SmartMetric Expands, Opens Engineering Office

SmartMetric recently opened offices in Tel Aviv, Israel for Research and Development as part of expansion of its engineering. Drawing on a team of software and electronics engineers in Israel, the company is experiencing significant advances and engineering results in its fingerprint credit card sized scanner to be used as a portable medical health records card in the health sector and a fingerprint activated banking and credit card in the banking sector.

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Datacard Group Debuts Card-to-Envelope Solution

Datacard Group secure ID and card personalization solutions is set to demo its “Datacard MX6000” card issuance system with Datacard “Artista VHD” retransfer color printing module and a dual-interface smart card personalization module and “MXD” card delivery system and “MXi” envelope insertion system. The “MX6000” card issuance system, which brings together the broadest range of card personalization technologies in the industry, is a truly modular system that can print up to 1,500 unique cards per hour.

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OTI Expands Parking Management Solution

On Track Innovations announced an agreement to deploy its “EasyPark” parking management system. In the past year, EasyPark™ has been adopted in approximately 20 French municipalities under the service brand PIAF. OTI’s “EasyPark” system implementation will upgrade existing parking payment methods, such as paper parking tickets and “Pay and Display” machines to create a more user-friendly experience for drivers and a lower cost and more efficient operation for the city. Users will be able to re-load their PIAF™ cards at any of the 29 public reloading points located in tobacco and lottery shops across the city, or directly from their personal computer via the PARX France web site at www.monpiaf.fr.

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GCA 3Q/11 Revenue Down 10% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Global Cash Access posted its 3Q/11 revenue of $136.9 million, down 10% from the year ago period of $152.1 million, thanks to a loss of its largest customer in late 2010 which accounted for approximately $21.3 million in revenue during the third quarter of 2010. The Company incurred approximately $0.8 million…

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First Data Shows October DVG Strong at 9.4%

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] First Data electronic commerce and payment processing released its “SpendTrend” analysis for October. Same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations in October shows dollar volume growth held steady at 9.4% versus September’s growth of 9.5%. Transaction growth improved to 7.5% in…

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People’s United Bank Expands Relationship with FIS

People’s United Bank has selected FIS’ Mobile Financial Services platform, which will deploy the solution in support of a new mobile banking channel it plans to add to its current delivery channels for retail customers. FIS Mobile Financial Services provides financial institutions industry-leading functionality with exceptional integration capabilities. As a consumer-focused solution, FIS’ mobile solution allows bank customers and credit union members to perform transactions quickly and easily from their mobile devices via text, mobile Web and downloadable applications for smartphones.

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AmEx Partners to Kick-off vente-privee USA

vente-privee USA launched their exclusive online retail site, www.venteprivee.com, a joint venture between American Express and vente-privee.com online private sales. The site features member-only sales events with premium European and American brands at up to 70 percent off. Each day’s sale will begin at 10am EST and last 72 hours. vente-privee USA is expected to begin its first sale today featuring PAUL & JOE SISTER, a French brand that exemplifies contemporary Parisian chic. vente-privee USA offers members a range of fashion and lifestyle brands building on vente-privee.com’s over 1,450 existing partnerships and 14 million members in Europe.

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PayPal Launches NFC App for Android

The 3.0 version of the PayPal Android app with P2P NFC capabilities is vailable for download in the Android Marketplace. The updated app allows PayPal users to enter an amount in the Request Money field to begin an exchange with a fellow PayPal member. When users tap their NFC-enabled Android phones together, the recipient is prompted to enter their password, and then the transfer can commence. The PayPal 3.0 app for Android also features a revamped landing screen and address book auto-complete.

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Western Union and The Chronicle of Philanthropy Offer Mgmt Webinar

Western Union Business Solutions will sponsor a webinar hosted by The Chronicle of Philanthropy focused on effective foreign exchange management strategies for international non-profit organizations. The webinar to be held November 22, 2011 at 2pm ET is titled, “Doing More With Less: Getting the Most Out of Your Limited Funds.” It will focus on How to simplify the processes used to move money across the global financial system – cutting costs and increasing efficiency; Using technology to track, monitor and control the remittance and receipt of funds – to build accountability and improve payment reliability; and tools that can be used to protect future-dated payments against currency volatility so that exchange rate losses are reduced, and cash flows become more predictable.

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Trustwave Commended With Innovation Award

Trustwave information security and compliance solutions announced its “TrustKeeper” cloud-based security and compliance portal, has been named one of the 2011 Chicago Innovation Awards winners. The Chicago Innovation Awards recognition of innovative products or services hosted more than 400 nominees, up more than 60% over the past two years. The “TrustKeeper” Web portal supports merchants’ compliance efforts. This helps facilitate compliance validation with PCI DSS for merchants, or acquiring banks, Independent Sales Organizations (ISOs) and processors with large merchant populations.

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