NCR Corporation announced NCR Silver iPad POS system for small business has been integrated with Retail Intel, a cloud-based service that automatically pulls sales data directly from the NCR Silver platform to QuickBooks®. By eliminating the need for time-consuming daily journal entries, the integration will save businesses countless hours on manual tasks and significantly improve operational efficiency and accuracy. It helps Shift Management and Cash Reconciliation, Time Clock management and offers Multiple Tax Options.
Heartland Payment announced that its Board of Directors has authorized a new $75 million share repurchase program. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions. The new authorization is a result of the completion of an existing program, which went into effect effective on November 6, 2012, under which the company repurchased 1,667,983 shares of its common stock at an average price of $29.98 per share.
Citi cardholders can use ThankYou® Points for their bill payments. Citi ThankYou® Rewards members can earn ThankYou Points across their Citi banking and credit card relationship and use these points to pay virtually any bill online including phone, cable and electricity. Citi ThankYou Rewards members can use their ThankYou Points – and their ThankYou enrolled consumer checking account – to pay bills online.
Credit quality for VISA and MasterCards (V/M) issued by the top four U.S. bank credit card issuers continues to improve. The 30+ day delinquency rate in the first quarter declined 16 basis points from the prior quarter and 52 basis points from one-year ago. According to CardData, the average 30+ delinquency rate among the top U.S. issuers for the first quarter stood at 2.64%, compared to 3.16% for Q1/2013 and 2.80% for the final quarter of 2013.
CHARGE Anywhere mPOS solutions have been approved by the Visa Ready Program. The Visa Ready Partner Program for mPOS is designed to help device manufacturers, application developers, merchants and acquirers to build and implement a reliable, convenient, and secure mobile point of sale experience. CHARGE Anywhere’s mobile payment application with Chip & PIN and magnetic stripe transaction capture meet Visa’s requirements. CHARGE Anywhere’s mobile solutions feature a PCI-validated secure mobile payment application, point-to-point encryption, and payment gateway services.
EVERTEC posted 1Q/14 total revenue of $87.2 million with an adjusted net income up 16% to $32.0 million from the year ago period. Revenue was flat compared with the year ago period of $87.3 million. Merchant Acquiring net revenue was $19.3 million, an increase of 10% compared with $17.5 million in the prior year. Revenue growth in the quarter was predominantly driven by an increase in transaction volumes.
i2c payment processing announced that Scott Salmon has joined the company as General Manager, International to lead i2c’s continued growth in Asia Pacific, Central Europe, Middle East and Africa (APCEMEA). Salmon brings over 25 years of business experience to this strategic role, including more than 20 years in payments and prepaid. He was Head of the Visa Prepaid Products division for the past five years. Prior to that he oversaw Visa’s San Francisco-based Global Prepaid Market Development team. Before Visa, Mr. Salmon was engaged in a variety of consulting and product management roles in the retail banking sector.
BPC Banking Open System payment solutions for the global financial industry signed a new agreement with HP. BPC has been selected by HP as one of its strategic high performance payments solution worldwide and under the terms of the agreement, BPC’s SmartVista payments solution will be offered by HP on an outsourced basis to its customers worldwide. SmartVista is a scalable, secure and integrated suite of sophisticated applications covering every aspect of electronic payments processing. Using a visionary design to deliver unrivalled flexibility SmartVista also provides high performance authorization switching and routing, full ATM and POS management, comprehensive card management, advanced fraud prevention, loyalty program definition and management, card personalization and production. SmartVista also provides flexible billing and merchant management, integrated internet and mobile banking.
Cardlytics Card-Linked Marketing will be speaking at Big Data Week Atlanta. Marketing Research is facing both a challenge and an opportunity as Big Data technologies have entered the field, bringing new approaches to gaining customer insights and understanding consumer behavior. This informative roundtable discussion ” which brings together thought leaders and industry experts from technology companies, research firms, and academia ” will discuss trends, challenges, and opportunities in the research field. Big Data Week global platforms brings together a global community of data scientists, data technologies, data visionaries, and data businesses spanning six major commercial, financial, social, and technological sectors.
USA Technologies wireless, cashless payment and M2M telemetry solutions has been awarded the Frost & Sullivan 2014 North American Customer Value Leadership Award in Financial Services and Retail M2M Communications. Based on Frost & Sullivan’s Best Practice Research findings, each year Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes USA Technologies’ inordinate focus on enhancing the value that its customers receive, beyond simply good customer service, leading to improved customer retention and, ultimately, customer base expansion.
ChannelAdvisor cloud-based e-commerce solutions will co-host a webinar with Yahoo titled ” Deconstructing Digital Daily Habits: A Deeper Understanding of How Gen Y/Z Affects Online Advertising ” to educate retailers on how to best attract and retain customers in today’s evolving world of digital media and mobile. Sheridan Orr, ChannelAdvisor’s senior manager, product marketing, and Edwin Wong, Yahoo’s senior director of B2B strategic research and insights, will discuss the latest trends and outcomes of a Yahoo study. The research reveals why daily habits matter for Gen Y/Z and how macro trends are influencing the lives, behaviors, and shopping patterns of the largest online buying community.
BorrowersFirst has secured equity and debt funding from SF Capital Group. BorrowersFirst solutions include Connected Credit for fast, friendly, transparent, responsive service, Custom credit scoring and an advanced lending platform can easily integrate into partner or corporate sites. This makes it easier for consumers to “connect to credit” at home, at work, and even through their jobs, as BorrowersFirst customizes employee lending initiatives with large employers.