Acculynk’s “PayLeap” payment gateway and payments processing solution has introduced a comprehensive suite of developer tools and SDKs to provide simple integration of the service into mobile merchant applications and e-commerce sites. PayLeap now provides a full complement of API developer tools, such as SDK’s for Python, Java, Ruby, .Net and PHP, paired with Java-based wrappers, taking PayLeap’s gateway and service products to the next level in terms of integration simplicity. PayLeap is the only payments processing platform that enables Internet PIN debit, which provides merchants an extra layer of security for debit card transactions, helping reduce fraud and chargebacks for merchants, while offering opportunities for sales lift by enabling the millions of consumers with PIN-only debit cards.
MasterCard announced a multi-year U.S. agreement with IHG (InterContinental Hotels Group) naming MasterCard as the exclusive co-branded card for IHG’s hotel loyalty rewards consumer credit card portfolio. This further strengthens the relationship between IHG and MasterCard that includes a successful Priority Club World MasterCard co-branded card program. IHG’s Priority Club® Rewards is the hotel industry’s fastest growing and largest guest loyalty program, reaching more than 4,500 hotels across seven global IHG brands, including InterContinental® Hotels & Resorts, Hotel Indigo®, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotel & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites® as well as the Holiday Inn Resort® and InterContinental® Alliance Resorts brands in North America.
ControlScan CEO Joan E. Herbig has been elected to the 2013 board of directors for the Women’s Network in Electronic Transactions (W.net) electronic transaction association. Herbig is one of three new directors who have joined the organization to help further its mission to provide a forum that inspires and empowers women in the electronic transactions industry through networking opportunities, mentoring programs and more. Herbig became CEO of Atlanta-based ControlScan in 2007, where she successfully transitioned the company into its present role as an expert provider of PCI and data security solutions for small to mid-sized merchants and the acquirers serving them. Herbig brings with her three years’ experience as CEO of Cambia Security after having served as CEO of mobile device systems management firm XcelleNet.
Vindicia Subscription Billing and WorldPay payments processing, risk and alternative payments, announced a partnership to deliver enhanced payment acceptance capability to Vindicia’s digital eCommerce merchants. The alliance integrates WorldPay’s payment processing capabilities into Vindicia’s billing platform, CashBox, which is specifically designed for the digital industry. As a result, CashBox customers will be able to benefit from expanded international reach, comprehensive support for major merchant cards, and preferred regional networks and payment methods. Vindicia customers will gain access to numerous global payment methods and 115 currencies provided by WorldPay’s worldwide network.
The Visa Board of Directors has elected Robert W. Matschullat its non-executive, independent chair, just as John Swainson’s term as Lead Director will end and will return to chair position Matschullat has been a Visa director since October 2007 and served as both Chairman and interim Chief Executive Officer of The Clorox Company and is currently its Lead Director. He also served on the boards of The Seagram Company Limited, Morgan Stanley & Co. Incorporated and of the McKesson Corporation. Mr. Matschullat currently serves on the board of directors of The Clorox Company and The Walt Disney Company.
Paymetric integrated and secure enterprise payment acceptance solutions has been named a finalist in two categories for the Info Security Products Guide. These global awards recognize security and IT vendors with advanced, ground-breaking products and solutions that are helping set the bar higher for others in all areas of security and technologies. The categories include PCI Compliance for Paymetric’s Data Intercept Solutions for XiSecure™ On-Demand and Security Products and Solutions for Enterprise (Large) for Paymetric’s Data Intercept Solutions for XiSecure™ On-Demand.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] First Data reported its 4Q/12 consolidated revenue was $2.8 billion, up $69 million, or 3%, compared to a year ago, primarily driven by a $55 million increase in debit network fees. Adjusted revenue, which excludes certain items including debit network fees, increased $18 million, or 1%, year-over-year to $1.8 billion. For…
Acumera Trusted Connection Services for convenience stores launched its PCI Audit Support to accelerate PCI compliance audits as part of Acumera’s PCI Tools solution. Acumera’s PCI Tools include automated external vulnerability scans with historical archiving, logging of PCI-related events, dynamically generated site network diagrams and clear identification of non-PCI payment application devices in the cardholder data environment. Acumera has completed its own PCI DSS compliance assessment and obtained an annual report on compliance (ROC), becoming a fully compliant service provider. Coalfire, a Qualified Security Assessor (QSA) firm, successfully completed the testing and controls validation of Acumera as a network and security service provider.
Evolution1 has been selected as a winner in the 7th annual 2013 Paybefore Awards in the Best Benefits Distribution Card Program category. The Evolution1 Card Program for Taft-Hartley Trust Funds was chosen from a record number of entries. It enables union members to have a convenient, consumer-friendly card to access their health reimbursement account (HRA) pre-tax funds to pay for their current health care expenses.
MasterCard and KeyBank announced MasterCard will be the exclusive payment network for a new suite of KeyBank credit card products. KeyBank will launch the MasterCard branded suite of cards this year to further strengthen the strategic relationship between KeyBank and MasterCard that previously included long-standing agreements in debit and ATM. The renewed credit card focus includes the purchase of a $725 million credit card portfolio earlier this year, and the bank’s expanded relationship with MasterCard bolsters its Relationship Rewards program. The “Relationship Rewards” program allows clients to earn points for everyday banking activities, including debit and credit card purchases.
OLO digital commerce engine for restaurants announced a $5 million dollar Series B financing from PayPal and existing investors. OLO allows customers to order and pay from restaurant websites and mobile apps, so that they can Skip the Line at the restaurant of their choosing. OLO transmits the prepaid order directly to the restaurant point-of-sale (POS) system. OLO is committed to serving as an open and independent commerce platform that allows restaurants to choose whichever payment types they would like to accept – a common carrier for digital commerce. OLO accepts all major credit cards, many stored-value cards, and digital wallet providers.
Salt Technology cloud-based mobile payments platform secured $2M in financing from private investors with deep roots in the mobile, financial and payments technology sectors. This will accelerate the development and delivery of the SALT Payment Platform, SALT Personal Payment Profile, and SALT Merchant Services that enable MNOs, financial institutions and merchants to bring branded mobile wallets to market quickly, on any device, and with any payment type. The SALT Payment Platform makes it possible to provide NFC, cloud-based and remote QR code-based payment product. The company also offers Personal Payment Profile for a secure, universal payment credential with credit, debit cards and loyalty cards.