Chase and LivingSocial Launch Co-Branded Visa

Chase Card Services and LivingSocial launched the LivingSocial Rewards Visa Card, offering LivingSocial users additional value on purchases made everywhere and special cardholder-only benefits and offers. Cardmembers have the opportunity to earn points at an accelerated rate with 5 points per $1 spent on LivingSocial purchases; 3points per $1 spent on dining; and 1 point per $1 spent on all other purchases. Moreover, 100 points equate tp one LivingSocial Deal Buck- LivingSocial credits automatically applied to a cardmember’s next eligible purchase on LivingSocial.com.

Details

Fiserv Launches Automated Dual Verification for ACH Transactions

Fiserv financial services technology solutions launched an enhanced version of its “PEP+: Dual Verification” automated solution that ensures that proper controls to mitigate error and fraud in ACH processing are in place. The “PEP+” from Fiserv is a mainframe, real-time system that enables the origination and receipt of electronic payments through the automated clearing house (ACH) while its Dual Verification enhances the security and risk management capability, ensuring dual verification protocols for specific online request codes. Required authorization is customizable and it can be driven by operator, dollar-amount threshold or both.

Details

MoneyGram Details Visual Identity and Brand Positioning

MoneyGram global money transfer company detailed of its new visual identity and brand positioning with a refreshed logo, signature globe and new tagline – “bringing you closer” – that reflects the lifestyles and priorities of its core customer base. The new “bringing you closer” tagline gives voice to the company’s fast, convenient and secure money transfer service, which connects families in 194 countries in as little as 10 minutes, even if they are thousands of miles away. The new red globe logo features a dynamic curving white arrow that indicates energy and movement, a reference to the company’s role in moving money around the world.

Details

Krispy Kreme Deploys NCR Technology

NCR Corporation partnered Krispy Kreme, deploying its “Aloha” restaurant technology solution in all of its U.S.-based corporate-owned sites. Now available to all Krispy Kreme franchisees, “Aloha” allows users to manage mission critical daily operations at the local level while leveraging the power and freedom of having transactional data, systems configuration and management hosted in the cloud. With an integrated POS and kitchen production systems, the NCR Aloha solution will help Krispy Kreme maximize guest satisfaction, improve food quality and ensure food is queued, prepared and delivered to consumers. It will also allow Krispy Kreme users to securely and remotely change menu items, run reports and support multiple locations from anywhere.

Details

PayPal and Bancorp Bank Partner, Launch P2P Payment

The Bancorp Bank has partnered PayPal to offer P2P payment services to consumers via Bancorp’s affinity relationships. PayPal’s platform and technology allows Bancorp affinity relationships with the ability to provide electronic P2P payments to their customers. Bancorp will also offer its affinity relationships PayPal’s Instant Account Creation and Account Funding with PayPal. Future PayPal purchases made by Bancorp customers could eventually generate card acquiring volume for Bancorp.

Details

Payfirma mPayment App Now Open for Integration

Payfirma mobile POS products for businesses officially opened up its mobile payment platform to developers. Any third party mobile application for iPhones, iPads, or Android devices can now accept mobile payments in-person with the swipe of a credit card. Developers can leverage Payfirma’s payment platform to manage transactions, PCI compliance, and credit card reader integration. Payfirma’s integration kit seamlessly and securely shares information between third party apps and Payfirma, automating business processes, increasing efficiency, and improving usability. Integration with Payfirma allows apps to pass transaction information to Payfirma, such as the transaction type (sale or refund), transaction total, and the email address of the receipt recipient. After a transaction is complete, Payfirma can pass back information such as the transaction ID, time, date, and order details, which creates a complete and integrated experience.

Details

Verifone Reassures Growth Projections

VeriFone Systems, issued the following statement regarding a report on organic growth calculations that was disseminated this morning from Deutsche Bank. VeriFone uses a methodology of calculating organic growth prescribed by the vast majority of investors and Wall Street analysts: excluding revenue of all acquired companies, large and small, until 12 months after acquisition. Deutsche…

Details

SalesVu 2.0 Claims mPayment Edge on Square and Intuit

SalesVu just released its latest mobile payment application, SalesVu 2.0 for iPhone’s and iPad’s, and is subsequently proclaiming its leadership position as the only mobile payment solution with centralized cloud-based management, reporting, and social media marketing. That’s because new retail functionality built into SalesVu 2.0 includes the ability to print receipts and scan barcodes for faster transaction processing; the ability for employees to clock-in and out; and allowing retailers to simplify their close-out process with SalesVu’s cash drawer functionality. The launch of SalesVu 2.0 will also now include the application and credit card reader at no cost to businesses, offer lowest credit card processing fees of any mobile payment solution at a flat 2.7% rate for both swiped and keyed-in transactions.

Details

TrustCommerce Partners With Latisys to Host PCI Compliant Payment Services

Latisys, a leading national provider of outsourced IT solutions — from colocation to cloud — announced an IT infrastructure services agreement with TrustCommerce, a provider of secure payment and risk management solutions. TrustCommerce provides services to some of the largest HealthCare Providers, Insurance Companies, State Transportation Agencies, Municipalities, and Fortune 100 companies. Offering a wide…

Details

Trustwave Validates NWP Payment Services Compliance

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 for the third consecutive…

Details

Trusteer Heads mPayments Conference Panel

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 Management, Bank of New…

Details