Global Cash Access to Attend Investor Conferences in March

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Global Cash Access Holdings announced that the Company plans to attend the following conferences in March: Today, March 13th, the Company will present at the 24th Annual ROTH Conference at the Ritz-Carlton in Laguna Niguel, CA. The presentation will begin at 5:00pm ET. Investors and interested parties can access this live…

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Streamline and TNS Partner, Offer Merchant Payment Processing

Streamline face card payment processor, is now providing merchants with faster payment processing thanks to secure, authenticated IP connectivity from Transaction Network Services. Streamline is using the TNS “Secure SSL Gateway” for IP POS terminals, to provide authenticated payment exchange between card payment terminals and the Streamline processing platforms. The custom-designed solution offers additional security features beyond the minimum requirements mandated by PCI DSS, to provide a secure high-speed solution that enables Streamline’s merchants to benefit from faster payment processing, shorter queues and costs savings where dedicated dial lines can be removed.

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Synovus Partners Wincor Nixdorf, Upgrades ATMs

Synovus Bank partnered Wincor Nixdorf to invest in 200 new Deposit Automation ATM machines for the Synovus Bank network. With these new touch screen units, customers will be able to deposit up to 50 bills or checks into a single slot in any direction; the imaging technology will instantly present a digital copy of the checks on the screen; and the ATM will calculate and verify the entire deposit amount. The cash portion of any deposit will be immediately available for customer’s use, and they will have the option of receiving text and email receipts of their transactions.

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Moneycorp joins Link ATM scheme

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Link, the UK cash machine network, announced that Moneycorp, the currency specialist, has joined the Link ATM Scheme. Head of Automated Cash Solutions at Moneycorp, Alan Chambers, said: “Making currency accessible to our customers is key and we’re excited to be launching our new sterling and currency dispensing ATMs this year.…

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That’s Still the Way I See It

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] R./K. Hammer company Founder and CEO Bob Hammer is known for writing hundreds of card opinions and research reports, and at last count public records show R.K. Hammer branded materials have been cited 650 times in virtually every major financial card-based publication in the U.S the past two decades. He has…

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PaymentOne Rebrands, Renames

PayOne is what’s formally called PaymentOne, as announced as part of a rebranding of the company that invented “no credit card required” carrier billing for digital commerce more than twelve years ago. PaymentOne becomes PayOne with a new look, a new website and the launch of a new simplified One-Click mobile payments platform designed for the future of global commerce in support of a 360 degree mobile lifestyle. PayOne simplifies mobile payments across all platforms and devices, allowing mobile consumers to securely pay with PayOne’s One-Click checkout and apply charges directly to their monthly mobile bill. PayOne is connected with over 1,000 carriers globally and leverages its deep integrations and patented mobile payment and authentication technology to provide the simplest and most secure mobile payment methods available.

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Green Dot to Acquire Loopt Payments

Green Dot Corporation banking and payment solutions is set to acquire Loopt by the end of the 1Q/12. This will provide Green Dot improved customer acquisition and retention of its current prepaid debit card products, new banking and payment products targeted to new segments of consumers and the opportunity for Green Dot to become a leader in mobile wallets, rewards and payment solutions. Green Dot will pay total consideration of $43.4 million in cash for the company, which includes approximately $9.8 million to be set aside as a retention pool for key Loopt employees.

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First Data Shows February Payment Trends

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] First Data Corporation, a global leader in electronic commerce and payment processing, released its First Data SpendTrend analysis for the full month of February 2012 compared to February 2011. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT cards and checks at U.S. merchant locations. February’s overall year-over-year…

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ABC Mobile Pay Exhibiting Mobile POS Payment Solution

Mobile payments and mobile POS solution provider ABC Mobile Pay, announces their strategic sponsorship at the Advanced Commerce and Mobile Retail Services Summit (RAMP). ABC Mobile Pay (ABC) will be exhibiting their mobile POS payment solution which is designed to revolutionize the customer buying experience in the “Brick & Mortar” retail marketplace. By enabling merchants to easily and quickly access POS features such as inventory access & control and barcode scanning etc. on virtually any mobile device such as an iPod or iPad, retailers can ensure that their customers don’t wait in long, time-consuming check out lines.

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Consumers Hang Onto Payment Cards, Shelve mPayment

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Almost all forecasts which have looked into the subject have found that a majority of new mobile phones sold in the U.S. market are likely to be smartphones in the near future. Sales of these pocket-sized computer devices are growing very rapidly, and as older handsets require replacement, smartphones will be…

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Orbograph Inks 60th Contract for Its Check Recognition

Orbograph recognition solutions in check processing announced its OrboCAR Accura XV check recognition solution- introduced to the market in Dec 2011- has already been purchased by a total of 60 financial institutions, service bureaus and remittance clients. This lets users streamline check processing workflows in a broad range of applications and environments. Orbograph’s 15th anniversary solution, Accura XV, is the new core recognition platform for all of the Orbograph check recognition licensing and Automation Services programs available for centralized and distributed workflows.

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Citi Trends Posts 4Q/11 and Fiscal 2011 Results

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Citi Trends total 4Q/11 sales increased 3.7% to $178.4 million compared with $172.0 million in the quarter ended January 29, 2011. Comparable store sales decreased 6.2% in the fourth quarter. A net loss of $5.3 million was recognized from the year ago net income figure of $9.4 million. The total store…

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