Confident Technologies Touts image-based m-authentication

Confident Technologies image-based authentication and verification solutions for websites and mobile applications unveiled its “Confident Multifactor Authentication” two-factor authentication that delivers an image-based authentication challenge to users’ mobile phones for a more secure out-of-band authentication process. The authentication provides a secure way to protect online businesses and their customers from fraud and Zeus-in-the-Mobile (Zitmo) attacks, securing the second factor and verifying that it is in fact the legitimate user in possession of the mobile device and not another person who may have stolen the user’s phone or is surreptitiously intercepting the authentication text messages. Confident Technologies’ approach to the encryption and graphical display of authentication codes is available for white-label integrations by security vendors, application developers and businesses wanting to incorporate the image-based authentication.

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Department of Energy Deploys J.P. Morgan Charge Card Program

J.P. Morgan’s Commercial Card Solutions unit announced that its Department of Energy client expanded its “GSA SmartPay2” charge card program by enabling one of its major contractors to use J.P. Morgan’s Single-Use Accounts solution to make electronic card payments to its vendors. Subsequently, CWI pays vendors more quickly, continues to reduce its paper-based payment processes, further increases payment security, and reaps the benefit of collecting financial rebates and expects to have more than 100 of its largest vendors accepting Single-Use Account payments by year-end. SUA helps expand CWI’s SmartPay2 program participation by including large-dollar payments.

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ACI Solicits S1

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Payments outfit ACI Worldwide has made a $540 million cash and stock takeover move for S1 Corporation, urging the latter’s shareholders to spurn a proposed merger with Fundtech. This after S1 agreed an all-stock merger with transaction banking vendor Fundtech in a deal valuing the combined entity at around $700 million.…

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Heartland Payment Launches Wireless Printing

Heartland Payment Systems’ Campus Solutions introduced its W’PA wireless printing solution. The W’PA solution eliminates an institution’s dependence on equipment purchases/leases, hardware and software licenses and maintenance and server integration fees, while offering its student community enhanced convenience and cutting-edge printing technology. It lets students upload documents for printing wherever Internet service is provided. Printing kiosks can be placed virtually anywhere on campus to meet the needs of the school community ” students are no longer confined to computer labs or libraries. Once registered, students simply visit their preferred W’PA kiosk, log in and select a method of payment to print their documents. Supporting multiple platforms (Windows, Mac, Lenox and Unix), W’PA offers students the option to print their documents in black and white or color, as well as double-sided prints.

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ParTech Integrates VeriFone for POS Software

ParTech enterprise POS software provider has integrated VeriFone’s VeriShield Total Protect into its “EverServ Software” to help make payment card transactions safer for restaurant customers while simplifying and reducing the cost of PCI compliance for restaurant operators. PAR has created a fully integrated and easily supported solution that combines VeriShield Total Protect end-to-end encryption with PAR EverServ QSR 1.4 or later software using PAR’s proprietary electronic payment interface (EPI). PAR’s unique EPI gives operators the flexibility to implement their choice of industry-standard PCI security solutions today and adapt their POS system to support new security capabilities as PCI standards evolve. The EPI simplifies the integration of security solutions and helps operators quickly achieve PCI compliance.

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Zorate Launches Discount iPhone App

Zorate online voucher company has unveiled their “zApp” iPhone application, bringing Discounts on Demand to mobile users who are out on the town looking for deals. The easy to use zApp allows consumers to demand discounts from local businesses and share those deals with Facebook friends. Businesses can alert those same consumers about special coupons, discounts, or deals they are running when one is within a certain mile radius of those businesses. The app includes “zTracker,” making the iPhone a personal shopping assistant that knows the shopper’s needs, then lets the deals find the shopper, “Zooting,” allowing consumers to communicate directly to businesses the discounts they want, when they want them and ‘Redeem & Share,’ allowing customers to realize greater saving simply by ‘sharing’ the info through Facebook.

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PCI SSC Announces Program Highlights for Community Meetings

The PCI Security Standards Council (PCI SSC) announced further details on sessions planned for its annual Community Meetings. The PCI SSC Community Meetings are meant to examine the protections afforded by the PCI Security Standards; discuss the challenge and potential of the latest in payment technologies; and provide critical feedback to continue to evolve the standards to address the changing threat climate. The 3-day program will include the latest in breaking forensics, security trends and technology from expert keynote speakers; SSC updates on the global state of PCI and technologies such as: point-to-point encryption, mobile payments, virtualization and tokenization; as well as dedicated sessions providing guidance to those aiding in PCI assessments, including Approved Scanning Vendors (ASV), Qualified Security Assessors (QSA), and Internal Security Assessors (ISA). The program will also include PCI in Practice Case Studies; Creating a Security Lifecycle; and Special Interest Group (SIG) Presentations. Attendees will also have the chance meet and ask questions of representatives from the global card brands, financial institutions and peers from their own industry.

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ATM Group appoints Global Development & Marketing Head

Audrey Lavelle and Adam Slinger join ATM Executive Research to expand the company’s global reach. Audrey Lavelle has taken on the position as Head of Global Development focusing on the growth of ATM Group on an international scale and developing new and existing clients while Adam Slinger takes on a new role within ATM Executive Research as Marketing Manager, with responsibility and emphasis on promoting the overall brand; driving a new level of fresh and sustainable marketing and PR activities.

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Credomatic Launches iPad POS Solution

Credomatic released “ORDYX LITE” Web-based Touchscreen POS Solution-based on the Apple iPad. This offers most of the POS and Order Entry Features inherent in the standard ORDYX POS System offering-however this new release is targeted to break the price barrier for small single terminal restaurants that could not afford a full featured Touchscreen POS system like ORDYX and are still using basic Electronic Cash Registers. It uses a merchant supplied Apple iPad as the Touch POS Terminal with free placement of peripherals including Receipt and optional Remote Printers, Mag Stripe Readers and Cash Drawers. It offers ouchscreen POS and Order Entry; integrated High Speed Credomatic Payment Processing; and Optional Customer Account/Delivery Module.

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Report to the Congress on Government-Administered, General-Use Prepaid Cards

Section 1075 of the Dodd-Frank Act, which amends the Electronic Fund Transfer Act (EFTA), directs the Board to report annually on the prevalence of use of general-use prepaid cards in federal, state, and local government-administered payment programs and the interchange transaction fees and cardholder fees charged with respect to the use of such general-use prepaid cards. [1] The act requires the Board to begin submitting these annual reports 12 months after the date of enactment. General-use prepaid card programs are used as a method for disbursing funds to individuals and allowing government agencies to make payment in the administration of government benefit, assistance, and other miscellaneous programs. In most instances, general-use prepaid cards replace the issuance of checks or vouchers when funds are not or cannot be disbursed directly to beneficiary accounts at financial institutions. Depository institutions provided cardholder fee information for 70 programs, for which the average 2010 cardholder fee was $9.69 per card, or 0.3 percent of the total amount disbursed to cards. The average automated teller machine (ATM) cash withdrawal fee was 47 cents, or 0.3 percent of the amount withdrawn. The average ATM cash withdrawal fee charged to cardholders, however, was about 20 percent less than the amount paid by card issuers to the ATM operators for these transactions.

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Target Expands m-Coupon Program

With enrollment on the rise, Target is broadening its mobile instant coupon pilot at select locations by scheduling additional deals, reports Mobile Commerce Daily. Registrations for Target’s Text to Get instant mobile coupon program have doubled since this past February, the company reports. Shoppers can enroll through mobile Web, online or by texting the keyword COUPONS to the short code 827438 (Target). The latest pilot will conclude July 29. Target last spring became the first retailer to enable a bar code scanning right from a mobile device at any U.S. location, the site reports.

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