Motion Launches Magnetic Stripe Reader for New Tablet PCs

Motion Computing integrated mobile computing solutions released new peripherals designed specifically for the C5 mobile clinical assistant (MCA) and rugged F5 Tablet PC, including the EasyConnect magnetic stripe reader (MSR) and Motion “Tablets.” Providing a convenient and highly mobile POS solution, the EasyConnect MSR snaps into the docking connector offering the mobility and productivity of a hand-held POS device, with the flexibility of a powerful PC to help customers identify solutions, place orders and conduct secure credit card transactions. Meanwhile, the Motion “C5” and “F5” tablets are tailored to mobile professionals across healthcare, construction and field service. Fully rugged yet lightweight, the new tablets feature a digital camera, barcode scanner and RFID reader for more quickly gathering information for improving documentation processes.

Details

Argility Now Offers Fujitsu RetailReady Solution

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

NRA Reports California Losses to Swipe Fees

The National Retail Federation reports that California’s economy is
losing revenue due to credit card “swipe fees”. NRF testimony were heard
before the California Assembly Banking and Finance Committee
during a hearing held on credit card interchange, a fee averaging
about 2% that Visa and MasterCard banks charge merchants each
time one of their credit cards is swiped to pay for a purchase. “Swipe”
fee collections totaled $48 billion in 2008, triple the $16 billion
collected when NRF began tracking the fees in 2001. Visa and MasterCard rules effectively force
merchants to pass the fees on to consumers by requiring them to be
included in the advertised price of merchandise and making discounts for
cash, checks or cheaper forms of plastic difficult. Nationwide, the average household paid an estimated $427 in higher
prices in 2008, up from $159 in 2001. Bills pending in Congress would require the card industry
to negotiate with merchants over interchange and give the Federal Trade
Commission authority to prohibit interchange practices that violate
consumer protection or anti-competition laws.

Details

AirPlus Survey Shows Best Practices Not Fully Optimized

AirPlus International corporate travel payment solutions has released January’s The Wire…from AirPlus entitled: “Multiple Policies, Multiple Processes.” Findings disclosed only 39% had one comprehensive policy and one comprehensive platform for processing business travel expenses and reimbursements while 24% stated several policies and multiple platforms were standard for their company’s T&E management. Additional findings in “Multiple Policies, Multiple Processes” disclosed 56% felt the main benefit of an integrated and cohesive approach are the efficiencies gained from streamlining internal processes. AirPlus International provides savings to over 32,000 customers worldwide through a suite of business travel payment solutions which include central bill accounts, corporate cards and online management tools.

Details

Dynamic Card Solutions Announces 2009 Results

Reflecting an 88% increase in revenue when compared to the year ago period, 98 new “CardWizard” customers and an overall customer base growth to more than 520 financial institutions with installations across 5,500+ retail bank locations, Dynamic Card Solutions (DCS) announced its 2009 results. As an instant card issuance and PIN selection solutions for banks, credit unions and retailers that issue magnetic stripe, EMV and contactless cards, DCS is known for its “CardWizard” instant card issuance software and continues to help financial institutions improve their card programs by eliminating the delay, cost and risk of sending ATM, debit and credit cards through the mail.

Details

Cardtronics to provide ATM Processing for American Airlines

Cardtronics has entered into an agreement to provide ATM processing for
the American Airlines Center in Dallas.
American Airlines Center is the home of the
Dallas Mavericks NBA basketball team and the Dallas Stars NHL hockey
team. The arena hosts over 80 regular season basketball and hockey games
each year in addition to many more special events. American Airlines
Center consistently ranks in the top venues across the United States for
yearly ticket sales. Cardtronics will provide ATM transaction
processing and operational
support services for the six ATMs installed at American Airlines Center.
Cardtronics is scheduled to begin operating the ATMs starting on
February 1, 2010. In addition to processing the transactions for these
high-volume ATMs through its
company-owned electronic funds processing network, Cardtronics will also
provide management services for the ATMs, ensuring that guests of
American Airlines Center will always have access to an ATM while
attending any arena event.

Details

East West Bancorp has Appoints New VP/CFO

East West Bancorp has promoted Irene Oh to EVP/CFO.
Oh will be responsible for the Company’s finance, treasury, accounting,
secondary marketing, and investor relations functions.
Oh joined the Company in 2005 and served as Senior Vice President and
Director of Corporate Finance. A Certified Public Accountant, she began
her financial career in 1999 with Deloitte& Touche in Los Angeles and
spent two years with Goldman Sachs. Oh earned her Master of Accounting
from the University of Southern California. East West Bancorp is a publicly owned company with $20.6 billion in
assets and is traded on the Nasdaq Global Select Market under the symbol
“EWBC”. The Company’s wholly owned subsidiary, East West Bank, is the
third largest independent commercial bank headquartered in California
with 135 branches worldwide.

Details

nuBridges Named Finalist in Info Security Products Guide Global 2010 Awards

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

SINO & PAYVISION

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.

Details

NEOVIA & BEAT YA, GWBET & UWIN

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 (Grün 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

TEAMPOS 3600

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 Inks U.S. Bank Agreements for Exclusive Healthcare Partnership

TSYS announced that it has signed a new long-term agreement with U.S. Bank to continue to support the bank’s 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