NCR Announces Latest POS Innovation

NCR announced its fully integrated POS solution and an all-imaging bi-optic scanner. Both solutions are designed to provide retailers with innovative technology that helps provide competitive differentiation by enabling exceptional in-store shopping experiences. NCR is the leader in consumer transaction technologies including retail self-checkout technology and POS terminals with more than a million touchpoints in service. NCR POS solutions handle more than 125,000 transactions per minute. The new imagers and POS solutions are designed to improve operations and fit within the existing footprint of previous NCR devices.The NCR “RealScan” Imager reads 1D, 2D and Mobile bar codes fast and efficiently, provides high-performance imaging with the largest scan zone in its class and enables the ability to improve store security, provide real-time scanner feedback to managers, simplify cashier training and stream live images and videos.The “RealPOS XR7″ features a stylish all-in-one design with versatility, ruggedness and data security, either a 15″ or an 18.5” multi-touch display and is powered by the 4th generation Intel Core processor.

Details

EMEA Region Credit Card Charge Offs

Credit card charge-offs in the Europe, Middle-East, Asia region (EMEA) have declined sharply over the past year, falling 47 basis points and expected to drop another six basis points in the fourth quarter. After peaking in the first quarter at 2.60%, EMEA credit card charge-offs declined to 1.71% in the third quarter of 2013. Citibank reports EMEA credit card charge-offs declined from 2.42% in the third quarter of last year to 1.89% in the third quarter of this year. The drop-off in EMEA credit card charge-offs mirrors the trend in the U.S. market. Citibank’s U.S. credit card charge-offs dropped 61 basis over the past year to 3.54%. According to the Board of Governors of the Federal Reserve, U.S. credit card charge-offs declined for four consecutive quarters to 3.23% in the third quarter of 2013. RAM Research projects EMEA charge-offs will fall to 1.65% in the fourth quarter.

Details

Allied Wallet Users Now Over 100mm Mark

Allied Wallet online credit card processing, multi-currency merchant services, and a PCI Level 1 secured payment gateway reported over 100 million users worldwide for their online payment solutions after a spike in holiday sales. Allied Wallet’s merchants saw an average increase of nearly 30% in sales. Allied Wallet’s merchants saw a significant spike in volume this holiday season, and this spike contributed to Allied Wallet’s growth to over 100 million users worldwide. Allied Wallet simplifies the process of online shopping by allowing consumers to create an eWallet. This eWallet acts as an online payment solution for consumers that stores and protects their payment information.

Details

Checkpoint and RGIS Partner on Retailer RFID Implementations

Checkpoint Systems and RGIS, LLC, announced at the NRF 103rd Annual Convention & Expo that they have entered into a global partnership to bring the full RFID-based inventory management solution to retailers. The end-to-end solution incorporates the best-of-breed Merchandise Visibility Solution from Checkpoint, together with RGIS’s global team of inventory specialists. Checkpoint’s Merchandise Visibility Solution includes OATSystems software, RFID hardware, RFID tags, RFID-trained field engineers to deploy and support the implementation, RFID-based EAS leveraging the OneTag approach and Wirama Radar and RFID-based POS solutions and compliance tools.

Details

Starmount Announces Advanced Omni-channel Customer Engagement, mSelling

Starmount announced version 3.0 of Starmount Connect, an advanced omni-channel commerce and customer engagement platform, and version 3.0 of Starmount Engage, the industry’s leading mobile selling solution for retailers. Starmount Connect and Engage allow retailers to meet rising consumer expectations in an omni-channel world by using mobile devices to engage their customers and deliver a personalized, highly relevant selling experience where the majority of retail sales take place ” in the store aisle. Starmount Connect brings together the data and capabilities to connect retailers’ stores, Web site, warehouses and distribution centers, with the out-of-the-box infrastructure, integration, data distribution and enterprise services that are required to drive omni-channel operations.

Details

Visualsoft eCommerce Implements Realex PCI Payments

Realex Payments, an established e-retail payment service provider, and Visualsoft, an award winning ecommerce platform, have announced a partnership that offers PCI compliant payment solutions for online retailers operating on the Visualsoft platform. Realex Payments works closely with online retailers throughout the initial engagement period, providing consultative services to establish the particular suite of payment solutions that is required to fit the individual business needs. Realex Payments is already trusted by Visualsoft merchants who process thousands of orders per week. Read the latest case study from Realex Payments – “Improving Fraud Management and Customer Navigation Solutions to Deliver Increased Sales” – demonstrating the onboarding process of online retailer www.Lilylola.com and highlighting the key solutions provided by Realex Payments.

Details

Payfirma Announces Latest Addition to Board

Payfirma announced Ryan Holmes, Founder and CEO of HootSuite, joined its board of directors. Holmes has grown HootSuite to be a global leader in social media management with over 8 million users, including 744 of the Fortune 1000 companies. HootSuite is a social relationship platform for businesses and organizations to collaboratively execute social media strategies across networks such as Twitter, Facebook, LinkedIn and Google+ Pages from one secure, web-based dashboard. Advanced functionality includes tools for audience engagement, team collaboration, account security and comprehensive analytics for end-to-end measurement and reporting.

Details

Easypaisa Rolls Out mATM cards

Easypaisa, Pakistan’s first and leading branchless banking service from Telenor and Tameer Microfinance Bank, has launched easypaisa mobile account ATM cards in Pakistan using TPS IRIS Enterprise Payment Switch. These cards are highly secure and convenient where customers will no longer need to visit an easypaisa outlet to avail easypaisa services. With the launch of Easypaisa mobile account ATM cards, Easypaisa customers can not only withdraw cash from ATMs nationwide but can also make fund transfers, bill payments and withdraw cash on Tameer Bank POS machines. This card program paves way for significantly improving financial inclusion for easypaisa customers who can receive payments from governmental institutions such as Benazir Income Support Program (BISP), Employees Old Age Benefit Institute (EOBI) and many others.

Details

ERN Partners Swiff mPayments on Data Analysis

ERN announced its partnership with SCCP Group’s mobile payment platform Swiff, to enable merchants in Europe and Asia to analyse behavioral transaction data captured by Swiff platform in real time. Swiff mobile payment platform is designed to help merchants make and receive card payments using mobile devices to allow fast, easy and secure card transactions. With this new partnership with ERN, the transactional data captured by Swiff can be analyzed in real time by ERN’s Looop platform, enabling merchants to create personalized offers for individual customers delivered directly to their smartphone. ERN recently announced a three-year strategic partnership with FICO (NYSE:FICO), a leading predictive analytics and decision management software company.

Details

Aconite Deploys PIN Manager with Nets

Aconite smart card issuing and processing solutions is deploying its “Aconite” PIN Manager at Nets card payments processor. Nets needed a PIN management solution that would deliver improved customer service and cost savings to their card-issuing clients. Aconite PIN Manager enables competitive differentiation by moving away from the more expensive and risk-prone paper PIN mailers to secure electronic PIN delivery methods. Nets also wanted to simplify operational management, ease compliance and reduce complexity. Aconite PIN Manager is a highly secure PIN management system that delivers a range of features that can be combined or implemented individually to meet specific organisational requirements and priorities. The features of Aconite PIN Manager include electronic PIN delivery, PIN generation, secure PIN storage, PIN verification and synchronisation of EMV Offline PIN across cards and hosts.

Details

Card APR Stagnation Prevails

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Average credit card APRs remain unchanged since the December figure of 15.06% after averaging a meager .04% change over the past year. This stifles the momentum to the ebbing 2013 APR credit card averages and is only the second time APRs have been over 15% the entire year. This also follows…

Details

Target Update on Data Breach & Free Credit Monitoring

Target today announced updates on its continuing investigation into the recent data breach and its expected fourth quarter financial performance. It has been determined that certain guest information — separate from the payment card data previously disclosed — was taken during the data breach. To provide further peace of mind, Target is offering one year of free credit monitoring and identity theft protection to all guests who shopped our U.S. stores. Guests will have three months to enroll in the program.

Details