CardWeb.com’s CardData database of Company Profiles today features Merchant Link.
MD-based Merchant Link has acquired substantially all of the assets of Canada-based Precidia Technologies.
MN-based Digital River has inked a payments agreement with one-stop travel service provider Ctrip. One of China’s leading travel agents, Ctrip is using the Digital River World Payments solution to process credit cards, including Visa, Mastercard and UnionPay on its Singapore site.
Discover Financial Services is on InformationWeek Elite 100 — a list of the top business technology innovators in the U.S. Discover made the list by developing a new application that provides a fully comprehensive, customer-centric view and supplies account managers with better data and up-to-the-minute information, allowing them to provide superior customer service. Unique among corporate rankings, the InformationWeek Elite 100 spotlights the power of business technology innovation. The InformationWeek Elite 100 research tracks the technology-based investments, strategies, and results of some of the best-known organizations in the country.
SMARTRAC is launching its new NTAG213 product line: BullsEye, Midas and Circus NTAG213 NFC tags come with 144 bytes user memory with password protection, are compatible with NFC Forum Type 2 Tags and ISO/IEC14443 Type A standards and offer UID mirror functionality. BullsEye tags come with etched NFC Forum N-Mark. Sharing their memory structure and feature set, SMARTRAC’s new NTAG213 products will replace the highly successful NTAG203 product range. The industry’s best-known all-purpose NFC tag, the SMARTRAC BullsEye, and its close relatives Midas and Circus are now available with the new NXP NTAG213 chip equipped with 144 bytes user memory with password protection. The new chip also features unique ID (UID) mirror functionality, which enables the IC’s serial number to be mirrored as part of its encoded URL address. SMARTRAC’s BullsEye NTAG213 all purpose NFC tag comes with an etched NFC Forum N-Mark in the tag’s center simplifies the use of the product as it can be placed directly on top of the printed materials providing easy recognition.
Virtual Piggy has enhanced the fraud-detection and control features in its family payment system with comprehensive screening performed by a combination of internal checks and an integration with Kount, a leader in fraud management technology for ecommerce. Virtual Piggy joins Kount’s integrated partners alongside companies such as Chase Paymentech, LexisNexis, and Magento.
Discover has been recognized as one of the country’s top technology innovators by InformationWeek for delivering convenience and choice to customers through flexible options to redeem cash rewards while shopping online. Discover ranked 77 on the 2013 InformationWeek 500 list, which is presented annually and honors leading companies for using innovative technologies to transform how their organizations do business. Discover’s new platform enables Discover customers to simply use some, none, or all of their Discover Cashback Bonus or Miles Rewards to pay for their purchases online at select merchants’ websites.
Braintree TaskRabbit and Uber enhanced its payment platform with additional fraud protection for its merchants that leverages the purchasing behavior across a large network of online and mobile companies. Now all Braintree merchants, from startups to enterprises, benefit from this powerful network effect that shields them from a variety of threats, reducing the risk of fraudulent activity and losses to their business. Braintree creates rules that take into account hundreds of variables across the network for merchants to apply to their business. Braintree goes beyond looking at a customer’s purchase behavior at a single merchant by analyzing purchasing behavior across a large number of merchants. With these insights, Braintree can accurately recognize fraud and take appropriate actions.
MyCheck checkout app that allows you to view your bill live and pay for your check straight from your smartphone announced Version 3.0. Bringing a fresh new layout and interface to the application, users can now log-in to Facebook Connect; take a snapshot of a credit card and automatically populate their account information; log-in to PayPal via MyCheck for an additional payment option; and split the check evenly by percentage, by item, or evenly; and much more. MyCheck is PCI compliant, meeting the industry’s highest standards for protection of consumer information, and integrates seamlessly with Point of Sale systems. No special hardware is required.
Allpoint Network announced that it has joined with Discover Financial Services to provide millions of Discover cardmembers with surcharge-free access to cash through 43,000 Allpoint ATMs in the United States. Allpoint Network is an affiliate of Cardtronics, Inc., the world’s largest retail ATM owner, and its surcharge-free ATMs are conveniently located coast-to-coast, in destination retail outlets including major discount retailers, as well as convenience, grocery and pharmacy stores”places that are already part of people’s daily routines. As America’s largest surcharge-free ATM Network, Allpoint helps more than 1,200 financial services providers, representing more than 60 million cardholders, save time and money when accessing their cash.
The Western Union Company and the International AntiCounterfeiting Coalition (IACC) announced an alliance to help identify and prevent the sale of counterfeit goods through the IACC Payment Processor Portal Program. A collaborative effort between the IACC and the payment industry, the Payment Processor Portal provides a system for intellectual property rights-holders, such as manufacturers of luxury goods, electronics, pharmaceuticals, and consumer products, to report the sale of illegal counterfeit goods. Once the IACC verifies a merchant claim, a third-party monitoring agent alerts affected payment processors, like Western Union, enabling them to take necessary actions. This service will assist Western Union in identifying rogue merchants who sell counterfeit materials and who encourage buyers to send payments using Western Union Money Transfer® services.
MasterCard Worldwide and Kount fraud prevention partnered making MasterCard’s Expert Monitoring Fraud Scoring for Merchants available to Kount merchant customers. MasterCard’s Expert Monitoring Fraud Scoring for Merchants Application Programming Interface (API) improves an online merchant’s ability to detect and prevent fraudulent purchases. With this tool, that leverages the strength of the MasterCard network and data insights, MasterCard provides merchants with a highly accurate predictive fraud score that gives broader insight into card behavior beyond what merchants can see on their own. Kount is the first company to offer the MasterCard Expert Monitoring API to merchants and is integrating the Expert Monitoring fraud score into its advanced merchant fraud prevention platform in order to help e-Commerce merchants minimize the risk of losses resulting from fraudulent online transactions.