UAE Exchange Introduces Range of Remittance Promos

UAE Exchange is kicking off its range of promotions, which include generic ones like Money Majlis and community-specific ones like “Onasowbhagyam” for the Keralite community from India, “Bak Maha Wasana” for the Sri Lankan community, “Bijoy Utsav” for the Bangladeshi community and “Jashan-e-Bahara” for the Pakistani community to name a few. They have rewarded customers grand prizes such as villas, flats, foreign tour packages, luxury cars, LCD TVs, electronic items, gold coins and cash prize worth millions of dirhams.

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Ingenico Introduces POS Terminal App

Ingenico payment solutions developed its “Interactive Messaging System” application, transforming the POS terminal into a two-way communication device between the bank and the merchant, is put into practice with Is Bank. With this, Is Bank can directly deliver marketing and campaign announcements for merchants through Ingenico POS terminals. The Ingenico “Interactive Messaging System” POS terminals can implement marketing campaigns, surveys, videos, and promotional offers. The Ingenico “Interactive Messaging System” was developed exclusively for Turkish banking and card payment systems. Is Bank has the capability to determine and report the number of merchants interested in the campaign online by using the Interactive Messaging System. As a result, the campaign information process, which was done through different channels, can now also be done by Ingenico POS terminals in a much faster and cheaper way.

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Trunkbow Partnership Extends China Unicom Network

Trunkbow International Mobile Payment Solutions and Mobile Value Added Solutions in China has extended its MPS cooperation with China Unicom through the deployment of its terminal-based MPS platform. Now total MPS installed base extends to 23 provinces through China Unicom and China Telecom. This platform will be used for both payment processing and employee and student identification, with Trunkbow to receive revenue based on a percentage of each user’s monthly phone bill. Trunkbow expects to complete the implementation of this platform on China Unicom’s Hubei network in the third quarter of 2011 and expects to recognize initial revenue from the deployment in the fourth quarter of 2011 or the first quarter of 2012.

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Contis launches smartphone gift card

Retailers, restaurants, hotels and all manner of leisure outlets can get smarter about maximising return on their gift card and voucher schemes as card solutions provider Contis launches the UK’s most advanced smartphone gift card platform. The smartphone gift card programs operate on the Contis dynamic payment processing platform, each of which is designed to suit the individual requirements and goals of the client. The smartphone gift cards operate in the same way as a traditional gift or prepaid card scheme with the added advantages of being instant, more flexible, easier to administrate and extremely cost-effective. The smartphone gift cards can seamlessly integrate into a ‘traditional’ gift card program or operate as a stand-alone scheme. Gift cards can be bought and sent in seconds via a smartphone and redeemed in store or online and funds are secure even if a phone is lost or stolen.

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RBA addresses eftpos/card surcharging regulatory framework

The regulatory framework includes the Standard, The Setting of Interchange Fees in the EFTPOS System (‘interchange fees Standard’) and the Access Regime for the EFTPOS System. Much of the current regulatory framework was put in place prior to the establishment of the new management structure for the eftpos system under eftpos Payments Australia Limited (ePAL). The framework, therefore, did not anticipate the changed governance arrangements for the eftpos system or the possibility of a change in the structure of interchange fees. It also did not anticipate the move to new industry network arrangements under the Community of Interest Network (COIN). The Bank initiated a public consultation on potential changes to its Standards on payment card surcharging. It received a large number of submissions from interested parties and during July and August met with many of those that made submissions. The Board discussed the various views put forward during consultation at its August meeting and will consider further the surcharging Standards at its next meeting in November.

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Swedbank Deploys Global Gemalto ID Management

Gemalto announced Swedbank is deploying its “Protiva” corporate solution across its organization, offering a single global identity management system to provide better access protection for networks and cloud resources.The “Protiva” solution is part of Gemalto’s cloud computing security offer and will secure access to data networks and physical access for 20,000 employees. Implemented initially in Sweden, the solution is being deployed across the Baltic countries, as well as in a number of smaller representative offices internationally. Gemalto is providing Swedbank with the Protiva converged badge solution based on PKI1, a proven technology for secure online identity authentication.

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IronKey 2Q/11 Sees Bookings Up 70% Q/Q

IronKey data security and online access saw growth in 2Q/11 with bookings up 70% quarter-over-quarter thanks to high demand for its Trusted Access secure browsing products. Market developments and IronKey advancements include New Federal Finance Institutions Examination Council (FFIEC) guidelines with a January 2012 deadline call for stronger, layered online banking security and recognize IronKey’s…

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FilmFlex Implements PayWizard Payment Solution

FilmFlex Movies online movie service added PayWizard online payment mechanism, now live on the Film4oD website. This allows Film4oD customers to select the films they want to watch, register for a PayWizard account, top up their PayWizard account balance and pay quickly and easily using the PayWizard e-wallet. The e-wallet holds digital versions of credit/debit cards, the current balance, and various personal data. It facilitates continual card authorisation for true ‘single-click’ purchases and can handle a range of innovative subscription models.

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SecurityMetrics Allows Merchants to Streamline Matching

SecurityMetrics “TIN Matching Service” is now available to help payment processing entities recover and match merchant tax identification numbers (TIN) and legal business names to streamline the matching process for a subset of SunTrust Merchant Service merchant clients that have not yet validated with Internal Revenue Service (IRS) records. With this, SunTrust Merchant Services announced it has selected the SecurityMetrics “TIN Matching Service” to streamline the matching process for a majority of its merchants. SecurityMetrics allows merchants to validate their TIN and business data in minutes by going online to the SecurityMetrics website or by calling SecurityMetrics’ call center.

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M&T Bank Teams With Buffalo Bills Running Back

Buffalo Bills Running Back Fred Jackson has become the newest member of the M&T Bank team, signing a marketing contract to become the official spokesman for Buffalo Bills Checking. He became the first NFL player to rush for more than 1,000 yards and gain more than 1,000 yards on kickoff returns and will be featured in M&T Bank’s multi-media advertising campaign throughout Western New York during the upcoming 2011 football season and work with M&T on select appearances and community events. Jackson said “Buffalo Bills fans have been great to me and they’re passionate about the team. I’m happy to join with M&T Bank to help fans show their pride…”

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Warehouse deploys NCR POS

NCR Corporation announced that Warehouse Marke family-owned grocery chain deployed its “RealPOS 80XRT” POS terminals and “RealPOS High Performance Bi-Optic Scanner/Scale” at 16 locations to improve its point-of-sale operations, making checkout efficient and fast for its customers. The supermarket chain chose NCR to improve transaction speeds, minimize transaction delays and upgrade its POS hardware, enabling the company to take advantage of next-generation POS applications, such as digital promotions and advanced reporting capabilities.

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As Seen on TV Partners Offers PowerPay Mobile App

As Seen on TV partnered with PowerPay merchant account payment processing solutions. This allows As Seen on TV marketers to accept payment utilizing a mobile processing solution through a mobile App. It also provides a convenient method for purchasing these products on any smartphone direct from the manufacturer. The integration between the App platform and PowerPay’s processing solution will provide a seamless transaction for both the consumer and the marketer. This provides clients advanced payment solutions.

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