Heartland Payment Names New CFO

Samir Zabaneh has joined Heartland Payment Systems as CFO to oversee strategic and operational direction of the company’s finance department including reporting, treasury, taxation and corporate planning and development, as well as investor relations. Samir will also have a hand in developing business solutions and strategies to ensure corporate objectives are achieved. Prior to joining Heartland, Samir served as Chief Financial and Strategy Officer as well as Chief Operating Officer for Moneris Solutions Corporation, Canada’s leading payment processor, based in Toronto. Samir graduated from Northeastern University, Boston, with a Bachelor of Science degree in accounting. He also earned a Master of Science degree in finance from Boston College, and an MBA degree from Suffolk University, Boston.

Aptys Solutions Adds to Senior Management Team

Aptys Solutions appointed Rose Davis to the position of senior vice president of consulting and professional services to oversee consulting and professional services to better serve their customers. Most recently, a senior vice president with Bankers’ Bank, Davis brings her extensive knowledge of banking, payments, project and risk management, compliance, and sales to her new role with Aptys. Prior to Bankers’ Bank, Davis was business development manager at the Federal Reserve Bank of Chicago where she managed account relationships with large FIs and was responsible for revenue generated from solutions offered to financial institutions.

TSYS Partners with Oversight to Strengthen Corporate Card Program Auditing

TSYS announced an agreement with Oversight Systems to provide an automated monitoring and analysis solution to help corporate purchasing professionals detect and eliminate fraud, policy misuse, and waste within their card programs. Oversight Insights On Demand – Powered by TSYS is an innovative solution that will facilitate transparency, accountability and growth of card programs for corporate customers. In addition, this solution addresses key barriers to card adoption, namely the lack of operational spend control and associated risk with decentralized purchasing. The solution will be available to TSYS’ commercial clients beginning in the third quarter of this year.

BofA Merrill Further Extends Chip and PIN to Commercial Card Portfolio

Bank of America Merrill Lynch, a leader in card services for middle-market, large corporate and public sector clients, today announced that it is expanding chip and PIN technology to all purchasing and travel credit card products available to clients in the United States. This is the latest development in the company’s ongoing effort to rollout EMV® (EuroPay Mastercard Visa) technology to its global client base. BofA Merrill first introduced chip and PIN technology on corporate travel and expense (T&E) credit cards in Europe in 2010 and in the United States in 2012. The bank began issuing chip-enabled purchasing cards in 2013. Together with T&E cards, more than 100,000 chip and PIN cards across the portfolio have been issued to clients in the United States alone.

Sam’s Club Extends With GE Capital Chooses MasterCard

Sam’s Club has finalized a multi-year agreement with GE Capital Retail Bank to extend their existing relationship to provide Sam’s Club-branded credit cards to club members in the U.S. and Puerto Rico. As part of the extension, GE Capital’s Retail Finance business will continue to manage and service the credit card programs for Sam’s Club Savings, Business and Plus members. Under the agreement, the Sam’s Club co-branded credit card programs will be converted to MasterCard later this year, providing members with a broader card acceptance network, as well as more robust features and benefits.

Unemployment Stays the Course in March, Stays Low

Payroll employment was up 192,000 units in March for a subsequent .01% change in the unemployment rate from February, which hasn’t moved from 6.7%. This was led by employment in business services, in health care and in mining and logging. The number of unemployed persons sits at 10.5 million with little change since the previous month figure of 10.5 million. Meanwhile, those jobless for 27 weeks or more was at 3.7 million, down slightly from the February figure of 3.8 million. These individuals accounted for 35.8% of the unemployed, a figure which has declined 837,000 over the prior year.

First Data Names Chief Technology Officer

First Data appointed Michael Manos chief technology officer to oversee global technology infrastructure. Manos joins First Data from AOL Inc., where he served as AOL’s chief technology officer and was responsible for global technology and development platforms for all AOL subscription businesses, the industry, technology and media sites, AOL mail and messaging, and global mobile engineering efforts. Prior to joining AOL, he was a vice president at Nokia where he was responsible for the global operations, consolidation and restructuring of service operations for commercial-facing products and services. Before that, he was senior vice president for technical services at Digital Realty Trust where he oversaw the design, engineering, construction, and long-term operation for the company’s data center operations. He has also held leadership positions of increasing responsibility at Microsoft, Walt Disney and Nuclio Corporation.

USA Technologies Announces Latest Three Year Agreement

USA Technologies cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries, tannounced a new, exclusive agreement with The Pepi Companies that USAT believes exemplifies the future of integrated cashless payment, telemetry and consumer engagement services. The agreement, designed to span all aspects of Pepi’s business”from vending to micro-market, from mobile payment to cafeteria/food service point of sale”leverages Pepi’s existing cashless-enabled vending network and USAT’s new Integrated Payment Services. Integrated Payment Services, an evolution of USAT’s market-leading ePort Connect® service, was introduced to the vending industry yesterday. Pepsi was USAT’s first customer to initiate a complete conversion to cashless payment and telemetry on its vending machines, a project completed at the end of 2012. Pepi will expand its relationship with USAT by leveraging USAT products, services and add-on integration capabilities across all of Pepi’s other business segments.

Pepi’s integrated service solution will include traditional vending, using USAT’s turnkey ePort® and ePort Connect cashless payment and telemetry products and services. Pepi will also have the ability to integrate other third-party devices certified on USAT’s ePort Connect network. For Pepi’s micro-markets as well as their dining service point of sale, Pepi’s technology partner used QuickConnect to integrate with USAT, for streamlined payment services. In addition, for Pepi’s office coffee services and direct store deliveries, Pepi will use USAT’s ePort Mobile™ solution to integrate payments with other business segments. Finally, USAT’s loyalty and prepaid program, MORE., will be accessible by participating consumers using any of these payment acceptance options for an enhanced consumer experience and loyalty factor”one program for all aspects.

1stPayGateway Announces 1stPayPOS – A Revolutionary Cash Register with Superior Security

1stPay iPad POS announced the 1stPayPOS cloud-based iPad POS system provides big data analytics for small-to-medium sized businesses (SMB). The intuitive 1stPayPOS® cloud-based point-of-sale system is easy to install and significantly reduces training time for employees. Replacing the obsolete electronic cash register with 1stPayPOS® will speed the checkout process with barcode scanners, improve your store’s image and provide analytics to better manage your business. 1stPayPOS® has no servers to maintain and no limit to the number of stations like a PC-based system. 1stPayPOS® has proprietary End-To-End Encryption technologies to offer you peace of mind that your customers’ credit card data is secure. The card data is encrypted at the time of swipe, which is superior technology to that used by the big box retailers currently in the news.

Ciphrex Lauches Bitcoin Wallet

Ciphrex has launched Bitcoin Vault™ – a leading-edge, secure software wallet for Bitcoin transactions and account management. The beta release is offered for free and can be downloaded from Ciphrex website at ciphrex.com. Bitcoin Vault™ is the first bitcoin wallet supporting shared multisignature account management using deterministic keychains. That’s welcome news for the Bitcoin community. Last December, at the Bitcoin convention in Las Vegas, attention was drawn to the fact that no one had yet offered any practical multisignature tools.

Wallaby Launches Chrome Extension for Credit Card Recommendations

Wallaby announced the launch of its Google Chrome web browser extension that expands Wallaby’s market leadership position in credit card optimization solutions. The Wallaby Chrome Extension is included in the roll out of Wallaby Version 3.0 for iPhone – the most significant update to the popular and award-winning mobile app since its launch in 2012. Through the extension, Wallaby users easily identify which of their credit cards they should use for online purchases at a wide selection of merchants including Amazon, eBay, Staples, and Best Buy.

ATMIA Creates U.S. Underbanked Forum

The ATM Industry Association (ATMIA) announced the creation of a new U.S. Underbanked Forum, to help foster development and deployment of ATM solutions addressing the needs of the unbanked and underbanked. Although explosive growth in the use of mobile devices for payments and banking services has dramatically improved consumer accessibility, there is still a need for more options that are not tied to traditional bank accounts.