Wincor Nixdorf Opens Software Headquarters in Utrecht

Wincor Nixdorf AG is pooling its software and professional services expertise in Utrecht in the Netherlands. Wincor Nixdorf CEO Eckard Heidloff officially opened the new Software Headquarters on September 18, 2013 in the presence of Remco van Lunteren Member of the Provincial Executive of the Province of Utrecht. “The opening of the Software Headquarters, from

First Data Releases August 2013 SpendTrend® Analysis

First Data Corporation, a global leader in electronic commerce and payment processing, released its First Data SpendTrend® analysis for August 1-30, 2013 compared to August 1-30, 2012. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations. August’s dollar volume growth was 7.3%, a

ATMIA Publishes International Best Practice in Chinese

ATMIA has announced the publication of its fourth translated industry best practice manual into Simplified Chinese, namely End-to-End Encryption for ATMs. “We are building up our library with translated best practices in Chinese for the Greater China Region,” said Peter Poon, Executive Director for ATMIA Asia. “Translations of ATM best practices into one of the

ROAM Announces New Partnership with Merchant Warehouse

ROAM an Ingenico company and the leading mobile commerce platform provider, today announced a new partnership with Merchant Warehouse to expand the company’s mobile payment acceptance solutions. Merchant Warehouse, a leading innovator of payment technologies and merchant account services, will leverage ROAM’s secure mobile card readers, associated software and services to provide its merchants and partners

Citi Completes Acquisition of Best Buy’s U.S. Credit Program

Citi announced that it successfully completed on September 6 the acquisition from Capital One Financial Corp. of Best Buy’s U.S. credit card portfolio and the conversion of the portfolio to Citi’s systems. Citi Retail Services, the premier provider of credit card products, services and solutions for North America retailers, will manage the portfolio going forward.

MasterCard Joins Better Than Cash Alliance

MasterCard announced, with a $1.5 million grant, that it is joining the Better Than Cash Alliance. MasterCard’s commitment comes at the one-year anniversary mark for the Better Than Cash Alliance, which works with governments, the development community and the private sector to digitize their cash payments to people in emerging economies. The initiative for electronic

Can Online Banking Transactions Ever be Safe?

Kaspersky Lab explains how to avoid banking Trojans The rise of online banking has given birth to a new form of cybercrime – the theft of payment information. Fraudsters keep developing new ways of bypassing protective systems for financial data. How does their malware steal your money? How can we protect ourselves against them? Is

VeriFone Names Paul Galant Chief Executive Officer

The Board of Directors of VeriFone Systems, Inc. announced that it has appointed Paul Galant Chief Executive Officer and Member of the Board of Directors, effective October 1, 2013. VeriFone, Mr. Galant, 45, served as the CEO of Citigroup Inc.’s Enterprise Payments business since 2010. In this role, Mr. Galant developed innovative digital payments services for

Intuit and Square Announce Point of Sale and Accounting Integration

Intuit and Square announced a seamless integration between Square and QuickBooks. Built on Intuit’s open platform, the integration will enable small businesses to more efficiently import their transactions from Square into QuickBooks helping them streamline their operations, save time and ensure accurate reporting. The offering will be available on November 19. “By rebuilding QuickBooks as

Groupon Acquires Local Experience Startup SideTour

Groupon announced the acquisition of SideTour, a marketplace that helps people discover, book and host great local activities. Terms of the deal were not disclosed. SideTour handpicks a growing selection of unique, hosted events that connect customers with qualified experts who help them discover more about their cities and the things they’re passionate about. “The