Lombard Risk Management launches Dodd-Frank Act Engine

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Lombard Risk Management, a leading global provider of integrated collateral management and liquidity, regulatory and MIS reporting solutions for the financial services industry, addresses Title VII of Dodd-Frank Act with its Dodd-Frank Act Engine solution. The Lombard Risk Dodd-Frank Act Engine solution is designed to address Title VII “Wall Street transparency…

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EasyDraft Partners, Expands Payment Processing

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cirrus Group LLC, based in Rochester Hills, Michigan, is pleased to announce a new partnership with EasyDraft of Charlotte, NC. Through this new partnership, Cirrus Group LLC can now provide EasyDraft’s electronic payment features as fully integrated services within their Daycare Works platform of management solutions. “Cirrus Group is proud to…

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EMVCo Recognizes GlobalPlatform Compliance

The GlobalPlatform Compliance Program for validating secure elements (SEs) has been recognized by EMVCo as an integral part of mobile payment certification. GlobalPlatform standardizes the management of applications on secure chip technology. Launched in 2011, the certification program confirms SE will perform as outlined in the GlobalPlatform Specifications and promotes the creation of a globally interoperable and secure multi-application environment. EMVCo will undertake the required tests to validate the Application Activation User Interface to ensure the end-user can easily select their preferred payment provider via the mobile handset screen.

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Absa ATM overhaul Underway with Bytes

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Absa Group Limited, the largest retail bank in South Africa, has contracted Bytes Managed Solutions, which exclusively distributes and supports financial service solutions from NCR Corporation, to overhaul its entire ATM network across South Africa over a three-year period, and provide ongoing IT services and support for the next five years.…

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Wincor Nixdorf Provides Montepio Bank cash recycling

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wincor Nixdorf is to install 105 cash recycling systems from the new CINEO generation at the branches of Montepio Bank, one of Portugal’s leading banks. Rollout of the systems, which are equipped with passbook processing and cash/check deposit modules, has already started and will be completed in April 2012. Following installation,…

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G&D Zeroes-In NFC and Subscription Management

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] At the Mobile World Congress to be held in Barcelona, Spain, Giesecke & Devrient (G&D) will be presenting its comprehensive portfolio of end-to-end solutions for ensuring the security of mobile digital applications. G&D will be using real-life examples to highlight its proven, cutting edge solutions, technologies and products for securing converging…

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Elavon Deploys Tokenization Gateway Solution

Elavon global payments provider partnered DataCash to launch its “Global E-commerce Gateway” solution tp expand payment options and reduce fraud for businesses accepting e-commerce payments. The Global E-commerce Gateway implements fraud management services which provide industry-leading, end-to-end fraud monitoring, detection and prevention precisely tailored to the needs of businesses to mitigate their fraud exposure for any payment type, industry sector and geographic market. The gateway ultimately provides a single interface to connect to multiple traditional and alternative payment processors, with tokenization to mitigate PCI compliance validation.

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Datacard to Debut SIM Card Personalization

Datacard Group secure ID and card personalization solutions made available its “MPR3800 GSM” card issuance personalization system. The “MPR3800 GSM” card issuance system provides an ideal and cost effective solution for centralized SIM card operations. It can compose 3,400 cards-per-hour, a variety of smart card coupler options and double SIM card personalization capabilities. The “MPR3800” system is part of the Datacard Secure Issuance Anywhere platform, which provides customers the flexibility to issue and replace and deliver cards anytime, anywhere, with complete security.

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Hanse Orga upgrades FinanceSuite Payment Management

Hanse Orga announced its latest version 2.4 for its FinanceSuite Payment Management. With this, functions have been enhanced and new functions have been added, including central control of the group-wide payments having been made much more flexible. Also, all transactions can be viewed more easily in the central worksheet, allowing users to automatically start management reports directly from the central worksheet. Users can also flexibly define the recipients and determine which documents should be attached to the respective e-mail. Then, the e-mails are automatically created and sent with the relevant attachements.

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BoxPAY m-payments Stretches Across Pond

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] BoxPAY, a mobile payments provider for web merchants, game developers, and other e-businesses, has announced the opening of their new North American base in San Francisco, California. The office is in place to manage US and Canadian-based web merchants who are looking to use the boxPAY product to bill in 40…

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January Bankruptcy Filings Down 14% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bankruptcy filings were down 14% in January from the year ago period of 102,175 to 87,946, a 9% drop from the 96,264 filings the prior month. Meanwhile, total commercial filings for January 2012 fell 20% to 4,967 from 6,203 recorded in January 2011. The average nationwide per capita bankruptcy-filing rate for…

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