H&R Block says it is now using First Data’s TeleCheck ECA service, “Eclipse” payment terminals, and credit and debit processing services in its more than 7,000 offices nationwide. First Data’s TeleCheck ECA service delivers funds directly to H&R Block’s account in about two business days, in a process similar to a signature-based debit transaction. First Data Corp. is a leader in electronic commerce and payment services, First Data serves approximately 3.5 million merchant locations, 1,400 card issuers and millions of consumers, making it easy, fast and secure for people and businesses to buy goods and services using virtually any form of payment. H&R Block Inc. is a diversified company with subsidiaries that deliver tax, financial, mortgage and business products and services.
NY-based A2iA has expanded the functionality within its “CheckReader 3.1” to enable banks and financial institutions to verify check usability in real-time. Check 21 has accelerated the need and interest of banks to ensure that check images are usable and contain information in the required fields. The Check 21 Act establishes a Substitute Check’s or Image Replacement Document’s (IRD) legal status and X9, which is an American National Standard for substitute checks created under the Accredited Standards Committee X9 for the financial services industry. A2iA is a leading developer of technology for reading machine print and natural handwriting, including cursive handwriting from paper documents.
Bank One announced it will spend $3.98 million to replace 132 ATMs in Indiana this year. The banking centers feature a new layout designed to reduce customer wait times. It features teller stations for conducting banking transactions. Individual offices adjacent to the customer transaction area provide a more private space for relationship bankers to conduct detailed financial discussions with customers. Bank One operates more than 180 banking centers in Indiana. Bank One Corporation is the nation’s sixth-largest bank holding company, with assets of more than $325 billion. Bank One currently has more than 50 million credit cards issued, serves nearly 7 million retail households, and approximately 20,000 middle market customers. It also manages more than $185 billion of clients’ investment assets.
San Francisco-based SVC Financial Services has hired Bob Mack Peak as VP of Sales and Business Development. Mr. Peak has more than 25 years of experience as a sales and marketing executive in the software industry. Before joining SVC, he specialized in next-generation Web solutions based on the World Wide Web Consortium’s (W3C) standards for the Semantic Web and in the implementation of Enterprise Content Management solutions. SVC Financial Services (OTC: SVCX) is a provider of an integrated suite of secure electronic payment, web application development, digital rights management and multimedia authoring solutions with a focus on the online retailing and entertainment industries as well as the companies that serve them.
Nokia, Philips, and Sony have teamed to establish the “Near Field Communication Forum” to promote the use of touch-based interactions for payment purposes. The new forum will promote implementation and standardization of “NFC” technology to ensure interoperability between devices and services. “NFC” technology evolved from a combination of contactless identification and interconnection technologies. “NFC” operates in the 13.56 MHz frequency range, over a distance of typically a few centimeters. NFC technology is standardized in “ISO 18092,” “ECMA 340,” and “ETSI TS 102 190.” NFC is also compatible to the broadly established contactless smart card infrastructure based on “ISO 14443 A”, i.e. Philips “MIFARE” technology, as well as Sony’s “FeliCa” card.
Nokia, Philips, and Sony have teamed to establish the “Near Field Communication Forum” to promote the use of touch-based interactions for payment purposes. The new forum will promote implementation and standardization of NFC technology to ensure interoperability between devices and services. NFC technology evolved from a combination of contactless identification and interconnection technologies. NFC operates in the 13.56 MHz frequency range, over a distance of typically a few centimeters. NFC technology is standardized in “ISO 18092,” “ECMA 340,” and “ETSI TS 102 190.” NFC is also compatible to the broadly established contactless smart card infrastructure based on “ISO 14443 A”, i.e. Philips “MIFARE” technology, as well as SonyÂs “FeliCa” card. Further information is available at nfc-forum.com.
IntelliPay has unveiled a new software-based credit card terminal enabling a business to accept credit cards from any personal computer, operating on all Microsoft operating systems. This product offering represents a joint effort between IntelliPay, First Tennessee Bank and First Horizon Merchant Services who will provide the initial distribution for the product. Pacific WebWorks provides a comprehensive suite of affordable, easy-to-use software programs for small businesses that want to create, manage, and maintain an effective Web strategy including full e-commerce capabilities.
CO-based Smart Transaction Systems has certified Hypercom’s “T7Plus” and “ICE” card payment terminals for gift and loyalty programs that run on “HyperWare 08A” transaction software solution. Hypercom’s modular, multi-function and multi-faceted HyperWare supports the STS turn-key gift card program which, when combined with a loyalty program, allows merchants to segment their customer base and manage different types of rewards programs for each type of customer. Smart Transaction Systems provides card-based payment systems, customer loyalty and CRM programs to a wide variety of companies throughout the United States. Hypercom Corporation is a leading global provider of electronic payment solutions that add value at the point-of-transaction for consumers, merchants and acquirers, and yield increased profitability for its customers.
Atlanta-based Radiant Systems has introduced a rugged, small footprint POS terminal for theatre operators. The new “Radiant P1210” terminal is powered by the Intel “Celeron” processor and offers an open platform that runs virtually any POS software. The screen is a resistive touch screen, 12.1″ XGA, active matrix display. It has a three-track integrated magnetic stripe reader for credit, debit, loyalty, and employee ID cards. Radiant Systems provides store technology for the foodservice, petroleum and convenience store, and cinema industries.
SVC Financial Services has opened its corporate headquarters in the Financial District of San Francisco. The San Francisco office joins SVC’s previously established Enterprise Business Development and technology R&D office in San Jose, CA serving Silicon Valley, and its Media and Entertainment Business Development office in El Segundo, CA serving Hollywood. SVC Financial Services is a provider of an integrated suite of secure electronic payment, web application development, digital rights management and multimedia authoring solutions with a focus on the online retailing and entertainment industries as well as the companies that serve them.
Bank One plans to replace 550 ATMs in Chicago this year, and add about 50 new off-site ATMs in the area over the next two years to bring the total number of Bank One ATMs in the Chicago market to 1,250. Most of the new branches will be storefront locations, which provide convenient bank access in areas with high levels of foot traffic. The 50 new off-site ATMs will be located inside Walgreens drug stores and in other venues, and the ATM replacements will include 200 machines inside Bank One branches and about 350 inside Walgreens. Bank One Corporation ( ) is the nation’s sixth-largest bank holding company, with assets of $326 billion.
Travelocity and MasterCard have renewed their winter promotion offering up to $400 cash-back in the form of a “Prepaid MasterCard Gift Card” for cruises booked through February 26th. From the sandy beaches in Mexico, to the snow-capped mountains of Alaska to the romantic coastal locales of Europe, Travelocity’s fifth annual Cruise Super Sale has affordable cruise vacations for all cruisers — from rookies riding the high seas for the first time to the seasoned cruising pro looking for a new adventure. Travelocity pioneered the online travel space and continues to be the most popular travel service on the Web, giving consumers access to hundreds of airlines, thousands of hotels and cruise, last-minute and vacations packages, and best-in-class car rental companies, all backed by 1,000 customer service representatives staffed to provide 24- hour assistance. MasterCard International is a leading global payments solutions company that provides a broad variety of innovative services in support of our global members’ credit, deposit access, electronic cash, business-to-business and related payment programs.