In today’s CardFlash News Que: B2 (Chase); JCB (Malaysia); FIT PAY (wearables); and WIRECASH (Cuallix).
Detroit-based Graphite Payments is offering the necessary hardware to help merchants handle the changes to payment processing standards in the U.S. As of October 1, merchants who have not transitioned to the new, higher security EMV card standard will be responsible for a larger share of the cost in the event of fraud or a customer data breach.
NCR and dascus are modernizing the point-of-sale (POS) infrastructure of all 109 branches of the German bakery chain Stangengrüner Mühlenbäckerei. The complete solution consists of software and hardware along with services and support provided by dascus. Due to its design, the POS technology enables small and midsized retailers to realize significant energy savings, since it features an energy-saving processor and runs without a cooling fan. With its compact design, the technology is easy to setup and maintain. Its color and branding can be customized according to a retailer’s individual preferences and can be used either as a POS workstation or multimedia kiosk for self-service applications.
Dollar Bank has implemented WAUSAU Financial Systems’ “Deposit 24/7 Mobile” mobile remote deposit capture solution from its Deposit 24/7 Suite. The bank has seen great success, processing nearly 2,500 deposits totaling $500,000 through the solution. A 2011 Celent study notes that approximately 80 percent of surveyed financial institutions are considering a mobile RDC solution, but as a Javelin and USAA study shows, many aren’t taking action. Despite the benefits of the technology for all parties and its “must have” status to keep up with consumer demand and achieve cost savings, several of the 10 largest U.S. financial institutions still aren’t offering mobile RDC to customers. WAUSAU is currently expanding its “Deposit 24/7 Suite” to provide the small and mid-tier business markets a receivables hub that accepts checks and electronic payments for ACH and credit card.
Sage North America expanded its Sage Development Partner Program for its Sage Payment Solutions division. The program enables an independent software vendor (ISV) to offer integrated, Payment Card Industry (PCI) compliant credit card, debit card, and ACH payments within their on-premises or Web-based software products. ISVs who integrate their products to the Sage Exchange integrated payments platform will remove those products from the scope of the Payment Application Data Security Standard (PA-DSS). Sage Exchange provides full compliance with the PA-DSS.
Sage North America integrated its “ERP X3” business process management software for midsized distributors and manufacturers with its “Exchange” PCI certified payments platform. The Sage “ERP X3” customers in North America using versions 5 or 6 can now use Sage Exchange to process credit and debit card transactions that auto post into their Sage “ERP X3” system in a secure, PCI DSS environment. This is ultimately to help businesses streamline their payments process; increase order and payment accuracy; and deliver an improved customer experience by providing the convenience of accepting bank card payments in an integrated environment.
First American Payment Systems electronic payment processors announced PayZone customized payroll is its newest referral partner. Now PayZone will refer its new and existing clients to First American. First American provides credit card processing, e-commerce solutions, customized gift cards, check processing, ACH processing, and ATM services. First American also provides merchants with multilingual customer service available 24/7, located a couple of blocks from headquarters in Fort Worth, Texas.
Bill.com integrated bill payment, online invoicing and cash management solutions for small- and medium-sized businesses (SMBs) and accounting/bookkeeping firms, has been selected as a recipient or finalist for three major industry awards. These include Red Herring Top 100 North America Tech Startup; CPA Technology Advisor Innovation Award; and the 2011 American Business Awards Finalist. Leveraging Bill.com as their daily financial hub, businesses gain dramatic time and cost savings through unique and proprietary payment processes that enable efficient collaboration internally and with their vendor and customer networks.
Douglas MacIver has been promoted VP, Sales and Marketing with InfoTouch touch screen developer for Retail POS Software (POS). InfoTouch Corporation developed the first-to-market Retail Touch Screen POS Software in 1986, and has implemented and serviced thousands of Touch Screen Retail POS businesses over its 25 history. Based on proprietary market research, InfoTouch believes this decade is the start of the POS paradigm shift for retailers, similar to the shift experienced in hospitality POS over the last two decades.
Bill.com paperless bill management and payment for small and medium-sized businesses (SMBs) and CPA firms deployed its “Sage Peachtree Sync” integration. Bill.com’s “Sage Peachtree” one-click, two-way synchronization liberates accountants and SMBs from redundant data entry and provides a simple, powerful and cost-effective solution for managing the entire bill payment and management process, anytime and anywhere through any mobile device or Web browser. This allows Vendor bills and payment processing from the office or in a mobile environment; Paperless multi-user accounts payable (AP) workflow utilizing digital images of invoices and other financial documents for both financial and non-financial users; One-click, flexible payment methods including check, Bill.com ePayment (ACH), and instant payments via PayPal that eliminate the need to print, sign, and mail checks or enter payments in separate banking systems; Enhanced check management with advanced fraud protection previously only available to large enterprise organizations.
Bill.com online bill payment and invoicing for small- and medium-sized businesses (SMBs) and CPA firms been selected as an “AlwaysOn” OnDemand 100 Top Private Company for 2011. With this, the Company will demo at the FinovateSpring 2011 in San Francisco on May 10-11. Bill.com helps customers save more than 50% of the time and cost of handling and paying bills. The company is also helping to reduce the estimated 48 billion account notices, statements and bills sent by businesses each year and converting $23 Trillion in paper checks written and mailed for B2B payments into electronic payments. The 2011 OnDemand 100 companies are top emerging Internet companies disrupting the established enterprise and pioneering cloud computing and SaaS. FinovateSpring is a two-day showcase held in May in San Francisco and comprised of leading established companies and hot new startups.
Bill.com paperless bill management and payment for small- and medium-sized businesses (SMBs) and CPA firms announced its “Bill.com Mobile” is available to help customers manage day-to-day financial operations through their cell phone. The “Bill.com Mobile” solution allows users to review, approve and make payments anytime and anywhere. It also lets users review digital images of bills from their mobile device, approve them, and schedule payments from any bank account they are authorized to access. They also can easily access all of their Bill.com accounts from a single dashboard.