Other Breaking News
In today’s CardFlash News Que: VISA (Movember); American Express (Presido); SYNCHRONY (DoD); and REPORTLINKER (Europe).
In today’s CardFlash News Que: VISA (Movember); American Express (Presido); SYNCHRONY (DoD); and REPORTLINKER (Europe).
Elavon, a leading provider of payment solutions and subsidiary of U.S. Bancorp (NYSE: USB) has signed a multi-year agreement with Wyndham Hotel Group to integrate secure payment technology for approximately 4,500 of the company’s more than 7,600 hotels over the next 18 months.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Keith Birdsong, Chief Technology Officer of Pivotal Payments.
A new customer case study of Xpress Bill Pay’s use of Prime Factors’ EncryptRIGHT data protection and enterprise crypto key management capabilities has been released. Prime Factors encryption and tokenization product is well regarded in the payments industry.
CU Wallet, a collaborative credit union owned and directed mobile payments technology provider, today reported record growth, signing 65 credit unions representing more than seven million members since the company’s launch just nine months ago. CU Wallet continues to gain momentum, positioning the provider to make a substantial impact on mobile payments.
Visa has made a strategic investment in DocuSign to enable customers to prepare, execute and manage digital transactions and integrated payments safely and securely. DocuSign Global Standard for Digital Transaction Management™, automates manual, paper-based processes with the only open, independent, standards-based DTM platform for managing all aspects of documented business transactions. DocuSign helps companies Keep Business Digital™ with industry-leading identity management, authentication, eSignature, forms/data collection, collaboration, workflow automation, payment collection, and document retention. DocuSign accelerates transactions on a secure global network for sending, signing, tracking, and storing documents in the cloud.
Ukash announced its latest expansion with its partnership with the Touch network, available at 10,000 chain and independent merchants. Touch has developed a range of transaction systems to support the banking, retail, telecommunications and government sectors across Europe and in Asia Pacific. It has established a strong network of outlets for its point of sale terminals in Australia, enabling consumers to purchase a wide range of electronic products. By adding the availability of Ukash voucher codes from its terminals, Touch founder, Keith Cleeve, believes merchants will see an increase in footfall throughout their stores. Ukash enables consumers to use cash to pay safely and conveniently online by exchanging notes and coins for a unique 19 digit code. Available for use across a variety of sectors, including shopping, gift cards, games, poker and bingo, Ukash is used to pay directly on thousands of websites worldwide.
NCR Corporation announced that Cathay United Bank (“CUB”) has become the first bank in Taiwan to provide personalized automated teller machine (“ATM”) transactions by using NCR APTRA Connections software. CUB is the fourth largest ATM deployer in Taiwan with more than 1,900 ATMs. APTRA Connections is now running on about 180 units of NCR SelfServ ATMs and 120 units from another vendor. Most of these ATMs are installed at busy locations. CUB is also planning to extend the new features to its entire ATM network gradually. APTRA Connections enables CUB to recognize their customers and display personalized greeting message. CUB customers can customize their ATM menu by pre-selecting favorite transaction options that include their usual cash withdrawal amount, bill payment and bank transfers, resulting in fewer screens to navigate and save time – as much as 33 percent faster than a typical transaction.
IndiSoft and Bluefin Payment Systems partnered to offer a fully integrated payment and security solution for IndiSoft clients. IndiSoft clients using the company’s RxOffice platform will have access to Bluefin’s PayConexTM payment processing platform which includes tokenization and transparent redirect security features, as well as Bluefin’s PayConexTM point-to-point encryption (P2PE) solution. Bluefin specializes in integrated cloud-based payment and security solutions for independent software vendors (ISVs) and SaaS providers. Bluefin recently introduced the first, and to date only, PCI-validated solution for P2PE in North America. PayConex P2PE encrypts credit and debit card data in a secure point of entry device, ensuring that clear-text cardholder data does not reach the merchant’s POS systems and networks where it could be exposed to malware.
IndiSoft and Bluefin Payment Systems have partnered to offer a fully integrated payment and security solution for IndiSoft clients. Through the integrated partnership, IndiSoft clients using the company’s RxOffice® platform will have access to Bluefin’s PayConex™ payment processing platform which includes tokenization and transparent redirect security features, as well as Bluefin’s PayConex™ point-to-point encryption (P2PE) solution.
TSYS announced an agreement with Oversight Systems to provide an automated monitoring and analysis solution to help corporate purchasing professionals detect and eliminate fraud, policy misuse, and waste within their card programs. Oversight Insights On Demand – Powered by TSYS is an innovative solution that will facilitate transparency, accountability and growth of card programs for corporate customers. In addition, this solution addresses key barriers to card adoption, namely the lack of operational spend control and associated risk with decentralized purchasing. The solution will be available to TSYS’ commercial clients beginning in the third quarter of this year.
Ameranth, Inc. announced that it has entered into a new patent license agreement for mobile ordering and mobile payment processing with Taco Bell Corp. – www.tacobell.com – the largest Mexican QSR restaurant company in the world – with nearly 6,000 locations. Taco Bell is headquartered in Irvine, California. The Ameranth-Taco Bell patent license includes mobile ordering, mobile payments and other elements critical to mobile deployments in the hospitality space.