First Data Shows February Payment Trends

First Data Corporation, a global leader in electronic commerce and payment processing, released its First Data SpendTrend analysis for the full month of February 2012 compared to February 2011. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations. February’s overall year-over-year dollar volume growth was…

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ABC Mobile Pay Exhibiting Mobile POS Payment Solution

Mobile payments and mobile POS solution provider ABC Mobile Pay, announces their strategic sponsorship at the Advanced Commerce and Mobile Retail Services Summit (RAMP). ABC Mobile Pay (ABC) will be exhibiting their mobile POS payment solution which is designed to revolutionize the customer buying experience in the “Brick & Mortar” retail marketplace. By enabling merchants to easily and quickly access POS features such as inventory access & control and barcode scanning etc. on virtually any mobile device such as an iPod or iPad, retailers can ensure that their customers don’t wait in long, time-consuming check out lines.

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Orbograph Inks 60th Contract for Its Check Recognition

Orbograph recognition solutions in check processing announced its OrboCAR Accura XV check recognition solution- introduced to the market in Dec 2011- has already been purchased by a total of 60 financial institutions, service bureaus and remittance clients. This lets users streamline check processing workflows in a broad range of applications and environments. Orbograph’s 15th anniversary solution, Accura XV, is the new core recognition platform for all of the Orbograph check recognition licensing and Automation Services programs available for centralized and distributed workflows.

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First Citizens Bank Acquires Transoft Cash Optimization

Transoft International, a leading provider of currency supply chain management solutions for the banking industry, announced that First Citizens Bank has renewed the partnership with a new focus on central vault cash management. The addition of OptiVault complements Transoft’s OptiCash solutions already used for sophisticated cash optimization in the banks’ ATM/branch networks to provide a…

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First Citizens Bank expands Transoft cash management deal

Transoft International, Inc., a leading provider of currency supply chain management solutions for the banking industry, announced today that First Citizens Bank has renewed the partnership with a new focus on central vault cash management. The addition of OptiVault complements Transoft’s OptiCash solutions already used for sophisticated cash optimization in the banks’ ATM/branch networks to…

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Digital Check Receives Silver Bullet Ranger Certification

BAI PaymentsConnect Conference – Digital Check Corp (www.digitalcheck.com), a leading provider of desktop check scanners for remote deposit capture, as well as bank teller and branch back counter check scanning technology to the financial industry worldwide, announced that it has certified its BranchXpress BX7200 high volume scanner with Silver Bullet’s Ranger interface. Digital Check’s BranchXpress…

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Ingenico partners SilverPay for Taxi Payment

Ingenico payment solutions partnered SilverPay to supply mobile and countertop payment units to taxi fleets. This will provide the taxi drivers Ingenico’s “EFT930G” GPRS-enabled m- payment solution and the “iCT220” countertop chip and pin device. A first contract has already been secured with a medium-sized taxi fleet in Gateshead and with additional opportunities in the pipeline. This taps a market consisting of over 250,000 vehicles. SilverPay supplies payment solutions, primarily to private transport operators, and offers first line support and issue resolution for customers.

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