In today’s CardFlash News Que: IMG (office); Easy Solutions (Fundtech); CAPRA (Collupy); and INTUIT (EMV).
IMG – Independent Merchant Group, the largest merchant services auditing and consulting firm in the nation, announced the opening of their new national headquarters located in the Parkway Plaza at 1400 Old Country Road in Westbury, New York. The new location and expanded space will support the merchant services auditing firm as it experiences continued growth, at more than 100 percent year-over-year since 2009, while also allowing them to better service their clients which are located nationwide. Independent Merchant Group has an additional location in Aventura, Florida.
EASY SOLUTIONS _ Easy Solutions, the Total Fraud Protection® company, announced its transaction anomaly detection offering, DetectTA® has been certified to seamlessly integrate with Fundtech’s PAYplus, a powerful wire transfer automation and compliance solution. This technical partnership with Fundtech, a market leader in global transaction banking solutions, will provide U.S. financial institutions the ability to confidently qualify their wire transaction risk and minimize the risk of fraud in wire transactions.
CAPRA – W. Capra Consulting Group, the leading retail technology, payments, security and strategic implementation firm announced that Ed Collupy is joining the team as an Executive Consultant.Collupy joins W. Capra from The Pantry, Inc., the largest independently operated convenience store chain in the southeastern United States prior to its merger with Couche-Tard. At the Pantry he served as vice president on the IT leadership team, where most recently he directed and supported all of The Pantry retail systems for store operations, merchandising, and the fuel teams.
INTUIT – The new liability standard is called EMV – shorthand for Europay, MasterCard and Visa – and is designed to cut down on fraud, by enhancing the security already enabled by the traditional magnetic stripe on the back of the card, with the addition of a unique identifier for each transaction. Yet with the deadline approaching, “Small Business Adoption of EMV Technology,” a new research report commissioned by Intuit Inc. found that only 42 percent of small businesses currently plan to make the switch. To help them through the process, Intuit is offering the QuickBooks Mobile EMV Card Reader, now available for pre-order. The device is easy to set up, small enough to carry and seamlessly integrates sales transactions within QuickBooks Online, as well as with QuickBooks Desktop using the QuickBooks GoPayment app. The company will announce additional EMV-compatible solutions for select versions of QuickBooks Desktop and QuickBooks Point of Sale at a later date.