Linkable Networks has snagged $11.7 million in funding along with three key executive team hires. Since 2011 Linkable has been building a scalable platform that provides brands and retailers the ability to engage, reward and incent their consumers directly and across any channel – online, mobile and in-store.
NCR announced its fully integrated POS solution and an all-imaging bi-optic scanner. Both solutions are designed to provide retailers with innovative technology that helps provide competitive differentiation by enabling exceptional in-store shopping experiences. NCR is the leader in consumer transaction technologies including retail self-checkout technology and POS terminals with more than a million touchpoints in service. NCR POS solutions handle more than 125,000 transactions per minute. The new imagers and POS solutions are designed to improve operations and fit within the existing footprint of previous NCR devices.The NCR “RealScan” Imager reads 1D, 2D and Mobile bar codes fast and efficiently, provides high-performance imaging with the largest scan zone in its class and enables the ability to improve store security, provide real-time scanner feedback to managers, simplify cashier training and stream live images and videos.The “RealPOS XR7″ features a stylish all-in-one design with versatility, ruggedness and data security, either a 15″ or an 18.5” multi-touch display and is powered by the 4th generation Intel Core processor.
Virtual Piggy announced Dale Jensen joined its Board of Advisors. Jensen brings experience of over 30 years to the role. Jensen co-founded Information Technology (now Fiserv). Virtual Piggy promotes financial management while empowering youth under 18 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. The technology serves as a family wallet that is available online or via mobile, and is 100% free to use.
CSR data compliance solutions and expert business services that helps organizations turn compliance into revenue, announced that Director of Consulting Services Linda Grimm will speak to attendees of the NorthEast Acquirers Association (NEAA) 2013 Summer Seminar on June 12th about the business threat of mishandling PCI and other personal data. Grimm will provide the latest news affecting merchants and their service providers in “The Future of PCI – Protecting Only Credit Card Data Isn’t Enough: How to Use Personal Data Protection Services to Improve Customer Retention and Boost Your Bottom Line” at the Hilton Hotel in East Brunswick, N.J. The NEAA provides an educational forum for financial institutions and members of the acquiring industry whose attendees will hear Grimm describe the opportunity to provide revenue-generating services their merchants need at a time of mounting pressure for federal legislation that would hold merchants accountable for data security. Class action data breach lawsuits highlight the need for all organizations to protect all personally identifiable (PII) and protected health information. By helping merchants go beyond protecting credit card data, just one type of PII, the payments community can be first to fill a need for security services that binds relationships and generates significant new revenues.
CSR data compliance solutions announced that OMEGA Processing Solutions will offer its “PCI ToolKit” and Breach Reporting “ToolKit” solutions to its entire portfolio of approximately 7,000 business customers. OMEGA Processing Solutions credit card processing company provides electronic payment transaction services to businesses nationwide. The CSR “PCI ToolKit” solution helps merchants complete compliance validation quickly and easily without time-consuming support sessions. More than 82 percent of merchants who use the PCI ToolKit successfully complete validation. The CSR “Breach Reporting ToolKit” solution delivers the right information at the right time to the right regulating bodies in the event of a suspected or actual data breach. It identifies, prepares and files the mandated reports to countless oversight authorities in a timely fashion on behalf of businesses, both large and small.
CSR data compliance solutions is set to share the “PCI ToolKit” Mobile Merchant Module and the addition of the P2PE-HW Self-Assessment Questionnaire (SAQ) at the 6th annual PCI SSC North American Community Meeting at the Walt Disney World Swan and Dolphin Resort. CSR invites attendees to meet at Booth #212 in the Vendor Showcase where CIPP privacy professionals, certified by the International Association of Privacy Professionals, will address the needs of acquirers and merchant service providers to find new ways to increase revenues while preserving the integrity of their portfolios.
CSRSI, the leading provider of data compliance solutions and expert services that help businesses turn compliance into revenue, announced the re-branding of the company to CSR. The new company name stands for Compliance Solutions and Resources. The company is best known for its PCI ToolKit(R) offering which simplifies Payment Card Industry Data Security Standard (PCI DSS) merchant and portfolio compliance using proprietary, “smart questionnaire” technology.
USA Technologies cashless payment and M2M telemetry solutions for self-serve, small ticket retail industries, has been named to Deloitte 2011 Technology FAST 500 list of the fastest growing technology companies in North America. USA Technologies ranked 22 in the Greater Philadelphia area and 480 in North America based on percentage fiscal-year revenue growth during the period from 2006 to 2010. USA Technologies ranked 5th among the leading POS shippers in the United States and 19th in the world in 2010.
USA Technologies wireless, cashless payment and M2M telemetry solutions announced the resignation of Chairman and CEO George Jensen. This is the direct result of the Audit Committee of the Company’s Board of Directors having been tipped Jensen posted inside Company investment information on an online investor forum. His investment tips encompass 450 comments on the Yahoo message board posted over two months. His ensuing suspension was followed swiftly by his self-resignation, for which Stephen P. Herbert will act as Interim Chairman and Chief Executive Officer. The SEC is also involved in the ongoing investigation.
Retail Pro International and Seamless Receipts have partnered with Constant Contact to bridge the gap between securing email addresses from customers and transferring those email addresses into marketing databases. Integrations allow retailers to eliminate the process of manually extracting data from their POS system and move segmented customer lists directly to their Constant Contact Email Marketing database. Full customer name, address and phone number, as well as almost all other customer fields such as store credit, charge balance, and UDF fields can be exported from Retail Pro POS into Constant Contact, and with Seamless Receipts, retailers can deliver electronic receipts to customers, engaging them with branded communications and personalized promotions beyond the purchase.
Fundtech global transaction banking solutions signed its 50th corporate client. Corporations are showing increased interest in communicating with their banks via SWIFT as they seek to simplify and standardize these connections to automate and lower costs. Growing interest in SWIFT among corporations is thanks to the need for greater operating efficiencies and flexibility with banking relationships. The 50 clients now on the Fundtech’s ServiceBureau include major global corporations such as: Unilever, Carlsberg Group, and Coca-Cola Hellenic.
USA Technologies wireless, cashless payment and M2M telemetry solutions for self-serve retail industries, announced its “ePort Connect” Service in August processed a new high of 8.4 million transactions representing $14.1 million in small-ticket transactions, increases of 81% and 71%, respectively, from August 2010. The Company also reported that on September 6, 2011, it set a single day record by processing 375,000 transactions. These latest milestones put the Company on an annualized run rate of approximately $170 million in processing volume. The “ePort Connect” enables self-service terminals, such as vending machines and kiosks, to accept credit, debit, new contactless cards and other cashless forms of payment, handles all elements of transaction processing, and allows customers to monitor and manage their terminals online – all with the highest level of data security.