CardWeb.com’s CardExecs database of payments industry movers and shakers today features Gabriel Yelin of President of Argentina’s CertiSur.
DUALi Korean Smart Card Solutions Provider and its Clear2Pay NFC device has been certified for NFC Forum Digital Conformance by the Korean certification laboratory KTC. The NFC Forum’s Certification Program ensures that NFC Forum-certified products are conform the NFC Forum standards and offers assurance of the interoperability between NFC devices which is a key element for consumer confidence. Under this program, DUALi has submitted their device to KTC, an authorized test laboratory who applied Clear2Pay’s NFC Forum-validated test solution to successfully validate DUALi’s Dragon NFC device.
Eltna Korean holding corporation has completed its acquisition of Tranax
Technologies ATM and self-service terminal developer. The acquisition
agreements stipulate Tranax is now a division of Eltna
Corporation, the latter of which holds companies in ATM system,
components, imaging, design and manufacturing and has served as original
equipment manufacturer for Tranax ATM systems in recent years. Also
under the agreement, Eltnaâs CEO will assume the role of Tranax CEO
after a period of transition along with a new CFO provided by the
holding company. Having sold over 100,000 ATMs, Tranax provides
self-service industry design, development, manufacturing and sale of
self-service technology for retail, banking, hospitality, entertainment
and gaming industries.
Check cashing provider VALID Systems has partnered with Tranax Technologies to provide check cashing solutions for the Tranax customer base. VALID Systems’ application has been used by such financial institutions as Key Bank and US Bank over the past 3 years. Customers enroll with the cashier, but receive funds via ATM. Enrollment using VALID’s application averages 70 seconds with repeat transactions averaging 27 seconds.
CA-based Tranax Technologies has formed a Board of Directors including Wolfgang Hausen, Jack McDonnell Jr., Dr. Kathryn Hanson; Dr. Hansup Kwon and Heemook Kwon. The role of the newly-created board of directors will be to serve as a sounding board and counsel to help the CEO and executive team evaluate and respond to strategic business opportunities and challenges. The charter will also include accelerating the implementation of practices, people, and strategies needed to expand and grow Tranax. The five board members will serve for 3 years and will provide best practices related to corporate strategy, operations and general management. Tranax provides the design, development, manufacture and sale of self-service technology to the retail, banking, hospitality, entertainment, and gaming industries.
CA-based Tranax Technologies, a developer of ATMs and self-service kiosks, has terminated its manufacturing agreement with Nautilus Hyosung and has decided to continue its own manufacturing.
Tranax Technologies announced that its ATMs have been certified to run “Diebold 912 Transaction Emulation”. With its new Diebold 912 Emulation, a bank’s processor does not need a separate device handler to run a Tranax ATM. The Tranax ATM can now be ordered with Diebold 912 emulation software and it will connect to and communicate with the processor’s device handler. Tranax Technologies leads the ATM and self-service industry in the design, development, manufacture, and sale of self-service technology to the retail, banking, hospitality, entertainment, and gaming industries.
Tranax Technologies and TIO Networks have partnered to launch a joint hybrid ATM initiative. With this agreement, TIO financial services will be available on the new Tranax Mini-Bank 4000 series ATMs. TIO’s services include bill payment, stored value card dispensing and reloading, and prepaid services. TIO networks will process all transactions for financial applications, except for the traditional ATM services. TIO Networks Corp, a strategic investment of Hewlett Packard, is building a national multi-retailer network of financial services kiosks for the “cash preferred” consumer marketplace.
MasterCard launched its sponsorship of the ‘State Games of America’ over the weekend by bringing Women’s World Cup champion, Mia Hamm, to St. Louis to officially kick off the activities. SGA is the premier Olympic-style national event set up as a continuation of local ‘State Games’ competitions. Male and female athletes of all ages and abilities will participate in 15 different sports, including basketball, bowling, diving, figure skating, gymnastics, ice hockey, the 5K road race, soccer, softball, swimming, Tae Kwon Do, tennis, track & field, volleyball and wrestling. The event involves more than 6,000 athletes from 40 states. MasterCard also made a $25,000 donation to the Mia Hamm Foundation. The donation amount was based on 10% of all ticket sales for the ‘Women’s World Cup Soccer Tournament’ in June.
San Jose-based The Internet Mall announced Tuesday the opening of The Internet Mall Japan. About 15% of the Internet Mallâs international traffic currently comes from Japan. More than 50 Japanese retailers will now participate in the service that currently provides consumers with links to over 27,000 on-line stores. The Internet Mall uses the âOrderEasy Secure Internet Shopping Serviceâ, a proprietary back-end transaction system, for handling merchant online sales. The Japanese Mall was created in partnership with Japanese software developer Kuni Research International..