Digital River Offers Cloud-Based Subscription Billing

Digital River enhanced its Digital River World Payments solution to include cloud-based subscription billing, allowing merchants to increase recurring revenue across global markets as well as optimize the entire payment lifecycle from subscription initiation through the commerce transaction and payment. Digital River has offered subscriptions as part of its Global Commerce™ enterprise solution for more than a decade and is now extending that deep experience to the Digital River World Payments solution. The new integrated offering provides merchants access to both global online payment processing and a cloud-based subscription billing service via a single solution, a unique differentiator among competitive subscription solutions. It offers compliance management for subscriptions; customizable billing models; and support during pre-and post-transaction stages.

Mako Networks Level 1 PCI DSS Certified

Mako Networks network management and security company is now certified for a third consecutive year as compliant with the PCI DSS. Having met the more than 200 requirements of the PCI DSS, Mako was the first network management company in the world to pass the rigorous audit process in 2010, the highest security clearance attainable for protecting credit card data. The audit culminates in an annual worldwide Report on Compliance (RoC), issued for 2012 by Verizon Business, which attests to the overall security of Mako’s solutions, including a cloud-based Central Management System, and network appliances installed at customer locations. Merchants that use the Mako System to protect their payment card data can apply the Mako RoC in their own annual audits, drastically reducing the scope and number of technical questions they’re required to complete.

PYDS Selects Futurex Encryption for Its Mobile App

Payment Data Systems electronic payments solutions provider selected the industry leading “Excrypt SSP9000” hardware security module from Futurex for deployment with its “iRemotePay” mobile application. The “iRemotePay” platform is a wireless mobile payments app, initially deployed for the iPhone®, iPad®, and iTouch® to process credit card and ACH payments (e-Checks) over the wireless networks from remote locations and view these payment transactions while away from the office. The “Excrypt SSP9000” is compliant with both current and emerging audit requirements, including ASC X9.24 – Part 1 and Part 2, FIPS 140-2 Level 3, and PCI HSM. During payment transactions, sensitive cardholder data is immediately encrypted at the point of capture by the iRemotePay mobile application and then decrypted by the Excrypt SSP9000 behind a secure boundary, ensuring full end-to-end protection.

First Data PCI Rapid Comply Solution Now Live

First Data Corporation electronic commerce and payment processing announced the First Data PCI Rapid Comply(SM)solution, an easy-to-use online Self-Assessment Questionnaire (SAQ) and vulnerability scanning tool that can help small to mid-sized merchants achieve and maintain Payment Card Industry Data Security Standard (PCI DSS) compliance. The PCI Rapid Comply solution is a merchant-facing, “help-based” web application that can be used to complete the annual SAQ quickly and easily. By answering just a few “pre-SAQ” questions, the PCI Rapid Comply solution can direct merchants to the SAQ version that is right for their business and help pre-populate the appropriate SAQ questions with accurate answers.

Conference Board Economic Index Improving

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Running counter to multiple negative economic indications this month, the Conference Board Leading Economic Index just released figures up 0.3% for May to 95.8 (2004 = 100). Indicating a strengthening consumer outlook on the US economy- despite racking credit card debt and mounting card charge-offs, this follows the general trend over…

Fundable Deploys WePay Marketplace API For Payments

WePay online payment acceptance partnered Fundable.com to power payments for the company’s crowdfunding platform. The WePay API enables companies like Fundable to allow their users to start accepting payments instantly, without requiring users to have a pre-existing merchant account. The Marketplace API provides Fundable with a fully compliant payment solution, without compromising the platform’s user experience. The recently passed JOBS Act (also known as the Crowdfunding Bill), which will allow startup companies to publicly raise money from non-traditional investors, has led to explosive growth in the crowdfunding space.

USA Technologies’ Board Nominees Underscore Commitment to Performance

USA Technologies cashless payment and M2M telemetry solutions for self’serve, small’ticket retailing industries, provided shareholders with a review of its nominees for election to the board of directors at the upcoming 2012 Annual Meeting of Shareholders to be held on Thursday, June 28, 2012 at 9:00 a.m. As part of its aggressive turnaround strategy, the USAT Nominating Committee and executive leadership identified several key areas of experience that they considered to be critical to enable USAT to continue its growth trajectory.

Virtual Piggy Integrates Subscriptions into Payments System for Kids

Virtual Piggy announced the expansion of their financial payment system to support monthly subscriptions to teens and tweens, who can now purchase subscriptions within games and other online digital media services by using their Virtual Piggy accounts. The “Fanlala” social entertainment and lifestyle destination for tweens and teens, focusing on entertainment and lifestyle news, will be one of the first companies to integrate the Virtual Piggy subscription payment model.

Erply to run POS app on Microsoft Surface

ERPLY, the leading cloud-based point-of-sale (POS) provider, today announced that the company will be offering the first native business POS application to run on Microsoft’s just-announced Surface Tablet.

The new app’s POS user-interface is optimized for tablet touch screen usage and will deliver a completely new approach to POS user-interface design. While the Surface Tablet will have broad consumer appeal, store owners and managers will be able to run their stores via the tablet, right at launch.

The ERPLY software supports virtually all external peripherals, providing for easier adoption, while allowing store-owners to use credit card readers, bar code scanners and printers on the tablet.

Egan-Jones Recommends for USAT Technologies Full Slate

USA Technologies, a leader of wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries, announced that the third independent proxy advisory firm, Egan-Jones Proxy Services (“Egan-Jones”), has joined Investor Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) in recommending FOR the election of ALL nine USAT director nominees on the WHITE proxy card at the USAT 2012 Annual Meeting of Shareholders to be held on Thursday, June 28, 2012. Investor Presentation: USAT filed an investor presentation with the Securities and Exchange Commission, which provides an accurate discussion of the Company’s business and additional details regarding USAT’s successful implementation of its turnaround plan to create value for shareholders. We invite you to view the “ISS Presentation” by clicking here or access via the Investor Relations section of USAT’s website at www.usatech.com.

Coalfire Indicates Healthcare Providers to Reduce PCI Scope

Coalfire Systems PCI Payment Application and Qualified Security Assessor (PA-QSA) company announced healthcare providers will reduce the scope of PCI compliance requirements with InstaMed, the leading Healthcare Payments Network. InstaMed’s Payment Card Encryption, integrated with MagTek®’s MagneSafe Security Architecture and secure payment card devices, enables providers to significantly reduce and nearly eliminate their risk of a data breach.