Of the total $2.48 trillion in outstanding US consumer debt, total outstanding revolving credit was up 8.5% in November from $794.5 billion in October to $807.9 billion. This compares to the year ago figure of 797.0. Revolving consumer credit plummeted from its peak of $973.6 billion in August 2008 by a staggering $179.6 billion, and…
BluePay offers a new QuickBooks Point of Sale plugin for seamless accounting software integration. Now, in addition to integrating with any workstation running QuickBooks accounting software, BluePay’s secure credit card processing gateway integrates with QuickBooks point of sale (POS) systems. Once the plugin is installed, the merchant can scan items through their QuickBooks Point of Sale, swipe the customer’s credit card or manually enter credit card data, and send the transaction right to BluePay. When the transaction is approved, it is transferred right into the merchant’s accounting software, eliminating double data entry and keying errors.
ElectraCard Services (ECS) electronic payments solution provider launched its “electraPrepaid 3.0” under next generation product iTx series. The “electraPREPAID” iTx Series is an enhanced version developed on modern technology platform providing cost efficient, high performance, change management friendly and secure prepaid platform. iTx series offers a feature rich, best in class product with integrated middleware electraWIRE, electraVIEW for event based monitoring and electraMAP for faster interface development with PA DSS security compliant release. It is designed to support multiple prepaid programs, enabling the user to consolidate existing platforms into single platform catering all needs.
Payvment, the number one Facebook e-commerce platform, announced that the company reached one million monthly active shoppers in December 2011, and saw a 3X year-over-year increase in transactions by its network of over 100,000 sellers during 2011. The company also announced the appointment of Craig Walsey as Vice President of Business Development, and Jennifer Silverstein as Senior Director of Data Insights. Walsey brings over 15 years of experience from the social media, retail, and entertainment industries, recently having held the role as VP with TBG Digital. He will focus on strategic relationships and integrations with the Open Payvment API platform to provide a breadth of social commerce solutions for sellers and extend Payvment’s market reach. Meanwhile, Silverstein joins Payvment from social gaming leader Kabam, where she created and led the Business Intelligence team, providing insights across all games with specific focus on social referrals, game mechanics, and marketing campaign effectiveness.
JDS Solutions retail management software was named by Retail Info Systems (RIS) News to its 2011 Software “LeaderBoard,” which compares software companies serving the retail industry in a head-to-head comparison based on retail executive evaluations. JDS Solutions ranked number 1 in 9 categories, including: #1 in Quality of Support and Services by a Mid-Size Retailers; #1 in Leader in Technology Innovation by Mid-Size Retailers, and #1 in Over-all Performance by Tier 1 and Mid-Size Retailers. Additionally, JDS ranked 2nd or better in over 20 categories. JDS Solutions specializes in retail software for mid-market retailers with its “WinRetail” POS and Retail Management System. It helps retailers integrate e-Commerce, Merchandise Planning, Inventory Control, Business Intelligence, POS, CRM, and Loss Prevention.
Cabrillo Credit Union completed its transition to Corelation’s “KeyStone” platform and opened the doors of its five branches. Cabrillo is implementing streamlined card processing and expanded third party integration. With this, Cabrillo members are provided 24×7 member support, a loan application and auto-approval system, home and mobile banking platforms, shared branching capabilities, streamlined card services, efficient check printing, and informative, timely mail and e-statements.
SalesVu has launched its cloud-based payment processor and business management tool for iPhone, iPod touch and iPad users. Featuring extra and faster paying features, such as centralized business management and reporting, next day payments, 2.7% flat rate credit card processing fee, free card reader and more, SalesVu is vying for the top spot in the unofficial mobile payment wars with similar apps, such as Square. Offering a secure, comprehensive cloud-based payment processor and set of business management tools, all in one, SalesVu lets users work on their businesses from anywhere, thanks to the centralization offered through cloud computing.
ThreatMetrix integrated cybercrime prevention solutions acquired TrustDefender secure browsing technology. The combined companies will operate under the ThreatMetrix name with global operations in the United States, Australia and Europe. The ThreatMetrix Cybercrime Defender Platform now consists of the following product solutions and associated benefits, including TrustDefender ID, a cloud-based, real-time device identification solution that protects companies against cybercriminals and helps validate valuable returning customers; TrustDefender Cloud, a cloud-based, real-time solution that helps companies protect customer data and defend against fraud, malware, MitB and Trojan attacks, and data breaches; and TrustDefender Client, a client-based, real-time solution that mitigates the risk of hidden malware compromising authenticated sessions to steal data, identities or money.
The 2011 Crimson Tide National Championship Fan Pack is available exclusively through Regions Bank and features a CheckCard and checks emblazoned in crimson and white with the official 2011 National Champions logo. This is the second Crimson Tide National Championship Fan Pack offered by Regions. In 2010 the bank introduced the University of Alabama 2009 National Championship CheckCard and checks, which were available exclusively to Regions Bank customers for a limited time. The 2011 Crimson Tide National Championship CheckCards and checks will be available beginning January 10 and can be used with all Regions Bank consumer checking accounts. Customers can order the branded CheckCard, checks, or both.
CrossCom National POS solutions appointed Martin Pond VP, Operations to further enhance its service capabilities. Martin, a decorated Officer of the United States Army comes to CrossCom with an outstanding record of over 26 years of military and civilian experience in global operations management. His proven track record of improving efficiency and ensuring the maximum utilization of all assets is particularly valuable for CrossCom’s focus on driving out unnecessary costs while delivering quality service to its customers. He holds a Master of Science Quality Process Management from the National Graduate School, Falmouth, MA and a Bachelor of Business Administration in Finance from the University of Massachusetts, Amherst, MA.
Starmount announced its “Engage 2.1” update to its mobile selling assistant solution. The “Engage” solution enables associates to deliver richer customer interaction and service ” from point-of-interest to point-of-sale ” by bringing the POS system to the buyer and offering customer engagement functions. Retailers can now fully process returns with “Engage” on mobile devices, which can be used internationally, and includes configuration options to accommodate different languages, currencies, taxation and tender options. It is also designed for integration with Starmount’s “Connect” open shopper engagement platform that delivers a more personalized in-store experience by unifying rich online data from multiple sources on the Web into a single stream delivered into the store.
ECR Software Corporation (ECRS) will debut its robust mobile CATAPULT point-of-sale solution at the National Retail Federation (NRF) 101st Convention and Expo to be held January 15-18, 2012 in New York City, NY. The ECRS exhibit is located within the Mobile and Customer Experience Pavilion on the main show floor. This highly flexible and feature packed mobile POS solution is driven by ECRS’s pioneering Java™ based Retail Transaction Server™ (RTS) technology which extends the proven and award winning CATAPULT POS business logic to mobile POS, traditional POS, and services wherever consumers and transactions intersect. This offers a full range of activities such as touchscreen customization, customer association, loyalty redemption, gift card activation, gift card redemption, item lookup, customer history lookup, automated redundancy failover, automatic transaction recovery, automatic discounting, and transaction suspend and resume.