bridgeview Archives • CardFlash® - Payment Card Industry News

Toyota Park Installs the MICROS 9700 HMS Integrated POS

6, Country, Priority, UNITED STATESBy Robert McKinley 06/11/2012

MICROS Systems has won the contract with the Village of Bridgeview and Toyota Park to integrate its MICROS POS solution for fans of the Chicago Fire Soccer Club. Toyota Park is a Chicago-based stadium which hosts a wide array of sporting and entertainment events for the area. The solution includes MICROS 9700 Hospitality Management System (HMS) with 92 Keyboard Workstation 270 (KW270) POS terminals for concession operations, 5 Workstation 5A (WS5A) touchscreen terminals for premium operations, and the MICROS Perpetual Inventory and Event Management Solution for increased control of operations.

Debt Collectors Shutting Down/Cutting Jobs

5, Country, Priority, UNITED STATESBy Robert McKinley 12/17/2008

NCO Group yesterday laid off 175 technical service representatives at its Bridgeview Surrey Canadian call center. The B.C. Government and Service Employees’ Union says workers are entitled to and will receive 60 days paid notice. Meanwhile, Elite Recovery Services of Buffalo, citing cash flow issuers, abruptly shut down late last week putting 73 people out of work. Last month, First American Recovery Services, also of Buffalo, shut down and filed Chapter 11 bankruptcy protection after its lender closed a credit line. In November NCO Group reported that its third quarter net loss soared to $26.5 million, compared to a net loss of $4.6 million for 3Q/07. NCO says all three of its operating divisions: Accounts Receivable Management, Customer Relationship Management and Portfolio Management posted lower revenues for the quarter than anticipated. (CF Library 11/14/08)

CHASE AWARD

5, CANADA, Country, PriorityBy Robert McKinley 12/21/2007

Chase Canada has been awarded the 2007 British Columbia Contact Center
Association (BC CCA) Community Service Award, given its support of
community charities, spirit, caring and enriching the community. The
charities that the bank was recognized for supporting include the United
Way, Surrey Food Bank and public education. Chase Card Services Canada was awarded based on meeting criteria that includes the bank’s community
involvement, fundraising initiatives, volunteer efforts, employee
participation and appropriate letters of commendation from
organizations. The British Columbia Contact Center Association promotes
call center growth throughout the province while JPMorgan Chase provides
banking services and employs more than 1,600 Canadians.

Cash Bail by Credit Card Works in Illinois

5, Country, Priority, UNITED STATESBy Robert McKinley 10/11/2005

The Cook County (Illinois) Board of Commissioners reports that its “Cash Bail by Credit Card” program has generated 582 credit card transactions and more than $1.1 million in the first 101 days of the program. The program will help alleviate the problem of jail overcrowding; leading to significant cost savings for the county. Detainees or their friends or family will be able to use credit cards to pay bail by calling Government Payment Service toll-free, twenty-four hours a day, seven days a week. All major credit cards: Visa, MasterCard, Discover and American Express are accepted. Multiple cards may be used to make a payment if an entire fee cannot be placed on one card. Government Payment Service has more than 900 accounts across the country.

Pipeline Data Processing Adds a New Exec

5, Country, Priority, UNITED STATESBy Robert McKinley 03/01/2005

Atlanta-based Pipeline Data Processing has hired Jeffry Beene, formerly with BPS and Genpass Technologies, as Chief Compliance Officer. In this capacity, Beene will be responsible for all operational risk management functions including security, collection and credit underwriting and brings fifteen years of security experience in the transaction processing industry. Mr. Beene is currently the Vice Chairman of the Electronic Transaction Association’s “ETA” Risk and Fraud Management Committee, and is a founding member of the Merchant Acquirers Committee. Pipeline Data Inc. provides integrated transaction processing services for all major credit cards. The Company offers card processing services in three key areas: wireless mobile payment, e-commerce solutions and retail merchant payment. Pipeline Data currently serves over 15,000 accounts.

National Processing Transaction Volume Up 8%

5, Country, Priority, UNITED STATESBy Robert McKinley 07/18/2003

Louisville-based National Processing reported that revenue for the second quarter was up 1% to $113.6 million and that net income declined 9% for 2Q/03 to $11.1 million. Merchant Card Services processed 1.0 billion transactions for the quarter, an 8% increase over comparable 2002 volume. Merchant Card Services dollar volume processed for the quarter was $42.2 billion, which represented a decrease of 2% from comparable 2002 volume. The dollar volume processed has trailed transaction growth primarily as a result of the Company’s initiative to exit merchant processing for airlines, which have a large average ticket per transaction. NAP says it is increasing its revenue guidance to a range of $435 to $455 million for the year, primarily as the result of the acquisition of Bridgeview Payment Solutions, which should add $10-$12 million of revenue in 2003. For complete details on National Processing’s second quarter performance visit CardData ([www.carddata.com][1]).

[1]: http://www.carddata.com

BPS Acquisition

5, Country, Priority, UNITED STATESBy Robert McKinley 06/09/2003

National Processing Company is acquiring Bridgeview Payment Solutions, Inc. for $32.3 million in cash. BPS processes for 28,000 merchants, generating approximately $1.0 billion in credit card sales volume last year. BPS currently signs 1,500 new merchant accounts per month through a network of ISOs and agents. BPS is owned by Bridgeview Bank and Trust Company, a community bank owned by Bridgeview Bancorp. NPC estimates that the transaction will generate approximately $20 million in annual revenue and will have minimal impact to its earnings for the remainder of 2003.

Hypercom & MSI

5, Country, Priority, UNITED STATESBy Robert McKinley 04/01/2003

NJ-based MSI Merchant Services has signed a one-year contract for 10,000 Hypercom “ICE” card payment terminals. MSI provides services to more than 25,000 businesses in the retail, hospitality and emerging market sectors. In March, NJ-based PayRight Merchant Services also inked a deal for 10,000 payment card terminals from Hypercom. In February, Hannaford Bros, a major Northeast supermarket retailer, agreed to deploy 2,000 “ICE 5500M” terminals with the “HyperSafe” operating system in more than 100 of its multi-lane stores. In January, Hypercom announced that footwear specialist Genesco is rolling out Hypercom’s “ICE” card payment technology and terminals to its more than 975 U.S. retail locations by mid-year. And, last month, Bridgeview Payment Solutions, which provides services for more than 27,000 merchants nationwide, signed a contract with Hypercom’s Golden Eagle Leasing unit to offer payment terminal leases. Hypercom maintains an installed base of more than five million terminals in over 100 countries. (CF Library 1/14/03; 2/24/03; 3/5/03; 3/19/03)

Global eTelecom

5, Country, Priority, UNITED STATESBy Robert McKinley 03/24/2003

Bridgeview Payment Solutions has inked an agreement to provide Global eTelecom’s electronic check conversion processing engine to its clients. Global eTelecom is an active member of NACHA’s Electronic Check Council and holds many patents for electronic check services. Bridgeview, with corporate offices in Chicago and Tampa, provides credit card processing services for more than 28,000 merchants nationwide.

HyperSafe Deal

5, Country, Priority, UNITED STATESBy Robert McKinley 03/19/2003

NJ-based PayRight Merchant Services has inked a deal for 10,000 payment card terminals from Hypercom. Under the one-year, multi-million dollar contract, PayRight will begin to immediately roll out terminals using the “HyperSafe” operating system security.PayRight Merchant Services, LLC, based in Haledon, NJ, is a registered ISO/MSP of JP Morgan Chase. In February, Hannaford Bros, a major Northeast supermarket retailer, agreed to deploy 2,000 “ICE 5500M” terminals with the “HyperSafe” operating system in more than 100 of its multi-lane stores. In January, Hypercom announced that footwear specialist Genesco is rolling out Hypercom’s “ICE” card payment technology and terminals to its more than 975 U.S. retail locations by mid-year. And, earlier this month, Bridgeview Payment Solutions, which provides services for more than 27,000 merchants nationwide, signed a contract with Hypercom’s Golden Eagle Leasing unit to offer payment terminal leases. Hypercom maintains an installed base of more than five million terminals in over 100 countries. (CF Library 1/14/03; 2/24/03; 3/5/03)

Hypercom & Bridgeview

5, Country, Priority, UNITED STATESBy Robert McKinley 03/05/2003

Bridgeview Bank & Trust and its Bridgeview Payment Solutions subsidiary, which provides services for more than 27,000 merchants nationwide, have signed a contract with Hypercom’s Golden Eagle Leasing unit to offer payment terminal leases. Bridgeview Payment Solutions is well known nationally as one of the top merchant bankcard processors in the U.S.Â BPS has been processing credit card transactions as a subsidiary of Bridgeview Bank & Trust since 1993 and provides services for more than 27,000 merchants nationwide.

Concord Signs Chicago B&T

5, Country, Priority, UNITED STATESBy Robert McKinley 07/30/1999

Chicagoland Bridgeview Bank & Trust has selected Concord EFS, Inc. to provide processing services for their merchant acquirer business beginning early next year. The exclusive multi-year processing agreement calls for Concord to provide accounting, settlement and reporting services for over 14,000 Bridgeview B&T merchant clients. Historically, Concord has marketed back-end processing services directly to merchants, or via an agent bank program offered through its own merchant bank, EFS National Bank. The agreement with Bridgeview signals a new focus on providing processing services to large principal merchant banks as well as smaller agent banks. Bridgeview B&T is adding new merchants at a rate of 600-800 per month.

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