Tradeweb Markets, the leading global provider of fixed income and derivatives marketplaces, supported the first electronic indicative pre-trade credit check between a buy-side client and a futures commission merchant (FCM) for an over-the-counter derivatives transaction. Using the electronic credit checking solution from Tradeweb, the customer successfully received an indication of available credit from J.P. Morgan as the clearing bank and executed a cleared interest rate swap trade. The new global regulatory environment for trading swaps will require a majority of financial institutions to begin clearing derivatives trades. It’s increasingly important that clients have efficient and cost-effective tools that give them real-time information about their ability to clear; especially for market participants preparing for the mandatory clearing deadline on June 10, 2013 under Dodd-Frank.
Agilysys, a leading provider of innovative information technology and hospitality software, services and solutions, continues to expand its footprint in the U.S. healthcare market. Hospitals and other healthcare providers in almost every state, ranging in size from large multi-facility systems to single freestanding hospitals, use Agilysys solutions for point-of-sale, inventory and procurement, document management and self-service to enhance productivity and profitability. InfoGenesis POS is an award-winning point-of-sale solution that combines powerful reporting and configuration capabilities in the back office with a fast, intuitive and easy-to-use terminal application. The flexible system is easy to set up, and its scalable architecture enables customers to add workstations without having to build out expensive infrastructure. It also integrates easily with other applications. The software’s detailed and high-quality reporting capabilities give insight into sales data and purchasing trends. InfoGenesis POS is available as an on-premise solution or through a subscription service.
INSIDE Secure and CPI Card Group (CPI) announced that two new jointly developed M/Chip™ Advance EMV card products have been approved by MasterCard. The two products offer capabilities specifically designed to meet the unique requirements of the U.S. market. In support of issuers wishing to use these products, Datacard Group is offering complete turnkey hardware and software personalization solutions, as well as personalization scripts. These new card products give issuers the greatest flexibility in migrating to EMV. One product has been optimized to support online-only EMV card programs, while the other supports both online and offline payment transactions.
Barclaycard Global Payment Acceptance and Diners Club International announced a new joint agreement to allow the acceptance of Discover and Diners Club cards by merchants using Barclaycard’s payment acquiring services. With this, merchants using Barclaycard’s payment acquiring services will be able to accept payments from Discover, Diners Club International and Discover Network partners cardholders from around the world. Barclaycard will subsequently add acceptance of Discover Network and Diners Club International’s cards as a standard to its payments processing services portfolio early 2015.
NCR Corporation announced the Nationwide Building Society retail banking is deploying NCR Skimming Protection Solution (SPS). The deployment of the NCR security solution across 424 cash machines in the U.K. will also help Nationwide to improve the availability and usability of its cash machines and manage business risk more effectively. NCR designed SPS software to enable its random, multiple-jamming hardware module to block criminal “listening” devices from capturing card data. The new technology also prohibits criminals from tampering or removing the original cash machine bezel and helps promptly detect fraudulent devices. These features help provide reassurance and maximum availability to both financial institutions and their customers. SPS also constantly reports on the health of the cash machine and can report in real time any attempt to tamper with or disable the jamming signal to law enforcement and the financial institution.
Diebold announced its board of directors has named Andy W. Mattes as the company’s new president and CEO. Also named a board director, Mattes will assume his leadership role with the company effective immediately. Mattes has a penitent for driving growth and improving profitability in large, global businesses. He has more than 25 years of experience in the information technology and telecommunications industries – primarily with Hewlett-Packard and Siemens AG. Mattes most recently was senior vice president, global strategic partnerships at Violin Memory, a manufacturer of flash memory computer storage systems. He will remain with Violin in an advisory role.
MoneyGram, a leading global money transfer company, announced that it has reached an agreement with TML, one of the fastest growing remittance companies in Malaysia, to offer international money transfer services at TML locations throughout the country. TML will increase MoneyGram’s international money transfer footprint in Malaysia while providing customers more money transfer options. MoneyGram has recently experienced growth in the region, with money transfer locations that now cover the eastern and western sides of the country.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Tsys announced the promotion of two senior executives in its International Services segment. Dennis Jones has been promoted to Executive Vice President of Business Operations, TSYS International, and Ian Thompson has been promoted to Group Executive of Human Resources, TSYS International. Dennis Jones, Executive Vice President of Business Operations, TSYS International…
Ifbyphone, the leader in voice-based marketing automation, launched its new PCI-compliant IVR (interactive voice response) solution, providing direct response TV (DRTV) marketers with the most advanced and flexible solution for securely auto-processing phone orders. Unlike cumbersome legacy IVR products that are difficult and time-consuming to deploy and modify, Ifbyphone’s next-generation IVR can be quickly rolled out and easily updated, so DRTV marketers can optimize their efforts to maximize revenue. DRTV marketers rely on IVR technology to automate over-the-phone credit card payment processing and generate revenue with upsells and transfers. Ifbyphone’s cloud-based IVR remedy can be deployed in a fraction of the time of legacy IVR tools and gives DRTV marketers the ability to monitor IVR performance in real time, conduct A/B tests, and make IVR script and other changes to help generate greater revenue. It also offers real-time credit card authorization to verify each caller’s information before accepting a purchase and web-based reports with real-time data that provide deep insight into marketing performance.
HP and First Data electronic commerce and payment processing announced that HP Converged Infrastructure will be the foundation for First Data’s VisionPlus Flex solution, which enables financial institutions to cost-effectively process payment portfolios of up to 10 million accounts. VisionPLUS Flex enables financial institutions to issue and process credit, debit, commercial and prepaid cards, as well as to address closed-end loan account processing on a single platform. Through this collaboration, First Data is now delivering VisionPLUS Flex in an appliance delivery model. With VisionPLUS Flex appliances, financial institutions can also lower the total cost of ownership, offer the ability to process payments in country and transform organizations’ existing IT platforms to support growing enterprise demands.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cardtronics announced its wholly owned subsidiary, Cardtronics USA, Inc., has acquired the assets of Merrimak ATM Group, LLC. Based in Rohnert Park, Calif. and an independent ATM deployer since 1995, Merrimak ATM Group provides ATM services”primarily ATM sales, transaction processing and ATM managed services”to a nationwide fleet of 4,800 ATMs, consisting…
Euronet Pakistan, a subsidiary of Euronet Worldwide announced it has successfully enabled acquiring of UnionPay cards on MCB Bank’s nationwide Point of Sale (POS) network. The service is enabled for MCB Bank through collaboration with UnionPay International (UPI) – a subsidiary of China Union Pay, which focuses on UnionPay’s international business. Union Pay International has an acceptance network in more than 140 countries and regions. With this acquiring service, MCB can accept UnionPay cards across its POS network, which includes 12,000 terminals across Pakistan. This new acquiring service will increase the bank’s revenue, as UnionPay cards in circulation worldwide have reached 3.5 Billion and it has the largest card holder groups in the world.