MoneyGram Swift Network’s First Worker’s Remittance Member

MoneyGram International has joined the Society for Worldwide Interbank Financial Telecommunication (SWIFT) industry-owned co-operative that supplies secure messaging services and interface software to financial institutions. MoneyGram is the first global money transfer company to receive worker’s remittance member status. This alliance will increase the efficiency and reduce the start up costs of adding new members to MoneyGram’s global agent network. It also will provide SWIFT member institutions the ability to offer their customers access to MoneyGram’s global network for a convenient, fast and secure way to send money to their bank accounts.

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ROAM Data Names New Executive VP

Ken Paull has been appointed executive VP with ROAM Data independent mCommerce solutions. Paull brings with him an extensive electronic payments industry experience and will be responsible for all sales, marketing and business development functions at ROAM. His previous roles included senior vice president at RBS Lynk (now WorldPay), vice president at Triton Systems and general manager at VeriFone. During his tenure at these three companies, Lynk was sold to RBS ($525M), Triton was sold to Dover Corp. and VeriFone was sold to Hewlett Packard ($1.2B). He is growing what is now WorldPay’s national accounts division while also growing what had been a declining ATM processing business by 500%. At VeriFone, Ken built their direct, major account division which has become one of the largest segments of their business.

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Starwood Joins MasterCard Worldwide Folio Data Program

MasterCard Worldwide and Starwood Hotels & Resorts Worldwide announced Starwood will participate in the MasterCard enhanced folio data program. Starwood will add nine new hotel brands and more than 1,000 properties worldwide to the program, expanding the number of business traveler-preferred hotel choices available from which corporate travel departments can receive line item expense data from employee corporate payment card purchases. The MasterCard hotel folio data program delivers travel expenses made on a card in line-item detail, electronically and on monthly invoices, to offer travel managers ease and efficiency in travel policy monitoring.

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ScanSource Announces Partner Conference

ScanSource POS & Barcoding sales unit held its annual Partner Conference, during which its reseller and vendor partners discussed with its employees opportunities for growth, hear from industry experts and network. ScanSource also brought in two keynote speakers to address the power of “having a passionate purpose in your business” and the benefits of working together for the greater good. ScanSource has made the presentations from the Partner Conference available to the public, including certain fiscal year 2011 information for the POS & Barcoding sales unit in North America.

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Merchant Link Integrates Tokenization into SpaSoft

Merchant Link payment gateway and data security solutions and its “TransactionVault” tokenization solution now fully integrates with spa and activity management software SpaSoft. Providing an extra layer of payment security and helping meet PCI compliance requirements for spas and resorts, SpaSoft is a management and scheduling software solution for spas and resorts that now integrates with Merchant Link’s next-generation tokenization solution, which removes customer credit card data where it would be at risk from hackers. The combined solution helps reduce resorts, spas and health clubs PCI DSS scope.

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Green Dot Partners PCI Security Standards Council

Green Dot prepaid financial services joined the PCI Security Standards Council to contribute to the improvement of payment data security worldwide through the ongoing development of the PCI Security Standards. As a Participating Organization, Green Dot will play an active role in the standards setting process. The Council relies on involvement of those across the payments processing such as Green Dot to enhance payment data security globally while embracing new technologies as they are developed.

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Epicor Leading Vendor of POS Software Among Top Retailers

Epicor Software has been named the leading vendor of POS software to top specialty soft goods retailers and hard goods retailers by global research and advisory firm IHL Group. With this, it ranks first place in POS Software for Softgoods Retailers and POS Software for Hardgoods Retailers, the sixth consecutive year Epicor has taken first place in the IHL POS Software for Softgoods Retailers report. Epicor software solutions are designed to meet the evolving merchandise and service expectations of today’s cross-channel shoppers and the business requirements of the most demanding retail environments.

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Acclaim Telecom Services PCI Certified

Acclaim Telecom Services has completed a comprehensive audit and certification of Payment Card Industry Data Security Standards (PCI DSS) for Service Providers and is now Level 2 PCI DSS compliant. This certification is part of ongoing security measure upgrades and enhancements necessary to securely manage the storage, processing and transmitting of credit card information by Acclaim Telecom Services’ hosted solutions and cloud computing offerings.

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MasterCard Shows Global Retail Commitment

MasterCard is participating in the World Retail Congress 2011 in Berlin from 25 to 28 September 2011, as part of its wider commitment to the global retail industry. At the Congress, MasterCard will talk about some of its latest insight into consumer spending trends, the very latest and emerging payment technologies (such as contactless and mobile) and what they mean for retailers and consumers, as well as insight and advice for retailers on the challenging youth market. In addition all Congress delegates will receive a ‘Mobile Tag’ at the registration desk which they can place next to their mobile phone to make mobile payments at the Congress and experience the ease and convenience that this payment method can bring.

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Creditcard.net Domain Sells For A Pretty Penny

The domain www.creditcard.net sold for USD $138,000 to Pixel Capital financial comparison site network, helping broadening its portfolio to embark on the US financial information web site market. Pixel Capital believes the sale of Creditcard.net to be the highest global domain sale for September 2011, the second highest .net sale year to date (behind Cars.net which sold for USD $170,000 in June 2011), and the 27th most valuable global domain sale for 2011.

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T8 Webware Launches Holistic Consumer Purchasing App

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] T8 Webware mobile applications, websites and personalized payment card services introduced its “Grip” financial decision support tool at FinovateFall 2011, Allowing financial institutions to brand and offer an app that provides mobile services, “Grip” aggregates consumers’ balance and transaction data from an unlimited number of domestic institutions into a collective view.…

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