09/16/2013 • CardFlash® - Payment Card Industry News

Ingenico POS Terminals FreedomPay Compatible

3, Country, Priority, UNITED STATESBy Robert McKinley 09/16/2013

Ingenico and FreedomPay platform and payment processing provider announced their partnership and the certific ation of the innovative Telium2 series point-of-sale (POS) payment devices. The integration extends to Ingenico’s retail base application (RBA) and its innovative hardware, including iSC250 Signature Capture terminal and iPP350 & iPP320 PIN Pad devices. The newly supported Ingenico RBA software-powered devices will accept magnetic stripe and EMV chip-card payments, as well as NFC-based transactions, enabling tap-and-go mobile payments. Ingenico devices will be integrated and connect to the FreedomPay Commerce Platform(, a cloud-based smart technology gateway, that supports true point-to-point encryption (P2PE), instantly reducing merchants’ scope for PCI DSS compliance.

Deutsche Bank Up Payment Transparency

5, Country, Priority, UNITED STATESBy Robert McKinley 09/16/2013

Deutsche Bank expanded its Guaranteed Plus product suite with its “Guaranteed US Plus” USD clearing. Designed to provide end-to-end pricing transparency for individual USD payments flowing into the United States (US), the “Guaranteed US Plus” solution enhances pricing transparency for The Guaranteed Plus product suite – a range of USD and EUR payments services – allows Deutsche Bank’s clients and their customers to benefit from enhanced pricing transparency and payment principal preservation. It allows financial institutions to direct individual payments originating outside the US to the local mass payments network, which ensures next day value with control over deductions and financial institutions worldwide to achieve end-to-end pricing transparency and improve fee and deduction management.

New Windows 8 Payment App on the Market

7, Country, Priority, UNITED STATESBy Robert McKinley 09/16/2013

SunGard, Thomson Reuters, Temenos and FreedomPay are announcing new apps for Windows 8 and Windows Phone 8 that will help financial services companies across the world grow their businesses with mobile experiences for employees and customers. Windows 8 and Windows Phone 8 devices continue Microsoft’s long history of providing the security, manageability and compliance that financial services companies rely on. As financial services go mobile, the importance of access control, data security and computing power become even more important. App builders for the financial services industry recognize the power of the Windows 8 platform on mobile devices as essential to providing the solutions that their customers demand. Windows 8 enables new critical business mobility and productivity scenarios that meet the rigorous IT standards for security, manageability and support required in today’s financial services industry. FreedomPay mobile payment and incentive developed the FreedomPay Commerce Platform, available first on Windows Phone 8, which allows consumers to use the platform as a mobile wallet to pay at local stores and get exclusive mobile incentives. Payment cards, offers and loyalty cards are secured in the SEEK digital wallet, which simplifies the consumer’s payment experience.

YSPay & Accenture Partner on mPayments Solution

7, Country, Priority, UNITED STATESBy Robert McKinley 09/16/2013

YSPay deployed its mpayments solution, developed in conjunction with Accenture, allowing its customers to process payments with any type of mobile phone. YSPay’s mpayments solution uses phone numbers to process payments – merchants type phone numbers to initiate payment processing and consumers receive a text confirming the payment will be sent. Accenture leveraged the Accenture Mobility platform to help YSPay rapidly launch and scale its mobile payments solution. YSPay is using the Accenture Mobility platform to connect with banks via China Union Pay – China’s bank card association – and with existing YSPay merchants who have point-of-sale machines in place, as well as with additional merchants, such as call centers and mobile top-up service providers. The Accenture Mobility platform allows clients to launch and scale vertical mobile offerings quickly on a variable cost, transaction model basis. This platform is fully equipped with features including published Web services and application programming interfaces (APIs), meaning that YSPay has the capability to integrate the platform with external systems and add new applications and services at any time.

LevelUp Launches mPayment SDK

9, Country, Priority, UNITED STATESBy Robert McKinley 09/16/2013

LevelUp launched the LevelUp Software Development Kit (SDK), which will enable developers to easily integrate mobile payments into their own applications. The LevelUp SDK is part of LevelUp’s ongoing strategy to create an open platform for mobile payments, with easy access for merchants, consumers, and developers. For the non-technical folks out there, an SDK is basically a nicely packaged set of tools that lets developers build on a specific platform, or integrate some desirable functionality built by somebody else. SDKs can be really broad, enabling the creation of entirely new apps (like Apple’s iOS SDK), or much more specific, letting developers integrate existing functionality into their own apps (like Facebook’s social SDK). LevelUp’s SDK is more like Facebook’s than Apple’s. Developers can now add mobile payment-specific functionality to their new or existing applications.

Fiserv Appoints New SVP, Biller Solutions

9, Country, Priority, UNITED STATESBy Robert McKinley 09/16/2013

Fiserv announced Robert R. Craig as its Senior VP, Biller Solutions. Here he will oversee strategic direction and day-to-day management of biller products and solutions from Fiserv, as well as business development, marketing and account management. He has extensive experience and is a respected leader in the billing and payments industry. Most recently, he was Chief Executive Officer of eDeposit Corporation, which provides prepaid financial services for consumers, merchants and businesses. Previously, he spent five years at Online Resources (ORCC), now ACI, as executive vice president and general manager of the eCommerce Services division, growing the company’s biller business by triple digits during his tenure. With a background rooted in the payments industry, Craig has also held leadership positions at First Data, REMITCO, Wells Fargo and JPMorgan Chase. He holds a bachelor’s degree in economics from Lafayette College.

Diners Club and Worldline Ink Merchant Acquiring

10, BELGIUM, Country, PriorityBy Robert McKinley 09/16/2013

Diners Club International, Ltd., owned by Discover Financial Services and Worldline, Atos subsidiary for e-payment services, announced a new relationship that will allow the acceptance of Discover and Diners Club cards by merchants using Worldline electronic payment services in Belgium. Worldline will add acceptance of Discover Network and Diners Club International’s cards – which are already accepted in more than 185 countries worldwide – as a standard to its payment processing services portfolio, starting in 2014.

MoneyGram Expands Poste Italiane Agreement

10, Country, ITALY, PriorityBy Robert McKinley 09/16/2013

MoneyGram signed an agreement with Poste Italiane, whereby it will continue to offer services to consumers at convenient locations close to where they live and work. Poste Italiane (Italian Post Office) is the largest and most diverse infrastructure in logistic and technology solutions in Italy. It provides postal, financial, insurance and mobile telephony solutions to individuals, private corporations and public authorities. With its extensive network in the nation, Poste Italiane serves around 37 million clients throughout Italy. There are now more than 9000 Poste Italiane offices available for money transfer service with MoneyGram. MoneyGram’s growth strategy includes aligning with postal operators to provide consumers with convenient access to reliable money transfer services in easily accessible locations.

Visa payWave Transactions Average 1mm+/Monthly

10, Country, Priority, SINGAPOREBy Robert McKinley 09/16/2013

Singapore is currently the fastest growing country in the world for Visa payWave thanks to increased consumer and retailer acceptance with the addition of new merchants in the “everyday” segment, such as cafes, cinemas, fast food chains, pharmacies and convenience stories, as well as increased consumer acceptance. Contactless payment momentum has been greatly supported by major supermarket chains in Singapore and this has increased Visa payWave acceptance across the island. Cold Storage, Market Place, Giant and, most recently, NTUC FairPrice have also adopted Visa payWave as a payment option. There are now more than 1.5 million Visa payWave cards2 issued in Singapore, an increase of half a million cards since the beginning of the year. Locally, cardholders can choose from 17 Visa payWave cards issued by national banks.

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Abdulaziz AIDahmash, Head of Digital Banking & Payments of SABB in Saudi Arabia, will speak at the 10th Annual Middle East Banking Innovation Summit in Dubai on March 1st. pyvnts.com ecommerce payments pic.twitter.com/G2RWUjYnsd

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Daily Archives: 09/16/2013