Credit Agricole Implements ACI Payment infrastructure

ACI Worldwide is working with Credit Agricole Cards and Payments to update its payments infrastructure and deliver scalability, reliability and agility. In doing so, Credit Agricole Cards and Payments has built its payment infrastructure using BASE24-eps, ACI’s flagship payment engine. Credit Agricole Cards and Payments is the processor for the payments business of Credit Agricole and as the foundation for its ongoing project to upgrade and improve its payment processing infrastructure and enable innovation, has implemented BASE24-eps running on IBM Power 770 systems for international customer support. Credit Agricole Cards and Payments has also started working with ACI to use BASE24-eps for transaction authorisation for the 30 million cards issued by the various Credit Agricole institutions.

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Conference Board Economic Index Improving

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Running counter to multiple negative economic indications this month, the Conference Board Leading Economic Index just released figures up 0.3% for May to 95.8 (2004 = 100). Indicating a strengthening consumer outlook on the US economy- despite racking credit card debt and mounting card charge-offs, this follows the general trend over…

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Fundable Deploys WePay Marketplace API For Payments

WePay online payment acceptance partnered Fundable.com to power payments for the company’s crowdfunding platform. The WePay API enables companies like Fundable to allow their users to start accepting payments instantly, without requiring users to have a pre-existing merchant account. The Marketplace API provides Fundable with a fully compliant payment solution, without compromising the platform’s user experience. The recently passed JOBS Act (also known as the Crowdfunding Bill), which will allow startup companies to publicly raise money from non-traditional investors, has led to explosive growth in the crowdfunding space.

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USA Technologies’ Board Nominees Underscore Commitment to Performance

USA Technologies cashless payment and M2M telemetry solutions for self’serve, small’ticket retailing industries, provided shareholders with a review of its nominees for election to the board of directors at the upcoming 2012 Annual Meeting of Shareholders to be held on Thursday, June 28, 2012 at 9:00 a.m. As part of its aggressive turnaround strategy, the USAT Nominating Committee and executive leadership identified several key areas of experience that they considered to be critical to enable USAT to continue its growth trajectory.

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Virtual Piggy Integrates Subscriptions into Payments System for Kids

Virtual Piggy announced the expansion of their financial payment system to support monthly subscriptions to teens and tweens, who can now purchase subscriptions within games and other online digital media services by using their Virtual Piggy accounts. The “Fanlala” social entertainment and lifestyle destination for tweens and teens, focusing on entertainment and lifestyle news, will be one of the first companies to integrate the Virtual Piggy subscription payment model.

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Erply to run POS app on Microsoft Surface

ERPLY, the leading cloud-based point-of-sale (POS) provider, today announced that the company will be offering the first native business POS application to run on Microsoft’s just-announced Surface Tablet.

The new app’s POS user-interface is optimized for tablet touch screen usage and will deliver a completely new approach to POS user-interface design. While the Surface Tablet will have broad consumer appeal, store owners and managers will be able to run their stores via the tablet, right at launch.

The ERPLY software supports virtually all external peripherals, providing for easier adoption, while allowing store-owners to use credit card readers, bar code scanners and printers on the tablet.

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Egan-Jones Recommends for USAT Technologies Full Slate

USA Technologies, a leader of wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries, announced that the third independent proxy advisory firm, Egan-Jones Proxy Services (“Egan-Jones”), has joined Investor Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) in recommending FOR the election of ALL nine USAT director nominees on the WHITE proxy card at the USAT 2012 Annual Meeting of Shareholders to be held on Thursday, June 28, 2012. Investor Presentation: USAT filed an investor presentation with the Securities and Exchange Commission, which provides an accurate discussion of the Company’s business and additional details regarding USAT’s successful implementation of its turnaround plan to create value for shareholders. We invite you to view the “ISS Presentation” by clicking here or access via the Investor Relations section of USAT’s website at www.usatech.com.

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Coalfire Indicates Healthcare Providers to Reduce PCI Scope

Coalfire Systems PCI Payment Application and Qualified Security Assessor (PA-QSA) company announced healthcare providers will reduce the scope of PCI compliance requirements with InstaMed, the leading Healthcare Payments Network. InstaMed’s Payment Card Encryption, integrated with MagTek®’s MagneSafe Security Architecture and secure payment card devices, enables providers to significantly reduce and nearly eliminate their risk of a data breach.

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1.5% of Airline Online Booking Revenue Lost to Fraud

Globally, 66% of airline merchants are seeing fraud levels stay the same or increase as they lose 1.5% of booking revenue to fraudulent transactions, according to the global Perfect Passenger Payment insights report, commissioned by WorldPay. With 29% of airlines reporting that incidents of fraud have risen in the past year, there is in place a robust screening process when buying tickets online. With this, 71% of consumers would prefer a slower payment process with more rigorous security checks than a faster process with fewer checks. The global study surveyed 51 airline merchants including low cost, regional and global airlines and 4,500 consumers from the US, UK, China, Japan, Brazil, Finland, Spain, Germany and France to explore views on the online booking process for buying airline tickets.

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INSIDE Secure Launches NFC Program with Brevets

INSIDE Secure semiconductor solutions for secure transactions and digital identity launched NFC patent licensing program with France Brevets, the first investment fund dedicated to patent promotion and monetization in Europe. The program will make the INSIDE Secure NFC patents available to device manufacturers building the next generation of products that will support a wide range of contactless payment, transit, access control, loyalty, ticketing and other services. France Brevets will now manage and lead all the efforts under the NFC licensing program, providing device manufacturers access to the INSIDE Secure NFC patents, which include both essential and implementation-specific approaches for NFC.

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