eBay Shoppers Set Records For Busiest mShopping Day

eBay mobile GMV grew 127% in the U.S. and 165% globally on Sunday, Dec. 12 -“Mobile Sunday”- over the same Sunday last year. Mobile holiday shopping on eBay peaked globally on the second Sunday of December for the second consecutive year, having generated nearly $5 million in GMV in the US and $13 million in GMV globally. eBay mobile GMV was up 38% on “Mobile Sunday” over Cyber Monday 2010. Clothing and accessories topped the list of most-sold items among U.S. shoppers buying with their phones, with the top five U.S. states by sales volume including California, Pennsylvania, Florida, Indiana, and Ohio. U.S. mobile shopping peaked between 1:00 p.m. – 4:00 p.m. EST with more than 9,500 transactions per hour.

Details

Blaze Mobile Invents New “Smart” Payment Sticker

Blaze Mobile mobile payment solutions invented a “smart” sticker, letting information transfer in real-time to a mobile device without a carrier network. When consumers make contactless purchases, the data is sent directly from the sticker to the mobile device, eliminating the need for a carrier network or WIFI. The sticker, which can be used on any mobile device, offers Blaze’s users real-time account information whether in a store, subway, transit station, airplane, or anyplace without cell phone reception. The data transfer works in both directions, so the mobile device can also transmit information to the smart sticker without using a carrier network or WIFI. This new sticker improves upon Blaze’s first mobile payment sticker, which was introduced as a solution to the lack of NFC cell phones in the marketplace. Blaze servers deliver this digital receipt to the mobile device OTA using the carrier network over the course of a few seconds.

Details

Cybercom joins PCI Security Standards Council

Cybercom is approved to join a new Forensic Investigator program that simplifies for companies and organisations to hire and work with forensic experts like Cybercom. The PCI SSC Forensic Investigator program aligns industry requirements for identifying and approving forensic investigators. PCI SSC has assessed Cybercom’s employee skills, methods, quality control, equipment, credentials, and insurance coverage. The SSC will manage a centralized public listing of PCI Forensic Investigators that are subject to the Council’s quality assurance reviews. Organizations requiring forensic investigative services can now consult a single central resource recognized by each payment card brand.

Details

Nelnet Joins the Secure Vault Payments Network

Nelnet Business Solutions announced they will join the Secure Vault Payments network and offer the online payment option to their more than 700 higher education clients. Secure Vault Payments is a safe and secure online payment network developed by NACHA and eWise online payment & personal financial management solutions. Designed specifically for the unique security and convenience requirements of online payments and ecommerce, Secure Vault Payments enables students to make fast and secure tuition payments through their financial institutions’ online banking platforms without enrolling, registering or sharing any account information with the school. Financial institutions authenticate students and provide schools with real-time authorization and confirmation of ACH transactions.

Details

LifeLock’s Priorities Pay Dividends in 2010

LifeLock proactive identity theft protection has reached more than 3,500 law enforcement officials and more than 5,500 consumers to share educational curriculum surrounding the growing threats of identity theft. LifeLock will end the year having presented to 30 one- and two-day Identity Theft Summits for law enforcement. From Seattle to Boston and from New Orleans to Milwaukee, the free summits bring law enforcement together in an environment to learn from current investigators the varying methods and generations that thieves are using as well as best practices to investigate cases. This program has positioned LifeLock to receive recognition from the Communitas Awards for Leadership in Community Service and Corporate Social Responsibility. The educational program was also recognized by the International Business Awards where the LifeLock Corporate Communications Team was named Communications Team of the Year for their commitment to helping educate law enforcement officials.

Details

United Federal CU Implements FIS Core Processing

FIS banking and payments technology has signed an agreement with United Federal Credit Union for its MISER core processing solution, which will also deploy FIS’ “Connections” CRM solution. The solution can scale in support of United Federal’s growth strategy and provides advanced lending, collections and charge-off functionality. This will help the credit union maximize income on deposit accounts. FIS’ “MISER” core processing solution for credit unions delivers increased efficiency, revenue and profitability through its integrated and scalable design. With MISER, credit unions can service both retail and commercial customers, increase the speed of member service requests and transaction processing and manage workflow by interfacing with documents, images and cross-selling opportunities.

Details

SkinnyBytes Launches Power-over-Ethernet PC

SkinnyBytes has launched its “PoE-156 ‘Touch’” 15.6” All-In-One Power-over-Ethernet (PoE) computer. Engineered for extremely low power consumption and able to receive all of their power over a standard network cable via Power-Over-Ethernet. The PoE-156 supports VESA mounting, making it ideal for a variety of environments including schools, healthcare, POS, industrial, or digital signage. It is focused on offering value and efficiency through only one cable for power and data. It is also quipped with built-in stand or VESA wall/panel mount.

Details

mopay Achieves Record Global Growth in 2010

mopay payment solutions for online merchants posted record global growth in 2010 following the launch of its official U.S. headquarters in Palo Alto, Calif. mopay added 150 new merchants globally, with the U.S. already accounting for 15 percent of all new merchant signups and added 20 countries to its coverage list in 2010. With this, the Company saw growth and success that resulted in significant momentum and now covers 80 countries. Concurrent developments include having extended its existing mobile payment solutions portfolio to landline payments with the launch of “mopay call” and the “mopay 2go” to address the exploding mobile apps market in Europe, the U.S. and APAC.

Details

Fiserv Marketing Website Deploys Marketing Tools

The Fiserv online payment marketing website has been enhanced to provide financial institutions that use the “CheckFree RXP,” “Paytraxx” or “ZashPay” access to marketing materials. These materials can be used to support marketing and channel management and include primary market research from Fiserv, marketing planning and execution guides, interactive online tools and creative campaigns. The campaigns and materials available through the marketing website are based on more than a decade of Fiserv investment in research on online banking and payment behavior, including segmentation, adoption trends and the response of consumers to various creative appeals. Financial institutions that took advantage of one or more Fiserv-developed online bill payment marketing campaigns saw active users grow an average of 21% to nearly 32%, versus an average growth of 16.5% for non-marketers.

Details

Payment Data Systems Sees Highest Payment Volume

Payment Data Systems electronic payments solutions processed the highest credit card dollar volume in October than any month in 2010. With this, combined with November figures, the Company is projecting the totals for the fourth quarter will be the best of the year and for a 15-20% increase over the previous quarter. This growth is thanks in large part to the makeup of our client base which is predominately large recurring billers like insurance companies and the fact that we have fewer retail merchants in terms of volume. Also to thank are the increases in continuing sales efforts.

Details

Wincor Nixdorf Introduces Anti-Skimming Module

Consumers are largely unaware of major security threats at ATMs and popular fraud tactics such as ATM card skimming, but would switch banks if another institution demonstrated it provided more secure ATMs. This, despite an overwhelming concern about ATM fraud and according to a recent Wincor Nixdorf survey and the Secret Service, also showed skimming causes $350,000 in monetary losses each day and is occurring five times more frequently this year than ever before. In response, Wincor has also introduced its “Anti-Skimming II Module” to thwart attempts to steal card data at ATMs when skimming devices are attached to the card entry slot and the customer’s PIN is stolen. It recognizes a wide variety of skimmers when they are mounted on the ATM and disrupts them in their attempts to read card data. If a suspicious device is detected, the system initiates a silent alarm. Follow-up actions, such as video monitoring and recording, can also be triggered.

Details

Host Merchant Services Partners With imSMB

Credit card payment processing firm Host Merchant Services has announced a new strategic partnership with small business web hosting company imSMB to provide merchant accounts and related services to imSMB’s customers. Specific terms of the deal have not been made public. Host Merchant Services offers discount credit card processing rates and has recently attracted a number of web hosting firms as clients. imSMB is a hosting provider which focuses on delivering turnkey web hosting packages custom website designs to the small and medium sized business (SMB) market. In addition to web hosting services the company also offers complete step-by-step solutions for website design, SEO, training, iPhone development and online marketing.

Details