MoneyGram Appoints Executive VP & CFO

MoneyGram International has named James E. Shields executive VO and CFO effective July 13. Bringing with him more than 10 years experience in executive leadership, James was most recently senior VP finance and treasurer for Royal Caribbean Cruise Lines. Previously, he was vice president and treasurer of Celanese Corporation, a $6 billion chemical company with worldwide operations. Prior to that, Shields was vice president and chief financial officer for consumer markets at Qwest Communications International, where he was part of the new senior management team that restructured the company’s balance sheets and restored company’s financial, accounting and operational integrity.

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HID & INSIDE Launch Secure mNFC Application

HID Global ID security and INSIDE Contactless open-standard contactless chip technologies have inked agreements to introduce the “iCLASS” access control and ID credentials for NFC mobile phones. Delivered on the HID Global “Trusted Identity Platform” system, the “iCLASS” virtual credentials for NFC mobile phones allows for the substitution of numerous plastic cards for a variety of commercial and consumer identity applications. This pertains to physical access control, secure PC log on, time and attendance monitoring, equipment and material checkout, authorized access to office equipment and manufacturing machinery, private label retail payments, prepaid transit passes, and customer loyalty and membership programs. INSIDE is in the process of updating its microread NFC controller to implement the command set and protocol that will allow it to communicate with HID iCLASS readers, and iCLASS support will be a feature of all the company’s future NFC products.

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Hypercom Self-Service Ticketing Reaches Spain

System integrators Indra and Telvent will install more than 1,000 Hypercom Artema Modular self-service card payment terminals at 293 Metro de Madrid stations to speed ticketing, to serve nearly 2.5 million commuters per day. Hypercom’s Artema Modular unattended payment terminal has become the product of choice for integrators and operators of self-service systems throughout Europe. At toll roads, parking meters and ticketing machines, Artema Modular provides card payment solution, which has been designed to ensure the highest levels of transaction security.

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1.800.VENDING Offers Card Vending Machines

1.800.VENDING is now offering its machine with credit/debit card capabilities. Being able to accept credit cards means bigger profits for the distributor’s vending machine business and technology that allows vending machine owners to monitor and manage sales, profit margins, and inventory remotely from their home or business computer. Case studies have shown that cashless vending technology increases sales by 15 to 20 percent. Not only are more people able to buy the vended products, but studies even show that consumers spend more with each sale when the vending machine accepts debit and credit cards.

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C$ cMoney Appoints Board of Directors

cMoney has announced Dr. Larry B. Wilson and Melvin Tekell have joined
its board of directors. Dr. Wilson joins the C$ cMoney board to
contribute his knowledge in complex contracting and cash flow management
across diverse operations to the company. His experience in negotiating
acquisitions will be especially important as C$ cMoney continues to
acquire payments-related companies. Tekell also brings extensive business
management experience to the board of directors of C$ cMoney, including
expertise in financing, negotiating complex contracts and managing
operations.

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Fiserv Implements Platform for Albemarle Bank

Albemarle Bank & Trust has selected the “Premier” bank platform from Fiserv. A highly scalable solution, “Premier” will accommodate Albemarle’s plans to become a full-service community bank in North Carolina later this year. Adding Fiserv Internet banking, branch source capture and merchant source capture to the bank’s offerings allows the Bank to offer an all-in-one, user friendly solution with products and services that differentiate the organization from larger national and regional competitors. A robust technology plan ensures a proper blend of new technology with the services and products long-term existing customers still request.

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IHG and Chase Launch New Visa

Chase Card Services and IHG (InterContinental Hotels Group) have introduced the “Priority Club Select” Visa Card, designed by frequent travelers. Developed using direct feedback from consumers on the Company’s private online community, comprised of members of IHG’s loyalty “Priority Club Rewards” program, the “Priority Club Select” Visa Card offers ongoing automatic 10% rewards rebate feature and 30,000 bonus points after the first purchase is made using the card with no annual fee the first year. Additional features include an annual free night certificate good at more than 4,400 IHG hotels worldwide; Gold Elite Status for the life of the card with access to late check-out at certain properties; two points earned for every $1 spent on everyday purchases and no foreign transaction fees.

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Card Activation Notified on Reexamination

Card Activation Technologies announced on June 23 the United States Patent and Trademark Office issued a “Notice of Intent to Issue Reexamination Certificate” in the reexamination proceeding involving Card Activation Technologies’ U.S. Patent number 6,032,859 covering the processing of debit purchase transactions such as purchases using gift cards. The Notice confirms the Patent Office’s finding of patentable claims in the proceeding and its intent to issue a Reexamination Certificate confirming the patentability of those claims. Card is actively enforcing the ‘859 Patent against infringing retailers in multiple, ongoing lawsuits, and has entered into licensing agreements with numerous other retailers.

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Smart Cards Expert Joins ABI Research

ABI Research has appointed John Devlin as Principal Analyst, Smart Cards and Embedded Security. Within ABI Research’s Smart Cards and Embedded Security Research Service, John Devlin will focus research and management efforts on markets and technologies for smart cards and chip cards, authentication, identification, payments, and data protection. His research focus has been on mobile, contactless/NFC, smart cards, payment acceptance and ID. Since 2001, he held positions of increasing seniority at IMS Research in the UK, eventually becoming Research Director, Financial & I.D. Technologies Group, a new business area which he developed for the firm.

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OPEN SOLUTIONS

Open Solutions Canada announced nearly $1 million in new investments in its data centre in Vancouver, as well as new services augmenting the data processing centre’s existing offerings to the industry. Open Solutions is a provider of integrated enabling technologies for financial service providers across the United States, Canada and other international markets. Open Solutions Canada has implemented state-of-the-art IBM / AIX systems and Hitachi storage solutions inside the data centre which will offer greater reliability and redundancy for the company’s clients. The data centre completed the deployment of an automated job scheduling solution for the TCCUS®/DNA banking environment that improves efficiency through automation of application processing.

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eBay Makes New Apps Available Internationally

eBay online marketplace has international released its “eBay Selling” and its “eBay for iPad” applications. The “Selling” application is now available in Germany and the United Kingdom, and the “eBay for iPad” application is now translated into French, Italian, German and Spanish for international users and is currently available through Apple’s 77 iTunes(R) App Stores. This developemnt will allow sellers in Germany and the United Kingdom to leverage eBay’s Selling iPhone application to sell items on their local eBay marketplaces. The latest version of the “eBay Selling” application is the first of eBay’s suite of mobile applications to integrate the accurate RedLaser barcode-scanning technology. eBay sellers in Germany, the United Kingdom and the United States will now be able to quickly create listings by simply scanning an item’s barcode to access pricing trends, product details and list items from eBay’s catalog for sale.

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