Tyfone Secures NFC Patents

Tyfone mobile financial and security solutions provider secured two U.S. Patents supporting its design solution to miniaturize a NFC antenna for use in mobile environments, including, but not limited to MicroSD cards, such as Tyfone’s next generation SideTap NFC card. This latest design works with any smartcard secure element, across multiple mobile devices and on any NFC reader without the need for cumbersome external booster antennas or after-market battery covers. The two U.S. Patents supporting this new design are: US 7,954,716, entitled “Electronic Transaction Card Powered by Mobile Device” with an effective filing date of February 22, 2005; and US 7,961,101, entitled “Small RFID Card With Integrated Inductive Element” with an effective filing date of August 8, 2008. Tyfone previously announced a Taiwan patent supporting this advanced design: I336449 “Electronic Transaction Card,” with an effective filing date of February 22, 2005.

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CorFire to Present at NFC Solutions Summit

CorFire mobile commerce business of SK C&C USA announced that Jon Squire, chief marketing officer at CorFire and Tom Zalewski, vice president of sales will both present at the NFC Solutions Summit in Burligame, Calif. to be held May 22-24, 2012. Zalewski will speak on NFC mobile payments in a pre-conference workshop on Monday, May 21. The session will look at how NFC mobile payments work, how they are provisioned to consumers’ mobile devices and how they are accepted through the merchant payments processing infrastructure.

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Chase Approves More Loans Among Small Business

Chase announced that loan growth and improved credit quality among its Business Banking customers indicate that business owners nationwide are better positioned to invest in their companies. Loans to small businesses through the first quarter 2012 increased for six consecutive quarters, and net charge offs are at their lowest level in three years. Small businesses also increased their deposits at Chase 13 percent from a year ago. Chase retained its #1 ranking for the first half of the SBA’s fiscal year, approving 2,198 loans for $390 million through March 31, 2012. And Chase became the outright leader in the SBA’s 504 program, which provides long-term, fixed-rate financing with non-profit Certified Development Companies. Chase approved 213 such loans for $155 million, more loans for more dollars than any other bank. Chase especially impacted small business in Arizona; Louisiana; Florida; New Jersey; Illinois; and New York.

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DataCash signs airline Volotea

Global payment services provider, DataCash, has added to its portfolio of international airline customers with Volotea, a European airline specialising in connecting small and mid-sized European cities with non-stop direct flights at competitive prices. Implementing DataCash will help it manage its international payment processing which will allow customers from any geographical location to book flights to any of Volotea’s 52 European destinations. For this, DataCash has deployed its “Global Payments Gateway” which will provide Volotea multi-currency bank card processing and online transaction security technology, 3-D Secure, with more services to follow.

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Parrot Expands PCI Wholesale Distribution Footprint with Teletouch

Teletouch Communications, a leading U.S. wireless services, cellular, consumer electronics and public safety equipment distributor, announced that Parrot, Inc., the U.S. subsidiary of Parrot S.A., and a global leader in wireless devices for mobile phones, recently signed a new distribution agreement appointing Teletouch’s wholly-owned subsidiary, Progressive Concepts,PCI Wholesale as the sole preferred regional distributor for the states of Texas, Oklahoma, Arkansas & Louisiana. PCIW now carries a full line of Parrot Bluetooth hands-free products for sale to approved dealers in the contracted territory.

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Finish Line to Present at Citi 2012 Global Consumer Conference

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Finish Line announced that Glenn Lyon, Chairman and Chief Executive Officer, and Ed Wilhelm, Chief Financial Officer, will make a presentation at the Citi 2012 Global Consumer Conference in New York City on Wednesday, May 23, 2012 at 4:40 p.m. EDT. A webcast of the live Finish Line presentation will…

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Distra Appoints New Strategic Sales Executive

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Distra, a software provider transforming payments globally, has appointed payments visionary George Dishman into the role of Strategic Sales Executive North America. Distra enables rapid innovation for real-time payments, from point-of-sale, Internet and ATM transactions, and increasingly mobile and social media channels. With its Universal Payments Platform (UPP), Distra empowers issuers,…

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Bit9 to Present at NACStech 2012

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Event that Highlights IT Best Practices that Enhance Operations Will Feature Application Control and Whitelisting Bit9, the global leader in advanced application control, will be attending the NACStech Conference 2012 in Nashville, Tenn., from May 21-23, 2012. The conference hosts more than 1,100 top industry leaders with educational sessions covering new…

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Trycera Financial to Participate in Balance Your Life Tour

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Trycera Financial to Participate in Multi-City “Balance Your Life Road Tour” Trycera Financial, a financial services company specializing in the delivery of prepaid debit card programs, prepaid debit card program management, alternative credit products and personal financial services, today announced its agreement to participate in a multi-city road tour featuring Brands…

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Viaplay selects CyberSource e-commerce Payment management

CyberSource announced that Viaplay is the first merchant in Russia to transact using CyberSource’s eCommerce payment management platform, giving subscribers access to thousands of hours of streamed movies and on-demand TV via the internet, and recently launched in Russia. CyberSource connects directly to VisaNet, allowing acquiring banks to use their existing VisaNet connection when adopting CyberSource’s eCommerce solutions. Viaplay was therefore able to utilise its VisaNet processor, UCS, to access CyberSource’s payment services, making implementation straightforward. Viaplay can benefit from a highly reliable, scalable and secure online payments infrastructure; its customers benefit from a safe online shopping experience.

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Remittance agents and money changers Abide by New Rules

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Remittance agents and money changers (RAMCs) who wish to continue the operation of their business must apply for a money service operators (MSO) licence from the Commissioner of Customs and Excise on or before May 30 this year. The Customs and Excise Department (C&ED) has established the Money Service Supervision Bureau…

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Intuit Payment Solution Division up 14% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Intuit posted its fiscal 3Q/12 (1Q/12) total revenue up 9% to $3.6 billion thanks in part to Small Business Group revenue up 11% through strong adoption of connected services and increasing revenue per customer. Updated full fiscal year 2012 guidance now project revenue growth of 9-10%. Its Total Small Business Group…

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