PNC Merchant Services launches Restaurant Tablet POS

PNC Merchant Services announced a new tablet-based point-of-sale system for restaurant owners/managers, Clover Station from First Data Corporation. It features high-resolution touch screen. cloud technology and allows merchants to process transactions even if the Internet connection is disrupted. It also offers its App Market, allowing new apps for download anytime with options to assign and transfer tables between servers, or to establish special pricing during happy hour. It also simplifies management duties for access to employee timecards, transaction reports and inventory management.

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Payfont makes advisor board appointments

Payfont announced those joining their Advisory Board. They include Professor Lachlan MacKinnon, who currently holds the role of Professor of Computing Science at the University of Greenwich and held the immediate past Chair of the UK National Committee of the Council of Professors and Heads of Computing. Payfont have also brought on board Gordon Moir, an advisor on global regulatory and anti-trust issues, and he was named as one of the UK’s Top 100 Lawyers. The third member of the trio, like Lachlan MacKinnon, is also from an academic background. Bill Buchanan is a Professor of Computing at Edinburgh Napier University, and leads the Centre for Distributed Computing and Security.

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Advanced Card Systems GlobalPlatform Member

GlobalPlatform announced its newest Observer Member, Advanced Card Systems. ACS, a leading supplier of PC-linked smart card readers, has joined GlobalPlatform to contribute to industry efforts towards tighter security, better management and accelerated deployment of secure chip technology. ACS is able to participate in discussions held by the GlobalPlatform Advisory Council and contribute to GlobalPlatform’s task force initiatives. These groups define specific market requirements and assess how GlobalPlatform’s Specifications can be advanced in line with future needs.

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China Construction Bank Beijing branch deploys NCR Dynamic eLock management solution

NCR announced that China Construction Bank (CCB) Beijing branch has recently implemented NCR Dynamic eLock Management solution ATM electronic key management solution. It restricts the access to an ATM’s safe to only authorized users with an IC (integrated chip) smart key and a one-time password. The software solution will help the bank improve the related risks, efficiency and costs issues brought by traditional manual ATM locks during cash replenishment and while conducting service maintenance. The manual dissemination and management of the keys and passwords has generated high operational costs during cash replenishment and carrying out service maintenance at the ATMs. Electronic smart keys embedded with IC cannot be read without authorization, which can eliminate the risk of key replication. In addition, it is no longer necessary to change safe box lock password regularly, which has relieved a significant amount of work for bank staff.

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MRC Adds GlobalCollect Advisors

GlobalCollect announced two of its most senior executives have joined the MRC in key advisory roles. Stephen Buechner, Chief Credit & Risk Officer at GlobalCollect, will join the European Advisory Board. At the same time, Greg Leos, who heads up GlobalCollect’s North American operations as General Manager, will take a seat on the MRC’s Americas Advisory Board. The appointments continue a long-standing relationship between the two organizations, and underline GlobalCollect’s ongoing commitment to support the MRC and its members across the world. The MRC global non-profit organization fully supports and promotes operational excellence for fraud, payments and risk professionals within eCommerce under advisement from industry leaders and merchants.

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LAC CARDS 2013

Gross dollar volume (GDV) for Visa and MasterCard, among the Latin American Caribbean countries (LAC), rose a mere 6.1% last year, better than the 5.8% growth rate in 2012, but significantly lower than the 24% gains in 2010 and 2011. Visa holds a 76% share of the LAC GDV market and grew 4.4% in 2013 to hit $1,078 billion. MasterCard was up 12.2% last year, rising to $340 billion. Over the past five years Visa’s LAC GDV jumped 69.4% and MasterCard soared by 90%.

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MoneyGram International 4Q/13, FY/13 Up 10% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MoneyGram posted 4Q/13 and FY/13 revenue, both up 10% on the previous year. Total 4Q revenue was $385.8 million, an increase over the prior year of 9 percent on a reported basis and 8 percent in constant currency. Money transfer revenue increased to $340.0 million, representing growth of 11 percent over…

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Vodafone & MoneyGram Launch Global Payment

Vodafone and MoneyGram announced their partnership allowing consumers to transfer funds directly from around 200 countries to the millions of users of M-Pesa. The agreement will allow consumers who visit MoneyGram’s 334,000 agents across the globe to send funds directly to M-Pesa accounts. MoneyGram customers can also transfer money to an M-Pesa user through moneygram.com or via a mobile app, available on iPhone, Android and Windows 8 phones. M-Pesa – which allows customers to pay bills and withdraw, transfer and deposit money easily – is now available in the Democratic Republic of Congo, Egypt, Fiji, India, Kenya, Lesotho, Mozambique, South Africa and Tanzania.

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SCANSOURCE ADDS MOTOROLA SOLUTIONS

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.

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MoneyGram Announces Organizational Changes

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.

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JCB 2013

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.

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