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.
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.
[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*…
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.
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.
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.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Discover Financial reported net income of $593 million or $1.20 per diluted share for the third quarter of 2013, as compared to $637 million or $1.24 per diluted share for the third quarter of 2012. The third quarter of 2013 included a $42 million reserve build while the third quarter of…
NCR announced Pilot Flying J selected its complete NCR POS solution. Upgrading from a legacy transaction solution to a NCR software suite, the omni-commerce software platform streamlines deploying and managing in-store, mobile commerce and online storefront systems, ensuring consistent and personalized shopping experiences across all customer touchpoints. It is offering customer assisted check-out in their storefronts as well as mobile POS, allowing store associates greater mobility and an opportunity to assist and serve customers anywhere on the property. The combined network of more than 650 Pilot Travel Centers and Flying J Travel Plazas across North America serves more than 1.3 million customers daily.
NICE Actimize, a NICE Systems (NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, announced today the availability of the Actimizea Benchmark Monitoring Solution, a solution designed to assist in detecting and identifying rate-setting activities, processes and procedures within a single offering combining communications channel insight and incorporating alert, case management and reporting. The solution enables firms to have a better understanding of what is being discussed and traded within its trading floors from a single interface. Additionally, this provides internal compliance divisions the ability to respond rapidly to suspicious rate-rigging issues, thereby increasing chances at lowering potential regulatory risk by speeding resolutions.
Over 500 global stakeholders in the PCI are set to attend the annual PCI Security Standards Council (SSC) European Community Meeting. Ground Labs, the leaders in cardholder data discovery software for PCI compliance, is supporting this year’s event in Nice, France and will participate in the Vendor Showcase. The PCI SSC Community Meetings provide an opportunity for SSC members to learn from each other’s experiences implementing the PCI Data Security Standards (PCI DSS) and in particular, provide feedback on the latest draft standard PCI DSS v3.0. Participants also have opportunities to make suggestions for improvements to the Standard and learn about best practices for protecting cardholder data as they interact with other industry stakeholders. The Vendor Showcase will present an opportunity for participants to interact with a broad variety of vendors servicing the payment card industry and learn about their important work in the field of cardholder data security.
The 10 best EMV gateway services have been selected by topcreditcardprocessors.com for the month of October 2013. Each month the independent evaluation team spends time identifying and reporting the best credit card processing services around the world to assist businesses in selecting the best EMV compliance testing company to meet their specific needs. The 10 top EMV compliance validation services for October 2013 are NBS Technologies; Praxell; JCB International Credit Card Ltd.; Ceridian Stored Value Solutions; ArgosRisk; ACHWorks by T$$; Gemalto; ABnote North America; Capital One; and PNC Bank.
Monitise appointed Steve Chambers of Visa Europe to its Board, having spent most of his career in the payments sector. As Chief Information Officer at Visa Europe, Steve has been responsible for Visa Europe’s processing business which means regional data centres and business operations, enterprise architecture, technology and systems build, all change management and Visa Europe’s processing centre of excellence. Steve joined Visa in 2005 and managed the delivery of the Visa Europe authorisation service in 2006 as the first step in the creation of a European payments platform. At the same time he built the organisation and infrastructure needed to complete this journey and deliver best in class services to the Visa Europe world. Prior to joining Visa, Steve worked for ACI, First Data Merchant Services and EDS.