Ambur iPad POS Announces Updates

Ambur POS app for Apple’s iOS platform is available for purchase using the App Store from any iOS device, such as an iPhone, iPod touch, or iPad. There are no subscription fees and the app does not depend on an internet connection to function while it boasts the first iPad POS system that doesn’t require anything except an iPad and the app for a the most basic setup. Ambur POS ultimately allows waiters and waitresses at restaurants to take orders right from the table and print them wirelessly to the kitchen, saving time in the hectic conditions of the hospitality industry. It also features integrated credit card processing, a reservation system, customer relationship management and financial analyzation.

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NEXTEP Releases New Foodservice Technology Solution

NEXTEP SYSTEMS announced general availability of its “Foundation5” foodservice technology platform. NEXTEP developed a reputation for self order kiosks, online ordering, digital signage, and mobile applications. With its “Foundation5” solution, the Company offers a scalable and secure platform, having been approved by the Payment Card Industry (PCI) for deployment. Multiple payment options are supported, including cash, credit, gift cards, and soon mobile payment options. NEXTEP’s product suite can be managed from anywhere, using NEXTEP’s cloud-based command center, providing a single touch point for managing menu items, promotions, inventory, employees, and reporting.

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Ceridian Introduces Mobile Workforce Management

Ceridian workforce management, human resource management, payroll, and benefits administration solutions launched its mobile solution for Ceridian “InView” application. Providing users with mobile access to a variety of workforce management capabilities, “InView” is designed to improve scheduling and time and attendance accuracy, boost productivity and increase employee engagement while ensuring the right employee is working at the right location. The Ceridian InView mobile solution is available on the Google Android and Apple iOS platforms (including iPhone, iPad and iPod touch). This lets employees Clock in and out for shifts (geo location validated), manage time away from work and change availability while managers can view daily attendance, access a list of employee names and contact information and review and approve requests for time away.

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Maybank Partners Axis Bank for Growing Remittance Segment

Malayan Banking Bhd (Maybank) has tied-up with Axis Bhd, one of the largest private banks in India, to introduce remittance services to beneficiary accounts in that country. The new service is expected to benefit both Indian citizens working in Malaysia as well as Malaysians who have to remit funds to beneficiaries in India, which received an inward remittance of more than US$55 billion in 2009 to 2010.

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UAE Exchange to Celebrate 31st Anniversary

UAE Exchange global remittance and foreign exchange brand, is celebrating its 31st Anniversary which falls on 23rd October, marked by a three-day long celebration across its global operations. UAE Exchange, which was established on 23rd October, 1980 in Abu Dhabi, UAE, today has its direct operations spreading across five continents, offering the widest range of popular products and services in the sector. UAE Exchange also has a strong correspondent banking network which includes more than 150 leading banks across the globe.

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BMO & Sobeys launche co-branded online accounts

BMO Bank of Montreal and Sobeys launched two new online bank accounts designed to help shoppers save more and earn more grocery rewards. The new co-branded bank accounts offer consumers quality service, convenience and value. Individuals can save on paying monthly bank fees through the No-Fee Chequing Account(1) and get their first set of cheques for free, while the High Interest Savings Account offers a competitive interest rate of 1.3 per cent(2) on deposits. Both accounts come with a debit card and several ways to accumulate Club Sobeys points or AIR MILES® reward miles throughout the year.

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Sato and Wincor Nixdorf Forge Retail Partnership

SATO international leader in the Automatic Identification and Data Collection (AIDC) industry announced a new business partnership with Wincor Nixdorf retail IT solutions. This agreement will see the two company’s partner in the Iberian region to provide auto identification, data capture and POS solutions to vertical markets, with a particular focus on the retail sector in Spain. SATO and Wincor Nixdorf envisage that the new partnership will bring benefits to both parties, facilitating a faster provision of advanced identification and POS solutions to customers in the retail industry.

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OrderDynamics Integrates PCI Level 1 Compliant Solution

OrderDynamics can now deliver Level 1 PCI compliant solutions. This new core platform integration with Hosted PCI combines their powerful Payment Vault Tokenization technology with the OrderDynamics On-Demand eCommerce Platform. With Hosted PCI Tokenization, OrderDynamics merchants still benefit from critical features such as Re-ordering, Auto-Shipping, Credit Card Wallet, Call Center, Returns, and Order Management. OrderDynamics’ merchants will also benefit from 100% credit card breach indemnity as no sensitive card holder data ever enters the merchants environment.

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Alipay Steps Up to Compete PayPal With Cross-Border Transactions

PayPal is one of the leading solutions for conducting internet transactions, whose services can be more commonly found on websites such as eBay. But Alipay is now seeking to expand and cross-borders and have been reported to be in talks with international credit card companies. These talks are said to be about facilitating cross-border transactions, which ultimately would allow international buyers to purchase directly from Chinese online websites, as long as the site ships internationally and the user has both a credit card and an Alipay account.

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Credit Card COFs Nearing Once-Normal Levels

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] With late payments and defaults nearing five- and three-year lows, credit card payment performance is hitting a fever pitch. Charge-offs are down nine basis points in September to 6.32% from 6.41% in August, dropping 5 of the past 6 months. Although 6% has been the average COF rate since the inception…

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LGE Deploys Serverside Card Customization

Georgia-based LGE Community Credit Union launched its ‘Design Your Own Card’ card customization service through the Serverside Group. The card program is currently available on personal Visa debit and credit cards although will soon be rolled out to the credit union’s business accounts. LGE Credit Union has marketed the card program through multiple channels, from in-branch and out-in-the-field to brochures, email and online, which allows customers to personalize their payment cards with their own electronic photo image or to choose from a preselected image database.

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