eCommLink and VAT Target Payroll Cards

Prepaid processor eCommLink and OR-based stored value solution provider
Virtual Automated Technologies have partnered and integrated platforms
to offer prepaid solutions for the payroll and incentive markets.
The first programs that eCommLink will process for VAT are prepaid
payroll cards to enable businesses to offer direct deposit to their
employees who do not have a traditional bank account Prepaid debit
cards for multi-level marketing commission payments, payday loans, and
consumer rebate and incentive programs will also be offered through this
partnership.

EFT PLUS

ST&J Retail has released
the first installations of EFT Plus, a payments solution designed to
address North American Electronic Funds Transfer (EFT) requirements and
deliver Chip & PIN compliance for merchants in Canada. This initial
release of EFT Plus is specifically
designed for retailers using IBM’s 4690 POS platform and addresses the
mandatory security standards introduced by Visa, MasterCard and Interac
standards designed to reduce fraud and administration costs for
merchants as well as protect cardholder information. EFT Plus was
developed based on focus group sessions with 4690 POS
retailers (approximately 20% of the POS installed base in North America
is 4690), and leverages their investment in 4690 technologies. The
solution delivers value to both merchants and consumers by addressing
Chip and PIN compliance standards including global interoperability and
streamlining the customer experience at the cash register.
EFT Plus has been certified in Canada with Global Payments.

EFT PLUS

ST&J Retail has released
the first installations of EFT Plus, a payments solution designed to
address North American Electronic Funds Transfer (EFT) requirements and
deliver Chip & PIN compliance for merchants in Canada. This initial
release of EFT Plus is specifically
designed for retailers using IBM’s 4690 POS platform and addresses the
mandatory security standards introduced by Visa, MasterCard and Interac
standards designed to reduce fraud and administration costs for
merchants as well as protect cardholder information. EFT Plus was
developed based on focus group sessions with 4690 POS
retailers (approximately 20% of the POS installed base in North America
is 4690), and leverages their investment in 4690 technologies. The
solution delivers value to both merchants and consumers by addressing
Chip and PIN compliance standards including global interoperability and
streamlining the customer experience at the cash register.
EFT Plus has been certified in Canada with Global Payments.

Citi Launches Paylink & Obopay Pilot

Citi announced the launch of “Citibank Paylink for Commercial Cards” and the launch of a pilot of a new mobile person-to-person money transfer service with Obopay. “Citibank Paylink for Cards” integrates a purchasing card into a client’s accounts payable system. The MasterCard “Payment Gateway” acts as the network between Citi, the buyer and the supplier. Prior to the availability of this new service, buyers had multiple interfaces and inefficiencies in their payment processes.
Beginning this week, the Citi Obopay mobile payment service will be offered to all Citibank customers in the U.S., with a focus on Boston, Chicago, Maryland, Philadelphia, and New Jersey. Citi says this is the first time that a real-time, person-to-person mobile money transfer service with the ability to link directly to a bank account has
been offered in the U.S. By using a phone’s Web browser, SMS text messaging or the downloadable mobile application, customers can send and receive money nearly instantly needing only the mobile phone numbers of friends and family members.

Elavon Lands L’Occitane’s Processing

Elavon has completed the rollout of its Electronic Check Service, back-office conversion and gift card services
at specialty retailer L’Occitane’s 166 boutiques across the United States.
Elavon’s “ECS” solution provides retailers a choice of check imaging methods, including point of purchase
(POP), back office conversion (BOC), and accounts receivable conversion
(ARC). In addition, Elavon’s ECS offers real-time processing that
systematically leverages three processing methods including direct
Demand Deposit Account access, Automated Clearinghouse Processing, and Check Replacement Document processing
using traditional
banking networks. The “Electronic Gift Card” solution integrates seamlessly into
any operating environment and can be tailored to deliver online and
in-store functionality. It also supports online gift card registration
by consumers and maximizes gift card sales
with a complete package of marketing features to insure that gift cards
become a revenue-generating solution.

PAY LINK NEW VP

E-payment provider Pay Linx has hired Jason Anderson as VP of Compliance, Security and Director System Operations. In
this role he will be actively involved in a number of initiatives as Pay Linx internalizes and enhances key applications to support its long term growth. He served most recently as Director of Engineering
Services with a leading provider of cryptographic solutions, where he managed the roadmap of new projects and technologies in the financial payment security industry. He has overseen the successful development of a number of devices designed to enhance the security of PIN-based transactions. Pay Linx, which is 22% owned by Royal Bank of Canada,
provides services to RBC for Canadian governments through QuickLinx
replacing cheque and voucher payments.

Fiserv has Signed Four Credit Unions on as Clients

Fiserv has signed four credit unions on as clients and three existing clients will transition to a different Fiserv core system.
The division’s newest core system signings include MI-based Menominee Area Credit Union which will convert
to the “OnCU” system, along with the productivity-enhancing Wisdom GL
and 5300 Call Report Assistant; TX-based NCI Community Development Credit Union has also chosen the “OnCU” system for its ease of use, low
cost of ownership, and ability to operate in remote locations through
secure VPN connections. The credit union is complementing its core
system with several value-added solutions including “Fiserv EFT” for
online debit card transactions and “Paytraxx” bill payment. TX-based Bluebonnet Credit Union and OH-based Millstream Area Credit Union have also signed on. In addition to these new client relationships, three existing credit
union clients chose to implement a new core processing solution from
within the Fiserv family of products. LA-based First Castle Federal Credit Union will transition from
its current Fiserv core platform to the Premier core solution. this
month. TX-based United Energy Credit Union will soon move to Fiserv’s Galaxy system, along with a host of best-of-breed solutions including
Netbranch home banking, e-statements and e-notifications, and the MR
Plus Call Center and CA-based Pasadena Service Federal Credit Union will move from
Fiserv’s in-house “CUSA” core system to the “Premier” service bureau
solution.

Walgreens has Selected Bank of America’s ePayables

Drugstore chain Walgreens has selected Bank of America’s “ePayables” payment management system. “ePayables” is a Bank of America electronic payments and remittance
delivery solution for corporates. It can lower payment processing costs,
reduce risk, and improve productivity for clients by making payments and
delivering remittance data to vendors electronically. The “ePayables” service seamlessly interfaces with Walgreens’ accounts
payable systems and processes with minimal impact on its technology
resources. It also enables Walgreens to cut payment processing costs,
improve cash flow, and earn rebates based on transaction volume.

Ounce Labs Appoints Jack Danahy to Board of PCI SVA

Source code analysis Ounce Labs has appointed Jack Danahy, co-founder and CTO, to the board of directors of the Payment Card Industry Security Vendor Alliance. Board members of PCI SVA will collaborate with the retail and payment card industries to develop the most efficient, yet technically secure means
for merchants to meet Payment Card Industry Data Security Standard (PCI
DSS) requirements. Currently, there are no organizations assisting
merchants that are capable of meeting the solutions for PCI DSS 1.2
compliance. The board will work in concert with PCI SVA’s newly-formed
Technical and Validation committees to provide merchants with hands-on
tools to assist them in addressing the security aspects of PCI DSS version 1.2. Danahy is a frequent speaker and writer on information security topics and has been a contributor to the U.S. Army War College, the Center on Law, Ethics and National Security, and the House Subcommittee on Information Technology. He will play a pivotal role in promoting strategies and the business benefits of PCI DSS compliance.

CashEdge Deploys GoldenGate Live Standby

GoldenGate Software Inc., a leading
provider of high availability and real-time data integration solutions,
announced that CashEdge Inc., the leading provider of online
financial applications to banks, credit unions, brokerage and wealth
management firms, has deployed the GoldenGate Live Standby solution for
disaster tolerance in a proactive approach to keeping mission critical
applications operating during planned and unplanned outages, while
successfully meeting customer service level agreements (SLA).

Software as a Service (SaaS) provider CashEdge specializes in online
account opening and funding, funds transfer and data aggregation
solutions for banks, credit unions, and wealth management firms.
CashEdge provides applications to over 600 financial institutions. The
company’s money movement applications process nearly $1 billion each
week in funds transfers and also manages a large amount of sensitive
customer data. By implementing GoldenGate’s software solution, CashEdge
has ensured that its customers’ data is highly available and in the
event of a failure or outage at the primary system, end-users can be
redirected to the backup system, which is immediately ready and
available to support users.

“With our software supporting such a high level of critical
transactional information, it is crucial that CashEdge is prepared in
the event of an outage or disaster,” said Burak Yenier, senior director
of operations for CashEdge. “With the GoldenGate solution, we are able
to replicate transactional data in near real-time from our Oracle 10g
RAC database into a secondary live standby system. We can now
confidently guarantee our customers the reliability and availability
they need. With our newfound confidence, we’re looking to deploy
GoldenGate solutions for other projects throughout the organization.”

After implementing the GoldenGate Live Standby solution, CashEdge
decided to take advantage of the fresh data it now has available in the
secondary system, for reporting and analytics. Utilizing a custom
developed extract, transform and load (ETL) process, CashEdge moves the
data provided by GoldenGate Software from the live standby system into a
data warehouse for reporting via Oracle Business Intelligence Enterprise
Edition (OBI EE) dashboards. Reporting off the warehouse allows CashEdge
to perform business intelligence without putting a strain on the
production system.

“CashEdge is a great example of an organization that selects GoldenGate
for a particular pain point and quickly begins to expand its use based
on the flexibility of the product,” said Sami Akbay, vice president of
product management and marketing for GoldenGate. “The ability of the
GoldenGate products to work seamlessly across multiple implementations
and environments is unique and provides tremendous flexibility for IT
operations, as well as strategic advantage for our customers business.”

About GoldenGate Software

GoldenGate Software Inc. is a leading provider of high availability and
real-time data integration solutions for improving the availability,
accessibility and performance of critical data across heterogeneous
enterprise IT environments. More than 400 customers worldwide, including
Visa, Bank of America, US Bank, UBS, Sabre Holdings, DIRECTV, Comcast,
Federated Investors, Mayo Foundation and Overstock.com, standardize on
GoldenGate solutions for real-time access to real-time information. The
company broadens its global market reach through relationships with ACI
Worldwide, Amdocs, Cerner, Fujitsu, GE Healthcare, HP, IBM, Ingres,
Microsoft, Oracle, Teradata and others. For more information, visit
www.goldengate.com.

CITI COMM CARDS

Citi India has launched “Citibank Commercial Cards,” a comprehensive
expense management tool for corporate clients
front ended by a unique, chip-embedded commercial card for enhanced
security. The “Citibank Commercial Cards” proposition offers automated
reporting capabilities, specialized travel management solutions, greater
control and visibility of expenses, financial savings and the Global
Service Network.

VIVOTECH NFC OTA

NFC platform provider ViVOtech announced that its NFC mobile payment wallet,
Over-the-Air payment, coupon delivery and redemption technologies
are being used jointly by NETS, SingTel and United Overseas Bank,
for an ongoing NFC mobile phone payment trial in Singapore. In the pilot program,
SingTel users can download a SingTel wallet
application that will allow them to store and top up value on the mNETS
payment application in their phones at any time. Users are then able to
make payments using “NETS FlashPay” by merely flashing their SingTel
mobile phones at more than 500 participating merchants island-wide.
The SingTel wallet is also equipped with an electronic coupon
application that provides SingTel customers with discounts and other
incentives and freebies. A simple flash of NFC-powered mobile phone on
“mNETS” posters or at other smart billboards will initiate an OTA download
of the “mNETS” Coupon that is affiliated with the promotion. Again, users
simply flash the coupon on “NETS FlashPay readers” for the coupon to be
automatically redeemed. To date, ViVOtech has enabled more than 25 NFC phone trials globally.