Net Element Allows Access to Music1’s Video and Music Library

Net Element International electronic commerce and mobile payment processing through its subsidiary Music1 has made available access to Music1’s video and music library via leading song download services including Spotify and Google Music. Music1.ru, powered by Net Element’s proprietary Digital Music Discovery Engine, creates a personalized experience for the discovery of Russian concerts and music videos. Created through collaboration between Net Element and Mr. Igor Krutoy’s record company, “ARS Records”, the online and mobile monetization platform will expand Music1.ru’s current library of more than 2,000 hours of music videos and concert footage including both popular Russian and international titles. The Music1.ru endeavor is expected to become the leading Russian-based destination and monetization platform for Russian-originated digital music content management companies and content producers that are actively seeking distribution beyond Russia.

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AJB Certifies WEX Fleet Card

AJB Software Design, Inc., a leader in integrated payment solutions, announced that they are the first to be certified for WEX’s Fleet Card Management program for Canada. AJB’s FIPay Payment software has been certified for use with WEX’s new cross-border, and Canadian fleet payment solution, enabling merchants to accept the WEX cobranded fleet management card and streamline their cross-border operations, and allowing business owners to ease administrative burdens and drive down the cost of operating and managing their commercial vehicle fleets. WEX’s card program helps businesses better control the cost of vehicle expenses through easy to use tools that allow them to set limits on fuel, service and merchandise for enforcement of company purchase policies.

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CSI Launches Social Payments Instant P2P

In an effort to further improve P2P payments, Computer Services introduced its Social Payments Instant Network (SPIN), which enables banks to provide customers with more direct P2P payment functionality through the company’s mobile and Internet banking applications. CSI’s SPIN eliminates the delay in availability for the receiver, allowing funds to clear in a matter of minutes. This not only means the consumer receives funds faster, but it also leads to a more satisfied banking customer overall. As a component of CSI’s Internet or mobile banking platform, SPIN’s P2P payments technology requires only the 16-digit, fully encrypted debit card number to send payment to any Visa cardholder, which improves adoption among banking customers looking for a quicker transaction process.

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Self-Service Networks Launches Bundled Gift Card Solution

Self-Service Networks introduced the first bundled gift card and automated selling application designed for shopping malls. GiftWise+ delivers Self-Service Networks’ proprietary kiosk; mall-branded, open-loop gift card; credit card payments processing and all required back-end services including funds settlement, reconciliation and regulatory compliance in a single product. In the past, malls contracted with multiple vendors and invested significant staff time away from their core business to administer gift cards. Some shopping centers have eliminated customer service centers due to budget cuts which also eliminated or reduced labor needed to sell gift cards.

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NDB Advisory Announces Firm Expansion on PCI Compliance

PCI compliance mandates for South Carolina merchants and service providers require implementing comprehensive measures, such as developing policies, procedures, while also adhering to PCI mandated best practices. NDB Advisory, with years of experience in assisting companies with compliance mandates, has just launched comprehensive services aimed at assisting South Carolina businesses with the ever-growing PCI provisions. NDB now offers comprehensive PCI DSS services for South Carolina businesses. NDB Advisory, with years of experience in assisting companies with compliance mandates, has just launched comprehensive services aimed at assisting South Carolina businesses with the ever-growing PCI provisions. Services include PCI DSS Readiness Assessments and Gap Analysis findings and Vulnerability scans.

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Trustwave Validates OpSource Level 1 PCI DSS Compliance

OpSource, the SaaS delivery experts, has announced Level One compliance with PCI DSS through Trustwave information security and compliance management solutions. Through its Level One PCI DSS compliance validation, OpSource can support any on-line application, regardless of the volume of credit card information stored, processed, or transmitted. This level of compliance validation is required of any service provider supporting customers storing, processing, or transmitting an aggregate of greater than one million transactions or accounts per year. Effectively, OpSource met the 12 requirements in building and maintaining a secure network, protecting cardholder data, maintaining a vulnerability management program and maintaining an information security policy.

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Alfa-Bank Deploys BPC mNFC Payments

BPC Banking Technologies Open System e-payment solutions for the global financial industry and Alfa-Bank launched an innovative, contactless payment service based on NFC technology for Russian telecom operator Beeline. This new service, using MasterCard PayPass Mobile, enables customers to quickly and securely pay for purchases with their mobile phone. The new solution is available for use on a wide range of handsets and is currently being pilot-tested for the Bank’s customers. Powered by SmartVista, which underpins the Bank’s entire payment processing operations, this new solution was developed very quickly and is seamlessly integrated for smooth and risk free operation.

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Everlink Announces Latest Card Issuance FI Client

Everlink Payment Services announced Cambrian Credit Union – Manitoba’s 3rd largest credit union (by assets) and the 9th largest in Canada (by assets) – has made the move to Everlink’s Central Card Issuance Solution (CCI) effective June 5th, 2013. With the aide of Everlink’s EMV expertise and solutions, Cambrian will be issuing dual interface debit cards over the next 5 years with the launch of the new card product scheduled for the end of 2013. The Everlink CCI solution enables financial institutions to reliably and cost-effectively produce EMV Chip debit cards from a secure central facility, offering distribution options to send the cards directly to the member/customer or to the branch.

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Payment Companies Partner on Dual-Purpose Debit/ID Card

Three leading payment technology companies have combined specialties to produce an award-winning payment solution. Praxell, a prepaid card program manager; card marketing and production partner Arroweye Solutions, Inc.; and secure payment and ID solution provider ABnote have combined their capabilities to produce and fulfill an award-winning, first-ever combination municipal identification and banking card. The card program, developed by SF Global for the City of Oakland, California offers a secure identification and banking solution to the unbanked community. Arroweye’s patented digital on-demand technology enables the high level of customization required to produce each individual card, which includes a photo ID and other personal identification information. ABnote manufactures secure cards which are very effective against reproduction and tampering, like the technology used on other ID documents such as a driver’s license and a national ID.

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HyperWallet Announces Global Expansion

HyperWallet global payment solutions made available 5 new payment destinations and services. This new payments availability enhances hyperWALLET’s global coverage to now include 59 countries / territories for direct-to-bank account transfers, and 29 supported currencies. Going forward, hyperWALLET plans to further expand its international payment network by adding Thailand, Malaysia, Pacific Islands, Colombia, Chile and Nigeria in the near future.

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