VeriFone Holdings announced it is shipping its “PAYware Mobile” secure credit card encryption sleeve for iPhone and the complementary “PAYware Mobile” App is now available on the App Store. Offering small businesses with secure card processing capabilities on the iPhone, “PAYware Mobile” app andcard encryption technology are provided free in conjunction with a low cost “PAYware” gateway services agreement. The card encryption sleeve slips over iPhone to accommodate card swipes and allow merchants to avoid high-cost âcard-not-presentâ fees, complete with a stylus for signature capture and a mini-USB port for charging iPhone while the ergonomic encryption sleeve is attached. Unprotected data never transits or is stored on iPhone itself thanks to end-to-end card data encryption from the moment the card is swiped.Details
Thales information systems and communications security has made
available its “payShield” Cardholder Authentication for “nShield
Connect” and “nShield PCI Express”
hardware security modules (HSMs). The “payShield” Cardholder
Authentication for “nShield” authenticates credit card users and
protects encryption key transfers to safeguard credit card information and
assisting with regulatory compliance such as PCI. The “payShield”
Cardholder Authentication for “nShield” is already widely deployed in web-based
applications for MasterCardâs Chip Authentication Program (CAP) and
Visaâs Dynamic Passcode Authentication (DPA) for online banking and
3D-Secure applications such as Verified by Visa and MasterCard
SecureCode for online payments. This supports customers upgrading their
mission-critical environments using Thales “nShield Connect” HSM,
offering dual, hot-swappable power supplies for
enhanced business continuity.
OH-based payday loan provider Check ‘n Go has released the “Credit Card
Cash Advance Versus Payday Loan” video to help customers understand fees
associated with a credit card cash advance and the differences between
credit card cash advances and credit card transaction fees. The video
is located on Check ‘n Go’s website as well as YouTube,
Facebook, MySpace, and Twitter. Check ‘n Go provides products and
services that preserve consumer
choice and increase access to credit for millions of American families
and operates more than 1,000 locations in 31 states and online at
UT-based data security and encryption provider ProPay announced its support of the expansion of
eBay Buyer Protection to all approved electronic safe payment methods.
Under the new policy, ProPay buyers and sellers particularly benefit
from the extension of eBayâs Buyer Protection to all approved safe
electronic payment methods. ProPay has been an attractive option because
buyers simply pay with their credit card at checkout without having to
open up an account and/or ensure they have enough funds in an account
for a purchase. Buyers enjoy the convenience and rewards of paying with
their credit card and now can enjoy eBayâs Buyer Protection.
ProPay is a provider of complete end-to-end payment security and encryption
solutions for organizations.
NEOVIA Financial Plc will provide SEGA Games Limited the NETELLER online e-wallet.
SEGAPoker and SEGACasino users will now be able to
transfer funds to and from their accounts using their NETELLER account.
NETELLER allows a wide range of deposit options including major debit
and credit cards plus major European local payment options. Users are
able to manage their funds simply within their SEGAPoker and SEGACasino
accounts in real time. NEOVIA Financial Plc operates the
world’s leading independent online payments business.
Athletes, coaches and team
officials attending the Vancouver 2010 Olympic and Paralympic Winter
Games will be able to purchase beverages with a simple wave of the hand
by using a special Visa Prepaid Card issued by RBC. The card, shaped
like an iconic Coca-Cola contour bottle, uses Visa payWave technology
and is the first contactless Visa card in Canada that is not linked to a
credit card account. In addition to its suite of Visa credit cards, RBC offers consumers and
businesses a prepaid Visa gift card that can be used to buy 2010 Winter
Games tickets, food and beverages, retail goods and services. The RBC
Visa gift cards are available at any RBC branch and the purchaser can
preload the cards with funds in any denomination from $25 to $500. The
cards are also suitable for everyday purchases or as gifts and are
replaceable if lost or stolen. The RBC Visa gift cards currently feature
designs profiling RBC Olympians and are offered as part of a limited
edition collector set. Once the recipient has spent the money, the gift
cards can be kept as souvenirs.
Citibank Korea Inc’ has introduced the “Redeem& Earn Points”
credit card program that allows CKI credit cardholders to redeem and earn
bonus Citi Points instantly at more than 20,000 merchants nationwide.
Once registered, CKI credit cardholders can earn 1,000 bonus Citi Points
or more, when they use their Citi Points to purchase items at
participating merchants during the January 28 – February 28, 2010
FirstMerit Corporation reported fourth quarter 2009 net income of $14.5 million compared to $22.8 million
for the third quarter 2009 and $29.1 million for the fourth quarter 2008.
For the full year 2009, FirstMerit reported net income of $82.2 million, compared with $119.5 million. Net charge-offs totaled $31.2 million, or 1.79% of average loans, in the
fourth quarter of 2009 compared with $18.8 million, or 1.05% of average
loans, in the third quarter 2009 and $15.2 million, or 0.82% of average
loans, in the fourth quarter of 2008. Nonperforming assets totaled $101.0 million at December 31, 2009, an
increase of $12.1 million, or 13.64%, compared with September 30, 2009.
Nonperforming assets at December 31, 2009 represented 1.48% of
period-end loans plus other real estate compared with 1.26% at September
30, 2009 and 0.77% million at December 31, 2008.
Diebold appointed Frank A. Natoli, Jr. VP & CTO to lead the technology and engineering development for product solutions synchronized with customers’ business needs. He will also lead the team in supporting Diebold’s growing services business by improving reliability, and aligning an emerging technology roadmap with Diebold’s corporate strategies. Natoli previously served Diebold as vice president of operational excellence and vice president of business transformation, respectively, and prior to joining the company in 2005 spent 23 year as an automotive engineering, manufacturing and operations exec. His education includes a bachelor’s degree in mechanical engineering and a master’s degree at Kettering University (formerly General Motors Institute and GMI Engineering and Management Institute) in Flint, Mich.Details
NCR is now providing a broad portfolio of higher-end managed services on more than 500,000 points of
service for businesses worldwide. Services include remote monitoring
and incident management, cash management and software management. NCR
processes more than $200 billion of hosted transaction value annually
through its software hosting services, and online banking. These
services take place in more than 3,000 separate locations in 110
countries, making NCR the only ATM manufacturer that is providing
managed services on six continents. In 2009 NCR launched “APTRA Deposit
Gateway”, a web-based software-as-a-service (SaaS) solution that enables
financial institutions to perform check image processing for
envelope-free deposits made at the ATM. APTRA Deposit Gateway enables
financial institutions to go-to-market quickly with minimal upfront
investment or risk, by relying on NCRâs hosted infrastructure. Financial
institutions have assurance of the latest imaging technology to serve
consumers and meet their needs and expectations, while optimizing their
internal operations. In addition to APTRA Deposit Gateway, NCR provides a total remote check
capture service in SaaS format, for deposits occurring in the bank
customerâs home, mobile device, commercial customer place of business or
IBERIABANK Corporation has reported 2009 net income to common
shareholders of $144
million, up 273% compared to $39 million in 2008. Earnings per share for
2009 was $8.03, up 171% compared to $2.96 in 2008.
Total assets increased $3.2 billion, or 50%, to $9.7 billion at December
31, 2009, and up $59 million, or 1%, excluding the FDIC acquisitions of
Orion Bank and Century Bank. Over the last 10 years, the Company’s asset
base grew at a 22% annual compounded growth rate. Total shareholders’
equity increased $104 million, or 12%, since September 30, 2009 and grew
at a 10-year compounded annual rate of 23%. The Company’s market
capitalization was $1.1 billion at year-end 2009 and climbed at a
10-year compounded annual growth rate of 28%. IBERIABANK
Corporation is holding company of the 122-year-old IBERIABANK and
E-commerce provider Demandware reports that its clients have achieved 34% in growth of online sales.
Across all industries, Demandware clients saw considerable revenue
growth, led by the apparel sector, which performed especially strong. A
breakdown of year-over-year holiday revenue growth for Demandware
clients by market sector includes: 37% increase for apparel retailers
33% increase for leisure and entertainment retailers and 32% increase for consumer goods brands
A variety of factors contributed to this surge in online sales,
including many innovative merchandising and marketing strategies
designed to attract consumers and boost conversion rates. Demandware
clients have several advantages over retailers utilizing other ecommerce
platforms, including metrics-driven merchandising, more than 50
plug-and-play promotions that can be deployed with minimal effort,
sophisticated native faceted search capabilities and an on-demand
platform that allows them to focus on generating revenue rather than
worrying about site performance and uptime.
In addition, the Demandware eCommerce Platform is optimized for peak
holiday site traffic, enabling clients to fully capitalize on the
busiest shopping days of the year without risk of downtime. Average site
uptime for the holiday period was 99.95 percent.