NBK & MTC Offer Free SMS

ICICI Bank has launched an EMI Card, offering consumers the ability to
pay 0% interest on card balances, according to the Economic Times. The
balances are paid by the consumer in equated, monthly installments and
allows for the purchase of any household item. EMI is also being offered
to ICICI Bank’s co-branded card customers. ICICI bank has over
8 million card in circulation and projects a 25% growth.

Details

JCB Expands ATM Acceptance in Japan

JCB cardholders with cards issued outside of Japan will now be able to use their cards for cash advance services at more than 12,000 Seven Bank ATMs throughout Japan, effective today. Seven Bank operates a nationwide network of ATMs open around the clock, primarily located at 7-Eleven. The screen, audio messages, and receipts of all Seven Bank ATMs are available in English, Chinese, Korean, and Portuguese. With the addition of Seven Bank ATMs, JCB cards issued outside of Japan can now be used at more than 44,000 ATMs in the countryside as well as in major cities across the country. Currently, approximately 3.75 million JCB cardholders outside Japan use their cards for purchases and cash advances in their home countries and abroad.

Details

PRIMO PAY

For its Coffee Primo outlets, Welcome Break has launched a prepaid card
called “Primo Pay” in response to the similar prepaid card solutions
recently introduced by Starbucks and Costa Coffee. At all 28 Coffee Primo locations,
the prepaid cards will be accepted and can be reloaded in increments of
GBP5 up to GBP100. Balances can be checked at any of the Coffee
Primo outlets.

Details

Via One to Offer nFinanSe Discover Cards

FL-based nFinanSe and Via One Technologies have inked a deal to provide nFinanSe “Discover Network Prepaid Cards” to Via One, a global POS processor of electronic prepaid products and services. The reloadable prepaid card sells for $5.95 and carries a $2.95 monthly fee. There is no fee for first load. The nFinanSe Network has 80,000 reload locations. Via One operates a proprietary e-merchant services platform which is one of a limited number of platforms in the industry that offers a complete solution for electronic distribution of prepaid airtime, equipment sales, service activations and bill payments.

Details

Banques Populaires Installs Kalignite EMV Software

Citibank, along with VISA and the Mall Group, has introduced the “Citi
M VISA”. Marketed by the companies as the “ultimate credit card for
avid shoppers in Thailand,” the “Citi M VISA” targets a consumer group
of over 500,000 people and provides users with discounted prices at
Mall Group Department Stores. The Mall Group is composed of 40,000
outlets globally and includes Siam Paragon and the Emporium. Benefits of
the card while shopping at the Group’s outlets include
discounts at Versace, Tod’s, Emilio Pucci, Hugo Boss, Burberry, Jimmy
Choo, Dynasty Gold & Collection, Frank’s Jewelry and Yafriro, Tony
Roma’s, Greyhound and Another Hound, Golf offers, California Fitness and
Asia Books, Platinum Lounge access, Home Fresh Mart Supermarket (at
The Mall Department Stores) and Gourmet Market. Services at the outlet,
such as personal shopping, concierge service, free delivery, personal
cashier, reserved parking and valet parking are also offered to cardholders
at a discounted rate. The card will be accepted wherever VISA International
credit cards are accepted at more than 190,000 merchant outlets in Thailand
and 26 million around the world. Citi has over 200 million consumer
accounts in over 100 different countries.

Details

MONERIS & NODUS

Moneris Solutions has certified Nodus Technologies for the Microsoft
Dynamics GP credit card processing solution. Nodus can now offer
Microsoft Dynamics GP users a Moneris connection for payment integration
and increased transaction speed. This also eliminates the need for third
party software. Moneris provides wireless and online payment services for
merchants in various industry segment and processes over 2.3 billion
transactions annually from over 350,000 locations. Nodus Technologies
provides electronic payment automation software for small and mid-size
companies.

Details

CMB Inks With Happigo For Installment Payment

Targeting the non-resident Indian (NRI) community in United Arab Emirates,
ABN AMRO Bank has launched a MasterCard credit card designed to offer
convenience to the expatriate lifestyle. Based on research regarding the
1.4
million NRIs in the UAE, ABN AMRO has designed the card to provide
advantages including free monthly money-remittances, life insurance that
offers
protection for the cardholder’s family, and India-specific redeemable
benefits,
including free domestic flights on Kingfisher Airlines, rent-free mobile
SIM
cards and dining discounts at outlets in India. ABN AMRO is an
international
bank with assets of EUR 1,054.60 billion and has over 4,500 branches in 53
countries. The bank has had a presence in the UAE since 1973 and a staff of
1,500, with 107,000 employees worldwide. MasterCard Worldwide processes
16 billion transactions annually and serves consumers and businesses in
more
than 210 countries and territories.

Details

JCB & SEVEN BANK ATMS

JCB cardholders with cards issued outside of Japan will now be able to
use their cards for cash advance services at more than 12,000 Seven Bank
ATMs throughout Japan, effective today. Seven Bank operates a nationwide
network of ATMs open around the clock, primarily located at 7-Eleven.
The screen, audio messages, and receipts of all Seven Bank ATMs are
available in English, Chinese, Korean, and Portuguese. With the addition
of Seven Bank ATMs, JCB cards issued outside of Japan can now be used at
more than 44,000 ATMs in the countryside as well as in major cities
across the country. Currently, approximately 3.75 million JCB
cardholders outside Japan use their cards for purchases and cash
advances in their home countries and abroad.

Details

Flextronics To Acquire Solectron

Fair Isaac Corporation has announced that, for The Card Awards 2008,
the company will be sponsoring “The Best Security or Anti-Fraud
Development” category. The awards ceremony recognizes achievement
for different categories in innovation, best practice and customer
excellence
regarding the card payment industry for the United Kingdom and Republic
of Ireland. Subsequently, the different categories are sponsored by
different
companies in the industry. Fair Isaac, as the category sponsor, will
also be
awarding the recognized industry leader for its achievements. Fair Isaac is
recognized in the industry for its global fraud detection solution,
“Falcon(tm)
Fraud Manager”, which recognizes aspects of card fraud and is used by
900 million payment cards. Fair Isaac has clients in 80 different countries

Details

AMBIRONTRUSTWAVE

AmbironTrustWave Pte Ltd has opened an office in Sydney, Australia for its
payments card data security and compliance management. In conjunction with
this development, the company has appointed Julie Pinto as the Business
Development Manager for Australia and New Zealand. To be responsible for
sales and business development of the region, Ms Pinto has 14 years
experience
in the field with First Data Corporation. Newly appointed Director of
the Office,
Melissa Perisce will be working above Pinto. AmbironTrustWave created
AmbironTrustWave Pte Ltd to provide PCI DSS compliance solutions to
merchants, payment processors and other payment card industry concerns for
cardholder data in Australia, China, Hong Kong, India, Korea, Singapore and
Taiwan. The subsidiary has served over 30,000 organizations throughout the
world.

Details

NFC Forum Plans a HCI Specification for 2008

The NFC Forum has begun work to develop a specification for a “Host Controller Interface” between NFC contactless controllers and electronic devices’ application processors. When completed, the NFC Forumâ™s Host Controller Interface will be a logical interface, allowing an NFC front end to communicate directly with an application processor and multiple secure elements in various electronic devices such as cell phones, PDAs and PC peripherals, enabling faster integration of NFC functionality. The NFC Forum, www.nfc-forum.org, was launched as a non-profit industry association in 2004 by leading mobile communications, semiconductor and consumer electronics companies.

Details

B.O.S & CASHBOX

Cashbox has received GBP 8.75 in funding from the Bank of Scotland for
the expansion of ATM roll-outs and to refinance the debt of General
Capital Venture Finance Limited (‘GCVF’). According to experts, this
funding will allow Cashbox to increase revenue with an increase in ATM
deployment. Because Cashbox ATMs adhere to the placement model ,
meaning the machines are replenished by the merchants themselves, the
company can offer the ATMs to merchants free of charge.

Details