Infinite Peripherals Aids Retailer iPad Adoption

Leading mobile point-of-sale (POS) device provider Infinite Peripherals, Inc. (IPC) introduced the Infinea Tab 4 for the iPad with Apple Lightning connector to support retailer mobile POS adoption. The latest MFi-certified device from IPC – which already has more than 250,000 mobile POS devices in use nationwide – is compatible with the Apple iPad 4. With tablet POS adoption rates increasing among retailers of all sizes, the Infinea Tab 4 presents an improved design and even faster scanning capabilities that are in demand to deliver the Apple-inspired in-store customer experience and improved inventory management. The Infinea Tab 4 with Lightning connector adds a 1D or 2D barcode scanner and magnetic stripe reader to an Apple iPad 4 so retail associates can conduct customer checkout from anywhere in the store, eliminating consumer wait times in line. With optional Bluetooth® and RFID readers, the new Infinea Tab 4 completes transactions even faster with a more streamlined handheld unit.

Unemployment Stagnation Persists

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Payroll employment was up 195,000 units in June as the unemployment rate remained at 7.6%. While the number of unemployed persons totaled 11.8 million, those long-term unemployed for 27 weeks or more was essentially unchanged at 4.3 million. These individuals accounted for 36.7 percent of the unemployed. Over the past 12…

Fiserv Announces Latest Processing Platform Client

Fiserv announced that Community Bank – Wheaton/Glen Ellyn selected its DNA account processing platform from Open Solutions, now part of Fiserv, to better serve its 29,000 customers. The $355 million asset bank cited the platform’s tightly integrated complementary solutions, customer-centric architecture and strong business intelligence tools as factors that will help the bank increase efficiency and provide customers with more relevant products. DNA from Fiserv is the first open, relationship-centered core banking platform built for global collaboration. The platform employs a real-time, relational data model designed around the person, not the transaction, so that Community Bank – Wheaton/Glen Ellyn staff can securely view complete profiles of their retail and commercial customers by person, product or account.

HID Global Awarded Gesture-based Access Control Patents

HID Global secure identity solutions announced that the U.S. Patent and Trademark Office granted several patents for the company’s innovation related to gesture-based methods of using three-dimensional (3-D) motion sequences to increase privacy, security and convenience when using RFID-based devices such as smart cards and NFC-enabled smartphones for a broad range of applications. These patent additions strengthen HID Global’s IP portfolio of over 1,000 pending and issued patents and protect the company’s intellectual capital. The invention opens up a new field of gesture-based authentication and is particularly pertinent when incorporated into an NFC-enabled mobile phone. These user-defined, gesture-based passwords can also work in a two-dimensional mode similar to a combination lock, or they can also include 3-D motions such as moving to the left, right, forward and backward.

MasterCard Names VP, Govt Solutions

MasterCard appointed Mohammed Qadadeh VP, Head of Government Services and Solutions (GS&S) in Middle East and North Africa. The announcement is an integral aspect of MasterCard’s ongoing efforts to strengthen its investments in the government sector across Middle East and Africa. Here he will lead the expansion of the company’s government business by leveraging MasterCard capabilities to solve governments’ needs for efficiency, social progress, financial inclusion and overall transparency. Qadadeh held a number of managerial roles in the MasterCard Technologies and Operations division during the past 12 years, where he helped shape technology strategy and vision across various platforms, including the MasterCard Data Warehouse, Global Cardholder Solutions and Rewards, most recently as regional Chief Technology Officer, where he played a key role in driving MasterCard’s technology strategy across Middle East and Africa since 2011, starting with the Africa board’s strategy vision, planning, and execution.

Diebold Nationally Implements Video ATM

Diebold is officially making its Concierge Video Services available to all financial institutions in North America, directly implemented into most Diebold “Opteva” ATMs. Giving consumers the option to initiate video calls to customer service representatives, in order to complete activities not traditionally conducted during ATM transactions, Diebold’s Concierge Video Services offers account maintenance, new account setup and savings product renewals. It was previously piloted by Missoula Federal Credit Union and Mountain America Credit Union.

Spending Monitor Up 4 Points in June

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor rose 4 points to 96.3 in June, its highest point in 2013, following a substantial increase in consumer confidence about the economy. Consumers rated both the economy and their personal finances as more positive in June, and also indicated intentions to spend more over the next…

MoneyGram Expands Presence in Latest Acquisition

MoneyGram has acquired Latino Services funds transfer agent, to increase the number of MoneyGram-owned locations. The move brings MoneyGram closer to its consumers in an effort to meet customers’ evolving funds transfer needs. Prior to the acquisition, MoneyGram operated stores in Miami, Florida, and New York City, New York. The purchase of former non-exclusive agent Latino Services, which sends remittances from the U.S. to Mexico and Latin America, will result in 10 new company-operated stores serving Atlanta customers. The acquisition provides an opportunity for the company to test new strategies in an important market.

Consumer Confidence in mShopping On the Up

A new survey carried out by Parcel2Go has suggested that consumers are becoming increasingly confident about buying products and services using mobile phones and tablets. More than 100 people responded to the snap poll run through the Bolton-based parcel delivery specialist’s Twitter account, with 68 per cent saying they had used a mobile device such as a smartphone or an iPad to make a purchase over the internet. Perhaps unsurprisingly, major online marketplaces including eBay and Amazon were cited by a significant number of people. Just under a third of respondents said they had not made online purchases using a mobile for concerns of security and giving out payment details over a mobile connection.

GE Capital to Provide Phillips 66 Private Label Credit Card Program

GE Capital Retail Bank signed a multi-year agreement with Phillips 66 energy manufacturing to provide private label credit card programs for consumer and commercial customers nationwide. GE Capital Retail Finance will manage the Phillips 66 relationship and service the account, which includes a private label credit card for consumers and a branded business revolving charge card for commercial customers. The branded consumer credit card program, which includes the Phillips 66 Personal Card, Conoco Personal Card and 76 Personal Card, will provide consumer cardholders with benefits and convenience, as well as the opportunity to earn rewards for qualifying fuel purchases made at any of the 8,000 independently owned Phillips 66, Conoco, 76 and Phillips 66 General Aviation locations nationwide.

Rite Aid Deploys Payment Alliance International ATM Program

Payment Alliance International (PAI) electronic payment processing solutions has been selected by Rite Aid Corporation to provide turnkey ATM services for approximately 1,500 Rite Aid locations in the western and southern United States. This new consumer-facing program will provide convenient access to cash for Rite Aid customers across the country. As one of the largest ATM networks in the United States, PAI provides ATM services for over 60,000 retail locations nationwide. The Rite Aid program will offer state-of-the-art, EMV-ready, ATM equipment; domestic and international transaction processing; and distinctive branding opportunities for financial institutions.

NCR Signs New Interactive Video Tech Client

Lake State Credit Union is using interactive video technology from NCR Corporation, including the “NCR APTRA” for remote control of ATMs. Completely self- and assisted-service through three NCR APTRA Interactive Teller ATMs and additional (non-video teller) NCR SelfServ ATMs. The Technology Village office in Duluth will not only serve current and new members with Interactive Teller, but it also will bring Commercial, Mortgage and Consumer services to that area. Lake State is a $184 million institution and the new Duluth office opening mid-August of this year will be its sixth full service office. APTRA Interactive Teller is the only ATM-based technology that not only lets people talk to a live remote teller, but also gives the teller remote control over the machine to conduct transactions. APTRA Interactive Teller can conduct approximately 95 percent of typical teller transactions.