Toshiba POS Solutions Announces Latest Expansion

Toshiba Global Commerce Solutions announced HUGO BOSS has selected Toshiba for a global deployment of store technology solutions led by TCxWave, a versatile solution unlike any other POS, kiosk or self-service device the market has ever seen, being deployed across its European stores. The United States market deployment includes TCxWave, with an option for Toshiba SurePOS 785, also a premier point-of-sale solution, commencing in September 2013. Developed by award-winning industrial designers, the striking appearance of TCxWave allows retailers to use the technology throughout the store to create a consistent and positive shopping experience. The versatile design and functionality of the TCxWave point of sale, kiosk or self-service unit enables the freedom to use one platform for multiple purposes throughout the store, and the wide-screen format and gesture touch based screen affords investment protection for evolving retail space.

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Danske Bank Launches mBanking Transfer Service

Smart phones users no longer need to know the beneficiary’s bank account to make a money transfer, just the recipients mobile telephone number. This allows bank transfers will be completed at the speed of an SMS and free of charge by entering the required amount and the beneficiary’s telephone number in a smartphone application. This service is particularly convenient for a circle of close acquaintances when it comes to paying for items purchase jointly, sharing the bill for dinner, or quickly transferring money to children. Mobile payment can be used not only for transfers of money, but also for money orders by specifying the required amount and pressing the confirmation button. Security and reliability of payments is ensured by additionally signing the transaction with a PIN code and allowing the user to set transaction limits himself.

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Rovio Intros Angry Birds MasterCard Giftcard

Technologies (PCT) and Brandution have launched an Angry Birds Gift Card in the UK, available as a gift card and eventually as a reloadable prepaid card, will feature designs from both Angry Birds Classic and Angry Birds Space. Fans of Angry Birds of all ages will enjoy additional benefits in the form of a loyalty program and a mobile application for managing the card account while on the move. PCT have managed all aspects of the card development including website creation, app development and application processing including fraud monitoring. They are also running a 24/7 UK customer helpdesk and lost and stolen card reporting service on behalf of the Angry Birds card program. This card is issued by R. Raphael & Sons Plc pursuant to license by MasterCard International.

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Digital River World Payments Deploys Barclaycard Acquiring

Barclaycard signed a new partnership agreement to provide full card acquiring services for Digital River World Payments to expand Barclaycard’s routes into market and allow Digital River to increase the European credit and debit card processing capabilities of its Payments solution. This agreement will simplify the process of taking card payments for many of these companies as they build, manage and grow their businesses, while trading in an increasingly growing global economy. By using Barclaycard’s secure and efficient card processing platform, Digital River World Payments can further enhance its ability to provide cost effective cross border online payments in Europe.

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Global Economics Group Shows Big Impact from Durbin Fee Caps

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Economists at Global Economics Group released a new study examining the impact of the Durbin Amendment on consumers, retailers, and banks showing consumers will lose more than $22 billion as a result of the price caps on the interchange fees banks receive when consumers pay with a debit card. It also…

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PrivatBank Launches Contactless Android ATM

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] PrivatBank has launched its Android contactless ATM that runs on Android. Letting users withdraw cash through their mobile phone, the new ATM solution does not have the usual display with buttons and is equipped with NFC- reader. Inside the ” black box” there is a first-class protection safe and the necessary…

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InComm Launches API POS App

InComm launched its “Cashtie” Cloud Match Service, allowing loyalty program, mobile wallet and digital coupon providers to offer their capabilities to InComm’s retail network without lengthy integration or new hardware to install at a retailer’s POS. The “Cashtie” Cloud Match Service lets providers and retailers to seamlessly manage and process mobile barcode transactions without any changes to the POS system, leveraging the established host-to-host connectivity between InComm and the retailer and InComm’s barcode activation. The cloud match service uses the transaction details to match, in the cloud, the transaction at a specific cash register within a particular retail location and the provider that is associated with the barcode. Cashtie then shares this information with the provider, who matches it to a specific consumer and responds with the transaction details for making a payment, receiving a discount or gaining loyalty points. Cashtie then sends the details for the transaction back to the POS either via InComm’s proprietary switching technology, as part of InComm’s Enhanced Payment Platform or to any third party switching solution used by the retailer.

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Union Bank Launches Receivables Straight Through Processing

Union Bank launched its Receivables Straight through Processing (Receivables STP) Solution for the company’s commercial clients. Receivables STP demonstrates Union Bank’s commitment to innovation and is a key component of the bank’s suite of comprehensive receivables solutions aimed at improving the overall receivables processing experience. Receivables STP is a receivables management solution that enables businesses to dramatically improve their working capital management. The solution includes a robust translation engine and deductions management module that helps reduce losses associated with deductions and/or chargebacks. Users can review exceptions and make adjustments in real time, posting entries directly to their back office General Ledger (GLs). It includes an internal routing workflow engine allowing users to route exceptions to designated employees, accessing images for paper payments.

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Cardtronics Announces New Board Member

Cardtronics announced Julie Gardner is joining its Board of Directors. Gardner brings to the role more than 25 years of marketing experience in the retail industry, most recently as Executive Vice President and Chief Marketing Officer of Kohl’s, a value-oriented specialty department store chain. During her 14-year tenure, Kohl’s expanded from a regional company to a nationwide retail chain, opening nearly 900 stores during Gardner’s time with the company. Prior to joining Kohl’s, Gardner had a 14-year career with Eckerd Corp., a regional drug store chain where she held several management positions, including Chief Marketing Officer. Gardner joins the company’s Board of Directors in conjunction with the vacancy created by Robert P. Barone, who retired from the Board earlier this year after serving as a Director for 12 years.

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VeriFone Intros P2PE Payment Device

VeriFone Systems has successfully fulfilled the necessary Domain 3 requirements, which cover the management of encryption devices and any applications in the UK and Ireland. All VeriFone PCI PTS 3.x payment devices dispatched in these countries as part of the PAYware Ocius managed service from September 2013 will be ‘P2PE ready.’ This includes VeriFone’s VX Evolution portfolio of NFC-enabled PIN pad, portable and countertop devices. VeriFone is one of the first U.K. payment service providers to be able to supply Domain 3 ready devices which, when used in conjunction with a validated P2PE solution, can reduce PCI scope for merchants.

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MasterCard Names Emerging Markets Payments Principal Member

MasterCard announced the appointment of Emerging Markets Payments (EMP), the leading electronic payments processing company in the Middle East and Africa region, as a Principal Member in Egypt. Through this, EMP will be able to sponsor issuers in Egypt and other African markets as Affiliates, allowing smaller issuers to offer prepaid, credit and debit cards, get access to ATMs and Point of Sale services by utilising EMP’s ability to sponsor them as Affiliates, and benefit from EMP’s technology and operations outsourcing services. The cards will offer consumers greater control over expenses and the opportunity to build the payment history.

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Misys Announces Latest Latest BankFusion Client

Cooperative Bank of Kenya has completed its implementation of Misys BankFusion – a transformation platform to support the bank’s rapid expansion plans. Since implementation, the bank’s profits have increased 31 percent to Kshs 3.23 billion, for the first quarter of 2013. Transaction processing throughput has doubled and end-of-day processing has improved by 40%. The bank has 3.4 million customers and is looking to grow this considerably over the next twelve months through superior customer service and an extended branch network able to serve its customers more effectively. Misys BankFusion provides the innovation platform for Cooperative Bank of Kenya’s ambitious growth plans.

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