Although Greece is in the debt dumpster and China’s UnionPay (CUP) is afraid of Visa’s and MasterCard’s entry into China next year, CUP has accelerated cooperation with multiple mainstream institutions and acceptance coverage of UnionPay cards reached 60% and 40% for ATMs and merchants respectively, basically encompassing places frequently visited by tourists.
Nine Polish banks will commercially launch Visa cloud-based mobile contactless payment services in the first quarter. Close to 70% of Visa cards in the European market have contactless functionality, with the technology accounting for more than 40% of all Visa payments in Poland.
Mellon Technologies IT integrator deployed its large-scale contactless EMV project in conjunction with Eurobank. The first contactless credit cards now available to bank customers, the EMV project allows cardholders to pay for goods of up to EUR25 with no need to enter a PIN or sign the payment slip. The biggest advantage of contactless payments is the transaction speed -by simply holding a contactless-enabled card over a reader, without entering a pin or signing a slip. While a typical card payment needs approximately 12 seconds to conclude, the contactless payment takes less than a second. Mellon Technologies cooperated with Gemalto , which Mellon represented for over 15 years.
The Serverside Group is now offering issuers a low cost, hassle-free way to run card customization programs on the PCI DSS-compliant solution from Datapipe managed service provider. Allowing Serverside Group to capture and securely host cardholder data itself, this offers issuers a zero integration system with less cost to implement a card customization program. The Serverside Groupʼs “AllAboutMe” card customization technology focuses on boosting card usage levels, increase average balances and improve both acquisition and retention rates. Datapipe offers a single provider solution for managing and securing mission-critical IT services, including cloud computing, infrastructure as a service, platform as a service, colocation and data centers.
Datapipe managed services and infrastructure for IT and cloud computing has forged agreements with Serverside Group global card customization specialist. Datapipe’s turnkey PCI DSS compliance solution, Serverside can now deliver a trusted PCI environment ensuring the security of their clients’ card data. A certified PCI solution provider since 2005, Datapipe is a trusted member of the PCI Security Standards Council. Datapipe delivers those services from the world’s most influential technical and financial markets including New York metro, Silicon Valley, London, Hong Kong and Shanghai. Serverside Group digital card design offers software solutions to issuers, personalization bureaus and card manufacturers.
Serverside Group has upgraded its existing Image Checking service to allow images selected for card creation to be screened prior to printing and made available the “ImageValidator” optional upgrade. The “ImageValidator” is an image checking tool that enables issuers to achieve greater certainty about the origin or appropriateness of an image in much less time. The “ImageValidator” instantly indicates whether an image, or similar image, has been checked before; informs the image checker of all previous decisions made for an image if it has been checked before, avoiding duplication and ensuring consistency; and searches the internet for other instances of the uploaded card image and provides links to any found images. The new tool is powered by TinEye.
UMB Bank, n.a., the lead bank of UMB Financial Corporation has acquired
CardPartner from Serverside Group. The agreement was
signed in the first quarter 2010 and terms of the deal are not disclosed.
CardPartner specializes in helping U.S.-based membership organizations
and charities create custom Visa credit card programs.
The acquisition is a natural evolution of the relationship between UMB
and CardPartner. In 2008, the two companies partnered to create a free,
customized affinity Visa credit card program for organizations and
not-for-profits of all sizes. UMB has been the issuer and financial
custodian of the credit cards, which assist not-for-profit organizations
in raising funds via use of the cards. Serverside has
built a market-leading position by running more than 1,000 card programs
through its network of approximately 200 card issuers in 23 countries.
Its clients include: RBS Group, Banco Sabadell, ING, Permanent TSB, ANZ,
BMW, KBC, Fortis, Eurobank, First National Bank Omaha and Heritage
Building Society.
TSYS has partnered with Serverside Group to launch TSYS “Card Shop” digital card fulfillment and marketing solution. Combining âon-demandâ manufacturing processes with industry-leading card management and customization capabilities, TSYS “Card Shop” enables client financial institutions to design and manufacture cards on-demand and removes the need to stock pre-manufactured cards in inventory. Through the online TSYS Card Shop interface, issuers of all sizes can launch stock and customized card programs within days rather than weeks. Serverside offers digital card design and innovative software solutions to issuers, personalization bureaus and card manufacturers. TSYS outsourced payment services offers issuer- and acquirer-processing technologies.
Eurobank has deployed Nirvana to process consumer loans and credit card applications.
Nirvana is a single, low-latency product that fulfills an organisation’s
external real-time middleware needs, and which was developed from the
outset to bridge the divide between internal data and external clients.
The solution provides advanced transactional and flow
control semantics between the online application website, the back
office and the Altamira core banking system. Additionally, applications
in need of credit reference checks are transmitted in real time to
Tiresias, the Greek inter-bank credit reference authority and results
are asynchronously added to the back office.
Gemalto digital security has subscribed to a capital increase in
Serverside Group, with an option to acquire the company at a later date,
with which Gemalto also entered a worldwide distribution agreement under
undisclosed terms. In doing so, Gemalto will consolidate Serverside’s
results as of September 2009. Serverside’s “AllAboutMe”
software-as-a-service platform allows users to upload custom images and
designs on their payments cards, delivering robust ROI to card issuers
by creating a personal bond between the consumer and the card.
Personalized cards make for “top of wallet” usage for greater card usage
and average spend increase.
Serverside customization technology and marketing specialist has
launched its financial card designer for mobile phones. This comes after
a successful trial on Nokia handsets with Dutch bank, ING, in
Amsterdam’s Schiphol airport. The mobile phone ‘app’ pilot supported a
financial card design competition
by encouraging participants to put their holiday photos on debit cards
with chances to win EUR1,000. This also allowed participants to
experience personalized cards for themselves and for Serverside to gauge
public acceptance. The mobile card design interface can generate ID
cards in-branch and enhance outdoor marketing events through assisting
new account generation. Around 40% of the world’s population uses mobile
phones and is expected to grow to 60% by 2011. This provides significant
opportunity for the banking world to introduce mobile product and
service offerings. Serverside offers more than 700 card programs through
its network of approximately 200 card issuers in 23 countries.
Digital card technology provider Serverside Group has received a patent
for its core card customization architecture from the Indian Patent
Office. The grant of the
Indian patent, which follows the grant of a European Patent, not only
enhances Serverside’s competitive position in India but indicates the
likely outcome in other territories.