Princeton Payment Solutions (PPS) announced that Info Security Products Guide, the industry’s leading information security research and advisory guide, has named its “PANPAD” a winner of the 2012 Global Excellence Awards in the New Product Launch Category. The security industry celebrated its 8th Annual 2012 Global Excellence Awards in San Francisco by honoring excellence in every facet of the industry. The Princeton Payment Solutions PANPAD allows card data to be encrypted at the point of entry, effectively removing all order entry and research terminals from PCI scope. Many current solutions use tokenization of payment data to segregate most of your IT infrastructure from PCI scope, but order entry terminals have remained a long-standing concern. The PCI certified PANPAD cloaks payment card information at the terminal.
Sprint is launching its “Sprint Biz App Marketplace” at http://marketplace.sprint.com. The self-service portal gives customers the ability to browse and purchase a variety of applications targeted specifically to address businesses’ mobile application needs. Businesses can discover and acquire applications that Sprint has vetted as trusted and appropriate to a business customer, including those for location, navigation, fleet asset and time tracking, wireless payments, workflow and productivity. To quickly guide customers towards solutions that are relevant to them, users can find applications by industry or search by type, keyword or provider. Mobile business applications are available through Sprint Business, which is composed of sales, support, marketing and operations personnel solely dedicated to enterprise, small- and medium-sized business and public sector customers.
NJ-based Commerce Bancorp has renewed and expanded its ATM hardware, software and services agreement with NCR Corporation. Under the terms of this new agreement, Commerce will deploy NCR Personas M Series ATMs with NCR’s APTRA software. In addition to traditional maintenance, cash replenishment services and currency management, Commerce will also receive Incident Management and Help Desk services. Commerce operates 450 store/branch locations and deploys more than 650 ATMs in nine states and has $47.4 billion in assets.
Cherry Hill, NJ-based Commerce Bank reports that it issued more than 220,000 “VISA Gift Cards” since the launch of its program in November. The cards carried a total value of $14.5 million, making it one of the most successful general purpose gift card launches to-date. The Bank projected sales of 80,000 to 100,000 cards during the holidays. The new “Commerce Bank VISA Gift Card” is offered without conversion, expiration, reissue and other fees. The card was also delivered in upscale packaging during the holidays. Commerce Bank has 319 retail locations. It says an average of 30 gift cards were sold daily per store during December.