Ripple Launches Developer Portal for Payment Protocol

Ripple Labs launched this week the Ripple Developer Portal to make it easier and more efficient for third party developers to build on the Ripple protocol. Ripple Labs also announced that Mathijs Koenraadt claimed the first Ripple developer bounty for his Magento extension and its ability to read the Ripple public ledger to create an invoice. Ripple Labs created Ripple, an open-source, distributed payment protocol that powers a new global value web. The Ripple Developer Portal initially features the new REST API, and will expand over time to include a number of tools and resources designed to empower developers building on the Ripple open source code.

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Barnes Intl Smart Card Increase

Barnes International, a global smart card test tool leader, today reported an increase in activity to US companies involved in the manufacture, personalization and issuance of EMV and non-EMV payment cards in the last 12 months. By selecting Barnes’ test solutions and EMV training, these organizations can assure the quality of their cards; speed up EMV product development and payment scheme certification; and reduce card issuance costs.

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Switch Commerce Moves Headquarters

Switch Commerce LLC, a leading provider of ATM processing and Payments processing services, is pleased to announce our growth and move to a new company headquarters at 6565 N. MacArthur Boulevard in Irving, Texas. This move to a larger technology based headquarters reflects the company’s commitment to their customers and plans for new products under development in both ATM Processing and Payments Processing.

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Icici Bank launches pre-paid transit and shopping card

ICICI Bank launched its combo prepaid card in association with the Uttar Pradesh State Road Transport Corporation (UPSRTC). The card was launched and co-branded by UPSRTC, offering dual benefits of a travel card as well as a shopping card on a single card. This first-of-its-kind pre-paid card offers users the convenience of not having to pay cash for buying tickets for every trip undertaken on a UPSRTC bus or buying paper passes for monthly or quarterly season tickets. In addition to this, customers can use this same card to shop online as well as at stores. This features Ease of travel on UPSRTC buses, wider acceptability at all VISA POS retail shops, malls and websites for cash-less shopping, no requirement of minimum balance on the shopping card, no need to open a bank account to avail shopping card benefits and secured use.

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Fiserv 4Q/13 Revenue Continues Climb, Up 10% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv reported financial results for 4Q/13 with an adjusted revenue of $1.19 billion, compared to $1.07 billion for 4Q/12- an increase of 10%. For the full year, GAAP revenue was $4.81 billion compared with $4.44 billion in 2012. Adjusted revenue was $4.55 billion for the full year compared with $4.15 billion…

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CardFree teams with Mecury Payment Systems

CARDFREE announced its collaboration with Mercury Payment Systems. CARDFREE focuses on providing integrated mobile commerce and loyalty solutions for restaurants and retail stores that help large merchants engage consumers based on individual behaviors and preferences. The company’s award-winning platform provides end-to-end commerce capabilities, including smart offers, gifting, payments and loyalty. With this integration with Mercury, CARDFREE will be able to bundle core payment processing and merchant acquiring with their current suite of services.

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Lottery Tix At the ATM

Welch ATM has partnered with the Missouri Lottery and select convenience stores to provide even faster and more convenient access to lottery games…and potential winnings. ATMs at fifty local chains such as Mobil On the Run, U-Gas and Dirt Cheap will offer Powerball and MegaMillions quick pick purchases by March 7, 2014. Another fifty machines will launch in Kansas City by the end of the month.

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Stripe Redesigns Checkout Solutions

Checkout form Stripe has released its latest version. These redesigns feature expanded address support and supports separate billing and shipping addresses. Now Stripe will automatically select the user’s country, and we can fill in their city and state when they enter a postal code. The Company also supports integrated billing address verification and users are notified immediately if they’ve mistyped anything. Additionally, the Stripe added the “Remember me” checkbox that allows customers to save their payment info by providing a mobile phone number. This in turn enables a rapid checkout experience in the future on any site using Checkout. Stripe securely identifies your users via text message so they don’t have to retype their payment information or remember an additional password.

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Wirecard expands Mobile Ticketing

Wirecard, is supporting sunhill technologies GmbH in its expansion of mobile ticketing services. From April this year, smartphone users can register their payment details and park their vehicles using the sms&park (on-street parking) and sms&exit 2.0 DF (off-street parking) apps to book and pay for parking. Currently, users can choose to pay by credit card or SEPA direct debit. sunhill technologies apps are already available in numerous towns and cities in Germany, Austria, and the Netherlands and with the benefit of Wirecard’s payment channels, the company will be able to rapidly expand into various other European countries.

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CashStar President and CEO to Present at OASIS Summit

CashStar, the digital gifting company preferred by the world’s leading brands, announced that its president and CEO, Ben Kaplan, has been invited to speak at OASIS: The Montgomery Summit. The OASIS Summit, an invitation-only event featuring top entrepreneurs and investors, senior level media and technology executives, and leading industry visionaries, makes its debut this year with 150 exceptional presenting companies. Kaplan will share how CashStar is transforming the gift card market with digital gifting and branded currencies that enable merchants to increase revenue, drive customer acquisition, and improve customer loyalty.

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G4S Appoints CIO

G4S appointed Martin Taylor to Group CIO, a new role for G4S. Martin will be responsible for developing and implementing IT strategy, including establishing global standards for infrastructure and applications as well as globalising the IT organisation and investment. Martin brings considerable experience to G4S from Group CIO roles at EMI Music, Cable and Wireless, and most recently LCH Clearnet. He joins the group from Barclaycard where he has just completed a major transformational project.

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NPCI Deploys Fime for RuPay Certification

National Payments Corporation of India (NPCI) appointed advanced secure-chip testing provider Fime to deliver its RuPay certification program. NPCI will utilise FIME’s expertise in setting up EMV-based certification board for its card payment scheme, RuPay. FIME will define the certification specification, laboratory setup, test plan specification, test tools and operate the certification board for RuPay. FIME will also be involved in setting up the certification process including the associated administrative and business operations. This will ensure all payment cards and POS terminals deployed under the brand align to the requirements of RuPay specifications and ensure necessary infrastructural alignment of acquirers and issuers with the payment system.

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