Todays Headlines

Radiant Systems Announces Launch of Real-time Alerting Tool for the Retail Industry

CounterPoint SmartAlerts™ provides retailers concise, actionable data on store activities via mobile technologyATLANTA--(BUSINESS WIRE)--Radiant Systems, Inc. (Nasdaq: RADS) today announced that it has launched CounterPoint SmartAlerts™, a powerful new tool within its CounterPoint retail product suite that helps retailers monitor activities within each of their stores by receiving timely alerts via SMS text and e-mail. SmartAlerts...

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POSTED BY JOHN B. FRANK WEDNESDAY, JUNE 23, 2010

Restaurant Association Metropolitan Washington Selects Heartland Payment Systems® as Exclusive Endorsed Provider of Payment Solutions

Washington DC-area restaurateurs to benefit from industry-leading payment technologiesPRINCETON, N.J.--(BUSINESS WIRE)--Heartland Payment Systems (NYSE: HPY), one of the nation’s largest payments processors, has been named the Restaurant Association Metropolitan Washington’s (RAMW) exclusive endorsed provider of card processing, gift marketing and check management services. These industry-leading payment solutions are part of the suite...

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POSTED BY JOHN B. FRANK

RBS WorldPay Enlists GDS Link to Enhance Portfolio Segmentation Among Diverse Clientele

Technology to detect anomalies in merchant activity, mitigate pre-mature riskDALLAS--(BUSINESS WIRE)--GDS Link, a global provider of customer-centric risk management and process automation solutions, has been selected by RBS WorldPay to incorporate its flexible decisioning technology for better portfolio segmentation and merchant fraud identification.“Accounting for emerging fraud trends and patterns is an absolute in our industry”Enlisting...

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POSTED BY JOHN B. FRANK

Bling Nation Adds Pacific Region General Manager to Executive Team

New executive to serve as company liaison between business and financial institutionsPALO ALTO, Calif.--(BUSINESS WIRE)--Bling Nation, a provider of mobile payment services that connects financial institutions, businesses and consumers through tap and pay purchases at the point of sale, announced the addition of Matthew Murphy to the company’s executive team.“Consumers are rapidly embracing our mobile payments services, finding it incredibly...

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POSTED BY JOHN B. FRANK

FreedomPay Surpasses 1,000 Client Milestone Since Launching its FreeWay™ Transaction Gateway in 2009

Highly flexible gateway connects all areas of payment and transaction management into a single easy-to-use interface and reporting system.With FreeWay, marketing, financial, and analytical departments are now empowered to utilize previously unattainable real-time information at the point-of-sale.RADNOR, Pa.--(BUSINESS WIRE)--FreedomPay, the U.S. market leader for intelligent transaction management solutions, today announced that it...

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POSTED BY JOHN B. FRANK

Watch the Latest Security News in 90 Seconds - Sophos

Sophos June roundup – "90 Second News" Don't just read the latest computer security news – watch it in 90 seconds!Learn how Facebook 'clickjacking' actually works. Find out why Google is in the dogboxover vulnerability disclosure. See which companies had PR disasters sending out malware this month. And smile at the latest cybercrime busts in Spain.Watch and enjoy: (Enjoy this video? You can check...

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POSTED BY JOHN B. FRANK

Shift4 Corporation to Waive Start-Up Fees for Gift Card Services to New and Existing Customers

LAS VEGAS, NV--(Marketwire - June 22, 2010) -  Shift4 Corporation, the world's leading independent provider of payment gateway services, announced today that it will offer fully integrated gift card services via IT'S YOUR CARD® to new and existing users of DOLLARS ON THE NET® until December 31, 2010.As part of this promotion, Shift4 customers will receive IT'S YOUR CARD with no fees for the following:Unlimited...

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POSTED BY JOHN B. FRANK TUESDAY, JUNE 22, 2010

Gartner Report: Mobile Payment Users Worldwide to Exceed 108 Million in 2010

Image via CrunchBase STAMFORD, Conn., June 21, 2010 —    The number of mobile payment users worldwide will exceed 108.6 million in 2010, a 54.5 percent increase from 2009, when there were 70.2 million users, according to Gartner, Inc. Mobile payment users will represent 2.1 percent of all mobile users in 2010. "We continue to see strong growth in developing markets in Asia, Eastern Europe, the Middle East and Africa for mobile payment,...

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POSTED BY JOHN B. FRANK

Read more: http://pindebit.blogspot.com/#ixzz0rhR694j3

Radiant Systems Announces Launch of Real-time Alerting Tool for the Retail Industry

CounterPoint SmartAlerts™ provides retailers concise, actionable data on store activities via mobile technology

ATLANTA--(BUSINESS WIRE)--Radiant Systems, Inc. (Nasdaq: RADS) today announced that it has launched CounterPoint SmartAlerts™, a powerful new tool within its CounterPoint retail product suite that helps retailers monitor activities within each of their stores by receiving timely alerts via SMS text and e-mail. SmartAlerts analyzes retail point-of-sale (POS) transactions, customer information and inventory data to help retailers improve operations, prevent fraud and provide better customer service by offering over 20 key performance indicator alerts.

“We have seen increased employee morale and improved customer satisfaction within each of our retail locations since implementing SmartAlerts”

“We have seen increased employee morale and improved customer satisfaction within each of our retail locations since implementing SmartAlerts,” said Jay Margedant, president of Red Bandanna, a pet food and supplies store with ten locations in the metro Atlanta area. “One alert we receive is for sales over a set dollar amount, which allows me to congratulate the manager of that store and instantly call the customer to thank them for their business. The flash sales alert is also especially valuable for us to see if we are on track to hit our daily sales goals so that we can make adjustments to ensure we stay on target,” Margedant continued.

SmartAlerts enables retailers to easily monitor their businesses at all times, no matter where the owners and managers are, so that immediate action can be taken based on alerted activity that could affect their bottom lines. By providing instant intelligence with concise messages to the retailers’ mobile devices of choice, SmartAlerts helps them run their businesses with extremely tight control over store operations and an increased focus on fraud prevention and customer satisfaction. SmartAlerts is fully integrated with the CounterPoint retail POS software, allowing operators to configure alerts to be received instantly when conditions are discovered that fall outside of set guidelines.

“It is often difficult for retail operators to be in each of their stores on a consistent basis,” said Chris Lybeer, vice president of product development for the retail, sports and entertainment division at Radiant Systems. “The value of SmartAlerts as a tool is that it acts as the eyes and ears of an operator to provide them with actionable data occurring within their sites. SmartAlerts is a prime example of Radiant’s mission to provide innovative technology for retailers that helps them improve operations, enhance customer service and increase security measures to maximize their bottom lines.”

Click here to watch a video with more details about SmartAlerts.  (for your convenience I have embedded it below)

About Radiant Systems, Inc.

Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a global provider of innovative technology to the hospitality and retail industries. For more than two decades, Radiant's point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information about Radiant Systems:

• Visit our Web site


• Follow us on Twitter


• Read about us on our Blog

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Radiant Systems Continues the Development of Payment Security Tools for the Restaurant and Retail Industries

Radiant Payment Guard suite to help operators better safeguard cardholder data

ATLANTA--(BUSINESS WIRE)--Radiant Systems, Inc. (Nasdaq: RADS) today announced that it will be offering a new suite of payment security products, known as Radiant Payment Guard, that currently includes Payment Guard MSR, Token Replacement and CPGateway. These payment protection tools help businesses in the restaurant and retail industries better protect their sites and consumers by reducing data security-related risks.

“Throughout our 25-year history, Radiant has always been focused on providing leading data security protection for our customers”

“Criminals are targeting restaurant and retail businesses at an alarming rate,” said Andy Heyman, chief operating officer at Radiant Systems. “Radiant is providing a variety of hardware and software products, such as the Radiant Payment Guard suite, to help our customers maintain consumer trust and reach the highest levels of data security.”

The Radiant Payment Guard suite of products currently includes Payment Guard MSR, Token Replacement and CPGateway. Payment Guard MSR is an encrypted magnetic stripe reader that is installed within Radiant point-of-sale (POS) hardware terminals, which are deployed within both the restaurant and retail industries. Payment Guard MSR enables data security protection on a physical level with encryption of sensitive consumer data built into Radiant’s hardware products. By the end of 2010, Radiant will be shipping all POS terminals with Payment Guard MSR, with most terminals shipping with this security feature as of July 1. The company began shipping Payment Guard MSR-equipped hardware in 2009 with the launch of the P1515, P1560 and P1760 POS terminals.

Radiant Payment Guard also includes Token Replacement, which is a payment security feature of the Aloha point of sale that has been in use by restaurant operators since early 2009. With Token Replacement, a unique identifier, or token, is allocated to cardholder data at the RBS WorldPay and Radiant Payment Services (RPS) host to prevent personal information from being stored on the point of sale. This ensures restaurant operators that payment processing occurs in a tightly-secure environment.

In addition, Radiant’s CPGateway service is part of the Radiant Payment Guard product set and works with Radiant’s specialty retail product CounterPoint. Unlike other retail point-of-sale systems, CPGateway encrypts cardholder data from the store to the hosting center, rather than decrypting data at the store-level.

“Throughout our 25-year history, Radiant has always been focused on providing leading data security protection for our customers,” said John Heyman, chief executive officer at Radiant Systems. “The new offering of the Radiant Payment Guard suite of products is another example of our effort to continue developing products, technologies and processes to ensure that our customers are able to comply with today’s standards, as well as protect against tomorrow’s hackers.”

About Radiant Systems, Inc.

Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a global provider of innovative technology to the hospitality and retail industries. For more than two decades, Radiant's point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information about Radiant Systems:

• Visit our Website


• Follow us on Twitter


• Read about us on our Blog


• Become a fan on Facebook

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are the Company’s reliance on a small number of clients for a large portion of its revenues, fluctuations in its quarterly results, its ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.

Contacts

Radiant Systems, Inc.

Media Contact:

Mary Catherine Brutz, 770-576-6753

marycatherine.brutz@radiantsystems.com

Permalink: http://www.businesswire.com/news/home/20100520006056/en/Radiant-Systems-Continues-Development-Payment-Security-Tools

Radiant Systems Continues the Development of Payment Security Tools for the Restaurant and Retail Industries

Radiant Payment Guard suite to help operators better safeguard cardholder data

ATLANTA--(BUSINESS WIRE)--Radiant Systems, Inc. (Nasdaq: RADS) today announced that it will be offering a new suite of payment security products, known as Radiant Payment Guard, that currently includes Payment Guard MSR, Token Replacement and CPGateway. These payment protection tools help businesses in the restaurant and retail industries better protect their sites and consumers by reducing data security-related risks.

“Throughout our 25-year history, Radiant has always been focused on providing leading data security protection for our customers”

“Criminals are targeting restaurant and retail businesses at an alarming rate,” said Andy Heyman, chief operating officer at Radiant Systems. “Radiant is providing a variety of hardware and software products, such as the Radiant Payment Guard suite, to help our customers maintain consumer trust and reach the highest levels of data security.”

The Radiant Payment Guard suite of products currently includes Payment Guard MSR, Token Replacement and CPGateway. Payment Guard MSR is an encrypted magnetic stripe reader that is installed within Radiant point-of-sale (POS) hardware terminals, which are deployed within both the restaurant and retail industries. Payment Guard MSR enables data security protection on a physical level with encryption of sensitive consumer data built into Radiant’s hardware products. By the end of 2010, Radiant will be shipping all POS terminals with Payment Guard MSR, with most terminals shipping with this security feature as of July 1. The company began shipping Payment Guard MSR-equipped hardware in 2009 with the launch of the P1515, P1560 and P1760 POS terminals.

Radiant Payment Guard also includes Token Replacement, which is a payment security feature of the Aloha point of sale that has been in use by restaurant operators since early 2009. With Token Replacement, a unique identifier, or token, is allocated to cardholder data at the RBS WorldPay and Radiant Payment Services (RPS) host to prevent personal information from being stored on the point of sale. This ensures restaurant operators that payment processing occurs in a tightly-secure environment.

In addition, Radiant’s CPGateway service is part of the Radiant Payment Guard product set and works with Radiant’s specialty retail product CounterPoint. Unlike other retail point-of-sale systems, CPGateway encrypts cardholder data from the store to the hosting center, rather than decrypting data at the store-level.

“Throughout our 25-year history, Radiant has always been focused on providing leading data security protection for our customers,” said John Heyman, chief executive officer at Radiant Systems. “The new offering of the Radiant Payment Guard suite of products is another example of our effort to continue developing products, technologies and processes to ensure that our customers are able to comply with today’s standards, as well as protect against tomorrow’s hackers.”

About Radiant Systems, Inc.

Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a global provider of innovative technology to the hospitality and retail industries. For more than two decades, Radiant's point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information about Radiant Systems:

• Visit our Website


• Follow us on Twitter


• Read about us on our Blog


• Become a fan on Facebook

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities, and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are the Company’s reliance on a small number of clients for a large portion of its revenues, fluctuations in its quarterly results, its ability to continue and manage its growth, liquidity and other capital resources issues, competition and the other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.

Contacts

Radiant Systems, Inc.

Media Contact:

Mary Catherine Brutz, 770-576-6753

marycatherine.brutz@radiantsystems.com

Permalink: http://www.businesswire.com/news/home/20100520006056/en/Radiant-Systems-Continues-Development-Payment-Security-Tools

Radiant Systems and RBS WorldPay Announce the Launch of Token Replacement

New payment processing security feature of Aloha POS software uses token replacement of credit card numbers to reduce burden of PCI compliance

ATLANTA--(BUSINESS WIRE)--Radiant Systems, Inc. (Nasdaq: RADS) today announced the release of Token Replacement, a new payment security feature that allocates a unique identifier, or token, to cardholder data at the RBS WorldPay host to prevent personal information from being stored on the point of sale.



“Token Replacement allows restaurant owners to place a greater focus on their operations by helping to ensure payment processing occurs in a secure environment,” said Jeff Hughes, vice president of hosted solutions at Radiant Systems. “Unlike other competitive alternatives, there are no additional transaction fees associated with our Token Replacement feature. This is one of many examples of how Radiant is striving to help our customers better manage data security.”



Token Replacement is designed as a point-of-sale feature that is tightly integrated into the latest version of the Aloha POS. When credit cards are swiped, data is first sent to the secure RBS WorldPay host, which then processes the payment and returns a unique token identifier to the POS for future reference. In addition, the seamless integration of Token Replacement with Aloha POS software increases speed of service by reducing processing time to let sales happen faster and maximize profits.



“As Payment Card Industry Data Security Standards (PCI DSS) continue to change and evolve, it is important for technology and payment processing companies to proactively provide a range of technical solutions to help merchants reduce risk,” said Ian Drysdale, senior vice president of market development at RBS WorldPay. “RBS WorldPay and Radiant developed Token Replacement in response to our clients’ desire for solutions that help reduce the burden that PCI compliance has placed upon many hospitality and retail merchants.”



About Radiant Systems, Inc.

Headquartered in Atlanta, Radiant Systems, Inc. (Nasdaq: RADS) is a global provider of innovative technology to the hospitality and retail industries. For more than two decades, Radiant's point of sale hardware and software solutions have helped to redefine the consumer experience in more than 100,000 restaurants, retail stores, stadiums, parks, arenas, cinemas, convenience stores, fuel centers and other customer-service venues. Radiant has offices in North America, Europe, Asia and Australia. For more information about Radiant Systems:

• Visit our Web site


• Follow us on Twitter


• Read about us on our Blog


• Become a fan on Facebook

About RBS WorldPay™

RBS WorldPay, Inc. is a leading, single-source provider of electronic payment processing services – including credit, debit, EBT, checks, gift cards, e-commerce, customer loyalty cards, fleet cards, ATM processing and cash management services. RBS WorldPay is the U.S.-based payment processing division of the Royal Bank of Scotland Group plc. For more information, please visit www.RBSWorldPay.us.



About The Royal Bank of Scotland Group (RBS)

The RBS Group is a financial services company providing a range of retail and corporate banking, financial markets, consumer finance, insurance, and wealth management services. The RBS Group operates in the Americas, Asia and the Middle East serving more than 40 million customers. For more information, please visit www.RBS.com.