At the start of the recession average credit card APRs hovered around 16% before dropping to a rock bottom 12.64% back in 2010, encouraging a much-needed boost in borrowing. But throughout 2011, rates have consistently increased since the June average of 14.83% and now sit at record highs, currently at 14.99% for the month of…
Vigilix PCI compliant POS support software completed integration between the Vigilix Application Support Tool (VAST) and APG Cash Drawer’s NetPro Ethernet Cash Drawer. APG Cash Drawer, LLC released the NetPro interface to opportunities such as this on September 10, 2010. APG and Vigilix believe that this distinctive product integration opens the door for Point of Sale ISVs to build on additional capabilities that will distinguish their POS application, increase the potential for the service providers, and ultimately add value to their customers – the merchants. The interface leverages Vigilix’s monitoring and alerting capabilities for point of sale hardware and software.
Stanford Federal Credit Union selected Open Solutions’ “DNA” enterprise-wide, relational core platform, for its processing needs. Stanford FCU is upgrading to Open Solutions’ premier core solution, “DNA” universal data model for a member-centric design to greatly enhance workflow, flexibility and productivity. The system is built on a powerful, centralized Oracle relational database that allows service-oriented financial institutions to easily customize and enhance the system with products from Open Solutions, third-parties, in-house developers, and DNAapps available through DNAcreator and the DNAappstore. Stanford FCU also implemented Open Solutions’ DNAvoice, DNAmobile, DNAweb and a number of tools from the Document Management, Financial Solutions, Channel Optimization, and BI & Marketing product families.
Tsys purchased the merchant portfolio of Vanguard Payment Systems, which provided payment acceptance solutions to a wide variety of businesses since 2005. The portfolio includes merchant accounts, which- subsequent to the transaction- have access to the products and services of TSYS Merchant Solutions, which includes customizable payment services for credit, debit and prepaid cards at the cash register or via the Internet.
Security Service Federal Credit Union selected the VSoft back counter capture and ATM RDC solutions to decrease response times and thus improve employee and member experiences. Security Service chose VSoft for the superior functionality of its digital dashboard, which enables the credit union to monitor a wide range of parameters and ensure efficiency. Security Service also selected VSoft’s image exchange solution, as well as its application for image-enabled returns.
Quality Associates services and solutions for large-scale document management, imaging and archiving, implemented a custom remote check deposit solution for The Fund for Johns Hopkins Medicine (FJHM). The philanthropic arm of Johns Hopkins Medicine, raising money to support treatment, research and educational programs for Johns Hopkins Medicine, processes approximately 45,000 donor checks collected by 15 separate development offices. With this remote deposit solution, data capture, information sharing, check deposit and posting occur electronically within 3 days.
The PA DSS assessment consists of eleven (11) requirements along with two (2) important appendix sections, one that describes the requirements for an “Implementation Guide” and the other detailing the laboratory instructions for testing and validating an actual live environment of the application itself. There are also numerous sub-requirements within each of the eleven (11) core requirements that must be validated by a PA-QSA-a fully licensed and accredited individual allowed to perform PA DSS assessments.
American Express, in partnership with VEVO and YouTube, announced its full roster of exclusive fan experiences and enhanced digital features for Grammy® award-winning rock band Coldplay’s performance within the “American Express Unstaged” music series. The show will be streamed globally as a live VEVO event on YouTube from one of Spain’s most famous arenas, Plaza de Toros de Las Ventas in Madrid, at 4:00PM ET / 1:00PM PT on Wednesday, October 26 at www.YouTube.com/ColdplayVEVO with special guest, artist Fedde Le Grand.
Christine Wright Services (“CWS”) specialist money transfer company gained FSA Registration as a Payment Institution. CWS will provide money transfer services to individuals and corporations assisting them safely and securely transfer funds between different jurisdictions. Money Transfer/Remittance became regulated by the FSA in 2010.
Ambur POS app for Apple’s iOS platform is available for purchase using the App Store from any iOS device, such as an iPhone, iPod touch, or iPad. There are no subscription fees and the app does not depend on an internet connection to function while it boasts the first iPad POS system that doesn’t require anything except an iPad and the app for a the most basic setup. Ambur POS ultimately allows waiters and waitresses at restaurants to take orders right from the table and print them wirelessly to the kitchen, saving time in the hectic conditions of the hospitality industry. It also features integrated credit card processing, a reservation system, customer relationship management and financial analyzation.
NEXTEP SYSTEMS announced general availability of its “Foundation5” foodservice technology platform. NEXTEP developed a reputation for self order kiosks, online ordering, digital signage, and mobile applications. With its “Foundation5” solution, the Company offers a scalable and secure platform, having been approved by the Payment Card Industry (PCI) for deployment. Multiple payment options are supported, including cash, credit, gift cards, and soon mobile payment options. NEXTEP’s product suite can be managed from anywhere, using NEXTEP’s cloud-based command center, providing a single touch point for managing menu items, promotions, inventory, employees, and reporting.
Ceridian workforce management, human resource management, payroll, and benefits administration solutions launched its mobile solution for Ceridian “InView” application. Providing users with mobile access to a variety of workforce management capabilities, “InView” is designed to improve scheduling and time and attendance accuracy, boost productivity and increase employee engagement while ensuring the right employee is working at the right location. The Ceridian InView mobile solution is available on the Google Android and Apple iOS platforms (including iPhone, iPad and iPod touch). This lets employees Clock in and out for shifts (geo location validated), manage time away from work and change availability while managers can view daily attendance, access a list of employee names and contact information and review and approve requests for time away.