Peacocks, Monsoon EMV-Enable Store Systems
Two more UK-based retailers have centralized their POS terminal and operating systems in advance of the impending January 2005 deadline for installing chip and PIN-compliant payment systems. Fashion r...
Visa Resolve Online Platform Now At Full Capacity
Visa InternationalÆs online dispute-resolution tool, Resolve Online, now gives access to the issuerÆs copy request service, a revised set of dispute rules and better fraud reporting after this month's...
China's Credit Card Market Billed For Solid Growth
Banks and card issuers in China will dispense 77 million credit cards in 2005, up from 52.2 million in 2004, even if this total represents just 6 per cent of ChinaÆs 1.3 billion population, according ...
India's POS Terminal Market In A Nascent Phase
With IndiaÆs banks predicted to issue over 13 million credit cards in 2005, Visa is to roll out low-cost POS terminals from domestic vendors to increase terminal penetration across the sub-continent. ...
Gift Card Kiosks And Readers Infiltrating US Malls
Gift card-dispensing kiosks are available for installation at shopping malls and in-store at retailers through a tie-up by kiosk application developer St Clair Interactive, and kiosk vendor, Kiosk Inf...
Payment Cards Are Fueling A Cashless Society
Payment cards are now used for 53 per cent of all store purchases, with cash and checks comprising the remainder, but merchants may attempt to recoup fees for card purchases in the form of higher pric...
US Prepaid Players Tapping New Market Potential
With the number of US prepaid wireless subscribers predicted by the Yankee Group to rise from 18 million at end-2004, to 24 million-plus by end-2007, market players are positioning their wares. Touch-...
Automated Transactions Catalyze B2B Processes
Core business processes at most enterprises are streamlined to reduce errors, improve accuracy and eliminate manual intervention as a conduit to reduced costs and better service. Rules-driven automate...
Healthcare Post-Payment Admin Gets Automated
Health claim recovery on US plans has extended to post-payment administration with a solution from Health Decisions finding funds to recover, even after claims have been paid by insurers. In view that...
Restaurant Integrates Enterprise/Gift Card Solution
US-based restaurateur PF Chang, operator of the China Bistro and Pei Wei Asian Diner restaurants, is using an enterprise gift card solution to issue cards while centralizing in-store reporting functio...
E-Invoice Adoption Is Driven By Compliance Rules
Paper invoicing in the global travel industry costs over USD 25 million per year, but major operators that switch to electronic invoicing systems stand to save up to 80 per cent on annual invoice dist...
Chip And PIN Cards Are Being Stolen From UK Mail
With APACS reporting fraud on credit cards lost in the mail (ônon-deliveryö) to have risen by 51 per cent in the past year, to GBP 61.2 million, banks and issuers are dealing with reports of missing c...
Sheetz To Use Outdoor Kiosks To Increase Sales
US convenience and oil store chain Sheetz, is to provide self-service food ordering at its forecourts by installing outdoor kiosks at the fueling islands of all its new and some existing stores. Sheet...
Daleen Offers A New Revenue Assurance Platform
Billing discrepancies and lost revenues are an ongoing issue for resellers of telecom services, but billing software firm, Daleen, has responded with a new revenue-management platform, Asuriti. Busine...
Malaysia's Banks See EMV Card Growth Potential
Bank Islam Malaysia Berhad (BIMB) expects EMV chip-based credit cards to contribute 20 per cent of annual revenue for its retail banking division, which now generates about half of BIMBÆs total revenu...
BNP Paribas Securities Automates Its Exceptions
Global funds management firm BNP Paribas Security Services stands to improve its productivity in the reconciliations area by 50 to 100 per cent after automating its exceptions with an investigations a...
HMV To Deploy A Trintech Chip & PIN Solution
HMV, the UK-based high street music and games retailer, is to use TrintechÆs Smart 5000 card system for the acceptance of chip and PIN payments at around 2,000 retail lanes in its 190 stores in the UK...
BB Lags In E-Transaction Revenue Generation
Banco do Brasil reports that almost half (48 per cent) of the 358 million transactions it handled in August 2004 were facilitated via self-service channels. Another 40 per cent of transactions were in...
ATMs Growing As A Prepaid Recharge Channel
As bank-issued prepaid cards and products infiltrate the consumer marketplace, industry insiders are expecting ATM-facilitated prepaid services such as recharge to increase in uptake. Once banks begin...
Level-3 Item Detail Gives An Edge In B2B Trading
Purchasing card programs benefit the B2B sector due to simplifying invoicing and reconciliation processes, eliminating credit lines, accelerating payment cycles and minimizing collection issues. P-car...