Fiserv Launches Enhanced Electronic Payments Fraud Prevention and Sanctions Screening Solutions

Fiserv announced new real-time electronic payments monitoring capabilities to prevent fraud. The solutions protect clients from the ever increasing threat of payments fraud, covering both international and domestic payments for Automated Clearinghouse (ACH) and wire (Fed and SWIFT), and complement the enhanced SWIFT Sanctions Screening capabilities now available on the Financial Crime Risk Management Platform (FCRM) from Fiserv. ACH Fraud Prevention from Fiserv takes an integrated, cross-channel view of customers and their behavior. Detection and interdiction scenarios evaluate ACH files, batches and transactions, looking for unusual patterns of behavior and other variables that indicate fraud risk. The system continuously builds intelligence for each customer, account and other entities relevant to the ACH process to support accurate detection on anomalies. Non-transactional data including session data can also be incorporated into real-time strategies based on the level of risk presented by account activity or a specific transaction. The detection capabilities can be seamlessly integrated with an organization’s compliance activities such as collecting notes and evidence, tracking financials and preparing regulatory reporting.

Exatouch Retail POS now EVO Snap Certified

XTT LLC announced its Exatouch® Retail POS software is now certified to the EVO Snap*™ payment services platform. Exatouch products are full-featured point-of-sale (POS) systems employing in-store *and* Cloud retail technology. Available through merchant services ISO partners, Exatouch integrates payment processing directly through EVO® Payments International’s Snap* and other platforms with no payment gateway required. Unlike Cloud-based iPad® and “app” POS products that are not PCI PA-DSS Validated, and therefore not PCI compliant, Exatouch is on the PA-DSS list.

Western Union Goes to the Movies with Major RIO 2 Film Partnership

The Western Union Company announced a film partnership deal with 20th Century Fox for its animated feature RIO 2. Western Union saw the partnership with RIO 2 which has a roster of beloved characters, a stellar cast, a rich and vibrant soundtrack, and is a sequel to the original smash hit film, as an opportunity to create a unique partnership between two iconic brands centering on a common theme in a fresh and creative venue. The partnership expands consumer reach for both companies with a collaborative global marketing campaign. The collaborative global marketing campaign with 20th Century Fox includes TV advertising, print, point of sale, online, out-of-home, and social media, with a consumer scratch and win game in the US.

AFEX to Acquire Jameson Bank

AFEX announced that subject to regulatory approvals, it will acquire the business of Jameson Bank, headquartered in Toronto, Canada. This strategic acquisition, expected to close in the second quarter of 2014, will result in the addition of three new offices for AFEX in Canada, in Toronto, Ottawa and Montreal, joining an extensive network of global offices in the United States, United Kingdom, Europe, Middle East, Asia and Australia.

Clearent Releases API for Payment Processing

Clearent announced that software application developers now have access to a full service payments platform that allows them to provide seamless payment transactions to their customers. Clearent’s developer-friendly API integrates payment processing into any software program or application, resulting in a seamless user experience for the consumer. Clearent’s payments API is different from those offered by legacy processors in that it offers clear, easy-to-understand documentation, supports multiple programming languages and is backed by live developer support that helps streamline the implementation process.

ChannelAdvisor Supports Google Merchant Promotions

ChannelAdvisor e-commerce solutions that enable retailers and manufacturers to increase global sales, announced support for Google Merchant Promotions, a program that enhances Google Product Listing Ads with discount offers. ChannelAdvisor Digital Marketing offers technology to streamline retailers’ participation in Google Merchant Promotions and help accelerate the success of Product Listing Ads for online retailers. ChannelAdvisor Digital Marketing allows sellers to get their products front and center on global, local or mobile search engine results pages through Google Product Listing Ads, paid search ads and comparison shopping engines. Digital Marketing employs Flex Feed technology, so advertisers can easily explore additional feed-based destinations such as retargeting providers and affiliate networks, as well as benefit from SKU-level performance reporting across those programs. ChannelAdvisor will also improve the buyer experience and optimize the path to conversion.

eCard Transactions Partners With Bluefin’s PayConex

eCard Transactions and Bluefin Payment Systems, have announced a partnership to bring Bluefin’s PayConex P2PE™ solution to eCard Transactions clients. eCard Transactions provides intelligent software, payment solutions and sweep technology to recover returned checks, EFTs and declined credit cards for customers while averaging collection rates as high as 77%. The company specializes in payment solutions and recovery services for the health, fitness and non-profit industries, and serves 3,000 YMCA headquarters, branches and childcare centers across the United States.

Bluetooth, 3G and Wi-Fi communications Facilitate Verifone POS

VX690VeriFone Systems unveiled its VX 690 EMV-capable payment terminal features Bluetooth, 3G radio and Wi-Fi connectivity for fast transactions and flexible payment capabilities. The terminal’s size, design and multiple connection capabilities meets merchants’ mPOS demands where 3G connectivity is increasingly required for payment device acceptance. The VX 690’s Bluetooth, 3G radio and Wi-Fi combination provides fast, wireless payment convenience as well as fewer dropped transactions in virtually every type of merchant environment. Dual SIM functionality enables the terminal to quickly connect to different networks to keep transactions moving, while built-in GPS allows merchants to track the location of every transaction, providing greater visibility into operations and inventory across multiple stores.

Sequent Software Receives Approval From VISA

Sequent Software has received approval from Visa, Inc. for its Trusted Services Manager (TSM) systems. The Sequent platform is commercially available today for banks and mobile phone operators launching new digital issuance and mobile wallet services worldwide. Sequent’s Digital Issuance (SP-TSM) service securely manages and distributes payment credentials to mobile-device users worldwide on behalf of banks, mobile operators, merchants, transit and service providers. The service handles all pre- and post-issuance configuration of handsets, including personalization of NFC secure elements and provisioning of applications “over the air.”

CardFlight Launches SwipeSimple

CardFlight announced today the launch of SwipeSimple, a turn-key solution that empowers credit card processors, merchant service providers, ISOs, agents and other resellers to offer a mobile POS product to their merchants. SwipeSimple is the first mobile POS offering that provides 100% free co-branding, allowing resellers to promote their brand throughout the merchant experience at no extra charge.

JetPay Appoints New Chief Operating Officer

JetPay hired Michael J. McGovern as Executive Vice President and Chief Operating Officer. McGovern began his career in a corporate setting as a tax accountant then as director of operations at Management Assistance Inc., a computer manufacturing and leasing company. With his experience at the Federal Reserve, Mr. McGovern joined American Express where he eventually was responsible for application project management. McGovern, in a long and distinguished career with CoreStates rose from Vice President of cash management services, to Senior Vice President of data Processing Systems, and, ultimately, to Executive Vice President of Domestic and International Operations – a position in which he remained for 12 years.