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IndustryUpdate
ANNOUNCEMENTS ePN engages with SDK
Payment software developer eProcessing Network LLC
Walker approved 'Visa Ready' (ePN) launched its mobile software development kit
(SDK) to help developers integrate their payment apps
Mobile POS provider AnywhereCommerce stated that into ePN's mobile payment gateway. One goal of ePN's
its Walker mobile POS dongle was approved to accept SDK is to keep developers' apps out of scope of the
Visa Inc.-branded cards via the card brand's Visa Ready Payment Card Industry (PCI) Data Security Standard
Program. Walker supports EuroPay/MasterCard/ (DSS).
Visa chip and signature, as well as mag stripe-based
payments and is compatible with iOS, Android and MasterCard joins FIDO
Windows Phone 8 operating systems.
MasterCard Worldwide joined the Fast IDentity Online
BitPay bolsters bitcoin checkout (FIDO) Alliance with a seat at the online authentication
association's board of directors. FIDO said the asso-
Virtual currency processor BitPay said its checkout ciation is dedicated to "open specifications for universal
platform now offers bitcoin transactions in 10 languages strong authentication" achieved via such technologies as
other than English. The additional languages allow biometrics, tokenization and near field communication
merchants with international customers, especially in (NFC).
emerging markets such as Eastern Europe and the
Middle East, to offer bitcoin payment instructions in PayPal promotes Payment Code
buyers' native languages.
At the October 2013 Money2020 conference, PayPal Inc.
New shopping cart abandonment solution Vice President of Retail Services Don Kingsborough
introduced an enhancement to the PayPal mobile app
BlueSnap reported that its SnapMobile one-click mobile that allows in-store payments via quick response (QR)
checkout solution reduces the habit of consumers aban- or four-digit codes. Beyond simplifying the payment
doning mobile purchases out of frustration with slow experience, Payment Code will allow consumers to
or cumbersome interfaces. SnapMobile auto detects the automatically redeem special offers, gift cards and other
type of device consumers use to purchase from websites rewards, Kingsborough said. PayPal expects to roll out
and optimizes content for those devices to make the the service globally in the first quarter of 2014.
shopping experience easier, BlueSnap said.
Prolexic awarded gold by Golden Bridge
HCM, payments separated
Distributed Denial of Service (DDoS) security firm
Ceridian Stored Value Solutions completed the sepa- Prolexic Technologies reported it was named the Gold
ration of its Human Capital Management (HCM) and Winner in the Security Service Innovations category at
payments businesses. Ceridian's payment business is the 2013 Golden Bridge Awards. Prolexic won the award
now operated as Comdata Inc., while the HCM business for PLXabm SSL, its application-based DDoS attack
is operated as Ceridian HCM Holding Inc. monitoring solution for Secure Sockets Layer (SSL)
-encrypted traffic.
Paymentech embeds tokenization
into browsers Interchange settlement nears conclusion
Top 10 merchant acquirer Chase Paymentech LLC According to a Matrix Payment Systems newsletter,
rolled out Safetech Page Encryption, which encrypts Marc Rosenberg, Principle at the Settlement Recovery
payment data when consumers enter payment informa- Group LLC, said the final judgment of the proposed
tion into web browsers. Paymentech said it is the first $7.25 billion Payment Card Interchange Fee settlement
acquirer to offer such data protection technology, which draws near. Rosenberg attended the Sept. 12, 2013, hear-
employs tokenization to encrypt data. ing and noted that the tone of the hearing led him to
believe the settlement would be approved. It may be
CoinX spotlights digital exchange
four to six more weeks before a formal ruling, he added.
CoinX Inc. recently debuted its digital currency Sprint offers Pinsight Touch for NFC
exchange. CoinX's exchange, which supports bitcoin
transactions, utilizes the same hosting facility and Mobile telecommunication firm Sprint Nextel launched
corresponding security protocols as the New York Pinsight Touch, a cloud-based platform that allows
Stock Exchange, said the Atlanta-based company. The for the storage and retrieval of consumer credentials
exchange is also registered with the U.S. Treasury to authenticate users in NFC environments, including
Department's Financial Crimes Enforcement Network, payments and restricted access. Sprint said its open
CoinX added.
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ANNOUNCEMENTS ePN engages with SDK
Payment software developer eProcessing Network LLC
Walker approved 'Visa Ready' (ePN) launched its mobile software development kit
(SDK) to help developers integrate their payment apps
Mobile POS provider AnywhereCommerce stated that into ePN's mobile payment gateway. One goal of ePN's
its Walker mobile POS dongle was approved to accept SDK is to keep developers' apps out of scope of the
Visa Inc.-branded cards via the card brand's Visa Ready Payment Card Industry (PCI) Data Security Standard
Program. Walker supports EuroPay/MasterCard/ (DSS).
Visa chip and signature, as well as mag stripe-based
payments and is compatible with iOS, Android and MasterCard joins FIDO
Windows Phone 8 operating systems.
MasterCard Worldwide joined the Fast IDentity Online
BitPay bolsters bitcoin checkout (FIDO) Alliance with a seat at the online authentication
association's board of directors. FIDO said the asso-
Virtual currency processor BitPay said its checkout ciation is dedicated to "open specifications for universal
platform now offers bitcoin transactions in 10 languages strong authentication" achieved via such technologies as
other than English. The additional languages allow biometrics, tokenization and near field communication
merchants with international customers, especially in (NFC).
emerging markets such as Eastern Europe and the
Middle East, to offer bitcoin payment instructions in PayPal promotes Payment Code
buyers' native languages.
At the October 2013 Money2020 conference, PayPal Inc.
New shopping cart abandonment solution Vice President of Retail Services Don Kingsborough
introduced an enhancement to the PayPal mobile app
BlueSnap reported that its SnapMobile one-click mobile that allows in-store payments via quick response (QR)
checkout solution reduces the habit of consumers aban- or four-digit codes. Beyond simplifying the payment
doning mobile purchases out of frustration with slow experience, Payment Code will allow consumers to
or cumbersome interfaces. SnapMobile auto detects the automatically redeem special offers, gift cards and other
type of device consumers use to purchase from websites rewards, Kingsborough said. PayPal expects to roll out
and optimizes content for those devices to make the the service globally in the first quarter of 2014.
shopping experience easier, BlueSnap said.
Prolexic awarded gold by Golden Bridge
HCM, payments separated
Distributed Denial of Service (DDoS) security firm
Ceridian Stored Value Solutions completed the sepa- Prolexic Technologies reported it was named the Gold
ration of its Human Capital Management (HCM) and Winner in the Security Service Innovations category at
payments businesses. Ceridian's payment business is the 2013 Golden Bridge Awards. Prolexic won the award
now operated as Comdata Inc., while the HCM business for PLXabm SSL, its application-based DDoS attack
is operated as Ceridian HCM Holding Inc. monitoring solution for Secure Sockets Layer (SSL)
-encrypted traffic.
Paymentech embeds tokenization
into browsers Interchange settlement nears conclusion
Top 10 merchant acquirer Chase Paymentech LLC According to a Matrix Payment Systems newsletter,
rolled out Safetech Page Encryption, which encrypts Marc Rosenberg, Principle at the Settlement Recovery
payment data when consumers enter payment informa- Group LLC, said the final judgment of the proposed
tion into web browsers. Paymentech said it is the first $7.25 billion Payment Card Interchange Fee settlement
acquirer to offer such data protection technology, which draws near. Rosenberg attended the Sept. 12, 2013, hear-
employs tokenization to encrypt data. ing and noted that the tone of the hearing led him to
believe the settlement would be approved. It may be
CoinX spotlights digital exchange
four to six more weeks before a formal ruling, he added.
CoinX Inc. recently debuted its digital currency Sprint offers Pinsight Touch for NFC
exchange. CoinX's exchange, which supports bitcoin
transactions, utilizes the same hosting facility and Mobile telecommunication firm Sprint Nextel launched
corresponding security protocols as the New York Pinsight Touch, a cloud-based platform that allows
Stock Exchange, said the Atlanta-based company. The for the storage and retrieval of consumer credentials
exchange is also registered with the U.S. Treasury to authenticate users in NFC environments, including
Department's Financial Crimes Enforcement Network, payments and restricted access. Sprint said its open
CoinX added.
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