Datacard Group Announces Enhanced Card Delivery

Datacard Group secure ID and card personalization solutions enhanced its “MXD Card Delivery System” and “MXD Mailer Card Delivery System,” allowing card issuers to turn ordinary financial card carriers into multi-faceted promotional mailings. This lets them deliver one-to-one marketing messages, cross-sell products and services, issue coupons and certificates, and encourage immediate card activation. The new system turns blank white paper into personalized, full-color financial card carriers. Customized marketing messages and information”such as card activation steps or expanded terms and conditions”can be printed on-demand. The ability to go from bulk pre-printed paper to customized forms greatly reduces the need for financial card issuers to manage large supplies of pre-printed forms and build larger job sizes, dramatically reducing the operational complexities and cost.

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Pinnacle FCU & Elan Issue a VISA Credit Card Program

Pinnacle Federal Credit Union (FCU) is partnering with Elan Financial Services to provide credit card products and services to its nearly 24,000 members. This includes the purchase of the existing portfolio of approximately $13 million in balances and more than 5,000 accounts. Elan will also offer new accounts to members that currently don’t carry the Pinnacle FCU VISA® credit card. Elan has more than 40 years of experience as an agent credit card issuer with more than 1,700 partners, 400 of which are credit unions. The portfolio sale closed in June 2011 with a conversion to Elan’s processing systems anticipated within the next several months, for which terms will not be disclosed.

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Dell KACE Helps Retail Organizations Address PCI Standards

Dell KACE announced its Dell KACE family of systems management appliances are equipped to accelerate PCI standards for users. Several of Dell KACE’s retail customers have utilized its systems management technology to help increase security within their POS systems, traditionally one of the most vulnerable areas to credit card fraud. Systems management support is a critical piece to the security puzzle, and Dell KACE’s affordable systems management appliances help companies tackle compliance issues by providing critical tools and capabilities, such as automated patching, local and remote software distribution, and state-of-the-art reporting. Dell KACE’s appliances have helped hundreds of the world’s most recognized retail organizations build an infrastructure of security to help protect consumers’ privacy and information, thereby gaining trust and loyalty in their brands.

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The State Bank Deploys Fiserv Solutions

Fiserv financial services technology announced The State Bank has engaged Fiserv for its Revenue Expansion program to help it drive non-interest income, balance growth and enhance customer relationships. The State Bank in a proactive response to the current regulatory environment, engaged Fiserv for products and expertise to help it provide differentiated value for its current and prospective customers and to replace and grow revenue. Fiserv also provided Revenue Enhancement consulting for the retail and commercial operations of the bank, and has created an 18-month roadmap that aligned Revenue Expansion outcomes with the bank’s goals and objectives as well as the competitive market environment. Financial institutions may reward customers for their product relationships, balances, electronic statement delivery, mobile banking, bill payment, direct deposit, point of sale transactions and more. The reward may include bank-fulfilled benefits in addition to point rewards.

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ARBOR Introduces Slim m-POS Tablet

ARBOR has lunched the G1050 logistics POS tablet computer, powered by a 1.6GHz Atom Z530P processor. Featuring the low power consumption CPU and an internal 1880mAH battery plus a hot-swappable 2500mAH battery, the G1050 provides operating time up to 9 hours. The G1050 adopts 10.4″ TFT active matrix with resistive touch screen enhancing operating efficiency. Its seamless and chemical resistant designed panel also makes it easy to be cleaned. IP54-rated for anti-water and anti-dust along with vibration (3 Gms), shock (40G) and drop resistance (4 feet) design offers protection which keeps the system working stably as well as extends its service life.

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Consumers Made $72B More in Card Payments Than Purchases

TransUnion analysis found consumers made an estimated $72 billion more in payments on their credit cards than purchases between the first quarters of 2009 and 2010. This is in contrast to the belief that charge-offs (where creditors write off debt that they deem is uncollectable as a loss) were the primary driver of lower credit card balances. Just five years prior to the TransUnion analysis, consumers had made an estimated $2.1 billion more in purchases than payments. That constitutes a nearly $75 billion turnaround in consumer payment dynamics from 2004 to 2009. On a per-borrower basis between Q1 2009 and Q1 2010, average credit card debt in the U.S. declined more than $600 from $5,776 to $5,165. As of the first quarter of 2011, average credit card debt per borrower stood at $4,679, representing a 10-year low. Approximately 55% of consumers said they chose to use their debit card over their credit card more than half the time when making daily purchases. In fact, 47% of respondents said they did so more than three out of four times. Another 8% of respondents said they chose to use their debit card over credit card 51-75% of the time.

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Atmel Expands ARM926-based MCU Family

Atmel Corporation microcontroller and touch technology solutions, announced five new devices to the Atmel SAM9 ARM926-based family of microcontrollers (MCUs). The new SAM9 devices target applications in industrial and building control, HVAC, Point of Sale (POS) terminals, printers and medical devices, smart grid with data concentrators, human machine interfaces (HMI) and machine-to-machine (M2M) market segments. The new SAM9G15, SAM9G25, SAM9G35, SAM9X25, SAM9X35 devices expand Atmel’s existing ARM-based portfolio by supporting a range of key technology features required for applications. These key features include replacing SDRAM with DDR2 memory for more memory-intensive applications; NAND flash support with 24-bit ECC for reduced system cost; and more communication channels including dual 10/100 Ethernet, dual CAN and up to 3x USB ports for a variety of application requirements.

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NDB Advisory offer Fixed Fee PCI Pricing

PCI DSS consultants from NDB Advisory, a nationally recognized, boutique PCI DSS advisory firm, is offering competitive, fixed-fee engagements for on-site assessments conducted by lead Qualified Security Assessor. PCI DSS consultants are an important component of helping organizations comply with the standard. What separates NDB Advisory apart from other PCI DSS consultants is the experience of their consulting team, which adheres to an efficient, proven, and cost-effective methodology for PCI DSS compliance that consists of PCI DSS Readiness Assessment; Policy & Procedure (P&P) Analysis and Development; Remediation Activities; Vulnerability Scanning Services; Penetration Services; Assessment | on-site Fieldwork; and Issuance of “Report on Compliance” (ROC) and any other necessary reporting deliverables.

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Prime Factors Introduces Tokenization Module

Prime Factors added tokenization to its “EncryptRIGHT” product suite, which substitutes a surrogate value for sensitive payment information without changing existing applications. If systems are breached, the attacker cannot use the payment data for fraudulent transactions. The “EncryptRIGHT” suite follows industry best practices for token generation and secure storage, supporting random tokenization and tokenization by encryption. Token generation uses a FIPS 140-2 compliant random number generator. Tokenization by encryption uses EncryptRIGHT’s key management and encryption to generate tokens.

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TransCard’s Prepaid Continues Expansion

The TransCard turnkey Community Issuer Prepaid Program has been adopted by 29 issuers of all sizes in 18 states, ranging from one branch issuers to issuers with hundreds of branches. The issuers who have already launched payroll, GPR or gift programs, include Central Bank of Kansas City in Missouri; Home Savings Bank in Ohio; Central Bank and Trust in Kansas and St. John in Kansas. Particularly receptive to our roster of prepaid products are businesses looking to reduce payroll processing expenses by eliminating paper checks and consumers who are being priced out of traditional checking accounts by the major issuers. GPR cards are also being marketed to students and millennials, who are attracted to the mobile and online features of these “virtual checking accounts.”

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Ceridian SVS UK Partners to Launch the Animal Gift Card Program

Ceridian SVS UK partnered with Animal action sports brands to improve on existing consumer offering through the provision of gift cards. This is to adapt to classic closed-loop (single brand) card systems with a single brand, private label, open-loop system that can be operated in any of the Animal stores, regardless of its business operation model. SVS created an open loop product that can only be used at UK Animal stores and carries only this retailer’s brand.

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