ScanSource® POS & Barcode is pleased to announce that it has expanded its relationship with Motorola Solutions. Through this expanded relationship, ScanSource POS and Barcode will now offer Motorola Solutions’ Industrial Mobile Computing (IMC) products (formerly known as Psion). By offering these products, ScanSource resellers will have access to Motorola Solutions’ complete enterprise portfolio, including mobile computing products that are designed for extreme work environments. Motorola Solutions’ IMC solutions include vehicle-mount products, non-incendive devices that safely operate in hazardous areas found in a number of applications, rugged handheld mobile computers, and enterprise handheld PDAs.Details
MoneyGram announced several operational and organizational changes to better support the Company’s corporate objectives, including its goal of reaching $2 billion in annual revenue in 2017. These actions include realigning the organizational structure and commencing a global transformation program designed to help MoneyGram lead the industry in compliance, fuel multi-channel growth and improve its cost structure. MoneyGram has made several changes to its executive committee to position the Company for continued growth. W. Alexander Holmes has been named chief operating officer, effective immediately. He will also maintain his current titles and responsibilities as executive vice president and chief financial officer. In his expanded role, Holmes will be responsible for oversight of all finance, technology and operations functions. The following executives have been named executive vice president of their respective positions and will continue to report to MoneyGram’s chairman and chief executive officer, Pamela H. Patsley: W. Alexander Hoffmann, Global Product Management and Emerging Channels; Grant Lines, Asia Pacific, South Asia and Middle East; and Peter Ohser, U.S. and Canada. The three-year global transformation program designed to strengthen MoneyGram’s competitive position consist of Enhancing compliance, Investing for growth, Reorganization and restructuring.Details
Currently the only international payment brand originating in Japan grew leaps and bounds last year. During 2013, the JCB card reached a milestone as it now has more than 15 million cardholders outside Japan. JCB also expects annual transaction volume to surpass $200 billion in 2014. JCB now has more than 350 issuing and acquiring partners worldwide, with card issuance in 15 countries and acceptance in 190 countries and territories. More than 23 million merchants worldwide serve JCB’s 81 million affluent cardholders. Here is an overview of JCB’s progress in 2013.Details
ams AG analog ICs and sensors announced that US-based DeviceFidelity, Inc. is using unique ams RF technology in its latest CredenSE 2.10 NFC microSD card to enable secure, certified NFC transmissions between any mobile phone and contactless payment terminals from Visa and MasterCard. DeviceFidelity CredenSE 2.10 is the world’s first NFC microSD card to successfully achieve global payment certifications from both Visa and MasterCard without requiring external booster antenna or device specific attachments. Using the AS3922 from ams, an integrated NFC front end with Active Boost technology, CredenSE achieves a typical read range of 4cm in a mobile phone’s microSD slot. The mobile phone is a notoriously difficult environment for RF and variations between phone models make it difficult to consistently achieve good performance. The stringent requirements for read range compatibility with payment terminals for payment applications cannot be met in small form factors such as SIM or microSD cards with a traditional passive NFC card emulation front end and simple planar antenna. The DeviceFidelity CredenSE 2.10 is the first commercially produced NFC microSD card that meets EMV standards using only an ultra-small antenna embedded in the card, making distribution and compatibility with hundreds of phone models possible with one easy-to-deploy microSD card. It can be used to transform any mobile device with a microSD card slot into a contactless payment device without any need for device specific external antenna or attachments. Active Boost allows for robust tag-to-reader communication at a coupling factor 100 times higher than is possible with conventional passive tag designs. The AS3922 also offers unique Antenna Auto Tuning and Q factor adjustment, which are critical to microSD, SIM and µSIM applications. The IC includes an ACLB interface for communication with the contactless interface of any Dual Interface Secure Element, and DCLB and NFC-WI interfaces for digital communication.Details
Fujitsu front-end solutions and Triton Systems ATMs and ATM management software announced they will offer the Fujitsu G60 bill recycling unit in the ARGO 7 ATM. The integrated solution will be on display in the Triton booth number 508 at the ATMIA 2014 US Conference in Orlando, FL. The ATMIA USA annual conference and expo is the largest ATM-focused event in the world and this year’s event marks its 15th anniversary. Triton’s ARGO 7 ATM features a color touchscreen, supports the eco-friendly option of sending SMS text, email or printed receipts, reducing each machine’s carbon footprint and resulting in cost savings over the life of the ATM. Also it can be configured with a business hours or level one safe and is EMV ready. The Fujitsu G60, with up to 1,900 notes capacity, features 4 recycling cassettes, 1 deposit cassette and 1 optional F53 loading cassette. The loading cassette increases up time and productivity by increasing capacities, start of day replenishment or providing an additional denomination when necessary.Details
Jumio online and mobile payments made available its Fastfill service that automates key entry of personal customer information in mobile apps, providing a faster and more convenient way for consumers to open accounts, complete web registration forms, and remove friction from the check-out process. Fastfill provides value to any business with a mobile app and a process that requires the customer to provide personal data in order to establish a relationship or transaction. Through its patented use of computer vision technology, Jumio offers on-the-go customers a faster and more convenient way to complete a sign-up or checkout. With Jumio’s technology embedded, businesses such as financial services providers, retailers, travel-related services, among others, have dramatically improved their transaction completion rates, while creating a differentiated and superior user experience in their apps. Benefits include worldwide coverage, easy Integration, secure standards, fast transactions and a customisable and comprehensive cross platform.Details
NCR and dascus are modernizing the point-of-sale (POS) infrastructure of all 109 branches of the German bakery chain Stangengrüner Mühlenbäckerei. The complete solution consists of software and hardware along with services and support provided by dascus. Due to its design, the POS technology enables small and midsized retailers to realize significant energy savings, since it features an energy-saving processor and runs without a cooling fan. With its compact design, the technology is easy to setup and maintain. Its color and branding can be customized according to a retailer’s individual preferences and can be used either as a POS workstation or multimedia kiosk for self-service applications.Details
Schuh Retailer has selected TNSPay, the multi-channel payment gateway from Transaction Network Services (TNS), for secure, compliant payment processing across its 99 stores in the UK and Ireland. As part of a store wide chip and PIN upgrade, Schuh was seeking to move to a service provider that could deliver a higher quality of customer service and technical support through a secure, compliant solution that improved the payments experience for their customers. TNS was one of the first companies to introduce managed payments technology over 20 years ago and has grown significantly with its products and solutions now managing over 15 billion payment transactions across the world each year. TNS provides services and support to customers in over 60 countries across the Americas, Europe and Asia Pacific region, with its reach extending to many more.Details
Kredi Bank has renewed its payment systems with SmartSoft’s OCEAN platform and completed the technological and functional transformation of its infrastructure.
Yapı Kredi renewed its card payment systems infrastructure with Cardtek Group company SmartSoft’s OCEAN platform. Complete Worldcard portfolio has been successfully transferred to OCEAN platform’s payment systems structure with the project that started in 2012. Due to this change, Worldcard products are now easy managable, flexible and designed with the latest technological infrastructure. OCEAN Payment Platform and Yapı Kredi functions were combined together to create the maximum efficiency. Credit Card Management, Prepaid Card Management, Campaign Managtement, Switch, Exchange, Authorization and Charegeback systems have all been renewed.
Stripe announced the ability for users to accept more than 130 currencies, allowing businesses to instantly begin selling in nearly any currency. Online businesses benefit from an increasingly global audience for goods and services. As more of the world comes online, it’s increasingly critical that businesses can handle the currencies of Internet trade. Stripe users in the United States and Europe can sell their products in almost any world currency. Stripe will automatically handle all necessary conversions and perform daily deposits in its users’ bank accounts. Stripe’s API, payment connectivity, and rapidly-growing global reach replace a complicated matrix of bank accounts, gateways and subscriptions managers, handles credit-card storage and fraud detection.Details
TSYS announced the publication of a white paper titled “Implementing a Successful Commercial Card Program in Turkey ” Avoiding Pitfalls: Lessons from the U.S. Experience.” The paper outlines the market opportunity and key drivers for commercial card growth in Turkey, drawing on experiences in the U.S. commercial card market to provide insights on accelerating card penetration. Noting key metrics that demonstrate the significant past growth and future potential of commercial cards in Turkey, the paper articulates three core benefits ” reduced costs, improved cash flow and reduced risk of non-payment ” of increasing commercial card usage for both issuers and their corporate clients. The paper further identifies three key insights for use in penetrating and developing the commercial card market in Turkey: understanding the opportunities and challenges of introducing commercial products, identifying the market opportunity by card type and exploring the importance of developing solutions specific to organization types.Details
Competition among banks to gain new customers, and campaigns to replace low-value cash transactions with card payments, have driven significant levels of card issuance and rising card usage in Europe, according to RBR’s new report “Payment Cards Issuing and Acquiring Europe 2014”. A 20% rise in the number of cards in circulation between 2008 and 2012 (to reach 1.4 billion) was by far surpassed by a 40% increase in payments over the same period, as consumers used their cards more frequently for everyday purchases.Details