Walmart Joins SRPc Board of Directors

Secure Remote Payment Council Adds New Members to Help in the Development of Secure eCommerce and Mobile Payments

Trade Association Focused on Internet and eCommerce Payments Adds Walmart, eBillme, Blyth, Inc. and Net1Virtual Card, Inc. as New Members

WESTWOOD, N.J.--(BUSINESS WIRE)--The Secure Remote Payment Council, a new trade council dedicated to the growth, development and market adoption of secure eCommerce and mobile payment methods launched earlier this year, continues to grow by announcing the addition of four new members. Walmart has joined as a general member and also as a member of the Board of Directors. eBillme, a leading secure online payment solution provider and Net1Virtual Card, Inc., a mobile payments solution company have joined as Associate Members. Blyth, Inc., a leading retailer recognized around the world as a leader in home expressions products, has joined as a Council Member.

“The Secure Remote Payment Council brings together all of the key stakeholders in one place to work together on solving the equation that will allow secure debit payments to grow. Walmart is pleased to become a part of the leadership of the SRPc.”

Membership in the SRPc is open to any entity that does business in the eCommerce and mobile payments areas including: merchants, financial institutions, merchant processors, Issuer processors, payment brand companies, payments authentication hardware providers, payments authentication software providers, and payments consultants.

Other SRPc members include ACCEL/Exchange Network, CardinalCommerce Corporation, Chase Paymentech, Heartland Payment Systems, MagTek, Merchant Advisory Group, SHAZAM, Inc., STAR Debit and ATM Network, SWACHA and TSYS.

“Improving the security, safety and convenience of debit payments by consumers in the eCommerce and mobile payments channels is very important to Walmart,” Mike Cook, vice president and assistant treasurer of Walmart, said. “The Secure Remote Payment Council brings together all of the key stakeholders in one place to work together on solving the equation that will allow secure debit payments to grow. Walmart is pleased to become a part of the leadership of the SRPc.”

“The SRPc is honored to add Walmart, eBillme, Blyth and Net1Virtual Card as members. The diversity of our membership sets us apart from other payments focused trade associations and will be a key factor in helping fulfill our mission of facilitating the growth of secure remote payments,” said Paul Tomasofsky, SRPc president.

About the Secure Remote Payment Council

The Secure Remote Payment (SRPc) is a nonprofit, inter-industry trade association that supports the growth, development and market adoption of debit based internet eCommerce and mobile channel payment methods that meet or exceed the security standards for pinned based card present payments. It will accomplish this by encouraging and supporting those activities that accelerate the implementation, adoption and promotion of these payments. The SRPc’s members include merchants, financial institutions, merchant processors, issuer processors, payment brand companies, payments authentication hardware providers, payments authentication software providers and payments consultants. For additional information, visitwww.SecureRemotePaymentCouncil.org.

Contacts

Secure Remote Payment Council

Paul Tomasofsky, 201-775- 4960

PaulT@SecureRemotePaymentCouncil.org

Permalink: http://www.businesswire.com/news/home/20100406006898/en/Secure-Remote-Payment-Council-Adds-Members-Development

Walmart Joins SRPc Board of Directors

Secure Remote Payment Council Adds New Members to Help in the Development of Secure eCommerce and Mobile Payments

Trade Association Focused on Internet and eCommerce Payments Adds Walmart, eBillme, Blyth, Inc. and Net1Virtual Card, Inc. as New Members

WESTWOOD, N.J.--(BUSINESS WIRE)--The Secure Remote Payment Council, a new trade council dedicated to the growth, development and market adoption of secure eCommerce and mobile payment methods launched earlier this year, continues to grow by announcing the addition of four new members. Walmart has joined as a general member and also as a member of the Board of Directors. eBillme, a leading secure online payment solution provider and Net1Virtual Card, Inc., a mobile payments solution company have joined as Associate Members. Blyth, Inc., a leading retailer recognized around the world as a leader in home expressions products, has joined as a Council Member.

“The Secure Remote Payment Council brings together all of the key stakeholders in one place to work together on solving the equation that will allow secure debit payments to grow. Walmart is pleased to become a part of the leadership of the SRPc.”

Membership in the SRPc is open to any entity that does business in the eCommerce and mobile payments areas including: merchants, financial institutions, merchant processors, Issuer processors, payment brand companies, payments authentication hardware providers, payments authentication software providers, and payments consultants.

Other SRPc members include ACCEL/Exchange Network, CardinalCommerce Corporation, Chase Paymentech, Heartland Payment Systems, MagTek, Merchant Advisory Group, SHAZAM, Inc., STAR Debit and ATM Network, SWACHA and TSYS.

“Improving the security, safety and convenience of debit payments by consumers in the eCommerce and mobile payments channels is very important to Walmart,” Mike Cook, vice president and assistant treasurer of Walmart, said. “The Secure Remote Payment Council brings together all of the key stakeholders in one place to work together on solving the equation that will allow secure debit payments to grow. Walmart is pleased to become a part of the leadership of the SRPc.”

“The SRPc is honored to add Walmart, eBillme, Blyth and Net1Virtual Card as members. The diversity of our membership sets us apart from other payments focused trade associations and will be a key factor in helping fulfill our mission of facilitating the growth of secure remote payments,” said Paul Tomasofsky, SRPc president.

About the Secure Remote Payment Council

The Secure Remote Payment (SRPc) is a nonprofit, inter-industry trade association that supports the growth, development and market adoption of debit based internet eCommerce and mobile channel payment methods that meet or exceed the security standards for pinned based card present payments. It will accomplish this by encouraging and supporting those activities that accelerate the implementation, adoption and promotion of these payments. The SRPc’s members include merchants, financial institutions, merchant processors, issuer processors, payment brand companies, payments authentication hardware providers, payments authentication software providers and payments consultants. For additional information, visitwww.SecureRemotePaymentCouncil.org.

Contacts

Secure Remote Payment Council

Paul Tomasofsky, 201-775- 4960

PaulT@SecureRemotePaymentCouncil.org

Permalink: http://www.businesswire.com/news/home/20100406006898/en/Secure-Remote-Payment-Council-Adds-Members-Development

Interview with Bob Russo, GM PCI Council on End to End Encryption Guidance

The PCI Security Standards Council is studying a number of emerging technologies and plans to issue a guidance document on end-to-end encryption when it releases the next version of the PCI Data Security Standards (PCI DSS), due out in October. Bob Russo, general manager of the PCI Council, said researchers are preparing documentation on what he calls the latest industry "big buzz word." Other technologies being studied include the use of tokenization and chip and PIN technologies to protect credit card data and how virtualization affects data protection technologies. In this interview, conducted at the recent 2010 RSA Security Conference, Russo explains whether the next version of PCI DSS will have any major changes and why the Council takes a cautious approach to adding changes to the standard.



In 2009 there were no changes made to the PCI Data Security Standards. How would you characterize the year for the payment industry, given the massive breach at Heartland Payment Systems Inc. and the down economy?



Bob Russo: In 2009 we were seeing a lot of uptake on the standard. Since it's a global standard, we're seeing it throughout the world. We're doing lots of training and lots of awareness-type seminars for literally every place around the world. All of our training is pretty much sold out. This year we've had to add training sessions so people can understand what the standard is and get better prepared for an assessment. So overall 2009 was a very good year for the Council, but 2010 is a very busy year for us. We're releasing three standards this year in eight different languages, so we're working hard.

Bob Russo

The PCI Security Standards Council recently undertook a study examining emerging technologies that could be used in future versions of the standard. Can you talk about some of those technologies that we may see in the future?



Russo: We're studying a couple [of technologies] right now to give additional guidance on them hopefully this year when we release the standard. Chip (chip and PIN) [is being studied] as an initial technology, because chip is a mature technology. There's a lot known about the technology. We have a lot of experience with it outside the United States, so we're looking at chip and we're actually mapping how chip would compare with the standard. We certainly don't think that there's a silver bullet in any of these technologies, whether it is chip and PIN, end-to-end encryption as the buzz word goes, tokenization or anything of that nature. The second [technology being studied] will be some form of encryption. I don't like the term end-to-end encryption. Whether it is point-to-point encryption, account data encryption or transaction-based encryption, whatever it ends up being, we will be mapping that as well. Then we'll be moving on to other technologies including tokenization and virtualization.  We're creating a framework right now where we map these technologies out and lay them next to the standards, so if somebody is using one of these technologies, [the framework] will let them know if they would satisfy certain requirements.





The standard is due for a revision in 2010. Can you give merchants an idea of what may be addressed?





Russo: At this point we're going through a ton of feedback. Our feedback analysis closes at the end of April. We're finding this feedback fits into three categories: additional guidance, clarifications and then these emerging trends or emerging requirements. With a couple of thousand pieces of feedback that we're looking through, there's conflicting types of things there. We have conflicting opinions on what certain things should be. … The biggest thing that will affect the standard going forward is: how to best protect the data and then how much will this cost a merchant, the return on investment and whether there's anything that changes fundamentally the way the merchant actually will have to comply with the standard in the way they do business. If there's something that changes fundamentally the way they do business, certainly we can't put that in initially and have people go out of compliance. In some cases that would have to be a best practice for a certain period of time. In the last version of the standard, requirement 6.6 was a best practice for 18 months, so people had the opportunity to back into it because it was a big change in the way they complied. It's still too early to tell if this will be a version 2 or a version 1.3.



After the Heartland breach, there's been a push for end-to-end encryption, not only from Heartland but from other payment processors. Is that something the council will look at?



Russo: With end-to-end encryption one of the questions we have is: From what end to what end? That's an issue. It's a very big buzz word. There are no standards yet for this type of encryption and how the keys are handled. In many cases you can end up making things less secure based on how you do this. You mentioned Heartland's [E3 product], that's one solution. There are probably a dozen solutions out there. Do they talk to each other? Are they interoperable? What if a merchant is using more than one? These are things that will have to be considered when looking at this. What we'll be studying is an encryption solution and the minimum level of things that need to be done with an encryption solution. Once we've got that we'll put out some guidance, probably nothing specific within the standard. The standard won't change, but there will be guidance based on using these things.



Tokenization is also making its way in some encryption products. Can that make its way in the next version of the standard?



Russo: Certainly [tokenization] guidance could make its way in. I don't see us requiring any kind of tokenization, end-to-end encryption or chip technology in this version, but certainly [we will issue] guidance on these things. If a merchant has already started down a path and spent some dollars on one technology, certainly it would not be in our best interest to say "you chose the wrong technology now you need to use this technology." So there will be guidance on each one of these things that we roll out.

• Full Disk Encryption Software Not Used In Breached John Muir Health Laptops (alertboot.com)


• Hardware Faceoff: iPad vs. Netbook (mashable.com)


• UK firms ignore encryption (newstatesman.com)


• Laptop Encryption Software: US Dept Of Justice Criminal Division Falls Short In Protecting Laptops (alertboot.com)

Interview with Bob Russo, GM PCI Council on End to End Encryption Guidance

The PCI Security Standards Council is studying a number of emerging technologies and plans to issue a guidance document on end-to-end encryption when it releases the next version of the PCI Data Security Standards (PCI DSS), due out in October. Bob Russo, general manager of the PCI Council, said researchers are preparing documentation on what he calls the latest industry "big buzz word." Other technologies being studied include the use of tokenization and chip and PIN technologies to protect credit card data and how virtualization affects data protection technologies. In this interview, conducted at the recent 2010 RSA Security Conference, Russo explains whether the next version of PCI DSS will have any major changes and why the Council takes a cautious approach to adding changes to the standard.



In 2009 there were no changes made to the PCI Data Security Standards. How would you characterize the year for the payment industry, given the massive breach at Heartland Payment Systems Inc. and the down economy?



Bob Russo: In 2009 we were seeing a lot of uptake on the standard. Since it's a global standard, we're seeing it throughout the world. We're doing lots of training and lots of awareness-type seminars for literally every place around the world. All of our training is pretty much sold out. This year we've had to add training sessions so people can understand what the standard is and get better prepared for an assessment. So overall 2009 was a very good year for the Council, but 2010 is a very busy year for us. We're releasing three standards this year in eight different languages, so we're working hard.

Bob Russo

The PCI Security Standards Council recently undertook a study examining emerging technologies that could be used in future versions of the standard. Can you talk about some of those technologies that we may see in the future?



Russo: We're studying a couple [of technologies] right now to give additional guidance on them hopefully this year when we release the standard. Chip (chip and PIN) [is being studied] as an initial technology, because chip is a mature technology. There's a lot known about the technology. We have a lot of experience with it outside the United States, so we're looking at chip and we're actually mapping how chip would compare with the standard. We certainly don't think that there's a silver bullet in any of these technologies, whether it is chip and PIN, end-to-end encryption as the buzz word goes, tokenization or anything of that nature. The second [technology being studied] will be some form of encryption. I don't like the term end-to-end encryption. Whether it is point-to-point encryption, account data encryption or transaction-based encryption, whatever it ends up being, we will be mapping that as well. Then we'll be moving on to other technologies including tokenization and virtualization.  We're creating a framework right now where we map these technologies out and lay them next to the standards, so if somebody is using one of these technologies, [the framework] will let them know if they would satisfy certain requirements.





The standard is due for a revision in 2010. Can you give merchants an idea of what may be addressed?





Russo: At this point we're going through a ton of feedback. Our feedback analysis closes at the end of April. We're finding this feedback fits into three categories: additional guidance, clarifications and then these emerging trends or emerging requirements. With a couple of thousand pieces of feedback that we're looking through, there's conflicting types of things there. We have conflicting opinions on what certain things should be. … The biggest thing that will affect the standard going forward is: how to best protect the data and then how much will this cost a merchant, the return on investment and whether there's anything that changes fundamentally the way the merchant actually will have to comply with the standard in the way they do business. If there's something that changes fundamentally the way they do business, certainly we can't put that in initially and have people go out of compliance. In some cases that would have to be a best practice for a certain period of time. In the last version of the standard, requirement 6.6 was a best practice for 18 months, so people had the opportunity to back into it because it was a big change in the way they complied. It's still too early to tell if this will be a version 2 or a version 1.3.



After the Heartland breach, there's been a push for end-to-end encryption, not only from Heartland but from other payment processors. Is that something the council will look at?



Russo: With end-to-end encryption one of the questions we have is: From what end to what end? That's an issue. It's a very big buzz word. There are no standards yet for this type of encryption and how the keys are handled. In many cases you can end up making things less secure based on how you do this. You mentioned Heartland's [E3 product], that's one solution. There are probably a dozen solutions out there. Do they talk to each other? Are they interoperable? What if a merchant is using more than one? These are things that will have to be considered when looking at this. What we'll be studying is an encryption solution and the minimum level of things that need to be done with an encryption solution. Once we've got that we'll put out some guidance, probably nothing specific within the standard. The standard won't change, but there will be guidance based on using these things.



Tokenization is also making its way in some encryption products. Can that make its way in the next version of the standard?



Russo: Certainly [tokenization] guidance could make its way in. I don't see us requiring any kind of tokenization, end-to-end encryption or chip technology in this version, but certainly [we will issue] guidance on these things. If a merchant has already started down a path and spent some dollars on one technology, certainly it would not be in our best interest to say "you chose the wrong technology now you need to use this technology." So there will be guidance on each one of these things that we roll out.

• Full Disk Encryption Software Not Used In Breached John Muir Health Laptops (alertboot.com)


• Hardware Faceoff: iPad vs. Netbook (mashable.com)


• UK firms ignore encryption (newstatesman.com)


• Laptop Encryption Software: US Dept Of Justice Criminal Division Falls Short In Protecting Laptops (alertboot.com)

(IN)SECURE Magazine Issue 25 Released Today

Click Here to View Issue 25

(IN)SECURE Magazine is a free digital security publication discussing some of the hottest information security topics. Issue 25 has been released today.



Table of contents

The changing face of penetration testing: Evolve or die!

Review: SmartSwipe

Unusual SQL injection vulnerabilities and how to exploit them

Take note of new data notification rules

RSA Conference 2010 coverage

Corporate monitoring: Addressing security, privacy, and temptation in the workplace

Cloud computing and recovery, not just backup

EJBCA: Make your own certificate authority

Advanced attack detection using OSSIM



AND MORE!

(IN)SECURE Magazine Issue 25 Released Today

Click Here to View Issue 25

(IN)SECURE Magazine is a free digital security publication discussing some of the hottest information security topics. Issue 25 has been released today.



Table of contents

The changing face of penetration testing: Evolve or die!

Review: SmartSwipe

Unusual SQL injection vulnerabilities and how to exploit them

Take note of new data notification rules

RSA Conference 2010 coverage

Corporate monitoring: Addressing security, privacy, and temptation in the workplace

Cloud computing and recovery, not just backup

EJBCA: Make your own certificate authority

Advanced attack detection using OSSIM



AND MORE!

Card Evolution Summit from PaymentsSource Registration Open

 

Registration is Open!



Don’t hesitate, make your decision now to join us September 20-22, 2010 for the best advanced payments and security technology event available!

Super Incentive - Register Now and Get an Extra $100 off Early Bird!

Call Arthur Glavas for best rates at 212-803-6595.

Register Now

The Card Evolution Summit is the definitive forum for networking and information-sharing among major innovators, system integrators, industry reps and consultants from around the world. Card Evolution Summit, formerly CTST, enters the 2010 marketplace with a refreshed look, a streamlined focus on education and agenda, while continuing to bring you best-of-breed vendors, seasoned veteran consultants and thought-provoking speakers.

Agenda Highlights:

Cards & Payments Technology

• Trends in new Card Technologies


• New Chip Technologies


• NFC and Phone-Based Technology


• EPC Deployment, NFC Specs for Smartphones


• Going Green with Card Manufacturing


• Healthcare ID Cards


• Mag Stripe Update

Security & Identity

• Next steps for security


• Identity Management and Smart Card Intersection


• Data Security


• Standards and Regulations Update


• Government-Issued RFID


• NFC and Smart Stickers


• Web-Based Authentication


• Cryptology and Biometrics


• Smart Credentials/Secure ID Credentialing

Mobile & Contactless

• Convergence of personal mobile devices


• Contactless Payments


• Mobile Banking Security


• The Future of Card Payments, Chip, PIN and Mag Stripe


• The IT of Prepaid Applications


• Manufactures’ Update

Who Should Attend:

Senior management and Information technology professionals in the cards, technology and manufacturing industries.

---

Interested in Sponsoring?Call Dan Rubinetti at 917-294-9517 or via e-mail drubinetti@tuesdaymedia.net.

Card Evolution Summit from PaymentsSource Registration Open

 

Registration is Open!



Don’t hesitate, make your decision now to join us September 20-22, 2010 for the best advanced payments and security technology event available!

Super Incentive - Register Now and Get an Extra $100 off Early Bird!

Call Arthur Glavas for best rates at 212-803-6595.

Register Now

The Card Evolution Summit is the definitive forum for networking and information-sharing among major innovators, system integrators, industry reps and consultants from around the world. Card Evolution Summit, formerly CTST, enters the 2010 marketplace with a refreshed look, a streamlined focus on education and agenda, while continuing to bring you best-of-breed vendors, seasoned veteran consultants and thought-provoking speakers.

Agenda Highlights:

Cards & Payments Technology

• Trends in new Card Technologies


• New Chip Technologies


• NFC and Phone-Based Technology


• EPC Deployment, NFC Specs for Smartphones


• Going Green with Card Manufacturing


• Healthcare ID Cards


• Mag Stripe Update

Security & Identity

• Next steps for security


• Identity Management and Smart Card Intersection


• Data Security


• Standards and Regulations Update


• Government-Issued RFID


• NFC and Smart Stickers


• Web-Based Authentication


• Cryptology and Biometrics


• Smart Credentials/Secure ID Credentialing

Mobile & Contactless

• Convergence of personal mobile devices


• Contactless Payments


• Mobile Banking Security


• The Future of Card Payments, Chip, PIN and Mag Stripe


• The IT of Prepaid Applications


• Manufactures’ Update

Who Should Attend:

Senior management and Information technology professionals in the cards, technology and manufacturing industries.

---

Interested in Sponsoring?Call Dan Rubinetti at 917-294-9517 or via e-mail drubinetti@tuesdaymedia.net.

Mobile Banking Online Agenda Available

 

Online agenda is available . View the agenda now.

The agenda for the Fourth Annual Mobile Banking & Emerging Applications Summit is now available. Don't miss this chance to hear from senior executives from US Bancorp, Bank of the West, USAA and others at the M Resort in Las Vegas, June 6-8, 2010.

Register now while we have the best rates available! Save an extra $100 off the early bird rate with promo code SAVE100 Banks/Financial Institutions will pay $895 & All Others $1,095 Register NOW - [offer expires 4/9/10]

Recommended Sessions:

>>INNOVATING IN A WORLD GONE MOBILE
Keynote presenter:
Pamela A. Joseph, Vice Chairman, Payment Services, U.S. BANCORP

Capturing the loyalty of a highly-mobile customer can often feel like pinning down a cloud. So how do you innovate in this dynamic and rewarding space? U.S. Bank executives Pamela Joseph, Howell (Mac) McCullough and Dominic Venturo will take their audience on a tour of the trials and triumphs that financial institutions have faced in the mobile space, describe what they’ve learned and the choices that lie ahead as companies decide which path of innovation they will choose to follow next. Is there a typical mobile banking customer? Will your organization be best served by a product strategy or a segment strategy? What core banking capabilities should be delivered with a mobile application? What impact will payments have on mobile banking adoption and usage? Don’t expect all the answers – but be ready to shake up how you think about your mobile customer.


---

>>BEYOND BANKING: THE NEXT GENERATION OF MOBILE FINANCIAL SERVICES
Presenter: Jeff Dennes, Executive Director, Mobile & Money Movement, USAA
USAA remains at the forefront of mobile financial services, having already rolled out remote deposit capture (RDC) and applications for the iPhone, Google Android and Blackberry, a personal financial management tool, and tax advice.  Plans won’t stop there. As devices become more advanced, opportunities for more sophisticated and easy to use services become available to the customer.  What’s next for USAA?  And as momentum in mobile financial services picks up, how can the industry continue to move forward?

View the full agenda online.

---

Register Early & Save

Pre-register online today or call Joe Frega at 212-803-8348. Use promo code SAVE100 and save an extra $100 off the early bird rate! Early incentive offer expires 4/9/10. Reserve your seat now and the attend industry's most credible conference dedicated to bringing together the various constituencies in the mobile financial services value chain, including banks, payment networks and processors, manufacturers, retailers, mobile vendors and service providers. Join us June 6-8 at the M Resort in Las Vegas, Nevada.

Reduce Your Travel Expenses

Reserve your room early to receive the exclusive attendee discount at the M Resort and Casino. Be sure to mention that you are a Mobile Banking Emerging & Summit participant. Hotel rooms are going very fast! Book your hotel room early and save. Go here for travel details.

JetBlue provides a great discount-no matter where you are jetting from! Relax and stretch out before and after you hit the floor at M RESORT - you can now enjoy JetBlue's award-winning service and roomy leather seats for less! Book now and save 5% on our lowest fare. Simply use the promo code MOBILE2010 when booking on jetblue.com/promo.

Build Your Mobile Network

Connect with past attendees and other mobile banking professionals via our LinkedIn® Group. This is your chance to network and exchange valuable insight both before and after the event!

We look forward to seeing you and your colleagues this June in Las Vegas.

 

---

  Presented by:         



Fourth Annual Mobile Banking & Emerging Applications Summit

June 6 – 8, 2010

M Resort Casino & Spa | Las Vegas, NV

Mobile Banking Online Agenda Available

 

Online agenda is available . View the agenda now.

The agenda for the Fourth Annual Mobile Banking & Emerging Applications Summit is now available. Don't miss this chance to hear from senior executives from US Bancorp, Bank of the West, USAA and others at the M Resort in Las Vegas, June 6-8, 2010.

Register now while we have the best rates available! Save an extra $100 off the early bird rate with promo code SAVE100 Banks/Financial Institutions will pay $895 & All Others $1,095 Register NOW - [offer expires 4/9/10]

Recommended Sessions:

>>INNOVATING IN A WORLD GONE MOBILE
Keynote presenter:
Pamela A. Joseph, Vice Chairman, Payment Services, U.S. BANCORP

Capturing the loyalty of a highly-mobile customer can often feel like pinning down a cloud. So how do you innovate in this dynamic and rewarding space? U.S. Bank executives Pamela Joseph, Howell (Mac) McCullough and Dominic Venturo will take their audience on a tour of the trials and triumphs that financial institutions have faced in the mobile space, describe what they’ve learned and the choices that lie ahead as companies decide which path of innovation they will choose to follow next. Is there a typical mobile banking customer? Will your organization be best served by a product strategy or a segment strategy? What core banking capabilities should be delivered with a mobile application? What impact will payments have on mobile banking adoption and usage? Don’t expect all the answers – but be ready to shake up how you think about your mobile customer.


---

>>BEYOND BANKING: THE NEXT GENERATION OF MOBILE FINANCIAL SERVICES
Presenter: Jeff Dennes, Executive Director, Mobile & Money Movement, USAA
USAA remains at the forefront of mobile financial services, having already rolled out remote deposit capture (RDC) and applications for the iPhone, Google Android and Blackberry, a personal financial management tool, and tax advice.  Plans won’t stop there. As devices become more advanced, opportunities for more sophisticated and easy to use services become available to the customer.  What’s next for USAA?  And as momentum in mobile financial services picks up, how can the industry continue to move forward?

View the full agenda online.

---

Register Early & Save

Pre-register online today or call Joe Frega at 212-803-8348. Use promo code SAVE100 and save an extra $100 off the early bird rate! Early incentive offer expires 4/9/10. Reserve your seat now and the attend industry's most credible conference dedicated to bringing together the various constituencies in the mobile financial services value chain, including banks, payment networks and processors, manufacturers, retailers, mobile vendors and service providers. Join us June 6-8 at the M Resort in Las Vegas, Nevada.

Reduce Your Travel Expenses

Reserve your room early to receive the exclusive attendee discount at the M Resort and Casino. Be sure to mention that you are a Mobile Banking Emerging & Summit participant. Hotel rooms are going very fast! Book your hotel room early and save. Go here for travel details.

JetBlue provides a great discount-no matter where you are jetting from! Relax and stretch out before and after you hit the floor at M RESORT - you can now enjoy JetBlue's award-winning service and roomy leather seats for less! Book now and save 5% on our lowest fare. Simply use the promo code MOBILE2010 when booking on jetblue.com/promo.

Build Your Mobile Network

Connect with past attendees and other mobile banking professionals via our LinkedIn® Group. This is your chance to network and exchange valuable insight both before and after the event!

We look forward to seeing you and your colleagues this June in Las Vegas.

 

---

  Presented by:         



Fourth Annual Mobile Banking & Emerging Applications Summit

June 6 – 8, 2010

M Resort Casino & Spa | Las Vegas, NV

ISO Program for Internet Card Not Present Processing

Acculynk Announces ISO Program for Internet Card Not Present Processing

Complete card acceptance program plus Acculynk's Internet PIN debit solution provides unique opportunity for ISOs

Atlanta, GA (PRWEB) April 7, 2010 -- Acculynk, the first provider of a software-only service for Internet PIN debit payments, PaySecure, has extended its product line to include online card processing and Internet PIN debit available for resale through Independent Sales Organizations (ISOs).



Acculynk (booth #1112, ETA, April 13th-15th) has introduced a new payments platform, PaySecure Plus, which includes credit card and signature debit processing, plus offers the added benefit of processing Internet PIN debit transactions through PaySecure.



“Online merchants are looking at non-traditional payment providers for alternative payment types,” said Tom Wilkerson, VP of Business Development. “PaySecure allows the ISO community to leverage Acculynk’s leading alternative card-based, bank-sponsored payment type to generate new business.”



Acculynk introduced PaySecure in March 2009, and has since partnered with 7 EFT networks to process Internet PIN debit transactions; the company has 1,000+ unique websites that are enabled with PaySecure.



“ISOs drive significant card volume and value, but very little innovation has occurred in the last five years in this important channel,” said Wilkerson. “Acculynk is extending its reach by giving the ISO community the ability to offer a highly differentiated product in a very competitive and commoditized marketplace.”



The success of PaySecure, coupled with feedback from merchants, was an impetus to expand the company’s business model to card processing.



“Merchants are seeking a single provider for all card-based payment types,” said Wilkerson. “PaySecure Plus is a secure payments platform that also includes Internet PIN debit and offers the greatest value to merchants through reduced fees, lower charge-backs and fraud, and immediate consumer adoption.”



Acculynk’s card processing services include acceptance of all major credit and debit cards, a full-service ISO and merchant support organization, and competitive rates and margins. Stop by Acculynk’s booth, #1112, at the upcoming Electronic Transaction Association’s (ETA) 2010 Annual Meeting and Expo, April 13th-15th, in Las Vegas.



About Acculynk

Acculynk secures online transactions with a suite of software-only services that are backed by a powerful encryption and authentication framework protected by a family of issued and pending patents. Acculynk’s services provide greater security, reliability, convenience and return on investment for consumers, merchants, networks, issuers and acquirers. For more information, visit http://www.acculynk.com.



Acculynk Media Contact

CONTACT: Danielle Duclos, Director of Marketing, 678.894.7013, press(at)acculynk(dot)com



Acculynk Sales Contact

CONTACT: Tom Wilkerson, VP of Business Development, 678.894.7012, sales(at)acculynk(dot)com

###

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ISO Program for Internet Card Not Present Processing

Acculynk Announces ISO Program for Internet Card Not Present Processing

Complete card acceptance program plus Acculynk's Internet PIN debit solution provides unique opportunity for ISOs

Atlanta, GA (PRWEB) April 7, 2010 -- Acculynk, the first provider of a software-only service for Internet PIN debit payments, PaySecure, has extended its product line to include online card processing and Internet PIN debit available for resale through Independent Sales Organizations (ISOs).



Acculynk (booth #1112, ETA, April 13th-15th) has introduced a new payments platform, PaySecure Plus, which includes credit card and signature debit processing, plus offers the added benefit of processing Internet PIN debit transactions through PaySecure.



“Online merchants are looking at non-traditional payment providers for alternative payment types,” said Tom Wilkerson, VP of Business Development. “PaySecure allows the ISO community to leverage Acculynk’s leading alternative card-based, bank-sponsored payment type to generate new business.”



Acculynk introduced PaySecure in March 2009, and has since partnered with 7 EFT networks to process Internet PIN debit transactions; the company has 1,000+ unique websites that are enabled with PaySecure.



“ISOs drive significant card volume and value, but very little innovation has occurred in the last five years in this important channel,” said Wilkerson. “Acculynk is extending its reach by giving the ISO community the ability to offer a highly differentiated product in a very competitive and commoditized marketplace.”



The success of PaySecure, coupled with feedback from merchants, was an impetus to expand the company’s business model to card processing.



“Merchants are seeking a single provider for all card-based payment types,” said Wilkerson. “PaySecure Plus is a secure payments platform that also includes Internet PIN debit and offers the greatest value to merchants through reduced fees, lower charge-backs and fraud, and immediate consumer adoption.”



Acculynk’s card processing services include acceptance of all major credit and debit cards, a full-service ISO and merchant support organization, and competitive rates and margins. Stop by Acculynk’s booth, #1112, at the upcoming Electronic Transaction Association’s (ETA) 2010 Annual Meeting and Expo, April 13th-15th, in Las Vegas.



About Acculynk

Acculynk secures online transactions with a suite of software-only services that are backed by a powerful encryption and authentication framework protected by a family of issued and pending patents. Acculynk’s services provide greater security, reliability, convenience and return on investment for consumers, merchants, networks, issuers and acquirers. For more information, visit http://www.acculynk.com.



Acculynk Media Contact

CONTACT: Danielle Duclos, Director of Marketing, 678.894.7013, press(at)acculynk(dot)com



Acculynk Sales Contact

CONTACT: Tom Wilkerson, VP of Business Development, 678.894.7012, sales(at)acculynk(dot)com

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Alternative Payment Agent Program for ISO's Introduced

2000Charge (www.2000Charge.com), the leader in Alternative Payment Solutions, announced the launch of their innovative agent program, Agent2k Powered by 2000Charge (www.Agent2k.net), which enables agents to tap into the ever-growing global alternative payment marketplace.



2000Charge, who has earned an exemplary reputation as a top-tier alternative payment processor, is now for the first time opening their doors to a new wave of payment agents with their powerful sales program Agent2k. The program expands opportunities for agents interested in marketing their innovative processing products to merchants globally.



Agents can earn large payouts by offering alternative payment products to their existing clients and immediately recognize new revenue streams of up to 20%. In addition to the new revenue generated from the global alternative payment products and higher margins, agents increase the amount of accounts signed on by offering clients an alternative to traditional online payments.



"We are very excited to be the first to offer a service like Agent2k," said Wolf Kring, CEO of 2000Charge. "Expanding the earning capacity of our clients through innovative processing solutions is what our entire company is built upon. Our products are perfect for any ISO seeking to sign up more accounts or retain existing clients by providing a complete array of alternative global payment solutions for their customers."



The Agent2k Powered by 2000Charge program will be showcased at the upcoming Electronic Transactions Association (ETA) tradeshow in Las Vegas from April 13th to 15th, 2010. Visit the 2000Charge team at booth#254 or take the opportunity to schedule a meeting during the show to view complete product demonstrations that show the many ways in which 2000Charge is moving their entire electronic payment processing approach forward in 2010.



Processing over a dozen alternative payment methods including ACH and EUDebit enables 2000Charge merchants to quickly and easily expand their billing capabilities online. The result is an increase in revenue for the merchant and for the Agent2k as well.



Visit the www.Agent2k.net website to learn how reselling a fantastic portfolio of global alternative payment products can easily translate into recurring revenue streams and stable sales growth for years to come. Contactsales@agent2k.net or call (800) 466-1481 at your earliest convenience to schedule your appointment with the true leader in alternative payment solutions.

Alternative Payment Agent Program for ISO's Introduced

2000Charge (www.2000Charge.com), the leader in Alternative Payment Solutions, announced the launch of their innovative agent program, Agent2k Powered by 2000Charge (www.Agent2k.net), which enables agents to tap into the ever-growing global alternative payment marketplace.



2000Charge, who has earned an exemplary reputation as a top-tier alternative payment processor, is now for the first time opening their doors to a new wave of payment agents with their powerful sales program Agent2k. The program expands opportunities for agents interested in marketing their innovative processing products to merchants globally.



Agents can earn large payouts by offering alternative payment products to their existing clients and immediately recognize new revenue streams of up to 20%. In addition to the new revenue generated from the global alternative payment products and higher margins, agents increase the amount of accounts signed on by offering clients an alternative to traditional online payments.



"We are very excited to be the first to offer a service like Agent2k," said Wolf Kring, CEO of 2000Charge. "Expanding the earning capacity of our clients through innovative processing solutions is what our entire company is built upon. Our products are perfect for any ISO seeking to sign up more accounts or retain existing clients by providing a complete array of alternative global payment solutions for their customers."



The Agent2k Powered by 2000Charge program will be showcased at the upcoming Electronic Transactions Association (ETA) tradeshow in Las Vegas from April 13th to 15th, 2010. Visit the 2000Charge team at booth#254 or take the opportunity to schedule a meeting during the show to view complete product demonstrations that show the many ways in which 2000Charge is moving their entire electronic payment processing approach forward in 2010.



Processing over a dozen alternative payment methods including ACH and EUDebit enables 2000Charge merchants to quickly and easily expand their billing capabilities online. The result is an increase in revenue for the merchant and for the Agent2k as well.



Visit the www.Agent2k.net website to learn how reselling a fantastic portfolio of global alternative payment products can easily translate into recurring revenue streams and stable sales growth for years to come. Contactsales@agent2k.net or call (800) 466-1481 at your earliest convenience to schedule your appointment with the true leader in alternative payment solutions.

Terrible Year for Cards Unit Says Chase CEO

JP Morgan Chase Tower in Houston, Texas

Chase CEO: 2009 Was ‘A Terrible Year' For Cards Unit

Implementing provisions of the Credit Card Accountability, Responsibility and Disclosure Act will cost JPMorgan Chase & Co. $500 million to $750 million this year, Chase CEO Jamie Dimon said last week in his annual letter to shareholders.



See Related Articles below: Jamie Dimon gets $16 million stock bonus for 2009





Calling the last two years "among the most extraordinary and challenging" in the company's recent history, Dimon outlined recent setbacks in its Card Services unit and additional challenges facing the operation.



Noting legislators enacted the Credit CARD Act in response to certain practices considered not consumer friendly, Dimon said many of the act's provisions were "completely appropriate." However, preparations for the law going fully into effect Feb. 22 hurt earnings last year and will further cramp Chase's earnings this year, he said. Read More >>

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Terrible Year for Cards Unit Says Chase CEO

JP Morgan Chase Tower in Houston, Texas

Chase CEO: 2009 Was ‘A Terrible Year' For Cards Unit

Implementing provisions of the Credit Card Accountability, Responsibility and Disclosure Act will cost JPMorgan Chase & Co. $500 million to $750 million this year, Chase CEO Jamie Dimon said last week in his annual letter to shareholders.



See Related Articles below: Jamie Dimon gets $16 million stock bonus for 2009





Calling the last two years "among the most extraordinary and challenging" in the company's recent history, Dimon outlined recent setbacks in its Card Services unit and additional challenges facing the operation.



Noting legislators enacted the Credit CARD Act in response to certain practices considered not consumer friendly, Dimon said many of the act's provisions were "completely appropriate." However, preparations for the law going fully into effect Feb. 22 hurt earnings last year and will further cramp Chase's earnings this year, he said. Read More >>

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• Jamie Dimon calls for an end to blaming banks (telegraph.co.uk)


• JPMorgan Chase CEO says bank could raise dividend (seattletimes.nwsource.com)


• JPMorgan CEO Dimon gets $16M stock bonus for 2009 (seattletimes.nwsource.com)