Thursday, July 1, 2010

Introducing ANYwhere Commerce: Card Present Transactions in a Card Not Present World

POSTED BY JOHN B. FRANK THURSDAY, JULY 1, 2010 
For the first time, mobile merchants have the power to LOWER their own Interchange Fees. Our Rover puts YOU in control of your processing costs. (The old-fashioned way...without government interference)


Perfect for Lawyers, Chiropractors, Dentists, Taxis, Plumbers, Electricians, Flea markets, Health Clinics, Farmers Markets, Direct sellers, Mobile kiosks, Food/Pizza Delivery, Insurance, Door to door, Realty, Limousine Service, Pest Control, Lawn-care, Field services, HVAC, General retail, Charities, Marine, Trade shows, Pet Groomers...more


When using one of our two Card Readers with built-in PCI Certified PIN Entry Devices you can securely accept credit, signature debit, PIN Debit and EBT/WIC transactions at "Card Present" rates. While others may offer a card reader, only HomeATM offers a PCI Certified PIN Pad...enabling your business to qualify for TRUE PIN Debit Rates.







Better than the Durbin Amendment!



Works with the following devices:




 





















Read more: http://pindebit.blogspot.com/2010/07/homeatm-introduces-anywherecommercecom.html#ixzz0sS83MrzE


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Emerging Technology Bridges the Gap Between Mobile Providers and Retailers

M-Dot Network Powers a Complete Pathway From Promotion Issuance to Redemption, Audit and Fulfillment of Mobile Coupons



M-Dot Network Digital and Mobile Coupon RedemeptionERIE, PA--(Marketwire - July 1, 2010) -  "The final mile is being built right now," stated Bill Catania, CEO of M-Dot Network, at the recent Mobile Marketing Forum in New York City.



According to Catania, technologies are emerging to bridge the gap between mobile coupon providers and retailers. While traditional retailers have been leery of integrating mobile couponing into their marketing mix, new services called digital incentive networks are ready to support it.
Historically, retailers have often experienced difficulties because their Point of Sale infrastructure has not been developed to support the redemption of digital or mobile coupons. This has slowed the mobile couponing industry, and led to problems like the need to manually integrate with loyalty card programs, the inability to validate offers in real time, fraud, delays and confusion at checkout.
"M-Dot Network will release the industry's very first Point of Sale (POS) base code integrations in July 2010, via two of the leading POS companies," said Catania. The application is seamlessly integrated on POS base code; retailers don't have to create any custom code or integration points whatsoever. "The M-Dot Network is a critical new set of 'rails' for retailers that offer a complete pathway from promotion issuance to redemption, audit and fulfillment of digital offers."
M-Dot Network enables the successful execution of mobile coupon programs from targeting, content creation and delivery to the redemption, settlement and analytics of coupons at the point of sale. M-Dot Network offers a secure, real-time transaction network connecting Mobile and Internet based applications to retail Point of Sale (POS) systems, known as "the final mile" in closing the loop for digital promotions.
According to Catania, the new network will also synergize with shopper card and loyalty programs, which enjoy growing popularity in the retail industry. Plus, no new hardware is required for retailers to access and use the network.
Jeffrey Toewe, EVP of Content at M-Dot Network said, "The entire mobile industry has been extremely limited in its ability to offer truly scalable, redeemable mobile coupons because of POS limitations; we offer the first truly integrated, POS-vendor-supported digital couponing solution. For retailers and marketers alike, this is a significant development."
M-Dot Network, a retail technology company, provides retailers with an enterprise platform to manage their digital coupons and incentives. The M-Dot Network connects retailers, digital coupon issuers and shoppers, eliminating paper coupons, speeding up check-out lines, expediting the reimbursement of coupons to retailers and reducing coupon fraud. M-Dot's digital transaction network provides real-time connectivity between Internet and mobile based technologies to in-store point of sale systems for the purpose of enabling real-time redemption of digital coupons and incentives. The M-Dot Network utilizes existing in-store systems with no need for additional in-store hardware or infrastructure.
For additional information on M-Dot Network:

Kevin Seeker

Email Contact

Web: www.mdotnetwork.com

Lafferty Retail Banking News - July 1st. 2010






1st July 2010


Alarm bells raised over US financial reform

Fears are growing that a sweeping reform package designed to overhaul the US financial system may place 'enormous pressure' on retail banks.    more...

StanChart confirms investment in Chinese bank IPO

Standard Chartered Bank has confirmed that it will invest $500 million in the initial public offering (IPO) of Agricultural Bank of China (ABC).   more...



Siemens applies for bank licence

Engineering company Siemens has applied to the German regulator BaFin for a banking licence.   more...



Crédit Agricole launches iPhone application

Crédit Agricole has launched the first iPhone budget-management application for the French retail banking market.   more...



New Zealand bank reveals merger plan

New Zealand member-owned community bank SBS Bank plans to merge with HBS Building Society.   more...



Regional banks struggle to acquire new customers

Large national banks in the US have outperformed regional banks in terms of acquiring a higher proportion of prospective customers, according to a new survey.   more...



Wells Fargo broadens mobile banking services

US-headquartered Wells Fargo has launched new banking applications for the Android, BlackBerry and Palm mobile devices.   more...
 












Visa Revokes PCI Approval From Ingenico PIN Pads Following Breach

Header










Evan Schuman reports:



In a move that seems to reflect a very different PCI approach coming from Visa, the world's largest card brand has ripped the PCI approval from two Ingenico PIN entry devices (PEDs) after a data breach. What makes this move especially interesting is how it undercuts two strongly held Visa positions, both in terms of publishing the names of vendors whose products are engaged in PCI naughtiness and in its position that no PCI-compliant retailer has ever been breached.



Behind all of this commotion are an increasing number of physical attacks against PEDs, sort of "cloners gone wild." Many of the compromised units are older (a Visa memo said "many are more than 10 years old and were never evaluated by an independent lab or approved by Visa or PCI"), but some were in a Visa pre-PCI phase and some—and here's where things get interesting—had actually been PCI approved. Read more.
















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MoneyGram International Announces Network Expansion in Morocco

Three new agents and 650 new locations for MoneyGram in a growing remittance market
MINNEAPOLIS--(BUSINESS WIRE)--MoneyGram International (NYSE: MGI), a leading global money transfer company announces it has signed three new agents in Morocco that will offer money transfer services under the MoneyGram name. These agents are Credit Immobilier et Hotelier (CIH), MEA Finance / Canal M and WafaCash.
Credit Immobilier et Hotelier, a mortgage lender, will broaden it services to offer money transfer in 150 locations and will introduce MoneyGram to a new set of customers. MEA Finance / Canal M, an experienced money transfer service provider with branches in immigrant neighborhoods, brings 100 locations to the network and WafaCash, a local bank, will strengthen MoneyGram’s network by adding 400 new agent locations across the country. With these new additions, MoneyGram has 2,022 agent locations in Morocco.
http://www.moneygram.com”Morocco is an important and growing remittance market for MoneyGram. We are very pleased to enter into new partnerships that not only allow us to meet customer needs by the kinds of services we provide as well as the proximity to where customers work and live, but will strengthen our brand via their established businesses,” stated Nigel Lee, MoneyGram executive vice president of Europe, Middle East, Africa and Asia Pacific regions.
According to the World Bank, an estimated $6 billion was sent to Morocco in 2009, landing it in the top 20 remittance markets. Countries that send the most money to Morocco include Spain, Italy, France, the United States and Canada.
MoneyGram also signed five-year renewal agreements with Casablanca-based EuroSol and Quick Money/Efloussy, two money transfer providers that have been agents since 2003. MoneyGram, which has had a presence in Morocco since 1998, has a total of eight agents in Morocco. Other agents are Credit du Maroc, Damane Cash and Cash One.
About MoneyGram International
MoneyGram International offers more choices to people separated from family and friends by distance or those with limited bank relationships to meet their financial needs. A leading global payment services company, MoneyGram International helps consumers to pay bills quickly and safely send money around the world with funds arriving at available agent locations in as little as 10 minutes. Its global network is comprised of 200,000 agent locations in more than 190 countries and territories. MoneyGram's convenient and reliable network includes retailers, international post offices and financial institutions. To learn more about money transfer or bill payment at an agent location or online, please visit www.moneygram.com or find us on Facebook.

Contacts

MoneyGram International

Media Contact:

Lori Burzynski, 214-999-7509

lburzynski@moneygram.com
Permalink: http://www.businesswire.com/news/home/20100630005496/en/MoneyGram-International-Announces-Network-Expansion-Morocco

Introducing ANYwhere Commerce: Card Present Transactions in a Card Not Present World

HomeATM Introduces ANYwhereCommerce.com, Card Present Transactions for Merchants on the Go

For the first time, mobile merchants have the power to LOWER their own Interchange Fees. Our Rover puts YOU in control of your processing costs. (The old-fashioned way...without government interference)

Perfect for Lawyers, Chiropractors, Dentists, Taxis, Plumbers, Electricians, Flea markets, Health Clinics, Farmers Markets, Direct sellers, Mobile kiosks, Food/Pizza Delivery, Insurance, Door to door, Realty, Limousine Service, Pest Control, Lawn-care, Field services, HVAC, General retail, Charities, Marine, Trade shows, Pet Groomers...more

When using one of our two Card Readers with built-in PCI Certified PIN Entry Devices you can securely accept credit, signature debit, PIN Debit and EBT/WIC transactions at "Card Present" rates. While others may offer a card reader, only HomeATM offers a PCI Certified PIN Pad...enabling your business to qualify for TRUE PIN Debit Rates.



Better than the Durbin Amendment!

Works with the following devices:


 








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American Express Expands its Relationship with FIS’ NYCE Payments Network

American Express logoImage via Wikipedia


SECAUCUS, N.J.--(BUSINESS WIRE)--NYCE® today announced that American Express Travel Related Services, Inc. is now an issuing participant on the NYCE ATM network. The agreement includes priority routing to NYCE Payments Network, LLC, a leading U.S. electronic payments network and an FIS™ company. FIS is one of the world’s largest providers of banking and payments technology.
“American Express places a premium on facilitating convenient access to cash and account services information, and NYCE has been a strong ally in meeting this need for our customers”
“American Express places a premium on facilitating convenient access to cash and account services information, and NYCE has been a strong ally in meeting this need for our customers,” said Marek Luba, vice president and general manager, American Express Global ATM Services. “This new expanded partnership with NYCE allows American Express to further enhance our operational capabilities and economies of scale.”
http://www.fisglobal.com“NYCE is proud to be a trusted network provider and has a long history of delivering superior service and payment solutions that support the specific needs of our clients and their customers,” said Frank D’Angelo, executive vice president, FIS Payment Solutions Group. “As a leading payments network, NYCE will continue to provide premier cash access services to American Express Cardmembers, including cash advances and withdrawals, at hundreds of thousands ATM locations.”
American Express Company is a leading global payments, network and travel company founded in 1850. American Express Cardmembers can access more than 800,000 ATMs around the world. For more information, visit www.americanexpress.com.
NYCE Payments Network, LLC, an FISTM company, helps its clients grow with innovative new products and strategic alliances that enable them to capitalize on the efficiency, consumer convenience and security of electronic real-time payments. The NYCE Network provides consumers with secure, real-time access to their money, offering hundreds of thousands of ATM locations and millions of point-of-sale locations nationwide. The NYCE Direct Bill Payment service offers cardholders a convenient way to pay bills online in real-time using their deposit accounts. Headquartered in Secaucus, N.J., NYCE Payments Network, LLC, (www.nyce.net) is a wholly owned subsidiary of FIS (NYSE:FIS).
FIS delivers banking and payments technologies to more than 14,000 financial institutions and businesses in over 100 countries worldwide. FIS provides financial institution core processing, and card issuer and transaction processing services, including the NYCE® Network. FIS maintains processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500® Index and consistently holds a leading ranking in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 on a global basis. FIS is listed on the New York Stock Exchange under the “FIS” ticker symbol. For more information about FIS see www.fisglobal.com.
Forward-Looking Statements
This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K and other filings with the Securities and Exchange Commission.

Contacts

FIS

Marcia Danzeisen, 904.854.5083

Senior Vice President

FIS Global Marketing and Communications

marcia.danzeisen@fisglobal.com

or

Mary Waggoner, 904.854.3282

Senior Vice President

FIS Investor Relations

mary.waggoner@fisglobal.com
Permalink: http://www.businesswire.com/news/home/20100630005511/en/American-Express-Expands-Relationship-FIS%E2%80%99-NYCE-Payments


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Doctors Without Borders Introduces Affinity Debit Card Powered by Tempo

SAN MATEO, CA--(Marketwire - July 1, 2010) -  Tempo announced today that Doctors Without Borders/Médecins Sans Frontières (MSF), the international medical humanitarian organization, is offering supporters an affinity debit card powered by Tempo.



Every time the Doctors Without Borders Debit MasterCard® is used to make a purchase, the organization will receive a portion of standard card transaction fees that will help the organization in its efforts to provide urgent medical care to millions of people in nearly 70 countries around the world each year. The cards can be used anywhere Debit MasterCard cards are accepted and also provide cash-back and ATM withdrawal access to the cardholders' existing checking accounts.
"We are excited to launch a program through which people can support Doctors Without Borders with their everyday purchases," said Jennifer Tierney, director of development for Doctors Without Borders-USA. "Contributions like this enable us to provide assistance to people caught in conflict, such as in war-torn Democratic Republic of Congo, and areas hit by natural disasters, including Haiti where Doctors Without Borders has treated close to 100,000 patients since the earthquake of January 12th and is running over 20 medical facilities in and outside the capital, Port-au-Prince."
Tempo technology makes it easy for organizations to offer affinity debit cards and provides a web portal for consumers to apply for and activate cards, as well as track purchases and rewards. The cards are issued by Tempo partner First Bank & Trust of Brookings, SD, part of Fishback Financial Corporation. 
"Tempo's software-as-a-service technology makes it possible to quickly and easily develop affinity debit card programs that allow consumers to leverage their day-to-day debit card purchases into additional income for a worthy organization such as Doctors Without Borders," said Tempo CEO Mike Grossman.
Tempo-enabled debit cards are affinity partner-branded, generate valuable cardholder rewards, and can be used for online and offline purchases and ATM withdrawals. Working with First Bank & Trust, Tempo manages all aspects of card issuance, including risk management, application processing, card fulfillment, authorization and settlement. 
Other non-profits that are offering Tempo-powered affinity debit card programs include the Breast Cancer Fund, Greenpeace, In Defense of Animals, the Manilow Fund for Health and Hope, Surfrider Foundation and World Emergency Relief.
About Doctors Without Borders / Médecins Sans Frontières
Doctors Without Borders / Médecins Sans Frontières (MSF) is an international independent medical humanitarian organization that delivers emergency aid to people affected by armed conflict, epidemics, natural and man-made disasters, and exclusion from health care in nearly 70 countries. The organization was awarded the Nobel Peace Prize in 1999. For more information please visit www.doctorswithoutborders.org.
About Tempo
Tempo is the leader in enabling organizations to quickly and easily offer affinity and co-branded debit cards to their customers, contributors and members. The open loop cards are rewards-based, partner-branded, and linked to the consumer's existing checking account. Tempo provides its affinity partners with a Web-based platform that makes it easy to launch and market co-branded debit programs. The partners benefit by generating new revenue, and building loyalty through the delivery of enhanced cardholder value. Tempo is privately held and is headquartered in San Mateo, CA. For additional information, visit www.tempo.com
These cards are issued by First Bank & Trust, Brookings, SD, pursuant to a license by MasterCard International Incorporated. MasterCard is a registered trademark of MasterCard International Incorporated. First Bank & Trust is a member of the FDIC and part of the Fishback Financial Corporation.


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Heartland Payment Systems Named the Preferred Partner for Payment Solutions by the California Medical Association

http://www.HeartlandPaymentSystems.com

New partnership delivers best-in-class patient payment management solutions to California’s medical community
PRINCETON, N.J.--(BUSINESS WIRE)--The California Medical Association (CMA) is partnering with Heartland Payment Systems® (NYSE: HPY), one of the nation’s largest payments processors, to provide its membership with access to a full suite of payments solutions specifically designed for healthcare practices.
“By partnering with Heartland, we’re empowering our members with proven tools and resources that help streamline administrative duties and enable them to focus on patient care.”
As the CMA’s preferred partner, Heartland provides comprehensive card processing, payroll and check management services that enable practice owners and managers to streamline operations and control costs. Heartland also helps healthcare providers improve their cash flow by minimizing delayed or unpaid patient payments with ConfirmPaySM, a real-time, web-based eligibility verification and payment solution. ConfirmPay is powered by TransEngenTM.
“ConfirmPay brings increased transparency to the point of care. By enabling healthcare providers to verify benefit coverage and determine remaining deductibles in real time, practices can better manage patient receivables and cash flow,” said William Collins, executive director vertical market strategy at Heartland.
The CMA is a state medical association representing 35,000 physicians and is dedicated to promoting the science and art of medicine, protecting public health and bettering the medical profession in California. Through its partnership with Heartland, the CMA is enhancing a key aspect of its pursuit: practice management support.
“Heartland Payment Systems provides California physicians with an easy and effective way to manage payments and financial services,” said Brennan Cassidy, CMA president. “By partnering with Heartland, we’re empowering our members with proven tools and resources that help streamline administrative duties and enable them to focus on patient care.”
Robert Michaels, executive director sales management at Heartland, added, “As our nation transitions to a new healthcare model, it is crucial that medical practice managers have access to the most current payment processing information and technology. Heartland is committed to providing that guidance and delivering cutting-edge technology to keep up with the changing healthcare payments environment.”
For more information about Heartland’s healthcare solutions, visit HeartlandPaymentSystems.com/Healthcare.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), the fifth largest payments processor in the United States, delivers credit/debit/prepaid card processinggift marketing and loyalty programspayroll,check management and related business solutions to more than 250,000 business locations nationwide. A FORTUNE 1000 company, Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. The company is also a leader in the development of end-to-end encryption technology designed to protect cardholder data, rendering it useless to cybercriminals. For more information, please visit HeartlandPaymentSystems.comMerchantBillOfRights.org,CostOfABurger.com and E3secure.com.
About CMA
The California Medical Association represents more than 35,000 physicians in all modes of practice and specialties. CMA is dedicated to the health of all patients in California.

Contacts

Vault Communications

Leanne Scott Brown, 610-455-2742

LBrown@VaultCommunications.com

or

Heartland Payment Systems

Nancy Gross, 888-798-3131 x2202

Nancy.Gross@e-hps.com

or

California Medical Association

Andrew LaMar, 916-551-2881

alamar@cmanet.org
Permalink: http://www.businesswire.com/news/home/20100701005090/en/Heartland-Payment-Systems-Named-Preferred-Partner-Payment

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