Fiserv Launches mPayment Solution

Fiserv financial services technology introduced its “SpotPay”mobile card reader solution for financial institutions to offer to their small business customers. This allows merchants to accept card and check payments anywhere, anytime, swiping payment cards with their mobile device to. It offers merchants the ability to deposit checks using the mobile remote deposit capture feature from Fiserv that allows users to securely take a picture of the front and back of a check and deposit the item electronically. Now available to financial institutions that are part of the ACCEL/Exchange® payments network, they can offer “SpotPay” to their small business and merchant customers as a way to provide them with a secure, convenient and low-cost solution to collect credit and debit card payments as well as to remotely deposit checks. The solution has strong fraud prevention tools and makes card transactions easy to accept with security designed to decline counterfeit cards.

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Visa Launches Targeted NFL Fan Offers Program

In conjunction with the 2012-2013 NFL season opener, Visa launched its “NFL Fan Offers” program. Using real-time communications to give enrolled Visa cardholders a chance to win exclusive NFL-related experiences as well as receive valuable merchant offers, the program is a central component to Visa’s “Make it Epic” NFL sponsorship, which includes national television and…

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Collis Now MasterCard Qualified

The latest CPV version 5.5 module in the Collis EMV Personalization Validation Tool (PVT) has been qualified by MasterCard Worldwide. Professional testing of personalized MasterCard EMV/PayPass cards is essential to ensure global acceptance of cards. Collis’ newly developed CPV module checks if MasterCard cards are correctly personalized according to the latest MasterCard specifications. The new MasterCard CPV 5.5 module ensures compliance with M/Chip Requirements 29 June 2011; M/Chip Personalization Data Specifications and Profiles 21 December 2011; PayPass Personalization Data Specifications, Version 1.7 – December 2011; M/Chip Card Personalization Standard Profiles 23 March 2012; M/Chip Card Personalization Standard Profiles Including PayPass 23 March 2012; and MasterCard EMV Combo Card Requirements July 2010.

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MasterCard Extends U.S. EMV Migration for ATMs

MasterCard expanded its U.S. electronic payments roadmap to include the ATM channel. Beginning in October 2016, a liability shift will be introduced for ATM transactions in the U.S., as part of an effort to globally align the use of EMV technology to prevent and manage fraud in the payments ecosystem, and apply to all MasterCard-branded products across all transactions initiated at U.S. ATMs. MasterCard was part of the original group that created the EMV standard and has supported the successful migration to EMV-based payments in every major market globally to date. The company’s continued investment in advancing these infrastructure standards has provided insights and expertise to guide the industry in advancing payments security and convenience.

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Fiserv Launches Instant Payment Card Issuance

Fiserv financial services technology solutions added instant credit and debit card issuance services to its central issuance business, allowing clients to provide consumers a plastic Visa or MasterCard branded payment card upon new account opening or replacement. Instant issue cards from Fiserv can be delivered using temporary secure vault cards to provide all the benefits of instant issuance without an investment in hardware and software or using permanent Instant Issue cards for financial institutions interested in issuing permanent, personalized cards in the branch. Fiserv provides a seamless connection between its central issuance bureau and instant issuance solutions deployed at financial institutions. Via that connection, data from every instantly issued card is stored, greatly simplifying the card replacement or reissuance process.

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Users Feel Secure Using Visa and PayPal mWallets

Visa and PayPal top the list of consumers’ preferred mobile wallet providers at 15% and 13%, respectively, while mobile network operators Verizon and AT&T (with the Isis wallet), and Apple are close runner-ups. Consumer reference is based on trust, innovation, and privacy, all of which PayPal and Visa have demonstrated high scores. These findings, according…

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Kony Launches Improved Mobile Retail App

Kony Solutions mobile and multi-channel application platform provider introduced a new version of its “Kony Mobile Retail” packaged mobile solution. At the Shop.org show, where the solution was introduced, Kony’s Chief Mobile Officer will partake in a “Masters of Mobile” panel discussion on the connection between retailers and consumers. Kony Mobile Retail was designed for both online and brick-and-mortar retailers. New features allow customers to browse entire product catalogs, use store locators, shopping carts, gift registries, and loyalty cards. It is also configurable with web-based interface lets marketers and developers create personalized and individually-branded mobile experiences, modify look-and-feel, enable and disable features, and re-organize menus – all without any coding and extended to support business-specific applications and requirements, such as third-party solutions or a retailer’s own custom-built modules.

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G&D Bringing EMV Migration Initiatives in the U.S.

Giesecke & Devrient mobile security is supporting the U.S. banking industry with the migration from magnetic stripe to EMV technology, launching new EMV products for the U.S. market and expanding U.S. production capabilities. G&D is the first to join the EMV Migration Forum, a new industry collaboration effort to promote interoperability and standards-based implementations initiated…

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NCR Acquires Cash Cost Optimization Software Company

NCR Corporation acquired Transoft International cash cost optimization software and will integrate its software and SaaS-based product suite into its Financial Services line of business for undisclosed terms. This will strengthen NCR’s existing cash management offering, bringing financial institutions and retailers an integrated cash management solution. Transoft manages cash for hundreds of thousands of ATMs, branches, vaults and retailers around the world. NCR believes that cash management represents a $1 billion segment for integrated technology hardware, software and services solutions.

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Heartland Execs to Host Investor Day at NYSE

Heartland Payment Systems payments processor will be hosting an Investor Day on October 8 at the New York Stock Exchange. Scheduled speakers include Robert Carr, Chairman and Chief Executive Officer; Robert Baldwin, Vice Chairman; Maria Rueda, Chief Financial Officer; Michael Lawler, President – Strategic Markets; David Gilbert, President – Hospitality; and Ian Drysdale, President – Network Solutions.

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Citi Launches Campaign for Card Customers

Citi unveiled its “Private Pass” entertainment access program, with access to thousands of events each year including presales, preferred seating and VIP experiences. Citi credit or debit card customers can purchase tickets through www.citiprivatepass.com and some events are complimentary. The “MORE” campaign shows the special access for Citi credit and debit card customers, by highlighting musicians, athletes, chefs and more. Each of the celebrities featured in the campaign has been or will be part of a Citi Private Pass event, including: Alicia Keys, Rickie Fowler, David Ortiz, Cal Ripken Jr., the Fresh Beat Band, Gladys Knight, Santana, Daniel Boulud and Giada De Laurentiis. The Citi Private Pass campaign is brought to life in a breadth of channels, including television, print, digital, events and advertisements at New York City’s Bryant Park, The Grove in Los Angeles and Ogilvy Station in Chicago. Citi customers with a Citi Amex, MasterCard or Visa credit or debit card have access to Citi Private Pass.

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