FreedomPay has formally released its “Encrypted Magnetic Stripe Reader” (eMSR) and “CardSafe” products to help retailers fight credit card hackers and data thieves. The “eMSR” solution is a secure set of hardware and services that encrypts cardholder information at the POS, allowing no visable data through components, networks nor interfaces required to settle a credit card transaction. Meanwhile, “CardSafe” tokenization of cardholder information enables the secure storage of credit card information for enterprises that have members, subscribers, and repeat customers to support âaccount on fileâ storage of cardholder data for easy retrieval.
Capital One Bank has launched its “EndangeredSavers.com” interactive Web site for people seeking money-saving tips and strategies (www.endangeredsavers.com). Offering easy-to-use online tools that can be shared with their entire network of friends and family, “EndangeredSavers.com” encourages responsible savings with such features as the “Saver Quiz” to determine the users’ classification as a ‘High Roller,’ a ‘Cost Cruncher’ or a ‘Cash Coach’ based on their feelings and behaviors towards money in everyday life situations. Additionally, the site offers ‘Sound Advice’ from personal finance experts on topics ranging from saving for a first home to creative ideas for dating on a budget; “Vital $tats” providing statistics on American’s financial habits may surprise people; and “Endangered Savers” videos, challenging consumers to a series of money-related obstacles and trivia. As added incentive to keep saving, Capital One Bank is giving away prizes valued up to $5,000 to visitors of the Web site who enter the sweepstakes and to those who share the Saver Quiz, Sound Advice, Vital $tats or one of the videos with a friend.
FIS banking and payments technology has completed 11 new agreements year-to-date for its “BancPac” core processing solution, the latest of which with Town & Country Bank and Trust. A community bank located in Bardstown, KY, Town & Country Bank and Trust Company has deployed the FIS’ “BancPac” core processing solution in conjunction with its ATM/Debit card processing, bill payment, eBanking, imaging, TellerElite and others. “BancPac” can be fully integrated with a suite of modules designed to expedite new account origination, as well as create and maintain a successful sales culture throughout the bank, resulting in greatly improved communications, streamlined administrative functions and a complete snapshot of the sales and service pipeline.
Qualys on demand IT security risk and compliance management solutions has released its “QualysGuard PCI 5.0.” Offering customers a simplified way to meet the latest PCI DSS compliance requirements, the dashboard includes updates following new Approved Scanning Vendor (ASV) requirements released in March 2010, and a simplified user interface (UI) with workflows â helping customers easily and accurately detect security vulnerabilities, and efficiently remediate issues for PCI compliance. The “QualysGuard PCI” compliance solution is used by 68% of all ASVs and 46% of Qualified Security Assessors (QSAs) to help merchants with PCI DSS certification and validation. New features include an “Asset Scoping Wizard” to walk customers through the process of identifying IPs and domains that are in scope for PCI compliance; a “Compliance Wizard” to help customers through each step of the process in an informative manner; and “Interactive Reports,” which includes a new format with additional content, revised scoring terminology (High, Medium and Low), and sections for attestations.
nCircle security and compliance auditing solutions has updated its Certified PCI Scan Service to be compliant with the latest PCI DSS requirements for vulnerability scanning. The new version of the nCircle Certified PCI Scan Service includes several new features and updates that make it fully compliant with the new requirements. nCircle has worked directly with the PCI Security Standards Council to drive the PCI Data Security Standard for over four years. The nCircle Certified PCI Scan Service is an automated, self-service solution allowing scanning for Internet-facing payment networks with PCI compliance. Based on technology from nCircleâs award-winning vulnerability management product IP360, the Certified PCI Scan Service provides a highly accurate platform to scan merchant networks for PCI compliance.
U.S. Bank has introduced an interactive website that helps consumers manage their credit score so that it can be an asset at important moments throughout their lives. Visitors to the U.S. Bank Credit Wellness Center will find answers to common questions about credit, tools to help them make good decisions about their own credit, and tips on how to protect it for a lifetime. The interactive site allows consumers to participate in a number of credit education activities. They can slide a bar to better understand a good vs. bad credit score, take an online quiz to test their credit knowledge, watch videos about people in different credit situations, and even use a Credit Score Simulator to see how their financial decisions impact their own credit score. Visit www.usbank.com/creditwellness for details.
Nationally, 30% of smart phone users check their bank balances via their mobile phone, 25% regularly check their credit card transactions via their smart phones and 25% of mobile phones are smart phones. In response, Hillcrest Bank hmbanking has made available its iPhone app, allowing users to conduct online banking transactions. The free app from the iTunes store also lets customers see account balances and transaction history, receive and view account alerts, transfer money between accounts and pay bills. hMobile is free to Hillcrest Bank hNet online banking customers and allows access to checking, savings, CD or money market accounts. Information and transactions are securely transmitted via 128-bit SSL encryption technology.
Mobile Remote Deposit Capture Technology Enables Secure Check Deposits via Camera-equipped Smartphones
Mitek has received a United States patent for its “Mobile Deposit” mobile Remote Deposit Capture (RDC) application. The Mitek technology allows users to deposit personal or business checks into their bank or credit union accounts from anywhere at any time simply by snapping pictures of the checks with their smartphone cameras. The now-patented mobile banking application relies on Mitek’s expertise in image-analysis and processing software for camera-equipped smartphones, including iPhone, BlackBerry and devices on the Android and Windows Mobile platforms.
RBS WorldPay has completed certification of the Aldelo Systems
restaurant POS application. With this it has been selected as one of
Aldelo’s preferred electronic payments processors. The
Aldelo POS software solutions provider allows hundreds of restaurants
manage their POS and store operations more effectively over the years.
With over 50,000 installations and more than 400 value added resellers
around the world, Aldelo Systems has both the experience and resources
to assist any size operation. Aldelo Systems specializes in delivering
cost-effective, scalable solutions to small and mid-tier restaurants
nationally. Aldelo has over 50,000 POS installations in 15 countries
and manages a worldwide distribution network of more than 400 dealers.
Pivotal Payments payment processors has signed a partnership with StoresOnline e-commerce solutions to help entrepreneurs launch and manage their online business. The agreement will make Pivotal Payments fully compatible with the StoresOnline shopping cart and enable StoresOnline merchants to benefit from a simplified payment solution, special partner pricing, and 24/7 customer support. StoresOnline clients who build their web store using the StoresOnline solution can now easily integrate Pivotal Payments into their e-commerce solution to accept credit card payments with preferred pricing.
Emtrace Technologies Smartphone solutions announced an “Android” Smartphone version of its “Moxier Wallet” password management app. The “Moxier Wallet” secure personal information vault secures frequently used financial data, logins and passwords. Featuring easy-to-use software, customizable settings, powerful encryption technology, and automatic multi-platform synchronization capabilities (Android/PC/Mac/iPhone); Moxier Wallet secures sensitive information and makes it more available. It offers simplified management of credit card & bank account info, passwords, passport numbers, prescriptions, ATM PIN numbers and web logins.
Bank of America introduced its eBanking solution for customers who prefer to bank through electronic channels and receive their statements online. With this, customers who make deposits and withdrawals through Bank of Americaâs electronic channels and receive online paperless statements pay no monthly maintenance fee, regardless of their account balance or number of transactions in a given month. Otherwise, the customer pays for the value of the account through an $8.95 monthly maintenance fee. eBanking customers can take advantage of the nearly 13,800 deposit image-enabled ATMs across the country allow customers to feed checks and cash directly into the ATM slot and receive an image of their deposit on their ATM receipt; online banking; online bill pay; mbanking and text banking.