Sensible Vision and Digi International announced the integration of Sensible Vision’s “FastAccess” facial recognition software with Digi’s “Watchport” high-performance USB cameras The “Watchport/FastAccess” bundled solution gives organizations continuous information protection with fast and accurate authentication and eliminates cumbersome passwords and security procedures. Digi’s “Watchport” commercial-grade USB cameras are ideal for mission-critical applications such as kiosks, automated teller machines, ID badging, building security, point-of-sale applications and mobile computing. “FastAccess” is a solution that replaces a user’s password with their face, using biometric facial recognition technology. “FastAccess” automatically and continuously authenticates user log-in and instantly secures the computer when the user leaves. Digi International provides device networking for business. Sensible Vision provides continuous authentication.Details
CitiBank’s “Citibank Platinum Extreme Bonus” campaign offers Platinum
Select members benefits in the most popular consumer categories. These
include food/groceries, travel, gasoline, hotel, restaurant, and
benefits include a 5% cash rebate for every Bht 800/sale slip at Home Fresh
Mart and Gourmet Market, Bht 500 cash rebate when they spend up to Bht
10,000/sale slip/month, free limousine service to the airport through
Platinum Travel Service, and 3% cash rebate for every Bht 1,000
at SHELL gas stations. Other benefits include a 3 night stay for the
price of one
at 17 hotels nationwide from May 1 – December 21, 2007, up to 50% discount
at over 1,000 restaurants in Thailand, over 2,000 worldwide, and up to 15%
discount at 60 hospitals until December 31, 2007. CitiGroup Financial
company has nearly 200 million customer accounts and does business in more
than 100 countries.
Obopay has released a plugin for AOL AIM users to send payments from their “Buddy List”. Eligible AIM users can link directly to their mobile payment account to immediately send money to the mobile phone of any of their AIM buddies who have signed up for the Obopay service. Once the AIM user has downloaded the AIM Obopay plugin, he or she simply clicks “Actions” on the AIM Buddy List feature, then clicks “Send money using Obopay.” To spend or withdraw money, users can choose to link their bank account to their Obopay account and then transfer funds or users can sign up for and use the optional Obopay pre-paid debit card from MasterCard. Obopay is a service provider for payments over mobile phones.Details
ActiveCore has signed a Letter of Intent to integrate “CyBux” and “ePocket”
with ATMs. This will allow customers to move money from accounts to
stored value cards or digital coins and vice versa by using a common ATM.
Thus, digital coins can be disbursed as cash through a cash machine.
an integration of online payment systems used by most major banks and
credit unions across Canada. ePocket was originally designed as electronic
cash for secure purchases over the internet. With this new development,
access to these accounts can be executed from any ATM
without the need for a computer, PDA, or a cell phone.
Experian has acquired the Tallyman debt collection management software and operations. The Tallyman solution is based on three key functions: decisioning (from customer segmentation to strategy setting), collections (to manage customers and the collection process) and analytics (to model strategies and predict outcomes). Continuous improvement in the collection process is achieved using tools for visualisation, simulation and champion/challenger testing of new strategies and collection models. The Tallyman technology is compatible with Experian’s existing Decision Analytics product set and its integration will enhance the capabilities and functionality of Strategy Management, Experian’s market-leading decision engine.Tallyman offers a rapid return on investment by reducing the amount of cash locked up in outstanding debt and reduced debt write-off, resulting in a lower cost of collection. Some forty clients currently use Tallyman to successfully manage more than 20 million customers and control the collection of more than Â£1.25 billion ($2.5 billion) of debt.Details
A federal grand jury in Salt Lake City returned a 34-count indictment, charging seven individuals and four companies with conspiring to violate laws prohibiting Internet gambling. The indictment alleges the defendants operated a business that helped Internet gambling websites to disguise credit card charges for gambling as charges for something else, thereby deceiving credit card issuers who otherwise would not have authorized the transactions and assisted Internet gambling websites by arranging fund transfers between bettors in the United States and various Internet gambling websites using Western Union wire transfers. The indictment alleges that the defendants facilitated the payment of more than $150 million to illegal Internet gambling websites. The potential maximum penalties for the counts in the indictment include 20 years for racketeering conspiracy; 30 years for bank fraud; two years for transmission of wagers/wagering information; and 20 years for money laundering. The case is being investigated by the IRS Criminal Investigation Division.Details
Ceridian announced that Gary Krow, EVP of Ceridian and President of Comdata has been terminated for violations of Ceridian’s “Code of Conduct.” Krow allegedly had unauthorized meetings with and disclosure of confidential information to Pershing Square Capital and other third parties. Information about the misconduct came to the attention of the Board through documents and testimony provided in legal proceedings commenced by Pershing Square. Jim Burns, EVP and President of Ceridian has been appointed Interim President of Comdata, effective immediately. Robert Skiba, Executive Vice President and General Manager, Comdata Stored Value Solutions and Brett Rodewald, Executive Vice President and General Manager, Transportation Services Division, will now report directly to Mr. Burns.Details
Coinstar and First Data announced an agreement between “Money Network Financial” and Coinstar E-Payment Services, to offer the “Money Network Pay Card” through select Coinstar kiosks. To obtain the “Money Network Pay Card” at Coinstar kiosks, consumers select and load funds onto a “STAR”-branded “Pay Card” which is activated and instantly available for use at more than 2 million PIN-secured debit retail locations and ATM machines coast to coast. The single-load “STAR” card can be upgraded to a reloadable personalized VISA-branded prepaid card by calling “Money Network.” In addition, the “Money Network Pay Card” products include features that provide ACH bank transfers, as well as convenient paper “Money Network Checks.” The Money Network Checks offer a unique option that permits cardholders to withdraw up to 100% of their pay to the exact penny without any fees.Details
The New York City Taxi and Limousine Commission has authorized the installation of “Credit Card Acceptance Capability” payment systems in taxi cabs. Each taxicab that is required to be equipped with the taxicab technology system must be capable of accepting all major credit cards and debit cards which are accepted by such taxicab technology system as payment for fares. This specification shall be implemented as agreed upon between the Taxi and Limousine Commission and the authorized contractor(s) on a date certain to be set by the Commission.Details
First Data Utilities announced that Direct Energy has implemented the newest version of “Peace 8 Customer Information System” to manage its electricity and gas customers. “Peace 8” incorporates hundreds of new features and enhancements and reflects a particular focus on process improvement to lower utility customer cost-to-serve. Direct Energy delivered $7.6 billion USD of energy and energy-related services to residential and commercial customers in 2006. Direct Energy is one of North America’s largest energy and energy-related services providers with over 5 million residential and commercial customer relationships and is a subsidiary of Centrica plc. First Data Utilities develops utility billing software and provides outsourced utility billing and payment transaction services.Details
MasterCard has given Altair Financial Services International the award for the “Best Newcomer 2006/7” for the prepaid market. The “Best Usage/Expansion Program 2006/7” was presented to PrePay Technologies for its “360money Mirror Quidity Card.” The “Best Multi-Channel Marketing Program” was won by Newcastle Building Society, which works with a number of partners specializing in a range of markets for prepaid cards, including shopping centers, travel, sport, lifestyle magazines and employee reward schemes. The “Best Cardholder Service” award was bestowed upon Advanced Payment Solutions for its “CashPlus Gold Card,” which launched in the retail sector last year. MasterCard this week released a new report that predicts spending on prepaid payment cards in Europe will reach $164 billion within three years.Details
T-Base Communications and First Data Resources will collaborate to provide specialized statement services to First Data’s clients to give blind or partially sighted customers full access to their private financial statements in the format of their choice, including Braille and large print. First Data expects to make the service available in the third quarter of 2007. Issuers and billers who do not process their portfolio with First Data will also be able to use the service. First Data is a provider of electronic commerce and payment solutions for business worldwide. T-Base Communications specializes in Braille, large print, e-Text, audio and website accessibility.Details