ACI Launches Improved Acquirer Platform

ACI Worldwide payments solutions launched its improved “ACI Acquirer” multi-currency system for managing merchant accounts, histories and settlements. The enhanced ACI Acquirer offers greater support for U.S. taxation requirements, enhanced interchange fee processing and expanded features for merchant settlement delay and deposit reserves. ACI Acquirer enhancements are complimented by the launch of the newest version of ACI Interchange™, the company’s central monetary transaction manager for clearing card transactions. Both solutions ensure that acquiring banks and processors remain current with the latest regulatory developments in the U.S. market. This increases customers’ ability to operate seamlessly in today’s highly competitive merchant acquiring environment. ACI Issuer, ACI Acquirer and ACI Interchange are installed at more than 70 customers in North America, Europe and Asia.

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Equinox Teams PayPal for In-Store Checkout

Equinox Payments payment terminal and secure applications provider partnered PayPal to allow consumers to pay with PayPal at large retailers using Equinox’s next-generation PCI 3.x Certified L5300 and L5200 consumer-facing payment terminals. In doing so, Equinox has integrated the PayPal Card and Card Free payment solution into the code base platform for all L5300 terminals. Those retailers that have already deployed the L5300 can take advantage of the Equinox Remote Key Injection System to update their terminal software and activate the PayPal solutions. Equinox technology securely updates terminal software that requires new symmetric keys without having to take the terminal out of the checkout lane and shipping it to a secure key injection facility.

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WebMediaBrands Announces Final Program for Smartphone & Tablet Games Summit

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] WebMediaBrands announced the completed conference program for its Smartphone & Tablet Games Summit (#smartgames), to be held on June 26, 2012 at the Mission Bay Conference Center in San Francisco. The conference program covers tactical mobile gaming tips, design tactics, successful monetization strategies, and methods for improving customer acquisition and distribution…

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DFC Global to Present at Investor Conferences

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] DFC Global Corp., a leading international diversified financial services company serving primarily unbanked and under-banked consumers for over 30 years, announced that the Company will participate at the following investor conferences: Jeff Weiss, Chairman and CEO, and Randy Underwood, Executive Vice President, will present at the Stephens 2012 Spring Investment Conference…

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Western Union Highlights Strategic Initiatives

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Western Union Company held its Annual Meeting and reiterated the company’s strategy while emphasizing its commitment to expanding and evolving the business. “I believe Western Union has the assets, capability and drive to be a truly customer-centric organization,” said President and CEO Hikmet Ersek. “I look forward to continuing to…

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CKE Restaurants Helps Fight Inflated Card Swipe Fees

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CKE Restaurants, parent company of Carl’s Jr.® and Hardee’s® brands, announced it has joined with other quick-serve restaurant and convenience store chains in filling an amicus brief in support of a lawsuit against the Federal Reserve regarding unjustifiably high swipe fees charged by major banks. CKE and the other chains strongly…

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Version One Now Sapphire Systems Document Manager

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Document management software author, Version One, announces a partnership agreement with Sapphire Systems (Sapphire), a global provider of financial accounting, ERP and business management systems. Under the terms of this global agreement, Sapphire is re-selling Version One’s document management and imaging solutions, tightly integrated into Infor10 Financials Business (SunSystems) and SAP…

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GlobalCollect and Newzoo Offer Insight on Video Game Monetization

GlobalCollect premier payment service provider of local e-payments has extended its partnership with games research firm, Newzoo, to provide fresh data on key emerging and western markets for 2012. GlobalCollect will again sponsor Newzoo’s suite of consumer research in 2012, publish unique joint insights and organize webinars centered around the hottest topics in the games industry. The partnership combines the payment processing and monetization expertise that GlobalCollect has developed servicing the worlds’ largest game companies with the consumer insights provided by Newzoo. One of the key objectives of the co-operation is to increase transparency of emerging markets. This is illustrated by the joint effort to profile game preferences and spending behavior of 30 million active internet users in Turkey and 18 million in Poland.

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MasterCard Agrees Interchange Fees to Make Payments More Expensive For Consumers

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard Europe announced its disagreement with today’s judgment of the General Court in Luxembourg concerning cross-border interchange fees and said that it intends to appeal the judgment. Commenting on the judgment, Javier Perez, President, MasterCard Europe said: “MasterCard balances the interests of both consumers and retailers, so that each party pays…

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Despite Slow Growth in Jobs, Consumers Rack up the Debt

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Of the total $2.54 trillion in outstanding US consumer debt-up a jaw-dropping 10.2% since February- total outstanding revolving credit was up 7.8% in March for a steep jump from $798.5 billion in February to $803.6 billion. This compares to the year ago figure of 790.6 and comes as unemployment improved marginally…

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GlobalPlatform Names TEE Compliance Work Group Chair

Stephanie El Rhomri, New Services Marketing Manager at GlobalPlatform qualified laboratory and secure chip test tool provider FIME, has been appointed as the Trusted Execution Environment (TEE) Compliance Work Group Chair for industry association GlobalPlatform. The TEE is a secure area that resides in the main processor of a mobile device, such as a smart phone, and ensures that sensitive data is stored, processed and protected in a trusted environment. It will offer greater security to the screen and keyboard of a mobile device, protecting against attacks and offering the secure storage of sensitive information.

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HSBC Appoints Head of U.S. Payments/Cash Management

Michael Cummins has been appointed the HSBC head of Payments and Cash Management in the United States. He will oversee all aspects of the U.S. Payments and Cash Management business, including sales, product strategy and innovation, client and business management and risk and control management. Most recently with J.P. Morgan Chase where he spent 20 years in the treasury and commercial businesses at the bank and its predecessors, he served as a managing director and sales executive in J.P. Morgan Treasury Services with oversight of the Corporate Client Banking segment. In previous roles, Cummins holds a Bachelor of Science degree in business administration and an M.B.A. from Columbia University.

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