EMUE & VISA

Visa and EMUE Technologies have launched the “PIN Card” pilot to
focus on combating CNP fraud. In doing so, the new solution implements
fraud prevention techniques through a conventional credit or debit card
product using credit chip technology in generating one-time-only codes
displayed on an integrated eight-digit alpha-numeric screen. This
ensures a secure solution to authenticate online transactions without
the need for a separate device, allowing cardholders to validate
transactions with the input of the standard PIN and then the
one-time-only code.

POSTILION IMN

Postilion Solutions has signed agreements with Threshold for its switch
deployment. Postilion’s switch will provide Threshold with a direct
connection to Interac Association’s Inter-Member national payment
Network (IMN), extending the organizations’ existing 8-year agreements.
The network allows Canadians to access their money through ATMs and POS
terminals to which the Threshold client base can now participate.
Additionally, this development provides Threshold with increased
financial services performance, flexibility, and scalability thanks to
the Postilion IMN, which is incorporated with the IBM Series p AIX
platform. Threshold has 850 employees throughout North America,
operating over 2000 ATMs, while Postilion, a division of the S1
Corporation, serves over 1,500 client customers in more than 50
countries with solutions that power 100,000 ATMs and 500,000 POS
terminals worldwide.

MICROS & CARA

MICROS has signed with Cara Operations Limited to provide its “Pay-at-
the-Table MICROS 3700” solution for implementation between October
of 2007 to the Summer of 2008. The MICROS “3700” solution eliminates
customers’ fear of fraud (never having to relinquish card possession),
reduces
wait time, is integrated with a mobile payment device from VeriFone
Holdings
and reduces processing fees. MICROS solutions are currently in use at 425
Cara locations throughout North America with 5 of the corporations’ division
brands. The company is a restaurant and airline services organization
operating
such restaurants as Swiss Chalet Rotisserie & Grill, Milestones Grill
and Bar,
Montana’s Cookhouse, Kelsey’s Neighborhood Bar & Grill, Harvey’s and
Airline Solutions. Additionally, MICROS has over 220,000 systems installed
for retail operations and 20,000 management systems for hotels in over 130
countries.

TIM HORTON’S & CHASE BANK

Tim Horton’s customers can now pay with their MasterCard and
MasterCard “PayPass” with the newly introduced Chase Paymentech
at 2,200 Canadian locations. This development is in response to
research indicating that almost half of adults carry $20 or less in their
wallet and that 86% want more cashless transactions. Tim Horton’s
has 2,724 restaurants in Canada and 340 in the United States. Chase
Paymentech is a payment processor and a single source for debit and
all major credit cards. It also provides payment solutions such as point-
of-sale and wireless terminals, electronic gift card programs and secure
e-commerce capabilities.

Survey Shows PCI Compliance Moving Forward

A survey conducted by Hughes Network Systems discovered that four out of five executives surveyed believed that their companies had made significant progress toward PCI compliance by addressing their point-of-sale and back-office systems. However, the vast majority had yet to achieve full end-to-end network PCI compliance. While the majority of respondents were not fully compliant, nearly all of those surveyed indicated they were familiar with PCI compliance and actively working to achieve it. Nearly 100 percent acknowledged that PCI compliance was important to their business. The Hughes survey consisted of written responses by 62 restaurant executives who visited the Hughes exhibit while attending Hospitality Magazine’s 2007 MURTEC tradeshow. Hughes Network Systems provides broadband satellite networks and services for large enterprises, governments, small businesses, and consumers.

EVERTEC Signs an Agreement with NYCE Network

EVERTEC, the ATH Network’s processing firm for Latin America and the Caribbean, signed an agreement with NYCE Payments Network, that will
enable purchases throughout the U.S. for holders of ATH debit cards
issued by ATH Network-affiliated banks and cooperatives in Puerto Rico
and the U.S. Virgin Islands. The new service will allow customers to use their ATH debit card and PIN to pay for purchases at any U.S. merchant that accepts NYCE. With this service, the ATH Network is expected to generate more than 1 million annual transactions in the U.S. The NYCE Network provides consumers with secure, real-time access to their money, connecting the accounts of more than 74 million cards with 275,000 ATMs, and 1.3 million point-of-sale locations nationwide.

SUPER CARD

A new banking card is being introduced in January that has a smart card chip, RFID chip and a magnetic stripe. Therefore, the new super card is capable of performing three types of VISA payments including contact EMV, EMV-based contactless and magnetic stripe data contactless. The new card from Gemalto is the first contactless product that meets VISA’s global contactless specification for interoperability.
This new card can also host additional applications, such as transportation, access control and loyalty. Gemalto says the new product will assist banks in addressing the cash market, by far the largest in terms of number of transactions.

VISA and the Chamber Wrap Up Security Tour

At the final stop of a joint, 12-city data security tour VISA USA and the U.S. Chamber of Commerce indentified five major causes of data breaches. The five leading causes of card-related data breaches include storage of magnetic stripe data; missing or outdated security patches; use of vendor supplied default settings and passwords; SQL injection; and unnecessary and vulnerable services on servers. The Chamber is currently distributing the VISA security alert to its full membership of small and mid-sized businesses nationwide. VISA and the Chamber of Commerce began the 12-city nationwide town hall tour titled, “Securing Our Businesses, Protecting Our Customers” on June 26th. (CF Library 6/26/06)

EDS & VISANET

EDS and Sao Paulo-based Visanet have tacked ten more years onto their relationship, inking a $209 million contract extension. EDS will continue to provide information technology and business process outsourcing services to manage and support Visanet’s merchant processing in the country. Visanet processes more than two billion VISA transactions per year and supports about one million merchants in Brazil. Visanet and EDS also jointly manage the company’s call
center, which handles more than 450,000 merchant calls per month to provide merchant services. Under the newly signed agreement EDS will also provide help desk services to assist Visanet merchants with
POS equipment technical support. Visanet is responsible for 58% of the transactions made with credit cards in Brazil.

EDS and Brazil’s Visanet Extend Contract

EDS and Brazil-based Visanet extended their relationship for ten more years under a $209 million contract extension. EDS will continue to provide information technology and business process outsourcing services to manage and support Visanet’s merchant processing in the country. Visanet processes more than two billion VISA transactions per year and supports about one million merchants in Brazil. Visanet and EDS also jointly manage the company’s call center, which handles more than 450,000 merchant calls per month to provide merchant services. Under the newly signed agreement EDS will also provide help desk services to assist Visanet merchants with POS equipment technical support. Visanet is responsible for 58% of the transactions made with credit cards in Brazil.