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 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
Late payments are a cash flow nightmare for any organisation – which is why the University of the Western Cape (UWC) turned to payment services provider PayGate to make revenue collection easier and more effective. “Every year we need to collect millions in student fees, as well as application fees from prospective students,” says UWC’s
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
DUO marketing recently hosted a breakfast where Nicola Dreyer shared her ideas about the upcoming trends in IT for the next year. According to Nicola some of the trends worth paying attention to in the next year include: The Power of Emerging Markets We need to understand how business is being done in emerging markets.
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 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 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
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
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
