Diebold opened two data centers located in Verizon’s Terremark facilities in Richardson, Texas and Manassas, Va., allowing them to connect to Verizon’s global networks. This integrated fabric of advanced data center capabilities with Verizon’s reach, reliability and global scale will increase performance and disaster recovery capabilities for Diebold’s customers with optimal geographic diversity and business resiliency. Diebold’s data center strategy focuses on providing a highly-scalable virtualized platform that optimizes network performance and security, and will allow for regional growth. The advanced technology enables Diebold to manage large amounts of data at a single site while simultaneously providing centralized monitoring of ATM networks, including endpoint security, software deployment, content management, OpteView® Resolve™ (terminal status/fault monitoring with remote fix) and Diebold Transaction Services (processing of card transactions). These services can be provided to a customer in a dedicated or shared business structure.
Presented by LoyaltyOne and Visa, the 3rd Annual COLLOQUY Loyalty Awards- loyalty awards decided by members of the loyalty industry- announced its recipients. Among them is American Express, selected by the panel for its “Digital Loyalty Innovation.” American Express won for a suite of digital innovations, including its first mobile redemption service, a loyalty experience for the iPad, barcode scanning and price comparisons. From November 2011 to March 2012, mobile/tablet redeemers increased by 117 percent and point redemption, as a share of overall redemption, rose 300 percent. COLLOQUY launched the awards in 2010 to salute the most innovative loyalty initiatives in the industry and, through its more than 45,000 subscribers- select the winning initiatives across 10 industry categories.
The American Bankers Association (ABA) endorsed the ATM and branch transformation solutions of NCR Corporation, for its transformation solutions allow banks to reduce costs, improve efficiency and grow their business. This endorsement is made through ABA’s affiliate, the Corporation for American Banking. The ABA will subsequently offer its member institutions preferential pricing on NCR ATM hardware, software maintenance and managed services.
MasterCard and the World Food Program forged a global partnership to use digital innovation to help people around the world to break the cycle of hunger and poverty. This will combine MasterCard’s electronic payments systems with WFP’s global reach among the world’s hungriest populations. In doing so, MasterCard will help WFP to create an enhanced online donation mechanism that will enable more people to donate through a wider variety of online payment methods. This enhanced online donation mechanism is part of an “Integrated Giving” platform that will allow brands to integrate donation mechanisms onto their products. Retailers can offer donations at checkout so customers can donate to WFP without having to leave the site. In addition, mobile applications or game developers will be able to offer options to support WFP right from within their applications or game. All donations will be tracked and credited to both the brand and the consumer, offering new opportunities for consumers and brands to work together and have a meaningful, measurable impact on the fight against hunger.
RubyLane.com partnered with Amazon Payments to offer buyers an additional payment option on its site. Sellers on the site now pay 2.4% plus $0.30 per transaction (regardless of the sales volume through Amazon Payments), rather than the usual rate of 2.9% plus $0.30 per transaction, until at least October 1, 2013. After the introductory period, rates are subject to change, but will not exceed 2.9% plus $0.30 per transaction (for International Orders there is an additional 1% fee per transaction).
The Federal Deposit Insurance Corporation (FDIC) released the results of its 2011 National Survey of Unbanked and Underbanked Households, the most comprehensive survey on the unbanked and underbanked in the United States. The survey indicates that more than one in four U.S. households (28.3%) are either unbanked or underbanked, a slight increase from the findings of the FDIC’s 2009 inaugural survey. As of 2011, 821,000 more U.S. households have become unbanked since the first survey in 2009, representing a 0.6 percentage point increase. More than half of all unbanked households said they do not have an account because they believe they do not have enough money or that they do not need or want an account. In addition, the report shows that three in ten households nationally do not hold a savings account. Additional findings indicate 8.2% of U.S. households are unbanked, or nearly 10 million in total while approximately 17 million adults live in unbanked households; 20.1% of U.S. households are underbanked, or 24 million households, with 51 million adults; and 29.3% of households do not have a savings account, while about 10% do not have a checking account.
American Express has been named “Most Admired Payment System” by readers of The Beat, the BTN Group’s industry-leading business travel newsletter. This is the fifth year in a row American Express has won the award, making it the only company to do so since The Beat’s Readers’ Choice Awards program launched in 2008. The survey named American Express the “Most Admired Payment System” for its “service, policies, and management style.”
Heartland Payment Systems payments processor was ranked #112, an increase of 83 spots, in the 2012 InformationWeek 500. This marks the sixth consecutive year that Heartland has made the list for its innovation in payments and information technology. Heartland was honored for atlas, its homegrown sales enablement/hybrid CRM application that streamlines and enhances the sales process. A Software-as-a-Service (SaaS) platform built for all major web browsers and tablets, especially the iPad®, atlas delivers a simplified and improved customer buying experience with on-demand proposal generation, automated underwriting and increased customer security through encrypting all personal identifiable information at the point of collection. Heartland completed the project from inception to delivery in only 12 months, all through internal resources that allowed cross-matrix business owner requirements to be quickly synthesized for accurate feature delivery.
Dynamics next-generation payment cards launched its “Triple Interface” next-generation payment device at Finovate, creating a central platform for all three primary payment technologies on a single piece of plastic in a re-writeable format. For magnetic stripe readers, a card-programmable magnetic stripe – Dynamics’ proprietary Electronic Stripe™ – is included, which can re-write any bit of the magnetic stripe at any time. For EMV contact readers, a card-programmable chip – Dynamics’ proprietary Chip and Choice™ product – is included, which can re-write a contact chip profile at any time. A card-programmable contactless chip – Dynamics’ proprietary Chip and Choice™ contactless product – is included, which can re-write a contactless chip profile at any time.
Virtual Piggy will integrate its innovative youth payment system into the world’s largest online plush retailer website ty.com. Ty Inc. produces the world renowned Beanie Babies® as well as Beanie Buddies®, Teenie Beanie Bopppers®, Beanie Boppers® and other plush lines recognized the world over by their distinctive red Ty Heart Logo®. When making purchases through Virtual Piggy, kids do not share any personal information making it completely compliant with COPPA and TRUSTe certified.
Regal Payment payment processing services forged a new partnership with ICG Software software and hardware solutions to launch its “HioPOS Plus” ‘All-In-One POS System.’ Regal Payment Systems has developed a strategy that will reach untapped markets and provide a more suitable and cost effective alternative to Cash Registers and Lower End Point of Sale Solutions with more flexible program options.
RushCard is debuting its first Spanish-language television spot featuring the Dynasty Prepaid Visa RushCard and baseball star Alex Rodriguez. The commercial began airing on Hispanic television networks this week. In the spot, Rodriguez recalls learning from his mother – who worked two jobs to support her family – the value of working hard as a means of achieving financial stability. The Dynasty Prepaid Visa RushCard is a prepaid card that offers budgeting tools, bill payment, mobile features and many other valuable services to individuals looking for alternative banking solutions. RushCard – accepted everywhere Visa debit cards are – provides exceptional service and cardholder benefits that allow cardmembers to get ahead in their financial lives.