The first ever company in the world to manufacture and offer three kinds of product line up from Barcode and RFID reader devices, printer equipped payment terminals, and industrial tablets is gearing up to light up the payments arena.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the Korean Air Skypass Signature Visa. The card is issued by U.S. Bank.
Universal Studios and American Express announced an expanded multi-year agreement that brings the strength of Universal’s theme parks and filmed entertainment together with its brand to create exclusive consumer benefits and experiences. Also allowing AmEx to acquire new Card Members directly through Universal theme parks and websites, this expanded partnership presents new and innovative marketing opportunities for both companies. The partnership will now include marketing opportunities that leverage Universal Pictures’ retail partners, consumer licensing and digital media platforms on a global basis. The partnership will continue to set the stage for ongoing offers and promotions for anyone holding an American Express Card, ranging from discounts at the theme parks to special once-in-a-lifetime entertainment experiences.
INSIDE Secure and Intrinsic-ID announced they are bringing to market a new class of secure microcontrollers for smart cards and other applications that apply Hardware Intrinsic Security™ (HIS) to provide the highest levels of security for cloud-based transactions. Hardware Intrinsic Security technology uses the unique attributes of a device to extract high quality security keys, which in turn make the process very secure. By combining INSIDE’s proven secure microcontroller designs with patented HIS technology from Intrinsic-ID, the companies will use the unique physical characteristics of each chip to protect cryptographic keys, and thus make the devices extremely hard to clone or reverse engineer.
Polaris Financial Technology announced Mashreq deployed its revolutionary Intellect Global Transaction Banking (GTB) platform. The integrated cash management platform through portal and backend modules allows the Bank to offer its customers’ transaction banking services on a single platform in multiple countries in the Region. With Polaris’ multi-country and multi-currency enabled Intellect GTB solution, Mashreq can offer new products such as liquidity and trade via a unified portal. The solution facilitates a global transaction banking implementation on a single instance of the application, improving the Bank’s ability to scale up transaction banking operations by three times their current capacity. Through this portal, the Bank offers a single window to their corporate clients for services related to accounts, payments, liquidity, collections and trade.
mopay mobile payment solutions for online merchants continued global expansion with two new representative offices in Asia. Located in Seoul, Korea and Jakarta, Indonesia, mopay’s expanded presence will support Asian online merchants to grow internationally. Since establishing its regional headquarter in Beijing in 2010, mopay has succeeded in building a well-trusted payment brand among Asian merchants, acquiring over 100 new clients in the region, including Tencent, Shanda Interactive and Changyou. Today, mopay is working with nine out of China’s top ten online game companies.
Wells Fargo announced Joe Saffire has been appointed head of its Global Banking operations in Europe, Middle East and Africa (EMEA). In his London-based role, Saffire will focus on growing the global banking business throughout the region as Wells Fargo expands its international services for U.S.-based commercial and corporate customers doing business in Europe, and for European companies with operations in the U.S. The Global Banking division provides financing options, risk and treasury management solutions, and trade finance services to middle market and large U.S. and foreign owned companies. Saffire spent 20 years with HSBC where he was most recently chief operating officer and head of international banking in Germany. A native of Buffalo, New York, Saffire received his bachelor’s degree from Boston College and an M.B.A. at the University of Buffalo.
PointsPay mwallet/mpayment solution was launched in October in conjunction with Etihad Airways, converting virtual currency such as miles and points into over 150 global currencies for use as payment at over 30 million merchants worldwide. PointsPay shows a rapid upswing of user adoption with 2.6% of the active program members registered; 148,000,000 points loaded (growing at 47% monthly); 3,400 prepaid cards issued; 24% of transactions carried out at merchants in store; and 83% of members remain with a positive points account balance after a transaction PointsPay was used at over 1,200 different merchants worldwide in 62 countries.
Citibank Korea rolled-out wheelchair-friendly ATMs, supplied by Chungho ComNet. This after Citibank Korea completed the implementation of voice-guided services and screen-expansion services for the visually impaired across all ATMs in 2010. Citibank Korea has now fully complied with the “CD/ATM Standards for Persons with Disabilities” established by the Bank of Korea’s Committee on Financial Information. Wheelchair users can use the machines from both the front and side.
Fime, a global leader in consulting and market integration testing services for NFC solutions expanded in Asia with the opening of its NFC mobile test laboratory in Seoul, South Korea and will accommodate the growing demand for EMV testing of NFC mobile phones. FIME will work with mobile device manufacturers and network operators to provide integration testing and certification services, ensuring that NFC-enabled handsets are fully interoperable and compliant with industry standards and EMV payment specifications prior to market release. The new facility will complement FIME’s existing network which includes ISO 17025 accredited laboratories, and research and development centres in France, Taiwan, Canada, India and Dubai which serve the company’s global customer base.
GuestLogix onboard retail and payment technology solutions to airlines and the passenger travel industry deployed its Global Payment Services technology to support a large European airline’s onboard retailing programs. The airline will be using the GuestLogix’ Global Payment Services, in conjunction with the Company’s onboard retail technology platform, to process credit card transactions onboard. This large European airline has been using GuestLogix’ onboard retailing technology and point-of-sale (POS) handheld devices since 2008. GuestLogix’ Global Payments Services enhances its customers’ existing onboard retail programs by enabling airlines and travel operators to transact onboard, or at any travel touch point with the highest level of security, while adhering to evolving global payment certification requirements.
GuestLogix onboard retail and payment technology solutions to airlines and the passenger travel industry is set to deploy its onboard retailing technology and POS handheld devices to power Jet Airways’ in-flight duty free program, JetBoutique, in conjunction with Inflight Sales Group (“ISG”), a global pioneer of airline concession operations. The Jet Airways implementation represents more than 14 million annual passenger trips for GuestLogix. The Indian carrier will use the integrated solution to manage cash and credit card payments of duty free items onboard.