MasterCard, Visa and AmEx Converge on mCommerce Standards

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa, MasterCard and American Express introduced a proposed framework for a new global standard to enhance the security of digital payments and simplify the purchasing experience when shopping on a mobile phone, tablet, personal computer or other smart device. Aligned with these initiatives, the proposed standard would meet this consumer demand…

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Viableware and PayPal Partner on Restaurant Payments

Viableware announced PayPal will be accepted on the RAIL payment platform, a mobile payment device that enables full-service restaurants to securely accept various forms of payment at the table. The integration expands PayPal’s presence in the dining vertical and will enable the payment service on all RAIL devices expected to be implemented by more than 20 of the nation’s most recognizable full-service restaurant brands within the next year. Viableware’s RAIL is a handheld device designed to replicate the look and feel of the traditional bill presentation folder used at most full-service restaurants – but unlike the original, the RAIL allows guests to securely self-swipe credit or debit cards, auto-calculate the tip, split the bill multiple ways, pay-by-item, and direct-email receipts. It also hosts a number of other functional apps that can be used by full service restaurants to provide better service or improve the customer experience.

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Virtual Piggy Announces New Board Member

Virtual Piggy announced Dale Jensen joined its Board of Advisors. Jensen brings experience of over 30 years to the role. Jensen co-founded Information Technology (now Fiserv). Virtual Piggy promotes financial management while empowering youth under 18 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. The technology serves as a family wallet that is available online or via mobile, and is 100% free to use.

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Paydiant Embarks on Hospitality Biz with mPOS deal

Paydiant m-wallet and cardless ATM access has integrated its mobile wallet solution with the Future POS restaurant and hospitality POS system. The certified solution also enables Future POS customers to benefit from a number of other compelling capabilities including tender steering to lower cost payment instruments, distribution of offers to drive more frequent customer visits and higher average ticket size, and a more secure payment mechanism that leads to less card fraud and fewer charge backs. Now consumers can use any iPhone® or Android™ smartphone to download the restaurant’s or hospitality service provider’s mobile wallet app and link their preferred payment cards to the wallet. Customers then simply scan a QR code presented to them at the point-of-sale or on a tablet running an instance of Future POS at the table.

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Worldline Hits New Market with Paylib ePayments Service

BNP Paribas, La Banque Postale and Société Générale launch Paylib, a new payment solution on the internet and mobile, user friendly, seamless and secure. Worldline, Atos subsidiary for e-payment services, used its operational capabilities and expertise of its solutions for E-wallet and authentication on mobiles for creating Paylib. The solution allows to make a payment with a simple personal identification code, without entering his credit card number from his computer, tablet or Smartphone. Paylib solution offers a new way to settle ones purchases in e- and m-commerce, user friendly, highly secure and guaranteeing confidentiality of personal data. It offers both the individuals and merchants the same level of security, similar to a proximity payment by credit card, with a novel way of purchase for e-and m-commerce, seamless and without the necessity to re-enter information related to the card (card number, expiry date and CVV).

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Datacard Group to Present at Conference

Datacard Group announced its director of marketing, financial services will be speaking at the Financial Information Technology (FIT) 2013 conference taking place Oct. 17-18, 2013 in Yurakucho, Tokyo. The FIT 2013 is one of the largest shows in Japan with over 150,000 people in attendance. The conference focuses on strategies, trends and opportunities in the financial industry that are impacting businesses and generating new revenue opportunities. Datacard Group will also be exhibiting at FIT 2013, stand A-08, showcasing its central issuance and financial instant issuance solutions. Visitors will have the opportunity to see demonstrations of how Datacard products enable Secure Issuance Anywhere.

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Fifth Third Bank Raises Biz mDeposit Limits

Fifth Third Bank announced the introduction of mobile deposit functionality for business customers. Fifth Third had successfully tested and piloted this program earlier this year. As part of the formal introduction of this service, Fifth Third is now offering higher mobile deposit limits. The maximum amount a customer can deposit varies based on how long the customer has had an eligible, open business deposit account with Fifth Third and if the account is in good standing. Deposit limits are available for qualified business users up to $15,000 a month – one of the highest limits for business customers in the industry. Both iPhone and Android users will be shown within their app the maximum amount they can deposit. Customers are able to make deposits as late as 8 p.m. Eastern time to process their checks the same day.

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ACI Worldwide Launches Bill Presentment

ACI Worldwide epayment systems announced ACI Bill Presentment Services, a new outsourced offering that provides electronic bill presentment tailored for the unique needs of organisations in consumer finance, insurance and utilities. With pre-integration to a growing list of document processing service providers, Bill Presentment Services leverage existing bill storage to present bills everywhere consumers want to view them, thereby reducing IT costs. Now it’s much easier for billers to provide a compelling consumer experience that converts consumers from using high-cost paper bills to low-cost electronic bills. ACI Bill Presentment Services equip billers with the following capabilities in an effort to maximise consumer convenience and move their customers away from paper – ultimately saving costs. ACI Bill Presentment Services are part of the ACI Bill Payment Engine, a sophisticated outsourced processing platform that orchestrates all of the complexity of electronic bill presentment and payment (EBPP) processing to deliver the best results possible.

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Software Company Deploys Roam mPOS technology

ROAM, an Ingenico company and the leading mobile commerce platform provider, announced Blackbaud software is using its platform as the basis for a new mPOS offering for nonprofit clients. Blackbaud MobilePay enables Blackbaud’s nonprofit clients to accept credit and debit card payments via smartphone or tablets at an event or in the field. By making it more convenient to pay on the fly, Blackbaud expects this solution to help its clients reach more people and operate more efficiently. ROAM’s technology powers mPOS solutions and provides its customers with everything required for a full mobile POS solution, including the card readers, mobile apps, management and development tools.

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AnywhereCommerce Wins Patent

AnywhereCommerce has been awarded a patent from the United States Patent and Trademark Office that covers the company’s encryption technology, which resides across its line-up of secure Mobile Point-of-Sale appliances. Patent number 8,534,554 was issued on September 17, 2013 and is in addition to AnywhereCommerce patents for its audio-jack technology, which enables any smartphone, tablet, or mobile device to be transformed into a fully functioning, highly secure mPOS. The company’s versatile lineup consists of flexible appliances that support a variety of card-based payment presentation methods, including magnetic stripe debit, credit, and gift card payments as well as EMV chip-card transactions.

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Difference Capital Invests in mPayments Firm

Difference Capital Financial is investing in Carta Solutions Holding Corporation. DCF has invested $2 million in Carta in the form of common shares and warrants, resulting in an approximate 5.0% diluted stake in the company. This investment provides DCF with exposure to the fast-growing mobile payments sector. Carta is an international leader in transaction processing and payments technology, specializing in prepaid, mobile and emerging payments. Carta’s unique platform, designed specifically to meet the complexities of the evolving payments environment, bridges the gap between existing payments infrastructure and the next generation of mobile and digital payments.

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eGlobal Selected as Preferred ATM Supplier

eGlobal ATM services for the hospitality industry announced a renewed four-year partnership with Avendra to be a preferred supplier of ATM services to Avendra’s customers. Though eGlobal has been a preferred supplier of ATM services for Avendra for several years, this agreement represents an enhanced program for Avendra’s customers and reduces the number of preferred suppliers in the ATM services segment, making Avendra’s support for this offering clear. As an endorsement of this program, Sage Hospitality recently adopted the Avendra offering and is in the process of transitioning its properties over to eGlobal.

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