MN-based Entrust Datacard announced the availability of the Datacard EMV Personalization Validation software that is designed to validate the chip of every EMV card issued on a Datacard MX Series card issuance system.
Security Validation has joined the PCI Security Standards Council as a new Participating Organization. Security Validation is a data security and data privacy advisory firm focused on improving the security posture of hotels across North America.
In 2014 government agencies spent almost $26.4 billion in 2014 through 90 million transactions, mostly with the GSA SmartPay Purchase Card. There are currently over three million government purchase cards in circulation.
Wallet One (W1) international payment system has launched its multi-currency e-wallet via franchising model. The product is available on web interface and mobile applications (both for iOS and Android). It provides country-adapted interface, meets all requirements of the national regulations, and supports all key features of the W1 international payment system. Via the e-wallet users can pay more than 350 local service providers and supports over 100 methods of topping- up the wallet and money withdrawal.
AZ-based 5th Dimension Logistics has added the Card Account Updater feature to its 5th Dimension Payment Gateway. The Account Updater enables merchants to automatically retrieve updated credit card information when consumer’s cards expire while subscribed to a recurring billing plan.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Bridget Bender, Founder and Chairwoman of Velocity Solutions.
Global Risk Technologies (GRT) dynamic risk mitigation announced its end-to-end risk management solutions to European merchants. Helping acquirers and issuers minimize chargebacks, the Global Risk Technologies solution provides highly-scalable and sustainable technology designed for outsourced post-chargeback processing, risk mitigation and merchant education. Sustainable chargeback remediation, Global Risk Technologies’ solution identifies the right target and helps decrease the negative impacts of chargebacks, thereby increasing processing retention and revenues, and helping combat cyber-shoplifting, resulting in sustainable, secure growth. The company aims to free redundant resources dominated by reactive risk management mechanisms and help revolutionize and standardize these processes by providing an end-to-end solution that manages each component in its entirety.
Los Angeles-based Netcom PaySystem has signed a deal with a medium to high risk processor. Netcom wants to provide merchant processing to medium and high risk eCommerce merchants located in the United States, EU, UK, and Canada.
Creditcall EMV-ready payment gateway provider supplied its mPOS payment solution CardEase Mobile to U.S. burgers and fries chain Five Guys. The product, which comprises an mPOS SDK that allows developers to easily add payment functionality to an mPOS offer, is an integral part of a new restaurant queue busting solution for Five Guys in the UK which speeds up customer processing time and also allows for better customer interaction while they are waiting to be served. Staff in 19 Five Guys restaurants are now able to take customers’ orders and mobile payments in the queue via a tablet device that includes Creditcall’s mPOS payment solution CardEase Mobile integrated within Lineten’s NOQU queue busting app.
SEQR has now launched in Portugal and more than 500 stores are already signed to roll out SEQR as a payment method.
American Express is going toe-to-toe with Visa after announcing the opening of a new technology hub in Palo Alto, expanding its presence in Silicon Valley. The new team being assembled will focus on innovations in big data, cloud computing and mobile infrastructure.
India’s Standard Chartered has signed a multi-year agreement with Earthport to offer customers International ACH payments. Global economic activity continues to increase and with the operating environment for businesses becoming more complex and competitive, a key focus for Corporates is to ensure they are able to centralise treasury operations and put in place solutions that offer improved operational efficiencies and allow greater visibility and control over their global payables. The IACH enables efficient execution of scheduled and high-volume cross-border payments like payroll, dividend and other statutory payments. A key benefit includes the ability to make multi-currency payments from a single account without having to maintain local bank accounts. This will also give bank customers access to a wider network of local clearing networks.