BillMyParents and MasterCard Educate Parents of Teens About the Benefits of Prepaid Cards

SOURCE: BillMyParents

September 27, 2011 09:30 ET

SAN DIEGO, CA--(Marketwire - Sep 27, 2011) - Leading teen spending solutions provider BillMyParents (OTCQB: BMPI) (OTCBB: BMPI) and MasterCard Worldwide have launched a new campaign designed to educate parents about the benefits of prepaid cards for teens.

Launched in August, the campaign will run across social, online and mobile media through October and highlights the real-time tracking capabilities of the reloadable BillMyParents SpendSmart MasterCard^® prepaid card. The campaign includes a national sweepstakes and a card usage rewards element, and was created to push both brand awareness and card conversions on a national level.

"BillMyParents stands out in the prepaid card space with what they're doing for families with teens," said Shekhar Sahgal, vice president, U.S. Prepaid Products, MasterCard. "MasterCard prepaid cards help parents and their teens enjoy the safety and convenience of electronic payments versus cash, while teaching them financial responsibility."

Tailored to appeal to parents, the main message threaded throughout the promotion is: 'Keeping track of your teen's spending with the BillMyParents SpendSmart MasterCard...Priceless.' Addressing the need for safe and easy-to-use solutions to help families manage teen spending in the digital age, BillMyParents provides varying levels of oversight that can be customized for both parents and teens. Instant text alerts can be sent every time a purchase is made or only if a purchase exceeds a certain dollar amount.

Funds can be reloaded and the card can be immediately locked or unlocked with the touch of a button -- via SMS text, by logging in online, or by using the free iPhone app. Instant transaction alerts showing when, where, how much was spent and remaining balance enable parents to take advantage of potential teachable moments in real-time, and extended family members can all contribute to the same card account from any online location.

"This is an incredible opportunity for us to leverage one of the most recognizable marketing programs in the world," said Evan Jones, vice president of marketing for BillMyParents. "It is immensely gratifying that, like us, MasterCard recognizes and believes in the vast growth potential for prepaid cards, including in the teen market. This digital campaign is the perfect way to express how strongly we feel that what we are providing to families IS priceless."

In addition to benefits such as real-time spend alerts, the program also offers incentives around entertainment that the whole family can enjoy together such as free movie tickets, entrance in a sweepstakes for an all expenses-paid trip to a Hollywood movie premiere, and inclusion in a new rewards program based on recurrent use of the card.

BillMyParents prepaid cards are issued by University National Bank pursuant to a license provided by MasterCard International Incorporated.

For more information, please visit: www.BillMyParents.com/priceless.

About BillMyParentsBillMyParents, Inc. (OTCQB: BMPI) (OTCBB: BMPI) offers the perfect solution for parents who want to help their teens develop smart spending habits. The BillMyParents SpendSmart Card is the only instantly trackable, reloadable MasterCard prepaid card that lets parents and teens track spending in real-time. Features include the ability to instantly lock, unlock and reload the card at any time; text alerts to parents and teens showing real-time transaction details with each purchase; and the freedom and security of a MasterCard prepaid card without the risk of overdrafts, accruing debt or affecting credit scores. BillMyParents provides parents with a modern way to help teach their teens financial responsibility, when it counts. For more information, please visit www.billmyparents.com.

About MasterCard MasterCard (NYSE: MA) is a global payments and technology company. It operates the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities -- such as shopping, traveling, running a business and managing finances -- easier, more secure and more efficient for everyone. Learn more at mastercard.com or follow us on Twitter @mastercardnews.

Cubic Partners With PATCO to Offer Riders the World's First Transit Agency-Branded Contactless Visa® Prepaid Card for Transit and Retail

SOURCE: Cubic Corporation

September 27, 2011 07:00 ET

CAMDEN, NJ--(Marketwire - Sep 27, 2011) - PATCO and Cubic Transportation Systems, the transportation segment of Cubic Corporation (NYSE: CUB), have partnered to provide Philadelphia/New Jersey region commuters with the first transit-branded, contactless Visa® prepaid card in the world. The new PATCO Wave & Pay ANYWHERE Visa® Prepaid Card began a 12-month pilot program on September 26. This marks the first time that consumers will be able to use the same transit payment card for both transit and retail purchases.

Cubic developed the pilot program to assist transit agencies that are facing shrinking budgets and are looking for ways to reduce costs of fare card operations and create avenues for additional revenues. This type of payment system -- called an "open-loop" payment system -- uses contactless bank cards that give users the opportunity to spend money wherever the card is accepted. The majority of transit fare cards in use today, such as the PATCO FREEDOM® Card, are closed loop payment systems, meaning they can only be used for transit payments.

"Cubic is excited about this opportunity to field the first full deployment of a general purpose reloadable prepaid card," said Steve Shewmaker, President of Cubic Transportation Systems Worldwide. "This is all about making life for the transit agency and their customers even more convenient."

The PATCO Wave & Pay ANYWHERE Visa Prepaid Card is a contactless, general purpose, reloadable card. It is one of the lowest fee prepaid cards on the market. To participate, PATCO riders can get a free PATCO Wave & Pay ANYWHERE Visa® Prepaid Card with no enrollment free from brand ambassadors who will be on site for the first two weeks of the pilot at six PATCO stations where special kiosks will be located to enable customers to load their cards. Customers can also order and register their cards online at www.PATCOpilot.com. Riders use the card to wave and pay at PATCO gates and parking terminals and anywhere Visa debit cards are accepted, including telephone and online purchases and bill payment. The cards can be loaded, reloaded and managed many ways, including online. Once the card has been registered, it is FDIC insured and can be used for cash back on purchases and for ATM withdrawals.

"We are pleased to partner with Cubic Transportation Systems and Visa on this groundbreaking pilot. Open payment is the future of transit fare collection, and with the PATCO Wave & Pay ANYWHERE Visa® Prepaid Card, we can ensure that all of our riders, regardless of whether or not they have a bank account, have access to a new level of payment convenience and security," said Delaware River Port Authority (DRPA) CEO and PATCO President, John J. Matheussen.

About Cubic Transportation Systems

Cubic Corporation (NYSE: CUB) is the parent company of three major business segments: Defense Systems, Mission Support Services and Transportation Systems.

Cubic® Transportation Systems, Inc. is the world's leading turnkey solution provider of automated fare collection systems for public transport including bus, bus rapid transit, light rail, commuter rail, heavy rail, ferry and parking. Cubic's solutions and services include system design, central computer systems, equipment design and manufacturing, device-level software, integration, test, installation, warranty, maintenance, computer hosting services, call centre services, card management and distribution services, financial clearing and settlement, multi-application support and outsourcing services.

Every year, nearly 10 billion rides are taken worldwide using Cubic fare collection systems. Cubic has delivered over 400 projects in 40 major markets on five continents. Active projects include London; Brisbane (Southeast Queensland) region, Australia; New York / New Jersey region; Washington, D.C. / Baltimore / Virginia region; Los Angeles region; San Diego region; San Francisco region; Minneapolis/St. Paul; Chicago; Atlanta region; Miami (South Florida) region; Vancouver and Edmonton, Canada; Sydney (New South Wales), Australia; and Scandinavia.

Cubic Defense Systems is a leading provider of realistic combat training systems, cyber technologies, asset tracking solutions, and defense electronics. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services. For more information about Cubic, see the company's website at www.cubic.com.

About PATCO and the Delaware River Port Authority

The Delaware River Port Authority is a regional transportation agency. DRPA owns and operates the Benjamin Franklin, Walt Whitman, Commodore Barry and Betsy Ross Bridges, and PATCO. The DRPA also owns the RiverLink Ferry.

The PATCO Wave & Pay ANYWHERE Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc, The Bancorp Bank, Member FDIC.

Moneris Solutions Brings Cloud-Based Point-Of-Sale Solution to Independent Retailers

September 26, 2011 14:54 ET

Moneris Expands Morris Retail POS Solution with Register, Pro, and Enterprise

TORONTO, ONTARIO--(Marketwire - Sept. 26, 2011) - Moneris Solutions^® (Moneris), Canada's largest credit and debit card processor, announced the launch of its expanded Morris^® retail point-of-sale (POS) solution, offering Register, Pro, and Enterprise modules to help retailers manage their business more efficiently. The modules range from an entry-level cash register replacement to an advanced POS solution with advanced feature set designed to meet the needs of larger retail businesses.

Developed as cloud-based Software as a Service (SaaS) model, Morris offers retailers the ability to not only process transactions, but provide additional POS features including inventory management, customer management, and real-time reporting. In addition, Morris is PCI Security Standards Council PA-DSS compliant, thereby protecting transaction data for both merchants and customers.

"Moneris is committed to delivering innovative solutions that meet the needs of retailers," said John Florinis, Director, Product Marketing & Business Development, Moneris. "By offering three distinctive modules, Morris will offer the right feature set for businesses of all sizes."

Morris Register

A conventional cash register replacement that offers advanced POS functionality including real time reports and inventory tracking. In addition, all information is backed up and secured with Moneris.

Morris Pro

Designed for larger retailers looking to grow, Morris Pro provides additional features including advanced inventory management, the ability to import customer data, and purchase order management. Morris' customer management and promotional tools enable merchants to provide better customer relationship management.

Morris Enterprise

Offering complete Morris functionality, Morris Enterprise is suitable for head office, IT and store operations departments, including franchise groups.

Morris Register, Pro, and Enterprise are available today from Moneris. For additional information, including a free 30-day trial, please visit moneris.com/morris. For pricing information, please call 1-866-421-1667.

About Moneris Solutions

As one of North America's largest providers of payment processing solutions, Moneris offers credit, debit, wireless and online payment services for merchants in virtually every industry segment and processes more than three billion transactions annually. Through its Ernex division, Moneris offers electronic loyalty and stored-value gift card programs. With more than 350,000 merchant locations, Moneris provides the hardware, software and systems needed to improve business efficiency and manage payments. For more information please visit www.moneris.com.

SmartMetric Fingerprint Biometrics to Replace PIN in the Next Generation Banking Cards

September 26, 2011 09:45 ET

Market Size for the SmartMetric Biometric Fingerprint Activated Banking Card Is in Excess of 1.24 Billion Cards Worldwide

BUENOS AIRES, ARGENTINA--(Marketwire - Sep 26, 2011) - SmartMetric, Inc. (OTCBB: SMME) President & CEO of SmartMetric, Inc. C. Hendrick, said that the company's advanced integration of a fingerprint scanner inside a SmartCard provides the company with a technological platform that when combined with the credit card industry standard EMV application allows for the next generation of Banking and Credit Cards to be Biometric Fingerprint activated Cards. Thereby introducing a higher level of security then what is available to date on Credit and ATM Cards.

EMV is a global standard for credit and debit payment cards based on chip card technology. As of the end-2010, there were more than 1.24 billion EMV compliant chip-based payment cards in use Worldwide with more than 15.4 million EMV terminals around the World according to information on the EMV Co ^{1 2 3 4} website.

Often referred to as "chip and pin" cards used in the Banking Industry, an EMV standard ATM Card or Credit Card is a SmartCard the size of a standard credit card with a surface mounted chip that is read by an EMV compliant reader along with input of a user's pin number. Creating the often used term in the Banking industry across Europe and other parts of the World as, "Chip & Pin Bank Cards."

SmartMetric has overcome the least secure aspect of the Chip & Pin cards in its reliance on the least secure aspect, namely the use of a "PIN" with the advanced security of Biometrics.

The next Generation of the 1.24 Billion issued "Chip & Pin" Banking Cards is the SmartMetric Fingerprint Card that uses the same chip and works with the 15.4 million existing terminals around the world but replaces the least secure Pin with the most secure technology namely Fingerprint Biometrics.

SmartMetric plans on launching its Banking Industry Fingerprint Activated Card technology in the First Quarter of 2012 after the completion of its mass production manufacturing facility in Latin America.

¹ http://www.emvco.com/ - 
² About EMV - EMV® is a global standard for credit and debit payment cards based on chip card technology. As of end-2010, there were more than 1.24 billion EMV compliant chip-based payment cards in use worldwide. 
³ About EMV Co. - EMVCo, owned by American Express, JCB, MasterCard and Visa, manages, maintains and enhances the EMV®1 Integrated Circuit Card Specifications to ensure global interoperability of chip-based payment cards with acceptance devices including point of sale terminals and ATMs.
⁴ EMV is a registered trademark in the U.S. and other countries, and is an unregistered trademark in other countries, owned by EMVCo.

About the SmartMetric:

The SmartMetric, Biometric Card Computer provides powerful computing with large memory capacity in a revolutionary size that has taken more than 10 years of research and development. Using the latest in sub micro technology electronics, the company has achieved a level of miniaturization that allows it to release a solution of portable computing power that combined with SmartMetric's biometric fingerprint in-card scanning technology, is so revolutionary it will change the way business is done and information is handled across a broad range of industries. For further information please go to the company website: www.smartmetric.com

SelectCore Launches First Mobile Banking App for Iridium MasterCard

September 26, 2011 09:16 ET

TORONTO, ONTARIO--(Marketwire - Sept. 26, 2011) - SelectCore Ltd. (the "Company") (TSX VENTURE:SCG), a prepaid telecom and financial services transaction processor for the under-banked consumer market, is pleased to announce the launch of the Company's first mobile banking app for Iridium MasterCard.

The Company's first generation Blackberry app is available free of charge to registered Iridium Cardholders. The app is secure, easy to use and can be downloaded instantly from the cardholder's online account.

The new mobile banking app allows cardholders to conveniently:

- check their account balance

- view recent transaction history including purchases, loads and more

- money-share between other Iridium cardholders in real-time

- and more

The new Iridium app for Blackberry devices is the latest development in SelectCore's efforts to offer industry-leading technology that provides for a superior user experience. Cardholders can now conveniently manage their account and send money to other Iridium cardholders from anywhere in the world while on the go 24-hours-a-day, 7-days-a-week, 365-days-a-year.

SelectCore also intends to launch this mobile banking app for iPhone and Android devices.

In addition to the new smart-phone applications, Iridium cardholders are provided with other convenient account access tools including IVR, live agent support, online and SMS.

The next phase of the Company's mobile strategy is to introduce a complete 'mobile wallet' solution utilizing near-field communications (NFC) payment technology. As payment networks, processors and acquirers continue to deploy NFC technology and point-of-sale devices, Iridium customers will be able to use their mobile wallet instead of a traditional card to make purchases at millions of merchant locations worldwide.

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Gilbarco to Demonstrate Mobile Wallet Capability at NACS

September 26, 2011 07:57 ET

Emerging Payment Landscape Brings New Opportunities for Convenience Retailers

GREENSBORO, NC--(Marketwire - Sep 26, 2011) - Gilbarco Veeder-Root will demonstrate mobile wallet payments at the gas pump at this year's National Association of Convenience Stores (NACS) Show, October 2 - 4, McCormick Place, Chicago, booth 6432. The company will feature the new technology, based on Near Field Communications (NFC) standards, in its leading Gilbarco® Encore® dispenser line.

Mobile payments are expected to significantly alter the payment landscape in the U.S. Customers will experience unparalleled convenience by accessing their credit, debit and loyalty cards through mobile phone applications. Retailers will be able to provide further value to consumers and drive customer loyalty and sales with enhanced loyalty programs, couponing and targeted promotions and offers.

"Convenience stores and gas stations represent a large market," said Jaymee Johnson, head of marketing at Isis. "Isis and NFC will unlock new levels of functionality to help retailers improve their businesses and connect with consumers in new and exciting ways." Convenience store revenues account for more than 4% of the country's GDP, according to the NACS.

"Google, Isis (a joint venture of Verizon, AT&T and T-Mobile), PayPal, VISA and others have announced plans to launch mobile wallet products," said Richard Browne, Gilbarco Veeder-Root's Vice President of Marketing for North America. "Adding the advantages of the mobile wallet to both the forecourt and in-store point of sale positions convenience store retailers to enhance the consumer experience."

About Gilbarco Veeder-RootGilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations. We offer the broadest range of integrated solutions from the forecourt to the convenience store and head office. For almost 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support and proven reliability. In fact, we help manage the business and maximize the bottom lines for 19 of the top 20 convenience store operators in the U.S. Gilbarco Veeder-Root. Technology with a human touch.

Green Dot to Partner with PCI Security Standards Council to Help Shape Payment Data Security Worldwide

September 26, 2011 09:00 AM Eastern Daylight Time 

MONROVIA, Calif.--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT), a leading prepaid financial services company, today announced it has joined the PCI Security Standards Council to contribute to the improvement of payment data security worldwide through the ongoing development of the PCI Security Standards.

“We look forward to playing an active role in shaping the security of the payment chain globally”

As a Participating Organization, Green Dot will play an active role in the standards setting process. Endorsed by American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the PCI Security Standards require merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data protection.

“We look forward to playing an active role in shaping the security of the payment chain globally,” said John Coffey, Chief Information Security Officer of Green Dot. “Green Dot has always made security a priority and see our membership in the PCI Security Standards Council as a way to further demonstrate our leadership in the industry as a company committed to implementing critical information security policies.”

The Council relies on involvement of those across the payments processing chain to enhance payment data security globally while embracing new technologies as they are developed.

“In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity’s best protection against network security threats and data breaches,” said Bob Russo, General Manager of the PCI Security Standards Council. “By joining as a Participating Organization, Green Dot is demonstrating its commitment to drive the security standards to higher levels of adoption and strength.”

About Green Dot Corporation

Green Dot is a leading prepaid financial services company providing simple, low-cost and convenient money management solutions to a broad base of U.S. consumers. Green Dot also owns and operates the Green Dot Network, the nation's leading prepaid card reload network. Green Dot products are available online at http://www.greendot.com and at more than 55,000 retail stores, including Walmart, Walgreens, CVS, Rite Aid, 7-Eleven, Kroger, Kmart, Meijer, and Radio Shack. Green Dot is headquartered in the greater Los Angeles area. For more details, visit http://www.greendot.com.

About the PCI Security Standards Council

The PCI Security Standards Council is an open, global forum that is responsible for the development, management, education and awareness of the PCI Data Security Standard (PCI DSS) and other standards that increase payment data security. Founded in 2006 by the major payment card brands American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc., the Council has more than 600 Participating Organizations representing merchants, banks, processors and vendors worldwide. To learn more about playing a part in securing payment card data globally, please visit: pcisecuritystandards.org.

Connect with the PCI Council on LinkedIn: http://www.linkedin.com/company/pci-security-standards-council

Join the conversation on Twitter: http://twitter.com/#!/PCISSC