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.
Virtual Piggy will provide its youth-friendly payment system to Claire’s Stores, Inc. Virtual Piggy allows parents to set up a monthly allowance for their children and promotes financial management while empowering youth under 21 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. Claire’s is a world-leading retailer of jewelry and accessories for young women, teens, tweens and girls.
mobeam has hired John Hennessy Senior VP, business development, most recently former Senior VP, Sales and Marketing for Locus Traxx. Here he managed sales and marketing teams for produce, perishable foods and shipping industries. Hennessy was also VP, Sales and Marketing for Concept Shopping, where he helped companies sell their items more efficiently by selecting offers for shoppers based on their prior purchases and Senior VP, Sales at Information Resources for eight years.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] With consumer confidence at a fever pitch, and card rates showing small signs of relief, conditions are ideal for holiday shoppers this season. This is apparent with U.S. credit card delinquencies for the first time in a year having increased, although late payments have remained well below the 3% average on…
mobeam announced its addition of John Hennessy Senior VP to oversee business development. Mobeam’s technology makes digital coupons and other content presented on a mobile device universally scannable by every POS system. Hennessy was formerly Senior Vice President of Sales and Marketing for Locus Traxx, where he managed sales and marketing teams for produce, perishable foods and shipping industries. He also directed projects with growers/shippers, transportation providers, wholesalers and retailers. He holds a BA in Communications from the Loyola University of Chicago.
Fiserv financial services technology solutions appointed Chris Flink to its Board of Directors. Flink, a partner at the innovation and design firm IDEO, where he has been for 15 years, and a consulting associate professor at Stanford University, has also held a variety of roles. This includes overseeing the firm’s Consumer Experience Design practice to co-founding its New York office. He has led diverse programs in collaboration with clients that include some of the world’s most recognizable brands. He currently leads key client relationships, guiding portfolios of innovation projects in retail, education and consumer products.
Online Resources Corporation financial technology services announced that Wings Financial Credit Union will implement its Architect Banking solution and bill payment services. Wings Financial was founded in 1938 to serve employees of Northwest Airlines. It now serves air transportation employees nationwide as well as residents of the Minneapolis/St. Paul and Seattle/Tacoma metropolitan areas. This allows Wings Financial to seamlessly integrate other best-of-breed technologies into their banking solution to expand their service offering. Moreover, the advanced functionality for services such as online account opening, personal financial management, one-to-one marketing and social media integration, Wings Financial’s members will have access to a superior digital banking experience within a single, extensible platform.
Pay.On AG is expanding its technical infrastructure to include the ability to now process point-of-sale transactions in addition to e-commerce in an environment that is PCI-DSS-certified, and as such, is compliant with all applicable regulations. Payment service providers worldwide gain easy access to fully-functional, market-tested mobile point-of-sale solutions, and as such, the opportunity to professionally position themselves for the market’s current transition to paying via tablets and smartphones in the POS segment. PAY.ON is providing both the smooth operations that meet all regulatory requirements as well as worldwide transaction processing within the international payment network. In this context, white label solutions are used to guarantee the client’s independence in its communication with the retailers it serves. PAY.ON is already cooperating with countless acquirers and hardware manufacturers for the roll-out.
PointsPay mwallet/mpayment solution was launched in October in conjunction with Etihad Airways, converting virtual currency such as miles and points into over 150 global currencies for use as payment at over 30 million merchants worldwide. PointsPay shows a rapid upswing of user adoption with 2.6% of the active program members registered; 148,000,000 points loaded (growing at 47% monthly); 3,400 prepaid cards issued; 24% of transactions carried out at merchants in store; and 83% of members remain with a positive points account balance after a transaction PointsPay was used at over 1,200 different merchants worldwide in 62 countries.