SecureKey Technologies announced the commercial availability of its cloud-based briidge.net identity and authentication platform allowing people to use devices and credentials they already have to perform strong two-factor authentication, bringing trust to mobile and online transactions. The briidge.net suite of extended enterprise federated authentication services is easy for people to use and reduces the number of user IDs and passwords they manage, without sacrificing security and privacy. The “Enterprise Service” is designed for financial institutions, government, healthcare providers, mobile network operators and other extended enterprises seeking to improve the security of their existing credentials with multi-factor authentication for accessing their online and mobile applications. Meanwhile, the “Exchange Service” is based on a three-party model of users, credential providers, and credential subscribers and allows authentication and identity information to be exchanged between credential providers and subscribers, while maintaining user privacy and control.
Sightline Interactive of Sightline Payments won Casino Journal’s 16th Annual Platinum Award for the Most Innovative Gaming Technology Product of the Year. Determined by three independent veterans of the gaming industry, this recognizes the most innovative technology offerings in the gaming industry and is considered the most prestigious honor bestowed on gaming products and services. The SIghtline “Loyalty Card Plus” general purpose reloadable prepaid card program specifically designed for the gaming industry allows operators to customize their prepaid program to work in conjunction with their existing loyalty card program, creating a safe, secure and responsible way to enhance their patrons’ gaming entertainment experience while at the same time dramatically reducing their dependence on cash.
Datacard Group secure ID and card personalization announced enhanced features to its “MX Series” Platform for central card issuance programs. The “MX2100” and “MX6100” card issuance systems offers true field modularity, giving card issuers the flexibility to start with functionality and capacity as their business needs expand or system requirements change. The two new MX6100 and MX2100 systems are in addition to the MX1100 entry point product. The MX2100 and MX6100 card issuance systems include advancements to both physical and logical security features, workload efficiency, and more streamlined smart card handling with an innovative quality assurance module.
VerifyValid web-based payment enablement and fraud prevention company launched its CheckItOut “Beta” check payment platform, which costs organizations only the cost of a check, a flat 50 cents, per transaction. The CheckItOut “Beta” platform allows any large or small business, public sector entity, utility (electric company, solid waste disposal service, etc.) or not-for-profit organization can accept check-based payments from their customers via a simple web interface, which takes only seconds to activate. VerifyValid users can launch a instant web-based payment interface allowing their customers to pay them via the Internet without the cost and complexity of merchant accounts or credit card interchange fees.
BitPay payment processor for bitcoin processed over $2 million during the first 25 days in March, with a transaction pace accelerating at over 3,600 completed transactions this month. With this, the company also announces that it has lowered its processing fees for all merchants to 0.99%, including settlement in any local currency that BitPay supports. This allows merchants to accept payment over the bitcoin peer-to-peer payment network, and either keep the bitcoins or receive their local currency such as dollars or euros. Settlements to local currencies are made with a guaranteed exchange rate locked at the point of sale for no additional fee. BitPay currently has over 4,000 merchants using its platform to accept payments over the peer-to-peer payment network, and BitPay is acquiring new merchants at a rate of 1,000 new merchants per month.
NCR Corporation launched its “Aloha Mobile” extension of its Table Service POS software, letting restaurants deploy mobile technology for tableside ordering and payment. This allows for an increase in speed of service and order accuracy, thereby improving guest satisfaction while boosting sales and profits. The user interface for Aloha Mobile mirrors the well-known UI of the Aloha POS software and makes it fast and easy for restaurants to train servers and have them start taking tableside orders and payments immediately and very efficiently. Aloha Mobile provides servers this capability across many mobile hardware platforms, including the latest generation of NCR Orderman devices as well as Apple® iOS devices like the iPad®, iPad Mini®, iPhone® and iPod touch®. Aloha Mobile offers a secure PA-DSS validated solution that works without any changes to a restaurant’s existing credit card processing.
Western Union global payment services from its Payments Money Mindset Index showed a growing consumer preference for online and mobile bill payments continues to grow as 39% of consumers will pay more bills online in 2013, and 12 percent intending to pay more bills by mobile phone. Meanwhile, 14% will make an urgent payment via their mobile device in the next six months and 25% will send fewer checks in the mail to pay their bills. Additional Western Union findings show 46.5% of bills are paid via a biller, bank or credit union website; 20.2% paid via mail; 19.6% are paid via an automatic deduction or recurring payment; 8.7% are paid in-person; 3% are paid via a landline phone and 2% are paid via mobile phone.
Flint Mobile mobile payments partnered Fidano merchant service providers. Facilitating on-the-go businesses to accept credit card payments and to maximize customer engagement, Flint provides a unique, frictionless solution for mobile small businesses by eliminating the need for extra card reader hardware or reliance on consumer adoption of a proprietary mobile wallet. NXGEN International processes over $5 billion in transaction volume per year and is partnering with Flint to drive growth in the untapped market segment of mobile non-countertop businesses. NXGEN integrates technology and personal service together with smart analytics and social media tools to create products designed to help merchants grow their business. Users can securely scan just the main number off the card instead of using a physical swiper or capturing a full image of the card on an end-to-end payment service provider platform to enable easy online merchaant on-boarding in minutes.
Bluepoint Solutions announced Smart Financial Credit Union selected its “ImagePoint” check capture, electronic cashletter processing and check archive solution. Smart Financial Credit Union selected Bluepoint’s ImagePoint Branch, Hub, and Archive solutions after an extensive search. ImagePoint is to provide a complete end-to-end check capture, processing, and archive solution for the credit union that simplifies workflows, improves research capabilities and lowers processing costs.
TSYS announced that Keith Pierce, group executive of Commercial Services, has received the Most Influential Executive award at the CPI Global Awards for Excellence in Commercial Cards & Payments. Pierce was one of nine finalists for the award, which this year honors three exceptional professionals in the commercial payments industry. Pierce is responsible for the overall strategic direction and profitability of the commercial business at TSYS and has oversight of client relations, day-to-day operations, financial performance and business strategy.
FIS banking and payments technology launched its pilot of its Cardless Cash Access solution by Wintrust Financial Corporation. The FIS Mobile Wallet platform allows users to withdraw cash from ATMs using just a smartphone. The Cardless Cash Access solution securely authenticates a user on their smartphone and scans the QR code provided on the ATM screen and selects the account and amount of the withdrawal directly on their smartphone. The solution delivers an e-receipt to the smartphone app after cash is dispensed from the ATM. The FIS Cardless Cash Access solution utilizes the security within the user app authentication process and registration of the FIS Mobile Wallet app on the smartphone, eliminating card skimming risk and fraud incidents for banks and their customers.
VerifyValid web-based payment enablement and fraud prevention company launched its CheckItOut “Beta,” an all-new check payment platform, which costs organizations only the cost of a check, a flat 50 cents, per transaction. By maintaining a check as digital element and requiring no additional equipment for processing checks, VerifyValid only requires a .50 cent fee for the transaction ensuring the payments stay within the organization, and not into the marketplace. Through a simple to use web interface, a VerifyValid user can launch a instant web-based payment interface allowing their customers to pay them via the Internet without the cost and complexity of merchant accounts or credit card interchange fees.