INSIDE Secure and CPI Card Group (CPI) announced that two new jointly developed M/Chip™ Advance EMV card products have been approved by MasterCard. The two products offer capabilities specifically designed to meet the unique requirements of the U.S. market. In support of issuers wishing to use these products, Datacard Group is offering complete turnkey hardware and software personalization solutions, as well as personalization scripts. These new card products give issuers the greatest flexibility in migrating to EMV. One product has been optimized to support online-only EMV card programs, while the other supports both online and offline payment transactions.
Barclaycard Global Payment Acceptance and Diners Club International announced a new joint agreement to allow the acceptance of Discover and Diners Club cards by merchants using Barclaycard’s payment acquiring services. With this, merchants using Barclaycard’s payment acquiring services will be able to accept payments from Discover, Diners Club International and Discover Network partners cardholders from around the world. Barclaycard will subsequently add acceptance of Discover Network and Diners Club International’s cards as a standard to its payments processing services portfolio early 2015.
NCR Corporation announced the Nationwide Building Society retail banking is deploying NCR Skimming Protection Solution (SPS). The deployment of the NCR security solution across 424 cash machines in the U.K. will also help Nationwide to improve the availability and usability of its cash machines and manage business risk more effectively. NCR designed SPS software to enable its random, multiple-jamming hardware module to block criminal “listening” devices from capturing card data. The new technology also prohibits criminals from tampering or removing the original cash machine bezel and helps promptly detect fraudulent devices. These features help provide reassurance and maximum availability to both financial institutions and their customers. SPS also constantly reports on the health of the cash machine and can report in real time any attempt to tamper with or disable the jamming signal to law enforcement and the financial institution.
Diebold announced its board of directors has named Andy W. Mattes as the company’s new president and CEO. Also named a board director, Mattes will assume his leadership role with the company effective immediately. Mattes has a penitent for driving growth and improving profitability in large, global businesses. He has more than 25 years of experience in the information technology and telecommunications industries – primarily with Hewlett-Packard and Siemens AG. Mattes most recently was senior vice president, global strategic partnerships at Violin Memory, a manufacturer of flash memory computer storage systems. He will remain with Violin in an advisory role.
Tradeweb Markets, the leading global provider of fixed income and derivatives marketplaces, supported the first electronic indicative pre-trade credit check between a buy-side client and a futures commission merchant (FCM) for an over-the-counter derivatives transaction. Using the electronic credit checking solution from Tradeweb, the customer successfully received an indication of available credit from J.P. Morgan as the clearing bank and executed a cleared interest rate swap trade. The new global regulatory environment for trading swaps will require a majority of financial institutions to begin clearing derivatives trades. It’s increasingly important that clients have efficient and cost-effective tools that give them real-time information about their ability to clear; especially for market participants preparing for the mandatory clearing deadline on June 10, 2013 under Dodd-Frank.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Tsys announced the promotion of two senior executives in its International Services segment. Dennis Jones has been promoted to Executive Vice President of Business Operations, TSYS International, and Ian Thompson has been promoted to Group Executive of Human Resources, TSYS International. Dennis Jones, Executive Vice President of Business Operations, TSYS International…
Ifbyphone, the leader in voice-based marketing automation, launched its new PCI-compliant IVR (interactive voice response) solution, providing direct response TV (DRTV) marketers with the most advanced and flexible solution for securely auto-processing phone orders. Unlike cumbersome legacy IVR products that are difficult and time-consuming to deploy and modify, Ifbyphone’s next-generation IVR can be quickly rolled out and easily updated, so DRTV marketers can optimize their efforts to maximize revenue. DRTV marketers rely on IVR technology to automate over-the-phone credit card payment processing and generate revenue with upsells and transfers. Ifbyphone’s cloud-based IVR remedy can be deployed in a fraction of the time of legacy IVR tools and gives DRTV marketers the ability to monitor IVR performance in real time, conduct A/B tests, and make IVR script and other changes to help generate greater revenue. It also offers real-time credit card authorization to verify each caller’s information before accepting a purchase and web-based reports with real-time data that provide deep insight into marketing performance.
HP and First Data electronic commerce and payment processing announced that HP Converged Infrastructure will be the foundation for First Data’s VisionPlus Flex solution, which enables financial institutions to cost-effectively process payment portfolios of up to 10 million accounts. VisionPLUS Flex enables financial institutions to issue and process credit, debit, commercial and prepaid cards, as well as to address closed-end loan account processing on a single platform. Through this collaboration, First Data is now delivering VisionPLUS Flex in an appliance delivery model. With VisionPLUS Flex appliances, financial institutions can also lower the total cost of ownership, offer the ability to process payments in country and transform organizations’ existing IT platforms to support growing enterprise demands.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cardtronics announced its wholly owned subsidiary, Cardtronics USA, Inc., has acquired the assets of Merrimak ATM Group, LLC. Based in Rohnert Park, Calif. and an independent ATM deployer since 1995, Merrimak ATM Group provides ATM services”primarily ATM sales, transaction processing and ATM managed services”to a nationwide fleet of 4,800 ATMs, consisting…
Micropross is proud to announce that ICTK, the leading test laboratory dedicated to the smartcard industry, successfully passed the audit process from EMVCo aiming at enabling them to deliver certification of contactless devices following the EMVCo Level 1 analog specifications. The Micropross EMVCo validated Level 1 test bench is part of the Contactless Test Station, a revolutionary concept concentrating in one box which contains all elements necessary to perform ISO 10373-6, ISO 10373-7, ICAO, EMVCo, and NFC Forum analog, digital and applicative tests. This unique tool therefore satisfies the customer’s needs. Micropross is the only test tool provider on the market with such a wide coverage, so many validated solutions (EMVCo, NFC Forum, ICAO) and with the ability to provide all hardware and software elements from the same source.
Allied Payment Network online bill payment services to the financial industry is generating positive buzz around its innovative bill pay solution, Picture Pay mobile bill payment app allowing consumers to pay bills using the camera on their mobile device. FinovateSpring is a two-day showcase of the newest financial and banking technology innovations from leading established companies to young startups. This year’s spring event attracted more than 1,300 attendees, which the conference reports as the largest attendance to date. With Picture Pay, users take a picture of the bill, enter the amount and date, and the bill is paid. Picture Pay’s technology does the rest by reading the data from the bill, then syncing with the customer’s bank or credit union to process the payment.
Blackhawk Network and Monitise mMoney solutions announced an agreement to make mobile gift card purchasing available to consumers through certain banks and financial institutions in the United States. Prepaid gift cards from Blackhawk Network’s popular GiftCardMall™ will be available to consumers for purchase from participating banks and payment companies’ mobile wallets, powered by Monitise. With this new relationship, Blackhawk’s extensive network will integrate into Monitise’s mobile banking ecosystem, making it easier for consumers to purchase Blackhawk gift cards from popular retail brands via mobile. The new partnership provides customers with access to gift cards on the go, making these purchases convenient, building loyalty with their preferred financial institutions, and opening the door to more innovative mobile offerings.