Diebold Installs Ground Breaking TouchScreen ATM

Mellon Bulgaria EAD payment solutions and outsourced services installed for Teximbank the latest Diebold Opteva® series ATMs. Running on Agilis software, the ATMs are equipped with the latest touch screen technology to replace the traditional screen tactile buttons and are the first to be installed in Bulgaria. This new ATM confirms the position of Mellon Bulgaria EAD as a technological innovator in this field. Opteva ATMs help financial institutions provide a level of service closer to a branch experience by enabling additional functionality including deposit automation, advertising and other advanced banking transactions, such as printing on passbooks to record consumers’ transactions.

Details

Americans Pay Down Debt as Unemployment Wanes

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] When superimposed over one another, unemployment and consumer credit outstanding swells and lulls indicate very positive correlation. With the total outstanding revolving US consumer credit up 7.75%. in February to an adjusted $848B, it slowed in March to $846B. Meanwhile, payroll employment was up 165,000 in April as the unemployment conversely…

Details

NCR Partners Jamba Juice, PayPal on Mobile Ordering

NCR Corporation is working with Jamba Juice, in collaboration with PayPal, on a series of customized mobile solutions, including a Jamba Juice branded iOS® and Android™ mobile ordering and payment solution. This ordering functionality is available today in select Jamba Juice locations via the PayPal app to millions of customers and allows consumers to place mobile orders and pay directly from their smartphone. The customized mobile ordering solution will seamlessly integrate with the NCR Aloha point-of-sale (POS) platform. It is expected to improve speed of service and offer a differentiated experience to Jamba Juice customers, enabling them to skip the line to pick-up their order.

Details

Xoom & Vesta Partner on International mTransfers

Xoom digital money transfer provider, and Vesta Corporation, mobile payments provider, announced a partnership to offer international money transfers using mobile devices. The Vesta PayMobile wallet allows users to top-up their prepaid iPhone and Android devices with some of the largest carriers in the US. Through this partnership, the Vesta wallet will also provide subscribers with access to Xoom’s money transfer services directly from their smartphone. Through the wallet app built by Vesta, users will be able to sign up for the Xoom service, and send money to friends and family in Latin America, the Philippines, India, Europe, Australia and South Africa from their smartphone.

Details

Mako Networks Expanded PCI DSS Certification

Mako Networks completed its fourth consecutive PCI DSS audit, certified as a Level 1 service provider”the highest level of qualification attainable. Mako was additionally certified for its Wi-Fi networking capabilities, now included as standard in its award-winning Mako 6500 series network appliances. Wi-Fi functionality was added during 2012, and with PCI DSS certification it can now be used to transmit and process credit card data – a key feature in modern retail commerce. Mako’s audit was conducted by Verizon Business of Australia, led by a Qualified Security Assessor (QSA) that reviewed Mako’s product design and software code, business processes, documentation, facilities and more to verify that Mako operated in accordance with the full PCI DSS criteria.

Details

Huntington Bank Commercial Card Offers Payables Automation, Rebates

Huntington Bank began streamlining invoice and expense payment workflow processes using the MasterCard-branded Huntington commercial credit card. The card combines online card and data management tools and provides a unique monthly rebate payment. Introduced at a time when total estimated U.S. commercial card spend on indirect and direct purchasing will reach $200 billion in 2013, Huntington is now offering a comprehensive set of products for its award-winning treasury management services. This will improve working capital by paying suppliers but deferring cash outflow for up to 50 days, without a finance charge while rebate payments are available up to 13 months sooner than those provided by typical card issuers with annual or single rate scheduled rebates that usually pay out in February of the following year. Huntington’s monthly tiered rebate measure and payment structure is unique, giving customers the opportunity to more quickly pocket higher returns corresponding with monthly spikes in spend volume during the year.

Details

NCR and LevelUp to Deploy mPayment

NCR Corporation (NCR) announced an agreement for LevelUp to integrate their mobile payment and loyalty solution into NCR’s restaurant POS systems, giving restaurants another way to accept mobile payments and market to their customers. The integration will provide restaurants with an easy-to-use digital payment method and offer consumers a seamless experience when paying for their meal with the LevelUp application. LevelUp will initially interface with the industry-leading NCR Aloha POS using a site-based integration, while in parallel developing its solution for deployment via NCR Cloud Connect expected later this year and will be one of the first to integrate into Cloud Connect, a new hosted infrastructure that will allow leading third parties to integrate, maintain and deploy their solution across NCR’s install base of more than 100,000 locations on the Aloha, Radiant POS and Advanced Restaurant System platforms.

Details

EBA Clearing to Partake in MyBank pilots

EBA CLEARING has issued a call for participation in its MyBank E-mandate Pilot to banks and service providers at the EBAday payments conference to test the MyBank E-mandate solution for SEPA Core Direct Debits with regard to reliability, security and usability. The testing will involve banks, service providers and corporates which will ensure in co-operation that the different components of the MyBank E-mandate solution work together seamlessly before the solution will be rolled out. Service providers can participate in the testing either directly or through a partnership with a participating bank. Banks are invited to join the pilot with a corporate customer to ensure that the end-to-end testing fully meets the requirements and expectations of all stakeholders.

Details

CommBank Deploys Aimia Real-Time loyalty Offers

Welcome Real-time innovative loyalty solutions announced that it is working with Aimia to deploy its Welcome XLS solution for the Commonwealth Bank of Australia’s(Commonwealth Bank) Awards credit card loyalty scheme. The technology is being hosted by Aimia, who works closely with the bank to develop the loyalty scheme. The Commonwealth Bank recently expanded its Awards credit card loyalty program so that the bank’s 1.3 million Awards members can redeem points instantly nationwide, at one of Australia’s favourite retail department stores, on the items of their choice from fashion to electronic, beauty and home products.

Details

EMVCo Welcomes China UnionPay Membership

EMVCo announced China UnionPay as its latest member. UnionPay now has an equal interest in the standards body. EMVCo’s management structure has been amended to accommodate UnionPay representation on the organisation’s Executive Committee and Board of Managers, in addition to equal participation in its working groups. EMVCo stakeholders can now engage with the standard body’s newest member.

Details

Verafin and Fundtech Launch Fraud Prevention Solution

Verafin announced a partnership with Fundtech transaction banking solutions to integrate Fundtech’s “PAYplus” payment platforms: PAYplus Connect & PAYplus USA with Verafin’s enterprise FRAML solution. This integration of the leading funds transfer solution in the US and North America’s most advanced behavior-based fraud detection and Anti-Money Laundering (AML) analytics gives financial institutions the power to prevent wire fraud in real time. Wires are analyzed, as they originate, for anomalous customer behavior. High-risk wires generate risk-rated, evidence-supported alerts, which are presented in a clear visual workflow. High-risk wires are held as the fraud investigator reviews the alert. The fraud investigator can use the wealth of customer data within Verafin to review the alert.

Details

Accenture Acquires Acquity eMarketing

As part of a definitive agreement, Accenture will acquire Acquity Group, a leading digital marketing and eCommerce company. Accenture has agreed to pay $13.00 per outstanding American Depositary Share, each of which represents two ordinary shares ($6.50 per ordinary share), or a total of approximately $316 million, in cash for Acquity Group. Acquity Group provides strategy, digital marketing, and technical services to hundreds of companies to enhance their brand experiences and eCommerce performance. The acquisition will broaden Accenture’s own services in these areas, which the company provides through Accenture Interactive, its group that offers chief marketing officers (CMOs) and brand leaders a comprehensive suite of marketing, technology and analytics solutions to help them improve their marketing performance. Acquity Group is the second-largest independent digital marketing company in the United States.

Details