AmEx & TNS Partner on Payment Service Provider

American Express and Transaction Network Services partnered to kickoff the American Express “Payment Gateway.” The payment service provider solution offers a single-source for all sized merchants looking to establish online payment functionality, allowing businesses to set up the ability to manage e-commerce and other card-not-present transactions with fraud and card data security. It supports major card brands and payment types; enables payment acceptance globally with multi-currency enablement in over 120 global currencies and major local acquirer connectivity; meets unique business needs through hosted solutions, standard or custom implementation and in-country solutions; offers cardholder authentication capabilities, and TNS’ tokenization solution. The American Express “Payment Gateway” ultimately connects merchants with all major processors, acquirers and networks and helps enable all forms of online payment transactions to be processed safely and securely by utilizing TNS’ payment software and global network and leveraging fraud protection capabilities.

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Elan Financial Services Introduces Dispute Processing Solution

Elan Financial Services EFT processing introduced “eAdjust Plus” dispute processing solution to make resolving disputes easier and faster for financial institutions. The dispute process, involving cardholders, merchants, acquiring banks and card issuers. Elan “eAdjust PLUS” features a call center staffed by Elan employees with expert knowledge in Reg. E, network charge-backs and adjustments; dispute investigation and provisional crediting/debiting in accordance with Reg. E and network regulations; clear notices of Reg. E claims mailed directly to cardholders; solution and reporting customized to fit a financial institution’s unique needs and adjustment thresholds by dollar amount and adjustment type set by the client. The “eAdjust PLUS” handles credit card ATM and debit card disputes.

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ScanSource Recognized as Polycom Global Distributor of the Year

ScanSource Communications has been named Global Distributor of the Year and North America Distributor of the Year by Polycom, the global leader in open standards-based unified communications (UC). ScanSource Communications received the awards at TEAM Polycom 2012 and was honored for its excellence in selling and supporting Polycom’s solutions on a global level, as well as in North America. The annual TEAM Polycom Partner Awards showcase partners who exhibited outstanding sales performance in 2011 in each of the major partner categories and for excellence in innovation, industry focus, customer services, and integration.

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Digital River Hosts Cyber Security Conference

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Digital River, the revenue growth experts in global cloud commerce, will host leading cyber security experts at the Digital River® Globalocity™ commerce conference. Globalocity, which is expected to draw top business visionaries, industry analysts, global commerce executives and senior professionals from the U.S., Europe and Asia, will take place May 14-16,…

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InsurCard Announces ‘No-Cost’ Way to Pay Providers

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] InsurCard, the industry leader in prepaid card programs for Workers Compensation payments, recently announced the introduction of the InsurCard Virtual Card, their ‘no-cost’ program for insurers and TPAs who pay workers compensation benefits directly to healthcare service providers. The InsurCard Virtual Card program provides electronic delivery of payments to providers, at…

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NFC Forum Gains Momentum

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The NFC Forum, a non-profit industry association that advances the use of Near Field Communication (NFC), announced that a growing number of companies are displaying the N-Mark, the universal symbol and touchpoint for NFC, on smart posters, tags and media, promotional materials, and websites. In response to this increasing popularity, industry…

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Malauzai M-banking apps raise $2.3mm

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Malauzai Software Inc., a leading provider of mobile banking applications for community financial institutions, announced it has completed a $2.3 million capital raise. The company will use the funds to expand its footprint in mobile banking, pursue strategic partnerships and increase awareness of its proprietary SmartApp platform. Malauzai makes this announcement…

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Ingenico and First Data Partner on Tokenization

Ingenico payment solutions and First Data payment processing partnered to enable retail customers in the U.S. with the First Data “TransArmor.” This will allow customers of both First Data and Ingenico to increase payment security by incorporating TransArmor data encryption and tokenization technologies across the Ingenico “Telium” range of products, which features payment acceptance for EMV, NFC and magnetic stripe cards in a highly secure platform. Ingenico is already working with First Data retailers, emphasizing card data security, reduction of the cardholder data environment, and the advantages of decrypting at First Data as cornerstones of the program. Now the partnership ensures payment card data is more secure from the moment it enters the merchant environment throughout the entire transaction with encryption. After the payment is authorized, sensitive payment card data is replaced with a non-sensitive, random token number that preserves the value of card data for merchant business operations and marketing purposes but removes all cardholder or transaction information that criminals may find useful. This offers a secure environment to significantly reduce the scope and costs associated with PCI compliance.

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UAE Exchange Presents “Fan of the Week” Facebook Contest Post

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Hang out at the UAE Exchange page on Facebook, in April, and you could walk away with an iPad 2 every week. UAE Exchange, the leading global remittance and foreign exchange brand presents “Fan of the week” – a contest, exclusively for its Facebook fans. This exciting promotion will run till…

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Citi and American Airlines Refine CoBranded Card Offering

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Citi and American Airlines introduced seven new benefits on the Citi “Platinum Select/AAdvantage” credit card with 10% miles back on American Airlines AAdvantage miles redeemed up to 10,000 miles per calendar year. Cardholders also enjoy free first checked bag, priority boarding and earn 30,000 AAdvantage miles after $1,000 in purchases made…

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