Prepaid Debit Card Freedom to Leave MetaBank

Bank Freedom of Prepaid Card Holdings is leaving MetaBank an intends to begin issuing its new prepaid cards through a new issuing Bank in May or June 2011. MetaBank is slated for complete phase-out by November 2011. Bank Freedom recently informed MetaBank that it had contracted with a new issuing bank for the Bank Freedom Prepaid Cards. MetaBank recently informed Bank Freedom that it is not going to renew the existing agreement between Meta and Bank Freedom which expires November 17, 2011.

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Sipera Systems Launches VoIP PCI-DSS

Sipera Systems Unified Communications (UC) enablement and security launched its innovative VoIP security solutions for compliance with new guidance issued by the PCI Security Standards Council (PCI SSC). The new guidance is to protect credit card and payment card information in telephone-based transactions, including VoIP. The guidance advises businesses that handle credit cards to ensure the privacy and encryption of VoIP communications carrying cardholder data, and to control archiving and monitoring of these communications in compliance with PCI Data Security Standard (PCI DSS) rules. The UC-Sec enables an enterprise to comply with the PCI SSC guidance on VoIP security with application-layer encryption and privacy to any supporting end-point; forks both signaling and media for monitoring and recording of clear traffic, even when it is encrypted, enabling centralized call recording and simpler architectures; and lets full privacy of communications to remote call centers, and teleworkers, traveling workers, with no VPN appliances or concentrators to configure and manage.

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HID Global Launches Secure Web Portal

HID Global secure identity has extended its “Identity on Demand” services to include a secure web portal that enables customers and channel partners to monitor and manage all aspects of card personalization projects. This spectrum includes from design and ordering through data transmission, high-quality multi-color printing, programming and on-time delivery anywhere in the world. HID “Global’s Identity on Demand” services provide the scale and resources to handle large-volume orders with tight deadlines that would otherwise be difficult for an individual company or integrator to accommodate on its own.

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CAST Simplifies PCI Express FPGA Integration

CAST semiconductor intellectual property (IP) provider has released its “PCIEXPAIF IP Corean” IP core, seeking to offer easier PCI integration in an FPGA-based system. This provides a high-level interface between popular system buses and the PCI Express hard macro blocks available from FPGA vendors Altera and Xilinx. The core includes an extensible DMA and other functions to encode and decode Transaction Layer Packets, relieving the designer from directly managing this lower-level activity and enabling an application-level focus.

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Attorney Launches Investigation into Payday Lenders

Keller Rohrback is investigating claims against Washington State payday lenders Checkmate and Cash 1 for alleged deceptive practices related to payday loans issued to borrowers in the form of gift cards. The investigation focuses on the various lenders’ alleged attempts to evade Washington’s legal limits on payday loans by structuring the loans in the form of gift cards to retailers such as Safeway, Fred Meyer, Wal-Mart and others. These gifts card “loans” are called “retail installment loan programs” and “revolving charge agreements” and are marketed as an alternative to payday loans, and result in borrowers paying excessive finance charges and late fees.

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Ethoca & NCFTA Launch Fraud Detection Service

Ethoca collaborative ecommerce fraud management launched its “FraudStop” PCI-certified service. Allowing online merchants to reduce fraud losses and contribute to research analysis and preventing future frauds, “FraudStop” lets member organizations compare confirmed fraud information to increase fraud detection. After approval from Ethoca and agreeing to the “FraudStop” terms of service, the organization becomes a member. For every fraud incident, the member can report via a web interface, uploading batch files, or using an application programming interface (API) to connect with Ethoca’s PCI Certified system, and receive a daily list of confirmed fraud incidents.

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MIDCO CONNECTIONS RECEIVES PCI-DSS CERTIFICATION

Midco Connections outsourced contact center services announced that it has completed its PCI-DSS v1.2.1 assessment performed by “CompliancePoint” PCI Security Council Qualified Security Assessor Company. The assessor determined Midco compliant with the PCI Data Security Standards and certified as a Level 1 service provider. This certification determines it can provide the highest level of protection of its customers’ data hosted in its facilities and its clients will be able to simplify their own accreditation processes to the PCI-DSS standard and can rely on secure storage of customer and payment data.

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GlobalCollect & Royal Jordanian Forge Partnership

GlobalCollect will now process online credit card payments for Royal Jordanian (RJ) in over 25 currencies throughout the Middle East, North Africa, Europe, Asia, and North America. This will allow RJ passengers to buy tickets via the RJ call center by providing RJ agents with their credit card information. A future expansion of the partnership will include adding alternative payment methods such as real-time banking, cash, and bank transfers to tap into additional customer segments preferring non-card payments. GlobalCollect also provides its clients strategic advice on payments by dedicated airline consultants, online & call center customer support, and advanced fraud screening.

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Oman Air Web Accepts Debit cards

Oman Air Web now accepts debit cards, allowing those without credit cards to purchase Oman Air’s ticket on the internet. With this, www.omanair.com accepts debit/prepaid/ATM cards issued with “Visa” or “Master Card” logos, and is a great new convenient, efficient and time saving product. The website is fully secured and card transactions are encrypted for customer’s security. If the customer’s card issuing bank has activated the “Verified by Visa” or “Secured by Master Card” service to secure the online shopping, Oman Air Web supports this additional security feature as well.

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HEALTHCARE MERCHANTS LAG IN PCI COMPLIANCE

PCI Free has noticed a trend in its quest to provide free PCI compliance for everyone, but its research concludes theft due to data breaches is on the rise in the healthcare field. Large hospitals and medical facilities also have other sensitive data that is often stolen and exploited. For the larger institutions however, big gaps in data security is more the exception than the rule. Because of their size they usually already have an internet technology (IT) department, so becoming PCI compliant is just another of the endless upgrades and procedures that IT personnel deal with on a daily basis. PCI Free offers PCI compliance solutions and resources for small business owners. Merchants and small business owners can find easy to understand guides, simplified compliance procedures along with PCI compliant merchant processing solutions.

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Standard Chartered Launches Free e-Remittance Promo

Standard Chartered has waived all charges on remittances made by its customers to India through its Online Banking Service. With zero charges on remittance transactions to Standard Chartered accounts as well as other bank accounts in India, consumers can take advantage of this until May 31st 2011. Standard Chartered has operated for over 150 years in some of the world’s most dynamic markets and earns more than 90% of its income and profits in Asia, Africa and the Middle East.

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Storebrand Bank Implements Tieto’s SaaS

Storebrand Bank has selected leading Nordic IT service company Tieto to provide Software as a Service (SaaS) solution for its capital markets business. Tieto runs the service from its carbon-neutral data center to ensure smooth operations of Storebrand Bank’s capital markets software and related applications. Storebrand Bank is a part of the Storebrand Group. The agreement enables the bank to free up internal resources, simplify its application management operations and cut operational risks. It also gives the bank access to the Nordic region’s leading experts in IT and the capital markets business.

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