Trustwave Validates NWP Payment Services Compliance

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NWP Services Corporation (NWP), a leading provider of utility management, resident and property operation services that enable multi-housing properties to drive down their costs and create new revenue opportunities, announced it has been validated compliant with the Payment Card Industry Data Security Standard (PCI DSS) as a Level 1 service provider…

Details

Trusteer Heads mPayments Conference Panel

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Trusteer: WHO: Rakesh Loonkar, president of endpoint cybercrime prevention firm Trusteer. Mr. Loonkar is an expert on enterprise IT security technologies. He has held executive positions at security vendors Juniper Networks, NetScreen, and OneSecure. Rakesh earned a B.S. in Chemical Engineering from Rensselaer Polytechnic Institute. Joe Bernik, Head, Global Technology Risk…

Details

SunGard AvantGard PayNetExchange PCI-DSS Compliant

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] SunGard’s AvantGard PayNetExchange has attained the Payment Card Industry Data Security Standards (PCI-DSS) Report of Compliance as a Level I Service Provider. This certification helps assure companies that AvantGard PayNetExchange provides a secure, integrated payments platform that safeguards against fraud and protects sensitive customer data. Through this report, AvantGard PayNetExchange has…

Details

Heartland Payment Posts 70% Increase in 1Q/12

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Heartland Payment Systems, one of the nation’s largest payment processors, announced GAAP net income of $13.8 million, or $0.34 per share, for the three months ended March 31, 2012. Adjusted Net Income and Adjusted Earnings per Share were $15.7 million and $0.39, respectively, for the quarter ended March 31, 2012, compared…

Details

FirstBank licenses Paragon ATM Software

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] FirstBank, Tennessee’s largest independently owned and operated bank, has licensed Paragon’s ATM configuration management software, ConfigBuilder, to enhance its ATM configuration file development. FirstBank required a solution that would provide more control over its ATM screens and fully test its ATM load files prior to deployment. With ConfigBuilder, FirstBank can customize…

Details

89 Degrees Names Director of Digital Marketing

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] 89 Degrees, a next-generation marketing solutions provider that uses advanced analytics to drive better results for data-intensive marketers, has named Tim Pounanov director of digital marketing technology. In this new position, Pounanov will lead 89 Degrees’ Digital Marketing Technology Services, managing a team of digital marketing application developers and engineers to…

Details

BMO Bank of Montreal Implements Cummins Allison Coin Counting

Cummins Allison provider of coin currency and check handling solutions will be providing BMO Bank of Montreal with Cummins Allison self-service coin counting machines for use in many of its new branches. Cummins Allison high-speed self-service coin machines are able to count mixed Canadian coins at a rate of up to 4,000 per minute. After coins are deposited, the Cummins Allison coin machine issues a receipt for the total, which can then be exchanged at the branch for cash or deposited into a BMO bank account.

Details

April Card Rates Teeter Off for Consumer

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] After demonstrating consistent increases throughout February and March, credit card APRs leveled off, but remain unusually high in April. Peaking at well over 15% following the holiday shopping season, credit card interest rates plummeted briefly to 14.85% around the beginning of March before rocketing past 15%. Throughout April, average APRs crept…

Details

First Data Implements Partners Ricoh Printing

Ricoh Production Print Solutions digital output solutions completed one of the largest color implementations in its history at First Data. The installation includes 15 duplex InfoPrint 5000 GP color inkjet systems, 4 of which are coupled with InfoPrint 5000 MP MICR units. Deployed by First Data primarily for printing credit card statements, the InfoPrint 5000 was chosen because of its reliability, color consistency, and ease of use. First Data implementing the “InfoPrint 5000” system allows it to enable cost savings for its customers with an advanced color solution offering high-quality, drop-on-demand color printing.

Details

Secure Remote Payment Council Deploys Chip and Pin Group

The Secure Remote Payment Council (SRPc) formed a working group to define and adopt a POS and ATM solution for chip and PIN acceptance for PIN debit networks. This will provide interoperable adoption of chip and PIN debit payments to the industry, while supporting innovation, choice, and the proven track record of PIN security in reducing payment fraud. The working group includes leading PIN debit networks STAR®, SHAZAM®, PULSE®, NYCE®, AFFN®, ACCEL/Exchange®, ATH®, Credit Union 24®, CO-OP Financial Services® and Jeanie®.

Details

First Data Acquires Stake in FEXCO Payment Processing

First Data inked acquisition agreements with FEXCO, taking over an equity stake in the “OmniPay” card and electronic payment processing services to merchant acquiring banks. This puts First Data’s ownership at 100%, in which it has had an equity investment in OmniPay since 2002 and took a majority equity interest in the company in August 2006. FEXCO also continues as First Data’s preferred supplier of dynamic currency conversion (DCC) processing solutions.

Details