HID Global Releases OMNIKEY 6221 USB Reader

Secure identity provider HID Global has introduced the “OMNIKEY 6221” USB reader.
The portable, dongle-sized USB smart card reader includes a removable
MicroSD flash memory slot and reader for subscriber identity module
(SIM)-sized contactless smart cards. OMNIKEY 6221 delivers data protection and secure content
issuance using encryption and digital signatures in conjunction with PIN
protection. This provides the assurance of two-factor authentication in
a pluggable, SIM-sized contact smart card format that is ideal for
protecting data and any licensed content that is used by today’s
increasingly mobile workforce. The removable SAM module gives
organizations the flexibility to re-use the reader by simply issuing a
new SAM module when needed. The “OMNIKEY 6221” measures 3.7 inches long by 1.02 inches wide by 0.59
inches high and is designed to meet all major
standards including ISO 7816, Microsoft® WHQL, USB CCID, PC/SC, HBCI
(Home Banking Computer Interface) and the PC-2001 specification. In
addition, it works on any operating-system platform supporting CCID and
USB removable media, without requiring any drivers to be installed.

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Cardtronics to Present at the UBS Global Technology Conference

Cardtronics, the world’s largest non-bank owner of ATMs, will be presenting at the UBS Global Technology and Services Conference on Wednesday, June 9 at the Crowne Plaza Times Square hotel in New York City. The Company’s presentation is scheduled to begin at 3:30 p.m. Eastern Time. A simultaneous audio webcast of the presentation will be available online through the investor relations section of Cardtronics’ website at http://www.cardtronics.com. The webcast and any presentation slides will be archived on the website shortly following the presentation and will remain available for 30 days.

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Nebraska Restaurant Association Names Heartland Allied Partner of the Year

The Nebraska Restaurant Association (NRA) has awarded Heartland Payment Systems its 2009 Allied Partner of the Year Award for the second time since 2005. Heartland is the NRA’s exclusive endorsed provider of card processing, gift marketing, payroll services, tip management and check management services. Heartland and the NRA have been partners since July 2001, only one facet of a larger strategic alliance with 40+ state restaurant associations, the National Restaurant Association and the Council of State Restaurant Associations to help restaurateurs maximize profitability.

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TSYS Successfully Completes DnB NOR Kort Conversion

TSYS payment outsourcing has converted the Norway-based DnB NOR Bank MasterCard portfolio to the “TSYS’ PRIME” card and merchant management solution. TSYS provided the DnB NOR Kort credit-card operator a migration plan for its 2.2 million MasterCard credit cards, following a phased migration of its American Express cards, from a variety of external legacy systems to a single in-house PRIME solution. With support from TSYS, DnB NOR Kort was able to implement a SEPA-compliant solution with the flexibility needed to deliver cost-effective and leading-edge customer services. TSYS assisted the bank with project design, planning methodology and systems integration, helping DnB NOR Kort achieve secure, high-volume transaction processing. An additional 0.7 million cards, including DnB NOR Kort’s VISA cards, will be migrated to the PRIME platform in the final phase of the migration.

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Bling Nation Adds Head of Strategic Alliances

Shan Mehta has been appointed to the Bling Nation management team. In his new role, Mehta will lead Bling Nation’s strategic alliances, will focus on the development of prospective strategic partnerships for the company, and maintaining and expanding existing relationships. Shan was the owner of Detroit-based Evigna promotional merchandise distribution company, where he was instrumental in the acquisition, restructuring and strategic direction. Prior to this, he served as an analyst for New York-based Princes Gate Investors, a Morgan Stanley private equity fund, where he focused on venture investments in enterprise software, storage and semiconductor companies. He also worked as an investment associate at Chicago-based GTCR private equity firm, where he evaluated potential investments in software and service companies, and is a partner at CITG Capital Partners, an investment firm based in Michigan.

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Discover U.S. Spending Monitor Falls 1.1 Points in May

Following two consecutive monthly gains, with a surge in in April, a consumer confidence boost was led by 18- to 39-year-olds. But confidence declined in May as this group decided to start spending less in May. This resulted in a subsequent 1.1 point drop to 90.4 out of 100 on the Discover U.S. Spending Monitor, a poll of 8,200 consumers tracking consumer confidence and spending intentions, and a 3-point decline in those whom believe economic conditions are improving to 31%. Meanwhile, 52% of these younger consumers rated the economy as poor, an increase of 7 points from the previous month, while older consumers rating the economy as poor increased only three points. Also, those aged 18-39 who felt economic conditions were worsening increased 4 points to 44%; felt their personal finances were getting worse increased 5 points to 44%; while 25% felt their finances were getting better in May, a 1 point drop from the month prior. Overall, 10% of consumers would spend more on discretionary items, a 1-point decline from April; 56% of consumers planned to keep their overall spending flat in the month ahead; a 1-point decline in the number of consumers planning to increase spending in home remodeling or new appliances to 17%; a 1-point decline in the number of consumers planning to increase spending in vacations or furthering their education to 15%; and a a 1-point decline in the number of consumers planning to increase spending in sporting events, restaurants or hobbies to 10%. As 51% of consumers rated the economy as poor in May, 45% feel economic conditions are getting worse, a 2-point increase from the previous month, but 48% expect to have money left over after paying monthly bills, the highest since February.

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GAO CONTACTLESS

Online shopping site Taobao and Yahoo! JAPAN have launched complementary online shopping services that connect
Japanese consumers with Chinese merchants and Chinese consumers with
Japanese merchants. Japanese consumers can now buy goods from Taobao merchants in China
through Yahoo! JAPAN China Mall, a new website
opened within Yahoo! JAPAN. Chinese consumers can buy Yahoo! JAPAN
Shopping goods through the new TaoJapan website opened as
part of Taobao. Consumers of both countries will be able to buy products
available in the other country exactly in the same way as they normally
shop from e-commerce platforms in their own country, bypassing the usual
barriers such as language, laws, delivery logistics, and payment issues.
Taobao and Alibaba.com Japan Co., Ltd. will jointly operate TaoJapan.
Alibaba.com Japan will serve as fulfillment service provider for Yahoo!
JAPAN China Mall. Yahoo! JAPAN has
approximately 52.11 million unique users monthly and about 2.03 billion
page views daily. It includes search, content, community, e-commerce,
and mobile services among its many services.

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Kudzu Interactive Raises $7 Million Series B Funding

E-commerce solution provider Kudzu Interactive for the
casual dining takeout food market, announced a $7
million Series B funding round led by Norwest Venture Partners (NVP).
Additional funding commitments came from existing high net worth
investors. The company has raised $11 million total to date.
Snapfinger enables users to access more than 28,000 restaurants from
leading national chains such as California Pizza Kitchen, Outback
Steakhouse, and Boston Market, as well as local independent restaurants
currently in its network. The product uses location-based technology to
find nearby restaurants and enables the user to order food and complete
the payment transaction in a matter of minutes. Snapfinger is fully
synchronized with the restaurant’s POS (Point of Sale) system, ensuring
order accuracy, real-time menu updates and accurate prep times.
The funding will support aggressive sales and marketing initiatives and
expand the business in a number of different areas, including mobile and
iPad product development and real-time transaction based marketing
features. With today’s announcement, Josh Goldman and Jeff Crowe,
general partners at NVP, will join Kudzu Interactive’s board of directors.

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NJ & NY Transit Agencies Partner with MasterCard For Tap & Go Payment

The Metropolitan Transportation Authority (MTA), Port Authority of New York and New Jersey (PATH), NJ TRANSIT (NJT) and MasterCard Worldwide launched a six month MasterCard “PayPass” pilot program, beginning June 1st. With this, “PayPass” will be accepted for fare payments on select train and bus routes throughout New York City and New Jersey, allowing riders to purchase fares and transfer between transit systems by tapping a single contactless card or device. The first payment system to link the transit agencies, replacing the need for riders to carry specific fare cards for three separate transit systems, commuters transferring from a PATH train to the New York City subway will need only one “PayPass” payment device for each ride. Specially-equipped payment readers featuring the MasterCard PayPass brand mark and universal contactless symbol have been installed on select turnstiles and fare boxes along these routes to alert commuters that contactless payments are accepted. Both “Pre-Fund” or “Pay-As-You-Go” fare options are available on the MTA and NJT services.

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Magento Rolls Out Magento Mobile

E-commerce technology provider has unveiled “Magento mobile”, a new
product that addresses the growing need for merchants to reach consumers
through mobile devices. “Magento mobile” includes deep integration with Magento’s fast-growing
e-commerce platform, used by more than 60,000 merchants around the
world; and uses PayPal’s mobile payments library to provide a seamless
and fast checkout experience from a mobile device. Unlike other mobile-commerce solutions which simply re-theme a
merchant’s website for mobile browsers (mobile Web), Magento’s product
transforms a retailer’s product catalog into a fully-functional,
branded, native application which merchants can use to interact and
transact with their most valuable customers in a way unlike any other
channel. Magento is a feature-rich, professional e-commerce platform solution that offers merchants complete
flexibility and control over the presentation, content, and
functionality of their online channel. Magento’s intuitive
administration interface features powerful marketing tools, a
catalog-management engine and is SEO optimized to give merchants the
power to create sites that provide an unrivaled and rich online shopping
experience for their customers, tailored to their unique business needs.

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