SafeCharge Now a Visa Europe Principal Member

SafeCharge (SCH.L) payment technologies has been granted principal membership status for merchant acquiring by Visa Europe. The VISA agreement complements the Company’s membership of MasterCard Europe, which was granted in December 2013, and allows SafeCharge to directly acquire and process Visa and MasterCard transactions for merchants in the UK and across Europe. The membership status will reduce the Company’s direct acquiring cost structure, accelerate the merchant acquisition process and improve its competitive position for winning new business.

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GlobalPlatform Validates Fime Test Tool

GlobalPlatform, has qualified Fime’s ‘Global’ test tool, validating its ability to evaluate the functionality of secure elements (SEs) to support payment, telecom and identity applications. The tool is available for SE providers, mobile network operators (MNOs), and handset manufacturers, to purchase for pre-certification development testing, and as part of FIME’s laboratory testing service portfolio. GlobalPlatform test libraries have been added, including the Common Implementation Configuration, Secure Element Access Control and Secure Element Configuration. Additionally, the tool is qualified to confirm SE compliance to specifications outlined by the payment systems, with further libraries to be confirmed in the coming months.

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Westpac NZ selects IBM private cloud tech

Westpac New Zealand has selected IBM’s private cloud technology to support its goal to be New Zealand’s leading digitalbank. The new five year agreement is part of an extensive services and technology contract which includes Westpac migrating some of itsbusiness critical IT systems into IBM’s state-of-the-art Auckland datacentre, enabling enhanced customer service. The agreement supports Westpac as it embarks on a significant transformation from a traditional bank to one that uses cloud computing enabling it to address key market trends such as social and mobile adoption to influence the way consumers prefer to bank today. Westpac is also one of IBM’s long-term strategic outsourcing clients.By adopting IBM private cloud capabilities to develop and test tools within a dedicated environment, Westpac will be able to deploy new online and mobile banking services faster and across multiple devices and platforms in response to customer demand. As customers’ digital footprints expand and the bank’s security demands change, IBM is helping Westpac respond with enhanced online security features, such as the ability to manage identity and access through a single user ID.

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CPI Card Group to Acquire EFT Source

EFT Source card programs and personalization services for ATM and debit cards for financial institutions has signed a definitive agreement to be acquired by long-time partner, CPI Card Group, a global leader in financial and EMV card production and related services.Through the acquisition, EFT Source adds advanced personalization capabilities to further enhance CPI’s existing personalization expertise and strengthen CPI’s reach into small- to medium-sized financial institutions across the U.S. In addition, CPI’s customer base will have direct access to EFT’s patented instant issuance solution, Card@Once®, enabling them to deliver fully functioning, traditional or EMV-capable payments cards to customers within seconds.

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Citi ThankYou Points Announces Latest Partners

Citi Prestigeand Citi ThankYou Premier cardmembers can now transfer an unlimited amount of ThankYou Points to 11 airline and hotel travel loyalty programs. Citi ThankYou Points Transfer (www.thankyou.com/transfer) lets cardmembers fly to thousands of destinations, and enjoy stays at thousands of hotels and resorts worldwide. Citi ThankYou Rewards members already can redeem their points for travel on any airline with no blackout dates. Citi Prestige cardmembers get the most value for their points when they use them to book flights through the ThankYou Travel Center, particularly when redeeming on American Airlines and US Airways. For example, a $415 ticket on American Airlines and US Airways is just 25,000 ThankYou Points, and would be approximately 31,000 points on other airlines. Citi Prestige and ThankYou Premier cardmembers also enjoy global acceptance with chip technology, no foreign transaction fees and complimentary concierge.

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NCR Announces Latest Venue Management Partnership

NCR successfully deployed the NCR Venue Management solution at FedExField, home of the National Football League’s Washington Redskins. The suite of NCR venue management software and hardware will enhance the in-stadium game day experience for the team’s fans.NCR’s reputation, commitment and experience in venue management played a significant role in the project. At the core is NCR Venue Manager, an advanced point-of-sale (POS) and reporting system that is deployed in more than 250 stadiums and arenas globally. NCR Venue Manager has been selected to streamline operations, deliver an unparalleled level of service and help bring a world-class experience to FedExField. NCR Venue Manager will provide the Washington Redskins with instantaneous sales, inventory and labor information from the 600 POS devices in use across the stadium, enabling the team to accurately report, analyze and forecast key performance metrics.

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Swisscard Deploys Entersekt’s Transakt Mobile App

Entersekt announced Swisscard AECS AG has implemented its mobile application Transakt to enable safer, more user-friendly 3-D Secure protection of online purchases. Swisscard is a joint venture between Credit Suisse AG and American Express. Designed to serve as an added layer of security for e-commerce purchases, 3-D Secure has significantly reduced fraud rates, but has proved unpopular with consumers and merchants owing to the cumbersome user experience of many current implementations. Entersekt’s card-not-present authentication solution reinvents the 3-D Secure user experience by enabling consumers to authenticate purchases through their mobile device with the touch of a button.When shoppers registered for the service initiate a transaction on a 3-D Secure e-commerce web site, they receive a push message on their mobile phone with the payment details. They then choose an “Accept” or “Reject” response.

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Square Announces Analytics Tool

Square added Square Analytics to its complete Register service to provide sellers actionable data to increase sales and better serve their customers. Square Analytics integrates the full suite of Square Register products including Pickup, Invoices, and Appointments, making it the most robust point of sale service. Square Analytics features an analytics homepage to show seller’s business is performing in real time, including which items are the most popular, and how their business is performing compared to others in their industry. It also shows sales trends hourly, daily, and monthly so sellers can consider later hours or stocking up on inventory to avoid missed sales. Sellers can see new vs. returning customers as well as customer frequency, recency, and average customer spend.

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