Visa Service Detects Issuer Fraud

Visa announced a new global solution called Visa Strategy Manager to help financial institutions create and implement strategies for identifying and stopping fraudulent transactions in real-time at the check-out. Financial institutions will benefit from Visa’s cutting-edge, patent-pending algorithms, which help detect fraud patterns. Visa Strategy Manager allows financial institutions to target the riskiest transactions with customized fraud strategies and determine whether a transaction should be approved, declined or flagged for review. It builds on Visa Advanced Authorization and bases its “risk scores” on a global view of fraud and spending patterns across the entire Visa network.

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U.S. Bank Launches Reality iPhone App

The new U.S. Bank “Find US+” Application for iPhone allows on-the-go users to easily find and access more digitally enhanced information about the closest U.S. Bank branch or ATM. The new Find US+ App, based on augmented reality, merges the real world with a digital experience, creating a new way for customers with iPhones to locate U.S. Bank branches and ATMs. When pointed in a specific direction, the phone displays a computer-generated graphic for each location (branch or ATM), its address and distance based on the user’s GPS location. Each graphic is color-coded to reflect whether the location is open, closing in an hour or closed. The app recognizes when the user arrives at the destination and asks if additional information is requested. It also provides the best route and hours of operation.

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Jack Henry Expands Client List

Jack Henry & Associates payment processing services announced Farmers State Bank has selected its “Core Director” core processing system to provide enterprise-wide automation. The outsourced offering is in addition to other JHA products the bank plans to implement, including complementary solutions “NetTeller Online Banking;” “goDough” mobile banking; the “jhaPassPort” ATM and debit card transaction processing platform; components of the Synergy Enterprise Content Management (ECM) solution; and the 4|sight Item Imaging platform.

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Encore Payment Launches Small Business Card Security

Encore Payment, a PCI DSS third-party compliant agent, has designed a specialty team dedicated to helping merchants understand PCI and allow the opportunity for their merchants to become PCI compliant. With this, it will offer merchants a solution for PCI compliance for their businesses through a simple and guided process. Encore’s compliance team helps merchants to become compliant, scans computers for any data vulnerabilities and will cover small businesses who have completed the compliance process with up to $10,000 in fine reimbursements from a security breach event. Encore’s PCI compliance program assists in making businesses compliant and secures the merchant’s reputation and customer trust.

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DocuSign & PayPal Forge Partnership

DocuSign announced instant payments through PayPal for any DocuSign transaction. DocuSign Payment helps companies get signatures on contracts, agreements, and other legally binding documents and collect payment simultaneously to finish business and capture revenue faster. This will accelerate transaction cycle times; increase speed to revenue; and allow customers to sign documents and pay from any browser or mobile device making every kind of business transaction faster, easier, and more convenient than ever. During the transaction, signers complete the normal DocuSigning steps and are prompted to provide payment.

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Punchcard Lets Clients Track Customer Purchase Behavior

Punchcard, an Idealab company, announced the introduction of Punchcard for Business, the company’s new business-side marketing solution that gives local merchants valuable insights into customer purchasing behavior, along with the ability to automatically push offers directly to consumers’ smart phones via the Punchcard Mobile App. Pioneering Online 2 Offline (O2O) consumer and merchant solutions in…

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TAS Group and Scil Seek to Take US EMV Migration by Storm

TAS Group, a leader in providing applications for EMV transaction acquiring and authorisation and EMV data preparation, announced a partnership with Scil, the US-based expert EMV payments consultancy and solutions provider to bundle global applications and local capabilities in order to support a wide range of businesses undertaking EMV migration in the United States. The…

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Sungift Implements Layered Tech PCI-Compliant Cloud Hosting

Layered Technologies, a leading global provider of compliant hosting, managed dedicated hosting and cloud computing services, announced that Sungift has chosen Layered Tech’s PCI-DSS managed cloud services to ensure safe and secure online transactions via DonorShare, its new subscription-based, online donation portal. DonorShare gives users a convenient way to locate charities in their area and…

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Sequent Software NFC Joins GlobalPlatform

Sequent Software NFC software has joined GlobalPlatform, standardizing the management of applications related to secure chip technology. Sequent’s membership lets it contribute to specifications that ensure the interoperability of secure contactless services. The company plans to participate in the formation of business requirements and the development of best practices in different industry sectors. Sequent now has the flexibility to support diverse contactless security technologies while rapidly onboarding a variety of issuers, application providers, and their technology partners. Sequent will also now have access to new specifications as they are being developed to efficiently adapt to the latest innovations.

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Bank of New Zealand deploys NCR Predictive Services

NCR Corporation announced the Bank of New Zealand (BNZ) deployed its “Predictive Services” to predict failures before they occur on bank ATM networks. Designed for self-service technologies such as ATMs and retail self-checkouts, “Predictive Services” allows BNZ to reduce the downtime of its ATMs by a third across its 450-strong ATM fleet. The NCR “Predictive Services” collects more than ten times the typical amount of operational data from the network, including from individual components within each ATM, such as the card reader, receipt printer and cash dispenser. NCR “Predictive Services” is deployed in thousands of self-checkout lanes and ATMs around the world.

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Toronto PCI to Host Dialog on PCI-DSS Compliance

PCI Logic and Vigilant are set to hold a conference May 7th to promote collaborative exchange between US and Canadian organizations struggling to achieve PCI compliance. The conference, organized by PCI Logic and endorsed by the Financial Management Institute of Canada, will be held in downtown Toronto and will feature keynote addresses by Kris Herrin, Chief Technology Officer at Heartland Payment Systems and Nick Galleto, National Leader, Information and Technology Risk Services, Deloitte Canada. This will offer representation from credit card companies, consulting organizations, retailers, financial institutions, and a range of organizations whose business requires them to demonstrate the security of credit card transactions.

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