Ceridian Announces Ceridian Stored Value Solutions

The Ceridian Corporation has renamed Ceridian Stored Value Solutions (formerly Stored Value Solutions), allowing Ceridian to convey a more consistent presence to the marketplace. Bringing continuity to Ceridian’s messaging to leverage the reputation and brand equity of Ceridian’s numerous business offerings, the renaming takes immediate effect. Ceridian global business services company helps organizations maximize human, financial and technology resources. Ceridian Stored Value Solutions provides gift card processing and card management serving marquee household brands from a variety of industries across the globe.

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BIO SIM CARDS

Gemalto has piloted the launch of
bio-sourced SIM cards by SFR, a French operator with over 20 million mobile subscribers. The card body, made from plant-based bioplastics, is easily recyclable and compostable and can be incinerated without emission of toxic fumes.
The bio-sourced SIM card is made from a new renewable material derived from corn, sugarcane or potato starch. This material is easily recyclable and compostable through small scale industrial units and reduces the global ecological footprint of the production process. This card is part of the expanded portfolio of eco-friendly products that are available for banking, telecom and government customers worldwide. Gemalto has also supplied SFR with packaging made from recycled paper and plant-based inks.

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VISA MONEY TRANSFER

Visa and international currency exchange service Travelex have launched the “Visa Money Transfer” service, a convenient, cost-effective and secure way for consumers to send funds directly to recipients’ Visa cards, both domestically and internationally. Senders can initiate a Visa Money Transfer to make person-to-person payments, send funds to friends or family members, or make account transfers. The service in Australia will give consumers the option to send money domestically and internationally via Travelex’s Australian online portal, www.travelexvmt.com.au. Money is sent securely over the Visa network to the eligible Visa debit, credit or prepaid card and then the funds be used at more than 29 million merchants and 1.6 million Visa branded ATMs around the world. Following the new Travelex service Visa Money Transfer programs are now available through 51 sending institutions across 15 countries and territories worldwide, including, Hong Kong, Indonesia, Malaysia Mainland China, Russia, Singapore and the United Arab Emirates.

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Credit Card Network Security Major Concern in 2010

Stonesoft network security solutions is warning of the main culprits that will threaten network security in 2010, which range from credit card security and virtualization to the mobile workforce. Estimates show enterprises will spend more than $1.5 trillion on technology in 2010. Stonesoft has disclosed main threats show identity theft via breaches in credit card security still remains one of the greatest security concerns for today’s enterprises; security is the top concern preventing virtualization from increased adoption; and users of mobile access to enterprise networks frequently fail to update their antivirus software and firewalls, allowing for easy virus infection to the user’s system and the enterprise network. Stonesoft subsequently urges companies to administer remote mobile access via iPhones and laptops from a central point to ensure security settings and updates for each device are always up to date.

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Rixty Launches Kid-Friendly Online Cash Payment

Rixty has expanded its cash payment system to include kids under the age of 13 for access to a nationwide network of more than 10,000 Coinstar kiosks and 10,000 prepaid card distribution locations to pay for top quality online games and virtual worlds. Following the Children’s Online Privacy and Protection Act (COPPA), enforced by the FTC, Rixty protects kids’ personal information and their parents are notified of account creation. This new system has been audited by TRUSTe, an FTC authorized COPPA review agency, and Rixty has been certified as a 2010 TRUSTe Children’s Privacy Seal Program member. With Rixty’s membership in the TRUSTe Children’s Privacy Seal Program, kid-focused partners can feel confident that Rixty is now the leader in safe online cash payments for kids and adults.

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Bling Nation Adds East Region General Manager

Charles Herel has been added as the East Region General Manager for Bling Nation m-payment tap-to-pay POS solutions. Bringing with him more than 20 years of consulting and senior financial leadership experience to the role, Herel will lead Bling Nation’s overall sales, implementation and business development efforts to financial institutions and businesses across the region. Most recently Herel was Brussels, Belgium-based FRS Global VP, responsible for orchestrating a major re-branding and re-launch initiative. This after having fulfilled the role of senior director of Corporate Development at Atlanta-based S1 Co. His education includes a bachelor of science degree in Computer Science and Mathematics from State University of New York at Plattsburgh and a MBA in High Technology Management from Northeastern University.

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Paymetric Named Finalist in Info Security Products Guide Awards

Security Products Guide has named “XiSecure On-Demand,” Paymetric’s tokenization solution, a finalist for the 2010 Global Product Excellence in the Editor’s Choice category for a Tokenization Solution. These prestigious global awards recognize security and IT vendors with advanced, ground-breaking products and solutions that are helping set the bar higher for others in all areas of technologies. “XiSecure On-Demand” removes sensitive cardholder data from a merchant’s payments systems and replaces it with a surrogate number, known as a token, which can be passed throughout for sound interaction without risk of data exposure. This affords companies the opportunity to eliminate the transmission and storage of sensitive cardholder data, radically improving data security and reducing the cost and scope of compliance with Payment Card Industry Data Security Standards (PCI DSS).

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Bancorp Payment Solutions & InsurCard Launch Prepaid Visa

The Bancorp Bank Payment Solutions Group has joined with
InsurCard to offer an instant issue prepaid card program to North
American Risk Services for property and workers
compensation claims. The “InsurCard” offers great benefits for an injured worker or a
displaced homeowner because they can begin using the funds immediately
anywhere that Visa debit cards are accepted.
This card is issued by The Bancorp Bank pursuant to a license from Visa
U.S.A. The “InsurCard Prepaid Card” was specifically designed to meet the stringent requirements of both the
insurance and prepaid card industries.

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FSV&Allpoint Ink Contract Renewal

Allpoint Network Cardtronics affiliate, a surcharge-free ATM network operator, has renewed its agreement with FSV Payment Systems network branded prepaid debit card products and processing services. Allpoint has available 37,000 surcharge-free ATMs in major retail locations, including 7-Eleven; Target; Costco; CVS/pharmacy; and Walgreens. The ATM locations are across the United States and the United Kingdom, offering greater access, convenience and savings to customers of financial institutions. FSV Payment Systems was founded in 1999 to deliver prepaid card programs for payroll, rebates, loyalty and promotions and general-purpose reloadable cards for retail and gift.

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NRF Reports Uptick in Retail Sales for January

January retail industry sales increased 0.5%
seasonally adjusted month-to-month and decreased 0.2% unadjusted
year-over-year. Sales at electronics and appliance stores increased 1.2%
seasonally adjusted, but decreased 7.6% unadjusted year-over-year. These
figures, according to the National Retail Federation, also show
clothing and clothing accessory store sales increased 0.3%
seasonally adjusted month-to-month while having decreased 1.7% unadjusted
from January 2009. Additional findings show sporting goods, hobby, book and music stores also saw
solid increases, with sales jumping 1.0% seasonally adjusted from
December and 5.5% unadjusted year-over-year. The housing market is still showing signs of uncertainty
as sales at furniture and home furnishing stores fell 1.4%
seasonally adjusted over the previous month and 6.4% unadjusted
year-over-year.

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INSIDE Contactless Pilots The NFC Cosyphone

INSIDE Contactless has deployed its NFC technologies for the Sagem Wireless
“Cosyphone”
commercially available NFC
handset. INSIDE’s core NFC offerings, the “MicroRead” NFC
controller chip, the “Open NFC” protocol stack and the “Wave-Me” handset
client software are working together to enhance the user experience
for the “Cosyphone.” Aimed at the over 50’s market, the “Cosyphone” enables users to make
calls, send text messages or access data services such as weather or
traffic information simply by waving the phone near an NFC tag or smart
poster without having to navigate through more cumbersome menus.
With INSIDE’s Wave-Me technology in the “Cosyphone,” waving the device
at a poster automatically simulates a complex series
of keystrokes, eliminating awkward, time-consuming, multi-keystroke
chores.

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TOURISM CARD PROMO

Global internet provider Afilias has acquired mTLD Top-Level Domain Ltd., the sponsoring organization and registry operator for the .mobi top-level domain. Under terms of the private deal, Afilias Limited has acquired all of the issued and outstanding capital stock of mTLD Top Level Domain Ltd, known publicly as dotMobi, and plans to continue operating dotMobi as a wholly owned subsidiary.
Afilias and dotMobi have worked closely together since the Mobi JV (predecessor to dotMobi) was started by Nokia, Vodafone and Microsoft to apply to ICANN for the .mobi TLD in 2004. Upon approval, Afilias provided registry services in support of the successful launch in 2006, and today there are nearly one million .mobi registrations. Now more established, dotMobi will benefit from the increased focus that a seasoned registry expert like Afilias will provide.

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