Thursday, September 13, 2012

International Merchant Services Selects Phoenix Managed Networks for PhoeniXSentry

Reston, VA, September 13th 2012: International Merchant Services (IMS) has signed a multi-year deal with Phoenix Managed Networks for PhoeniXSentry.

IMS, a payment processing consultancy that tailors processing packages for companies’ specific needs, has incorporated PhoeniXSentry, Phoenix’s PCI compliant cloud based network management service and built in firewall router, into its existing suite of services. PhoeniXSentry will be made available to its 500+ clients that consist of ISO’s, financial institutions and merchants as a recommended PCI compliant, fully managed, transaction network solution.

Dan Budhoo, Director of Sales, North America for Phoenix Managed Networks, commented “Recent estimates show that Cybercrime costs the consumer $110 billion last year globally1 and a retailer’s network is a prime target because of the sensitive data they hold. PheoniXSentry has been developed to protect payments at multiple retail locations and to simplify network security. We are delighted to have signed this unique deal with IMS as they have excellent market standing and a client base that will benefit from extra data security from the point of sale. As a master reseller IMS services multiple clients within the payment cycle which will expose the unique value-added features of PhoeniXSentry to all the major stakeholders within the payments industry.”

PhoeniXSentry is a fully managed, end-to-end, cloud based payment transaction network which is fully PCI compliant. The solution incorporates a built in firewall which works on any internet connection and ensures that all on-site network traffic is totally secure. The solution requires no technical expertise on behalf of the user to install making it an affordable monthly fee making it an ideal service for small-to-medium sized enterprises (SME’s).   

Budhoo added: “Achieving PCI compliance is becoming increasingly complicated for SME’s who don’t have the huge resources of expertise that larger organisations are privy to. As a result we are seeing data breaches amongst SME’s increase and PhoeniXSentry has been developed specifically to help vulnerable organisations achieve PCI compliance. This exciting partnership with IMS will enable more merchants to access the unique solutions that PhoeniXSentry has to offer.”

Gene Lieb, Manager of IMS, commented: “Working with Phoenix Managed Networks is extremely beneficial for our company and our clients for whom PCI compliance is an important issue. We continually look to partner with state of the art companies that can help agents increase income while providing superior services. This partnership is a perfect example.”

END

About Phoenix Managed Networks
Phoenix Managed Networks is a global provider of payments communications, gateway and payment support services, delivering a state-of-the-art, reliable and cost effective solutions connecting retailers with the world's banks, acquirers and processors. Founded in January 2010 with its global headquarters located in Reston, Va., Phoenix has been highly successful in advocating a combination of quality, innovation and uncompromising customer care.

About International Merchant Solutions, LLC
International Merchant Solutions (IMS) is a consultancy providing payment processing solutions for all types of businesses, including those considered non-traditional or high risk. Through dependable relationships with partnering banks and vendors, the company offers a variety of creative services including merchant accounts, credit card processing, ACH and check services, international accounts, compliance solutions, financing, cash advance, reward programs, chargeback retrieval services and much more. With over 20 years of industry experience, IMS’s blueprint for success is built on offering their agents the benefits of no exclusivity, unsurpassed high-risk expertise, value-added services and excellent technical/customer support. For more information on International Merchant Solutions and the services they offer, visit www.officialims.com or call 800-313-2265.

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Payment Solutions Expert Verifi Partners with Jumio To Fight Fraud





Verifi to offer Jumio`s Netverify and Netswipe card scanning solutions through the Verifi platform

Los Angeles and Palo Alto, CA, September 13, 2012 - Risk management and payment gateway company Verifi today announced that it is integrating Jumio's Netswipe® and Netverify™ solutions into its industry-leading suite of risk management products. This partnership is believed to be the first time card and ID scanning technology is being deployed to reduce friendly fraud chargebacks in card-not-present environments.

Friendly fraud occurs when a consumer makes a card-not-present purchase with a credit card and later disputes the charge with their card company once the item is received. It is a substantial problem costing businesses millions of dollars each year. Jumio’s Netswipe and Netverify products combat this by providing a user-friendly process for consumers to use their webcam or smartphone camera to scan and validate cards and IDs during the checkout process. The entire scanning and validation process usually takes only 4 to 5 seconds.

By partnering with Jumio, Verifi will offer an extra layer of security on one integrated platform without negatively impacting the buyer experience during the checkout and protecting and positively impacting the merchant. With this added security layer, Verifi hopes to be able to win more chargeback disputes for its clients and reduce overall fraud exposure.

"Verifi has always delivered our clients the most sophisticated fraud control and payment solutions and our partnership with Jumio continues on in that tradition.

Our partnership with Jumio helps to ensure that users are who they say they are", says Matthew Katz, President and Chairman of Verifi.

Adds Jumio founder and CEO Daniel Mattes, "Jumio's ability to verify IDs and credit cards in near real-time with a great user experience enables Verifi clients to focus on what they do best and not worry about fraud or KYC issues".

About Verifi

Verifi™ is a leading provider of global electronic payment and risk management solutions for card-not-present merchants. The highly customizable payment and real-time reporting platform serves as a foundation for Verifi’s suite of fraud solutions and risk management strategies. With a commitment of reducing risk while increasing profitability for clients, Verifi’s multi-layered approach enables transaction risk management and mitigation, business optimization strategies, cardholder authentication and chargeback re-presentment for all major credit card brands. Verifi is PCI Level 1 certified and headquartered in Los Angeles, California. For more information on Verifi, please visit: www.Verifi.com <http://www.verifi.com/> or email us at Info@Verifi.com <mailto:Info@Verifi.com> .

About Jumio

Jumio® Inc. offers next generation online and mobile credit card payments validation and ID verification products for retailers, financial institutions and governmental agencies. Designed to increase revenue, reduce fraud, and streamline customer experiences, Jumio utilizes patent-pending computer vision technology to validate and facilitate transactions while providing unprecedented levels of consumer convenience and data security. Jumio's Netswipe® enables customers to scan their cards in online and mobile checkout resulting in increased revenue and reduced fraud for the merchants. Netverify™ supports real-time ID verification in over 60 countries to help clients meet a variety of know-your-customer requirements. The company was founded in 2010 by CEO Daniel Mattes and is backed by top tier investors including Andreessen Horowitz, Citi Ventures and Facebook Co-Founder, Eduardo Saverin. Headquartered in Palo Alto, California Jumio operates globally with offices in the US, Europe and Asia.

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To provide you with an idea of the power behind our technology, we recently announced the upcoming release of NFLNews*.com (* denotes the name of the team)  So let's use the search term: "NFL News for All 32 Teams."  Relatively generic, and keep in mind we're competing with the likes of The NFL, ESPN, NBCSports, CBSSports, YouTube, Wikipedia, ABCSports, and myriad other established sites.


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Out of 1.05 Billion Search Results,

IMI is #7 and #8 (see below)

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39 "Mobile Payment News" Stories for Sept 13, 2012

ePaymentNews  for "Mobile Payment"

Carbon Credits International Continues Pursuit of Non-Profit Market Niche ...
The Herald | HeraldOnline.com
13, 2012 /PRNewswire/ -- Carbon Credits International, Inc. (PINKSHEETS: CARN) ("CCI" or the "Company") developer of Text-A-Day, a mobile payment solution technology, announced that the company continues to see a heightened interest in its mobile ...
See all stories on this topic »
Mobile payment to improve banking services
Zambia Daily Mail
By KALONDE NYATI The Bank of Zambia (BoZ) says there is need to ensure that anti-money laundering and counter-terrorism financing regulations are in place in the advent of mobile payment systems in the country. BoZ deputy governor for administration ...
See all stories on this topic »

Zambia Daily Mail
Payment scheme targets mobile shopping cart abandonment
InternetRetailer.com
Merchants sign up for acceptance via companies that already offer mobile payment services, such as CardinalCommerce Corp., which is testing the service with some of its merchants. Hariramani would not say which other companies Payfone is in ...
See all stories on this topic »
Mobile payment service mHITs Remit reduces fees on money transfer between ...
PRWire
mHITs (pronounced Em-HITS), a pioneering developer and operator of mobile payment services, has announced that it's Australian SMS mobile wallet service has reduced fees on money transfer services between Australia and the Philippines. The new fee ...
See all stories on this topic »
India's payment authority opens mobile payment service to merchants
Mobile Payments Today
The National Payments Council of India, the umbrella organization for that country's payment systems, is expanding its Inter-Bank Mobile Payment Service electronic transaction network to include merchant payments by consumers. Now customers of the ...
See all stories on this topic »
POS-maker ShopKeep to add Dwolla, LevelUp mobile payment options
Mobile Payments Today
ShopKeep POS this week announced plans to incorporate Dwolla and LevelUp mobile payments into its iPad POS solution. This will give Dwolla and LevelUp users the ability to pay with their mobile phones at more than 3,000 ShopKeep POS merchants.
See all stories on this topic »
New Payment Processing Services For Camera And Photography Supply Stores
Equities.com
Also, this means that the store can offer credit card machines and credit card terminals for some additional cash. By being able to accept a mobile payment through mobile credit card processing, the merchant is not limited to accepting credit cards at ...
See all stories on this topic »
M-payment joint venture in the UK gets the go-ahead
Telecompaper (subscription)
The preliminary investigation had indicated potential competition concerns in the markets of mobile payment applications, mobile advertising and related data analytics services. However an in-depth investigation has led the EC to believe the JV will ...
See all stories on this topic »
Mobile commerce sales boom in China
Warc
"Most mobile businesses and mobile payment products have only been deployed on a trial basis," said William Chou, managing partner, technology, media and telecommunications at Deloitte China. "Generally speaking, the industry is still at the ...
See all stories on this topic »
Payair launches m-payment services in southern Europe
Telecompaper (subscription)
Swedish mobile payment service provider Payair Technologies has signed a partnership agreement with a Swiss-Italian payment service industry team. Payair South Europe will serve as the branded provider of Payairs' suite of mobile payment services in ...
See all stories on this topic »
NBS Technologies Announce Installation of Trusted Service Manager
Equities.com
"The mobile payment market is rapidly expanding and NBS is uniquely positioned to enable our clients to meet the needs of their customers," said Mike Fisher, NBS Software General Manager. "NBS has several years of experience working with Near Field ...
See all stories on this topic »
Moms And Smartphones; Back To School Mobile Shopping
Business 2 Community
The number of school age children appears to impact shopping behavior with 36% to 39% using their phones to shop online. The evolution of both the mobile payment process and mobile shopping apps has facilitated the mobile shopping experience.
See all stories on this topic »
Facebook, Google and ShopRunner Share Advice with Retailers
EcommerceBytes
The session, modered by Kara Swisher, co-producer/co-host of the Wall Street Journal's column D: All Things Digital, focused on the demand placed on online retailers by constantly evolving new technologies including mobile devices, mobile payment ...
See all stories on this topic »

EcommerceBytes
New Google Wallet API makes mobile shopping easier
Mobile Payments Today
Features. Fiserv launches SpotPay mobile payment solution · MasterCard acquires offer, loyalty platform Truaxis · Personetics makes banking a multichannel affair · » View More Features. News. New Google Wallet API makes mobile shopping easier ...
See all stories on this topic »
Digital marketers "let down" by underwhelming iPhone5
B&T Marketing & Media
While the industry believed the new phone would almost certainly include the technology, which enables communication between mobile phones and static chips and is increasingly used in outdoor marketing and mobile payment systems, it didn't feature in ...
See all stories on this topic »
Is PayPal Really Sorry?
The motley Fool (blog)
Other established players like Visa (NYSE: V) and MasterCard (NYSE: MA) are not only getting into the mobile payment game but also benefit from developing names that customers can trust, and more importantly, not freezing their accounts at the drop of ...
See all stories on this topic »
What is Passbook?
Recombu
Could Passbook be used as a mobile payment system? Apple hasn't made any reference to Passbook working as payment system, it's merely to store tickets and loyalty cards. But Apple by its own admission has got 400 million users credit card details, so ...
See all stories on this topic »
Transaction Express(TM) from TransFirst® Now Supports ACH
IT News Online
Future enhancements planned for Transaction Express include the addition of mobile payment capabilities through PayFox®, TransFirst's mobile payment application. About TransFirst (www.TransFirst.com): A leading provider of secure transaction processing ...
See all stories on this topic »
iPhone 5: 5 reasons not to get it
Know Your Cell
For example, there are multiple companies trying to make your phone act as your wallet through mobile payment systems but you won't be able to use things like ISIS or Google Wallet on the iPhone 5 because it lacks NFC. I'm sure that Apple is going to ...
See all stories on this topic »
Gimme 5: Stores brace for iPhone frenzy as record amount of orders are ...
Evening Standard
The paper warned the device risks losing its status as a "trendsetter" because it doesn't have "several features that are becoming standard across other smartphones" such as mobile payment technology and an even bigger screeen. Tweet. Comments ...
See all stories on this topic »
Google Wallet Yanks Prepaid Cards – 5 Important Questions
iTechPost
... Prepaid Cards – 5 Important Questions. By Prarthito Maity | September 12, 2012 9:47 AM EDT. Attendees watch a demonstration of the Google wallet application during a news conference unveiling the mobile payment system in New York May 26, 2011.
See all stories on this topic »

iTechPost
ANALYST: Facebook Has A Big New Problem You Need To Worry About
Business Insider
New target weights a DCF in which no credit is assigned for future mobile payment revenues or for growth in U.S. core traffic engagement. Our target also reflects two additional downside scenarios, a) a 50% reduction in our mobile ad ests. and b) a ...
See all stories on this topic »

Business Insider
The real cost of Apple's Passbook
ITProPortal
Previously, I've expressed my fears about how mobile operators will own you like a slave if mobile payment eventually heads in the obvious direction – and you end up running your tab through them (if you think the banks are gougers, wait until you're ...
See all stories on this topic »

ITProPortal
Card-Linked Local Offers Platform Edo Raises $15M Series C
TechCrunch
With the new funding, edo will specifically target the local SMB market, and plans to scale through partnerships with merchant acquirers, mobile payment providers, and media publishers. The company competes with Cartera Commerce, which reaches some ...
See all stories on this topic »
Students talk startups at job crawl Tuesday
Times-Delphic
After attending the event its inaugural year, Weiler got involved with Dwolla, a website that provides an online payment system and mobile payment network. Though she is looking for internships and post-graduation jobs, she too cited networking as a ...
See all stories on this topic »

Times-Delphic
Did Apple's underwhelming iPhone 5 announcement open the door for Windows ...
ZDNet
Apple had an opportunity to present NFC to the world and make it useful, but now that ball is in Microsoft's court to make their Wallet hub a serious contender in the mobile payment and financial management space. I was going to buy an iPhone 5 if ...
See all stories on this topic »
Indian stocks to watch-Sept 13
Reuters India
FACTORS TO WATCH * India RBI deputy governor H.R. Khan to attend the launch of interbank mobile payment service of Punjab & Maharashtra Co-operative Bank Ltd. (0630 GMT) INDIAN STOCKS TO WATCH NOTE: Reuters has not verified third-party ...
See all stories on this topic »
Navtej Singh of Tagit wants to be Asia's mobile banking czar
SGentrepreneurs (press release)
In Kuwait, they have developed a mobile payment aggregator app in collaboration with a local partner. This is just the beginning. Besides signing up more banks as customers, Tagit plans to go full-force into the mobile payments space by creating apps ...
See all stories on this topic »

SGentrepreneurs (press release)

Blogs7 new results for "Mobile Payment"
Mobile payment to improve banking services in Zambia | Mobile ...
By Editor
ZAMBIA DAILY MAIL. The Bank of Zambia (BoZ) says there is need to ensure that anti-money laundering and counter-terrorism financing regulations are in place in the advent of mobile payment systems in the country. BoZ deputy governor for ...
Mobile Money Africa
Banks Participate in Mobile-Payment Project
By Ian Chen
11, 2012 (CENS)–The Financial Supervisory Commission (FSC) has agreed to allow banks buying into mobile payment platform company organized by five major telecom carriers and EasyCard Corp, so as to tap the massive mobile-payment ...
Chinese Taipei
Billhighway Intorduces New Mobile Fundraising App For Nonprofits ...
By Matt Roush
The live presentation demonstrated how the Give mobile fundraising application provides a better way to collect donations, with even more nonprofit functionality than existing mobile payment solutions. Give enables donors to safely and ...
CBS Detroit
Where are Untapped Opportunities in E-Commerce? | IP Carrier
By Gary Kim
Of those three general areas of interest, mobile is directly involved with two of three, which explains the growing interest in mobile commerce, as distinct from simple mobile payment. Perhaps because there now seem to be many viable ...
IP Carrier
Transaction Express&trade; from TransFirst&reg; Now Supports ACH
By WDM Group PR Network
Future enhancements planned for Transaction Express include the addition of mobile payment capabilities through PayFox®, TransFirst's mobile payment application. About TransFirst (www.TransFirst.com): A leading provider of secure ...
Press Releases
The top rated payment gateway Sale | Public Interfaces
By yinfan
Mobile Payment Software (e.g. iPhone). Remember when you choose a Cheap Tiffany Bracelets payment gateway service you are selecting a service to process your customer payments which is the lifeline of your business. Merchants can ...
Public Interfaces
Cheer up Zuck | Bango blog
By Richard Leyland
Like this: Like. Be the first to like this. This entry was posted in Apps, html5, Mobile payment, Mobile web. Bookmark the permalink. ← Skype to launch operator billing. Leave a Reply Cancel reply. Enter your comment here... Please log in using ...
Bango blog

Web4 new results for "Mobile Payment"
CorFire Delivers Completely Virtual Mobile Payment Capabilities to ...
CorFire Delivers Completely Virtual Mobile Payment Capabilities to Support Dunkin' Donuts' Mobile App.
www.corfire.com/.../CorFire-Delivers-Completely-Virtual-Mo...
VeriFone Launches SAIL Developer Portal For Mobile Payment ...
VeriFone has announced the launch of the SAIL Developer Portal, an open platform that offers mobile application developers and technology providers the ...
www.retailtouchpoints.com/.../1846-verifone-launches-sail-de...
African central banks to adopt national mobile payment platform
AFRICAN central banks may soon consider a national mobile payment platform as part of measures to aid international transactions, even as stakeholders in the ...
www.guardiannewsngr.com/index.php?...
With New Funding, Germany's Payleven Sends Mobile Payment App
With a new round of capital, Payleven, the Square Inc . clone from Germany's Rocket Internet incubator, is expanding its mobile payment service to multiple ...
pevc.dowjones.com/Article?an...cid=32135017&amp;ctype...



The Number One Roadblock to a Mobile Payment Boom Wall Street Daily

ePaymentNews for NFC Mobile Payment

UAB creates system to bolster mobile payment security, personal info
NFCNews
The new software — developed under director and founder of UAB's Security and Privacy In Emerging Computing and Networking Systems (SPIES) Nitesh Saxena — is capable of determining the distance between a valid transaction reader and NFC phone.
See all stories on this topic »
No NFC? No big deal
Telecoms.com (blog)
Does it matter if the iPhone 5 has no NFC? For mobile payment evangelists it is a snub, but it is unlikely to halt the advance of contactless payments, which is less reliant on the use of a mobile device than it is on the ubiquity of suitably-equipped ...
See all stories on this topic »
Altierre Announces NFC-Enabled Price Tags and Digital Signs
PYMNTS.com
NFC is a standards-based connectivity technology that enables interactivity with smart phones, facilitating communication and mobile payments. Altierre's NFC- embedded technology opens the way for shoppers to scan electronic price tags and digital ...
See all stories on this topic »
TOTAL SYSTEM SERVICES, INC. : TSYS Poised for NFC Payment Solution With ...
4-traders
TSYS (NYSE: TSS) announced today the introduction of its Near-Field Communication (NFC) capabilities in North America in preparation of a launch with CIBC. The TSYS NFC Payment Solution enables real-time mobile account creation, mobile device ...
See all stories on this topic »
BWIN.PARTY DIGITAL ENTERTAINMENT PLC : CQR unveils NFC enabled ...
4-traders
CQR Payment Group and DeviceFidelity, in partnership with MasterCard, today announces the commercial launch for the European version of moneto, the direct to consumer NFC prepaid mobile wallet app for the iPhone. Showcasing the solution at the 2012 ...
See all stories on this topic »
The Number One Roadblock to a Mobile Payment BoomWall Street DailyA reader recently emailed, "Do you believe the transition to electronic cash, digital payments and mobile payments will wipe out cash as we know it in our lifetime?" I can you tell you the world's ... As I told subscribers to my premium advisory ...See all stories on this topic »
As NFC market grows, Thinaire seizes enterprising opportunity
NFCNews
Thinaire recognizes that the jump to NFC will alter the way consumers interact with brands and businesses. With NFC's proposed adoption to peak in 2013, Thinaire estimates that 40% of smart phone users will have mobile wallets or will at the very least ...
See all stories on this topic »



Here's Why You Can't Make Wireless Payments With The iPhone 5

Web4 new results for NFC Mobile Payment
Lack of NFC tech in iPhone 5 means mobile payment is ... - Splick-it
The new iPhone 5 does not include an NFC chip. This means that using smartphones for mobile payment and replacing cash credit cards and debit cards will ...
www.splickit.com/lack-of-nfc-tech-in-iphone-5-means-mobile...
Here's Why You Can't Make Wireless Payments With The iPhone 5 ...Google initially built its Google Wallet mobile-payment system around NFC, a technology found in some Android smartphones. It's since regeared Google Wallet ...finance.yahoo.com/.../heres-why-theres-no-nfc-212201294.ht...
Orange Launches Quick Tap Mobile Payments And NFC Tags ...
Orange of the UK has teamed up with Bardclaycard to bring mobile NFC payments to their ...
www.androidsutra.com/.../orange-launches-quick-tap-mobile-...
The Expanding World of Mobile Payments: Digital Wallets - Scandit ...
The factor that differentiates"Google Wallet" from Paypal is the mobile app that allows users to pay ...
www.scandit.com/.../the-expanding-world-of-mobile-payment...



Mobile banking poised for explosive growth in UK

ePaymentNews  for NFC Mobile Payment


New iPhone features Passbook but no NFC
Mobile Payments Today
And while the new iPhone 5 offered some new features, namely a larger display and thinner profile, it did not include one feature that many in the mobile payment space were hoping for: NFC. Rumors and counter-rumors had been flying for months preceding ...
See all stories on this topic »
Mobile banking poised for explosive growth in UKTelecoms.com (blog)Tools already available or in development include voice payment, in which authentication and payment instructions are spoken into the phone, and self-pay, in which mobile NFC technology combined with 4G connectivity would end the need for tills and ...See all stories on this topic »

Telecoms.com (blog)
Apple: No NFC For You, Maybe In One Year!
Gizmodo Australia
Contrary to recent speculation, Apple's newest handset will not feature an NFC payment system. While Near Field Communications technology has recently gained traction in the marketplace — mobile payments worldwide are expected to top $US170 billion ...
See all stories on this topic »
The iPhone 5 Is Minus NFC Technology
AppAdvice
The first whispers that the new iPhone might contain NFC technology came back in June when code hidden deep inside iOS 6 pointed to support for the mobile payment technology. And as late as just a few weeks ago, it definitely looked like NFC would be ...
See all stories on this topic »

AppAdvice
UK Launch For iPhone NFC Wallet Moneto
TechWeekEurope UK
"I am very pleased that MasterCard is the partner of choice of players developing the next generation of payments for a world beyond cash." Last week, the European Commission unconditionally approved Project Oscar, the mobile wallet joint-venture ...
See all stories on this topic »

TechWeekEurope UK



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