Better ATM Services Announces Senior Leadership Changes

Better ATM Services announced changes to its leadership team to accelerate the company’s plan for profitable growth. Howard Green will assume the role of Acting President and Chief Executive Officer. He will be leading Better ATM Services’ next phase of growth with a particular focus on go-to-market strategies, creating new product commercialization opportunities and expanding leadership resources. In addition, technology industry standouts Mark Olson and Dan Perez are joining Better ATM Services’ Board of Directors. Current President and CEO Todd Nuttall will assume the role of EVP, Enabling Technologies.

Details

Mobile POS, NCR Silver Simplifies Accounting

NCR Corporation announced NCR Silver iPad POS system for small business has been integrated with Retail Intel, a cloud-based service that automatically pulls sales data directly from the NCR Silver platform to QuickBooks®. By eliminating the need for time-consuming daily journal entries, the integration will save businesses countless hours on manual tasks and significantly improve operational efficiency and accuracy. It helps Shift Management and Cash Reconciliation, Time Clock management and offers Multiple Tax Options.

Details

Heartland Board Authorizes $75 Million Share Repurchase Program

Heartland Payment announced that its Board of Directors has authorized a new $75 million share repurchase program. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions. The new authorization is a result of the completion of an existing program, which went into effect effective on November 6, 2012, under which the company repurchased 1,667,983 shares of its common stock at an average price of $29.98 per share.

Details

Citi cardholders can now pay bills with reward points

Citi cardholders can use ThankYou® Points for their bill payments. Citi ThankYou® Rewards members can earn ThankYou Points across their Citi banking and credit card relationship and use these points to pay virtually any bill online including phone, cable and electricity. Citi ThankYou Rewards members can use their ThankYou Points – and their ThankYou enrolled consumer checking account – to pay bills online.

Details

OTP Bank Deploys mPayment Service

OTP Bank’s “OTPay” is an integrated mobile wallet for smartphones that is the first to bring in-store mobile payments to Hungarian users. The solution was developed by Cellum Group, in accordance with MasterCard’s standards for mobile payment systems. The solution of Cellum and OTP can break the bottleneck of mobile payments in Hungary. Mobile payments are now made possible essentially anywhere, as the technical background has been established: anyone can download the app and register a bank card, and merchants can introduce mobile payments in their store free of charge. OTPay uses cloud payment technology to carry out secure transactions, during which users do not need to hand over their bank card details to merchants.

Details

Digital River to Provide Payment Services for Morinda

Digital River Commerce-as-a-Service solutions signed a global payments agreement with Morinda direct-selling. Morinda is using the Digital River World Payments solution to build a payments program that supports online sales of its lifestyle products across Russia, Hungary, Latvia, Lithuania, Poland, Romania and the Czech Republic. The Digital River solution will offer Morinda customers online credit card payments in seven different local currencies, including Russian ruble, Hungarian forint, Latvian lats, Lithuanian litas, Polish złoty, Romanian leu and Czech koruna. Through Digital River World Payments, Digital River offers online merchants more than 180 international and local payment options, and over 170 transaction and display currencies. In 2013, the company processed more than $30 billion in online transactions.

Details

Link Surveys on ATMs, GBP5 Dispensing

Link cash machine network announced a new initiative that allows customers to suggest a cash machine that they would like to dispense £5 notes. Being able to withdraw fivers from cash machines is useful for some customers, particularly those on tighter budgets. By completing a form on the LINK website, anyone can suggest an existing cash machine that they’d like to be able to withdraw £5 notes from. LINK will then pass the request on to the relevant cash machine owner, for consideration.

Details

Karali Implements NCR POS Software, Hardware

NCR announced Karali Ltd., one of the largest Burger King franchises in the U.K., has chosen its software and hardware solutions to help improve customer experience and the efficiency of its business across its 56 restaurants. Selected for its strong U.K. presence and innovative solutions, NCR will provide Karali with its latest NCR Aloha hospitality software suite, as well as NCR Pulse Real-Time and NCR Restaurant Guard to provide the latest SaaS-based mobile analytics engines. NCR has also deployed hardware that includes the NCR P1230 point-of-sale (POS) and a kitchen management system. The comprehensive suite of NCR software will help Karali provide insight into how the business is performing and customer engagement.

Details

Visa / MasterCard Q1 Delinquency

Credit quality for VISA and MasterCards (V/M) issued by the top four U.S. bank credit card issuers continues to improve. The 30+ day delinquency rate in the first quarter declined 16 basis points from the prior quarter and 52 basis points from one-year ago. According to CardData, the average 30+ delinquency rate among the top U.S. issuers for the first quarter stood at 2.64%, compared to 3.16% for Q1/2013 and 2.80% for the final quarter of 2013.

Details

CHARGE Anywhere mPOS Solutions Now Visa Ready

CHARGE Anywhere mPOS solutions have been approved by the Visa Ready Program. The Visa Ready Partner Program for mPOS is designed to help device manufacturers, application developers, merchants and acquirers to build and implement a reliable, convenient, and secure mobile point of sale experience. CHARGE Anywhere’s mobile payment application with Chip & PIN and magnetic stripe transaction capture meet Visa’s requirements. CHARGE Anywhere’s mobile solutions feature a PCI-validated secure mobile payment application, point-to-point encryption, and payment gateway services.

Details

EVERTEC Reports First-Quarter 2014 Results

EVERTEC posted 1Q/14 total revenue of $87.2 million with an adjusted net income up 16% to $32.0 million from the year ago period. Revenue was flat compared with the year ago period of $87.3 million. Merchant Acquiring net revenue was $19.3 million, an increase of 10% compared with $17.5 million in the prior year. Revenue growth in the quarter was predominantly driven by an increase in transaction volumes.

Details

i2C Appoints Global Prepaid GM, International

i2c payment processing announced that Scott Salmon has joined the company as General Manager, International to lead i2c’s continued growth in Asia Pacific, Central Europe, Middle East and Africa (APCEMEA). Salmon brings over 25 years of business experience to this strategic role, including more than 20 years in payments and prepaid. He was Head of the Visa Prepaid Products division for the past five years. Prior to that he oversaw Visa’s San Francisco-based Global Prepaid Market Development team. Before Visa, Mr. Salmon was engaged in a variety of consulting and product management roles in the retail banking sector.

Details