Visa Plugs Olympics Trip Sweepstakes on USA Technologies’ Network

Visa Olympic Games Sponsor and USA Technologies wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries, announced the ability for vending and other self-serve retail locations served by USAT in the U.S. to promote Visa’s London 2012 Olympic Games Trip for Life Sweepstakes. Beginning the summer of 2016, one Grand Prize winner and a guest will receive round trip airfare; deluxe hotel accommodations; and tickets to Olympic Games events, all with no purchase or obligation necessary to enter or win.

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American Express OPEN Enhances Plum Card

American Express OPEN announced enhancements to the Plum Card (www.plumcard.com) to help small business owners better manage cash flow and free up working capital by taking advantage of the card’s built-in trade terms. With ‘Early Pay Discount,’ Cardmembers pay at least 10% of their balance within 10 days of the statement closing date, they will earn a 1.5% discount on the portion they elect to pay. Previously, Cardmembers were required to pay the balance in full to enjoy this benefit. They also get ‘Extra Days to Pay,’ when Cardmembers pay at least 10% of the balance, they can take up to 60 days from the statement closing date to pay the remaining balance without penalties or interest charges. Both options are designed to help Cardmembers better manage cash flow. The payment flexibility allows Cardmembers to adjust to changing business needs and also have the option to choose the most convenient time for the billing cycle to close — either at the beginning, middle or end of the month.

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Datacard Launches New Card Issuance System

Datacard Group secure ID and card personalization solutions launched its “MX1100” card issuance system. Designed specifically for mid-volume issuers, the MX1100 card issuance system helps financial institutions, government agencies and other organizations take the first step into centralized card issuance with minimal investment. Ideal for issuing highly secure national ID, driver’s licenses, healthcare cards and credit, debit, prepaid and membership cards, the system offers a unique combination of low cost-per-card and proven quality, reliability and ease-of-use for expanding card programs. Its part of Secure Issuance Anywhere platform and provides customers the flexibility to issue, replace and deliver cards anytime, anywhere, with complete security.

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EastPay Appoints Director of Risk Management Services

EastPay has appointed Debra Arai, AAP, as Director of Risk Management Services. Her primary responsibilities include conducting ACH Compliance Audits, ACH Risk Assessments, and Remote Deposit Capture Risk Reviews. She is also the Product Manager for EastPay’s ProceduresNow! software suite and provides ACH Rules interpretation support to members of the Regional Payments Association. She is located in EastPay’s Charlotte, North Carolina office. Debbie was most recently Vice President, Online Services, at Thurston First Bank in Olympia, Washington. There she held a variety of management roles and was responsible for the retail and commercial product offerings, including product management, implementation, underwriting, risk management, and electronic payments regulatory compliance.

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Central Bank Upgrades to NCR SelfServ ATMs with SDM

NCR Corporation announced that Central Bank, which services Provo, Utah and the surrounding communities, will deploy 10 NCR SelfServ ATMs to revamp its ATM network. The new ATMs include NCR’s Scalable Deposit Module (SDM) technology, and replace older machines including some from a competing manufacturer. NCR’s Scalable Deposit Module (SDM) is the only ATM technology on the market that allows consumers to deposit both cash and checks simultaneously in any orientation through a single slot. The NCR SelfServ ATMs deployed by Central Bank are designed to meet customer demands for fast, convenient service. NCR’s SDM is the only technology on the market that allows consumers to deposit both cash and checks simultaneously, in any orientation, through a single slot. SDM enables consumers to make a deposit at twice the speed of using a regular ATM.

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Elavon Adds EMV Data Protection

Elavon payment solutions provider announced its “SAFE-T” Suite security solution now includes support for EMV, providing businesses that process and store cardholder data with greater security for payment transactions. The “SAFE-T” Suite helps businesses protect card data at every step of the transaction process: when it is in use, in transit, or at rest. EMV terminals read advanced algorithms contained on Chip cards to authenticate that the card is not a counterfeit. Point-to-point encryption secures the data from the time a card is presented and as it travels across the payment processing networks. Tokenization replaces actual card data with a unique identifier to protect data at rest in a merchant’s environment, while still allowing it to be used for subsequent business purposes. For any business that processes card-on-file transactions, has a loyalty program, or needs data for customer analytics, SAFE-T Suite offers added peace of mind. It allows for these processes to continue without the risk of exposing actual card data, while making the tokenized data available for future use.

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APS Card Recognized at Awards Ceremony

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Cashplus Prepaid Card, offered by Advanced Payment Solutions (APS), has won ‘Best Payroll Prepaid Card’, ‘Best Unbanked Prepaid Card’, and ‘Best Basic Bank Account with Prepaid Card’ at the Prepaid365 Awards 2012. There were over 340,000 consumer votes and 86 entrants for this year’s Awards. The votes show just how…

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R.I.A. FCU Selects VSoft for Item Capture, Image Exchange

VSoft process improvement solutions for financial institutions, announced R.I.A. Federal Credit Union has selected its branch item capture and image exchange solutions. R.I.A. Federal Credit Union chose to deploy VSoft’s branch item capture solution as an outsourced model, which enables a seamless transition of its check processing to VSoft’s data center, VServe. The solution gives the credit union the ability to capture deposits in the back office, streamlining processes and reducing internal expenses. The credit union will also benefit from VSoft’s branch item capture, inclearings/shared drafts, out returns, archive/research and cash lettering services.

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USA Technologies Issues “Endorsement” of S.A.V.E. by James Stuckert

USA Technologies wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries, tissued the following statement regarding James W. Stuckert’s “endorsement” publicized by S.A.V.E.: In a testament to the S.A.V.E. group’s desperation, in a June 25, 2012, announcement regarding James Stuckert’s supposed “endorsement,” Mr. Stuckert was positioned as an independent shareholder. However, Stuckert is in fact a member of S.A.V.E. and any “endorsement” from him brings new meaning to the term “self-serving.”

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Novo Diav mPayment Lets Michigan Farmers Markets Take SNAP & WIC

Novo Dia Group, a software development firm specialized in the health and human services industry, announced that 325 iPod touch devices with the Mobile Market+ point-of sale (POS) application have been deployed at 26 farmers markets in Michigan, enabling participating vendors to accept several types of benefits cards, including the Supplemental Nutrition Assistance Program (SNAP), Women, Infants and Children (WIC), Electronic Benefits Transfer Cash Value Benefits (WIC EBT CVB), Farmers Market Nutrition Program (FMNP), and Summer EBT for Children (SEBTC). Additionally, vendors can process debit and credit card transactions with the same device, providing even more sales opportunities with no extra hardware investment. This effort is part of an initiative, making fresh produce, from farmers markets, more readily available to low-income families.

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Inside Secure Awarded at Canadian & International Innovation 2012 Gold

INSIDE Secure semiconductor solutions for secure transactions and digital identity announced its “SecuRead” NFC solution designed into RIM Blackberry devices won ACT Canada Canadian & International Innovation Gold Medal awards for payment solutions benefiting issuers, and for payment solutions benefiting consumers. The double Gold Medal win affirms INSIDE’s focus on security solutions for mobile devices that benefit multiple members of the mobile payment ecosystem. The “SecuRead” platform is designed into RIM Blackberry devices is the first Open NFC™-based payment solution certified by MasterCard and represents the leading edge of NFC payment support built into a smartphone. The SecuRead solution in RIM devices with an embedded secure element gives RIM a competitive advantage, and gives the mass consumer market intelligent handsets that “know” whether the user wants to complete an authentication, access or payment transaction.

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