Worldpay & Paymetric
Worldpay and Paymetric have buddied up to launch a payments solution that will help businesses trade globally by integrating payments technology with ERP, CRM and legacy applications to reduce risk, cost and inefficiency.
Michael Carter/Silicon Prairie
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Michael Carter, Co-Founder and CMO of Silicon Prairie.
Payscape CTO
Atlanta-based Payscape has ankled Doug Hardman as Chief Technology Officer. In this role, Hardman will serve as the leading R&D innovator and visionary for Payscape merchant service solutions and SaaS-based products.
ClickPay NYC
NJ-based provider of SaaS-based payment and billing solutions for the property management industry has taken its message big time with multiple digital billboards throughout Times Square.
Digital River
CardWeb.com’s CardData database of Company Profiles today features Digital River.
Digital River
CardWeb.com’s CardData database of Company Profiles today features processor Digital River. The Company is a major provider of Commerce-as-a-Service solutions.
Hanseatic & CA
Hamburg-based Hanseatic Bank, a private bank, has picked CA Transaction Manager and CA Risk Analytics for card fraud prevention. Both are components of CA’s SaaS-based payment authentication solution.
ACI Gears Up to Acquire ReD
ACI Worldwide will acquire ReD for an all-cash purchase price of $205 million and expects the transaction to close in the middle of the third quarter, 2014. ReD is a leading ecommerce and fraud prevention company serving the payments industry. The company’s suite of solutions – ReD Shield®, ReD Fraud Xchange, ReD PRISM®, ReD Alerts, ReDi, ReD1 Gateway and LiveProcessor – helps customers drive up revenues while reducing fraud losses and increasing the efficiency of their fraud management teams. ReD serves retailers, issuers, acquirers, processors and switch networks globally. ReD has a compelling SaaS and transaction-based financial model, with over 80 percent recurring revenue.
Karali Implements NCR POS Software, Hardware
NCR announced Karali Ltd., one of the largest Burger King franchises in the U.K., has chosen its software and hardware solutions to help improve customer experience and the efficiency of its business across its 56 restaurants. Selected for its strong U.K. presence and innovative solutions, NCR will provide Karali with its latest NCR Aloha hospitality software suite, as well as NCR Pulse Real-Time and NCR Restaurant Guard to provide the latest SaaS-based mobile analytics engines. NCR has also deployed hardware that includes the NCR P1230 point-of-sale (POS) and a kitchen management system. The comprehensive suite of NCR software will help Karali provide insight into how the business is performing and customer engagement.
ACI Launches SaaS-Based EMV Lifecycle Management
ACI Worldwide announced the availability of its EMV lifecycle management solution, ACI UP Token Manager, as a Software as a Service (SaaS) offering for US debit issuers. ACI is the first vendor to offer a SaaS-based EMV lifecycle management solution, which comes on the heels of the US debit industry recently banding together on EMV deployment decisions, particularly for debit issuers. A SaaS-based EMV lifecycle management solution will enable issuers to dynamically modify and configure parameters for customers, enabling differentiation in the marketplace. ACI’s flexible new solution offers rich business functionality, delivering peace of mind to issuers by providing the benefits of an in-house deployment for data preparation. Unlike typical outsourced offerings, this cost-effective solution provides considerable value added services, such as online access to card, chip and application data for customer support as well as the ability to provide card supplier independence.
Datacard to Acquire Entrust on Transaction Security
Datacard Group signed an agreement to acquire Entrust. The acquisition builds on the strengths of each company to enable its customers and partners to deliver better services in highly connected environments. The acquisition is expected to close on December 31, 2013, subject to regulatory approval and customary closing conditions. The combined entity will employ nearly 2,000 professionals, leveraging hundreds of channel partners to serve tens of thousands of customers. Together the company will enable its customers to issue over 10 million physical identities daily, handle over 200 billion transactions a year, and manage billions of identities, including the majority of payment cards and identification solutions in more than 100 countries.
Bluefin Payment Systems to Introduce P2P Encryption
Bluefin Payment Systems is set to introduce a PCI-validated Point-to-Point Encryption (P2PE) solution validated through qualified P2PE assessor, 403 Labs, LLC, in 4Q/13. The PCI P2PE Standard requires a PCI-approved point-of-interaction device (POI) and HSM (hardware security module) key management; software solutions are not currently eligible for P2PE validation. Bluefin’s P2PE technology can be implemented in retail POS systems, in call centers, and in mobile devices and will interface with the company’s PayConex platform. This provides security features such as tokenization, end-to-end encryption (E2EE) and transparent redirection.