The Conference Board Leading Economic Index (LEI) for the U.S. declined for the first time after 3 consecutive months of gain with a 0.1% in March to 94.7. After a 0.5% increase in February and 0.5% increase in January, March witnessed equally balanced strengths and weaknesses among its components, but was mostly due to a…
USA Technologies, Senior VP, Sales and Business Development, Michael K. Lawlor, will be presenting at two separate sessions at the NAMA OneShow being held in Las Vegas, April 24-26. Titled, Technology’s Impact on the Bottom Line, Lawlor’s first presentation will highlight the benefits of an integrated, comprehensive cashless payment and wireless telemetry platform as a fundamental business tool for driving incremental sales revenue and profit opportunities. Part of his presentation will include highlights from USAT’s 2013 Cashless Knowledge Base that supports the view that total sales and volumes benefit as consumers take advantage of cashless payment options. Lawlor will be joined by Mark McKinney, Senior Business Development Executive for the Isis market launch.
ACI Worldwide payment systems, announced the benchmark results for processing bulk payments on ACI Money Transfer System, offering financial institutions the opportunity to rationalize multiple payment processing systems, each typically with their own hardware, software and support costs, onto a single consolidated solution. This consolidation provides improved operational efficiencies and the potential for significant cost reduction. During the tests, Money Transfer System successfully processed 15 million transactions per hour through end-to-end, real world processing scenarios. It supports RTGS; CHIPS; ACH/SEPA; SWIFT Messaging and UK Faster Payments.
YourCash payment technology business offering ATMs and cash management solutions inked a new partnership with Evry, a leading Nordic IT-services provider. EVRY is the largest IT Company in Norway and the second largest IT Services company in the Nordic region, providing extensive technology services to Norwegian and Nordic companies, financial institutions, national public sector entities and health authorities. EVRY has developed a range of innovations that have transformed and simplified the way people access services across society including banking and payment services.
BPC Banking Technologies Open System e-payment solutions for the global financial industry, announces that Hattha Kaksekar Limited has gone live in production with the implementation of SmartVista – BPC’s end to end e-payments solution. Hattha Kaksekar implemented SmartVista to support the company’s business goals – delivering a wide range of products and services to customers across Cambodia, using a number of channels – including ATMs, POS devices and mobile phones. In addition to financial transaction switching for ATM, POS and mobile payments, SmartVista is being used as a fully-fledged card management solution supporting debit and local credit cards, prepaid and virtual cards. Hattha’s customers are now able to perform balance and mini statement inquiries, funds transfer, as well as remittance transactions on ATMs and POS devices. Mobile payment services are now available nationwide.
YourCash UK payment technology business offering ATMs and cash management solutions in the UK and Europe is pleased to announce its intentions to enter a new partnership with Evry, a leading Nordic IT-services provider. EVRY is the largest IT Company in Norway and the second largest IT Services company in the Nordic region, providing extensive technology services to Norwegian and Nordic companies, financial institutions, national public sector entities and health authorities. EVRY has developed a range of innovations that have transformed and simplified the way people access services across society including banking and payment services.
GoCardless payments provider launched a new online Direct Debits payment tool to enable greater numbers of small and medium sized enterprises (SMEs) around the UK to collect variable one-off and recurring payments by Direct Debit. The GoCardless platform is steadily transforming the payments space by allowing any business or individual to tap into the Direct Debit network. The business has been making such payments available to SMEs since November 2011. It’s services have proved to be hugely popular, with transaction volumes growing by 40% each month since launch. The newly updated service makes Direct Debits even more flexible by allowing such businesses to adjust the monthly amounts customers pay. A wide range of businesses are expected to benefit – including those that rely on regular invoices such as accountancy firms, or subscription based businesses including day nurseries or gyms.
DeviceFidelity NFC and security platform provider obtained a total of 40 patents covering the innovative and streamlined product portfolio that empowers apps utilizing NFC (Near Field Communication) and security technologies. The latest edition to DeviceFidelity’s patent portfolio is Patent #ZL200880107195.2 which is now newly issued in China. The patent enables an NFC based mobile wallet implementation that uses a microSD Secure Element with credentials issued from multiple different enterprises. The growing portfolio is a testament to the company’s growing success in obtaining design wins with large providers in the payment, security, mobile identity and access management space. DeviceFidelity’s extensive portfolio of patents covers the implementation and management of NFC technology, security and unique miniaturization and amplification solutions on a removable module that can be attached to most smartphones. Patents such as “Interfacing transaction cards with host devices” cover the smart technology that allows for smooth integration of NFC microSD products into phones that already have NFC technology built-in.