NCR Corporation has made available its “NCR Silver” and on the Apple App Store. The “NCR Silver” platform is a simple and affordable cloud-based POS software platform that enables small business owners and entrepreneurs to take payments and manage their entire business with one POS solution, changing the way small business owners manage their business. It operates on Apple devices like the iPad, iPhone and iPod Touch. The “NCR Silver” analytics allow small businesses owners to track inventory and transactions, see profit margins and manage other key business information. With its cloud-based interface, this information can be accessed from any computer with internet access. It operates like a traditional POS system when combined with a credit card reader, iPad stand, wireless receipt printer and wireless cash drawer. The Apple device running NCR Silver can also be taken around the store to take payments or offer more intimate customer service or outside the store to sell at remote locations like farmers’ markets and street fairs.Details
Fiserv announced Tech Credit Union selected its “XP2” account processing platform for its advanced technology and functionality to support its goals for increasing operational efficiency and enhancing member-service. The “XP2” account processing platform from Fiserv features a Microsoft .NET architecture that is open at every tier and a member-centric design backed by an IBM® DB2 relational database. With scalable technology and established interfaces to a broad range of enterprise solutions, XP2 supports credit unions’ growth and drives operational efficiency. The credit union will also take advantage of the Integrated DesktopSM feature from Fiserv, which delivers tight integration between XP2 and its existing debit card processing solution from Fiserv to deliver more immediate access to member profiles and enhanced service capabilities.Details
After introducing its comprehensive PCI Compliance as a Service platform, ControlCase is now authorized as a Qualified Security Assessor (QSA) for the newest PCI Point-to-Point Encryption (P2PE) standards. These newest standards ensure card holder data is encrypted at the very first POS, be it a traditional retail terminal or a mobile payment application. The use of P2PE solutions may actually simplify a merchant’s annual PCI DSS compliance requirements.Details
National Payment Card Association (NPCA) www.nationalpaymentcard.com has been issued a third United States patent in the area of decoupled debit technology. This most recent patent is in the rapidly emerging mobile payments area. “Decoupled debit” payment methods refer to situations in which a US checking account holder from any bank or credit union is able to accomplish an electronic payment without needing to use a card issued by the bank or credit union they have their checking or debit card with. The patent is United States Patent Number 8,205,791, titled “Payment System and Methods”. The patent contains 28 claims, including various independent claims for a consumer to fund a mobile wallet via an ACH payment method for the holder of a United States checking account with a financial institution to accomplish a purchase at a retail site.Details
SYSPRO enterprise resource planning (ERP) software for on-premise and cloud-based utilization launched its POS retailing solution, offering a variety of retailing management and market capabilities. The SYSPRO Point of Sale- built on single source code under-pinning SYSPRO’s powerful enterprise resource planning (ERP) software- contains more than a dozen new features/functions useful for managing everything from ordering, through inventory management and transit and on the front-end the transactions, daily/period cash-outs and card-based customer loyalty programs. SYSPRO Point of Sale is an ideal match for SYSPRO ERP companies that are improving their margins by cutting reliance on intermediary companies and managing the end-to-end manufacturing/distribution/retailing chain independently. It embeds intelligence into this complete cycle for retail oriented manufacturers and distributors for order entry; inventory management; and shipping/transit.Details
Presidio Bank is set to offer its clients IronKey “Trusted Access” to help prevent identity theft, online account takeover, and payments fraud. The “Trusted Access” platform allows the bank to meet and exceed the new Federal Financial Institutions Examinations Council (FFIEC) guidance, with which all financial institutions must comply in 2012 to reduce the risk of online banking fraud.
According to real-time research from SpyEye Tracker(1), today’s anti-malware software fails to detect crimeware at least 75 percent of time. The Anti-Phishing Working Group (APWG) estimates that 39 percent of all computers are infected with financial malware designed to steal personal and account information. As a result, online banking account takeovers are growing at a rate of 150 percent each year, based on research published by FS-ISAC (Financial Services Information Sharing and Analysis Center).
Green Dot Corporation has completed a key milestone related to its acquisition of Bonneville Bank, renaming it Green Dot Bank. Approximately six months after closing on this acquisition, Green Dot successfully completed a highly complex enterprise-wide integration project to facilitate the issuance of the Company’s suite of MasterCard and Visa prepaid debit card products from its own bank. Issuance of the first cards from Green Dot Bank began earlier this month.Details
MoneyGram International will announce its second quarter fiscal year 2012 financial results on Thursday, July 26, 2012. Pamela H. Patsley, chairman and chief executive officer, and Alex Holmes, executive vice president and chief financial officer, will host a conference call at 9 a.m. EDT to discuss the quarterly financial results. A news release detailing the results will be available prior to the call on MoneyGram’s website at moneygram.com.Details
Kuapay closed a $4 million round of funding with a private investor, which it intends to put towards further expansion into New York, Europe, and Asia. Expansion into Europe, Asia, and the Eastern Region of the United States is on the horizon and will consist of sales and support operations in New York, Madrid, and Hong Kong and will enable the company to offer its universal e-wallet to even more consumers globally. Kuapay is not founded by a major banking or retail entity, and therefore has the freedom to provide solutions across all card types and payment platforms.Details
Rakuten LinkShare has completed a new round of rigorous testing on today’s most popular mobile devices and platforms including Apple iOS for iPhones and iPads. The comprehensive testing and validation of its tracking technology assures advertisers and publishers in the Rakuten LinkShare network they will be credited for mobile transactions on a variety of devices. It also enables them to develop long-term, successful partnerships that will further drive mobile and tablet sales and transactions. The testing was performed on the Apple iOS (iPhone and iPad), Android and Blackberry. The results show that advertisers are increasingly focused on m-commerce as over 500 advertisers tested within the Rakuten LinkShare network are now successfully tracking mobile transactions on one or more platforms and devices.Details
Orange mobile operator with over 27 million subscribers deployed its large-scale rollout of a SIM-based NFC solution to enable NFC-readiness for mass deployment of mobile contactless services through Gemalto. Orange is now pursuing the implementation of a NFC infrastructure on a national level that enables service providers to come onboard and massively deploy mobile contactless services. Orange can offer service providers such as banks, transport operators or retailers an attractive, secure and scalable solution to deploy new and enhanced services to end users. The solution will allow any service provider to dynamically manage its own security domain in the card and to load, personalize and update its related NFC applications remotely over time.Details
The UAE Exchange inaugurated its 600th branch globally, in Dubai. This as the UAE Exchange expanded its network in Asia, Africa and Europe by commencing operations in China, Malaysia, Ireland, Botswana, Seychelles, Kenya and Morocco. UAE Exchange offers technologically backed high quality services like Xpress Money, the favourite global instant money transfer service with over 135,000 payout locations in more than 125 countries; FLASHremit, the real-time bank account credit service; Money2anywhere.com, the convenient online money transfer portal by which money can be sent to any corner of the world in just a few clicks from an internet environment anywhere; Smart Pay, the leading payroll solution; gocash, the prepaid travel card; and XPay, the online bill payment service using mobile phone.Details