ControlScan Leads Electronic Transactions Webinar

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ControlScan: What: Data breaches are on the rise, and small merchants are increasingly targeted by unscrupulous hackers and identity thieves. In fact, small merchant breaches represent more than 80 percent of all compromise events. What is it about small merchants and the business environments they operate that makes them attractive targets?…

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MiiCard & Simbiottik Forge Sales Development Partnership

MiiCard online digital passport service partnered its global sales and channel development with Simbiottik technology marketing company. With this, Simbiottik will develop a channel partner network to promote the “miiCard” digital passport for the consumer that protects against Anti-Money Laundering, Know Your Customer Regulations and the Proceeds of Crime Act standards. The “miiCard” charges a monthly fee of GBP1 to the vendor on a transactional basis. Simbiottik specialises in channel development, and ongoing management of the channel relationship, for technology companies and will boost miiCard’s profile internationally.

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BMO Harris Bank Deploys NCR ATMs

NCR Corporation announced that BMO Harris Bank will deploy its “SelfServ” ATMs to replace a significant portion of the ATMs acquired through the acquisition of Marshall & Ilsley Corporation (M&I). NCR also will provide the field maintenance services on this new fleet. The new NCR SelfServ ATMs will include NCR’s Scalable Deposit Module (SDM) technology, the only technology on the market that allows consumers to deposit both cash and checks simultaneously in any orientation through a single slot. The ATMs also provide a quick consumer deposit experience thanks to its “dynamic deskew” technology within SDM helps minimize the fault and jam rates of checks, as it removes imperfections in the scanning process – normally from wrinkled checks.

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Datacard to Present at Cards and Payments Conference

Jean-Louis Meyer, senior EMEA payment solutions marketing manager for Datacard Group; and Uwe Jaspers, director of EMEA financial instant issuance sales for Datacard Group, will be speaking at the Next Generation Cards and Payments Conference and Expo in Brussels October 11-13. Their session, entitled “Financial Instant Issuance – the Way to Make Your Card Business More Profitable,” will address how card issuers can benefit from instantly issued financial cards and increase their overall profitability. They will also outline the basics of instant card issuance, industry best practices, real-life business cases, as well as a real and proven ROI model.

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eWAY Partners with FreshBooks for Online Payment

Partnering with eWAY online payment processing gateway is going to ease payments through FreshBooks online invoicing. With eWAY online payments there is no middle man; funds will be deposited directly into the seller’s merchant account. Australian merchants can choose from among the country’s nine major banks, and accept payment from all major credit cards. After contacting eWAY for help setting up an Internet Merchant Facility with their preferred bank, users simply go to their FreshBooks settings, click Online Payments, and select eWAY as a payment gateway, and are ready to start taking credit card payments.

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WorldRemit Introduces eRemittance Solution

WorldRemit international online money transfer and eTranzact International payment processing platform have launched a new online money transfer service that enables the Nigerian diaspora to send money back home using debit cards, credit cards and Interac Online (Canada). This offers instant bank deposits into bank accounts of 19 leading Nigerian banks or cash pick-up from an extensive network of payout locations. The new online money transfer service lets users transfer money 24/7 from their home computer.

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August Credit Card Debt Falls 18% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Average national credit card debt in August dropped 18% from the year ago figure to $6,285, while 19 states paid down their debt by equal to or more than the national average. With this, Wisconsin led the country, down 37%, followed by Hawaii down 22% while Missouri and Nevada were tied…

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hyperWALLET Launches Online Merchant Payment

hyperWALLET global payment solutions made available its “Direct Pay,” low-cost online merchant payment processing service for organizations and their customers. With the “Direct Pay” online merchant payment option provides a secure, cost-effective complement to card payments by enabling customers to pay for products using funds from their bank account, an online e-wallet, or combination of both. For businesses, implementing the Direct Pay service is a simple process and requires only a one-time integration to hyperWALLET. Companies can offer Direct Pay via their company’s website payment page, where customers select it as a payment option during the e-commerce checkout process.

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Guaranty Bancorp Implements IronKey Secure Browsing

Guaranty Bank partnered with IronKey banking security to proactively protecting its business customers against escalating threats from cyber thieves targeting ACH and online wire payment transfers. Offer its business customers IronKey “Trusted Access,” a secure browser that helps prevent identity theft, payments fraud and online banking account takeover, Guaranty Bank protects online business banking customers using new, secure browsing technology protecting against malware, which infects a reported 45% of all U.S. computers.

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Element Payment Encrypted Data Entry

Element Payment Services payment processing has made available its “ID TECH SecureKey M Series,” featuring Element “TransForm” point-to-point encryption (P2PE), a family of keyboard-emulated (driverless), point-of entry devices that encrypt both key-entered and MagStripe card data. Element “TransForm P2PE,” SecureKey devices protect cardholder data immediately upon entry, simplifying PCI compliance for merchants and software providers. Element and ID TECH have a long track record of providing secure hardware devices, paired with leading technology, to the marketplace. Recognizing a gap in the marketplace for a device to encrypt manually keyed transactions, which has long complicated PCI compliance and increased security costs, ID TECH and Element conceptualized and developed the SecureKey M series.

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Fundtech Signs Landmark 50th Swift Client

Fundtech global transaction banking solutions signed its 50th corporate client. Corporations are showing increased interest in communicating with their banks via SWIFT as they seek to simplify and standardize these connections to automate and lower costs. Growing interest in SWIFT among corporations is thanks to the need for greater operating efficiencies and flexibility with banking relationships. The 50 clients now on the Fundtech’s ServiceBureau include major global corporations such as: Unilever, Carlsberg Group, and Coca-Cola Hellenic.

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Openbucks launches Gift Card Network

Openbucks is launching the Gift Card Payment Network, letting consumers use gift cards from trusted retail brands as payment for online games and at ecommerce sites. Openbucks turns gift cards into a convenient online purchasing and payment method and is ideal for people who do not have a credit card or prefer not to use them when paying online. Users can also complete a transaction in five seconds or less. After purchasing a gift card at one of more than 100,000 locations in the United States and Canada, consumers can use it in hundreds of online games. It takes little effort for retail gift card issuers to integrate with Openbucks as the company has relationships with the main processing companies, including Ceridian Stored Value Solutions and Fifth Third Bank.

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