PAETEC Rolls Out Network Managed IDPS

Telecom provide PAETEC has introduced its managed network “Intrusion
Detection and Prevention System.” “IDPS” utilizes deep-packet inspection
through a combination of a signature-based Intrusion Prevention Sensor
(IPS) and a centrally
monitored Intrusion Detection System (IDS). By combining the monitoring
and detecting components of IDS with the reactive, zero-hour components
of IPS, PAETEC’s new offering represents one of the most robust
intrusion protection services available. If a potentially negative event
is detected, the intrusion prevention sensor and the event correlation
engine determine the threat level of the event and act accordingly
within a 99.9999% SLA guarding against false positives.
Furthermore, since IDPS resides within PAETEC’s MPLS network, there is
no need for on-site equipment installation or upgrades and the product
protects all sites on the network. PAETEC offers a comprehensive suite
of IP, voice, data, and Internet services, as well as enterprise
communicationsmanagement software, network security solutions, CPE, and
managed services.

EAZYPAY

Citigroup credit cardholders can now select Citi’s “EazyPay” installment service when they purchase goods from BeliBarang.com, one of Indonesia’s leading online stores.
EazyPay for BeliBarang.com is the first in the market to offer the installment payment option for Citi credit cardholders. Citi is a leading global financial services company with approximately 200 million customer accounts and does business in more than 140 countries.

GUESTLOGIX

GuestLogix has launched OnTouch Concierge Everywhere. Passengers who register using an airline’s website, an airport kiosk, the in-flight entertainment system or the cabin crew’s point-of-sale (POS) handhelds from GuestLogix, will receive valuable destination-focused information and services, targeted by travel dates, to make the most of their trip, including their return home. The service is provisioned by SMS or web access using a mobile phone and in the future via concierge desks at popular hotels and airports.
OnTouch Concierge Everywhere works like a “hotel concierge on steroids”. It’s a simple and easy way to unique local information and the help needed to enjoy a trip to the fullest based on individual preferences. Travelers provide their mobile phone number to receive date-specific local information; airline communications and offers; recommended restaurants, transportation service providers, bars/clubs; and special offers and targeted promotions involving coupons. Customers can book tickets for shows, call a local taxi and secure a dinner reservation at a popular restaurant — all on the move at destination.
The unique mobile service generates income for the carrier by allowing passengers to directly purchase products and services and delivering highly targeted, mobile-based advertising through text messages, e-coupons and advertising links. Through deployment with a European travel tour operator, OnTouch Concierge Everywhere featuring an essential destination guide from Mobiletrails, UK has proven to be very successful both at developing ancillary revenues and increasing guest customer satisfaction levels. Within the coming months, trials of the service powered by Travel Buddy(TM) technology from Mobiletrails will begin with a number of U.S. airlines. The destination guide is supported by Mobiletrails’ researchers who continuously review and update local listings and recommendations. GuestLogix will be adding more functionality through partnerships to rapidly expand its concierge offering to include personal itinerary management, city navigation, travel reservations, and more.

PayPalX, Sun Microsystems, Embarkons Sponsor Funding Conference

PayPalX, Sun Microsystems, Cooley Godward Kronish, VentureBeat, OStatic,
Cloudbook, TechZulu, SemnaticSeed, and SSVNetwork are sponsoring a
special 1/2 day conference on Friday March 19 at the Sun Microsystems Campus in Menlo Park, CA., focused on
bringing together industry leaders to discuss
new approaches to obtaining funding for developers of applications.
Peer financing for developers has over fifteen speakers who will give a
roadmap of how to find the first $25,000 in financing; analyze available
alternatives to traditional funding and examine the future of peer
financing. Entrepreneurs, startups, developers, attorneys, investment professionals
and bankers will hear how funding is being revolutionized by new
technologies and new ideas.

ELEPHANT TALK & VALIDSOFT

Telecomm provider Elephant Talk Communications has completed the acquisition of card fraud solution provider ValidSoft.
Designed for both cross-border and domestic card present fraud, covering
both Point-of-Sale and ATM devices, VALid-POS works by correlating the
proximity of a customer’s cell phone to the location of the actual
transaction; anywhere in the world without tracking the individual, like
the way GPS based products perform. ValidSoft’s patent pending solution
not only reduces false-positive card declines (situations where
legitimate credit card transactions are denied) by as much as 95%, it
also detects fraudulent transactions in real-time. VALid-POS automated
solution is invisible to the card user and takes less than half a second
to advise the bank. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings.

PAYPAL & CUP

PayPal has announced that China UnionPay (CUP) card members will be able to use PayPal to shop online. CUP card members will be able to use PayPal in the third quarter of 2010. This gives merchants the opportunity to spend the coming months preparing their Web stores for Chinese consumers, including adding Chinese translation and fast, cost effective shipping methods. China UnionPay is the national bankcard association in China. As the pivotal role of China’s bankcard industry, China UnionPay is responsible for operating unified inter-bank clearing and settlement system in China and developing the international acceptance network for CUP card. As of now, CUP card international acceptance network has been extended to 90 countries and regions. Over 10 of them, including Japan, Korea, Singapore, Russia, Mongolia etc, have issued CUP card.

Plastic Jungle Raises $7.4 Million in Financing

Internet based gift card exchange Plastic Jungle has raised a total of
$7.4 million in its Series B financing. New investor Redpoint Ventures
led the round and previous investors Shasta Ventures, First Round
Capital and Bay Partners, as well as other existing investors also
participated. Following their Series A funding in 1Q/09, Plastic
Jungle assembled a
management team with deep experience in online marketplaces (eBay),
online payments (PayPal), and gift cards (Blackhawk Network). Plastic Jungle
will use the funding to bring liquidity to
the estimated $30 billion economy in unredeemed gift card cards for the
benefit of consumers, retailers and other e-commerce companies.
Plastic Jungle previously secured $6 million in Series A funding,
bringing its total equity funding to $13.4 million. The Series B
financing was completed at an increased valuation over the prior round,
which occurred in March 2009. Plastic Jungle’s exchange makes it easy
for consumers to get the most
value out of gift cards, allowing users to get cash for unwanted gift
cards for up to 92% of the unused balance and buy gift cards at up to a
30% discount.

Trustwave Introduces Integrated Managed Security Portal

Trustwave information security and compliance has made available its new portal that integrates all customer compliance and security solutions into a single dashboard. Trustwave’s Managed Security Portal provides clients a unified view of their security posture, integrating Trustwave’s compliance, managed security and product support services. Data from these services is consolidated within the portal to provide customers with a snapshot of their security posture. Searches and reports include information across all of these technologies, throughout a customer’s entire infrastructure. The new Managed Security Portal allows clients to view, create, and manage support requests with Trustwave’s Security Operations Center (SOC).

Global Payments & CityCenter Offer Cash Advance Service

Global Payments payment processing and cash access services has signed contracts between its Gaming Services division and CityCenter Land, providing ARIA Resort and Casino with its “PlayerCash” payment card cash advance service. Using the VIP LightSpeed PC-based platform, the service provides cash access services for traditional and electronic check cashing, ATM check cashing, and credit and debit card cash advances. Global Payments electronic transaction processing services offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery including electronic check services.

Infinite Peripherals Releases New Mobile POS

IPC has rolled out the “Line-a-pro”, new mobile POS device that features a barcode scanner and magnetic stripe reader that harnesses the power and portability of Apple’s iPod touch.
Line-a-pro is designed to allow any retail business to benefit from the ease-of-use, convenience and efficiency this handheld system offers, in addition to maximizing valuable floor space by eliminating POS counters and traditional cash register purchases. Beyond POS, the flexible Line-a-pro can interact with software written for other applications and industries, including inventory management, asset tracking, ID verification, lead tracking, inspection/work flow, dispatch, time/labor and lab and healthcare. IPC is pursuing other capabilities as well, such as support for Apple’s iPhone. Accompanying the Line-a-Pro are software development resources and tools so customers can program the scanner and reader functions into their own software application, and thereby extend its versatility. IPC also has partnerships with several development companies who can write applications for the Line-a-pro.

MasterCard Launches Arnold Palmer Invitational Prepaid Card

The Arnold Palmer Invitational Presented by MasterCard (March 22-28, 2010) and MasterCard Worldwide have made available “The Arnold Palmer Invitational Presented by MasterCard” Prepaid MasterCard Business Gift cards, created exclusively for the tournament. Created in partnership with Springbok Services, the card design features the Arnold Palmer signature and umbrella logo and can be provided to tournament guests to make purchases anywhere on the tournament grounds. Cards can be preloaded with dollar amounts ranging from $20 to $1,000 and ordered via www.arnoldpalmerinvitational.com. After the tournament, remaining card balances can be used for purchases online, in stores or anywhere Debit MasterCard is accepted.
For each card ordered, The Arnold Palmer Invitational Presented by MasterCard will donate $1.00 to the Arnold Palmer Medical Center. Prepaid MasterCard cardholders also have access to significant merchant-funded discounts and special offers from more than 25,000 merchants across the U.S. through MasterCard Savings, a merchant-funded rewards program.