Capital One Unveils Student Rewards Credit Card

Capital One has made available its “Journey” Student Rewards Credit Card to help college students build their credit with confidence and reward them for responsible credit use. The card offers straightforward cash rewards with 1% cash back on all purchases and an additional 25% bonus on the cash earned each month that cardholders pay their bill on time. With a variable APR of 19.8% on purchases and no annual fee, the “Journey” card offers a low initial credit limit as cardholders familiarize themselves with how credit works. Tools such as free customizable text/email alerts help students manage their credit by keeping track of their spending and payment due dates. The Card is designed to give students the information they need to manage credit wisely, coupled with built-in guardrails and rewards to help keep students on track as they build a credit history.

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NCR and McAfee Unveil ATM Security Solution

NCR ATMs has extended its security offering through a new agreement with McAfee security technology company. NCR has begun offering “Solidcore Suite” for APTRA for use with the McAfee “ePolicy Orchestrator” platform. The “Solidcore Suite for APTRA” is a multivendor ATM software security solution with real-time centralized management that prohibits the introduction of unauthorized code to an ATM and protects the system from insider attacks. With this, NCR and McAfee have developed a new version of “Solidcore Suite” for APTRA that runs seamlessly with McAfee ePO software and proactively allows only authorized code to run, rather than reacting to known or unknown attacks as they arise.

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ControlScan Reporting Addresses Non-PCI Compliance

ControlScan PCI compliance solutions has unveiled its “Merchant Milestone Reporting” enhancement to its PCI Dashboard. This lets acquirers and ISOs see their portfolio compliance within a single report and segments non-compliant merchants into one of seven different compliance categories. The “Merchant Milestone Reporting” segmenting lets acquirers identify where merchants are in the compliance process and what tools, information, or coaching are needed to reach full compliance. Many Level 4 merchants do not have the compliance or technical resources internally to pursue this type of education, which means they must rely on their ISO or acquirer for valuable assistance.

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Wendy’s Implements Cybera’s PCI Compliance

Wendy’s franchisee Calhoun Management Corporation has adopted the Cybera “ONE” solution, having inked agreements with Cybera PCI compliance solution provider and ERC POS equipment for security and PCI compliance. The Cybera “ONE” solution benefits wireless security service that protects cardholder data from hacker attempts and vulnerabilities from unauthorized devices and deploys rogue access point detection services to help ensure compliance with PCI-DSS wireless requirements through. It also offers managed firewall with integrated IDS (intrusion detection service); hosted SIEM (Security Information and Event Management) with remote logging to meet PCI-DSS log retention requirements; and a hosted UTM (Unified Threat Management) through a centrally managed platform that monitors that detects and analyzes security events 24x7x365 across all locations.

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MasterCard On House Financial Services Hearing

MasterCard is pleased members of the House Financial Services Committee are examining the ramifications of the Durbin Amendment and the impact the proposed Federal Reserve Rule will have on consumers as well as financial institutions of all sizes. Debit cards are a popular form of payment and unfortunately, consumers are already seeing the impact of the proposed rule with a reduction of benefits including the loss of free checking and an increase in fees. The Company would rather merchants are charged the traditional 1% than the 12 cents for each transaction.

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U.S. Bank Looks to Reduce Its Environmental Impact

U.S. Bank has selected Hara Environmental and Energy Management (EEM) as it continues to reduce its energy and carbon emissions. Hara’s comprehensive energy and resource management software will take U.S. Bank’s sustainability efforts to the next level as it identifies further energy reduction opportunities in U.S. Bank properties, tracks and measures environmental initiatives and leverages best practices. Hara EEM will create a central repository that accesses U.S. Bank’s energy and environmental data on more than 2,200 of its owned and operated sites across 25 states. U.S. Bank was already designated an ENERGY STAR Partner by the U.S. Environmental Protection Agency for its voluntary commitment to energy efficiency and is committed to educating and providing employees and customers with solutions to help them minimize paper use through electronic banking options.

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Visa Partners for Disaster Relief Payments

Visa and the Cash Learning Partnership have got together for the distribution of money in disaster relief faster, more effective and more secure. Beginning with a focus project in the Philippines, the partnership will support the development of knowledge and tools that will help humanitarian organizations deliver relief funds quickly and efficiently to people affected by natural disasters and other emergencies. The partnership also will promote knowledge-sharing with the broader humanitarian community through the development of trainings, case studies and other resources. The Visa/Cash Learning Partnership collaboration will rely on the experience and expertise of each organization to support cash transfer programming in the Philippines ‘ a country typically at-risk for natural disasters each year.

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Jack Henry Banking & BankMarketingCenter.com Ally

The Jack Henry Banking division of Jack Henry & Associates computer systems and electronic payment solutions has established a strategic alliance with BankMarketingCenter.com to re-market the turnkey, subscription-based marketing service to banks automated by its core banking platforms. BankMarketingCenter.com is a cost-effective, user-friendly, Web-based solution that enables bankers to create print ads, direct mail and e-mail campaigns, statement stuffers, product and service brochures, posters, flyers, newsletters, digital signage solutions, and more. BankMarketingCenter.com also provides a digital sign solution for bankers to create ads or videos for lobby TVs and monitors and program them to automatically run on designated dates and times.

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Blackhawk Network Expands with Argos

Blackhawk Network prepaid and financial payments products has partnered with Argos retailer to extend its reach to the other side of the pond. Blackhawk Network Europe is working with Argos in bringing consumers in the UK and Ireland its “Gift Card Mall” solution, which is featured in 460 Argos and met with rave reviews. In response, Argos expanded the Blackhawk program into over 200 more UK stores and will be launching 39 stores in Ireland during Spring 2011. Gift Card Mall offers the most popular retail branded gift cards across a number of different categories such as fashion, entertainment, digital gaming and experiences.

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O2 & 3V Partners Launch Prepaid Reloadable Card

Telefónica O2 Ireland has launched its ‘O2 Money’ prepay money card, developed in conjunction with 3V Transaction Services Ltd Irish Payments company providing innovative prepaid debit solutions. The 3V Transaction Services will provide the end to end operating platform for the ‘O2 Money’ prepaid reloadable card. The Card also offers all the benefits and flexibility of a chip-and-pin payments card in addition to the security and control of a prepay card. The card is available to purchase in O2 Stores nationwide by customers of any Irish mobile operator who are over 18 years of age, is reloadable in increments of EUR20-EUR350 and operates on the Visa platform for broad acceptance.

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HomeATM & CardinalCommerce Launch Secure mPIN Debit

HomeATM’s PCI certified 2.1 PED “Rover POS” Internet PIN entry device (PED) has achieved PCI certification 2.1. As “friendly and easy” for a consumer to use when shopping online or on their mobile phone, with instantaneous implementation, the “Rover POS” will be delivered as part of CardinalCommerce’s “Universal PIN Debit Service” (UPDS) and available to merchants that use the Cardinal “Centinel” Universal Merchant Platform. The “UPDS” will allow Centinel merchants an additional payment option, the ability to accept online PIN debit transactions, to offer their online and mobile shoppers. The Rover will provide secure multi-factor authentication for eCommerce and mCommerce transactions with device level 3DES encryption; 4-Factor authentication; and fraud reduction/elimination.

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