i2c announced that Jifiti- allowing consumers to turn physical goods into digital gifts- is using its platform for open-loop prepaid processing.Jifiti was created to make gift giving more thoughtful, flexible and convenient. The app allows a user to select an item in the app or in-store by scanning a bar code and send it digitally as a gift to any recipient via e-mail, text or Facebook. The recipient can select their ideal size and color or choose an entirely different item to redeem. Users can also add products to a wish list which others can purchase for them individually or by chipping in as a group.
American Express Cardmembers and merchants will have access to Twitter advertising for small business when it launches late March. American Express will give $100 in free Twitter advertising when using this solution to the first 10,000 eligible businesses that register starting at ads.twitter.com/amex. These businesses will be able to use Twitter’s advertising products to engage with current customers and reach new ones. American Express Cardmembers and merchants will have early access to this advertising solution, and the first 10,000 eligible businesses that register on ads.twitter.com/amex will receive $100 in free ads when using this solution.
EastPay’s Information Interchange 2012 is a conference that provides attendees with the strategies to maximize business efficiencies, improve payment processes, reduce risk, and increase client satisfaction. To be held February 26 – 28 at the Wyndham Orlando Resort in Orlando, this payments industry conference targets payments professionals from financial institutions as well as corporations and government entities. Sponsored by ACH Alert, Digital Transactions, Federal Reserve Financial Services, and NACHA, the Conference will focus on Operations and Technology, Risk and Compliance, and Treasury Management.
Williams-Sonoma and Barclaycard launched a co-branded Visa credit card and loyalty program. Allowing cardholders to earn reward points for purchases made everywhere Visa is accepted, rewards can be redeemed for culinary themed awards including Williams-Sonoma gift cards, statement credits for recent Williams-Sonoma purchases, customized travel packages, and cooking events at select Williams-Sonoma stores. The “Williams-Sonoma…
Member Solutions credit card processing and member communication has launched its “Event Manager” group level registration to its online event registration system. The “Event Manager” is used by organizers to market and manage recurring and one-time events such as tournaments, camps, meetings, conferences, and class registrations. The web-based tool is fully integrated with Member Solutions’ PCI-compliant payment processing platform and gives users a simple, single interface to efficiently carry out registration sales, event merchandise transactions, communication, data management, and marketing. With this, its simplicity with new capabilities allow team and group administrators to accept payment from multiple registrants in one centralized location.
SwiftKnowledge web-based business intelligence (BI) software is deploying its “SwiftKnowledge for Banking On Demand” cloud computing-based suite. This will help banks identify and manage risk; enhance customer insight; and improve product, pricing and channel efforts. The “SwiftKnowledge for Banking On Demand” platform offers pay-as-you-go pricing, fast deployment, support of industry standards, reduced in-house IT support requirements, and out-of-the-box integrations with major banking core processors. It also provides greater visibility so bankers can better predict, prevent and respond to critical opportunities or challenges. It integrates with any core or ancillary banking system, and provides the key BI applications needed to run today’s finely tuned bank.
Certain Software event management solutions has been awarded PCI Service Provider Level 1 Compliance for the fourth consecutive year through an on-site audit by the PCI approved Quality Security Assessor Coalfire. Certain Software is a provider of event management solutions for the global meetings and events industry. Certain’s innovative solutions deliver streamlined processes, reduced expenses, greater return on investments, and improved overall value of meetings and events to meeting and event professionals. Certain has operations and sales offices in North America, Europe and the Pacific Rim.
Guiding the creation of strong identity management foundations for citizen and government identity programs is the focus for the coming year, the Smart Card Alliance Identity Council said recently. The Identity Council also announced new officers and a steering committee, and recently held a workshop on the Personal Identity Verification (PIV) Interoperable (PIV-I) card at its 9th Annual Smart Cards in Government: Identity, Security & Healthcare Conference in November in Washington D.C. The Identity Council is made up of more than 80 individuals from over 40 end user, chip vendor, systems integrator, card vendor, biometrics provider, identity system and software vendor organizations. With more than 800 registrants and 50 exhibitors and sponsors, the 9th Annual Smart Cards in Government: Identity, Security & Healthcare Conference is the largest annual event for the government identity and security sector.
The New York MTA is kicking off its 90-day pilot program for Access-A-Ride customers with the prepaid Chase Visa Card to pay for taxi service on regularly scheduled, pre-planned trips. Four hundred Access-A-Ride registrants have volunteered for the pilot program that includes pick-up and drop-off locations in Manhattan below 96th Street. With the prepaid card, these customers will be able to hail any yellow cab to take them to and from their destination. The volunteers are all ambulatory customers on Access-A-Rideâs subscription service, which means they do not use wheelchairs and travel to and from the same place on a regular basis. The MTA expects to reduce the cost per trip by nearly 70% by using yellow cabs instead of transporting them on more costly Access-A-Ride vans. JPMorgan Chase worked with Transit to develop an electronic debit card for these customers and has since been processing the cards and mailing them out to customers.
Providing expertise on the use of PIV-I cards with physical access control systems (PACS) beyond the federal government to state and local governments and the private sector will be a top priority for the coming year, the Smart Card Alliance Physical Access Council said, announcing its new officers and steering committee. The Council also announced a workshop on PIV-I credentials at the 9th Annual Smart Cards in Government: Identity, Security & Healthcare Conference in November in Washington DC.
“Non-federal government and commercial organizations are now looking at how to leverage the smart card-enabled federal government FIPS 201 Personal Identity Verification (PIV) credential standard to implement trusted, interoperable identification credentials. As a result, we’re making education on PIV interoperable credentials a focus, helping organizations understand how they can be used with existing or new PACS systems,” said Physical Access Council Chair Lars Suneborn, Hirsch Electronics. “Our first step to this end is the PIV-I workshop next month, and an accompanying white paper coming out soon.”
The workshop, “PIV-I Credentialing Workshop: Strategies for the Implementation of PIV-I Secure Identity Credentials” will be held on Tuesday, November 16th from 8:30 a.m. to 5:00 p.m. and includes lunch. This full-day, interactive Smart Card Alliance educational workshop will explain the requirements of PIV interoperable identity credentials and examine real life business applications and usage models for implementing trusted identity credentials that comply with the technology, credential issuance policy, and security infrastructure for secure access applications.
“The Physical Access Council has become the go-to resource for guidance on challenging access control issues,” said Randy Vanderhoof, executive director of the Smart Card Alliance. “The Council also provides direct input to government organizations on how new technologies and policies impact current and next generation physical access control systems.”
Physical Access Council white papers published this year, “FICAM in Brief: A Smart Card Alliance Summary of the Federal Identity, Credential, and Access Management (FICAM) Roadmap and Implementation Guidance” and “Authentication Mechanisms for Physical Access Control Systems” are available on the Smart Card Alliance Web site.
The Physical Access Council elected new officers and steering committee representatives in October. The Council is made up of more than 140 individuals from over 55 organizations spanning government agencies, smart card and software manufacturers, reader manufacturers, physical access control system manufacturers, systems integrators and biometrics solutions providers. New officers are:
Chair: Lars Suneborn, Hirsch Electronics
Vice Chair: David Nichols, HID Global
Secretary: Salvatore D’Agostino, IDmachines
The newly elected 2010/2012 Steering Committee is:
Salvatore D’Agostino, IDmachines
Tony Ferguson, Bioscrypt / L-1 Enterprise Access Division
Bob Gilson, Defense Manpower Data Center (DMDC)
Walter Hamilton, Identification Technology Partners
Kevin Kozlowski, XTec, Inc.
Lolie Kull, HP
Bob Merkert, SCM Microsystems
David Nichols, HID Global
Steve Rogers, Intellisoft, Inc.
Adam Shane, AMAG Technology
Mike Sulak, Department of State
Lars Suneborn, Hirsch Electronics
With more than 800 registrants and 50 exhibitors and sponsors expected, The 9th Annual Smart Cards in Government: Identity, Security & Healthcare Conference is the largest annual event for the government identity and security sector. This year’s conference will be held November 16th through the 19th at the Walter E. Washington Convention Center in Washington, DC. Details on the agenda, pricing, sponsors and exhibitors, and registration can be found on the Smart Card Alliance Web site.
About the Smart Card Alliance Physical Access Council
The Smart Card Alliance Physical Access Council is focused on accelerating the widespread acceptance, usage, and application of smart card technology for physical access control. The group brings together, in an open forum, leading users and technologists from both the public and private sectors and works on activities that are important to the physical access industry and that will help speed smart card adoption in this important market.
About the Smart Card Alliance
The Smart Card Alliance is a not-for-profit, multi-industry association working to stimulate the understanding, adoption, use and widespread application of smart card technology.
Through specific projects such as education programs, market research, advocacy, industry relations and open forums, the Alliance keeps its members connected to industry leaders and innovative thought. The Alliance is the single industry voice for smart cards, leading industry discussion on the impact and value of smart cards in the U.S. and Latin America. For more information please visit http://www.smartcardalliance.org.
Ways to improve national cybersecurity and healthcare IT practices will be added to an expanded agenda at the 9th Annual Smart Cards in Government: Identity, Security & Healthcare Conference, the Smart Card Alliance said. Government and industry leaders will provide the latest information and updates on these topics, as well as on the use of federal Personal Identity Verification (PIV) and PIV-I (Interoperable) credentials, homeland security identification, access control, and identity programs such as Federal Identity, Credential, and Access Management, National Strategy for Trusted Identities in Cyberspace, Nationwide Health Information Network, Transportation Worker Identification Credential, First Responder Authentication Credential, and biometric social security cards. With more than 800 registrants and 50 exhibitors and sponsors expected, the conference is the largest annual event for the government identity and security sector.
American Express reports that delinquency for its U.S. credit card business remained steady in September, after rising for six straight months. Charge-offs declined for the fifth straight month, dropping 60 basis points during September. Assuming that delinquencies continue at current levels, and bankruptcies increase somewhat, AmEx believes that the managed net write-off rates for the third and fourth quarters will likely remain below 10%. U.S. Card delinquency (30+ days) held steady at 4.1% in September. Delinquency peaked at 5.3% in February. The charge-off ratio dropped from a peak of 10.1% in April to 10.0% for May, 9.9% for June, 9.2% in July, 9.0% for August to 8.4% for September. Managed card loans for the U.S. market at the end of September declined to $51.9 billion, from $53.0 billion in August and $52.9 billion in July. For the second quarter AmEx posted charge-offs on managed U.S. card loans of 10.0%, compared to 8.5% for 1Q/09 and 5.3% for 2Q/08. Delinquency (+30 days) dropped 70 basis points sequentially to 4.4% for the second quarter, but remain 110 basis points higher than one-year ago. For complete details on American Express’ second quarter and monthly performance, visit CardData (www.carddata.com).
American Express U.S. Card Metrics
Jan 09: 5.1% 8.1%
Feb 09: 5.3% 8.6%
Mar 09: 5.1% 8.8%
Apr 09: 4.9% 10.1%
May 09: 4.7% 10.0%
Jun 09: 4.4% 9.9%
Jul 09: 4.2% 9.2%
Aug 09: 4.1% 9.0%
Sep 09: 4.1% 8.4%
Source: CardData (www.carddata.com)