FL-based self-service kiosk provider Global Axcess Corp has signed a new, 16-month contract valued at $16,000 per month, with a southeastern-based grocery store chain that will cover 72 ATM locations. The contract includes upgrades for the customer from an in-house processing system to a full-turnkey Global Axcess program. The Company expects to begin generating revenues from these services in the first quarter of 2010. Global Axcess Corp currently owns, manages or operates more than 4,500 ATMs and other self-service kiosks in its national network spanning 43 states.Details
Following a problem encountered by certain cardholders in Germany at the beginning of this year, Oberthur specifies that banking cards produced by Oberthur Technologies and issued in Germany or
elsewhere are not impacted and function normally. Oberthur Technologies is a leader in the field of secure technologies. Innovation and high quality services. The Compasny had sales of 882 million Euros in 2008.
JCB and China Construction Bank have teamed to offer the CCB “Transformers Credit Card,” according to CardFlash International. The new card features the robot toy design popular around the world. For CCB, partnering with JCBI and adding the major international credit card payment brand JCB that
originated in Japan will strengthen CCBâs product line, enhance customer
service and further increase its customer base. Since 1982, JCB and JCBI
have been expanding JCB card acceptance in China to increase convenience
for JCB cardmembers, now through alliances with eleven partner banks and
financial institutions for merchant acquiring for acceptance at nearly
Enterprise payment solution provider has launched a survey to measure
the adoption of Enterprise Payments Hubs by banks and billers.
The survey will help financial institutions, businesses, government entities and other organizations benchmark the efficiency and effectiveness of their operations in managing multiple payment processing and clearing channels. Data is being collected in several key areas, including the rate of growth of electronic payment channels, average transaction costs by channel, technology acquisition and deployment strategies and anticipated ROI. US Dataworks will lead the data collection and analysis for the project while Brousseau & Associates will provide additional analysis and guidance.
Diebold has named Charles E. Ducey to EVP, North America operations.
Ducey will lead the company’s financial self-service and security
operations in the region, including all related sales, customer support
and services infrastructure. He will also lead Diebold’s growing
Integrated Services business and will continue to oversee global
software development, product management and marketing. Ducey joined Diebold in 1978 and has held various field and home office
positions, including the position of vice president, service operations
and finance for the North American Sales and Service division. He has
held other numerous leadership positions for Diebold in the areas of
software, services and finance before being named to his most recent
role as senior vice president, global development and services. Ducey
received a bachelor’s degree in accounting from The University of Akron
in Ohio and a master’s degree in business administration from
Baldwin-Wallace College, Berea, Ohio.
Global Payments reported its fiscal second quarter ended November 30th. For the second quarter, revenues grew 12% to $409.0 million compared to $365.9 million in the prior year. Diluted earnings per share from continuing operations grew 25% to $0.71 compared to $0.57 in the prior year. GPN says based on its current outlook for continuing operations, it expects fiscal 2010 annual revenue of $1,580 million to $1,615 million, or 8% to 10% growth over fiscal 2009 and increasing its fiscal 2010 diluted EPS expectations to $2.35 to $2.46, reflecting 12% to 17% growth over fiscal 2009 EPS. For complete details on GPN’s performance visit CardData (www.carddata.com).Details
Oberthur has been working with its German customers on investigating and fixing issues surrounding cardholders’ inability to conduct payment transactions at ATMs and POS terminals following the onset of 2010. In doing so, Oberthur and the German banks have collectively determined are no longer impacted and now functioning normally. At this stage, according to Zentraler Kreditausschuss – the German Central Credit Committee –acceptance of the concerned cards by the ATMs and POS terminals is completely re-established. Oberthur Technologies had 2008 annual revenues of EUR882MM.Details
Affinion Group customer engagement solutions have acquired an Italian
relationship marketing solutions company from a leading Italian banking
group under undisclosed terms. The acquired company manages marketing
solutions to increase loyalty and broaden the customer base of the
banking group’s checking account business. Affinion’s acquisition
launches a long-term strategic partnership with the banking group to
deliver an extensive portfolio of personalized, high value products and
services to its customers. With more than 35 years’ experience, Affinion
Group enhances the value of its partners’ customer relationships by
developing and marketing loyalty solutions with approximately 3,550
employees throughout the United States and 12 other countries.
Chinese-based Bank of Communications , multinational Lloyds Banking Group (HBOS Credit Cards) of London and US-based Highmark insurer are the winners of the first annual FICO Decision Management Awards competition in Credit Risk Management, Fraud Control and Insurance Claims Management, respectively. These awards recognize outstanding business results using FICO Decision Management solutions & technology, based on an independent panel of judges. Ceremonies will be featured in presentations at FICO World 2010 in Miami, April 13-16. Bank of Communications achieved a major milestone in the retail credit card industry in China with the deployment of the first Connected Decisions financial solution in the region. Lloyds’ Halifax and Bank of Scotland Credit Cards business objective was to lower overall fraud rates and improve customer service using FICO’s Falcon Fraud Manager in real time at the POS.Details
Throughout 2009, Monitise Americas mobile banking and payments provider firmly established itself as a leader in the mobile financial services market. In doing so, the payments provider, along with its U.K.-based partner, Monitise, partnered with over 200 U.S. financial institution partners for “Mobile Money services”; Registered one million customers in the United Kingdom and the United States; Achieved 200% quarter-on-quarter end-user growth rate; Allowed for over 2,000 different types of mobile phone handsets to support “Mobile Money services”; Launched the U.S. Mobile Money iPhone App; Achieved PCI certification; and signed a Global Alliance Agreement to supply its Mobile Money Manager platform to Visa for 1.7 billion card-holders. Monitise Americas is a joint venture between FIS, one of the world’s largest providers of banking and payments technology to financial institutions and businesses worldwide, and Monitise mobile banking and payments technology.Details
The Hypercom “L4150” multilane payment terminal and “L4150 Secure
Keypad” have both achieved PCI PTS 2.1 approval. With both terminals
slated for exhibition at the National Retail Federation 99th Annual
Convention and Expo, January 10-13 in New York City, these developments
follow Hypercom’s receipt of the Sesame Award for the innovation of its
“HyperSafe Remote Key System”(HRKS). Hypercom’s solutions focus on the
high security electronic transaction needs of banks and other financial
institutions, processors, large scale retailers, smaller merchants,
quick service restaurants, and users in the transportation, petroleum,
healthcare, prepaid, unattended and many other markets in more than 100
E-payment solution provider VeriFone Holdings has acquired the Clear Channel Taxi Media business
from Clear Channel Outdoor. VeriFone intends to leverage this well-developed channel into VeriFoneâs
Media Solutions payment-enabled business, where in-taxi digital content
is positioned to become one of the most innovative advertising venues as
spending moves from traditional to online and digital place-based media.
The acquisition includes relationships with a nationwide network of taxi
media buyers and more than 20 experienced media sales representatives.
With the acquisition, VeriFone has added an additional 5,000 taxicab
advertising endpoints to its existing New York City network of 6,500 cabs. Financial terms were not disclosed.