AJB Joins Visa POS Solutions

AJB Software Design integrated payment solutions is a participating Payment Technology Provider in the Visa POS Solutions Program and has validated current versions of its payment processing suite. AJB’s integrated payment solutions are customized based on industry and customer need, and are applicable for an array of sectors. AJB’s payment processing suite consists of the Retail Transaction Switch (RTS) and Flexible Integrated Payment System (FIPay), and enables merchants to quickly deploy new payment innovations. RTS is a robust, multi-purpose transaction switch that scales to meet the high level of performance demanded by North America’s largest and most well-known retailers.

2012 Card Portfolio Take Big Jump

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Leading card industry advisor, R.K. Hammer, just released their report for card portfolio sales last year, showing the industry had $33.1 Billion in closed deals, involving 37 portfolios, and with another $6 Billion in deals pending at year end 2012, scheduled to close early in 2013. These dollar and transaction amounts…

Agilysys Enhances NextVision App Offering

Agilysys announced major enhancements to its NextVision mobile applications suite to NextGateway, NextManager and NextPosition, which were designed to provide store associates mobile access to real-time store and enterprise information. NextGateway is the newest addition to the NextVision software suite that affords Agilysys the opportunity to provide retailers a wide array of value-add systems functionality based on their existing software investments. It runs as a Java virtual machine within the existing store server infrastructure and is a light-weight framework installable on many POS platforms, including Toshiba Global Commerce Solutions (TGCS) 4690, Windows and Linux. NextManager product was enhanced to use the Company’s new gateway framework to implement store reporting, terminal monitoring and manager alerts. NextPosition Version 3T will enable full mobile POS functionality for Toshiba Global Commerce Solutions (TGCS) 4690-based Supermarket Application and ACE applications and will be available in April 2013.

NCR Launches mPOS Optimization Practice

NCR Corporation launched the “NCR Mobile POS Optimization Consulting Services” to help retailers devise and implement mobile POS strategies to drive business results. It will share NCR’s insights and best practices with retailers who are implementing mobile POS strategies and is part of NCR’s innovative Global Consulting Services team. When creating an optimal mobile POS strategy, NCR’s Global Consulting Services team uses a variety of methodologies and techniques, derived from NCR’s strength and experience in retail and cross-industry best practices.

PULSE Promotes New Sales and Account Manager

PULSE debit/ATM network promoted Mike Urquizu Senior VP, Sales and Account Management. Here he will manage and direct the company’s sales and business development activities. Prior to this, Urquizu was responsible for PULSE’s national financial institution sales program and managed a team of PULSE sales executives. Urquizu joined PULSE in 2001 as a sales executive. The move follows the decision of Leah Henderson to transition from her position as PULSE Executive Vice President, Sales and Account Management to a special advisor role also reporting directly to Schneider. He embarked on the industry with Electronic Data System’s Consumer Network Services, responsible for sales of EFT processing and business process outsourcing services in the Midwest region.

Acquirers Shift PCI Compliance Focus

A recent ControlScan and Merchant Acquirers’ Committee (MAC) survey shows over the past year acquirers’ PCI program goals have shifted from a primary focus on risk mitigation to revenue generation. The annual survey by ControlScan, “Risk and Revenue: Second Annual Survey of the Acquirer’s Perspective on Level 4 Merchant PCI Compliance, measures acquirers’ attitudes and objectives surrounding their Level 4 merchant PCI compliance programs. Level 4 merchants process fewer than 20,000 online credit card transactions or fewer than one million face-to-face credit card transactions annually. These merchants are typically small to mid-sized businesses (SMBs) and they represent 98 percent of all U.S. retailers.

Six Degrees Fully PCI DSS Compliant

Six Degrees Group integrated managed data services announced following an official audit its datacentres and security systems are now fully PCI DSS compliant. The confirmation of PCI DSS compliance complements Six Degrees Group’s ISO27001: 2005 certification for information security, which emphasises the Group’s commitment to protecting and securing clients’ data. With this, Six Degrees is now on the approved global Visa Merchant register.

U.S. Bank Launching mNFC Payment App

New U.S. Bank FlexPerks Visa are invited to try a new m-payment service called U.S. Bank “Go Mobile,” which allows customers to securely pay for everyday purchases with a wave of their iPhone 4 or iPhone 4S. U.S. Bank is introducing the service in Beta with FlexPerks Travel Rewards Visa Signature account holders before introducing it more broadly in 2013. For this, U.S. Bank FlexPerks customers who opt-in for the service will receive a customized U.S. Bank Go Mobile iPhone NFC case along with their new card, accepted wherever Visa payWave is deployed. U.S. Bank “Go Mobile” ultimately lets customers pay for purchases with their iPhone with their FlexPerks card, even when they don’t have the card with them.

Fiserv Enhances Post-Trade Processing Functionality

Fiserv financial services has enhanced its TradeFlow post-trade processing, integrating several new industry standard methodologies. The integration will provide functionality to support several new asset classes and transaction types, and will bring improved ease of use and depth of functionality to users. Additionally, because of the integration, all post-trade processes will now be offered through a single solution, which can improve operational efficiency, reduce risk and increase transparency. TradeFlow now includes functionality to support Exchange-Traded Derivative (ETD) Settlements, SWIFT MT515 Confirmation, FX Non-Deliverable Forwards, OTC Notifications and Repurchase and Reverse Repurchase Settlements.

InComm Acquires Giftango, Expands Market Presence

InComm prepaid product and transaction services acquired Giftango digital gifting solutions, expanding its reach into ecommerce gift card sales and distribution through high volume channels. Giftango entered digital gifting by providing turnkey solutions to help merchants sell gift cards from their websites. After identifying needs in the fulfillment, customer service and management of gift cards between leading merchants and their largest gift card purchasing partners, Giftango created solutions specifically designed to streamline these processes. More than 150 brands currently deliver digital gift cards through Giftango’s network of more than 80 partners.

Bluefin Payment Partners VOKAL on mPOS

Bluefin Payment Systems secure, electronic payment services implemented VOKAL Interactive for the deployment of its gateway on the iPhone and the iPad. VOKAL will also serve as a referring partner, presenting Bluefin’s secure payment gateway to their current clients. Bluefin Payment Systems works with integrated software vendors (ISVs) and software as a service (SaaS) companies in a variety of industries to integrate their payment gateway into the software platforms, or offerings, creating an all-in-one solution for vendors’ clients. Bluefin’s gateway is currently accessible via POS devices, virtual terminal, MOTO and through E-commerce, and offering a mobile application will help round out the company’s product suite.

Euronet Worldwide buys Pure Commerce

Euronet Worldwide global electronic payments provider and distributor acquired Pure Commerce cloud-based financial and payment solutions to banks, acquirers and global retailers around the world. Pure Commerce provides a range of currency conversion payment and multi-currency acquiring services for point-of-sale terminals, online applications and ATMs in high foreign card volume locations primarily across Asia Pacific and Europe. This acquisition allows Euronet to offer industry leading currency conversion and multi-currency acquiring products to global, local and online merchant acquirers, banks and retailers, and also extends Euronet’s operating markets. Pure Commerce has developed patented, best-in-class point-of-sale processes and displays that provide consumers with more convenient, transparent transactions.