Aptra Passport Combines with Mitek

NCR’s “Aptra Passport” is now integrated with Mitek’s
“ImageNet Mobile Deposit” software for check deposits with data-enabled mobile phones.
The new “NCR APTRA Mobile Passport” solution compliments the APTRA
Commercial Passport, remote deposit capture software that allows
deposits using check scanners from their businesses directly to the
financial institution or via online banking web site.
The software enables customers to deposit checks by using
their mobile phone’s camera as a scanner, capturing an image of both
sides of the check and transmitting those images to their financial
institution for deposit.
In addition to integrating mobile deposit functionality to APTRA
Commercial Passport, NCR will also offer ImageNet Mobile Deposit as a
Software as a Service (SaaS) within the APTRA Passport Validation
solution framework.

Details

Contactless Fare Collection Builds

The Smart Card Alliance reports a growing use of contactless electronic
fare collection
systems and building interest in mobile NFC fare payments. This news
and more came out of the 2009 Payments Councils Summit in Salt Lake City,
Utah, attended by over 120 Smart Card Alliance members.
The Summit coincided with the Utah Transit Authority’s (UTA) launch of
their system-wide implementation of contactless electronic fare
collection system, where they will accept contactless third party paid
passes and contactless credit and debit cards from American Express,
Discover Financial Services, MasterCard and Visa. MTA New York City
Transit (NYCT) is collaborating with the New York Port Authority, New
Jersey Transit, and the Port Authority Trans-Hudson (PATH) on the second
phase of their open payment system pilot where all types of contactless
payment cards will be accepted, NYCT’s Steve Frazzini told attendees.
Jerry Kane of the Southeastern Pennsylvania Transportation Authority
(SEPTA) in Philadelphia and Jenny Sirnio of SunTran in Tucson spoke of
their plans for contactless fare collection systems.

Details

Card Marketing in Canada Remains Robust

A new report has found that credit card issuers only reduced direct mail offers to prospective Canadian cardholders by 8%. However in the U.S., they cut such mailings by 50%. Mintel Comperemedia attributes this difference to a less severe financial crisis in Canada during 2008. Though Canada’s economy was fairly stable last year, economists predict a slowdown during 2009. Mintel Comperemedia expects credit card mailings to follow suit and drop as well. A 20% decline in solicitations is projected for Q1 2009 in Canada (from Q4 2008). However, this reduction still pales next to the 47% drop projected in US mailboxes.

Details

McAfee SECURE Adds More Retail Clients

Brookstone, David’s Bridal and The Metropolitan Museum of
Art Store are now using the McAfee “SECURE” to ensure their websites’ security.
Displaying the McAfee “SECURE” trustmark allows e-tailers to provide
customers with the assurance that their Web site has passed rigorous
daily tests for vulnerabilities that pose a threat to sensitive customer
information. The trustmark also appears in McAfee “SiteAdvisor” search
results allowing merchants to stand out in those results, further
extending their reach. In addition, McAfee “SECURE” e-tailers can get
additional exposure in McAfee’s secure shopping portal at
www.mcafeesecureshopping.com and only features
e-tailers who have been certified McAfee “SECURE” and directly reaches
security-conscious shoppers. The services combine daily network perimeter scanning, testing
for more than 10,000 network and Web application vulnerabilities,
rigorous security testing to ensure against malware, and business
practice review for Web site owners and online retailers. E-commerce merchants can also demonstrate
PCI-compliance, the standard for the payment card industry. On average,
McAfee “SECURE” sites also see an 11% increase in online sales conversions.

Details

U.S. Consumer Confidence Begins a Rebound

Consumer confidence improved considerably in April. The Conference Board “Consumer Confidence Index” now stands at 39.2, up from 26.9 in March. The “Present Situation Index” increased to 23.7 from 21.9 last month. The “Expectations Index” rose to 49.5 from 30.2 in March. The employment outlook was also considerably less pessimistic. The percentage of consumers anticipating fewer jobs in the months ahead decreased to 33.6% from 41.6%, while those expecting more jobs increased to 13.9% from 7.3%. The monthly survey is conducted for The Conference Board by TNS.

Details

SPVA

Hypercom, Ingenico and
VeriFone have joined forces to create the “Secure POS
Vendor Alliance”, a non-profit business organization chartered with
implementing common payment security standards. The “SPVA” will
increase awareness of security issues, encourage adoption
of best practices and ease consistency among standards that govern
disparate components and participants in the payment environment. The
SPVA will encompass the companies that provide the key security
elements among consumers, merchants and transaction acquirers and
issuers. The SPVA encourages general membership among all vendors that
develop secure POS payment systems, and associate membership among
organizations who sell or utilize products or solutions that interact
with secure POS payment devices: retailers, acquirers, software vendors,
ECR vendors, banks and other standard setting associations.

Details

TD Retail Introduces the L.J.C. Card

NJ-based loyalty program provider TD Retail Card has rolled out the
L.J.C. Card tailored to luxury retailers. The “L.J.C. Card” is a
revolving private label consumer credit card that can be used for
purchases of products or services at any merchant participating in the
program. Merchants opening the individual consumer’s account can have
their
store’s name embossed on the card. The Card program provides independent
retailers with the ability to increase sales and long-term loyalty by
giving customers the
purchasing power to buy now and in the future; drive traffic year-round
with a wide range of special promotional
offers and flexible financing options; offer instant credit, with
uncomplicated in-store applications processed in
minutes and process transactions instantly using TD Retail Card
Services’ secure
online web services. Retailers in the program will be able to offer
their customers a variety
of special financing options, including three-, six- and 12-month
same-as-cash
payment plans,as well as two additional low-APR programs.

Details

FEBRUARY LEI

The Conference Board Leading Economic
Index (LEI) for France declined 0.7% and The Conference Board
Coincident Economic Index (CEI) decreased 0.2% in February. Two of the
seven components of The Conference Board
LEI for France increased in February. The positive contributors to the
index are the yield spread and production expectations. The negative
contributors to the index are industrial new orders, inverted new
unemployment claims, the stock price index, building permits
(residential), and the ratio of the deflator of manufacturing value
added to unit labor cost for manufacturing. Between August
2008 and February 2009, the leading economic index declined 6.0% (a
-11.7% annual rate), well below the 2.1% decline (a
-4.2% annual rate) during the previous six-month period. In
addition, the weaknesses among the leading indicators remained
widespread in recent months. The Conference Board LEI now stands at
99.4 (2004=100).

Details

Gen Y Identity Fraud Report is Issued

A new report from Javelin Strategy and Research titled “Gen Y Security
Backlash:
How Gen Y Wants to Participate in Securing Their Information
and How They React to Identity Fraud”
indicates that nearly 90% of those surveyed say they share responsibility
with their banks and credit unions for protecting their accounts from
fraud and
react strongly when victimized by identity fraud.

Details

SCM & BLUEHILL

SCM Microsystems and Bluehill ID have announced a wide-ranging
technology and distribution agreement that targets contactless smart card, RFID and NFC
markets worldwide. Under this agreement, companies of the Bluehill ID Group will distribute SCM
contact smart card reader technology on an OEM basis and SCM will have
access to Bluehill ID’s unique dual antenna RFID reader technology.
The two companies have also agreed to share technology and jointly
develop new hardware and software products, and to cooperate in optimizing reader
production. Among the first projects planned will be SCM’s development of new NFC
readers based on Bluehill ID modules. Bluehill ID for its part expects to bring
products to market more quickly and cost effectively by using its technology with
the SCM firmware platform, and will examine ways to benefit from SCM’s
production and supply chain strengths.

Details

WINDOWS 7 & .NET BIO

Digital security provider Gemalto has extended its support for strong
authentication on the Windows(R) 7 platform using its .”NET Bio” solution.
Gemalto .”NET Bio” is an innovative solution that enables organizations
to enhance network security and protect online identities by replacing
weak, static passwords with strong authentication using Gemalto .NET
smart cards and “Precise Match-on-Card” fingerprint biometric technology.
By leveraging the smart card and biometric support built into Windows 7,
Gemalto .”NET Bio” is easier to deploy and manage than conventional
solutions that require installation of middleware. The solution enables
multi-factor authentication using biometrics by building on the
foundation provided in the new Windows Biometric Framework (WBF) for
Windows 7. Microsoft is introducing the Windows Biometric Framework
to provide native support for fingerprint biometric devices through a
new set of software components.

Details

GOLDEN SPRING & DATACARD

Card personalizer Datacard Group announced that it has
established an agreement with Golden Spring Technology,
supplier of smart label and RFID equipment to offer smart label package systems, as well as
contactless smart card inlay systems, in the Asia Pacific region.
The solutions for contactless smart card inlay production
ranges from 1500 units per hour (UPH) up to 6000 UPH. The solutions of
the smart label equipment
with flip chip process ranges from 1600 UPH up
to 20000 UPH.

Details