ACI Worldwide Alleviates Dodd-Frank Compliance

ACI Worldwide payment systems announced its Money Transfer System is helping financial institutions achieve Dodd-Frank compliance. This regulation, a requirement of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, is one of the major issues facing financial institutions in 2013. The ACI Money Transfer System provides customers with a fully automated capability to address the complex regulatory demands of Dodd-Frank, in addition to other regulations. It offers the ability to determine the fees associated with a transaction, deliver the necessary disclosures to the consumer at the time of the transaction and automatically manage the required 30 minute transaction hold.

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NCR Silver and Elavon Partner to Intro Market POS

NCR Corporation and Elavon agreed to combine NCR’s tablet and mPOS technology with Elavon’s payment processing and distribution channels. Offering secure POS solutions to small business customers, the partnership is introducing NCR Silver cloud-based, small business POS system through Elavon’s sales channels for the first time. With Elavon’s processing and the addition of NCR Silver to its payment solutions portfolio, the new offering is positioned to small business owners when they are looking to start or grow their businesses. NCR Silver operates on Apple® iOS devices like the iPad®, iPhone® and iPod touch®, allowing small businesses to interact with customers, sell and manage their businesses from anywhere.

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Paymetric Discloses Continued Business Growth

Paymetric integrated and secure enterprise payment acceptance solutions announced a year of record company growth for 2012. Paymetric’s Software as a Service (SaaS) subscription fee revenue grew by 66 percent year-over-year (2011-2012) and 2012 also marked another record year for sales growth. This is thanks to the increasing need among enterprise level merchants to manage the complexities around payments. Paymetric plans to launch a suite of new products in 2013 to provide enhanced security solutions, payment optimization services and new payment processing opportunities.

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Consumer Bill Payment Correlate with Internet Usage, mPayment Growing

Fiserv research shows consumers pay their bills in multiple ways each month while mobile bill payments are on the rise, while there is a correlation between how consumers pay bills and their use of the Internet. American consumers use multiple channels to pay various bills, such as online payments at bank and company (biller) sites, paper checks sent via mail, walk-in payments made in person, phone payments and mobile payments made via apps or mobile web browsers. Eight percent of online households – representing 8 million total households – paid at least one monthly bill this way, up from 6 percent in 2011. In addition, 3 percent of infrequent and non-Internet users – representing 720,000 total households – are using mobile bill payment. Additional findings show only 7% of online households said that trouble keeping track of a bill caused a late payment.

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First Data & Go Daddy Launch Payment Solutions

First Data and Go Daddy Web hosting announced their partnership “Go Daddy Payment Solutions” application, designed to better serve the electronic payment needs of small businesses. The “Go Daddy Payment Solutions” will process eCommerce transactions online, giving customers a full-blown Web presence, complete with a website, shopping cart and online payment acceptance. Small merchants are embracing technology to stay ahead, with nearly half of all small merchants believe adopting new payment and marketing technologies are important to stay competitive.

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BOKU & U.S. Cellular Forge mPayments Partnership

BOKU online mobile payments partnered U.S. Cellular to maximize the adoption of direct-to-bill mobile operator billing as a payment option. Online merchants will generate incremental revenue from consumers who find mobile the easiest way to pay online, and attract new consumers who previously were unable or chose not to pay via other payment options, such as credit and debit accounts. When making purchases from their favorite online merchants, consumers will benefit from a convenient and secure payment experience that is accessible to all U.S. Cellular subscribers. Consumers gain a user authentication process that delivers better conversion for merchants, timely notification of billing errors impacting purchase and continuous pricing.

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TSYS Announces Benchmark & Platform Upgrade

TSYS announced its 20-year partnership with Commercial Bank of Qatar with a licensing agreement to upgrade to “PRIME 4” TSYS’ card and merchant management solution. Commercial Bank became a TSYS client when it began licensing the solution to manage the issuing and acquiring of its card programs and has since extended its license and now additionally deploys the single-platform solution to manage its MasterCard and Diners Club card portfolios, point-of-sale networks and loyalty, collections and fraud prevention operations.

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Agilysys Announces Software Suite Expansion

Agilysys hospitality software solutions announced that Indigo Sky Casino and Hotel selected its software suite. This includes solutions for property management, POS and inventory and procurement. It will implement its Lodging Management System comprehensive property management solution that automates every aspect of hotel operations, InfoGenesis POS software system that combines powerful reporting and configuration capabilities in the back office with an easy-to-use touchscreen terminal application and Stratton Warren System, a full-featured inventory and procurement solution that maximizes purchasing power and reduces operational costs.

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SelectCore Announces New CEO

SelectCore prepaid payment solutions announced a strategic restructuring of its executive management whereby Kevin Taylor, Director of the Corporation, will assume the role of Chief Executive Officer. Meanwhile Keith McKenzie and Ryan Deslippe will remain as President and Executive Vice President, respectively. Taylor brings more than 20 years of leadership experience having held senior-level positions in the Latin America and Caribbean market including heading up Nortel”s carrier and wireless groups from 2000 to 2008. He holds a Bachelor of Engineering – Science degree from the University of Western Ontario. In his new capacity, he will focus on delivering sustained growth, profitability and raising the profile of SelectCore on a global scale with increased public awareness.

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Diebold Board Elects New Chairman

The Diebold board of directors elected Henry D.G. Wallace chairman of the board, who’s been a member of the Diebold board since 2003. Wallace is a former group vice president and chief financial officer of the Ford Motor Company. Wallace experience as group vice president for Ford’s operations in the Asia Pacific region and as president and CEO of Mazda Motor Corporation is extensive. During his 30-year career at Ford, he also held numerous positions in finance and general management at Ford’s operations in the UK, Germany, United States, Mexico, Venezuela and Japan. Wallace received a bachelor’s degree in economics from the University of Leicester in England.

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Chase Sapphire Preferred Hosts Sundance Premiere Party

Chase Sapphire Preferred premier travel rewards card hosted the premiere party for Touchy Feely at the 2013 Sundance Film Festival. Touchy Feely writer and director Lynn Shelton attended the celebration and walked the “Sapphire blue” carpet with cast members. Hundreds of Chase Sapphire cardholders and VIP guests toasted the film premiere and met the cast at the exclusive celebration. As a presenting sponsor of the Sundance Film Festival for the third year in a row, Chase Sapphire offered cardholders custom packages with insider access to exclusive events, people and films at the Festival. Cardholders enjoyed invite-only VIP parties, access to an exclusive Chase Sapphire Box Office priority ticket line, complimentary film screening tickets, festival credentials and coveted seats at ChefDance dinners with world-renowned celebrity chefs.

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