MimoMonitors.com has made available its “iMo Monster 10” POS terminal touchscreen monitor, expanding the viewing area from 7 inches to a full 10.1 inches of display. Easily portable for tablet style use or mounting, the “iMo Monster” is 1-inch thick, weighs 1.77 lbs. and features a best-in-class 1024 x 600 resolution â offering sharp graphics and clear images for video, graphics, and a full range of business applications. The 10″ Monster is ideal for POS data input and signature capture for retail industries, among others. Supporting both Windows and Mac OSX operating systems, the ‘Monster’ allows users to de-clutter their primary desktop monitor and offload applications.Details
Ukash online-cash payments has made available its e-cash vouchers at 200 POS terminals operated by epay. Ukash has signed a deal with epay to allow customers in New Zealand to get Ukash vouchers in convenience stores across the North and South islands. Kiwi consumers can now get Ukash vouchers to shop, pay and play online using cash, as the demand for spending safely on the internet continues to rise. A paper voucher will be issued at point of purchase with a code that is redeemable at any site where Ukash is accepted. Ukash vouchers can be combined, split or converted; a convenient way for consumers to shop online across websites from different countries.Details
Radiant Systems announced that it has launched “CounterPoint SmartAlerts,” a powerful new tool within its CounterPoint retail product suite. Helping retailers monitor activities within each of their stores by receiving timely alerts via SMS text and e-mail. SmartAlerts analyzes retail POS transactions, customer information and inventory data to help retailers improve operations, prevent fraud and provide better customer service by offering over 20 key performance indicator alerts. “SmartAlerts” enables retailers to easily monitor their businesses at all times so immediate action can be taken based on alerted activity that could affect their bottom lines.Details
American Express announced its Cardmembers will be at the Front Of The Line on June 28th to attend the gala Canadian premiere of one of The Twilight Saga: Eclipse. On June 23rd at 10 a.m., American Express gave tickets away to Cardmembers for this exclusive event via ticketmaster.ca/amextwilight, which sold out in one minute. The red carpet premiere will feature guest appearances by cast members Bronson Pelletier*, the Canadian actor who plays Jared of the Wolf Pack, and Kiowa Gordon*, who plays Wolf Pack member Embry Call in the film, a gala screening of the movie, and an after party. This special preview event takes place on June 28th, before the movie opens to the public on June 30th, and will be limited to 200 Cardmembers plus a guest on a first come, first served basis. The entire event will take place at downtown Toronto’s Historic Winter Garden Theatre.Details
MoneyGram International money transfer has partnered with National Bank of Abu Dhabi (NBAD) to expand into the UAE market. The strategic agreement will make available international money transfer services via mobile phones available for the first time to the bankâs customers all over the UAE. NBAD is the first MENA bank to allow international remittances via mobile phones to more than 200,000 locations across 190 countries around the globe. This will enable NBAD customers to initiate mobile money transfers virtually any time and any where, without the need to go to a retail location.Details
An astounding 44% of U.S. banks and credit unions have changed their pricing on overdrafts since last year, with 7.1% getting into overdrafts for the first time and 6.4% having altogether stopped this service. Additionally, 6.5% of banks and credit unions surveyed decreased the price of an NSF or overdraft. These findings, according to a national statistical study by Moebs $ervices of more than 2,000 banks and credit unions, the average price of an NSF is $26.25 and for an overdraft is $27.01. Those increasing their prices are charging $29.31 for an NSF and $30.02 for an overdraft. Banks and credit unions decreasing prices charge $23.29 for an NSF and $24.83 for an overdraft.
Increased Price 20.5%
Decreased Price 6.5%
Increased & Decreased 2.2%
Started an OD Program 7.1%
Stopped OD Program 6.4%
Out of Business 1.6%
Made a Change 44.3%
SOURCE: Moebs $ervices
State Employeesâ Credit Union (SECU) and the Haliwa-Saponi Indian Tribe of Halifax, Warren and surrounding counties in North Carolina have reached an agreements to place an SECU “Cash Points” ATM on tribal grounds in Hollister, North Carolina. This is to be the first scheduled installation of an SECU ATM on the Indian Tribeâs property, with activation slated for July 2010. The Haliwa-Saponi Indian Tribe has over 3,800 enrolled members, with more than 70% residing within a 6-mile radius of the town of Hollister, in Halifax and Warren Counties. SECU non-profit financial cooperative is owned by its members and has been providing the employees of the State of North Carolina and their families with consumer financial services for more than 70 years.Details
SANASA Development Bank, Colombo, Sri Lanka, will be live on the Fiserv
“Signature” bank platform and Teller solution. Offering a full range of
account processing, branch tellering and transaction processing
functionality, the Fiserv solutions allows the bank to put more
efficient processes in place and enhance the customer experience through
streamlined services. This gives SANASA Development Bank cost-effective
base for growth as it expands its presence in the rural areas of Sri
Lanka through new branches and other non-traditional banking locations.
The bank is now using Signature and Teller in flagship and new branches,
including a fully operational Jaffna branch, and is converting other
branches on a rapid, self-scheduled timeline.
Experian global information services company has purchased RentBureau credit bureau for the multifamily industry, bringing to the company an extensive rental payment database for property managers and resident screeners. RentBureau’s database receives rental payment histories every 24 hours from its national network of apartment owners and managers, which currently includes more than 7 million residents nationwide. The planned inclusion of rental history in credit files promises a great benefit for renters, especially those among the United States’ 50 million underbanked consumers. Rental lease payments will be leveraged by consumers to qualify for new leases or other financial products that they deserve. As a result, members receive centrally stored, integrated verification of new applicants’ payment history as part of their existing apartment applicant screening services. Experian also will offer its resident screening partners this robust data to significantly reduce the risk of skips, bad checks, evictions and property damage.
FreedomPay intelligent transaction management solutions passed the 1,000 client milestone for its “FreeWay” Software as a Service (SaaS) payment and transaction gateway. First launched in April 2009, “FreeWay” breaks down the traditional silos that have long encumbered payment processing and transaction businesses. It enables greater marketing effectiveness and visibility through newly-available intelligence and analysis. FreeWay joins all areas of payment and transaction processes into a single, easy-to-use interface and reporting system, eliminating the need for companies to change or add system architecture. The “FreeWay” architecture is ideal for continuously expanding or changing retailing enterprises that have franchised, and have multiple and disparate locations.Details
Trustwave information security and compliance solutions is set to implement its end-to-end encryption solution for the payment card industry. Persistently encrypting this data renders it unreadable to unauthorized third parties, such as hackers, who try to steal sensitive information, offering another layer of defense against hackers or any unauthorized third party. Implementing end-to-end encryption helps merchants reduce the scope of their PCI DSS compliance validation process. While merchants are required to validate compliance, if cardholder data is encrypted, the applicability of the PCI DSS review to their business is greatly narrowed. This helps reduce merchantsâ compliance costs and significantly lowers the risk of a card compromise. Many industry experts agree that this approach â end-to-end encryption â is the future of credit card security.Details
SmartMetric has filed an opposition to defendant MasterCard Incorporated and Visa’s June 14, 2010 “Motion to Dismiss for Failure to State a Claim.” In its opposition to the defendant’s motion to dismiss, SmartMetric is reiterating the defendants have adequate information to answer, and the Court should subsequently deny their motion and Order defendants to do so. A hearing on the defendant’s motion is presently scheduled to be heard on July 12, 2010 at 2:00 pm in the United States District Court for the Central District of California. SmartMetric has developed a portable biometric identity and transaction card capable of storing a wide variety of personal information while protecting you against identity theft and fraud.Details