Tieto and PetroCard have implemented a 3-D Secure issuing solution for Visa payment cards, thus enabling PetroCard to provide banks with a safe service for online shopping. During the project Tieto has implemented the Verified by Visa 3-D Secure authentication solution and assisted PetroCard in the certification process with Visa International. 3-D Secure is an online service designed to improve the safety of online transactions through cardholder identity authentication at the time of purchase according to Visa regulations. During the online payment, the cardholder is redirected to their card issuer bank website and requested to enter a special password.
PayPal Here for iOS and Android smartphones has been giving UK businesses of any size the opportunity to take card payments via the PayPal Here card reader wherever they do business. After being adopted by thousands of businesses across the UK and allowing them to take card and PayPal payments face to face, a brand new version of the PayPal Here UK app designed especially for the iPad is now available. PayPal Here for iPad is designed for small and medium sized businesses that want to give their customers the flexibility to pay how they want. Taking advantage of the additional screen space of the iPad, PayPal has incorporated some handy features such as giving businesses the ability to set up product options and category lists to make order entry fast and easy. PayPal has also incorporated Red Laser, eBay Inc’s leading bar code scanner, allowing businesses to scan an item’s barcode for faster checkout.
CreditCall payment gateway and EMV Chip and PIN expert launched its mPOS Toolkit Partner Programme for app developers at Apps World London. The mPOS Toolkit – including the CardEase Mobile SDK (Software Development Kit) – provides app developers with the tools they need to incorporate EMV certified Mobile Point of Sale (mPOS) card acceptance within their iOS and Android business applications. Joining the CreditCall Partner Programme will provide developers a fast route to market with unique access to a revenue stream from on-going referral payments. CreditCall’s mPOS Toolkit includes the CardEase Mobile SDK – which consists of the required API, precompiled native development libraries for iOS and Android and a development guide – a fully certified and EMV approved PINpad, a test platform, a transaction management and reporting tool, and access to CreditCall’s technical support team.
Aditya Birla Minacs is recertified as a Level 1 Service Provider with the PCI DSS, obtaining the highest level of compliance in 2013, Minacs is listed in both the Visa and Mastercard registries of compliant service providers. This certification includes credit card issuers, acquirers, retailers, payment processors and merchants. Minacs is expanding its global reach by achieving Visa and Mastercard PCI compliance in Europe and Asia Pacific and recently completed Safe Harbor certification and registration. The US-Europe Safe Harbor Framework, which was approved by Europe in 2000, is an important way for US organizations to avoid experiencing interruptions in their business dealings with Europe or facing prosecution by EU member state authorities under their privacy laws.
SEQR is making its first international market entry with its mobile payment application. In conjunction with GarantiBank the app is made available to its customers, who now have access to the most complete mobile payment solution available on the market. More than 200 stores are already signed and Subway Upground, the Bata and For Family networks, Bierhaus 67 and AVE Hotels in Bucharest are among the merchants that are live at the launch. SEQR will also be implemented nationwide in the Nike, Collective, Folli Follie, Converse, KIX, Calvin Klein Jeans, Star Place and Arsis networks, as well as Tabiet teahouse and Antipa coffee shop. Downloaded from iOS AppStore or Google Play, the application connects the user’s current GarantiBank account to the retailers’ cash register or online system via a QR code. GarantiBank is the first financial institution to make SEQR available in Romania.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NCR posted 3Q/13 revenue of $1.51 billion, up 5% from the third quarter of 2012. Third-quarter revenue includes an unfavorable impact of 2% as a result of foreign currency translation. NCR reported third quarter income from continuing operations (attributable to NCR) of $98 million, or $0.58 per diluted share, compared to…
Virtual Piggy (VPIG) will run the first hackathon designed for youth 19 years old and under in the Los Angeles area on Dec 7, 2013. The prizes include over $25,000 in scholarships towards higher education, internship programs at Virtual Piggy, brand new high tech devices including laptops, and a Virtual Piggy prize pack from sponsors. A panel of successful business people will preside over the Hackathon, including Virtual Piggy advisory board member, John Paul DeJoria. The Virtual Piggy Hackathon will be held on December 7, 2013 just before Computer Science Education Week.
RewardsNOW loyalty programs for financial institutions partnered It’s My Michigan, a merchant discount program that offers Michigan residents discounts at thousands of Michigan-based merchants. The partnership with It’s My Michigan will enable RewardsNOW to expand the reach of its Shop Main Street local merchant funded shopping program beyond the metropolitan Detroit area into greater Michigan and is just one of many initiatives planned for the expansion of the Shop Main Street program. RewardsNOW’s innovative local merchant funded rewards program offers participating Shop Main Street merchants access to an easy-to-use online marketing tool where they can create customized, relevant offers designed to meet their own unique business needs and objectives, to attract new customers, and to reward loyal ones. And, unlike daily deals and coupons, Shop Main Street merchants have access to extensive data on customers’ transactions enabling them to analyze and evaluate the effectiveness of their offers.
Payveris online and mobile payments company expanded its executive leadership team with the addition of industry veterans Rich Pelikan and Mickey Goldwasser. As vice president of sales, Pelikan will be responsible for leading all of Payveris’ sales, account management and business development efforts. As vice president of marketing, Goldwasser will be responsible for the planning, managing and execution of all aspects of the company’s marketing, communication and public relations activities. Pelikan joins Payveris from COCC financial institution core data processing and ancillary services provider as head of sales and has held prior business development leadership roles with Fiserv, eFunds Corporation, BISYS Document Solutions and Deluxe Corporation. Goldwasser joins Payveris from Q2 electronic banking solutions for banks and credit unions and has held previous marketing leadership roles with Continuity Control, Eclipsys and Open Solutions Inc. (now Fiserv).
Lilitab partnered VeriFone Systems to develop the Apple MFi-certified self-service payment kiosk, the Lilitab Pro-V. The co-branded payment kiosk incorporates VeriFone’s industry leading payment technology for secure transactions with Lilitab’s patented Lilitab Pro tablet enclosure. Through the use of the fully integrated card reader, merchants can now give their customers rich content while simultaneously reducing their PCI scope with VeriFone’s end-to-end encryption solution, VeriShield Total Protect, Secured by RSA. The integrated and modular design of the Lilitab Pro-V enables convenient self-service payment stations on any wall, surface or floor, reducing security concerns about device tampering and card data fraud. The Lilitab Pro-V payment kiosks can be used for assisted selling and as line-busting mobile payment terminals.
TrustTD Canada Trust announced the launch of its new Android tablet app, offering customers an easy and interactive way to manage personal banking and direct investing needs within one app. It includes a single sign in to bank, manage personal investment accounts and trade and allow users to locate TD Canada Trust branches and ATMs. To download TD’s free tablet app and for more information, users just need to visit TD Canada Trust online or Google play. TD’s tablet app is designed for use on some of the most popular Android tablet devices in the market, including the Samsung GALAXY Tab 3 7.0 and GALAXY Tab 3 10.1.
EBA CLEARING’s STEP2 platform for a major part of their SEPA payments in the future, have migrated the first transactions to a processing mode that has been specifically designed for handling very high volumes. The banks exchanged SEPA payments via STEP2 that were, among other things, pre-sorted by receiving bank. The batch processing mode used in this context allows a fast and efficient clearing of large payment volumes. Over the next three months, seven major players in the German payments market will migrate their bilateral mass payments to this processing mode on the STEP2 platform. EBA CLEARING offers to the European financial industry a clearing infrastructure for SEPA transactions that provides full reach to all payment service providers offering SEPA Credit Transfers and Direct Debits.