Acquired by Xerox

Business processing outsourcer Affiliated Computer Services has been
acquired by Xerox. ACS will initially be branded ACS, A Xerox Company.
It will continue to be led by Lynn Blodgett, who has been elected by the
Xerox Board of
Directors as an executive vice president of the corporation. Blodgett
will report to Burns. ACS is the largest diversified business process
outsourcing (BPO) firm
in the world. Its expertise is in automating work processes and
providing BPO and IT outsourcing services that range from processing
over 1 million credit card applications and 12 million student loans
each year to providing HR services for more than 4.4 million employees
and retirees annually.

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NEC Display Solutions Adds New LCD Display to its P Series

LCD display and projector provider NEC Display Solutions of America announces
the addition of a new size to its P Series, the 70-inch P701
LCD display for digital signage. Along with
providing full connectivity, including DisplayPort for maximum
flexibility and Ethernet connection for ease in remote monitoring, the
P701 touts more than 30 built-in features in its Enhanced Digital
Signage Technology Suite. Among these are TileMatrix™, which enables
customers to create a video wall of up to 100 displays in a 10×10
matrix, an ambient light sensor, which automatically adjusts the display
according to the amount of surrounding light to guarantee consistent
brightness no matter the lighting conditions, and a built-in scheduler,
which enables the advanced scheduling of monitor powering up/down.
Additionally, the expansion slot allows seamless integration of NEC and
third-party components, increasing the types of environments in which
the P701 can be used.
This commercial-grade display, which
joins the 40-inch P401 and 46-inch P461, is designed for the rigors of
24/7 applications such as airports, public information, healthcare,
rental and staging, boardrooms and some specialty professional
applications where eye-catching digital signage is required.

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