Primax Inks Card issuing Agreement with Four Points FCU

Primax debit and credit card issuing and merchant acquiring programs, products and services partnered with Four Points Federal Credit Union (FPFCU) to implement and provide support services for the credit union’s credit card issuing program. FPFCU is a $121.6 million asset, 7,975-member credit union that serves employees of agricultural cooperative organizations throughout the Unites States, including units of the Cooperative Farm Credit System and local and regional farm supply and marketing cooperatives.

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Gemalto to Showcase Software Development Kit

Gemalto will showcase its extended range of Ezio tokens for eBanking authentication and transaction signing at Cartes 2012. The tokens combine enhanced security with outstanding convenience to support the growing needs for instant and easy access to online banking services. Used in conjunction with the Ezio Library software development kit, these ergonomic devices deliver an easily integrated and flexible response to the need for protection during eBanking and eCommerce transactions. Online self-service banking is increasing in popularity on top of face-to-face services – enabling financial institutions to increase efficiency and boost growth.

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ING and ABN Amro to issue Contactless MasterCards

ABN AMRO and ING are set to launch ‘contactless’ cards with Maestro PayPass allowing consumers faster and more convenient payment options while shopping, which benefits merchants by reducing checkout time. PayPass users are able to tap their cards against payment terminals allowing payment details to be exchanged safely and effectively within seconds. ABN AMRO and ING have pointed out this is a significant development towards consumers being able to pay with their mobile phones in a similar way. The banks expect that by the second half of 2013, consumers will be able to pay with their smart phones at the cash register.

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YESpay & PaymentSense Announce Strategic Partnership

YESpay and PaymentSense forged a strategic partnership to help them assist their merchants adopt integrated card payment services. PaymentSense is the largest ISO of FirstData, selling merchant accounts and renting credit and debit card payment terminals at competitive rates to small merchants in the UK. As a YESpay partner, PaymentSense is now geared to offer a power-packed package of PED rental, YESpay EMBOSS payment service and Firstdata Merchant Accounts to all merchants as a single contract. This offers low cost and secure payments for merchants, giving merchants an all-in-one payment service that includes hardware, payment service, maintenance and acquiring.

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Secure Electrans terminal PCI PTS 3.1 Certified

Secure Electrans announced their HomePay terminal has secured PCI PTS 3.1 global certification, including SRED (Secure Read and Exchange of Data). HomePay is a handheld consumer payment terminal that cardholders can use with their existing Chip & PIN card for online shopping, and as a means of secure access to a wide range of online services such as banking and e-government. Secure Electrans has also developed the infrastructure required to deploy and support this next generation of online payment security, building on the multi-billion pound investment already made by the global payments industry in Chip & PIN technology.

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FIS 3Q/12 Revenue Up 2.8% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] FIS banking and payments technology posted a 2.8% increase in revenue for the quarter ended September 30, 2012. On an organic basis, revenue increased 5.0%, excluding the impact of acquisitions and foreign currency, continuing the trend of organic growth approaching 5.0% or better in seven of the last eight quarters. Organic…

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FIS Joins Multos Consortium

FIS banking and payments technology joined The Multos Consortium of blue chip organisations responsible for the promotion and development of the Multos smartcard specifications. The MULTOS Consortium is a group of globally based, industry-wide companies, whose remit, in part, is to develop, manage and promote MULTOS and the MULTOS product specifications for smartcards. As a Partner Member, FIS will participate in the MULTOS Business and Technical Advisory Groups, allowing them to play a prominent role in the development and growth of the MULTOS specifications.

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Elavon Deploys Ingenico Payment Terminals

Elavon global payments solutions provider is set to launch the Ingenico “Telium2” series countertop and wireless terminals as part of a strategic move to scale its global relationship with Ingenico. Elavon has successfully completed the Class A certification of Ingenico’s Telium2 iCT2xx and iWL2xx series terminals and software application. The certification covers the iCT220 and iCT250 countertop terminals. The iCT220 and iCT250 terminals will be available to Elavon’s customers nationwide as stand-alone countertop solutions or in conjunction with Ingenico’s external iPP220 & iPP320 PIN Pads. The iCT2xx and iWL2xx terminals will provide Elavon’s customers everywhere with a solid foundation to offer payment and value-added services to their customers on a platform that supports EMV, contactless, and NFC technologies. The two companies are also leveraging Ingenico’s IngEstate tool terminal management platform.

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HP Launches Payment Management Software

HP launched the “PowerCARD” payment management software, offering customers a card payment solution across Europe, Middle East and Africa. This solution complements HP’s existing card services utilities which are already available to clients in the Americas and in the Asia-Pacific regions. The HP “AllianceONE” partner payment software company currently provides card, ATM and POS management systems for over 320 financial institutions in 70 countries and is through which HP and HPS will jointly offer outsourced payments solutions based on PowerCARD software in the Europe, Middle East and African (EMEA) region. HP offers a broad solution set for both in-house processing and outsourced services and works with clients globally to define the appropriate strategic fit for their cards and payments business.

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Clear2Pay to Test Bancontact Sepa-Readiness

Clear2Pay next generation payment forged agreements with Bancontact MisterCash Company, owner of the Belgian debit card scheme, covering the testing of the implementation of the card scheme’s new switching infrastructure. Clear2Pay will validate the implementation of the scheme switch as well as the acquirer and issuer processors connecting to this new switch, on behalf of Bancontact MisterCash Company. Bancontact MisterCash Company selected Clear2Pay to develop a customised test solution and set up an end-to-end certification environment. In addition, Clear2Pay’s Managed Services will accredit all acquirer and issuer processors that require connection to the Bancontact/Mister Cash switch, thus ensuring a smooth, secure payment transaction process.

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Ingenico and BNP Paribas Fortis Introduce Smartphone Payment

Ingenico payment solutions partnered BNP Paribas Fortis to offer the combination of a mobile telephone with a dedicated application and a secured pocket format card reader with Bluetooth connection. The retailer enters the amount to be paid via the smartphone application and then the customer uses the card reader keyboard to enter his/her code in total security. BNP Paribas Fortis finalised a partnership with Ingenico which will provide a fully operated solution from the secured card reader to the processing of the transaction. To implement its smartphone payment solution, BNP Paribas Fortis will also rely on the capacities of easycash Belgium and ROAM, Ingenico subsidiaries. Many applications have already been rolled out by BNP Paribas Fortis to enable customers to consult their accounts and carry out banking operations on their Smartphone.

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Ingenico Acquires PT Integra Payments

Ingenico payment solutions acquired the payment solutions activity of PT Integra Pratama (PT Integra) POS, subject to authority approval. This acquisition will boost Ingenico’s presence in a particularly dynamic market where the Group has a direct local presence with Bank Mandiri and has been addressing all financial institutions indirectly through PT Integra. Over the last ten years, PT Integra has an installed base of close to 500.000 POS terminals. The acquired activities fully cover POS terminal services, including a mix of terminal sale and rental, field and maintenance services.

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