Other Breaking News
In today’s CardFlash News Que: NAB (Poynt); BUZZ POINTS (INOVA);
MASTERCARD (Hemas); and MasterCard (Africa).
AU10TIX BOS
Australia’s Lending Works is now offering higher standards in ID fraud protection, while streamlining onboarding and improving operating efficiency. AU10TIX BOS is the first and only 2nd generation ID authentication and record generation technology on the market today.
SAG & PayCommerce
Frankfurt-base Software AG (SAG) has inked NJ-based PayCommerce to use SAG’s Digital Business Platform to expand its world-class cross-border payments network. The global payments pro faster and more secure payment solutions: business-to-business (B2B), business-to-consumer (B2C), consumer-to-business (C2B) and global disbursements and collections.
iWallet Password
San Diego-based iWallet has linked up with NEXT Biometrics Group ASA to introduce a turnkey biometric identification solution, iWallet Password, based on NEXT Biometrics’ NB-3010-U ergonomic USB desktop fingerprint reader, a ready-to-use peripheral with USB interface designed to entirely replace passwords when logging into notebooks and tablets.
Datacard Milestone
Entrust Datacard has instantly issued over 2.1 million chip cards globally in 2015 utilizing Datacard® instant issuance hardware and associated software. That number is projected to grow as more financial organizations adopt the technology – especially within the U.S. where EMV migration is rapidly accelerating.
ICBA & [email protected]
CO-based CPI Card Group has inked a deal with the Independent Community Bankers of America (ICBA) as the ICBA Preferred Service Provider for instant issuance payment solutions. The expansion comes through ICBA’s recognition of CPI’s [email protected] technology.
[email protected] Payoff
TN-based EFT Source reports NJ-based Atlantic Stewardship Bank after implementing the [email protected] system realized a 7.32% year-over-year increase in interchange revenue within the first month. EFT Source is a provider of turnkey card programs and personalization services for ATM and debit cards for financial institutions.
[email protected]
Instant payment card issuance is gaining more popularity in the wake a recent data breaches. EFT Source’s [email protected] is a great example as NY-based Parks Heritage Federal Credit Union is implementing the solution.
EFT Source and Centier Bank Presenting on Instant Issuance
EFT Source ATM and debit cards solutions announced its president will discuss how instant issuance impacts customer service on Oct. 22 during the presentation “How Instant Issuance is Shaping Customer Service,” at SourceMedia’s 21st Annual ATM, Debit & Prepaid Forum (3:20 p.m. PT at The Bellagio Hotel). He will be joined by Jeremy Miller, regional vice president of Centier Bank, to discuss how instantly issuing cards establishes your institution as superior in providing convenient, responsive service, improves cardholder satisfaction and loyalty, increases activation rates and maximizes interchange revenue. EFT Source’s patented instant issuance solution, [email protected], enables financial institutions’ customers to simply walk into a branch and, within seconds, receive a fully functioning, active payment card. When a customer requests a card, the data is securely transferred from the branch location to EFT Source. The data is immediately processed and converted into an encrypted print file that is sent back to the branch electronically.
New Bank Implements EFT Source Card Issuing
EFT Source turnkey card programs and personalization services for ATM and debit cards for financial institutions, announced that Centier Bank launched its patented instant issuance solution, “[email protected]” Allowing Centier’s customers to walk into a branch and receive a fully functioning, active payment card, “[email protected]” ensures the data is securely transferred from the branch location to EFT Source. Immediately processed and converted into an encrypted print file that is sent back to the branch electronically, “[email protected]” encodes the data and prints the card allowing the customer to walk away with a ready-to-use, active debit card. The cardholder can immediately use the card and self-selected PIN at the onsite ATM, giving them added confidence that the card works on the spot.
Datacard Group Announces New Datacard Instant Issuance
Datacard Group secure ID and card personalization solutions made available its Datacard “CR500” instant issuance system, expanding Datacard Group’s portfolio of end-to-end financial instant issuance solutions. This allows banks, credit unions, retailers and service bureaus to print ready-to-use, flat financial cards on demand. The system, which offers enhanced encoding capabilities as well as superior image quality with retransfer print technology, turns blank white stock into highly customized, ready-to-use permanent payment cards instantly. It can print up to three different card types including credit, debit or ATM cards. It is also integrated with the patented Datacard® CardWizard® issuance software, which transfers all cardholder personalization data fully encrypted to the CR500 system.
Al Rajhi Bank Issues 15,000 Cards per Day with Gemalto
Gemalto digital security announced Al Rajhi Bank completed the main phase of the Dexxis Instant Issuance deployment program for on-the-spot EMV card delivery. With more than 500 branches equipped nationwide and over 15,000 cards issued daily, Al Rajhi Bank embarked on the largest rollout of any smart banking card instant issuance solution. Gemalto’s unique offer encompasses highly secure EMV DDA1 payment cards, a complete, mission-critical issuance solution along with a full set of services: training, end-to-end project management, maintenance and support.