Cadence Bank to Launch Discover Debit Program

Discover partnered Cadence Bank to create the Cadence Bank Debit Card powered by Discover Debit. Cadence recently completed a comprehensive evaluation of its debit options in response to the changing financial services landscape and determined an affiliation with Discover made the most strategic sense. Discover Debit provides convenience and security, with broad national acceptance as well as leading fraud-prevention and data-security tools to help mitigate cardholders’ exposure to debit card fraud. Cadence also is participating in Buzz Points™ through PULSE Loyalty Edge, multi-faceted loyalty program incorporates merchant rewards and aims to drive spending to local merchants in the communities the bank serves.

Details

NCR Lets DSW Employees to Go Mobile

NCR Corporation announced DSW branded footwear and accessories retailer is to expand their use of NCR Advanced Store POS software to offer DSW shoppers mobile POS functionality and returns throughout the chain. Now Sales associates can easily assist customers in finding items out of stock at the store they are in, but available at another store or on the DSW website; Loyalty program information is available anywhere, allowing associates on the floor to personalize the shopping experience with relevant product advice and make recommendations based on shoppers’ past purchases; Increased checkout capacity and agility at peak periods like holidays, weekends or major store sales days; and sales management can now perform back office functions anywhere in the store floor.

Details

First Data Announces CEO to Step Down

First Data electronic commerce and payment processing announced CEO Jon Judge plans to retire from the company, of which he informed the Board of Directors last week and received full support. Mr. Judge will remain in his position until a transition is effected. First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. The company leverages its product portfolio and expertise to drive customer revenue and profitability for debit, credit card, gift card, check or mobile phone, online or at the checkout counter.

Details

ROAM to Showcase Retail mPOS at NRF

ROAM mobile commerce platform will demo a suite of new retail mobile point of sale solutions to expand mobile functionality beyond payments at the National Retail Federation (NRF) BIG Show. ROAM offers SMB Retail Solution is a turnkey offering for small to mid-sized retailers based on the industry-leading ROAMpay application and secure reader hardware, while the Enterprise Retail Solution offers major retailers a fully customizable, integrated and PCI-compliant mobile point of sale system tailored to meet the requirements of their business. Through integrations to existing management systems, POS applications and payment hosts, ROAM’s enterprise solution enables real time processing of change orders through backend systems, onsite payment acceptance, and remote resource monitoring and allocation.

Details

NCR to Demo New Product Line

The wide variety of NCR’s solutions for retailers, from the budding entrepreneur to the largest global chains, will be on display at booth 2007 at the National Retail Federation (NRF) Big Show Expo January 14 and 15 at New York’s Jacob K. Javits Convention Center. They will demonstrate NCR Silver, the revolutionary small business point of sale (POS) system; NCR self-checkout (SCO) enhancements for 2013 will increase the reliability and security of SCO solutions. Working with StopLift Checkout Vision Systems, NCR will begin offering a real-time video analytics function to give stores another avenue for monitoring SCO; The NCR RealPOS 72XRT continues NCR’s leadership in powerful, scalable and reliable high-performance POS systems. Built with Intel® processors inside and featuring Intel® Active Management Technology (Intel® AMT), the 72XRT provides more intelligent processing power to drive new applications, remote manageability and enhanced security, which creates competitive advantages on several fronts; and The NCR Netkey Endless Aisle kiosk application seamlessly integrates with back end e-commerce systems to enable customers to browse for product information, check inventory and order out-of-stock items or products not carried in the store.

Details

MyCheck & DataCash Intro Self check-out Mpayment app

DataCash, a MasterCard company, is now processing payments for the MyCheck app is due to be launched, providing an alternative way to pay without the need for credit cards and cash in restaurants, bars and pubs. Initially launched in Tel Aviv, where it has been adopted by over 80% of the city’s leading bars, pubs, restaurants, MyCheck is a unique mobile app that removes the need for an embedded chip in smartphones to make payments. The service allows customers to download the MyCheck app for participating venues they visit. A pre-authorisation validates the customer’s payment details and in return a 4 digit payment authorisation code is then entered by the waiter or barman into their electronic point-of-sale system, which opens a tab for the customer.

Details

Western Union Expands Services Globally

Western Union launched Western Union Money Transfer services at six banks in Myanmar. In addition to the six banks, Kanbawza Bank- with over 90 locations nation-wide- also signed with Western Union. A combined network of more than 150 locations representing Co-operative Bank, First Private Bank, Myanma Apex Bank, Myanmar Livestock and Fisheries Development Bank, Myanmar Oriental Bank and United Amara Bank are now connected to Western Union’s global network of over 500,000 Agent locations. Kanbawza’s agreement will further expand the Western Union Agent Network to nearly 250 locations in the coming month.

Details

CREDIT CARD INDUSTRY FEES FAIRLY FLAT, AS PREDICTED

Anyone near the credit card business knows credit unions and banks have had their interest income business models attacked since 2008 – prompted by a “perfect storm trilogy” of a depression-like recession, an improving yet still painful economic recovery with card members becoming more cautious in their spending habits, and legislative changes which forever altered…

Details

USA Technologies Inks 10 Extended Agreements

USA Technologies entered into ten new exclusive agreements with existing customers throughout 2Q/12. The agreements call for exclusive use of USAT’s comprehensive ePort Connect service, are all three years in duration. The customers with whom the exclusive agreements have been entered into represent existing USAT customers who are regional vending companies as well as a Pepsi distributor.

Details

AJB Joins Visa POS Solutions

AJB Software Design integrated payment solutions is a participating Payment Technology Provider in the Visa POS Solutions Program and has validated current versions of its payment processing suite. AJB’s integrated payment solutions are customized based on industry and customer need, and are applicable for an array of sectors. AJB’s payment processing suite consists of the Retail Transaction Switch (RTS) and Flexible Integrated Payment System (FIPay), and enables merchants to quickly deploy new payment innovations. RTS is a robust, multi-purpose transaction switch that scales to meet the high level of performance demanded by North America’s largest and most well-known retailers.

Details

Ingenico Introduces New POS Terminal

Ingenico payment solutions launched its “iSC Touch 480″ payment terminal. Featuring 7” touchscreen device combined with a unique set of payment and business applications, the “iSC Touch 480” is designed for highly demanding multilane environments. Its video decoder plays promotional videos and a complete portfolio of connectivity options. It supports all payment options, including EMV Chip & PIN and Chip & Sign, and offers contactless payment, both through an integrated module and an external add-on. The “iSC Touch 480” ultimately allows retailers to provide a unique shopping experience that sets them apart from the competition and sets a new frontier in consumer engagement.

Details

MoneyGram Services at 20k African Locations

MoneyGram money transfer company officially crossed the 20,000 agent location milestone in Africa through its relationship with Express Exchange. In addition to Express Exchange, MoneyGram also leverages its robust agent network with well-respected pan-African banks in Cameroon like Afriland First Bank, Banque Atlantique and UBA. In 2012, MoneyGram announced the addition of First National Bank in South Africa and Ecobank in Nigeria, significantly expanding the company’s presence in Nigeria.

Details