ACH Alert Awarded Patent for Fraud Protection

ACH Alert has been awarded patent number 8,219,491, which significantly strengthens the breadth of its intellectual property rights by extending the scope of protection for its proprietary business methods and fraud protection systems and applications. Among the many patented automated processes in the full range of fraud protection services ACH Alert provides to its clients are: real-time, transaction level protection for commercial and individual clients; simplified identification of trusted trading partners and valid payment recipients; and facilitation of electronic transaction disputes between the financial institution and their client.

Details

USA Technologies Announces Shareholders Voting Results

USA Technologies wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries, announced that IVS Associates has tabulated and certified the voting results for the USAT 2012 Annual Meeting of Shareholders held on June 28, 2012. USAT shareholders have elected all nine of the Company’s director nominees”Deborah G. Arnold, Steven D. Barnhart, Joel Brooks, Stephen P. Herbert, Albin F. Moschner, Frank A. Petito, III, Jack E. Price, William J. Reilly, Jr. and William J. Schoch – to the USAT Board of Directors.

Details

Paysafecard Continues International Expansion

Paysafecard’s “Cash for the Internet” has embarked on the Canadian market, with about 27 million Internet users and a user rate of more than 80%. An expert for prepaid payments on the Internet, Paysafecard was founded in 2000 and continues the development of non-European markets which began in 2009 in Argentina, followed by Mexico and the United States. paysafecard prepaid payment allows consumers to pay quickly and securely over the Internet.

Details

Starbucks Expands mPayment Footprint Globally

Starbucks mobile platform continues expansion with the latest app for Android in the United Kingdom and Canada. Meanwhile, U.S. customers who download or update to the official Starbucks app for Android will be able to experience new enhancements including a widget, PayPal support, PIN code protection, and viewing the My Starbucks Rewards history dashboard. Customers who download the official Starbucks® app for Android™ in Canada and the UK will now be able to access a range of features including Starbucks Card mobile payment, store locator, My Starbucks Rewards™ stars, check balance and reload, PIN code protection, widget and balance transfer capabilities. Through the Starbucks® app for Android™ expansion to the UK and Canada, Starbucks mobile payment will now be accepted at nearly 14,000 Starbucks locations worldwide.

Details

Moneris Partners Delego Software SAP Payment Solutions

Moneris Solutions payment processors formed a strategic alliance with Delego Software integrated payment solutions for SAP enterprise users. Moneris becomes a Delego preferred payment processor and will integrate its proprietary eSelectPlus payments gateway into several of Delego’s payment and data security applications, giving SAP enterprise users a single, fully-integrated, turn-key solution for processing credit cards and other electronic payments directly through their SAP software. Using a single solution eliminates the need to source, integrate and manage multiple vendors and systems, saving SAP users considerable time, money and other resources. Both Moneris and Delego are PA-DSS validated and meet the card industry’s highest standards for data security, making it easier for companies that use the joint solution to stay in scope of PCI-DSS certification.

Details

Gemalto TSM Data Center MasterCard/Visa Certified

Gemalto digital security announced its Trusted Service Management (TSM) data center achieved MasterCard and Visa certification. This allows Gemalto customers to distribute MasterCard and Visa mobile payment services to their end users. The certification validates Gemalto’s readiness for supporting banks, mobile operators and other service providers in their NFC deployments across Asia and around the world. The certification establishes official recognition from the major global payment networks of Gemalto’s ability to manage sensitive payment credentials at the required level of security and data confidentiality.

Details

Revolving Credit Outstanding Increases in Double Digits

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Of the total $2.6 trillion in outstanding US consumer debt-up a jaw-dropping 13.2% since February- total outstanding revolving credit skyrocketed 11.2% in May since the year ago figure. This is up from the April figure of $862.2 billion and compares to the year ago figure of $793.1 billion. With outstanding debt…

Details

MasterCard & RA Dickey Campaign to Stand Up To Cancer

MasterCard joined with Stand Up To Cancer (SU2C) and Major League Baseball (MLB) to kick off the ‘Dine and Be Generous’ campaign designed to involve baseball fans and all consumers in the fight against cancer. From July 10 through September 28, 2012, when cardholders spend $10 or more for a meal on their MasterCard card, MasterCard will donate up to $4 million to Stand Up To Cancer. The program formally launches with a ceremonial first “swipe” by SU2C ambassador and 2012 MLB All-Star pitcher R.A. Dickey that will air during the MLB All-Star Game broadcast on FOX. The campaign builds on a successful first year in 2011 that raised more than $4 million for cancer research based on the use of MasterCard cards for purchases ranging from take-out to fine dining. MasterCard is providing enhanced ways for consumers to take get involved, allowing them register at www.facebook.com/mastercard to take action in a number of ways and involve their own social networks in supporting the cause. They can subsequently win weekly prizes of five $50 MasterCard prepaid cards and grand prize trip for two to a 2012 World Series game.

Details

Fiserv Appoints New Board Member

Fiserv appointed Dennis F. Lynch to its Board of Directors, a major contributor to the U.S. payments industry for over 30 years. Responsible for driving the adoption of card and payment solutions that have enhanced how consumers conduct financial transactions, Lynch is currently the Chairman of the Board at Cardtronics ATMs. He is also a Director, and former Chairman, of the Secure Remote Payments Council, a cross-industry organization dedicated to accelerating the growth, development, and market adoption of more secure ecommerce and mobile payments. Lynch was also previously the Chairman and Chief Executive Officer of RightPath Payments from 2005 to 2008 and the President and Chief Executive Officer of NYCE Corporation from 1996 to 2004.

Details

First Data Extends Processing Deal with Getin Noble Bank

First Data Corporation electronic commerce and payment processing has extended its processing services agreement with Getin Noble Bank until 2018. First Data currently issues cards on behalf of Getin Noble Bank in Poland and provides card management as well as authorisation and transaction settlement services. The new agreement additionally extends the scope of services provided by First Data to include Proactive Risk Manager, a fraud discovery and notification system which has been designed to meet banks’ growing demand for anti-fraud solutions to provide enhanced security to cardholders.

Details

Brightwell Payments Acquires Directo, Expands in Paycard Market

Brightwell Payments prepaid card solutions for corporations and consumers acquired Directo paycard programs. The acquisition increases Brightwell’s penetration of the high growth paycard market while driving the efficiencies of increased scale. Brightwell provides program design, marketing, technology, distribution and fulfillment services for a comprehensive array of prepaid products, including general purpose reloadable, loyalty, award and promotional, and domestic and international payroll cards. Brightwell’s award-winning OceanPay® product has become the industry standard for maritime payroll.

Details

Q2ebanking Expands for Growing Demand in e-banking Services

Q2ebanking secure electronic banking solutions for banks and credit unions throughout the U.S., announced it is opening a second office to support its steady client growth with the resources and additional industry professionals needed to drive further success. Throughout the rest of 2012 Q2ebanking will hire approximately 40 new employees for the Atlanta office, focusing on new product development, implementation and delivery engineers as well as Q&A and customer support engineers.

Details