Tuesday, August 9, 2011

Mobile Commerce and Secure NFC Payment Innovator NFC Data Announces Geoff Cairns As CEO

NFC Data,Inc.,a mobile commerce and secure payments technology company,and leader in NFC information management,has announced the appointment of Geoff Cairns as its new CEO.


Chicago, Illinois August 8, 2011

geoffrey-cairns.jpgNFC Data is proud to announce the appointment of Geoff Cairns as Chief Executive Officer.

Mr. Cairns has been involved in the Silicon Valley and Pacific Northwest technology communities for twenty years and has held a number of senior leadership positions at both Microsoft and Hewlett-Packard where he successfully introduced new market, channel and product initiatives in the areas of process automation,outsourcing and in the travel and hospitality industry markets.

Geoff’s career has also benefited from having co-founded and run a Silicon Valley start-up UpCastin in the early days of blogging and collaboration. “Geoff has significant experience in early stage companies and in strategic marketing and business development, key areas for NFC Data as it moves toward commercialization,” said an NFC Data company Co-Founder.

NFC Data is bringing to market solutions that help merchants bridge the gap between mobile and physical commerce worlds. The company’s solutions help consumers save money,time,and simplify their shopping experiences while adding security.

NFC Data provides an NFC reader/writer that is also a tamperproof security device (the padloc™), a mobile promotion and loyalty management application for merchants and consumers and a consumer managed cloud-based identity and authentication service that enables the deployment of an impenetrable e-wallet,universal payments,and other social mobile commerce applications

Read more: http://nfcdata.com/blog/2011/08/07/mobile-commerce-and-secure-nfc-payment-innovator-nfc-data-announces-geoff-cairns-as-ceo/#ixzz1UXix1miu

Visa Announces Plans to Accelerate Chip Migration and Adoption of Mobile Payments

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Visa dynamic authentication roadmap will reduce fraud and enhance international acceptance

SAN FRANCISCOAug. 9, 2011 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced plans to accelerate the migration to EMV contact and contactless chip technology in the United States. The adoption of dual-interface chip technology will help prepare the U.S. payment infrastructure for the arrival of NFC-based mobile payments by building the necessary infrastructure to accept and process chip transactions that support either a signature or PIN at the point of sale.
"By encouraging investments in EMV contact and contactless chip technology, we will speed up the adoption of mobile payments as well as improve international interoperability and security," said Jim McCarthy, global head of product, Visa Inc. "As NFC mobile payments and other chip-based emerging technologies are poised to take off in the coming years, we are taking steps today to create a commercial framework that will support growth opportunities and create value for all participants in the payment chain."
Not only will chip technology accelerate mobile innovations, it is also expected to secure payments into the future through the use of dynamic authentication. Chip technology greatly reduces a criminal's ability to use stolen payment card data by introducing dynamic values for each transaction. Even if payment card data is compromised, a counterfeit card would be unusable at the point of sale without the presence of the card's unique elements. By reducing static authentication, we diminish the value of stolen cardholder data, benefiting all stakeholders.  
"Dynamic authentication is the key to securing payments into the future," said Ellen Richey, chief enterprise risk officer, Visa Inc. "Adding dynamic elements to transactions makes account data less attractive to steal and takes more merchant systems out of harm's way, shrinking the battlefield against criminals. The migration to chip technology will be an important security layer and a critical step in a comprehensive strategy to use dynamic authentication across all markets and all channels."
Globally, Visa will continue to support a range of cardholder verification methods including signature, PIN and no-signature for low-value, low-risk transactions. In the longer term, we expect that the use of static verification methods such as signature and PIN will be reduced or eliminated entirely as new and dynamic forms of cardholder verification are implemented.
Visa's plan to encourage the U.S. adoption of dynamic chip authentication technology includes the following three initiatives:
  • Expand the Technology Innovation Program to Merchants in the U.S. -- Effective October 1, 2012, Visa will expand its Technology Innovation Program (TIP) to the U.S. TIP will eliminate the requirement for eligible merchants to annually validate their compliance with the PCI Data Security Standard for any year in which at least 75 percent of the merchant's Visa transactions originate from chip-enabled terminals. To qualify, terminals must be enabled to support both contact and contactless chip acceptance, including mobile contactless payments based on NFC technology. Contact chip-only or contactless-only terminals will not qualify for the U.S. program. Qualifying merchants must continue to protect sensitive data in their care by ensuring their systems do not store track data, security codes or PINs, and that they continue to adhere to the PCI DSS standards as applicable.
  • Build Processing Infrastructure for Chip Acceptance -- Visa will require U.S. acquirer processors and sub-processor service providers to be able to support merchant acceptance of chip transactions no later than April 1, 2013. Chip acceptance will require service providers to be able to carry and process additional data that is included in chip transactions, including the cryptographic message that makes each transaction unique. Visa will provide additional guidance as part of its bi-annual Business Enhancements Release for acquirer processors to certify that their systems can support EMV contact and contactless chip transactions.
  • Establish a Counterfeit Fraud Liability Shift -- Visa intends to institute a U.S. liability shift for domestic and cross-border counterfeit card-present point-of-sale (POS) transactions, effective October 1, 2015. Fuel-selling merchants will have an additional two years, until October 1, 2017 before a liability shift takes effect for transactions generated from automated fuel dispensers. Currently, POS counterfeit fraud is largely absorbed by card issuers. With the liability shift, if a contact chip card is presented to a merchant that has not adopted, at minimum, contact chip terminals, liability for counterfeit fraud may shift to the merchant's acquirer. The liability shift encourages chip adoption since any chip-on-chip transaction (chip card read by a chip terminal) provides the dynamic authentication data that helps to better protect all parties. The U.S. is the only country in the world that has not committed to either a domestic or cross-border liability shift associated with chip payments.

Today's announcement builds on similar international programs to encourage the migration to EMV chip. In February 2011, Visa announced the Technology Innovation Program for international merchants. The program, which was available beginningMarch 31, 2011, was intended to recognize the security benefits of dynamic authentication, enabled by EMV chip, and offer tangible benefits to merchants who update their POS infrastructure to accept chip cards. Visa has now expanded this program to include U.S. merchants, but will require terminals to support both contact and contactless chip payments.  
Moving forward, as the point-of-sale payment infrastructure evolves from the static magnetic stripe to intelligent devices such as EMV chip cards and NFC mobile phones, it is critical to ensure that cardholders can continue to conduct convenient, secure and reliable payments for card-not-present transactions as well. Visa is designing its new digital wallet with "click-to-buy" functionality able to support dynamic authentication across multiple channels including the eCommerce environment. Visa will also continue to enhance intelligent network-based fraud detection tools such as Visa Advanced Authorization and cardholder transaction alerts to complement dynamic and risk-based authentication methods.‬ As always, effective fraud prevention requires multiple layers of security.
Industry Support
Today's announcement supports an increasing interest in chip technologies from across the industry:
  • "As the leading global foodservice retailer, McDonald's already has a great deal of experience with chip technology, including in the U.S. where we have deployed contactless chip terminals to help us serve our customers even faster," saidDave Weick, Chief Information Officer and SVP Shared Services, McDonald's Corporation. "We're pleased that Visa has provided a roadmap that will allow us to move towards the next generation of payment technology, while at the same time take advantage of the security benefits of EMV chip and dynamic authentication."
  • "Visa's plan to encourage chip adoption and lay the groundwork for mobile payments is a positive development," saidKevin Knight, executive vice president, Nordstrom, Inc. "We appreciate their efforts to promote improved technology so that our customers have more reliable and secure card use and payment for their purchases."
  • "There is no security silver bullet. But smartcards and smartphones using EMV adds a strong layer for payment transaction security as well as online banking, access to medical records and more," said George Peabody, director, Emerging Technologies Advisory Service, Mercator Advisory Group, Inc. "The roll-out of EMV in the U.S. gets much needed dynamic data into the authentication mix. This is a welcome step toward lowering fraud at the point of sale and online. It's time."

To read more, visit the Visa Viewpoints Blog at http://blog.visa.com/.
Click to Tweet: Visa plan to accelerate U.S. EMV chip migration, supporting mobile payment infrastructure, int'l acceptance and security bit.ly/qsFzDA.
About Visa Inc.: Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Underpinning digital currency is one of the world's most advanced processing networks — VisaNet — that is capable of handling more than 20,000 transaction messages a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa's innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit www.corporate.visa.com.
SOURCE Visa Inc.
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Visa Announces Plans to Accelerate Chip Migration and Adoption of Mobile Payments
PR Newswire (press release)
9, 2011 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced plans to accelerate the migration to EMV contact and contactless chip technology in the United States. The adoption of dual-interface chip technology will help prepare the US payment ...
See all stories on this topic »
Visa Will Use PCI Exemption to Help Push Chip Adoption
Credit Union Times
The card brand emphasized as well that the terminals will need to be able to accept both contact andcontactless card transactions and that merchants will still need to protect any card data which they store. The change in policy also carries a ...
See all stories on this topic »

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TI introduces industry's lowest power near field communication transceiver that lets developers create designs with faster, easier data transfers

TI's TRF7970A NFC platform speeds designs with easy-to-configure software that helps developers bring peer-to-peer, ultra-low-power capabilities to more applications

DALLASAug. 9, 2011 /PRNewswire/ -- Raising the standard for ultra-low-power near field communication (NFC) devices, Texas Instruments Incorporated (TI) (NYSE: TXN) today announced the industry's lowest power contactless short-range communication transceiver. Ideal for infrastructure devices, the new TRF7970A extends battery life up to 2 times longer than competitive products, as it provides eight selectable power modes ranging from <1 uA in power-down mode to 120 mA in full-power mode. The transceiver comes with easy-to-configure software to help developers get started quickly. Royalty-free stacks are compatible across a broad range of ultra-low-power MSP microcontrollers. Additionally, developers are able to directly access all control registers, allowing for easy fine-tuning of various parameters for the highest performance in every application. For more information, go to http://www.ti.com/nfc-lp-pr.
The new TRF7970A builds on TI's solid platform of RFID products by supporting peer-to-peer communication and card emulation in addition to reader/writer capability while maintaining pin-for-pin compatibility with the TRF7960. Peer-to-peer communication continues to increase in popularity in applications including medical equipment, secure pairing and payments. This allows users to more easily take advantage of continuously evolving features and apps. For example, NFC devices can configure Wi-Fi and Bluetooth® technology sessions between devices without consumer interaction, share and interact with feature- and content- rich data such as coupons at point of sale, and allow consumer devices to easily exchange files and contacts.
Features and benefits of the TRF7970A NFC platform:
  • Industry's lowest power NFC device supporting up to 2 times longer battery life with eight selectable power modes (Power modes range from <1 uA to 120 mA)
  • Supports a wide range of communication options with peer-to-peer communication, reader/writer capability and card emulation
  • Supports two crystal oscillator frequencies: 13.56MHz or 27.12MHz frequencies give engineers more flexibility in speed and cost options for their designs
  • Large 128 byte FIFO buffer for NFC communications allows developers using microcontrollers with low MHz to create products capable of handling large data transfers
  • Compliance with ISO/IEC 18092 and ISO/IEC 21481 standards gives developers the ability to create globally interoperable products
  • NFC software stack libraries and an innovative RF field detector allow for easy development efforts and robust, cost effective designs
  • NFC Peer-to-Peer Initiator as well as Active and Passive Target Operation are available for MSP430™ microcontrollers
  • Supports multiple reader/writer protocols and includes demo software stacks for reader/writer mode ISO/IEC 15693, ISO/IEC 18000-3, ISO/IEC 14443A/B and FeliCa

Pricing and availability
TI's new TRF7970A NFC development kit is immediately available for order at www.ti.com/nfc-pr-es and priced at USD $99.
TI's Radio Frequency Identification Systems is an industry leader in RFID technology. With more than 1 billion RFID tags and more than 100 million RFID reader devices manufactured, TI's RFID technology is used in a broad range of applications worldwide. Designers can accelerate time to market by tapping into TI's complete software and hardware tools, extensive third-party offerings and technical support.
Find out more about TI's RFID solutions and support by visiting the links below:

About Texas Instruments
Texas Instruments semiconductor innovations help 80,000 customers unlock the possibilities of the world as it could be – smarter, safer, greener, healthier and more fun. Our commitment to building a better future is ingrained in everything we do – from the responsible manufacturing of our semiconductors, to caring for our employees, to giving back inside our communities. This is just the beginning of our story. Learn more at www.ti.com.
MSP430 is a trademark of Texas Instruments Incorporated. All registered trademarks and other trademarks belong to their respective owners.
SOURCE Texas Instruments Incorporated

Sovereign Bank Announces Debit MasterCard® Major League Baseball® World Series® Sweepstakes

The Major League Baseball logo.Image via Wikipedia

Three winners will receive a trip for two to a 2011 Major League Baseball® World Series® game

BOSTONAug. 9, 2011 /PRNewswire/ -- Sovereign Bank, a wholly owned subsidiary of Banco Santander, today announced the new limited time only Sovereign Bank Debit MasterCard® Major League Baseball® (MLB) World Series® Sweepstakes.  The winner of the sweepstakes will receive a three-day, two-night trip for two to a 2011 MLB® World Series® game.
"We entered 2011 with a commitment to rewarding our loyal customers for making everyday purchases," said Eduardo Tobon, Head of Santander's U.S. Cards Division.  "We want customers to feel motivated and excited to use their Sovereign Debit Card every day. The MLB® World Series® Sweepstakes is another great opportunity for Sovereign Checking Account holders to win a priceless experience as a result of banking with Sovereign Santander."
From August 1 through September 15, 2011, Sovereign Consumer Debit MasterCard customers will receive one entry into the sweepstakes each time they use their card to make a purchase.  Transactions using a Sovereign Business Debit MasterCard are not eligible for entries into the sweepstakes.
Winners of the sweepstakes will receive one of three Grand Prize packages, including:
  • Two round-trip coach flights
  • Transfers to/from the airport in city of event
  • Three-day/two-night double-occupancy five-star hotel accommodations
  • On-site concierge
  • Two tickets to the World Series® game
  • Access to watch batting practice from the field
  • $600 pre-paid MasterCard Gift Card (one per package)
  • Welcome reception and select meals
  • Priceless Moments Collection gift bag (one per package)
  • Breakfast daily in the hotel

The sweepstakes is open to new and existing Sovereign Consumer Bank Debit MasterCard customers, and the general public.  No purchase is required to participate in any sweepstakes Sovereign Bank sponsors.
The complete list of sweepstakes prize details and Official Rules are available at www.sovereignbank.com/mlbsweepstakes.
All Sovereign Debit MasterCard Cards come with special benefits for consumers, including Purchase Assurance Coverage, Extended Warranty and Satisfaction Guarantee.  Consumer Debit MasterCard holders also have access to special travel services and emergency roadside assistance, while Business Debit MasterCard members get added rental insurance and liability protection.
About Sovereign and Santander
Santander Holdings USA, Inc. (SAN.MC, STD.N) is a wholly owned subsidiary of Banco Santander, S.A. and is the holding company for Sovereign Bank and Santander Consumer USA. Santander is a retail and commercial bank, headquartered inSpain, with a presence in ten main markets: SpainPortugalGermany, the UK, PolandBrazilMexicoChileArgentina and the U.S. Founded in 1857, Santander has 92 million customers, approximately 14,000 branches –– more than any other international bank –– and over 170,000 employees. For more information on Santander, visit http://www.santander.com.
Sovereign Bank, a subsidiary of Banco Santander, S.A., is a financial institution with principal markets in the northeastern United States. Sovereign has more than 700 branches, nearly 2,300 ATMs, and approximately 8,000 team members. For more information on Sovereign Bank, visit http://www.sovereignbank.com or call 877-SOV-BANK.
SOURCE Sovereign Bank

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Launch of PlayStation® Network Card Supported by InComm

Now available at more than 13,000 stores nationwide

ATLANTAAug. 9, 2011 /PRNewswire/ -- InComm, the leader in sales and marketing of prepaid products and innovator of transaction processing, has started its service for Sony Computer Entertainment's "PlayStation® Network Card." As of July 25, the cards are available for sale throughout Japan in over 13,000 retail stores that are also supported by InComm's innovative point of sale activation (POSA) technology.
The PlayStation Network Card is a prepaid card that can be used to purchase digital content. The value of the card will be transferred to the user's PlayStation Network wallet by entering the 12-digit number printed on the card. Funds in the user's PlayStation Network wallet will allow users to purchase products like games and videos available through the PlayStation Store. The PlayStation Network Card is available in 3,000 yen5,000 yen and 10,000 yen denominations.
InComm's Fastcard POSA technology allows retailers to activate prepaid cards at the point-of-sale, eliminating the risk and cumbersome control procedures required for maintaining an inventory of value bearing cards. It also allows prepaid cards to be displayed for sale without the risk of theft and shrinkage. Using this POSA technology, card issuers also have the opportunity to leverage card design in marketing the cards.
About InComm
InComm is the industry leading marketer, distributor and technology innovator of stored-value gift and prepaid products using its state-of-the-art point-of-sale transaction technology and payment solutions to revolutionize retail product sales and customer experiences. With nearly $13 billion in retail sales transactions processed in 2010, InComm is the nation's largest provider of gift cards, prepaid wireless products, reloadable debit cards, digital music downloads, content, games, software and bill payment solutions. InComm partners with consumer brand leaders around the world to provide more than 225,000 retail locations the products and services their customers demand. Since 1992, InComm's patented technologies have made the buying process easier for consumers, while streamlining the selling process for product and retail partners. InComm is headquartered in Atlantawith offices in Australia/New ZealandBrazilCanadaJapanMexicoPuerto Rico, the United KingdomArkansasCalifornia,ColoradoFloridaMinnesotaOregon, and Texas. To learn more about InComm, visit www.incomm.com or call (800) 352-3084.  Visit InComm Japan at www.incomm.co.jp.

Global Payout to Launch Civilian Payroll Debit Card for U.S. Employers

Credit cardsImage via Wikipedia
SAN DIEGOAug. 9, 2011 /PRNewswire/ --

Global Payout, Inc. (OTC Pink: GOHE) is launching payroll debit cards to U.S. companies  seeking to significantly reduce costs and improve efficiencies in payroll processing to its employees.

The company will conduct an outbound telemarketing campaign beginning September 6, 2011 that will include contacting over 12,000 civilian U.S. companies in construction, hospitality, waste management, janitorial and employment agencies.
"Payroll debit cards have gone main-stream by catering to people who are underserved or un-banked," stated Jim Hancock, Global Payout Chief Executive Officer.  "Nearly one in five Americans are un-banked and the number is growing.  Our company is positioning itself for rapid growth based upon the estimated amount of money loaded onto prepaid cards that will reach $552 billion in 2012 from $330 billion three years earlier".
The payroll debit card will enable employees without bank accounts to access cash immediately on payday without the expense and time of cashing checks.  Employees will be given a free payroll debit card that can access cash at ATMs nationwide and purchase products and services at merchants or online stores.  There will be no monthly service fee, customer service or point of sale fees and the first ATM withdrawal is free for each pay period.  The company will offer a surcharge free ATM network that will enable employees to withdraw cash at 43,000 locations nationwide without a surcharge fee.  All cardholders will be able to access their accounts and transfer money from their cell phone or the internet.  In addition, each cardholder will be automatically enrolled in a comprehensive medical and pharmacy discount program linked with 410,000 physicians and 59,000 pharmacies.  Employers will not be charged for cards, set-up or loading of payroll debit cards.
About Global Payout, Inc.:
Global Payout, Inc., www.globalpayout.com, headquartered in San Diego, California, is a payment solutions provider offering U.S. and International companies electronic payment and prepaid debit card solutions. Through Global Payout's processors and solution providers the company offers an international payment platform allowing accountholders to move money to personal bank accounts in over 200 countries. In addition, the company provides for U.S. and International debit cards, allowing accountholders without bank accounts to access funds worldwide. As a program manager and reseller, Global, is a provider of prepaid debit cards in the U.S. for payroll and general spend programs.
Forward-Looking Statements Disclosure:
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, award looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will" and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risk, and uncertainties, and by reference to the underlying assumptions.
Joe SeboChief Financial Officer
Global Payout, Inc.
SOURCE Global Payout, Inc.

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VeriFone to Report Third Quarter Fiscal 2011 Results on September 6, 2011

Reschedules Earnings Webcast and Call to Avoid Holiday Conflicts
SAN JOSE, Calif.--(BUSINESS WIRE)--VeriFone Systems, Inc. (NYSE: PAY) has rescheduled the release of its financial results for the third quarter of fiscal 2011 to avoid conflicts caused by the Labor Day holiday in the U.S. Third quarter results will now be released after the market closes on September 6, 2011.
The management of VeriFone will host a conference call to review the financial results on September 6, 2011, at 1:30 pm (PT). In addition to discussing VeriFone's third quarter results, management may provide forward looking guidance on the call.
To access the audio webcast with slides, please go to VeriFone's website (http://ir.verifone.com) at least ten minutes prior to the call to register. The recorded audio webcast will be available on VeriFone's website until September 13, 2011.
To hear the live conference call by phone, please dial the following numbers:
Domestic callers:866-383-8119
International callers:+1-617-597-5344
Passcode:5906 2925
To hear a replay of the conference call, which will be available until September 13, 2011, please dial the following numbers:
Domestic callers:888-286-8010
International callers:+1-617-801-6888
Passcode:5318 2094

John Postle Named General Manager of JHA Payment Processing Solutions

Image representing Jack Henry & Associates as ...Image via CrunchBase

Recently created executive position provides oversight of one of Jack Henry & Associates' fastest growing business lines -

MONETT, Mo.Aug. 9, 2011 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY), a leading provider of technology solutions and payment processing services primarily for financial services organizations, today announced that John Postle has been named to the recently created position of general manager of its JHA Payment Processing Solutions® (PPS) division. PPS encompasses Jack Henry & Associates' jhaPassPort suite of ATM and debit transaction processing services, and the payment processing services added through the company's October 2009 acquisition of Pemco Technologies.
Mr. Postle has served for the past 10 years as the manager of the jhaPassPort business line and was instrumental in the acquisition of Pemco Technologies. Effective July 1, 2011, he began providing executive oversight of the development, quality assurance, support, installation, operations, communications, and education departments that support PPS. In his expanded role, he joined the company's senior management team that encompasses functionally aligned general managers, and he will report to Tony Wormington, president of Jack Henry & Associates.  
According to Mr. Wormington, "Our PPS business lines continue to experience significant growth in the marketplace and are now processing approximately two billion transactions a year. This strategic business line now generates 19 percent of our company's revenue, so designating a dedicated general manager for this growing business is the best interest of our more than 1,000 financial institution clients and our company. John's extensive experience and working knowledge of ATM, debit card, and credit card transaction processing uniquely qualifies him for this new position. We are confident that John will make ongoing tactical and strategic contributions to this important and growing component of our business."
Mr. Postle's career began in 1978 as a part-time drive-in teller while attending college at the University of Houston. His banking career progressed to roles of increasing operational responsibility including opening a de novo bank in 1985 as vice president/cashier. Following his banking career, Mr. Postle joined a software company in 1998 as chief financial officer and gained experience in mergers and acquisitions which eventually lead to a software firm catering to active traders where he served as a registered representative managing operations of a hosted data center for broker/dealers. He holds a BBA in Finance and lives in Houston, Texas with his wife Kellie and their two sons, Reid and Morgan.  
About JHA Payment Processing Solutions (PPS)
JHA Payment Processing Solutions provides payment solutions to the financial industry including ATM, debit, and credit card transaction processing services. These innovative solutions include one of the largest switches in the United States, online real-time transaction authorization and processing, signature and PIN-based processing, access to one of the credit union industry's largest surcharge-free ATM networks, in-house and outsourced fraud prevention and detection solutions, cardholder awards programs, card program management and profitability solutions, card manufacturing and personalization, instant issue and activation, marketing materials and programs, and renowned customer service. Additional information is available atwww.weknowpayments.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for financial services organizations. Its technology solutions serve more than 11,200 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. iPay Technologies™ operates as a leading electronic bill pay provider supporting banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms.  Additional information is available atwww.jackhenry.com.

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Research and Markets: Top Revenue Mobile Commerce Applications 2011-2016

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Top Revenue Mobile Commerce Applications 2011-2016" report to their offering.
Mobile commerce is enabled by a combination of technologies including networking, embedded systems, databases, and security. We provide a technology evaluation including an analysis of the major systems and components. We evaluate emerging business opportunities in m-commerce including:
  • 3D Virtual m-commerce
  • Location and m-commerce
  • M-commerce in healthcare
  • Mobile commerce and cloud computing
The report provides analysis of the current and the future market of mobile commerce applications. It identifies market opportunities and forecasts to 2016 for mobile commerce applications. It evaluates key issues and concerns such as security and privacy. It analyzes global market dynamics through within specific regions and countries. It evaluates mobile commerce applications by category including: payments, mobile banking, education, Enterprise resource planning (ERP), entertainment, health care, inventory tracking and dispatching, traffic, travel and ticketing.
  • Mobile Network Operators
  • Mobile Software Developers
  • OSS/BSS Solution Providers
  • Handset and Tablet Manufacturers
  • Mobile Payment Service Providers
  • Content and Applications Aggregators
  • Wireless Privacy and Security Specialists
  • Mobile Marketing and Advertising Providers
  • Telecommunications Infrastructure Providers
Companies Mentioned:
  • Nexus
  • Nokia
  • Sagam
  • Pantech
  • Samsung
  • Hedy
  • Shanghai Simcom
  • Motorolla
  • Axia
  • Casio


Research and Markets
Laura Wood, Senior Manager,
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Retail Decisions Announce Board Change

  • Carl Clump appointed Group Chairman
  • Former First Data Executive Paul Stanley, becomes CEO
LONDON--(BUSINESS WIRE)--Retail Decisions (ReD), a world-leader in payment fraud prevention and payment processing, has announced changes to its Board which will see Carl Clump become Group Chairman and Paul Stanley appointed Chief Executive Officer.
http://www.redplc.comPaul Stanley joins as CEO from 1st August. Paul joins from First Data International, where he last served as Managing Director and Senior Vice President of its financial services business for the European, Middle Eastern, African and Asian regions. Prior to that, Paul was a director at LINK Interchange Network Ltd, and CEO of Moneybox Plc.
Paul brings to ReD a long-standing track record as an executive and entrepreneur in payments businesses globally. His international experience will be valuable in leading ReD to its next phase of international growth.
“Paul Stanley, CEO said I am very excited to be joining the ReD team at this key point in the development of the business. Risk management, security and fraud protection in payments are significant growth areas in the industry and ReD has developed unique intellectual property and a strong team to address this market. I am grateful to Carl for his outstanding leadership of the business over the last 11 years, and look forward to working with the team to deliver further growth and success.”
After over eleven years as CEO, guiding ReD through a period of sustained growth internationally, Carl Clump takes on the role of Group Chairman. Amongst Carl’s responsibilities will be further developing the Asia Pacific market.
Carl Clump, Group Chairman of ReD, said: “Year on year since 2000, ReD has seen astounding growth of 18% compound growth in revenues and a 39% compound increase in operating profit, prior to the company refocusing on its fraud prevention business. It’s a credit to all our staff over the years, and I would like to thank them all very publicly. ReD has transformed from being a card present UK centric fraud prevention provider to a global leader in e-commerce fraud prevention and payment processing, serving many of the world’s largest multi-national blue chip brands. It has been an honour to serve as CEO and I look forward to my new role as Group Chairman and wish Paul Stanley every success for the future.”
About ReD
Retail Decisions (ReD) is a world leader in payment fraud prevention and payment processing. A specialist supplier to the payments industry worldwide, ReD has over 21 years experience in the fraud prevention market. Its blue-chip international clients come from the global telecommunications, retail, travel, petroleum, banking and the broader e-commerce sectors. They include Air China, Comet, John Lewis, Shell, Tesco Mobile, Chevron, T-Mobile, Virgin Mobile and Walmart.
The company has offices in Australia, China, South Africa, United Kingdom and United States, with representation in India, Korea, Japan and South America.
More information about ReD please visit: www.redplc.com

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