Lettuce Entertain You and Mocapay Expand Mobile Offering

Mocapay mobile commerce expanded its strategic partnership with Lettuce Entertain You independent restaurant groups. This will mobile deploy Lettuce Eats Frequent Diner Club. Lettuce Entertain You patrons will be provided a more convenient and engaging channel to earn points and redeem rewards for food at its over 80 restaurant locations in seven states. Lettuce Entertain You will now mobilize its 25-year-old frequent diner club that includes over 100,000 members, giving patrons easy access to their frequent dining membership and real-time updates on points and rewards. Patrons can interchangeably use their plastic loyalty card and mobile phone to collect points and redeem offers from a single account, providing more choice and flexibility. Lettuce Entertain You is able to integrate mobile into its existing POS equipment, loyalty program and application provider through Mocapay.

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AJB Accelerates Retailer EMV Migration

AJB Software Design integrated payment solutions announced a new EMV migration path for U.S. Retailers, designed to accelerate EMV implementations, while making it easy for merchants to integrate with emerging Mobile and other POS initiatives. AJB completed numerous large-scale EMV Chip and PIN integrations with merchants throughout Canada and the United Kingdom. AJB’s software enables merchants to accept EMV transactions; resulting in fewer disputed charges, lower chargeback rates and reduced levels of fraud, saving time and money for retailers. Its EMV compatible software has been PA-DSS validated with EMV transactions, simplifying the compliance effort for merchants to verify their payment processing meets the PCI & EMV security standards.

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Agilysys Software Solutions Support Olympic Tourism

Agilysys software solutions will be used extensively throughout London and the United Kingdom, as sporting venues and hotels rely on Agilysys technology to streamline operations, improve efficiency and enhance guest service for the Olympic Games. More than a thousand point-of-sale terminals in food outlets and concessions throughout London and the surrounding area will be using Agilysys InfoGenesis™ POS software during the upcoming international athletic events. Hoteliers throughout the region will rely on Agilysys software for property management, point-of-sale, inventory and procurement and document management, allowing guests from around the world to check in and check out quickly and efficiently.

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MiiCard Names New Chairman & Director

miiCard online ID announced Stephen Brannan, former Director of Group Technology at RBS, will serve as Chairman and Tim Bullock, former Managing Director of Personal and Retail Finance at Lloyds TSB Asset Finance, as Non Executive Director. Together, they will drive widespread adoption of the online identity verification service in the financial services industry and beyond. Stephen Brannan has vast experience of banking technology having formerly been Director of Group Technology at RBS and more recently Director of Separation Business Services responsible for executing the division of the RBS portion from ABN AMRO. Tim Bullock is co-founder of New Wave Ventures LLP, with over 33 years of experience in banking and finance.

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Over 2.5 Million MasterCard Debit Cards Issued for Social Welfare

More than 2.5 million South African Social Security Agency MasterCard debit cards have been issued to social grant recipients as part of the social grants disbursements tender which was awarded to Cash Paymaster Services (“CPS”) of Net1 UEPS Technologies. SASSA controls and manages the disbursements of 15 million social benefits to 9.2 million beneficiaries, who receive one or more of seven different social security grants on a monthly basis including: The State Old Age Pension, War Veteran Grant, Disability Grant, Child Support Grant, Foster Child Grant, Grant-in-aid and Care Dependency Grant. The biometric functionality of the payment cards identify social grant recipients using unique identifiers such as fingerprints and other personal information, which means that the payment cards cannot be used by any person other than the approved beneficiary to collect his/her grant.

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Ingenico 1H/12 Up 23% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Ingenico announced its reviewed interim financial statements for the six‐month period ended June 30, 2012. Very strong increase in H1 2012 revenue to €542.3 million, up 23% on a reported basis and 16% on a comparable basis1 Proven ability to consolidate Group margins at a high level while investing in future…

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INSIDE Secure Appoints Executive VP, NFC & Secure Payment

INSIDE Secure semiconductor solutions for secure transactions and digital identity appointed Pierre Garnier executive vice president, NFC and Secure Payment division. He will continue driving the NFC business of INSIDE Secure and supervise the introduction of a new range of secure payment semiconductor platforms for the future U.S. EMV market. He was most recently vice president and general manager at Texas Instruments in charge of the worldwide baseband business and worldwide wireless strategic programs.He was also chairman and CEO of Everbee Networks, a company developing systems-on-chips for personal Internet security devices. Before that, Mr. Garnier was general manager of the Alcatel Microelectronics broadband access business, which he founded and turned into a world-leading ADSL chipset maker before it was acquired by STMicroelectronics in 2002.

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Visa Takes Hit on Interchange Litigation

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa posted its fiscal 3Q/12 (2Q/12) net loss of $1.8 billion, inclusive of a litigation provision of $4.1 billion, related to the settlement agreement in the Multi-District Litigation case. The Company signed a memorandum of understanding to enter into a settlement agreement to resolve the Class Plaintiffs’ claims in the Multi-District…

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Payza Names New CEO

Payza payment platforms for e-commerce, corporate disbursement and remittances appointed Alastair Graham Chief Executive Officer. Bringing with him more than 20 years of experience in strategic direction, Graham was the founder and director of 5 Grams of Plastic, which provides strategic guidance to companies in the payments industry. Before leading 5 Grams of Plastic, Graham helped start up several companies and co-founded TransSend Payments Ltd., a financial services company that focused on the rapidly growing stored-value card market, that generated $100 million in card program volumes within two and a half years from startup.

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MasterCard and Gilt City Partner, Offer Priceless Experiences

MasterCard and Gilt City partnered to offer registered users of U.S. MasterCard ‘Priceless Cities’ programs with a unique range of city adventures from a “no reservation needed” series or chef’s table experiences at coveted restaurants to exclusive, limited-time offers like meet-and-greet sessions with artists and previously inaccessible opening night tickets to plays and concerts. The ‘Priceless Cities’ global program provides MasterCard cardholders experiences, offers and privileged access to the things they are most passionate about, including travel, sports, shopping, culinary experiences, and arts and entertainment.

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Bank of America Merrill Lynch Expands Commercial Card Internationally

Bank of America Merrill Lynch transaction services card solutions are now available in Argentina, the Czech Republic, Finland and Poland, as well as the Scandinavian countries of Denmark, Norway and Sweden. The addition of the seven countries reaffirms the company’s position as a leading provider of card solutions to large and middle-market companies and government entities around the world. By the end of 2012, BofA Merrill’s global card offering will be available in more than 70 countries. BofA Merrill will enable commercial card clients to benefit from the operational simplification and cost savings created by the harmonization of multiple instruments and reduced number of paper mandates that need to be managed for cardholders.

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Liaison Tokenization Passes PCI-DSS 2.0 Audit

Liaison Technologies announced the Liaison Protect Tokenization-as-a-Service (TaaS™) cardholder data environment successfully passed a PCI-DSS 2.0 audit and other major payment card association security requirements related to the protection of cardholder data. Through Trustwave. The cardholder data environment consists of the perimeter and internal firewalls, the Liaison Protect Token Manager application, the production VLAN, the Web VLAN and the VzCaaS Management VLAN. The PCI requirements are comprised of VISA’s Cardholder Information Security Program (CISP) and MasterCard’s Site Data Protection (SDP) program, as well as Discover’s (DISC) and American Express’s Data Security Operating Policies. The Liaison ‘Format Preserving Tokenization’ offers on-premise and as a managed service in the cloud, giving customers a choice on how to tokenize any type of confidential information, including credit card numbers.

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