Hypercom Corporation announced that Banco Nacional de Costa Rica (BNCR) will deploy more than 13,000 Hypercom Optimum countertop and mobile payment terminals to merchants throughout Costa Rica. The four-year roll out includes the countertop T4210 (dial) and T4220 (Ethernet with dial) and mobile M4230 GPRS, M4240 Bluetooth and palm-sized M4100 Blade. Hypercom’s high security Optimum T4200 and M4200 product family for North America consists of six powerful 32-bit multi-application devices that share the same platform, user interface, and software toolkit to maximize efficiency, application portability, and offer customers a broad range of options to serve any market need. The high security battery powered M4100 Blade weighs in at 7.1 ounces; measures 4.9 inches long, 2.7 inches wide, and 1.15 inches deep; features GPRS and Wi-Fi communications, high-contrast full-color signature capture touch screen; and provides other state-of-the-art features for restaurants, delivery services and other businesses worldwide.
Vyke VoIP provide has partnered with Ukash e-money network to offer VoIP based communication systems, mobile handset technology and wholesale carrier network management through secure online payment. Vyke operating markets are in Europe, Middle East, South East Asia and Latin America, have VoIP resellers in over countries countries. This new partnership with Ukash is intended to enable Vyke to enhance its rapidly growing platform by giving users the ability to experience the benefits of Vyke VoIP without the need for a bank account, credit card, or disclosing personal details online.
With 49% of consumers disclosing the need for a budgeting tool, Citi is set to implement the MasterCard “inControl” U.S. consumer application. With 51% seeking the safety and security offered through “inControl” while using their cards, through spending controls and real-time account information, it allows users to establish spend management controls and maintain secure and intended usage through real-time alerts. The Application allows users to set up budgets for particular types of spending and manage exactly where, when, how, and for what types of purchases their credit cards may be used and to establish how and when they receive alerts, via SMS-text or email, for protection against overspending. The service will be available to cardholders of participating Citi MasterCard credit cards later in the year.
Online Resources online financial services over the last six months has
signed new agreements with more than 40 utilities for various services
within its “eCom Advantage” electronic billing solutions. Online
Resources provides client customers expanded, convenient options for
making payments and real-time acknowledgment of payment posting.
Customers can pay through the Internet, email, Interactive Voice
Response (IVR) or call center environments. Other new utility clients
opted for the companyâs electronic lockbox service for streamlined
reconciliation of remittances and posting of accounts receivables.
eLockbox concentration services combine hundreds of electronic sources
into a single posting file and a single deposit while eliminating
posting errors and exceptions.
New regulations will go into effect August 22 to help limit credit card and gift card fees and require banks to periodically re-evaluate credit card interest rate hikes to see if higher rates are still justified. The new regulations implement consumer protections required under the CARD Act passed by Congress last year. The legislation will limit the size of late fees; ban multiple penalty fees for single violations; ban inactivity fees; require more discloser on rate hikes and demand if a card issuer raises an interest rate, they must review the increase every 6 months and reduce the rate in certain circumstances. Also, consumers can no longer be charged a fee if they have used your gift card within the past 12 months. If a gift card remains unused for 12 months, gift card issuers can charge only one fee per month. There are no limits on the amount of the fee while one-time purchasing fees are still legal.
Sean Gallagher has joined Fiserv as President of its Investment Services division to oversee product management, strategy, sales and product development for Investment Services. He will work with the Investment Services leadership team to continue to develop and deliver technology solutions and services that enable its clients to grow revenue and increase operational efficiencies, reinforcing the company’s position as a leader in the investment services space. With JP Morgan Chase, Gallagher last served as Managing Director, Global Segment Executive and Interim Sales Executive of Treasury Services to oversee Treasury Services’ global sales organization and was responsible for developing and executing new business and marketing strategies for the group.
Redeban Multicolor has selected Ingenico to supply the “iCT220” secure payment terminal for its advanced anti-tampering features. Ingenico will provide over 9,000 of the secure payment terminals to Redeban, pushing the number of Ingenico “iCT220” terminals deployed in Latin America to over 200.000 . iCT220iCT220, the world’s first PCI 2.0 approved countertop point of sale terminal, offers unprecedented security to adequately safeguard today’s sensitive payment data, a top priority feature in the payment industry. Its new generation platform is designed to support security-as-standard and provides peace of mind to consumers and merchants.
Zions Bancorporation has signed on to use the Fiserv “ARP/SMS: Exceptions Workflow” exceptions application. Zions Bancorporation has been using the “Fiserv ARP/SMS” (Account Reconciliation Package/Service Management System) solution for 15 years, and by adding the Exceptions Workflow module it will now be able to streamline its exceptions processing, reduce check fraud risk and service more accounts without adding more staff. The “ARP/SMS: Exceptions Workflow” provides immediate access to the data required for both research and timely, informed exception actions.
GlobalCollect has enhanced its multi-lingual online and offline shopper support. Worldwide consumer sentiment monitoring in cooperation with local specialists ensures that the below tools will be optimized according to specific regional market requirements on an ongoing basis. The Company website now features a dedicated “Consumer” section offering video support with subtitles in 10 key languages; e-Self Service that allows shoppers to run a Payment Status Check; a list of Frequently Asked Questions; e-Contact form and overview of whom to contact for which issue. Twofold live support: to facilitate consumers’ Payment Inquiries as well as Merchandise Support to facilitate questions regarding quality, quantity, and delivery status of ordered items/services.
The American Express OPEN is making available its “OPEN Forum” social networking site to entrepreneurs with a mobile platform. With this an iPhone application and an optimized mobile webpage will give users access to actionable advice and insights. The “OPEN Forum” online resource and networking site is designed to help business owners grow their enterprises by helping forge meaningful business connections and providing access to practical information from some of the best minds in business. The new iPhone app allows small business owners to read the latest articles from OPEN Forum experts in categories such as innovation, lifestyle, managing, marketing, money, technology and the world; bookmark articles for later reading; to share articles with friends and followers on Facebook, Twitter and LinkedIn; search for articles on particular topics, keywords or authors. Content will also be optimized for Blackberry and other smartphones.
Hypercom Corporation announced that Banco Nacional de Costa Rica (BNCR)
will deploy more than 13,000 Hypercom Optimum countertop and mobile
payment terminals to merchants. The four-year roll
out includes the countertop T4210 (dial) and T4220 (Ethernet with dial)
and mobile M4230 GPRS, M4240 Bluetooth and palm-sized M4100 Blade.
Hypercom’s high security Optimum T4200 and M4200 product family for
North America consists of six powerful 32-bit multi-application devices
that share the same platform, user interface, and software toolkit to
maximize efficiency, application portability, and offer customers a
broad range of options to serve any market need. The high security
battery powered M4100 Blade weighs in at 7.1 ounces; measures 4.9 inches
long, 2.7 inches wide, and 1.15 inches deep; features GPRS and Wi-Fi
communications, high-contrast full-color signature capture touch screen;
and provides other state-of-the-art features for restaurants, delivery
services and other businesses worldwide.
Ariba collaborative business commerce solutions has signed a new agreement with Storebrand ASA banking and asset management. Storebrand is leveraging solutions delivered within the Ariba Commerce Cloud to drive a more efficient and effective process for buying goods and services and managing costs across its operations. Storebrand is currently using Ariba “Sourcing,” Ariba “Supplier Performance Management” and Ariba “Contract Management.” Storebrand uses Ariba Contract Management to centrally manage all of its purchasing agreements and ensure compliance.