ScanSource Posts 2Q/12 Fiscal Results

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ScanSource announced complete financial results for its quarter ended December 31, 2012. Net sales decreased 4.5% to $747.7 million, compared with $782.7 million for the quarter ended December 31, 2011. Excluding the translation impact of foreign currencies, net sales decreased 3.1% year-over-year. Operating income decreased to $24.4 million from $32.1 million…

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Vipera Wins Italian mBanking Contract

Vipera mobile financial services has won a mobile banking contract to provide its “Motif” platform through a cooperation agreement between Vipera and the Italy office of a leading multinational professional services firm. The “Motif” solution offers a flexible and extensive mobile banking platform, which will allow the bank to offer its customers full access to their bank account details enabling them to make credit card and utility bill payments and to instantly transfer funds anywhere in the world. The project plan calls for a rapid roll-out with implementation in the early part of 2013 and offers the bank a path to further functionality available within the Motif suite.

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Bradesco Implements Oberthur EMV Card Personalization

Oberthur Technologies smart card technology announced Banco Bradesco selected its EMV card personalisation and fulfilment services. Bradesco’s EMV card personalisation and fulfilment will take place at Oberthur Technologies’ São Paulo, Brazil manufacturing facility and service center, using the company’s proprietary Common Personalisation System (CPS), developed over the past ten years and deployed across Oberthur Technologies’ global network of over 35 service centers across the globe.

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MasterCard qualifies Acquirer Systems Card Personalization

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard Worldwide has qualified the Acquirer Systems’ “Pivot” Personalisation Validation Toolkit for their “Version 5.5” card personalization requirements. PIVOT is maintained against the latest network standards to help card developers, issuers and bureaux ensure that their MasterCard payment products are personalized correctly for EMV and contactless and mobile MasterCard PayPass cards…

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Saks Fifth Avenue Launches New Card

Saks Fifth Avenue announced enhancements to its SaksFirst loyalty program. With this, Saks cardholders will be granted automatic and free membership in SaksFirst, with no minimum spending requirement, will earn points toward a SaksFirst Gift Card with their very first purchase while ‘SaksFirst’ will be expanded to include purchases made at the Company’s Saks Fifth Avenue OFF 5TH outlet stores. Also, ‘All Saks’ cardholders will now receive free shipping from Saks stores and granted access to even more special events and private benefits. To celebrate and kick off the launch of the enhanced SaksFirst program, Saks Fifth Avenue’s New York City flagship store will offer “5 Days of Firsts,” January 28 through February 1. From 1/28-2/1, all customers who sign up for a NEW SaksFirst card will receive a $25 gift card, on 1/28, the first 500 customers who show their Saks card will receive a $100 gift card and on 1/29, all customers who claim the offer on Facebook at Saks will receive a free yogurt on the 5th floor in SnAKS.

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Broadway Bank expands Fiserv deal

Fiserv announced that Broadway Bank extended and expanded its relationship, which chose an integrated technology suite consisting of solutions for payments, processing services, risk and compliance, business intelligence and customer and channel management. In addition to Signature, which offers a complete end-to-end solution for account processing, the Fiserv suite for Broadway Bank includes ATM and Credit Processing, the ACCEL/Exchange(R) Network, InformEnt(R), EnAct(TM), Nautilus(R), Aperio(TM), PEP+(R), Financial Crime Risk Management, Mobile Source Capture(TM), Branch Source Capture(TM), Decision Optimization Solutions and Bank Intelligence, as well as solutions for risk and compliance and item processing. The bank also utilizes Sageworks(R) for loan portfolio and credit risk management via a technology partnership with Fiserv.

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DoubleBeam Completes m-payment IBM Integration

DoubleBeam completed its cloud-based mobile payment solution integration with the IBM ACE POS System. Offering mobile solutions to help retailers improve their customer experience, this integration will help supermarkets and other chain retailers to increase their marketing ROI through personalized promotions; to create a highly engaged shopping experience for today’s tech-savvy shopper; to reduce their customer’s time at checkout; to save dramatically compared to traditional credit and debit transactions through mobile-based eChecking.

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OKI Delivers Travelex Currency Exchanger

OKI deployed its “RG7 Currency Exchanger” to Travelex Japan. The currency exchange machine, capable of simultaneously recycling deposits and withdrawals between Japanese yen and multiple foreign currencies, is projected for sales of more than 100 units to Travelex Japan over the next three years. The “RG7 Currency Exchanger” introduction to Travelex Japan, OKI is automating exchange tasks that used to be handled manually. This enhances customer service and accelerates the pace of foreign currency exchange transactions.

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WorldPay Announces New Processing Partner

JustGiving online giving platform and WorldPay payment processing announced an agreement whereby WorldPay will process online giving transactions. JustGiving requires a payment processing service capable of quickly accepting high volumes of payments. WorldPay processes tens of thousands of transactions daily, accepting all major credit and debit cards, as well as payments made using the 200+ alternative payment types that WorldPay offers. Providing a robust and reliable service, WorldPay meets JustGiving’s must-have need for maximum payment uptime, allowing for sponsors to successfully donate at any time using their preferred method of payment.

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Conference Board Economic Index Jumps

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Conference Board Leading Economic Index (LEI) for the U.S. was up 0.5% in December to 93.9 after no change in November and a 0.3% increase in October. This sharp increase was thanks to large improvement in initial claims for unemployment insurance and positive contributions from the interest rate spread and…

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2Checkout Announces Growth Investor Partnership

2Checkout online payment processor for ecommerce global businesses partnered Chicago Growth Partners (“CGP”) and Trident Capital for investment to achieve ‘aggressive’ growth in the coming years. 2Checkout makes it easy for online Sellers to sell their goods and services to buyers all over the world. By providing a dynamic checkout experience that automatically adjusts to the buyer’s device and allowing for a customized, branded experience, 2Checkout helps Sellers sell more by creating a seamless, intuitive and comfortable online buying experience.

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