3M Invests in motionID technologies AG

3M has invested an undisclosed amount of capital in motionID technologies’ “AG” ePayment system, allowing vehicles to be automatically equipped with a payment function. motionID’s small radio-frequency tag, which is attached to the windshield, provides the vehicle with a contactless identification and payment function. The system is used in applications such as parking garages, where the barrier opens automatically and the parking fee is charged directly upon exiting. In addition, VIATAG can be used in many other cases, such as drive-thrus, gas stations and car-wash facilities. VIATAG allows the user to pay safely without having to walk to the check out or wait in line.

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Phoenix NAP Achieves SAS 70 Type II Certification, Retains PCI DSS

Phoenix NAP datacenter and network access point is now a SAS 70 Type II certified facility, following the completion of an audit by independent agency Security and Control LLC. The SAS 70 is a widely recognized auditing standard developed by the American Institute of Certified Public Accounts (AICPA) that measures service organizations’ controls and safeguards. The datacenter maintains its status as a PCI DSS Validated Services Provider after Coalfire Systems completed its independent audit. Phoenix NAP is listed on the Global List of PCI DSS Validated Entities and has been deemed to be HIPAA compliant.

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T8 Webware Launches New Personalization Features

T8 Webware financial Web strategy and personalized services has made available its latest mobile capabilities. The “Cre8 My Card” solution expands features for its personalized payment card product and further allows community financial institutions to broaden revenue channels with services that customers and members desire. The application offers personalized payment card development capabilities adn allows banks can to expand the reach of their marketing and increase revenue opportunities from any location. The “Cre8 My Card” solution also allows users to personalize their cards using images from personal computers, a financial institution’s pre-determined stock photo gallery and even social networking and photo-sharing sites.

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Northwest Federal Credit Union Implements eMonitoring

Northwest Federal Credit Union (NWFCU) has implemented SAS Anti-Money Laundering, part of the SAS Enterprise Financial Crimes Framework for Banking from the leader in business analytics software and services, to focus on fraud prevention and combat fraud on behalf of its membership. NWFCU monitors a wide variety of fraud scenarios and risk factors – such as large cash withdrawals and deposits, wire transfers, the velocity of debit card activity and money structuring. The pre-defined scenarios and factors in the SAS solution helped the credit union adapt quickly to the new system.

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EXPERT GROUP Keeps Sites on Processing 1mm ATM Transactions

Expert Group financial services announced more than 2,000 transactions of all sizes have now securely been processed with Expert Financing. The Company will double the amount of ATMs installed throughout south Florida in the next 30 to 45 days. This development encourages the Company initiative to process 1 million transactions within a 16 month range.

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MasterCard to Present at Barclays Payments Conference

Mastercard is set to present in the Barclays Emerging Payments Conference in New York City on March 29. Company chief emerging payments officer will lead discussions, beginning at 9:20 a.m. and will address issues and matters regarding the payment industry, for which a listen-only live audio webcast will be accessible through the Investor Relations section of the MasterCard website at www.mastercard.com and audio replay available for 30 days.

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EDB ErgoGroup to Provide Bankernas Automatbolag ATMs

EDB ErgoGroup has forged seven year agreements to deploy and operate 2,800 Bankernas Automatbolag ATMs. Worth NOK 800 million, the contract stipulates EDB ErgoGroup is to deliver standardised services for the banks’ ATMs for administration, software management, transaction processing, settlement and operational monitoring. A combined transition project will make all 2,800 ATMs part of EDB ErgoGroup’s service concept for ATMs over the course of 2012.

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Ingenico NFC Terminal Sales up 100% Y/Y

Ingenico payment solutions announced shipments of its terminals with contactless based on NFC technology doubled in 2010. Since the certification in 2004 of its first contactless terminal, Ingenico successfully carried out pilot tests in different parts of the world where the company operates. In 2010, 21% of the terminals sold to merchants were equipped with this technology, a rate up by 50% compared to 2009. The new range of Ingenico terminals integrates the contactless reader option, which is activated depending on the customer’s requirements.

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Ceridian to Present at Cards & Payments Australasia Expo 2011

Ceridian Stored Value Solutions (SVS) pre-paid gift card solutions will be marking its presence and its growing client base in Australia and New Zealand at the Cards & Payments Australasia 2011 conference in Sydney. SVS is a global provider of prepaid solutions, offering a fully dedicated gift card and promotional platform in 40 countries, 26 languages and 26 currencies. Its card-based programs influence consumer behavior and increase client value through the effective use of gift cards, incentives, promotional cards, consumer rewards and loyalty programs.

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Visa Europe to Present on MDM and Data Best Practices

Kalido data governance solutions customers are speaking about their program successes this week while at the co-located 2011 Master Data Management (MDM) Summit and Data Governance Conference in London. Many companies struggle to understand how these two programs interrelate and where, how and when to begin for the greatest chance of success. Kalido customers will discuss how their organizations have tackled the challenges of both data governance and master data management and highlight the successes they’ve seen to date, as well as their visions for the future. Among these, for Visa Europe, the presentation will discuss how a new BI data governance function was set up to support increased demand for business intelligence at Visa Europe, particularly focusing on how data quality is managed when data grows at a pace of 22 million records a day.

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BDO LLP Selects PROACTIS Cloud-Based eProcurement

BDO LLP has initiated a project to automate its purchase-to-pay processes with PROACTIS cloud eProcurement solution. BDO LLP will use PROACTIS to rationalise and streamline the whole purchasing process under one system and improve the tracking and accounting of purchases. The cloud-based system will ultimately provide real-time visibility of commitments and the ability to forecast payment values and better manage budgets. The PROACTIS cloud eProcurement solution will be implemented across 13 regional offices and integrated to BDO’s PeopleSoft ERP to reduce processing costs. PROACTIS provides spend control and eProcurement solutions.

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