Apriva Announces mPOS Analytics

Apriva end-to-end wireless transactions, gateway services, and secure information solutions, expanded features within AprivaPay Plus POS software. AprivaPay Plus now delivers highly sophisticated analytics capabilities to brands, enhanced reporting features to merchants via an online web companion portal, iPhone 6/iOS8 compatibility and compliance with Americans with Disabilities Act (ADA) regulations. M-commerce will be the dominant business model, with $516 billion in sales driving more than 70 percent of all mobile internet revenue by 2017. As the industry grows, enhanced analytics, functionality, broader language support, and robust reporting for both merchants and brands are becoming more critical. Brands using AprivaPay Plus as a white-labeled application will now be able to access detailed anonymized analytics on their brand’s user base including demographics, geo-location, user engagement statistics, device information and marketing data, allowing them to identify their precise user-base, tailor their application accordingly and drive future business via key performance indicators.

Panasonic puts NFC in the aircraft cabin

Panasonic Avionics Corporation (Panasonic) is introducing EMV-compliant Near-Field Communication (NFC) technology in its in-flight entertainment (IFE) systems. Industry observers had recently predicted on-board NFC applications were years away, but Panasonic will be launching the technology with airlines in the summer of 2015. Passengers and crew will be able to use NFC-enabled smart phones and cards in-flight for high value transactions and purchases; synchronization of personal data to create just-for-me experiences; recognition of a passenger’s Frequent Flyer status via NFC card or phone, giving access to benefits or promotions, such as free Wi-Fi for Gold members; and pairing of NFC-enabled devices with the embedded IFEC system, allowing airlines to push information to passengers during their flight.

NCR Silver POS Gets Bronze Stevie Award

NCR Silver received a Bronze Stevie Award for “Best Business-to-Business Product” of the year during the 12th Annual American Business Awards Sept. 12, 2014. The American Business Awards is the nation’s premier business awards program. A record number of nominations were received in 2014 with more than 3,300 organizations vying for the top spot. NCR Silver was among those honored at the New Product & Tech awards ceremony. Also at the ceremony, NCR Silver won a “People’s Choice Best Business-to-Business Product” of the year. The nationwide public vote was conducted over the summer, with the highest number of votes determining the winners in various product categories. This year, more than 57,000 votes were cast.

LCH.Clearnet Deploys Calypso Collateral Management

Calypso cross-asset front-to-back technology solutions for financial markets, announced LCH.Clearnet Ltd and LLC have completed the project to introduce the Calypso Collateral Management solution to their Collateral and Liquidity Management (CaLM) offering. With this development, LCH.Clearnet is able to deliver further processing efficiencies with automated, real-time Collateral Management operations. The Calypso Collateral Management solution delivers Automated real-time management, consolidated view of Member collateral assets facilitating a streamlined margin call process and Full support for cash management. In implementing Calypso, LCH.Clearnet has replaced a vendor package in the front office and an in-house legacy platform in the back office.

Smartcard Vendors to Shift Focus on Services

The global smart card market will see steady growth due to the increasing emphasis on the Europay, MasterCard and Visa (EMV) standard in the payment and banking vertical. New analysis from Frost & Sullivan, 2014 Global Smart Card Forecaster, finds that the market earned revenues of €5.37 billion in 2013 and estimates this to reach €7.16 billion in 2019. The SIM card segment will account for 42.6 percent of the total revenue while the banking and payment vertical will make up 33.5 percent. The smart card government ID and transportation sectors will constitute the rest. This rapid shift to EMV contactless solutions and the associated large volume of shipments will cause pricing pressures in the smart card market, mainly in Asia-Pacific. A similar case is also expected in the US, where the uptake of EMV and contactless solutions has been considerably delayed. With many companies in the US having already invested in EMV in anticipation of a possible migration, it is uncertain whether these firms will have a positive return on investment.