Viableware Integrates with Restaurant POS Systems

Viableware has integrated its “RAIL” payment technology with POS systems including MICROS, NCR Aloha, and Dinerware. By integrating its “RAIL” payment platform with leading POS manufacturers that serve more than 60 percent of the full-service restaurant market, Viableware makes it easy for restaurant operators to accept various forms of payment at the table – including e-wallet and smartphone payments- using a handheld device. This allows restaurant operators to improve guest service, strengthen guest relations, and reduce PCI compliance requirements. Guests can self-swipe credit or debit cards, auto-calculate the tip, split the bill multiple ways, pay-by-item, and opt for direct-email receipts.

TSYS Study Shows Consumer Payment Preference

TSYS made available its second annual nationwide primary consumer research study, the 2012 Consumer Debit-Payment Choice Research Study. Designed in conjunction with Mercator Advisory Group payments research and consulting the goal of the study was to provide a snapshot of current consumer behavior and attitudes toward debit, credit and emerging payment forms, as well as to gather both quantitative and qualitative information. More than 1,000 consumers who owned a debit card were surveyed on payment choice, perceptions of value, and what might influence them to change how they pay. Debit cards continue to be the preferred payment type for everyday purchases, driven in part by the desire of many to manage their money on a near-daily basis; Merchant discounts and offers are the most effective way to influence consumers to use a payment type more often; Awareness of alternative payment accounts and methods is high, and consumers’ overall understanding of and interest in mobile payments has advanced considerably since last year; and consumers continue to be focused on the security, ease of use, control and speed at check-out, and incorporating these features into new or expanded offerings will result in greater consumer adoption.

LowellBank Partners NCR, Installs Video ATM Tellers

LowellBank is set to install NCR “APTRA” Interactive Teller at remote sites to give customers greater access to teller services. The new ATM-based technology from NCR Corporation (NCR) lets customers conduct transactions and other banking sales and services with a live, remote teller, who has complete control of the ATM. Supported by simultaneous video and audio connections, Interactive Teller can help customers complete 95 percent of the teller services that can be done inside a branch. NCR Interactive Teller will allow LowellBank to offer teller services well beyond traditional branch hours.

USA Tech Partners Eaton, Expands Cashless Payment Market

USA Technologies wireless, cashless payment and machine to machine (M2M) telemetry solutions for small-ticket, self-serve retailing industries, has expanded its cashless payment and M2M services in the kiosk market with electric vehicle stations sold by existing customer, Eaton Corporation (“Eaton”). Eaton, whose AC Level 2 Electric Vehicle charging stations already include an option for USAT’s ePort® technology for secure, cashless payment acceptance, has recently added their new, high-powered DC Quick Charger to this cashless lineup. Its DC Quick Charger provides fast and convenient electric vehicle charging with the ability to charge a vehicle’s battery to 80 percent capacity in as little as 30 minutes. Using USAT’s ePort technology, Eaton’s latest DC Quick Charger now includes an option for magnetic credit card swipe acceptance and offers consumers the opportunity to pay through time-based intervals or a flat rate.

Conference Board Consumer Confidence Index Up 9 Points in September

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Conference Board Consumer Confidence Index, which had declined in August, improved in September. The Index now stands at 70.3, up from 61.3 in August. Meanwhile, the Expectations Index increased to 83.7 from 71.1 just as the Present Situation Index rose to 50.2 from 46.5 last month. Experts concluded the Consumer…

Fundtech Launches tablet App

Fundtech global transaction banking launches its “CASHplus Mobile Corporate Banking” for Tablets as part of its “Triple Play” (desktop, smartphone, tablet) cash management product strategy. This lets banks offer corporate customers access to treasury services across multiple access channels with a consistent and integrated user experience that is right-sized for the device. The “CASHplus Mobile Corporate Banking” for Tablets gives corporate treasurers access to critical bank information and services so that they can manage their cash flow and make decisions anywhere, anytime with multi-channel access to treasury services. It also features Native iOS and Android app with optimized functionality for touch screen interaction and the ability for treasurers to access balances and transactions, wire approvals, ACH approvals, positive pay decisions and exceptions.

Diebold Revises ’12 Sales Outlook

Diebold, Incorporated (DBD) announced preliminary 2012 third quarter revenue of approximately $710 million and earnings of $.27 per share, or $.39 on a non-GAAP* basis. The company has lowered its full-year outlook for revenue and earnings per share, now expecting total revenue growth of approximately 6 percent and full-year non-GAAP earnings of $2.25 to $2.30. This compares with previous revenue guidance of 6 to 8 percent growth, and non-GAAP earnings of $2.50 to $2.60 per share.

Acculynk Appoints New Member to Board of Directors

Acculynk payments provider and “PaySecure” software-only service for Internet PIN debit payments appointed Mark Herrington to its Board of Directors. Currently Executive Vice President, Global Product Management & Innovation for First Data Corporation, Herrington brings to the board a wealth of experience. He joined First Data in 2007 as First Data was in the process of acquiring Money Network, which he co-founded in 2001. Mr. Herrington’s financial services experience includes prepaid, TeleCheck, e-commerce, mobile payments and merchant loyalty.

Consumers Gain Employment, Incur Less COF & Delinquencies

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. credit card delinquency has plunged to an all-time low with Fitch Ratings’s 60-day Delinquency Index having dropped to 1.76% for the month of August. This brings delinquencies down to their lowest level on the Prime Credit Card Index in 21 years while delinquencies are down 25.74% since the year ago…

Paymode-X Expands Currency Markets

Bottomline Technologies cloud-based payment, invoice and banking solutions announced that its business-to-business settlement network, Paymode-X, has expanded payment capabilities to 23 currencies. The Paymode-X network first increased its global reach with the launch of a travel commission payment offering. Paymode-X supports 23 currencies spanning more than 30 countries and is used by travel companies to send electronic commission payments and remittance detail to their agents around the globe. Eliminating paper payable processes presents significant opportunities for cost savings and allows organizations to reduce their environmental impact.

Intercede Launches Mobile ID Verification with New App

Intercede announced the general availability of its “MyID CardChecker App for Apple iOS.” This app allows government agencies and enterprises to read and display electronic information from personal identity verification (PIV), PIV-I, commercial identity verification (CIV) or transportation worker identification credential (TWIC) smart cards on an iPhone or iPad. Leveraging mobile technology, Intercede has developed an affordable solution for corporations and government agencies to verify the identity of their employees, contractors and visitors anytime and anywhere. Intercede has developed a downloadable mobile app – available in the Apple app store – that allows iPhones and iPads equipped with a Tactivo Smart Card Reader from Precise Biometrics to read and display smart cards, including personal identification number (PIN) protected content.