Digital River Offers Cloud-Based Subscription Billing

Digital River enhanced its Digital River World Payments solution to include cloud-based subscription billing, allowing merchants to increase recurring revenue across global markets as well as optimize the entire payment lifecycle from subscription initiation through the commerce transaction and payment. Digital River has offered subscriptions as part of its Global Commerce™ enterprise solution for more than a decade and is now extending that deep experience to the Digital River World Payments solution. The new integrated offering provides merchants access to both global online payment processing and a cloud-based subscription billing service via a single solution, a unique differentiator among competitive subscription solutions. It offers compliance management for subscriptions; customizable billing models; and support during pre-and post-transaction stages.

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Mako Networks Level 1 PCI DSS Certified

Mako Networks network management and security company is now certified for a third consecutive year as compliant with the PCI DSS. Having met the more than 200 requirements of the PCI DSS, Mako was the first network management company in the world to pass the rigorous audit process in 2010, the highest security clearance attainable for protecting credit card data. The audit culminates in an annual worldwide Report on Compliance (RoC), issued for 2012 by Verizon Business, which attests to the overall security of Mako’s solutions, including a cloud-based Central Management System, and network appliances installed at customer locations. Merchants that use the Mako System to protect their payment card data can apply the Mako RoC in their own annual audits, drastically reducing the scope and number of technical questions they’re required to complete.

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PYDS Selects Futurex Encryption for Its Mobile App

Payment Data Systems electronic payments solutions provider selected the industry leading “Excrypt SSP9000” hardware security module from Futurex for deployment with its “iRemotePay” mobile application. The “iRemotePay” platform is a wireless mobile payments app, initially deployed for the iPhone®, iPad®, and iTouch® to process credit card and ACH payments (e-Checks) over the wireless networks from remote locations and view these payment transactions while away from the office. The “Excrypt SSP9000” is compliant with both current and emerging audit requirements, including ASC X9.24 – Part 1 and Part 2, FIPS 140-2 Level 3, and PCI HSM. During payment transactions, sensitive cardholder data is immediately encrypted at the point of capture by the iRemotePay mobile application and then decrypted by the Excrypt SSP9000 behind a secure boundary, ensuring full end-to-end protection.

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First Data PCI Rapid Comply Solution Now Live

First Data Corporation electronic commerce and payment processing announced the First Data PCI Rapid Comply(SM)solution, an easy-to-use online Self-Assessment Questionnaire (SAQ) and vulnerability scanning tool that can help small to mid-sized merchants achieve and maintain Payment Card Industry Data Security Standard (PCI DSS) compliance. The PCI Rapid Comply solution is a merchant-facing, “help-based” web application that can be used to complete the annual SAQ quickly and easily. By answering just a few “pre-SAQ” questions, the PCI Rapid Comply solution can direct merchants to the SAQ version that is right for their business and help pre-populate the appropriate SAQ questions with accurate answers.

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ERPLY & Embarcadero Bring Windows POS to Mac OS X

Embarcadero Technologies software solutions for application and database development, announced ERPLY cloud-based POS software, used Embarcadero Delphi XE2 with FireMonkey to develop its Windows Point of Sale software and pave the way for a Mac OS X version. ERPLY recently announced a strategic integration with PayPal providing businesses with a new way to accept mobile payments and manage their business operations. ERPLY’s largest deployment has 500 locations and the Windows POS application is now being launched across the retail chain of Elizabeth Arden Corp.

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Tsesnabank Implements BPC SmartGuard

BPC Banking Technologies Open System e-payment solutions implemented its comprehensive fraud monitoring and prevention solution, SmartGuard at Tsesnabank. SmartGuard is one of the range of payment solutions available within BPC’s SmartVista suite and monitors 100% of authorization traffic across all channels to detect and prevent fraudulent transactions – stopping fraud before it happens. Tsesnabank was a BPC SmartVista client already and the addition of SmartGuard to its existing payments infrastructure was achieved quickly and smoothly thanks to SmartVista’s sophisticated architecture.

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Bango mPayments Posts Quarterly Totals

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bango mobile web payments and analytics announced its Final Results for the year ended March, 31 2012, clocking a turnover for the year of GBP15.6m (FY2012: GBP19.3m). Meanwhile, gross profit totaled GBP2.29m (FY2011: GBP2.49m) while total loss after tax was GBP0.93m (FY2011: loss of GBP0.70m) for an increased amortization charge for…

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Isle of Wight Attendees to Enjoy MasterCard PayPass wristbands

Isle of Wight Festival goers will will experience the benefits of automatically topping up their contactless prepaid MasterCard PayPass wristbands and also using them to access the event. Now, 13,000 ticket holders will receive PayPass wristbands before they come to the event, making entry to the site and grabbing a bite to eat even easier, using Radio Frequency Identification (RFID) technology. Data is transferred safely and securely from the tag attached to the wristband to the contactless readers installed in many locations around the festival. For purchases of GBP20 or less, all users have to do is simply tap their PayPass wristband on the reader, removing the need to dip a card, enter a PIN or provide a signature.

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Société Générale Bank & Trust Implements FRSGlobal Reporting

Wolters Kluwer Financial Services announced that Société Générale Bank & Trust has gone live with its FRSGlobal regulatory reporting solution. Société Générale Bank & Trust chose the FRSGlobal Regulatory Reporting solution to help automate, standardize and simplify its Singapore and Hong Kong regulatory returns. Subsequently, the bank will offer automation, standardization and simplification of reports as a result of less reliance on dependencies across the end to end process; strong audit trails of data flows; and consistency across the different reports presented to the regulators. Société Générale Bank & Trust is able to benefit from FRSGlobal’s unique Regulatory Update Service, which gives them access to information to help remain up-to-date and compliant with changes in regulatory requirements.

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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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