Tuesday, June 29, 2010

PIN Debit Blog Headline News


Latest Patent Addition Complements Current Patent Holdings MENTOR, Ohio, June 29, 2010 (GLOBE NEWSWIRE) -- CardinalCommerce, the world-leading enabler of payment brands, today announced that the US Patent and Trademark Office (USPTO) issued patent number US 7,742,967, which covers fundamental aspects to secure payment processing. The patent, entitled Secure and Efficient Payment Processing System, was filed to protect technology...
POSTED BY JOHN B. FRANK TUESDAY, JUNE 29, 2010

June 29, 2010 10:39 AM Eastern Daylight Time REXBURG, Idaho--(BUSINESS WIRE)--Idaho Falls-based technology company RFinity today launched the next phase of a pilot program providing a secure mobile payment option for residents in nearby Rexburg, Idaho, location of the first pilot. During this next phase, RFinity has secured a cooperative agreement with Rexburg’s Citizens Community Bank (CCB), where current...
POSTED BY JOHN B. FRANK

June 28, 2010 10:00 AM Eastern Daylight Time  MAJOR EVENTS: U.S. Stock Market, Gulf Oil Spill and European Debt All Having Some Effect on American Small BusinessesMOTIVATION: Desire to Own a Small Business Still Strong, but 40% of Small Business Owners Have Considered Changing Their Business Models, Most Due to EconomyRIVERWOODS, Ill.--(BUSINESS WIRE)--Small business owners’ economic confidence leveled off in June,...
POSTED BY JOHN B. FRANK

One of the First Major U.S. Financial Institutions to Support Four of the Most Popular Smartphone PlatformsSAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE:WFC) today announced the launch of new mobile banking applications for AndroidTM, BlackBerry®, and Palm. These additions to its existing portfolio expand Wells Fargo's mobile banking applications to four and provides customers with more choice in how they bank.“Our...
POSTED BY JOHN B. FRANK

Convenience and Ease of Use Outweigh Other Services (Don't Forget About Security)CHERRY HILL, N.J. and PORTLAND, Maine, June 28 /PRNewswire-FirstCall/ -- Debit card use is on the rise while credit card use is on the decline for everyday spending, according to the TD Bank Checking Poll released today by TD Bank, America's Most Convenient Bank®.In fact, 69% of consumers in the Northeast, 72% in Washington, D.C.,...
POSTED BY JOHN B. FRANK

Privacy Concerns Fail to Slow Social Activity While some users and consumer advocacy groups are up in arms over the privacy and safety issues surrounding social media, users seem unconcerned about possible dangers.  One big fear is not identity theft but marketers.  Full Arti...
POSTED BY JOHN B. FRANK

MONETT, Mo., June 29 /PRNewswire-FirstCall/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced that it has been awarded the Microsoft ISV (Independent Software Vendor)/Software Solutions Partner of the Year Award. The Microsoft Partner Awards recognize Microsoft partners that have developed...
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NEW YORK, June 29 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: The global mobile payment market is growing rapidly. An increasing number of people are utilizing their mobile phones to do banking, trading, money transfer, and commerce on a daily basis. IEMR's Global Mobile Payment Market Forecast provides a comprehensive forecast of global, regional, and country-specific...
POSTED BY JOHN B. FRANK TUESDAY, JUNE 29, 2010

With the advent of card readers for vending machines, scammers hit consumer's cards for small amount transactions and hardly anyone even noticed... Back on December 3rd 2008, in a post entitled: Major Credit Card Hack Starting?, I provided information on Adele Services and phantom "small amount" (21-29 cents) charges that began appearing on credit card statements. (see below) PIN Debit News Blog: Major Credit Card Hack Starting? Dec...
POSTED BY JOHN B. FRANK MONDAY, JUNE 28, 2010

National Strategy for Trusted Identities in Cyberspace From SFGate:  In the murky world of the Internet, how do you ever really know who you're talking to, who you're buying from, or if your bank can actually tell it's you when you log in to pay a bill?(Editor's note:  How about a peripheral card reader with built-in PIN Pad?) Amid growing instances of identity theft, bank account breaches and sophisticated Internet scams,...
POSTED BY JOHN B. FRANK

ATM hack promises teller machine jackpot AFP/File – A woman uses an Automated Teller Machine (ATM) in Los Angeles in 2008. Computer security researchers …RELATED QUOTES ^DJUSS448.75+5.80 ^IXIC2,223.480.00 ^IXK1,124.260.00 SAN FRANCISCO (AFP) – Computer security researchers are heading to Las Vegas with a software hack that gets bank teller machines to spew out cash jackpots.Barnaby Jack of IOActive is slated...
POSTED BY JOHN B. FRANK

Eminen Death Vido Leads to MalwarePosted on 28.06.2010 by Help Net Security There's a fake internet rumor, which cropped up only a couple of days ago, which says that the famous rapper Eminem (Marshall Mathers) died in a car crash. Trend Micro warns about an email claiming to come from CBS News "confirming" the rumor and giving a link for the victim to click on in order to view a related video: The "video" is actually an executable...
POSTED BY JOHN B. FRANK

Jack Henry & Associates Rebrands Pemco Technologies Acquisition  Pemco Technologies Rebranded as JHA Payment Processing Solutions(TM), a Division of Jack Henry & Associates, Inc. MONETT, Mo., June 28 /PRNewswire-FirstCall/ -- Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today...
POSTED BY JOHN B. FRANK


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