Alibaba Europe
China’s Alibaba Group has ankled two managing directors for its European expansion. Sébastien Badault is now the managing director of Alibaba Group France, and Terry von Bibra is now managing director of Alibaba Group Germany.
PSCU Board
PSCU announced the appointments of Cathy Pace, President and CEO, Allegacy Federal Credit Union, Winston-Salem, North Carolina; and Andrew Rosen, President and CEO, Hawaii State Federal Credit Union, Honolulu.
TSWG integrates EyeVerify Eyeprint Verification
EyeVerify, San Jose, California, Finovate start-up and TSWG (The System Works Group) from Brisbane, Australia announces that TSWG NetTeller Mobile Money will integrate with EyeVerify’s Eyeprint Verification across iOS and Android devices.
TSWG is a leading provider of secure and agile digital banking technology, and will integrate the patented Eyeprint Verification technology; which is available only from EyeVerify and provides a highly accurate, user friendly biometric authentication stack.
Exatouch Retail POS now EVO Snap Certified
XTT LLC announced its Exatouch® Retail POS software is now certified to the EVO Snap*™ payment services platform. Exatouch products are full-featured point-of-sale (POS) systems employing in-store *and* Cloud retail technology. Available through merchant services ISO partners, Exatouch integrates payment processing directly through EVO® Payments International’s Snap* and other platforms with no payment gateway required. Unlike Cloud-based iPad® and “app” POS products that are not PCI PA-DSS Validated, and therefore not PCI compliant, Exatouch is on the PA-DSS list.
ACI Worldwide and VocaLink Extend Relationship
ACI Worldwide announced the nine-year extension of its relationship with VocaLink national payment infrastructure to provide its managed service for 24,000 ATMs. By leveraging the flexibility of ACI’s industry-leading BASE24 and BASE24-eps ATM driving technologies, VocaLink’s complete managed ATM service provides cutting-edge services to its cash machine network and ATM deployer customers in a reliable, cost-effective manner, regardless of ATM type or configuration. The ATM Managed Service enables VocaLink’s customers to offer enhanced capabilities to their ATM end-customers, including such features as ATM Helpdesk, ATM Location Database, ATM Switching, International Card Networks and Mobile Phone Top-Up.
Fiserv Offers Secure Portal Analytics to Banks
Fiserv will offer Guardian Analytics FraudMAP solutions, delivering integrated behavior-based anomaly detection solutions to Fiserv consumer and business banking clients. The agreement provides Fiserv clients with a new option for strengthening layered security and meeting the Federal Financial Institutions Examination Council (FFIEC) expectations for anomaly detection. FraudMAP is widely deployed at leading financial institutions to proactively prevent consumer and commercial fraud. The solution protects against a wide range of account takeover threats including malware, phishing, social engineering, vishing, data breaches, as well as payments fraud. FraudMAP is rapidly deployed and is easy for financial institutions to incorporate into their operations.
TransCentra Names New President of Software, Technology
TransCentra, a leading provider of billing and payment software and services, has named Kevin Lee president of TransCentra’s software and technology group. Lee brings more than 15 years of experience in strategically guiding companies in the financial services technology industry, including leading several during times of rapid growth. Lee was previously president and CEO of CRE Secure, a leading cloud-based, secure payment solution, where he oversaw the organization’s technology development and overall strategic direction. Prior to CRE Secure, he was CEO of Skylight Financial, a prepaid debit card provider, where he was instrumental in growing and ultimately leading the sale of Skylight to Netspend to form Netspend Holdings in 2008.
Exatouch Retail POS Software System Deploys TSYS Processing
Exatouch Retail POS software systems are now available with integrated TSYS, offering merchant services providers (MSPs) of having a POS software system to offer retail merchants, XTT LLC developed tightly integrated, easy to deploy POS systems especially for MSPs. With no merchant processing revenue sharing, Exatouch uniquely enables MSPs to realize the full potential of their business model, including revitalizing equipment leasing revenue. The Exatouch Atom™ and Atom Classic are now available with TSYS® payment processing.
Intuit Launches mPayments Pilot
Intuit has launched its “Intuit Pay” pilot program, giving small businesses a secure and inexpensive way to accept card payments anywhere. Its being tested by hundreds of small businesses and includes a free mobile app with a low-cost chip and PIN card reader. The “Intuit Pay” solution is ideal for both brick-and-mortar businesses and those on the go – from tradesmen to taxis, and from markets to manufacturers. With it, merchants can accept credit cards anywhere, using a smartphone or tablet, a free app and the Intuit Pay chip and PIN card reader. It can also process credit and debit card payments instantly online from a computer. It is approved for chip and PIN payments by Visa and MasterCard.
Jack Henry Banking Moves Data Center
The Jack Henry & Associates Jack Henry Banking division announced it has moved all operations from its Lyndhurst, NJ item processing (IP) center to one of the company’s alternate processing facilities in Oklahoma City, OK. The Lyndhurst center was rendered inoperable due to widespread flooding caused by Hurricane Sandy. Over 100 of Jack Henry & Associates’ 1,300 core bank clients were impacted by the damaged IP center.
VeriFone Brings Finish Line Multimedia mPayment Options
The Finish Line is deploying VeriFone’s mobile checkout and multimedia-driven countertop payment solutions, f ollowing a successful trial, at all of its 638 locations equipped by mid-November when the holiday buying season begins. Finish Line is deploying 1,600 of the countertop multimedia MX 915 systems and 3,200 PAYware Mobile Enterprise secure mobile card acceptance devices for the iPod touch. Finish Line is completing a system-wide upgrade to the MICROS Systems xStore POS and MICROS miStore mobile Point of Sale, which are designed to increase sales associate productivity and build strong customer loyalty, and the new media-enabled VeriFone MX 915 customer-facing payment acceptance solution. The PAYware Mobile Enterprise card encryption reader, with integrated 2-D bar code scanner, works with all forms of electronic payment including magnetic stripe, chip and PIN, and contactless/NFC-enabled cards and phones.
i2c Payments Platform Serves 216 Countries & Territories
i2c payment processing and emerging commerce solutions issuing processing platform, MCP, now processes payment transactions for consumers in 216 countries and territories. MCP is a global payment processing platform from which companies can launch and manage card-based, virtual and mobile payment products. The company, which is certified with Visa and MasterCard for global processing, most recently helped clients in Latin America & the Caribbean, Africa and Asia go to market with new payment products. Last month i2c announced plans to bring a new data center online in Shanghai, China.