WorldPay Partners Epay on Streamline Processing

Epay have partnered with WorldPay to allow retailers the ability to process credit and debit card payments through their epay terminal using their Streamline technology. Not only will retailers benefit from earning excellent commission rates from existing products, epay retailers can now also increase spending from customers who prefer to make purchases using their credit/debit cards, whilst processing card payments at competitive rates. In addition to providing payment processing for all major debit and credit cards including MasterCard and Visa, epay’s new terminal with Streamline technology also offers a range of card payment options to process transactions in a face to face environment using fixed, portable, and mobile card acceptance devices. epay’s new VX 520 terminal with built in card processing technology can also be connected to broadband to bring transaction speeds down to as little as two seconds.

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Hengbao Latest GlobalPlatform Observer Member

GlobalPlatform announced Hengbao Corporation as its latest Observer Member. Hengbao smart card products and technology solutions which operates across the banking, telecommunication, identity and internet of things markets – will direct its attention towards GlobalPlatform’s Task Force initiatives. These groups define specific market requirements and assess how GlobalPlatform’s Specifications can be advanced in line with future needs.

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Geezeo Inks Partnership With $ New FCUs

Geezeo, a leading FinTech firm that offers online financial management (OFM) tools, personal financial management (PFM), and web-based, data-driven marketing platforms to financial institutions, announced that American Greetings Federal Credit Union, Florida Transportation Credit Union, Congressional Federal Credit Union, Wings Financial Credit Union and Linn Area Credit Union, will integrate Geezeo’s PFM product. The four…

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Dynamics Showcases Cutting Edge Credit Card Device

Dynamics announced its ‘credit card of the future,’ altering consumer’s everyday spending from the typical payment card to an interactive, real-time reward experience. The Dynamics ePlate device is a battery-powered, computerized credit card that allows users to securely and instantly choose from more than 35 reward experiences using two mechanized buttons on the card programmed through a mobile app platform. The card is connected to an ecosystem of experience™ providers that each deliver a unique experience™ reward to the consumer. When making a purchase, a consumer simply presses a button on his/her ePlate™ credit card device to receive the experience™ reward associated with the pressed button. At any time, a consumer may change online the experience™ rewards associated with the different buttons on his/her ePlate™ credit card device. The credit card rewards are called experience™ rewards because experience™ rewards are the first rewards to be delivered instantly, within seconds of a purchase, to the consumer.

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Fiserv Implements Aconite EMV Manager

Fiserv implemented Aconite’s Smart EMV Manager solution to further enhance its EMV card processing systems with advanced capability. This provides Fiserv a single solution that could be deployed in a standard way to provide a consistent EMV migration experience for their thousands of card issuing clients in the U.S. Smart EMV Manager will help Fiserv lead the field in EMV capability and introduce value-added EMV services in future. Smart EMV Manager is one component of Aconite’s integrated solution family that encompasses chip card and token lifecycle management, NFC Mobile management and advanced PIN management.

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ACI Worldwide Improves Wholesale Banking Solution

ACI Worldwide launched its “Money Transfer System 5.0” wholesale banking solution, designed to give financial institutions flexibility in defining and managing their payment processing flows. This was developed as the result of a large scale collaborative effort between ACI and a number of its customers whose design input and suggestions were included in the final version. Money Transfer System is one of many ACI products in the company’s broader payments platform to deliver on this approach. It also provides Repair Reporting to explain to customers how to correctly format transactions in order to reduce expensive repair activity; SWIFT Network Validation Kit validation on messages received through a back-end interface; and Expanded Global Clearing Channels, expanding the suite of global clearing channels available.

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Virtual Piggy Partners SpiritHoods Kids

Virtual Piggy will provide its youth-friendly payment system to the youth oriented sub-brand of SpiritHoods, SpiritHoods Kids. This offers detailed, high quality hoods inspired by the animal world. They have been profiled in Entrepreneur Magazine, Cosmopolitan, and LuckyKids, and are favorites of celebrities such as Khloe Kardashian, Vanessa Hudgens, and Bella Thorne. When you purchase a product from their ProBlue label, SpiritHoods donates 10% off net profits to a non-profit dedicated to the protection of that animal.

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Great Western Bank deploys VSoft Image Processing

Great Western Bank selected VSoft’s branch and item capture and image processing solutions. The bank replaced its existing payments platform with VSoft’s branch item capture solution for its ability to allow branch operators to key, balance and reject/repair images at point of capture, rather than defer that work to a central operations area. The bank is also performing inclearing, and transmission of cash letters with VSoft’s image exchange solution. Great Western Bank will also use VSoft solutions to enable image delivery through customer e-statements, CDs or by interfacing directly to home banking systems.

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Suncorp Bank Implements FIS Financial Payment Switching

FIS migrated Suncorp Bank onto the CONNEX switching platform for POS transactions, effective 1H/13. CONNEX manages both POS and ATM networks, supports new payment technologies and sustains the bank’s continued roll out of Europay, MasterCard® and Visa® (EMV®), a global standard for inter-operation of integrated circuit cards. CONNEX is a comprehensive solution for ATM and POS terminal driving, transaction acquiring, switching and authorization and leverages a fault tolerant, redundant architecture to provide a robust, high volume, high availability and highly scalable switch processing environment.

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Charge Payment Buys Trust One Payment Services

Trust One Payment Services has been purchased by Charge Payment. Trust One provides credit and debit card processing services to small- and mid-sized business merchants, primarily in the southeastern United States. The Company currently processes over $700 million in annual charge volume for approximately 2,800 merchants, and its merchant portfolio is diversified across a range of business sectors, with an emphasis on outsourced receivables management and e-commerce. Trust One will continue to operate as a wholly owned subsidiary of Charge Payment.

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