BillMyParents Launches Mastercard Monitor Feature

BillMyParents introduced its “Peace of Mind Control Panel” feature. In conjunction with its teen reloadable prepaid MasterCard, the proprietary panel allows parents to monitor and manage their teens’ BillMyParents reloadable prepaid MasterCard accounts. The BillMyParents reloadable prepaid MasterCard is the debit card parents don’t need to worry about while the “Peace of Mind Control Panel,” Transaction Alerts deliver parents a text or email every time a transaction is made, including the name and location of the vendor, the amount of sale, and the remaining balance. Additionally, “Emergency Load” allows parents to instantly add funds to a card account for sudden emergencies and such.

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Dorado Names Senior VP of SaaS Operations

Ravi Balwada has joined Dorado Corporation collaborative financial cloud computing architecture as senior VP of worldwide software-as-a-service operations. He will oversee Dorado’s cloud computing-based LOS service offering and an increasing number of complex third party integrations. Balwada brings nearly two decades’ technology management experience to Dorado and most recently served as CIO and VP of On Demand Operations at SumTotal Systems to set strategic direction for the managed services and SaaS related initiatives. Ravi also managed global operations for Oracle On Demand, overseeing the commercial development and transformation of On Demand operations into an adaptive, scalable and highly optimized operating platform, serving enterprise applications on-demand and as a service. He holds a bachelor of engineering degree from Birla Institute of Technology.

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Paymetric Announces Winners of Customer Innovation Awards

Enterprise payment solution provider Paymetric have announced the winners of the 2010
Paymetric Customer Innovation Awards. The 2010 Paymetric Customer Innovation Award
winners included: Cardinal Health, Inc. for Most Innovative Use of Tokenization: Cardinal
Health, a $96 billion health care services company, has most
effectively utilized XiSecure On-Demand to the greatest advantage,
addressing the cost and scope of PCI compliance, enhanced security and
brand protection; Lenovo for Best Global Use of Technology: Lenovo demonstrated true innovation in the implementation of an
integrated payment processing solution on a global scale.
O.C. Tanner for Best Result of SaaS Migration: O.C. Tanner, an
international appreciation and recognition business, is recognized as a
long-standing Paymetric customer who experienced real business benefits
by successfully migrating from on-premise software to the XiPay
On-Demand platform.Companies were also recognized for their success in the Best Use of
Technology category. All of the winning companies have best demonstrated
how Paymetric’s XiPay On-Demand and/or XiSecure On-Demand solution
helped the organization to: improve business processes and performance;
overcome technological or organizational challenges;increase operational efficiencies;improve security and brand protection;
deliver excellence in customer service and achieve documented and/or demonstrable ROI.

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AmEx OPEN And Bolt Launch SMB Insurance Purchasing

American Express OPEN in conjunction with BOLT Insurance Agency has introduced “InsuranceEdge” integrated solution to help small business owners research, review, compare and purchase commercial insurance for their business. With “InsuranceEdge,” most small business owners can instantly price, compare and purchase commercial insurance policies. In doing so, it pairs an online module with telephone support to offer an all-in-one business insurance solution that enables business owners to obtain real-time price comparisons across multiple carriers, receive guidance from experienced and licensed BOLT agents and get round-the-clock access through a streamlined web portal. The “InsuranceEdge” allows small business owners to quickly identify an appropriate policy and compare quotes from multiple insurers to find a competitive rate before completing the full application; is available to every business owner and there is no charge to search quotes and no obligation to buy; and does not require a software download.

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Cypress Launches 32-Mbit and 64-Mbit Asynchronous SRAMs

Cypress Semiconductor has Launched its 32-Mbit and 64-Mbit fast asynchronous SRAMs, providing very fast response times and the smallest footprint at these densities. The “CY7C1071DV33” 32-Mbit 3V and “CY7C1081DV33” 64-Mbit 3V fast asynchronous SRAMs offer both 16-bit and 8-bit I/O configuration. The new 32-Mbit and 64-Mbit SRAMs offer very fast access times of 12 ns. They are available in RoHS-compliant 48-BGA packages with a footprint of 8.0 x 9.5 x 1.2 mm and 8.0 x 9.5 x 1.4 mm, respectively. The new fast asynchronous SRAMs are fabricated using Cypress’ “90-nm C9” CMOS technology. Cypress’s broad portfolio of fast asynchronous and low-power SRAMs includes densities ranging from 4 Kbits to 64 Mbits in 90-nm process technology for POS terminals, gaming machines, storage, automotive and more.

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Western Union to Present at the BoA Conference

The Western Union Company will present at the Bank of America Merrill
Lynch Services Conference on Tuesday, May 25, 2010 in New York. The
presentation will begin at 8:00 a.m. Eastern Time and will include
comments from Hikmet Ersek, Chief Operating Officer and CEO Elect, and
Scott Scheirman, Chief Financial Officer. The Western Union, Vigo and
Orlandi Valuta branded services are offered through a combined network
of more than 420,000 agent locations in 200 countries and territories.
In 2009, The Western Union Company completed 196 million
consumer-to-consumer transactions worldwide, moving $71 billion of
principal between consumers, and 415 million business payments.

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Merchant Focus Processing and Inner Fence Acquire AppNinjas

E-commerce solution provider Merchant Focus Processing and Inner Fence
have acquired CA-based AppNinjas, creator of Swipe Credit Card Terminal
for iPhone (formerly iSwipe).
This acquisition increases their commitment to the mobile credit card
processing space, where Inner Fence and Merchant Focus Processing have
had an exclusive working relationship in iPhone credit card processing
since 2008. AppNinjas is the developer of Swipe Credit Card Terminal for
iPhone. Swipe transforms a merchant’s iPhone into a safe and secure
credit card terminal, allowing merchants to accept credit card payments
with ease at any time. Swipe is available for purchase on the App Store.

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Aldelo Makes Available POS Upgrade

Aldelo Systems hospitality POS and management software has made available upgrades for the Aldelo “EDC PPI Edition.” Available with Aldelo “EDC 6.2.2,” the upgrades include functionality with “PPI PayMove.” Features of the upgrade include free dial back-up with no need for the merchant to purchase hardware or get dial ISP service; free gift card program with no processing fees; support for pin debit transactions; support for encrypted swipe, ensuring that card holder data is secured at the reader; and the optional “PayPros PCI Compliance Program for Businesses” featuring the PayPros PCI Breach Reimbursement Guarantee. Aldelo Systems develops software solutions for the hospitality industry and is a leading provider of POS and management systems for independent and chain establishments in 15 countries and manages a worldwide distribution network of more than 400 dealers. Payment Processing, Inc. has been partnering with software developers and their customers since 1995.

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Chase Offers Small Business Customers Discounts

Providing automatic savings every time they conduct transactions at over 30,000 U.S. merchant locations, Chase MasterCard Business Cardmembers now have
access to the small business automatic savings and discounts offered by the MasterCard “Easy Savings Program.” These merchants include airlines, hotels,
restaurants and other retailers for everyday purchases. Savings can range from 1-20% off and are automatically applied to cardmembers’ monthly statements
when they use their Chase MasterCard Business Cards at participating merchant locations. The rebates will be applied in addition to merchant discounts and
any existing card rewards program. The MasterCard Easy Savings Program provides MasterCard small business cardholders from small business card issuers with
rebates, applied to their statements, at business-relevant merchants.

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Travelocity AmEx Offers Flexible Rewards

The new Travelocity Rewards American Express Card, issued by Barclaycard US will offer Cardmembers flexibility in reward redemption. The Travelocity Rewards American Express Card, which carries an annual fee of $39, allows cardmembers to earn 5 points for every $1 spent at Travelocity; either restaurant, groceries or gas to earn an additional 2 points for every $1 spent within their selected category; and 1 point for every $1 spent on all other purchases. The card makes it easier to cash in for reward travel with no restrictions and offers industry leading value; has no blackout dates or travel restrictions; and can be redeemed on Travelocity online for travel on any airline, hotel, car rental company, or combined flight + hotel package available at any time. Promoting the card, Travelocity will give away 5 million bonus points, and new Cardmembers will receive up to 2,500 bonus points upon approval, until the 5 million points have been given away.

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PNC Bank Rolls Out New UC Bearcat Card/ID

University of Cincinnati (UC) students, faculty and staff users of the Bearcat Card/ID will have the option of linking it
to an already existing or new PNC account, adding the ability to access
ATMs and to make PIN-based purchases at any retail location on the STAR
or PLUS® networks. Starting in June 2010, the reach and convenience of the card’s existing
functions will be expanded thanks to a new banking relationship between
PNC Bank and UC. This would include grocery stores and chains, area
malls and more. The UC Bearcat Card/ID is not a credit card, nor will it
become one with the new arrangement. No credit card marketing will be
part of the new relationship. Currently, the UC Bearcat Card/ID is accepted by 79 off-campus businesses.

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ParTech Launches LP POS at NRA Conference

ParTech will unveil its new PAR EverServ 6000 LP (Low Profile) POS terminal at the National Restaurant Association Show, May 22 through May 25 at McCormick Place in Chicago. The “PAR EverServ 6000 LP” system packages the durability, flexibility, scalability and performance of ParTech’s “EverServ POS” hardware line for image-conscious restaurant operators. In addition to introducing its new POS, PAR will be demonstrating its complete portfolio of PAR EverServ solutions, which include PAR EverServ Hardware (EverServ 2000 economical POS terminal, the EverServ 6000 rugged POS terminal and the EverServ Kiosk 6000 self-service kiosk); PAR EverServ POS Software (Quick Service Restaurant (QSR) POS software, Table service restaurant POS software, and Mobile POS ordering module of EverServ POS TSR and PAR EverServ(integration services, implementation services, hardware maintenance services, professional services and help desk services).

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