Fiserv will offer Guardian Analytics FraudMAP solutions, delivering integrated behavior-based anomaly detection solutions to Fiserv consumer and business banking clients. The agreement provides Fiserv clients with a new option for strengthening layered security and meeting the Federal Financial Institutions Examination Council (FFIEC) expectations for anomaly detection. FraudMAP is widely deployed at leading financial institutions to proactively prevent consumer and commercial fraud. The solution protects against a wide range of account takeover threats including malware, phishing, social engineering, vishing, data breaches, as well as payments fraud. FraudMAP is rapidly deployed and is easy for financial institutions to incorporate into their operations.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total nonfarm payroll employment rose by 148,000 in September, and the unemployment rate was little changed at 7.2 percent, having declined 0.4 percentage point since June. Meanwhile, the number of unemployed persons, at 11.3 million, was also little changed and unemployment has decreased by 522,000 since June, according to the U.S.…
Lusis payments software announced a major deal with Credit Agricole for its Tango LitePOS technology, by which Credit Agricole will integrate the POS solution into its global payment project. Credit Agricole Cards and Payments is a major European player in the payments space and its POS estate numbers approximately 300,000 terminals. Deploying TANGO LitePOS across this estate will deliver maximum flexibility, scalability and reactivity to Credit Agricole’s business. After a successful product trial over the past 12 months, the LitePOS solution for Credit Agricole, called TMS (Terminal Multi Services), is now ready for full roll out. TANGO LitePOS effectively splits a POS device into two component parts: firstly a local device and secondly a central terminal management server. By challenging the traditional POS terminal environment, it is now possible to offer a secure, more cost-effective, flexible and scalable POS environment for retailers.
Fexco completed the acquisition and subsequent funding of mobile payments and loyalty start-up, FLASHiZ, in partnership with BNP Paribas Personal Finance. FLASHiZ focuses on the delivery of mpayment solutions using both QR codes and NFC to enable consumers to pay in shops, online, make peer-to-peer transfers and pay paper invoices. The FLASHiZ platform greatly simplifies merchant integration and opens up a new mobile payment method for consumers. Merchants can use the platform to link a variety of payment methods with loyalty and couponing functionality in a way that forges deeper relationships with their own customers. Deployed at more than 500 outlets, the company has built up a steady pipeline of new deployments in key European markets.
MasterCard (MA) announced MasterCard Travel Controller to offer travel management companies and their corporate clients the ability to reconcile expenses more quickly and securely, which helps control spending, reduce operational costs and ensure compliance with corporate travel policy. Companies of every size risk tremendous annual budget losses through unmanaged travel activity. These companies look for ways to prevent ‘leakage’ and opportunities for cost savings. Controlling spend to achieve contracted terms and policy compliance is fundamental to effective travel management. Travel Controller provides an integrated solution for issuers, Travel Management Companies (TMCs) and their corporate clients. It is unique in its functionality to match and reconcile 100% of central travel expenses to booking data. The solution also provides companies with the data needed to allocate charges to the appropriate cost centers and allows companies to expand their control over travel spend by setting custom virtual accounts for each transaction.
First Data electronic commerce and payment processing appointed Marc Overton co-General Manager of Europe, Middle East and Africa (EMEA) and Head of the regions Retail Payments Solutions (RPS) business. He joins First Data from EE, the company that runs Orange and T-Mobile in the UK, where he held the position of Vice President of Wholesale and Machine 2 Machine (M2M). Prior to this, Overton held senior roles at leading mobile and telecommunications companies including Orange, Wanadoo and Three (Hutchison 3G). Overton’s appointment follows First Data’s unveiling of its Clover™ Station earlier this month at Money2020 in Las Vegas. The next generation POS and business management solution, developed for small and mid-sized businesses, is powered by intuitive, cloud-hosted software that comes with everything a business owner needs in one convenient package.
TransAct Technologies extended its relationship with PCI Gaming Authority to bring its Epicentral® promotion and bonusing system to a second casino operated by the tribe following the implementation of Epicentral at Wind Creek Casino & Hotel Atmore in March 2013. The deployment, which is expected to go live in late 2013 and represents an extension of the existing Epicentral system in place at Wind Creek Casino & Hotel Atmore, will bring Epicentral to all 2,500 Class II electronic games at Wind Creek Casino & Hotel Wetumpka and expand the Company’s deployment at PCI Gaming facilities to a total of approximately 4,200 games. The cost-efficient software system that enables casinos to internally develop marketing programs and promotional coupons for distribution to customers on a real-time basis at a machine. The system works with existing systems and games as it operates with a separate and distinct connection to TransAct’s Epic® 950 printer. As a result, casinos can deploy the Epicentral Print System to connect to all existing machines.
Moneris Solutions partnered CenPOS cloud-based payment management solutions for the business-to-business market. Having integrated Moneris’ advanced payment processing function into its cloud-based omni-channel payment platform to transform the payment processing experience for businesses that sell to other businesses, CenPOS will integrate a suite of end-to-end transaction management tools that help B2B increase sales and minimize costs through a variety of innovative reporting tools and interchange management functions. CenPOS consolidates data from payments received through all business channels”face-to-face, online, mobile and electronic bill presentment and payment (EBPP)”into an enterprise data analytics platform. B2B companies can now quickly and easily manage this data and identify opportunities and threats that impact their bottom line.
EFT Source ATM and debit cards solutions announced its president will discuss how instant issuance impacts customer service on Oct. 22 during the presentation “How Instant Issuance is Shaping Customer Service,” at SourceMedia’s 21st Annual ATM, Debit & Prepaid Forum (3:20 p.m. PT at The Bellagio Hotel). He will be joined by Jeremy Miller, regional vice president of Centier Bank, to discuss how instantly issuing cards establishes your institution as superior in providing convenient, responsive service, improves cardholder satisfaction and loyalty, increases activation rates and maximizes interchange revenue. EFT Source’s patented instant issuance solution, Card@Once, enables financial institutions’ customers to simply walk into a branch and, within seconds, receive a fully functioning, active payment card. When a customer requests a card, the data is securely transferred from the branch location to EFT Source. The data is immediately processed and converted into an encrypted print file that is sent back to the branch electronically.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] TSYS posted 3Q/13 total revenues of $588.1 million, an increase of 25.6%. Total revenues were impacted by a negative currency translation of $6.4 million. Revenues before reimbursable items were $527.0 million, an increase of 29.8%. Revenues before reimbursable items were impacted by a negative currency translation of $6.3 million. Adjusted EBITDA*…
Wonga Payday loans is moving into the online payments market with the acquisition of BillPay. The acquisition of BillPay follows the launch of Wonga’s consumer loans service in Poland and the purchase of an online, short-term consumer credit business in Spain during the past 12 months. BillPay has around two million end-users and works with over 3500 online shops. The business is a key payments partner with a number of the largest e-commerce merchants in Europe – including CBR Group (CECIL and Street One), Runnerspoint, Fahrrad.de, DriveNow and Home24 – across a broad range of segments from travel and fashion to electronics and furniture.
MoneyGram and CIMB Bank Singapore partnered to offer international money transfer services at the CIMB Bank Currency Exchange outlets at Resorts World Sentosa and the Marina Bay Cruise Centre, bringing increased accessibility of funds transfer services to customers. The addition of the two CIMB Bank Currency Exchange outlets increases the MoneyGram network in Singapore. Customers can easily send or receive money at any of these locations by submitting the relevant ‘send’ or ‘receive’ form and providing photo identification to complete the transfer.