AvalonBay Communities Signs with RentPayment

RentPayment has delivered a fully-integrated A/R automation solution for AvalonBay Communities to accept electronic payment for rent, security deposits, and other rent-related expenses. Following a successful pilot in March 2006, AvalonBay Communities has successfully integrated RentPayment’s technology platform across its entire portfolio resulting in substantial cost savings and enhanced efficiency. Personal checks, business checks, money orders and cashier’s checks are electronically converted to images and seamlessly integrated into AvalonBay’s property management software and its resident portal. They are now able to scan checks at the community or from a centralized location. RentPayment provided all necessary hardware and software integration, as well as technical support. RentPayment is the largest electronic payments processor in the multi-family industry.

Details

SPARTANICS EXEC

Spartanics has appointed Jaun A. Zacares as European Sales Director
to oversee and coordinate the company’s major product lines.
Spartanics provides companies that make products from plastic, paper,
and metal flat stocks, such as credit cards and IDs, with equipment
and services. Zacares was most recently employed with Valencia as
GM of sales of security document printing equipment. His advanced
education is composed of two engineering degrees from Universidad
Politecnica (UPV) de Valencia. The first of the degrees is for
Mechanical Engineering with a concentration in machinery construction
while the 2nd is for Production with a concentration in mechanics,
automation and ergonomics.

Details

Rihanna-Endorsed Vanity Gift Cards Come Aboard

Los Angeles-based Retail Entertainment Design has signed a new relationship between Def Jam artist Rihanna and fashion clothing giant Vanity to run a special promotion and to issue Vanity gift cards. The Rihanna-Vanity enterprise is the latest in a series of high impact associations that RED has brokered between artists and brands over the past few years. Retail Entertainment Design (RED) specializes in high-level creative visual content, promotions, content licensing, ad placement and marketing solutions for retail, hospitality, entertainment, music and film industries.

Details

ICMA Names the 2007 Elan Card Awards

The International Card Manufacturers Association announced the winners of the annual “Elan Awards for Card Manufacturing Excellence”, recognizing design innovation and technical achievement. Categories included, but were not limited to, “The Best Non-Secure Card” awarded to JCPenney, “Best Technical Achievement” awarded to Credit Card Embedded Authentication Device, “The Best Gift Card” awarded to Stained Glass Flower and the “Best ID Card” awarded to Laser Pass Access. “The Elan Awards” recognize design innovation and technical achievement around the world. ICMA is a non-profit association of plastic card manufacturers with over 200 members globally.

Details

Art.com Gets Hacked and Cards are Compromised

Online retailer Art.com has alerted its customers that a hacker recently broke through Art.com’s multiple security layers and illegally gained access to names and encrypted credit card account numbers for some transactions made on its websites from July through September. The company is unaware of any unauthorized use of those credit card numbers or any attempted identity theft related to the intrusion. Art.com is an online retailer of posters, prints, framed art, and operates websites including Art.com and Allposters.com.

Details

Business Economic Confidence Sinks Again

Economic confidence among small business owners declined again in October for the third consecutive month, falling to its lowest point in a year. The downshift was largely driven by cash flow issues with 42% of small business owners saying that they experienced cash flow issues in the last 90 days. The “Discover Small Business Watch” index dipped to 96.8, down more than two points from September’s 99.2. However, Discover found that 35% of small business owners feel that economic conditions for their businesses are getting better, a decrease from the 40% in September and two percentage points lower than a year ago in October. Those who saw their conditions getting worse were 41% compared to 35% in 2006. Also, 32% of owners said that they rate the overall U.S. economy as excellent or good, down from last month’s 39% and the lowest rating in this category since the “Watch’s” inception. In October 2006, 44% of owners rated the economy excellent or good. Additionally, 42% said they had experienced cash flow issues over the last 90 days, a decrease from 46% in September, but higher than 34% from a year ago.

Discover Small Business Watch
Oct 06: 120.0
Nov 06: 130.0
Dec 06: 109.7
Jan 07: 114.3
Feb 07: 113.4
Mar 07: 117.7
Apr 07: 110.3
May 07: 110.0
Jun 07: 102.5
Jul 07: 107.3
Aug 07: 102.4
Sep 07: 99.2
Oct 07: 96.8
Source: Discover Business Card

Details

VISA USA Gift Cards Get Real Personal

For the first time mass personalization is offering organizations of all shapes and sizes the opportunity to simply and easily create their own branded gift card that members, supporters or employees can personalize with their own images. GiftCardLab.com’s turn-key customizable photo gift card program is available to a wide range of third party organizations, from financial institutions and credit unions to retailers and major online portals, enabling them to benefit financially by producing their own branded program, which their users can customize with pictures and designs. The service is now being launched to the business market. The GiftCardLab program goes live on November 15th and which will offer “VISA Gift” cards, is the joint creation of Serverside Group and PAYjr. The “VISA Gift” card is issued by BankFirst.

Details

American Express’ OPEN Teams with SCORE

OPEN from American Express announced a national partnership with SCORE to create the “Small Business Speed Coaching Test Drive.” This is a multi-city seminar tour designed to support small business growth and trigger success through complimentary educational and mentorship programs. More than 250 small business owners are expected to attend the seminar kick-off in Orlando on November 8th. Additional seminars will take place in Phoenix, Atlanta, and Chicago in 2008. In addition to meeting with a SCORE counselor at the event, attendees will learn about local SCORE chapter resources and can continue counseling sessions in the future.

Details

HPS Picks OTI for Campus Contactless Payments

On Track Innovations has been selected by Heartland Payment Systems to provide universities, students and merchants the capabilities of contactless payments by cell phone with the contactless “Smart Sticker”. The sticker is an entirely self-contained, contactless payment device that adheres to multiple surfaces including mobile phones, PDAs and more. Payments are made by placing the smart sticker a few inches away from OTI’s “Saturn 6000” contactless reader. Heartland has completed the first full deployment at Slippery Rock University in Slippery Rock, PA. The smart sticker enables payment at on-campus locations including campus vending machines, laundry facilities, photocopiers and printers, as well as at participating merchant locations in the surrounding community. OTI designs, develops and markets secure contactless microprocessor-based smart card technology. Heartland Payment Systems provides credit/debit/prepaid card processing, payroll and payment solutions to more than 150,000 small and mid-sized businesses.

Details

FIS Lender Processing Revenues Rise 8.5%

FL-based Fidelity National Information Services posted net earnings of $245.3 million for the third quarter. The results included a partial month of eFunds operations, which the Company acquired on September 12th. The Company said that it remains confident that the additional scale and product capabilities will generate meaningful growth opportunities. FIS is confident that it will achieve targeted annualized run rate cost savings of $65 million by the end of 2009. Based on its preliminary assessment, it expects eFunds to contribute approximately $0.05 to $0.10 to diluted cash earnings per share in 2008. For more information on Fidelity National Information Services’ latest results visit CardData ([www.carddata.com][1]).

[1]: http://www.carddata.com

Details

US Bank Offers ND Unemployment Benefits Card

Job Service North Dakota has teamed with U.S. Bank to provide unemployment insurance benefit payments electronically through the U.S. “Bank ReliaCard VISA” debit card, as of November. With the new debit card, JSND will no longer issue paper checks. Once claimants have certified and are eligible for their first unemployment insurance payment, a “ReliaCard VISA” debit card will be issued in their name and automatically mailed to them. Benefit payments will be automatically deposited to the card each time claimants certify and are eligible for benefits.

Details