Gemalto Launches Consumer Advisory Site

Website JustAskGemalto.com launched a new version for Brazilian consumers, JustAskGemalto.com.br, giving people expert advice as they buy, surf, communicate and travel. It offers educational information on how to better enjoy the conveniences of the digital world and take actions to safeguard their identity and personal and financial information. The website’s Q&A formatted content is organized along six themes: Buying, Surfing, Traveling, Communicating, Working and Personal Data. Written in a plain manner that’s easy to understand, it introduces terms people need to know, explains the benefits as well as risks and offers advice on how to protect oneself. JustAskGemalto.com.br also introduced a Facebook fan page (JustAskGemalto Brasil) and a Twitter page (@JAG_Brasil), to stay further connected with Brazilian consumers as they embrace digital and social media more than ever before.

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Small Business Confidence Steady, Ebbs Slightly

The February Discover Small Business Watch index dipped slightly from 91.0 in January to 90.2, keeping confidence flat this month thanks to increasing cash flow issues. In fact, 50% of small business owners reported temporary cash flow issues within the last 90 days, up a full 7 points from the prior month. On the bright side, 46% of small business owners reported no temporary cash flow issues, down 3 points from the prior month, while 34% said economic conditions in the country are improving, up 3% points from 31 percent in January. Naysayers still accounted for 41%, saying conditions are getting worse, which is unchanged from January, while 20% said conditions are the same, down from 24%. Additional findings show 33% feel conditions are getting better, up from 31% in January; 40% say things are getting worse, up from 38% in January; those who say conditions are the same dropped to 25% from 26% in January; 56% rate the current economy as poor, down from 57% in January; 32% rate it fair, down from 34%; 7% rate it good, unchanged; and 3% say the economy is excellent, up from 2%.

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TNS Posts 4Q/10 Revenues Down 1.7% Y/Y, Up $2mm Q/Q

TNS total 4Q/10 revenue for was down 1.7% to $135.1 million from the year ago figure of $137.5 million. Adjusted earnings decreased 21.1% to $14.5 million, compared to adjusted earnings of $18.4 million in 4Q/09. Revenues from the Telecommunication Services Division decreased 3.0% to $66.3 million from 4Q/09 revenue of $68.4 million, thanks in part to acquisition of Cequint having contributed revenues of $2.3 million. However, revenue from the identity and verification services decreased 9.5%, or $2.9 million; revenue from network services decreased 3.2%, or $0.9 million; and revenue from registry services decreased 10.5%, or $0.8 million, due to a decrease of $1.1 million in TNS’ service order administration business which was partially offset by an increase of $0.3 million from IP registry services. TNS acquired Cequint on October 1, 2010 and has included their results in the Telecommunication Services Division from the dates of acquisition.

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PAX Appoints President and CEO of U.S. Operations

Andy Chau has been appointed President and CEO with PAX innovative electronic payment terminal products for its United States operations. He will direct and drive business activities in the United States for PAX POS solution providers. Bringing with him over 15 years of industry experience, Chau most recently co-founded and served as the CTO for SoundPOS which was acquired by a private investment firm in 2010 after having served as VP, technology at Hypercom. He holds a Master’s Degree in Information Technology from Harvard University, a Master’s Degree in Electrical Engineering from the University of Wisconsin at Madison and a Bachelor’s Degree in Computer Science from the State University of New York at Buffalo.

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Fiserv Acquires M-Com to Enhance mBanking and Payments

Fiserv has acquired Mobile Commerce (M-Com) nternational mobile banking and payments provider to enhance its existing mobile channel capabilities under undisclosed terms. This after having been partners since 2008 and jointly developing the “Mobile Money” from Fiserv to hundreds of financial institutions. GA-based M-Com was founded in 2000 and will accelerate the development of innovative solutions for clients currently shared with Fiserv. Fiserv will have the ability to integrate M-Com mobile banking and payment technology into current product offerings, as well as leverage that technology for transformative new solutions. Current M-Com clients will benefit from Fiserv’s digital banking and payments expertise, deep resources and ongoing investments in mobile financial services.

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Bangor Savings Bank Deploys Datacard Software

Bangor Savings Bank has implemented the Datacard “CardWizard” secure ID and card personalization solutions software for instant-issue MasterCard debit cards. This lets new bank customers become cardholders within hours after leaving the branch with their new debit card. Bangor Savings Bank is working with Datacard Group on a three-phase implementation that will consist of rolling out the “CardWizard” software to all 55 of its branch locations throughout Maine by mid-year 2011. Providing the personalized MasterCard debit cards in a matter of minutes to its customers, Bangor Savings Bank is utilizing the Datacard “FCP 20/20” card printer for brilliant, high-definition, full-color retransfer printing, approved by both Mastercard and Visa.

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Fiserv to Roll Out New Prepaid Solutions

Fiserv financial services technology solutions is expanding its digital payment portfolio and launching a new set of prepaid solutions. Fiserv will offer prepaid processing, turn-key program management, and support of general purpose reloadable and payroll cards for large financial institutions and corporations. Fiserv has acquired prepaid card processing and other technologies developed by Maverick Network Solutions, a Delaware-based provider of advanced prepaid and reward and incentive card programs. This next generation of prepaid allows Fiserv to add the convenience of reloadable, brandable cards to its payment networks such as “CheckFree” RXP, “ACCEL/Exchange,” “ZashPay” and “CheckFreePay.”

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i2c Prepaid Card Processor Expands Internationally

i2c prepaid and payment processing has expanded its global client roster on three continents, demonstrating the strong demand for the “My Card Place” (MCP) processing platform. Used by card issuers and program managers to quickly launch, grow and manage profitable prepaid card programs, MCP in Stockholm will serve payment acquirer servicing banks and merchants to manage prepaid payroll programs. In Central America, a leading bank card and merchant services provider based in Belize recently launched a program to bring prepaid cards to credit union consumers throughout the Caribbean. Also a Johannesburg-based ATM and prepaid card processor has partnered with i2c to upgrade its processing technology which is currently used to power some of the largest prepaid programs in South Africa.

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EastPay Awards its First Leadership in Payments

EastPay has presented its first-ever Leadership in Payments Award to Richard R. Oliver, Executive VP and Director of the Retail Payments Risk Forum of the Federal Reserve Bank of Atlanta. This recognizes his 38-year career consisting of his leadership in the advancement of electronic payments, having focused on providing efficient, effective, and secure e-commerce. The award was presented at EastPay’s Information Interchange 2011 conference. His early involvement in the ACH system led him through several trailblazing roles, and ultimately to a position that since 1998 has included leadership of the Fed’s check and ACH services nationwide. In this role, Rich has been an innovative guiding force, leading the Fed in its provision of efficient and reliable check and ACH services. Through the partnership he has developed with the NACHA community, he has helped the industry adapt to the growth and fast-evolving dynamics within the current ACH environment.

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Bill.com Launches Receivables Feature

Bill.com paperless bill management and payment has launched its “Bill.com Receivables,” available to all existing and new users looking to better manage their day-to-day financial operations online. Receivables more than doubles the business processes capable with Bill.com, letting users send custom invoices, collaborate with customers and receive electronic payments. This lets users email personalized invoices and send automatic reminders; create a branded “payment portal” for each customer, letting them make payments; and lets customers add bank account information to make ePayments and set up recurring payments. Customers can also pay via credit card.

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Fiserv Acquires Credit Union On-Line

Fiserv financial services technology solutions has acquired Credit Union On-Line (CUOL) credit union service organization that runs an outsourced version of the Fiserv “XP2” account processing solution. CUOL has been providing data processing solutions for credit unions since 1980. Most recently, it has focused on offering a hosted, ASP version of the latest release of the XP2 account processing solution. It is the first data center to leverage XP2 in a service bureau environment and has developed proven techniques to maximize the efficiency of delivering the advanced account processing solution in this model.

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