FL-based Voice Stream Data has added PIN-less dialing to its virtual calling card, allowing VSD calling card holders to authenticate their number from any touch tone phone. The new feature allows VSD calling cardholders to authenticate their number from any touch tone phone. Once authenticated in the VSD system, the caller’s phone number will then be used as the PIN, rather than the actual PIN on their card. Callers who wish not to reveal their PIN and not utilize this new system, may choose not to authenticate their number when prompted by the calling system. Voice Stream Data is a global Tier 1 communications company specializing in VoIP (Voice Over Internet Protocol) telephony services for mass market, business, government and wholesale customers.Details
Bank Islam expects credit card holders to increase from 250,000 to 450,000
by June 2008, a market to which the bank currently has a 1.5% share. In
response, the bank has launched its first debit card, the “Bank Islam
Friend MasterCard Unembossed Prepaid Card”, to be marketed toward
Middle Eastern and Chinese tourists. The Tourism Ministry is expecting 20.1
million tourists and RM44.5 billion in tourism this year, an increase of
million from last year. Furthermore, of the tourists last year,186,821 were
visitors from the Middle East. For the “Bank Islam Tourist Friend
Unembossed Prepaid Card”, the bank expects 600,000 holders.
VISA USA reports that commercial purchase dollar volume for the first quarter was up 16.5% over 1Q/06. For the past four quarters commercial card PDV rose 20% to more than $180 billion. During the first quarter VISA added 1.3 net new commercial accounts, ending the quarter with 31.5 million. One-year ago VISA reported 26.3 million accounts. The number of commercial cards increased 13.4% to 29.5 million. The commercial segment has consistently logged about 300 million transactions per quarter over the past year. For complete details on VISA’s latest results visit CardData ([www.carddata.com]).
VISA U.S. COMMERCIAL
(Purchase Dollar Volume)
1Q/06: $39.5 billion
2Q/06: $43.9 billion
3Q/06: $45.4 billion
4Q/06: $45.5 billion
1Q/07: $46.0 billion
Source: CardData (www.carddata.com)
TransAct Technologies has announced that ticket-in ticket-out (TITO)
technology has been approved in New South Wales, Australia. TITO
technology prints vouchers at slot machines and will be deployed over
the next 4 years. In the region, there are over 100,000 slot machines and
is expected that most will be upgraded to the new technology.
Experian has launched a new master commercial database and an advanced search and match technology designed to provide a complete view of a small business. “BizSource” is the new master commercial database and builds on Experian’s 30 years of data management experience. “TrueSearch” provides persistent tracking of a company to deliver a complete view of the business over time. The matching system combines all variations of a business’s name and address into a single record, helping to increase file data depth and provide a more comprehensive profile or score. The combination of the two new services allows a more accurate picture of the business’s overall creditworthiness in one view rather than in fragmented pieces.Details
Oberthur Card Systems has appointed Xavier Drilhon as the executive
vice president of the EMEA region, accounting for 70% of the company’s
global sales. In his new position, Drilhon will work as an advisor to
in sales, marketing, personalization activities, mergers and
is a graduate of Telecom INT and Harvard Business School and began
his career as Management Consultant at Arthur Andersen and KPMG Peat
Marwick. He joined the Oberthur Group in 1994 and was Vice President
of banknote Corporation of America, a subsidiary of Francois Charles
Oberthur Fiduciaire between 1994 and 1997. Drilhon then became Director
of Manufacturing and Development with Oberthur Card Systems in 1997.
Among his major accomplishments was the acquisition of the Card Division
of De La Rue and merger with Oberthur Card Systems in 1999. Oberthur
had sales of 524.0 million Euros in 2006, 47% of which from payments and
services and 47% from mobile communications.
Retalix reported that revenues for the first quarter were up 4% to $52.7 million. Net income for the period was $200,000, compared to net income of $1.5 million for 1Q/06. The Company says the quarter met its expectations and it is encouraged by the strong interest of grocery and convenience retailers in its integrated customer loyalty and promotions solutions. During the quarter, Retalix and Postilion announced an alliance to deliver integrated POS and payment switch for travel centers and convenience stores. The Company also signed a mjor contract with a major Chinese grocery retail chain. The Scandinavian retail group Reiten Servicehandel extended its deployment of Retalix software to 185 7-Eleven convenience stores across Norway and Sweden. Retalix anticipates total annual revenues for 2007 in the range of $220 to $230 million. For complete details on Relatix’s latest performance visit CardData ([www.carddata.com]).
Clear2Pay announces the opening of Clear2Pay China. Based in Shenzhen,
Clear2Pay China will be responsible for sales, professional services,
local development and support in the Chinese region. Clear2Pay China is
the result of a joint venture between Clear2Pay and
Data House and led by Frank Wu. With a strong presence in the Asia
Pacific region through its offices in Australia and Singapore, Clear2Pay
has been in close touch with the developing Chinese payments market over
an extended period. Clear2Pay is a financial technology company
headquartered in Brussels, Belgium.
AmbironTrustWave has opened an office in Miami, Fla., to serve as the
regional headquarters for the firm’s Latin America and Caribbean
operations. AmbironTrustWave has provided PCI DSS compliance solutions
to several entities in Mexico, Central America and South America, but is
looking to expand its presence in the region. Ambiron has hired Jarrett
Benavidez as the Managing Director with responsibility for sales and
business development in the Latin America & Caribbean region.
Benavidez’s career includes more than ten years in sales management in
the United States and Brazil. AmbironTrustWave is a global provider of
information security and compliance management solutions to businesses
and the public sector.
Zebra Card Printer Solutions announced the
addition of ScanSource to its distribution network. ScanSource Europe,
one of Europe’s largest distributors of automatic data collection,
EPoS and wireless technology solutions, will now offer
its reseller network access to Zebra Card Printer Solutions’
product portfolio combined with its own comprehensive offerings
including financial services, reseller training and free technical
support. ScanSource Europe is a leading pan-European distributor of
automatic data collection, EPoS and mobility solutions. Zebra
Technologies Corporation provides on-demand printing solutions to
businesses and governments in 100 countries around the world.
A new study from Fair Isaac has found that fraudulent Internet clicks can amount to 10% to 15% of advertisers’ billed click traffic. The research into pay-per-click advertising applied Fair Isaac’s artificial intelligence and fraud-fighting technologies to assess the scope of the problem and test effective ways to expose fraudulent clicks. The company launched the study in the summer 2006 with support from Search Engine Marketing Professional Organization members who provided data. A primary form of click fraud takes place when unscrupulous search engine affiliates/publishers in the ad networks arrange for repeated clicks on the site ads in order to increase revenue. Another common form of fraud occurs when employees of companies click on a competitor’s ads to deplete advertising budgets and dilute results.Details
Keycorp Limited has named Dr. Kenneth (Ken) Martin Carr CEO, replacing
Mr. Bruce Thompson. Dr. Carr was previously the CEO of LongReach Group
Limited publicity company and has overseen mergers of such companies
as IBM Global Services Australia, Lucent Technologies, Computer Sciences
of Australia and Unisys Australia Limited. He has a reputation for market
expansion and sales growth. Furthermore, Dr. Carr is a member of the
Australian Institute of Company Directors and holds a Doctorate in Business
Administration from the International Management Center of the United
Kingdom (IMC UK) and University of Southern Cross, Australia, an MBA
from IMC UK and Buckingham University and a Bachelor of Science
(Avionics) from the RAF.