FSV Payment Systems and Meta Payment Systems have teamed to launch “GiftIT”, a turnkey gift card solution. The GiftIT program allows financial institutions to sell loadable Visa or MasterCard-branded debit cards to their customers for year-round gift-giving. FSV Payment Systems offers host-based FSA,gift, payroll card, and other MarketReady stored-value ePayments solutions as a strategic business partner of Fiserv, Inc. Meta Payment Systems, a division of MetaBank, offers card issuing and program support.
VeriFone announced the installation of more than 2,000 “Topaz/Sapphire” integrated POS systems for Valero Energy Corp. The workstation offers multiple tasks such as fuel-dispenser control, car wash control and fast-food and merchandise transactions and enables Valero to customize the system to recognize special discounts and customer loyalty programs. In addition, the system allows managers easy access to current store activity data, which increases reporting and inventory control efficiencies. VeriFone Holdings, Inc. is a provider of secure electronic payment technologies. Valero Energy Corp. is one of the nation’s largest retail operators with more than 4,700 retail and branded wholesale outlets and annual revenue of approximately $55 billion.
JCB is partnering with Experian and will implement Experian-Scorex’s “Probe” solution into its credit card environment.
“Probe” will allow JCB to analyze and make changes to its credit
strategies in half the current time. This is due to flexibility and
the desk top user control of the solution. The solution also allows for
simulation of strategies and it is a major leap forward from current
systems for control, analysis and monitoring of credit risk strategies,
enabling greater speed-to-market implementation. JCB’s merchant network
includes 12.4 million merchants and spans 190 countries. JCB cards are
now issued in 18 countries with 55 million cardholders.
Cubic’s San Diego automated fare collection system is formally dedicated. Customers will buy tickets to ride the San Diego Trolley system through ticket vending machines. The new machines will accept cash and dispense proof-of-payment tickets and include easy-to-follow menu screens to walk customers through ticket purchase, with instructions in English or Spanish, in addition to audio and Braille navigation. Cubic Transportation Systems, Inc. is a full-service systems integrator of automated fare collection systems for public transportation systems worldwide.
TransUnion’s TrueCredit subsidiary has earned “Telly Awards” for three television commercials. Launched in collaboration with Chicago-based agency TargetCom in early 2005, the commercials form the “True Stories” campaign. Each features the real-life story of a TrueCredit customer dealing with financial challenges such as identity theft, homeownership and debt management. TargetCom’s client roster includes Discover Card. TrueCredit’s online products include credit reports and credit scores, as well as debt management and identity theft insurance services.
Toronto-based Triversity has released “FraudWatch 3.0,” a loss
prevention software solution that meets the requirements of the PCI
standards for protecting cardholder data. “FraudWatch 3.0” includes full
encryption of credit/debit card information, audit trails when data is
accessed, advanced password management, masking of sensitive data when
displayed and restriction of information. “FraudWatch” is a Web-based
system that can be accessed from any location via a Web browser.
Triversity is an international provider of retail business solutions.
Jack Henry’s e-ClassicSystems is providing California-based Golden 1 Credit Union its “ATM Manager Pro” to manage its network of 270 ATMs. ATM Manager Pro supports ATM channel management by consolidating ATM-related information into a centralized database and provides analytical and reporting tools. The Golden 1 Credit Union is the fourth largest credit union in the United States with over $5.6 billion in assets and more than 600,000 members. Jack Henry & Associates, Inc. is a leading provider of integrated computer systems and processor of ATM/debit card/ACH transactions for banks and credit unions.
Toronto-based Triversity has released “FraudWatch 3.0,” a loss prevention software solution that meets the requirements of the PCI standards for protecting cardholder data. FraudWatch 3.0 includes full encryption of credit/debit card information, audit trails when data is accessed, advanced password management, masking of sensitive data when displayed and restriction of information. FraudWatch is a Web-based system that can be accessed from any location via a Web browser. Triversity is an international provider of retail business solutions.
Mexico City-based Poder de Compra, S.A. de C.V. has partnered with
SiVault Systems to upgrade PDC’s banking platform. This platform utilizes
PDC’s U.S. debit cards and Mexican electronic cards using HSBC bank in
Mexico to enable people in the U.S. to easily, safely and inexpensively
transfer funds to relatives and friends living in Mexico. This initial
order was secured through the efforts of
Santiago de Leon. The agreement will result in an initial order for
100,000 cards that will be issued over the next four months primarily to
Hispanics who reside in Texas, Illinois and California. Through its
strategic partnership, SiVault also plans to deploy several thousand
terminals under the program with PDC.
San Diego-based Kintera, which offers online giving via payment cards to nonprofit organizations, was named the winner of the “Stevie Award” for the “Most Innovative Company” category. The Stevie Awards are conferred in three programs: The American Business Awards, The International Business Awards and The Stevie Awards for Women Entrepreneurs. Kintera(R), Inc. provides an online solution to more than 15,000 accounts in the nonprofit, government and corporate sectors to help nonprofit organizations.
American Express has started issuing its “Blue” card with the “ExpressPay” option nationwide. Also, 7-Eleven announced yesterday it will accept the AmEx contactless solution in its 5,300 U.S. stores by early 2006 following a test of “ExpressPay”-enabled readers in 170 stores in a test market. Additionally, AmEx will add contactless payment options to several card products including: “Blue Cash,” “Blue for Students,” “Blue for Business” credit cards, and “Blue Cash for Business.” AmEx has been testing “ExpressPay” since 2002. In March, AmEx announced the signing the nation’s largest photographic chain and one of the fastest growing convenience store chains in the mid-Atlantic region. Ritz Camera and Sheetz agreed to add 1,500 locations for “ExpressPay.” In December 2004, the CVS pharmacy chain inked a deal to make a full roll-out of “ExpressPay” to its entire fleet of more than 5,300 stores by mid-year. (CF Library 12/16/04; 3/23/05)
JALCARD has deployed the MicroStrategy “Business Intelligence Platform” to enhance service to its approximately 1.35 million
customers. JALCARD will use MicroStrategy for customer analysis applications such as customer segmentation and customer behavior and purchase analysis, which will enable JALCARD to enhance current services and offer targeted new services to customers. In addition to offering mileage to customers’ Japan Airlines “Mileage Bank” accounts, JALCARD provides value-added offerings such as shopping, insurance and travel services. JALCARD offers credit cards in conjunction with VISA, MasterCard, JCB and Diners Club.