Ingenico Announces Quick Service Payment Tool

Ingenico payment solutions launched its Next Generation Loyalty solution for retailers and quick-service restaurants to interact with digital consumers via smartphone, website or in-store. Ingenico is changing how retailers interact with today’s digital consumers by making social, local and mobile services a reality and accessible to any retailer globally by using Ingenico’s cloud based technology. Ingenico’s Next Generation platform and smartphone application combines loyalty, gifting, promotion management and secure payments across multi-channel retail environments including web, POS, mobile POS and self-service kiosks. Ingenico developed its Next Generation Loyalty platform to combine secure payments, building on over 30 years of payment expertise to deliver a true multi-channel payment experience for the consumer. This solution supports Ingenico’s offering to help retailers and quick-service restaurants extend their consumer’s shopping experience across multi-channel environments.

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Visa Transactions Processed Up 2% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa posted their fiscal fourth quarter (3Q/12) net income of $1.7 billion and adjusted net income of $1.0 billion for a net income of $627 million. Meanwhile, net income for the full-year 2012 was $4.2 billion, an increase of 19% over the prior year. Payments volume growth, on a constant dollar…

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epay Unveils Gift Card Center

epay prepaid and payments processor launch its epay Gift Card Center for retailers. Featuring over two dozen national brands, including a blend of “mall” cards and online/catalog gift cards, retail stores benefit from opportunities for additional sales and solidify their role as a “one-stop-shop.” Gift card issuing merchants benefit from epay’s large national distribution network of over 50,000 retail locations and low cost of entry into the gift card space. The epay Gift Card Center appeals to a wide audience because of its variety of cards, including epay’s Visa® gift card, which can be used everywhere Visa debit cards are accepted; merchant gift cards such as Columbia Sportswear, Overstock.com, Omaha Steaks®, Great Clips, Showcase Cinemas, Regal Entertainment Group, Elektra de Mexico and Coldwater Creek; and content such as epay Dining Deals, an online portal with access to nationwide coupons for both restaurants and grocery.

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Gemalto Exec to Serve on the Identity Ecosystem Steering Group

Gemalto digital security announced its Senior VP, Government Programs, Mr. Neville Pattinson, was appointed to the Identity Ecosystem Steering Group (IDESG) Management Council formed recently by the National Strategy for Trusted Identities in Cyberspace (NSTIC). Pattinson is an expert having been involved in planning and implementing several U.S. e-Government initiatives. He has also served as Technical Chairman of the Smart Card Alliance (SCA) and Vice-Chairman of the SCA’s Identity Council and joins 13 other delegates from global organizations with each of the experts serving a range of perspectives. NSTIC, tasked to improve security in cyberspace and e-commerce, formed the steering group to develop and administer the process for policy and technical standards development for the Identity Ecosystem Framework.

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Trustmark National Bank Implements Fiserv Check Capture

Fiserv announced Trustmark National Bank will implement its Central Source Capture web-based check capture and processing solution. This represents a significant investment, one that will enable the organization to replace its current, paper-based check processing system with a modern solution. The multi-year agreement expands a strong, long-term relationship between Fiserv and Trustmark, which Trustmark cites as one of the key reasons for selecting Central Source Capture. Trustmark and Fiserv worked together to identify a phased implementation approach. The first phase included deploying a centralized database for branch capture and placing image-enabled ATMs throughout Trustmark’s branch system. The second phase will encompass replacing legacy check processing and cash lettering systems and eliminating sort patterns from legacy systems. During the third phase, the legacy image exchange and external duplicate detection systems will be replaced.

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Microsoft Adopts Experian Sepa Payment

Experian announced Microsoft has adopted Experian’s Bank Wizard Global to handle accurate and timely commission payments to Microsoft Corp.’s international network of re-sellers and supply vendors. New SEPA rules dictate the use of the International Bank Account Number (IBAN) to uniquely identify the bank and account of payment beneficiaries will soon become mandatory for all internatonal and domestic euro payments. Experian’s Bank Wizard Global validates and converts bank account data for Microsoft across 228 territories to the appropriate format for use at the point of collection or payment initiation. This will help Microsoft to ensure smooth, timely and successful delivery of payments using multiple payment mechanisms through various banking associates and payment service providers.

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Thomas Cook & MasterCard Partner on Borderless Prepaid Card

Thomas Cook travel and travel-related financial services company, in collaboration with MasterCard Worldwide, introduced its Prepaid Foreign Exchange Travel Card. Thomas Cook (India) Ltd’s Borderless Prepaid Card empowers travelers with the option of loading as many as eight currencies on a single card – US Dollars, British Pounds, Euro, Australian Dollars, Canadian Dollars, Swiss Francs, Singapore Dollars & Japanese Yen. An embedded chip and PIN ensures security and increased protection against counterfeiting and skimming card frauds. Customer-centric features on the card include instant loading, emergency cash disbursement and free replacement card in case stolen or lost and 24×7 global emergency assistance available via toll free access in over 80 countries.

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Western Union 3Q/12 Up 1% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Western Union posted its 3Q/12 revenue of $1.4 billion, up 1% from the year ago period, while year-to-date cash provided by operating activities of $860 million, including the impact of tax payments of approximately $90 million. Sequentially, Western Union is implementing strategic actions in consumer value proposition, digital channels, and cost…

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U.S. Micro Earns PCI DSS Certification

U.S. Micro Corporation gained the PCI DSS certification, the fourth certification it received this year. This after an audit of internal controls and processes related to handling data on retired IT devices. U.S. Micro pursued the certification because sensitive payment card data could potentially be stored on numerous devices that it processes. U.S. Micro has aggressively pursued certifications in 2012 to highlight its high standards for data security and protecting the environment. Both SOC 2SM and PCI DSS are unique among ITAD vendors, demonstrating the company’s commitment to exceeding industry standards.

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TSYS Executive to Speak at North American Conference

TSYS announced its director of business development for Commercial Card Services, has been chosen to participate in Commercial Payments International’s “The North American Middle Market Conference 2012,” on November 8, 2012. The theme of the one-day event is “Seize the Massive Opportunity.” He will present in a session entitled, “AP Automation in the Middle Market: Exploring Challenges and Opportunities,” discussing best practices for increasing your commercial card volume without increasing your exposure to risk, and structuring your e-payables program to maximize revenues in a competitive environment.

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Credit Mutuel-CIC and Ingenico to Launch Sepa Payment Terminal

Ingenico payment solutions and the Crédit Mutuel-CIC group announced the successful demonstration of their live common card payment solution based on SEPA standards during the EPASOrg annual conference. The Ingenico iWL250 payment terminal was used for the demonstration of a first card payment solution ready for SEPA. This is the first time that a live solution using future SEPA standards, based on a single EMV payment application (SEPA-FAST) and an open and universal card payment protocol (EPASOrg-EPAS ISO 20022 Acquirer protocol) was demonstrated publicly in the world. The Ingenico iWL250 SEPA Payment terminal successfully connected to Credit-Mutuel-CIC EPAS ISO20022 Acquirer authorisation host at the EPASOrg Annual conference in front of 100 attendees.

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