Aconite card payment and mobile management is now part of the Smart Card Alliance’s EMV Migration Forum. This independent, cross-industry body was created by the Smart Card Alliance to promote the efficient, timely and effective migration to EMV-enabled cards, devices and terminals in the United States. Aconite has embarked on a major expansion of its activities in the US in order to bring its proven EMV migration solutions to card issuing banks, credit unions and third-party processors. With a background of assisting card issuers around the world make the transition to EMV cards, Aconite is able to offer US customers a compelling mix of easy-to-deploy EMV software, years of experience in the implementation of EMV programs and an in-depth understanding of the world of smart cards and EMV payments.
Mocapay merchant-centric and mobile marketing solution provider launched a token solution mobilization platform that mobilizes any third party service POS payment solution, closing the loop for customer transactions within merchants’ POS platform. Consumers may use their mobile device and select a payment method, loyalty card, or coupon and receive a 6-digit single-use perishable Mocapay code that is delivered to their handset. The interaction between the handset and the Mocapay host provides for a secure and fast delivery of a single use token that acts as a stand-in for sensitive account credentials. The new API simplifies integration into the merchant’s POS or third party service or payment provider without making any change to store or back office operations.
MasterCard announced US Airways has become the first airline in the world to accept MasterCard PayPass-enabled cards and devices for in-flight purchases. Enabled by GuestLogix, US Airways passengers can now buy food, beverages and other services by simply tapping their MasterCard PayPass-enabled card and devices helping to speed up transaction times and provide increased convenience. This is designed to quicken the time it takes to process card payments in-flight and allows passengers to simply tap their PayPass-enabled MasterCard card or device on a PayPass-accepting reader.
Better ATM Services has begun to issue its “myGIFT” card ATM-issued multibrand prepaid card. The “myGIFT” One Card Many Choices Discover Prepaid Card allows consumers to shop at premier, nationally recognized restaurant and retail stores including Macy’s, Lowe’s, Outback Steakhouse, and Bonefish Grill. Cards are redeemable to buy goods and services at specific merchants that accept Discover cards. The “myGIFT” cards will be available at walk-up Banner Federal Credit Union ATMs at eleven select Banner Health ATM locations. The new ATM-dispensed card is made of a thin, durable material allowing cards to easily pass through an ATMs’ cash mechanisms and works like any other prepaid card.
Fiserv financial services technology solutions will be providing exclusive data on the managed investment solutions industry to the Money Management Institute (MMI) and Dover Financial Research. The release of this data represents an industry first and enables industry participants to track key trends within the Separately Managed Account (SMA) and Unified Managed Account (UMA) market segments. The data will help provide insight on product trends that will help wealth management firms better service their clients and grow their wealth advisory businesses. MMI will include the Fiserv data in the 4Q issue of Central, an MMI quarterly publication, and subsequent issues of Central. Through industry advocacy, educational initiatives, regulatory affairs, data reporting and professional networking, MMI supports and advances the growth of advisory solutions.
Foursquare has deployed Cirrus Insight on its AppExchange business apps marketplace, a browser extension for Chrome and Firefox that instantly displays contextual Salesforce information alongside emails in Gmail. This allows Foursquare’s sales team to ultimately view Salesforce contacts, create new leads, and save emails to Salesforce from their Gmail app. Available now, Cirrus Insight enables Foursquare employees to more efficiently focus on their members and partners. Cirrus Insight brings together two leading cloud business apps, Salesforce and Gmail, to boost productivity and results.
USA Technologies wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries, announced it’s expanding mobile payment acceptance to 7,500 vending machines with its NFC-enabled “ePort” technology and “ePort” Connect service. The Isis Mobile Wallet is expected to simplify the shopping and paying experience as consumers make vending machine purchases with a simple tap of their phone. Vending operators just need to install USAT’s NFC-enabled technology and display the type of signage typical for other payment networks.
PayAnywhere mPOS solutions announced Amazon.com online retailer will be selling both its mobile app and the award-winning PayAnywhere credit card reader. These will be fulfilled and shipped directly from Amazon while the PayAnywhere app is available for instant download from the Amazon Appstore. PayAnywhere is the payment industry’s only enterprise grade, mobile point of sale solution suited for any size business and is designed specifically to meet the mobile point of sale needs of real businesses, available for iPad, iPhone, iPod touch, Android and BlackBerry devices. PayAnywhere includes a $10 rebate as reimbursement for a suggested retail price of $9.99. As a special offer for those who buy PayAnywhere from Amazon.com, PayAnywhere is offering $1,000 in free processing within the first 30-days of account activation.
Global Payments and Casio Electronics have been working together on a new Electronic PoS package for small high-street retailers, whom have been traditionally challenged with sourcing the separate components of their PoS solution from a variety of suppliers with hardware, software, PoS installation and support. This partnership allows the smaller merchant to install the EPoS hardware and PIN Entry Devices (PED) all from one source, making installation and training much easier to deliver and monitor on the Casio Android platform VX-100 EPoS terminal. This provides the customer-facing PoS solution, complete with stock control, appointment booking and business management tools within the core software. The Casio VX-100 takes less space on the countertop; create a typical saving of 85% against traditional Windows based EPoS solutions; and provides a built-in easy loading printer, customer display and large 10.4″ touch-screen LCD for the operator.
VeriFone Systems announced that the first U.S. lottery ticket sale at the fuel pump was printed at a Greater Minneapolis area convenience store and gas station in November. That’s because VeriFone and partner Linq3 have implemented “play at the pump” at 9 locations in Minneapolis under auspices of the Minnesota State Lottery. At gas pumps equipped with VeriFone’s payment enabled media solution, PAYMEDIA, consumers can buy quick pick numbers for Powerball and Mega Millions drawings utilizing debit card payments at the same time they fill up their tanks. The terminals secure, PCI- and EMV-compliant payments. Winnings under $600 are automatically deposited to the debit card-linked account and consumers can check purchases on the web and sign up for mobile text notifications.
Capital One Bank has launched Mobile Deposit Capture, allowing customers to make check deposits right from their iPhone or Android smartphones. The new Mobile Deposit Capture tool is seamlessly integrated with Capital One’s existing Remote Deposit service, providing the same level of security, scalability, and functionality, now in a mobile platform. Users just download the Capital One Business Deposits app from the Apple App Store or Google Play, Log in, endorse the check, photograph the front and back of the check and submit the deposit. Checks can be deposited as late as 9:00 PM ET, Monday-Friday, for credit that same day.
Virtual Piggy appointed Joseph Dwyer its Chief Financial Officer. Mr. Dwyer is an experienced software industry executive with over twenty years of experience at the CFO and CAO level for both public and private companies, including OpenLink Financial, Energy Solutions International, Capstone Advisory Group, AXS-One, Synergen and Caminus Corp. Mr. Dwyer brings a high-level of financial and analytical experience as he has helped his companies grow both organically and through M&A activity. He is a CPA and holds a BBA in Accounting from the University of Notre Dame.