Cardtronics Announces New Board Member

Cardtronics announced Julie Gardner is joining its Board of Directors. Gardner brings to the role more than 25 years of marketing experience in the retail industry, most recently as Executive Vice President and Chief Marketing Officer of Kohl’s, a value-oriented specialty department store chain. During her 14-year tenure, Kohl’s expanded from a regional company to a nationwide retail chain, opening nearly 900 stores during Gardner’s time with the company. Prior to joining Kohl’s, Gardner had a 14-year career with Eckerd Corp., a regional drug store chain where she held several management positions, including Chief Marketing Officer. Gardner joins the company’s Board of Directors in conjunction with the vacancy created by Robert P. Barone, who retired from the Board earlier this year after serving as a Director for 12 years.

Piraeus Bank Achieves PCI DSS Certification

Piraeus Bank has been certified once more, according to the international PCI DSS, which lies on security of online transactions using credit and debit cards. This certification is a well-known standard and compliance obligation for all parties involved in card data management, such as merchants, credit institutions, organizations, companies, etc. It is noted that Piraeus Bank is the only bank in Greece and the broader geographic region that is PCI DSS certified, demonstrating in practice our dedication to online transactions in which the Bank has significantly invested.

Fiserv Announces Latest LoanServ Client

Fiserv announced that Cole Taylor Mortgage, a division of Chicago-based Cole Taylor Bank, has deployed its LoanServ platform to support its expanding loan servicing portfolio and further develop its full-service mortgage banking capabilities. Cole Taylor Mortgage is also rolling out LoanLink™, a consumer-facing self-service website for its borrowers provided by Fiserv. LoanServ automates all loan servicing processes, including integrated default management and collections, cashiering, escrow, and investor accounting for both closed-end and revolving loans. With the LoanServ solution, data transactions are available online in real-time to ease compliance risk and eliminate the limitations associated with an end-of-day batch processing cycle.

Diebold Settles Patent Suit

Diebold settled a lawsuit it filed in February 2013 in the U.S. District Court for the Northern District of Ohio against NuSource Financial for undisclosed terms. In its complaint, Diebold alleged, amongst other claims, that NuSource infringed Diebold’s U.S. Patent No. 6,672,505, as well as various Diebold copyrights, by selling refurbished Diebold automated teller machines (ATMs) installed with unauthorized copies of Diebold ATM software. NuSource denied Diebold’s allegations and any liability to Diebold.

Conference Board Employment Trends Index Up in September

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Conference Board Employment Trends Index (ETI) increased in September to 114.78, up from 113.98 in August and is 6.3 percent higher than a year ago. September’s improvement in the ETI was driven by positive contributions from seven of its eight components. The increasing indicators ” from the largest positive contributor…

NCR Revenue Up 5% Y/Y

[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 Intros Hackathon Concept

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 Partners to Expand Local Merchant Funded Program

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 Announces Industry Vets to Exec Team

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 & VeriFone Developing iPad Payment Solution

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.

Unemployment Continues to Decline, -.4% Since June

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total nonfarm payroll employment rose by 148,000 in September, and the unemployment rate was little changed at 7.2 percent, having declined 0.4 percentage point since June. Meanwhile, the number of unemployed persons, at 11.3 million, was also little changed and unemployment has decreased by 522,000 since June, according to the U.S.…

Fiserv Offers Secure Portal Analytics to Banks

Fiserv will offer Guardian Analytics FraudMAP solutions, delivering integrated behavior-based anomaly detection solutions to Fiserv consumer and business banking clients. The agreement provides Fiserv clients with a new option for strengthening layered security and meeting the Federal Financial Institutions Examination Council (FFIEC) expectations for anomaly detection. FraudMAP is widely deployed at leading financial institutions to proactively prevent consumer and commercial fraud. The solution protects against a wide range of account takeover threats including malware, phishing, social engineering, vishing, data breaches, as well as payments fraud. FraudMAP is rapidly deployed and is easy for financial institutions to incorporate into their operations.