Member Access Pacific Offers Card Customization

Member Access Pacific (MAP) card processing aggregator of the Visa Debit Processing Service platform for credit unions launched its “Design A Card” card personalization platform for credit unions. This platform allows credit unions to roll out card customization programs quickly in conjunction with Serverside Group. Through the online card ‘designer’ credit union members will be able to create their own payment personalized cards using either stock images or personal photos.

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The Coastal Bank Implements IronKey Secure Browsing

The Coastal Bank community bank is protecting from cyber thieves targeting ACH, wire transfers and other online payments through IronKey Trusted Access browsing solution. Preventing identity theft, payments fraud and online banking account takeover, Trusted Access lets customers know they are accessing an authentic site and their transactions are not being monitored or tampered with by crimeware. Additional features include “Trusted Bookmarks” to safely access popular websites; the Trusted Access portable USB security device, which launches a protected, virtualized operating system and Web browser that only works with the IronKey Trusted Network and, when deployed, limits the end user’s online access to bank-approved sites.

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CARDTRONICS Ensures DISABILITIES ACT COMPLIANCE

Cardtronics retail ATM inked an ATM managed services agreement with FirstBank covering the segment of its ATM network located in King Soopers grocery stores. As part of the agreement, Cardtronics has implemented all hardware upgrades necessary to bring the King Soopers portion of the $11 billion-asset bank’s ATM network into compliance with revised “Americans with Disabilities Act” (ADA) regulations set to take effect in 2012. King Soopers is one of the local brand names operated by The Kroger traditional grocery retailer. FirstBank retains its ATM placement relationship with King Soopers, with Cardtronics taking over the operation and management of FirstBank’s King Soopers-located ATMs while the agreement covers 89 ATMs, all located in King Soopers grocery stores scattered across Colorado.

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Fiserv Earns SWIFTReady Reconciliation Accreditation

Fiserv financial services technology solutions announced its “Accurate” transaction matching, reconciliation and exception management solution has received the SWIFTReady Reconciliation Label for 2011. Fiserv is exhibiting the solution in Toronto from September 19-23, showcasing its full breadth of solutions for the global financial services market. Fiserv offers Risk and Compliance solutions to help clients optimize usage and return on capital by making risk transparent and actionable within their organization. Solution areas include Financial Crime Risk Management, Financial Risk Management, Financial Performance Management and Financial Control Solutions.

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YES-wallet Launches m-Payment Service

YES-wallet.com is launching its ‘Pouch’ mobile wallet service, securely storing users’ credit/debit payment cards, payment receipts, loyalty and coupon information. Allowing you to securely make payments through your smartphone for free, “Pouch” allows for faster payments conveniently. Yes-wallet.com coincidentally made available its ‘YESfstore’ app, allowing users to create and manage their facebook storefront pages that allows you to sell your products and services with the knowledge that this is powered by YES-wallet.com.

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New Net Technologies Partners PCI Security Standards Council

NNT PCI DSS and general security and compliance solutions has joined the PCI Security Standards Council as a new Participating Organization. NNT will work with the Council to achieve and improve payment data security worldwide through the ongoing development of the PCI Security Standards, including the Payment Card Industry Data Security Standard (PCI DSS). As a Participating Organization, NNT adds its voice to the standards setting process and will receive previews of drafts of standards and supporting materials in order to provide feedback to shape their final versions, as well as engage a growing community of more than 600 organizations united to improve payment security.

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Tyfone to License NFC and Secure Element Card for AboMem

Tyfone inked agreements with AboMem Technology memory products manufacturing to manufacture, distribute and service Tyfone’s “SideTap” micro NFC products. This partnership also includes a widespread distribution of “SideTap” micro cards to consumers throughout The People’s Republic of China via AboMem’s extensive distribution network. Tyfone’s “SideTap” microSD product can be added to mobile devices for enabling secure element functionality with NFC connectivity and is part of the “u4ia” platform that provides end-to-end mobile financial services solutions from informational services and commerce to secure identity and contactless payments via NFC.

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Ukash headline sponsor for Prepaid Awards 2011

Ukash achieved its first year of profitability in 2011, a remarkable 80% year-on-year business growth as a result of its continued global expansion, and was awarded the prestigious Queen’s Award for Enterprise. Ukash now processes over £500million of safe online transfers worldwide every year. However, perhaps the greatest accolade is that 93% of Ukash customers in surveyed would recommend Ukash; 83% already have. The Sunday Times Microsoft Tech Track 100 league table ranks Britain’s 100 private tech (TMT) companies with the fastest-growing sales over the latest three years.

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Visa Europe launches Matrix card

Visa Europe payment system is set to introduce its “CodeSure Matrix Display” card addition to its CodeSure card range. The “Matrix Display” card adds a fully customizable dot matrix display that supports local languages and non-Roman character sets. The card also has a smartphone-like ‘soft touch’ keypad and a highly visible power button to help banks customize the product to local language and usability preferences. Designed to add security for consumers in Card Not Present (CNP) purchasing environments, the CodeSure range also incorporates contactless payments technology within a card that is the same size as traditional debit and credit cards.

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Visa and Google Ink Licensing Deal for mPayment Adoption

Visa, Visa Europe and Google announced Google has received a worldwide license to Visa payWave NFC-based payment technology. The agreement sets the stage for Visa-issuing banks worldwide to enable Visa account holders to add their credit, debit and prepaid accounts to Google Wallet – a mobile application that turns a smart phone into a digital wallet. This is the latest effort by Visa and Google to simplify the consumer shopping experience by enabling them to make mobile payments using their mobile phones. Google Wallet is designed to enable an open commerce ecosystem enabling consumers to carry payment cards, offers, loyalty and gift cards.

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AUGUST CONSUMER BANKRUPTCY FILINGS DOWN 11% Y/Y, COFS 35% LOWER Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Credit card chargeoffs and bankruptcies will always be synonymous, and August 2011 was no exception. August consumer bankruptcies fell 11% from the year ago period with an overall consumer filing total having dropped to 113,432, from the August 2010 figure of 127,028 consumer filings. This correlates positively with credit card defaults…

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NCR Launches m-Banking Platform, Facilitates Growing Adoption

NCR Corporation launched its “APTRA Mobile Banking 3.0” platform, allowing banks to offer their customers banking services via downloadable apps, mobile browser or SMS. The solution provides all the features consumers need to manage their money on the move and enables banks to scale and integrate mobile with other online, kiosk, ATM and teller banking channels, helping to drive adoption of mobile banking and deliver new services across integrated channels. This is in response to mobile banking usage having increased 100% since 2010, which 400 million global consumers are expected to use by 2014. NCR’s new mobile banking platform builds on NCR’s existing mobile banking experience and travel mobile services leadership, through its acquisition of Mobiqa, to provide support for more than 10,000 mobile devices, more than 600 wireless providers, and in more than 200 countries. The solution gives financial institutions a simple and fast way to set up a range of mobile banking services, such as account balances checks, transaction history, money transfer between accounts, bills payment, and branches and ATM location.

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