Secure Remote Payment Council Deploys Chip and Pin Group

The Secure Remote Payment Council (SRPc) formed a working group to define and adopt a POS and ATM solution for chip and PIN acceptance for PIN debit networks. This will provide interoperable adoption of chip and PIN debit payments to the industry, while supporting innovation, choice, and the proven track record of PIN security in reducing payment fraud. The working group includes leading PIN debit networks STAR®, SHAZAM®, PULSE®, NYCE®, AFFN®, ACCEL/Exchange®, ATH®, Credit Union 24®, CO-OP Financial Services® and Jeanie®.

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First Data Acquires Stake in FEXCO Payment Processing

First Data inked acquisition agreements with FEXCO, taking over an equity stake in the “OmniPay” card and electronic payment processing services to merchant acquiring banks. This puts First Data’s ownership at 100%, in which it has had an equity investment in OmniPay since 2002 and took a majority equity interest in the company in August 2006. FEXCO also continues as First Data’s preferred supplier of dynamic currency conversion (DCC) processing solutions.

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United Bankers’ Bank Implements Aptys Unified Payment Processing

United Bankers’ Bank (UBB) has implemented the Aptys PayLOGICS “Active Archive” and “Image Exchange” modules. With the ability to integrate seamlessly with the bank’s existing infrastructure, PayLOGICS enables UBB to house all transactions and historical data in one location. ACH and other transaction details are on a single cloud-based archive, the Active Archive module gives UBB a centralized view of all customer payment activity.

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Acumera and Liquid Networx Furnish Secure Device Connectivity

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Acumera, the leader in Trusted Connection Services for retail organizations, announced that Liquid Networx has agreed to market products and services based on a suite of secure, merchant-centric applications that increase operational efficiency and effectiveness by securing traditional network clients as well as connecting non-traditional devices. Today, merchants must be compliant…

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DANTOM Systems Achieves PCI DSS Level 1 Recertification

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] DANTOM Systems is pleased to announce the achievement of its annual recertification of PCI DSS Level 1, version 2.0 compliance. PCI DSS Level 1 certification is required for organizations processing over six million payment transactions annually. In addition to achieving PCI DSS Level 1, DANTOM also was recertified as complying with…

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EVERTEC Propose Tack-on of $40mm Senior Notes

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] EVERTEC, and EVERTEC Finance Corp., a wholly owned subsidiary of EVERTEC (“Finance Corp,” and together with the Company, the “Issuers”), announced that they propose to issue $40 million aggregate principal amount of 11% Senior Notes due 2018 (the “New Notes”) in a private offering that is exempt from the registration requirements…

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Acumera and Liquid Networx Team up to Securely Connect

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Acumera, the leader in Trusted Connection Services for retail organizations, announced today that Liquid Networx has agreed to market products and services based on a suite of secure, merchant-centric applications that increase operational efficiency and effectiveness by securing traditional network clients as well as connecting non-traditional devices. Today, merchants must be…

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VersaPay Announces 2011 Year End Results

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] VersaPay Corporation, a provider of merchant credit and debit card payment processing and e-mail money transfer (EMT) solutions, today announced its financial and operational results for the year ended December 31, 2011. All amounts are in Canadian dollars unless otherwise noted. Fiscal 2011 Highlights Grew year over year revenues by 19%…

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NCR & Bank of New Zealand Awarded for IT Predictive Services

NCR Corporation and Bank of New Zealand have jointly won the ‘Best ATM Installation and Management Project’ at the Asian Banker 2012 Technology Implementation Awards. This is the third consecutive win for NCR and recognizes Bank of New Zealand’s world-first deployment by a financial institution of NCR Predictive Services, a unique technology that anticipates ATM failures before they occur and proactively schedules fixes to maximize uptime. BNZ has reduced the downtime of its ATMs by a third and is now achieving network availability of nearly 99 percent, translating into an extra 20,000 hours of ATM uptime across the BNZ network.

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BMO Expands ATM network

BMO Bank of Montreal plans to add more than 800 Cash ATMs to its network across Canada by the year 2014, bringing the network total to nearly 3,000 full-service and Cash ATMs. The new BMO Cash ATMs provide a fast and convenient way for customers to access their money, either through a withdrawal or cash advance. Also, surcharges and month-end Interac fees for BMO debit and credit card customers are waived. The ATMs are designed for cash-only transactions. BMO has also added the BMO Branch and ATM Locator function to the BMO Blue Room™ mobile app.

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Global Personality Award to UAE Exchange COO

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mr. Y. Sudhir Kumar Shetty, COO – Global operations, UAE Exchange, was awarded the Jeevaragam Global Personality Award 2012 for his exemplary contributions to professional and socio-cultural arena. Mr. Shetty received this award from Mr. Oommen Chandy, Hon’ble Chief Minister of Kerala, India, at a glittering function held in Thiruvananthapuram, Kerala,…

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