Payment News

First Data Announces Revolutionary Payment Security Solution: TransArmor Payment Card Security

09.02.2010 · Posted in Payment Processing

First Data Corporation, a worldwide leader in offering electronic payment processing services and e-commerce software solutions to businesses and organizations announced that a new payment security solution called First Data® TransArmor is now available to merchants via First Data’s resellers and partners program. According to First Data, they are anticipating well over 110,000 businesses will ...

VeriFone Systems Acquires WAY Systems

09.01.2010 · Posted in Mobile Payment News, Payment Processing

VeriFone Systems, Inc., a worldwide leader of secure payment services to businesses, today announced that it has bought WAY Systems, Inc, a company that manufactures mobile point-of-sales terminal and gateway solutions for merchant. According to VeriFone, the acquisition will not affect the company’s 2010 financials. The pricing detail of the transaction is an upfront payment ...

BankServ to Acquire Assets of NetDeposit LLC from Zions Bancorporation

08.31.2010 · Posted in Check Processing - Check 21 (RDC)

BankServ, based out of Las Vegas, Nevada and a leader in offering payment and banking technology solutions to businesses and financial institutions, today announced that an agreement has been reached for it to acquire virtually all of NetDeposit assets. NetDeposit is a company owned by Zions Bancorporation. The acquisition obviously includes NetDeposit’s remote deposit capture ...

Fiserv Announces Revenue Expansion Solution for Banks and Credit Unions

08.30.2010 · Posted in Banking News

Fiserv, Inc., a global leader of technology software solutions to the financial services industry, today announced a new Revenue Expansion Program which is a type of road-map solution designed to offer help to banks and credit unions that are affected by the new financial regulation: Regulation E. In November of last year, the Federal Reserve put out ...

Intuit GoPayment and mophie marketplace Allows Small Business Credit Card Processing With iPhone

08.26.2010 · Posted in Mobile Payment News

Intuit Inc, a company that provides cutting edge financial management services to small and mid-sized business and financial institutions, and mophie, a company based out of California that produces mobile devices and accessories, announced today that Complete Credit Card Solution, a products that allows businesses to process credit card transactions on the iPhone is now ...

Hypercom Announces HyperSafe Secure EFTSec Server 2.0 Point-to-Point Encryption in the United States

08.25.2010 · Posted in Payment Processing

Hypercom Corporation, a leader when it comes to highly secured electronic payment products, and software solutions, today announced that HyperSafe® Secure EFTSec Server™ 2.0 payment data encryption system for Optimum T4200 (countertop machine) and M4200 (mobile terminal) is available right now for processors and ISO in the United States that are utilizing Tier 4 payment ...

Fiserv Announces Mobile Source Capture Remote Deposit Capture for Mobile Phones

Fiserv, Inc., based out of Brookfield, Wisconsin, one of the worldwide leaders when it comes to providing technology solutions to the financial services industry, today launched a new mobile remote deposit capture technology called Mobile Source Capture for smartphones with a digital camera. Fiserv utilizes Mitek Systems’ Mobile Deposit platform. Mitek Systems was recently granted ...

Complex Community Federal Credit Union Chooses Account Processing Software Portico from Fiserv

08.24.2010 · Posted in Banking News

Fiserv, Inc., one of the worldwide leaders in offering technology solutions to financial institutions, today announced that Complex Community Federal Credit Union, based out of Odessa, Texas, has agreed to utilize Fiserv’s Portico an account processing application. Complex Community Federal Credit Union will be outsourcing their entire technology operations to Fiserv, moving it from in-house ...

First Data Lietuva Uses Compass Plus TranzWare Interchange Products for Payments Processing

08.23.2010 · Posted in Payment Processing

Compass Plus, based out in St. Louis, Missouri, a global payment provider that offers banking technology to retailers, credit unions, and banks, today announced that First Data will be utilizing its TranzWare Interchange solution at Processing Center in Lithuania to enable better settlement and clearing of international transactions. The biggest processor in Lithuania is First ...

Visa and Bank of America Launching Contactless Mobile Payment in September 2010

08.20.2010 · Posted in Banking News, Mobile Payment News

Bank of America, the largest financial institution in the United States, and Visa, the largest payment processor in the world, has plans to start test pilot program next month in New York for Near Field Communication (NFC) mobile contactless payments that will allow consumers to utilize their mobile phone to purchase goods and services at ...