Info Security Products Guide security-related products and technologies publisher has named nuBridges “Protect” a finalist for the 2010 Global Product Excellence awards in the Compliance Solution, Encryption Solution and Security Solution for Enterprise categories. The awards recognize security and IT vendors with advanced, groundbreaking products and solutions that are helping set the bar higher for others in all areas of technologies. Award winners will be honored on March 18, 2010, at the Palace Hotel in San Francisco. nuBridges will be among other key industry players at this event.Details
Payment processor Sino Payments has signed
an agreement with Payvision, one of the leading international payment
solutions providers for the card-not-present marketplace, as an agent
for the sale of credit and debit card merchant accounts. Sino Payments’ proprietary IP transaction
processing system (SinoPay GPP) is designed to convert transaction
processing systems from old type dial up point of sale systems linked
to sophisticated check out terminals to a modern seamless IP
transaction process, reducing credit and debit card transaction
processing times by half at checkout and focuses on
providing IP credit and debit card processing services to large retail
chains, including supermarket chains and large regional multinational
retailers, in China and throughout Asia. Payvision offers a comprehensive suite of products and
services for the card-not-present arena.
NEOVIA Financial Plc announced that its NETELLER e-wallet has been chosen by BeatYa!, GWBet and UWin online gaming merchants to securely process payments on their website and online payouts to winning players. By accepting the NETELLER e-wallet, the three merchants also enable their customers to use NEOVIA’s Net+ prepaid card to withdraw their winnings as cash at any ATM, or to spend the money in any of the retailers that accept MasterCard cards. Net+ is available both as a virtual card for online use, and a physical card for real-world shopping. The merchants are each processing payments using two parts of the NEOVIA Payment Suite: the NETELLER e-wallet, which allows consumers to spend securely online and merchants to increase customer lifetime value, and Net+ cards, which allow merchants to extend customer loyalty and lifetimes. The suite also includes the NETBANX payments gateway, which allows merchants to accept card and non-card payments through multiple channels including online, contact centres, mail order and via automated phone systems. BeatYa! is based in Malta and has players across Europe enjoying skill based games such as Yatzy, Backgammon and Mah-jong. GWBet (GrÃÂ¼n Weiss Sportwetten) is one of the leading bookmakers in Austria, and was founded in 1994. NETELLER helped GWBet to establish its business more rapidly outside Austria than would otherwise have been possible. NETELLER is a free, no-cost deposit option at GWBet, and is also used to pay out to winners. Malta-based YouWin, formerly known as WinUnited is an online gaming platform that provides sportsbook betting, casino games and online poker, will be using the NETELLER e-wallet to process payments, and to provide payouts to winning players.Details
Argility has successfully ported its Active Retail Enterprise solution to the Fujitsu “TeamPoS 3600” POS system, creating a Fujitsu “RetailReady” solution that will give retailers a seamless, cost-effective approach to integrating and implementing in-store hardware and software. With POS transactions, stock management, and back office processing at store level, it also facilitates consolidation of information at head office level with the ability to configure and control the manner in which the system works in individual stores. The “TeamPoS 3600” POS system manages information between each store and head office and can be integrated with other applications such as Enterprise Resource Planning (ERP) and merchandising solutions. It can also co-exist with other client or 3rd party offerings to create a total retail solution. The POS system is designed to help retailers drive down costs and increase return on their IT investment with a modular design that allows the system to grow and change with the retailing environment.Details
TSYS announced that it has signed a new long-term agreement with U.S. Bank to continue to support the bankâs commercial card payment services under undisclosed terms. TSYS will become U.S. Bank’s exclusive partner providing card processing services for its Consumer Directed Healthcare (CDH) benefit cards, issued by its Healthcare Payment Solutions business line. The CDH agreement will allow U.S. Bank cardholders to access multiple spending accounts, cash and lines of credit from a single card. U.S. Bancorp has $264 billion in assets, is the parent company of U.S. Bank and operates 2,847 banking offices and 5,183 ATMs in 24 states with a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.Details
Viva Macau Airlines has successfully implemented the GuestLogix point-of-sale
handhelds and retail transaction platform to accept credit card
purchases on all its flights. GuestLogix onboard store technology makes it convenient for
passengers to purchase beverages, meals, snacks and other merchandise
onboard. The onboard store also enables Viva Macau to sell new products
and services such as ground transportation tickets, ferry tickets to
neighbouring Hong Kong, as well as tickets for shows and places of
interest in Macau. GuestLogix is the world’s onboard store technology leader and
provides technology to help airlines build, manage and control onboard
stores tailored to their needs and their passengers.
BB&T reports $194 million in net income for Q4 2009, a decrease from $307 million earned during the fourth quarter of 2008.
For the full year 2009, BB&T’s net income was $877 million, compared
with $1.5 billion earned in 2008. Diluted earnings per common share for
2009 totaled $1.15, compared with $2.71 earned during the same period in
2008. Results for the full year 2009 produced returns on average assets
and average common shareholders’ equity of .56% and 4.93%, respectively.
Growth rate in nonperforming assets slows to 7%; early stage credit
indicators remain stable. Annualized net
charge-offs were 1.83% of average loans and leases for the fourth
quarter of 2009, an increase from 1.71% in the third quarter. Early
indicators of problem loans continue to be relatively stable compared
with the third quarter of 2009 and have improved significantly compared
to year-end 2008 levels. The provision for credit losses totaled $725 million in the fourth
quarter of 2009, an increase of $197 million compared with the fourth
quarter of 2008, and exceeded net charge-offs by $237 million, or $.21
per diluted share. The higher provision increased the allowance for loan
and lease losses as a percentage of loans held for investment to 2.51%
at Dec. 31, 2009, compared with 2.29% at Sept. 30, 2009. The increases
in nonperforming assets and the provision for credit losses were driven
by continued deterioration in housing-related credits.
Payment processor PayEx has partnered with ICYOU Mobile to process all
payment transactions by credit card and SMS.
Additionally, through PayEx, ICYOU Mobile has also been recommended to
PayPal to have the opportunity to start a co-operation agreement with an
international partner for global expansion plans. PayEx are the
foremost experts in payment facilities within the Nordic
region and employs over six hundred staff. Since 1972, the business has
developed a vast knowledge of expertise
within the payment services industry for the internet and mobile
trading, rating, billing, invoice and ledger management, as well as
collections and credit management. ICYou AB is a global
media and marketing arena that answers to the growing need for
individuals to meet and socialize in so-called “virtual communities”;
coupled with the global business requirement to effectively source new
and novel marketing channels, in order to reach this new and
fast-growing market segment. ICYou’s virtual world and Interactive City
is based upon advanced computer-gaming technology.
The Smart Card Alliance will give a tutorial for security professionals
attending the RSA Conference 2010.
The Allianceâs three-part tutorial, âSmart Cards and Identity Management
for Public and Private Enterprisesâ (TUT-M11), will be held Monday,
March 1st from 9:00 A.M. to 5:00 P.M. The tutorial will discuss the
ways to establish an identity, transform
identity attributes into digital credentials, and assign privileges
associated with that identity. Presenters will also explain methods for
presenting the credentials in a secure, authenticated manner for
physical and logical access, and explore real-life use cases for
large-scale identity systems. This is the fifth consecutive year that
the Smart Card Alliance
has provided an educational workshop on the use of smart card technology
for information security at the RSA Conference, the worldâs leading
information security conferences and expositions.
MBNA has launched a new credit card offering with a promotional rate of
5.9% and a reduced handling fee of 1.5% on all
balance transfers and money transfers made in the first 60 days. The
rate applies until the transferred balances are paid off. The standard
rate of interest for card purchases will be 16.9% APR (typical)
variable. This is an Internet-only offer.
MBNA Europe, a wholly owned subsidiary of Bank of America Corporation,
is the recognized leader in affinity marketing. MBNA credit
cards and related products and services are endorsed by more than 5,000
Payment and loyalty provider Billeo has is now offering Microsoft’s
“Bing” cashback deals.
Discounts and deals from more than 1,200 Bing cashback retailers will
help shoppers find the best available offers on the Web, even when
searching on Google and Yahoo! The updated Offer Assistant also lets
users select the top three debit and credit card loyalty programs they
use â so they can track specials from the loyalty programs offered by
American Express, Visa, Bank of America and Chase. online shoppers can
find Bing cashback offers
outside the Bing search engine and right within their Google and Yahoo!
search results. With the addition of Bing cashback’s retailers, Billeo
now tracks offers
from more than 1,500 merchants, including Wal-Mart, Target and Barnes&
Noble. Often, several competitive offers appear for a given product or
retailer, letting shoppers choose the best value for them. Billeo has
presented millions of offers to online shoppers since launching Offer
Assistant in September 2009, saving them an average of 6 to 11 percent
on each purchase. Currently more than 330 merchants offer free shipping
â helping budget-conscious shoppers save even more.
Food retail chain SPAR will install NCR self-checkouts in 12 SPAR INTERSPAR hypermarkets in
Slovenia. The deployment of the 52 self-checkouts was signed with the support of
Printec, NCR Solutions Partner in Eastern Europe. If successful, NCR
“SelfServ Checkouts” could be deployed to other SPAR stores in Slovenia in
2010. The solution’s enhanced design also provides operational efficiencies
for retailers and customers. NCR “SelfServ Checkout” features NCR’s
patented two-sided thermal receipt printer, which enables simultaneous
printing on both sides of a receipt, reducing paper consumption by up to
45 per cent and speeding up print times. In addition, the NCR RealPOS
High Performance Scanner/Scale offers superior scanning performance to
help make self-checkout scanning even quicker for consumers.
NCR’s self-service Customer Experience Consulting team leveraged the
pan-European experience of NCR SelfServ Checkout implementations to
assist and guide SPAR Slovenia with the right checkout configuration and
the implementation of operational “best practices” to ensure the optimum
customer and staff experience.