NCR Keeps Momentum, Posts 4Q/12 Revenue Up 3% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NCR Corporation posted a 4Q/12 revenue of $1.64 billion, up 3% from 4Q/11 ad non-GAAP income from continuing operations of $181 million, compared to the year ago figure of $173 million. NCR’s Financial Services segment generated fourth quarter revenue of $912 million compared to $908 million in the fourth quarter of…

PCI Security Standards Council Establishes Guidelines

The PCI Security Standards Council (PCI SSC) Participating Organizations selected cloud computing as a key area to address via the SIG process. More than 100 global organizations representing banks, merchants, security assessors and technology vendors collaborated on this guidance designed to help companies identify and address the security challenges for different cloud architectures and models, and understand their PCI DSS responsibilities when implementing these solutions. The PCI DSS Cloud Computing Guidelines Information Supplement builds on the work of the 2011 Virtualization SIG, while leveraging other industry standards to provide guidance on Cloud Overview, PCI DSS Considerations and PCI DSS Compliance Challenges, along with Additional Security Considerations.

Discover Spending Monitor Stays Flat M/M

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor dropped a third of a point from 91.1 to 90.8 in January, as more consumers plan to increase spending on gas and groceries and home improvement purchases. This as consumers who expect the U.S. economy to improve declined by 1 percentage point to 31% and those…

Acculynk Payment Gateway Partners Spindle

PayLeap, Acculynk’s payment gateway and payments processing solution, signed a strategic agreement with Spindle mobile payments solutions. With this, they will integrate their respective platforms to better serve the global mobile commerce market. The PayLeap payment platform provides multi-functional gateway, acquiring and card processing services for e-commerce, face-to-face, recurring, and online bill payments. Catering to merchants, resellers, and developers, PayLeap provides a secure, single-source solution which includes fraud management, tokenized cardholder data vault, secure checkout with LeapLock, plus developer friendly tools and mobile payment capabilities.

Western Union Inks Three-Year Agreement with Walmart

Western Union global payment services, announced a three-year renewal agreement with Walmart Canada, whereby more than 330 Walmart locations will continue to offer its money transfer services. Western Union moves money in minutes to consumers in more than 200 countries and territories worldwide. Consumers can access Western Union services through multiple touch points, including local retail stores, www.westernunion.com, banks, and their mobile phones. Western Union services connect people and businesses with each other around the world.

hyperWALLET Integrates Prepaid Cards on Apple App

hyperWALLET announced integration of its prepaid card products and services with Apple “Passbook,” a feature of Apple’s iOS6. The Apple application supports virtual tickets, boarding passes, coupons and more. hyperWALLET is the winner of the Best in Category for Prepaid Incentive, Reward, Rebate and Loyalty Program at the 2012 Paybefore Awards and will launch its prepaid card Apple “Passbook” service by 2H/13.

Fiserv Posts Strong Performance in FY & 4Q/12

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv financial services technology posted a 4Q/12 revenue of $1.16 billion and adjusted revenue of $1.08 billion. For all of 2012, revenue was $4.48 billion compared with $4.34 billion in 2011 while adjusted revenue was $4.20 billion, up 3% on $4.07 billion in 2011. Adjusted earnings per share from continuing operations…

CreditCall Joins MasterCard, PayPal and Intuit on mPayment

The CreditCall CEO will join payment industry CEOs to discuss mobile commerce and the market opportunities and challenges for mobile payment acceptance apps at Apps World North America. The mobile payments track includes two panels involving representatives from Verizon, MasterCard, Intuit and PayPal. They will discuss how mobile is transforming the U.S. retail industry and look into market opportunities and challengers for payment acceptance apps. Over 5000 developers, telcos, device manufacturers and industry professionals will participate on nine targeted workshops to discuss and learn about the issues across the app ecosystem.

Viableware Establishes mWallet Strategy

Viableware formalized its m-wallet strategy involving the leading companies in the mobile payments industry. Viableware demonstrated it’s the platform of choice for payment providers looking to support mobile wallet payments at full-service restaurants around the country. A number of full-service restaurants are currently piloting Viableware’s RAIL payment platform in an effort to securely accept payments at the table. The platform utilizes a fleet of handheld devices designed to replicate the look and feel of the typical leather folder that is the industry standard for bill presentation at full-service restaurants.

MasterCard to Host Global Payments Symposium

MasterCard announced the MasterCard Mobile Payments Global Symposium, offering dialogue on NFC, mobile money and the future of payments. The Symposium is the showpiece mobile payments event within Mobile World Congress (MWC) 2013, the world’s largest mobile conference and exposition. The Mobile Payments Global Symposium agenda will consist of five regional spotlight panel sessions, each exploring evolving trends and key topics related to the future of payments. This includes Mobile payments and driving financial inclusion; creating shopping experiences with a click, tap or touch of a connected device; The role of mobile technology in moving toward a world beyond cash; Mobile money and NFC.

No Improvement on the Job Front

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total payroll employment was up 157,000 in January as the unemployment rate increased marginally to 12.3 million for a 7.9% national rate. This after a 155,000 increase in December, when the unemployment rate was 7.8%, or 12.2 million unemployed persons. Those jobless 27 weeks or more was, however, gained some positive…

MoneyGram Offers Remittance Through BP Franchise

ampm, BP’s popular West Coast convenience store franchise, agreed to offer MoneyGram’s full suite of consumer products at participating ampm locations in the Western United States, the companies announced. With this, BP is promoting MoneyGram’s money transfer services, bill payments, money orders and prepaid cards to its network of more than 950 ampm franchises throughout Arizona, California, Nevada, Oregon and Washington.