SMS & Cardinal

OH-based CardinalCommerce has signed Spectrum Merchant Services, whose annual processing exceeds $500 million, for the “Cardinal Centinel” merchant authentication software. Spectrum Merchant Services is the latest in a series of merchant service providers signed in the last six months by CardinalCommerce, including Heartland Payment Systems, Paradata Systems, eProcessing Network, Innovative Merchant Solutions, Transactional Technologies, and DCTI.

Details

Poland ATMs

Poland’s Bank Przemyslowo-Handlowy PBK has signed an ATM network participation agreement with Hungary-based Euronet Worldwide. Starting December 20th, BPH PBK’s 2.6 million customers will be able to use any of Euronet’s 430 ATMs throughout Poland without being charged additional fees. This agreement increases the bank’s ATM network from 720 ATMs owned by BPH PBK to a total of 1,150 ATMs, according to The RAM Report ([www.ramreport.com][1]). Under terms of the deal, transactions by BPH PBK customers on Euronet ATMs will be switched directly to the bank for authorization and settlement. The bank has agreed to monthly transaction minimums and will pay a fixed fee per transaction to Euronet. Bank Przemyslowo-Handlowy PBK is the third largest bank in Poland, which is owned by the second largest bank in Germany, HypoVereinsbank AG.

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

Details

Cyprus Acceptance

Trying to use a credit or debit card in Cyprus this weekend will be all but impossible. The banks in Cyprus have decided to stop all card transactions, regardless of brand, effective midnight tonight, local time, following a labor strike at JCC Payment Systems Ltd. MasterCard said this morning it does not know when acceptance will resume. MasterCard said the stoppage is due to a continuing labor strike within the data center of JCC. MasterCard cardholders only will still be able to access cash at the 19 National Bank of Greece (Cyprus) ATMs that are available throughout the country since NBG does not have its card transactions processed by JCC. Cardholders with MasterCard and Maestro cards, issued by Bank of Cyprus, Popular Bank, Hellenic Bank, National Bank of Greece (Cyprus), Federal Bank of the Middle East will also be able to withdraw money from the ATMs of these banks.

Details

Pyke on ETA Board

National Processing Company’s COO Mark Pyke has been appointed to the ETA Board of Directors. ETA is the leading international trade association representing organizations offering electronic transaction processing products and services. Its membership represents leading companies providing services between merchants and settlement banks, financial institutions and businesses providing equipment or services to the industry.

Details

WildCard & Natl City

FL-based WildCard Systems said this week it is powering the new “National City VISA Gift Cards’, which are currently being issued from the bank’s branch banking locations. WildCard Systems provides a complete technology solution for the National City Gift Cards, handling card issuance, transaction processing, fraud management solutions specifically designed for stored-value cards, and customer service. WildCard Systems also designed, developed and currently hosts the National City Gift Card Web site, which consumers can access through NationalCity.com.

Details

EDS & BofA

EDS and Bank of America have signed a $4.5 billion managed network outsourcing services agreement. The relationship will enable Bank of America to continue to deliver high quality and more efficient service for customers. EDS will provide Bank of America end-to-end operations including flexible, secure telecommunications solutions that apply best-in-class technology and processes.

Details

BPH PBK ATMS

Bank Przemyslowo-Handlowy PBK has signed an ATM network
participation agreement with Hungary-based Euronet Worldwide. Starting
December 20th, BPH PBK’s 2.6 million customers will be able to use any of
Euronet’s 430 ATMs throughout Poland without being charged additional fees.
This agreement increases the bank’s ATM network from 720 ATMs owned by BPH
PBK to a total of 1,150 ATMs. Under terms of the deal,
transactions by BPH PBK customers on Euronet ATMs will be switched directly
to the bank for authorization and settlement. The bank has agreed to
monthly transaction minimums and will pay a fixed fee per transaction to
Euronet. Bank Przemyslowo-Handlowy PBK is the third largest bank in Poland,
which is owned by the second largest bank in Germany, HypoVereinsbank AG.

Details

BIOMETRIC SALES

Bioscrypt EMEA says biometric sales have been increasing
significantly. The company has made installations for the Government of
Saudi Arabia, where 152 “V-Stations” are being deployed for government
buildings; Mauritius where 72 “V-Stations” are employed to secure the
Mauritius Commercial Bank and, in London, at the London City Airport, where
over 30 “V-Prox” readers will be deployed throughout the airport to enhance
security.
Additionally, countries such as Lebanon, Croatia and India have ramped up
the purchase of Bioscrypt readers, a first for these emerging countries, to
secure government and commercial buildings from unwanted access .Bioscrypt
ofers the largest number of reader offerings in the biometric industry,
including the “V-Smart,” “V-Flex,” “V-Pass,” “V-Prox,” and “V-Station”
readers.

Details

PAYSTAR SWITCH

Tokyo’s Cable & Wireless IDC has purchased an additional switch from
PayStar Corporation to expand its existing prepaid calling card platform.
The new switch, which will be located in Ariake, Japan, extends the
maintenance and support agreement which is currently in place with PayStar.
The company is comprised of three fully integrated divisions: PayStar
GLOBALCash, supplying prepaid ATM and MasterCard products and services,
PayStar InfoStations, providing Internet enabled kiosks, and PayStar SHS,
providing commercial telephony switch services.

Details

NEXTWAVE CARD

Vancouver-based DataWave Systems has entered into an agreement with
National Money Mart Company in Victoria to develop and distribute prepaid
stored value cards. Under the agreement, DataWave and Money Mart have
established a joint venture called NextWave Card Corporation. The new
entity will offer prepaid and stored valued cards to Money Mart’s 287
corporately owned, franchise and agent locations. Money Mart is the largest
convenience-based retail financial services company in Canada.

Details