August 2013 • CardFlash® - Payment Card Industry News

Mashreq Bank Inks MasterCard and Swiff on mPOS

10, Country, Priority, UNITED ARAB EMIRATESBy Robert McKinley 08/29/2013

In its efforts to continue pioneering innovation led banking solutions, UAE’s leading financial institution Mashreq announced the launch of ‘Mashreq Payport’, the region’s first fully EMV Chip & PIN compliant mobile POS solution, in partnership with MasterCard and with Swiff. For businesses that are dependent on cash to facilitate home deliveries or many other similar business segments, Mashreq Payport provides the ideal, convenient, secure and cost-effective solution. With Mashreq Payport, any standard smart phone can be converted into a full-fledged payment acceptance terminal, all that is needed is to download the Mashreq Payport app on the phone and insert the card in the accompanying device.

BullsEye Launches Mako PCI DSS

8, Country, Priority, UNITED STATESBy Robert McKinley 08/29/2013

Provider of integrated telecommunications solutions, BullsEye, launches its new PCI DSS-enablement solution in partnership with Mako Networks, a world leader in PCI DSS compliance and network security management. Through this partnership BullsEye will continue to offer enhanced network management with the addition of a PCI compliance solution to its base and new customers. This partnership with Mako is a natural progression for BullsEye. The company (BullsEye) has been offering simplified network management as part of its current portfolio and this decision to partner with Mako now bolsters its ability to empower its clients to become and remain PCI DSS-compliant.

AnywhereCommerce & Spindle Partner on mPOS

7, Country, Priority, UNITED STATESBy Robert McKinley 08/29/2013

AnywhereCommerce has reached an agreement with mobile commerce solutions provider, Spindle, Inc., to provide mobile point-of-sale (mPOS) products for Spindle’s MeNetwork mobile commerce offering. Through this relationship, AnywhereCommerce will provide MeNetwork™ customers its patented magnetic-stripe card payment accepting technologies that turn smartphones and tablets into mobile payment terminals. Renowned for its MeNetwork brand of global mobile marketing services, Spindle is the leading developer of seamlessly integrated mobile payments and mobile marketing and branding solutions. Its customizable services enable mobile merchants around the world to strengthen connections with their consumers, differentiate themselves from the competition, and drive more business.

Global Payments and Dialog Axiata Ink mPOS Partnership

10, Country, Priority, SRI LANKABy Robert McKinley 08/29/2013

Global Payments Asia-Pacific Limited (Global Payments), a leading pan-regional card payment processor in Asia Pacific, and Dialog Axiata PLC (Dialog), a premier telecommunications service provider in Sri Lanka, announced the launch of an innovative mobile payment solution that turns a smartphone or tablet into a mobile point-of-sale (mPOS) terminal — the first of its kind in Sri Lanka. This award-winning mobile payment solution* enables merchants to accept card payments beyond a counter-top sales environment and wherever business takes them within Sri Lanka. This mobile payment solution helps small and medium enterprises (SMEs) quickly and easily establish a means to accept MasterCard(R) and Visa(R) card payments through a smartphone or tablet. The business can download a free app provided by Global Payments on their mobile device and connect it to a secure card reader to start accepting card payments instantly.

Cardlytics Expands Internationally

10, Country, Priority, UNITED KINGDOMBy Robert McKinley 08/29/2013

Cardlytics Card-Linked Marketing launched its successful advertising platform, initially with Lloyds Banking Group. The U.K. market represents a new opportunity in Card-Linked Marketing, which allows advertisers to create purchase-targeted marketing, reaching consumers via their online and mobile banking applications. Online banking customers represent an important and engaged consumer channel: 50% of all U.K. adults report that they access their bank accounts over the internet, and 76% of those aged 25-34 report using the internet for online banking.

PNC Bank Upgrades 3600 ATM

9, Country, Priority, UNITED STATESBy Robert McKinley 08/29/2013

PNC Bank customers have more convenient options to make deposits, cash checks and complete other transactions with the addition of new features to 3,600 ATMs. The installation of PNC DepositEasysm capabilities on ATMs in every PNC region began in 2012 and was completed this month. The “smart” ATMs, which can be located via pnc.com/depositeasy from among the bank’s 7,200 ATMs nationwide, enable customers to cash checks and deposit stacks of cash or checks without an envelope 24/7, 365 days a year. Justice said customers are increasingly taking advantage of PNC’s investments in services and technology. Prior to completion of the ATM upgrades, deposits via ATMs and mobile app increased to 23 percent of PNC’s total deposits in the second quarter compared to 14 percent last year.

B+S Card Service Launches ePayment

10, Country, Priority, UNITED KINGDOMBy Robert McKinley 08/29/2013

B+S Card Service launched its Electronic Payment Advice (EPA) reporting tool to UK merchants. The EPA function is a daily report format that integrates with merchants accounting software to instantly provide detailed payment information. Daily report format has to be seen with respect to agreed date of payment, i.e. report is only available after payments are completed. This integration presents relevant payment information quickly and clearly to merchants making it easier for them to attain an overview of transactions. EPA presents payment information in various levels of detail, from payment at invoice number level to individual transaction level offering merchants a convenient and immediate overview of their electronic payments.

Shopify Announces POS System

7, Country, Priority, UNITED STATESBy Robert McKinley 08/29/2013

Shopify ecommerce platform announced its Shopify POS system designed to let anybody easily sell in-store in addition to online. Shopify POS marks a new frontier for Shopify as they branch out from helping people create ecommerce stores, to helping people run and grow businesses across all levels of commerce. Shopify POS uses the same easy-to-use online store management system as its ecommerce platform, allowing merchants to manage all aspects of their business from one place. They can add a product or update inventory on one side of the system, and it is instantly updated across the board – creating an organized, seamless integration between selling online and selling in-store.

MoneyGram Expands Money Transfer Service

10, Country, MYANMAR, PriorityBy Robert McKinley 08/29/2013

MoneyGram, a leading global money transfer company, announced that its international money transfer service will be expanding. Services will be provided through an alliance with three banks: Asia Green Development (AGD) Bank, Myanmar Citizens Bank (MCB) and Tun Foundation Bank (TFB). MoneyGram’s initial services allow consumers to securely receive money from friends and family through these three banks, which have locations spread across the country. Each bank was selected for its reliability and reputation: MCB is a public bank, TFB is almost 20 years old and privately owned, and the parent company of AGD Bank owns the largest chain of banking businesses in the region.

MasterCard, C-SAM, DNP to Introduce White-label NFC mWallet

10, Country, JAPAN, PriorityBy Robert McKinley 08/29/2013

MasterCard, C-SAM and DNP announced the coming launch of a white-label NFC m-wallet service in Japan that enterprises will use to offer their customers more rewarding experiences to retailers and merchants. The NFC white label services integrate C-SAM’s end-to-end Mobile Transaction Platform (MTP), MasterCard PayPass™ contactless payment solution, and DNP’s flexible and scalable mobile wallet, enabling merchants and retailers to enhance and simplify the shopping experience by offering their customers convenient, contactless, transactional and value-added services via their smartphone. A joint mobile wallet service integrating C-SAM’s MTP and MasterCard contactless technology was launched in Singapore in August of 2012. This platform also includes StarHub, DBS Bank, and EZ-Link.

ATMIA Publishes ATM Explosion Protection Manual

10, Country, Priority, UNITED KINGDOMBy Robert McKinley 08/28/2013

ATMIA announced the publication of a new best practice manual for helping the prevention of gas and explosive attacks on ATMs. Alongside these best practices ATMIA has published a directory of special solutions for these attacks. Explosive attacks against ATMs are of growing concern globally and are particularly prevalent in Europe. The use of explosives, predominantly combustible gas and with a proportional migration to solid explosives, is a recognised trend for the ATM industry in Europe. The 16-person Steering Committee is comprised of representatives from banks, independent ATM operators, ATM schemes and law enforcement from six countries.

MasterCard Names New Chief Marketing Officer

3, Country, Priority, UNITED STATESBy Robert McKinley 08/28/2013

MasterCard announced that Raja Rajamannar has been named Chief Marketing Officer (CMO). Here he assumes global responsibility for MasterCard’s advertising, sponsorships, promotions, research, insights, and digital and consumer marketing initiatives. Rajamannar previously served as Executive Vice President and Chief Transformation Officer at WellPoint, Inc, where he led the company’s new strategic direction and transformational agenda, and was responsible for managing its $10 billion Medicare Advantage business. He also managed various functions for the enterprise, including Marketing, Innovation, Corporate Development & Ventures, Consumer Data Analytics, Digital and International Operations.

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