Boston-based Alpha Software Corporation has integrated its Alpha Anywhere business application development environment with Worldpay, a leading global payment provider, to speed the creation of payment-enabled mobile business apps.
San Jose-based Vormetric IT audit firm Coalfire has released guidance for using Vormetric Transparent Encryption to satisfy Payment Card Industry Data Security Standard (PCI DSS) 3.0 requirements in sections 3, 7, 8, 9, 10 & 11 within VMware environments.
The truckers payment card has gone mobile. ME-based WEX Fleet One has launched the free Fleet One Mobile application.
BlueSnap has teamed with SecurityMetrics for PCI compliance.
PCI compliance services for BlueSnap merchants will be available at no additional cost.
Bank card default rates set a new historical low in November with a reported rate of 2.59%, down one basis point from the previous month. However, the composite consumer default rate edged up one basis points.
Amsterdam and San Francisco-based Adyen has closed $250 million in funding. The funding round was led by global growth equity investor General Atlantic, with additional participation from Temasek, Index Ventures and Felicis Ventures.
Alaric’s Fractals intelligent fraud detection solution has been upgraded with many new features. Fractals uses a combination of self-learning models and user defined rules to tackle any type of transactional fraud problem.
NCR’s cloud-based point-of-sale (POS) system for small businesses has been integrated with LevelUp. The NCR Silver system will now join at top mobile loyalty and payment platform.
NCR announced Golden Pacific Bank is deploying its mobile remote deposit capture as part of its mobile banking experience with Digital Insight. Consumers and small businesses banking with Golden Pacific will be able to deposit checks using their mobile banking app and their phone’s camera. Golden Pacific has implemented a number of initiatives to improve access for small businesses and recently won an award from the American Bankers Association for its use of technology in improving the application process in Small Business Association loans. Mobile remote deposit is part of a complete range of core banking functions powered by Digital Insight that Golden Pacific customers can complete on their mobile device including checking balances, viewing transaction history, bill pay, and funds transfers.
D3 Banking has teamed with ProfitStars. Under terms of the deal D3 Banking will offer ProfitStars’ iPay Consumer Bill Pay solution. ProfitStars is a division of Jack Henry & Associates.
Total new bank-issued card credit originated year-to-date in September was $183.9 billion, a six-year high and an increase of 25.9% from same time a year ago. The total number of new cards issued year-to-date in that same time was 37.7 million, also a six-year high and an increase of 20.1%.
A new innovative security measure can confirm the identity of any person or object, including debit and credit cards, even if essential information (like the complete structure of the card) has been stolen. It uses the unique quantum properties of light to create a secure question-and-answer (Q&A) exchange that cannot be “spoofed” or copied.