ThingMagic RFID technology has been ranked in the overall top position of the Embedded Passive UHF Reader Module Vendor Matrix1 released by ABI Research. ABI Research Vendor Matrices are analytical tools developed to provide a clear understanding of vendorsâ positions in specific markets, assessing vendorsâ âinnovationâ and âimplementationâ across several criteria. The “Mercury5e” (M5e), a one watt, credit card sized reader, ideal for adding UHF RFID read and write capabilities to a wide range of fixed and mobile readers while the M5e-Compact (M5e-C), roughly half the size of the M5e, is ideal for solutions where small size and low power consumption are essential. For reading and writing RFID tags using a ThingMagic reader module, including sample applications, sample RFID tags, and ThingMagicâs Reader Assistant graphical command and demonstration utility, “Mercury 5” modules are evidenced by the use of its RFID reader modules by many leading device manufacturers and solution providers.Details
Most consumers welcome bank debit cards as a convenient means to obtain cash and to pay for anything, although they carry with them risks and the potential for fraud. This potential is eliminated when the payment card is used as âcreditâ at the POS. In doing so, the payment is applied to their account in the same manner as an actual debit transaction, the key difference being the transaction is covered by the Visa or MasterCard fraud detection and prevention network, depending on the association through which your debit card is issued, which is bypassed with the debit functionality. This opens the cardholder to card replication and subsequent fraud.Details
Windstream has introduced its “Identity Theft Protection,” designed to keep customers informed of attempts to steal their personal information and credit identity to use without their knowledge. A personâs identity is stolen every three seconds in unimaginable ways to open credit cards, apply for loans, rent an apartment or even apply for a mortgage, potentially costing the victim thousands of dollars, ruining their credit. Shielding the customerâs personal information and confidential data, the new solution offers users a 10-year audit of a customerâs Social Security number to determine who is using it; assisting in receiving annual credit reports; Freezing, canceling or replacing payment and ID cards in the event they are stolen; removal from pre-approved or pre-screened credit card or insurance offers; and a dedicated 800 number for Windstream customers to call with questions or for assistance.Details
Anderson Zaks independent payment solution provider offering innovative, integrated transaction processing software, is to supply its “RedCard” managed service solution to the Seatem Group. The RedCard system enables customers using Seatemâs theater ticketing system enta to pay for their tickets using a payment card, which is hosted by Anderson Zaks and is fully compliant with the latest PCI DSS requirements. Anderson Zaks “RedCard” system has been proven to be able to handle the volumes required. Anderson Zaks payment solutions supplies integrated transaction processing software to deliver reliable and cost-effective electronic payments to many thousands of merchants.Details
U.S. Bank is offering relief for escalating baggage fees charged by
airlines by increasing the allowance on the “FlexPerks Travel Rewards
Visa Signature” card. When FlexPerks Travel Rewards cardholders redeem FlexPoints for an airline award ticket they will also get a $25 allowance for that trip to help pay for baggage, in-flight food and drink or other airline fees. The innovative benefit, which was previously set at $20, was designed to enhance the overall award travel experience and help drive home the notion that free award travel should actually be free. U.S. Bank introduced FlexPerks in mid-2009 and in December was named the âBest Credit Card if You Want Travel Perksâ by Kiplingerâs Personal Finance. FlexPerks enables customers to quickly earn points toward free flights â which can be redeemed with as few as 20,000 FlexPoints for airline tickets valued up to $400 on over 150 airlines with no blackout dates, capacity controls or e-ticket booking fees.
The Home Depot has transitioned to Fujitsu “U-Scan” self-checkout software in their U.S. and Canadian retail stores. The “U-Scan” application has open integration architecture utilizing a unique Virtual POS to enable retailers to implement business critical POS software changes while avoiding costly and complicated self-checkout re-integration and lengthy testing cycles. The self-checkout software provides retailers an open platform that can run on other self-checkout hardware platforms; offers the flexibility to quickly make changes to their POS system; can be easily customized to give retailers a unique experience; and its messaging framework architecture allows customer’s POS to communicate efficiently and directly with the U-Scan self-checkout software.Details
CompSource eCommerce electronics retailer in the United States, has signed an agreement to integrate Mazooma online debit payment solution for U.S. consumers on its website, www.compsource.com. This allows CompSource customers to pay directly from an online back account by selecting Mazooma at checkout, offering convenience and security. Mazooma supports 75 percent of all consumer bank accounts in the U.S. and has no jurisdictional limitations. The debit payment solution is being enabled with CompSource through OH-based Cardinal Centinel technology platform for enabling alternative payment brands in both eCommerce and mobile Commerce.Details
Totaldebtrelief.net is recommending debt settlement as an alternative to bankruptcy.
As has recently been made public by FICO, a bankruptcy filing will cause the consumer’s credit score to drop by up to 260 points and will remain on the consumer’s credit record for 10 full years. During this time it will be virtually impossible to obtain needed credit. Consumers who file bankruptcy can also expect to be required to pay hefty fees when requesting future utilities such as gas, electricity, home phone, cell phone, water, etc. The consumer who files for bankruptcy can also expect to be denied an apartment rental as well as possibly be passed over for a job, as more and more employers these days perform credit checks as part of their routine job applicant screening process. When it comes to debt consolidation/home equity loans, what the consumer in fact is doing is exchanging unsecured for secured debt — thereby risking losing their home if they are unable to make their home equity loan payments. The most effective debt relief program in existence today is known as Debt Settlement. This program achieves debt elimination of 50% or more in almost all cases without the need for a bankruptcy filing.
First Data electronic commerce and payment processing converted National Bank of Kuwait’s credit card portfolio to “FirstVision” global issuing and consumer finance processing solution, in conjunction with the renewal of First Data’s processing contract with the bank for an additional five years. The contract stipulates First Data will continue to provide a range of processing solutions and fraud management services to the bank for its credit card portfolios. National Bank of Kuwait has been a First Data client since 2001 and conversion to FirstVision has enabled the bank to expand further beyond its domestic market and offer credit cards in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates.Details
Citi’s “Instant Citi Rewards” program has been introduced to its more than one million credit cardholders in the Philippines. The program allows cardholders
instant reward redemption at many stores and restaurants nationwide when cardholders use Citi Classic Visa and MasterCard, Citi Gold Visa and MasterCard and Citi
Platinum Visa to pay for up to 50% of their purchases. The “Instant Citi Rewards” can be used when the cardholder informs the merchant that partial payment
will be made with Citi Rewards Points. Any portion of the bill can be paid using accumulated points and the rest to their credit card. There are no expiration
dates for Citi Rewards Points and users can enjoy exclusive privileges at partner establishments.
Gemalto digital security has provided a secure procedure to customers in Germany to address the card outage on New Years, which was verified and approved by the German banking authorities on January 7. Keeping the concerned EC cards and credit cards fully compliant with the German card banking system, Gemalto is supporting bank customers in resuming full normal operations, creating a strong secure software solution concerning the affected cards to avoid reissuing. Gemalto will book a special provision to cover the potential consequences related to this event, somwhere in the range of 6 to 10 million euros as part of 2009 results, modifying accordingly GemaltoÃ¢ÂÂs expectation of around 180 million euros adjusted EBIT for the year by the same amount.Details
Enterprise software solution provider Epicor has released the “Epicor Secure Data Manager” integrated system validation for payment card security. Epicor Secure Data Manager is a comprehensive standalone
payment-handling solution that achieves single Payment Application Data
Security Standard (PA-DSS) validation across multiple retail systems
while also providing authorization and settlement functionality.
With Epicor SDM, payment card information is
securely stored in a central repository where PA-DSS requirements are
consolidated and managed. By handling data from inception through storage, Epicor SDM maintains data privacy by providing
neighboring applications with a token for reference rather than specific
credit card details. Connected systems then pass this token into the
data stream, and Epicor SDM utilizes the token’s data to determine the
credit card information needed for processing each transaction. In addition to integrated system validation, Epicor SDM also includes
Authorization and Settlement features, including Centralized Key
Management, Secure Data Service for encrypting securing data, Secure
Payment Service for storing and retrieving payment records, and Payment
Capture Service for Point-of-Sale transactions.