VeriFone Holdings’ “Vx 610” wireless solution has been implemented in eight Progressive Enterprises supermarkets in New Zealand by e-pay New Zealand. VeriFone’s “Vx 610” is a portable, battery-powered payment device with a sleek, compact design. It can be configured with wireless connectivity modules for GPRS, Wi-Fi or CDMA. The Progressive Enterprises stores are using the systems for the electronic distribution of prepaid vouchers with e-pay.Progressive Enterprises, a subsidiary of the Australian company, Woolworths Limited, operates the Foodtown, Woolworths and Countdown supermarket chains in New Zealand.Details
First Data International reports that 1.1 million bayerische
Sparkassen (Bavarian savings banks) and Deutsche Kreditbank Berlin (DKB)
credit cards have been converted to its processing platform. First Data,
the top processor to Sparkassen-Finanzgruppe handles approximately 3.8
million credit cards on behalf of more than 300 savings banks across the
country. First Data will now provide credit card processing services for
77 bayerische Sparkassen and for DKB, while BCS provides customer
services and sales support. In 2007, BCS will extend its non-technical
service support to all of First Data’s savings bank clients.
Toronto-based Chase Paymentech Solutions has become the first acquirer in Canada to receive approval from MasterCard to process chip transactions. MasterCard chip cards are set to migrate in 2007. As a result, Chase is gearing-up to upgrade checkouts and point-of-sale devices to accept chip cards by then. Chase Paymentech processed approximately 15.5 billion transactions in 2005, with more than $560 billion in annual bankcard and debit volume in both Canada and the United States. Chase Paymentech’s customer base includes more than 600,000 merchants, with nearly 1 million locations across Canada and the United States.Details
OTP Bank Romania has ordered 105 new NCR “Personas” ATMs in a drive to expand the self-service areas at its branch offices. OTP Bank Hungary, one of Central and Eastern Europe’s top-five banking institutions, uses NCR exclusively for its self-service solutions. The purchase includes NCR’s “APTRA” software, including “APTRA Advance NDC” and “APTRA Promote” for on-screen product promotions and advertising.
Printec, a sales and service organization with a prominent presence in
Central, Eastern, as well as Southeast Europe, and a longstanding, close
relationship with NCR, will be responsible for installing and
maintaining the technology for OTP Bank Romania.
RDM reached a significant milestone by consistently processing over 1 million checks weekly from corporate customers in the U.S. through its industry leading Image & Transaction Management System.
Last month, RDM announced the newest addition to its ITMS solution, the “ITMS WebClient.” The new “WebClient” is a secure, feature-rich, browser-based payment processing platform that can be deployed
quickly and easily with little to no capital investment with no software
to install. The “ITMS WebClient” is currently installed in one of the largest insurance providers in the U.S.
Atos Origin has completed the acquisition of Banksys and Bank Card Company from Fortis, Dexia, KBC, ING and other Belgian banks, following European Competition Authorities’s approval of the deal on September 29th. The acquisition will create an European leader in payment services, with combined pro forma 2006 revenues of EUR 630 million. The combination will deliver substantial development synergies and will be able to respond to the challenges and opportunities presented by SEPA. The selling banks will remain customers of the new group for the processing of their credit and debit transactions and for related services.Details
Felixstowe-based James Kemball, a top container transport firm has chosen ReD fuel cards to manage its on-the-road refueling needs. The Company says moving away from fuel storage at its home depot and onto the “ReD Fuel Cards” network was central to adding benefits of health and safety, security and considerably reduced downtime for vehicles waiting to refuel. With a UK network approaching 800 fuel sites, ReD Fuel Cards (Europe) is a leading force in fuel management to transport operators.Details
The NFC Forum, which is holding a quarterly meeting this week in San Diego, reports its membership roster has grown to over 100 organizations. The organizations that are new to the Forum join a prestigious membership group composed of major players in their respective industries, including Sponsor-level members HP, MasterCard International, Microsoft Corp., NEC, Nokia, NXP Semiconductors, Panasonic, Renesas Technology, Samsung, Sony Corporation, Texas Instruments, and Visa International. The NFC Forum, www.nfc-forum.org, was launched as a non-profit industry association in 2004 by leading mobile communications, semiconductor and consumer electronics companies.Details
Next year, the Sparda-Banks will become the first banking group in Germany to begin gradually replacing the current national-use only
debit scheme electronic cash with a SEPA compliant program. Until now, Sparda-Banks’ debit cards were enabled with the “Maestro” brand exclusively for cross-border payments, while German card payments were only possible through the electronic cash debit card scheme. By issuing “Maestro”-only branded debit cards, the Sparda-Banks will become
one of the first institutions in Germany to meet the new SEPA
requirements; other German banks have also signaled interest in a similar migration path. Similar SEPA migration plans have been announced elsewhere in Europe. In Belgium, for example, banks have announced their intention to replace the well-known “Bancontact/MisterCash” local debit card scheme with Maestro.
Scotiabank has introduced the “ScotiaGold Passport VISA card,” a premium travel rewards card. The new card offers “Scotia Rewards” points with no expiration for accounts that are open and in good standing. Also, the card offers the option to book any type of travel with no restrictions using points only, points plus cash or cash. Additionally, the “ScotiaGold Passport VISA card” offers 5% cash back on flights, holiday packages or cruises booked with the Scotia Rewards Travel Service. All “Scotiabank VISA” cardholders can earn even more rewards or
rebates by enrolling in the ScotiaStar Network, a free retail partnership program that automatically rewards cardholders who shop at “ScotiaStar Partner” locations.
Euronet Worldwide announced that Daniel Henry has decided to step back from his day-to-day role in the Company as president and COO at the end of the year. Euronet also announced three key management appointments Larry Fogelson, Steve Adams and Karyn Clewes Zaborny. Larry Fogelson was named as managing director of Euronet’s Veloz money transfer business. Steve Adams joins as director of operations of Euronet’s Europe, Middle East and Africa (EMEA) EFT business segment. Karyn Clewes Zaborny has been named SVP of human resources. The Company has processing centers located in the U.S., Europe and Asia, and processes electronic top-up transactions at more than 265,000 point-of-sale terminals across approximately 157,000 retailers in Europe, Asia Pacific, Africa and the U.S.Details
Trintech has introduced its latest version of “ReconNET” which provides multi-levels of security for handling credit card data. Trintech’s “ReconNET 7.3” provides multi-levels of security to protect sensitive data and gives administrators the ability to measure, manage and reduce security risk, and comply with the foremost industry standard – the Payment Card Industry (PCI) Data Security Standard. Trintech Group is a leading global provider of financial software and technology services specializing in transaction verification, reconciliation management, process automation and compliance for commercial, financial and healthcare markets.Details