The retail industry suffers from pervasive web application weaknesses from legacy software systems which are soft targets for attackers once inside a company’s network. Also, the most sophisticated point-of-sale malware ever seen to date is now lurking in retailers systems waiting to launch.
San Diego-based Ecwid has collaborated with Square to offer retailers the ability to sell anywhere online and keep all channels in sync. Ecwid is available directly or through trusted partners and has over 900,000 registered merchants in 175 countries with support for 45 languages.
The NFC Forum has published one new and three candidate technical specifications. The specifications deliver new capabilities that support improved RF communication, new and legacy tag support, NFC-V technology and Active Communication Mode.
NBD Bank and MasterCard and NDB Bank have inked a partnership to bring the MasterCard Purchase Control solution to Sri Lanka. Offering a simple, effective and secure means of controlling spending, reducing operational costs, and enforcing compliance with corporate policy, the solution marks a revolutionary change to the manner in which commercial transactions are conducted in Sri Lanka.
As payment networks mull facilitating transactions from automobiles there are security concerns now being aggressively addressed. Giesecke & Devrient and IBM are teaming up to work on a new connected vehicle security solution with the intent to make car hacks much more difficult in the future.
Jack Henry’s ProfitStars division has introduced a new platform that enables financial institutions to provide custom online payment and donation services for business customers.
The Accenture Mobile Wallet platform has been cited in the “Ovum Decision Matrix: Selecting a White-label Mobile Wallet Platform,” scoring the highest overall technology assessment ranking in the report.
ACI Worldwide inked a strategic partnership with LD Systems, an international provider of ATMs, financial equipment and technology services. This partnership will enable LD Systems’ clients to offer quick, easy and safe bill pay options at kiosks across the USA.
Frankfurt-based IRIS Analytics and Société d’Exploitation de Réseaux et de Services Sécurisés (SER2S) is deploying a crucial network-based transaction scoring system that tightens security for more than 75% of French payment cards.
Bolt On Solutions launched its Bolt POS POS solution, designed to exceed existing functionality and user experience standards established for traditional and cloud based POS and tablet cash register solutions. it offers integrated payments, inventory Management , customer database and a gift card program. Bolt POS installations include the Bolt POS application, the selected hardware package and a web-based cash register management portal.
The MoneyGram Command Center is the first of its kind in the industry, offering insight into customer needs and market dynamics by monitoring and analyzing online comments in real time. The command center is an important step toward achieving MoneyGram’s vision of providing consumers with innovative options for moving money. Earlier this year, MoneyGram announced its goal to generate 15% to 20% of money transfer revenue from self-service channels in 2017. To reach this objective, the company will expand self-service to more markets, implement user enhancements, improve back-end processes and market more aggressively in self-service channels. The new command center will support these initiatives as more consumers turn to online, kiosk, and other self-service options.
First Data Corporation today announced that Grupo Unicomer, a leading retailer of furniture, appliances and electronics in Central America, South America and the Caribbean, will use VisionPLUS® Flex as their core processing system for all their retail brands in the 19 countries in which they operate.