iPipeline’s Expands Cloud-based POS Solution

iPipeline on-demand marketing, selling and processing solutions for the nation’s top insurance carriers, distributors and producers, announced that Columbus Life Insurance, a top-rated provider of retirement, estate planning, and advanced business planning services, has selected iGO e-App to automate and streamline business processes for independent producers.

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Intuit Intros Small Biz Facebook ‘Store Front’

Intuit is offering a new way for small businesses to increase online sales with Intuit “SimpleStore” for Facebook. SimpleStore users can establish a professional-looking store as part of their business page for free and automatically sync merchant’s website and Facebook page. With Americans spending more than 50 billion minutes on Facebook a month, small business owners have an enormous opportunity to leverage the platform and engage with consumers. It also streamlines the payments process through the Intuit “Web Payment” platform.

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Ingenico Implements Contactless MasterCard Rail Payments

Ingenico payment solutions kicked off its new card payment system for public transportation with MasterCard M/Chip Advance, hailed as the Esparacard project. With this, Ingenico designed and supplied both the hardware and software payment solutions of the new ticketing system for POS terminals and certified MasterCard “M/Chip Advance” for contactless card payments. The Esparacard is a pre-paid card with both contact and contactless features, and is also part of MasterCard M/Chip Advance worldwide’s new payment platform used in transportation.

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Momentum Credit Union Implements Fiserv Platform

Fiserv financial services technology solutions announced Momentum Credit Union implemented its “Acumen” core banking solution. The credit union transitioned from two former platforms that it had maintained since the incorporation of an area credit union in December 2010. Leaders for the $200 million credit union said the Acumen conversion has brought the organization together as one by aligning its front- and back-office operations, streamlining the sales and administrative processes. The “Acumen” solution is scalable and features an open architecture, advanced functionality and superior ease of use, plus the ability to cost-effectively scale as credit unions grow.

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LCH.Clearnet appoints New CEO of CDSClear

LCH.Clearnet SA has appointed Charlie Longden CEO of CDSClear credit default swap (CDS) clearing service. Charlie joins LCH.Clearnet from Markit where he was managing director of fixed income, heading up the development of new credit services, including Markit’s new evaluated bonds platform, as well as managing the CDS product in Europe. He will lead the development of CDSClear within the context of the evolving regulatory landscape. He joined Markit in 2008 from ABN Amro where he was global head of credit trading and eco-markets where he was instrumental in the establishment of key initiatives.

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OGONE PAYMENT SERVICES APPOINTS BOARD MEMBERS

Ogone payment services announced the appointment of two new non-executive board members – Ali Kutay and Jay McGonigle. Kutay was most recently Senior Vice President at Oracle Corporation. Kutay was the Chairman and CEO of GoldenGate Inc. from 2004 until its acquisition by Oracle in September 2009. Previously, from 1999 to 2003, Mr. Kutay was the Chairman and Chief Executive Officer of AltoWeb, Inc., a provider of e-business infrastructure software. McGonigle is the former Chairman and CEO of the Corporate Executive Board Company and an adjunct professor at Georgetown University’s McDonough School of Business. He is currently Visiting Professor in the Department of Business Policy at the ESADE Business & Law Schools in Barcelona, Spain.

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INSIDE Secure Achieves New Certification

INSIDE Secure semiconductor solutions for secure transactions earned another ISO certification, attaining ISO/IEC 27001:2005 certifications for the company’s development centers in Aix en Provence, Singapore and Warsaw. Additionally, INSIDE announced that its facility in Aix en Provence has been evaluated and approved by auditors for the development of Common Criteria certified products, significantly enhancing the resources available to the company for the creation of new secure microcontrollers and other security products. ISO/IEC 27001 is the only auditable international standard that defines the requirements for an information security management system (ISMS), allowing companies to protect their information assets and provide confidence to their customers and other interested parties.

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IMARC Studies India Smart Cards Market

The changing global scenario is one of the key drivers behind the rising demand for smart cards. With the Indian government undertaking various programs like the Rashtriya Swasthya Bima Yojana (RSBY), the National Rural Employment Guarantee Act (NREGA) and the Public Distribution System (PDS), there is sure to be an upsurge in the adoption of smart card technology in India. Through 2016, smart cards are expected to penetrate into a range of other sectors like credit/debit cards, financial inclusion, public distribution, healthcare, identity management, transportation and more. New market research report “Indian Smart Card Market Report & Forecast: 2011-2016” delivered by IMARC Group provides true and unbiased insights into the smart cards market in India. The research work enhances understanding of not only the market trends, structure, key drivers and restraints but also the outlook of the market through 2016.

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Good News on US Economy as Bankruptcies Drop 12% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. consumer bankruptcy filings totaled 100,980 nationwide during November for a 12% drop from the year ago figure of 114,587. This was also a 5% decrease from the 106,255 filings in October while Chapter 13 filings constituted 31% of all consumer cases in November. These findings, according to the American Bankruptcy…

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USA Technologies Names New CEO

Stephen P. Herbert has been appointed Chief Executive Officer (CEO) and Chairman with USA Technologies wireless, cashless payment and M2M telemetry solutions for self-serve, small-ticket retailing industries. Having joined the Company in 1996 and served as a member of the Company’s Board of Directors since that time, Herbert was appointed and served as President and Chief Operating Officer since 1999. He had been employed by The Pepsi-Cola Company, the beverage division of PepsiCo, Inc., where he held several management positions in operations, sales and marketing. He graduated with a Bachelor of Science degree from Louisiana State University.

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Green Dot Appoints New Chief Information Officer

Green Dot Corporation prepaid financial services appointed John MacIlwaine CIO. To lead Green Dot’s entire technology organization, he will orchestrate the design and implementation of the Company’s overall technology strategy. Most recently at Visa as Head of Global Development, responsible for developing new products and services across Visa’s commercial and consumer product divisions, MacIlwaine focused on coordinating key initiatives as the payment network underwent a highly-complex global restructuring tied to its transition from a privately-held bank association model to a publicly-traded corporation.

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Intuit Brings E-Commerce to Facebook

Intuit is offering a new way for small businesses to increase online sales through its “SimpleStore” for Facebook. With this, any current SimpleStore user can establish a professional-looking store as part of their business page. The free tool automatically syncs the merchant’s website and Facebook page, helping small businesses reach new audiences and generate more business with zero hassle. With 59% of consumers intending to do most of their holiday shopping online, “SimpleStore” to Facebook gives small business a new way to be found and maximize sales during this peak buying season and beyond.

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