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Industry
RDM launches new check scanner series RESEARCH

At the BAI Retail Delivery 2013 held Nov. 5 to 7 in
Denver, remote deposit capture technology firm RDM SMB PCI security checkpoint
Corp. unveiled its new EC9000i check scanner series.
The scanners feature simplified auto-feed and single- The report Payment Security and the SMB: The Fifth Annual
feed scanning and can scan up to 90 checks per minute, Survey of Level 4 Merchant PCI Compliance Trends, joint-
according to RDM. ly released by ControlScan and Merchant Warehouse,
revealed that nearly three-quarters of Level 4 mer-
Square Stand available via Staples chant respondents believe Payment Card Industry Data
Security Standard (PCI DSS) compliance improves busi-
San Francisco-based mobile payment pioneer Square ness security. However, overall this group showed "a
Inc. signed a deal with office supply retailer Staples Inc. lack of corresponding activity for prevention and detec-
to sell Square Stand, the mobile firm's iPad-based POS tion" and "are not prepared should a breach occur," said
terminal. Customers can purchase Square Stand online Joan Herbig, CEO of ControlScan.
at Staples.com or in over 1,000 Staples stores across the
United States. Retailer technology weigh-in
Trustev receives $3 million in VC According to an Infogroup Targeting Solutions study,
Breaking Through Customer Engagement Barriers with
Dublin, Ireland-based identity verification specialist Innovative Marketing and Technologies, 26 percent of retail
Trustev closed on $3 million in seed funding from sev- executives surveyed have deployed mobile POS systems
eral U.S. venture capital firms. The funding will finance and over half plan to implement mobile checkout strate-
Trustev's expansion to the U.S. market, which includes gies by 2018. The report explores current trends in pur-
the opening of an office in New York City. chasing via social media channels, Wi-Fi access in retail
environments and big data's inherent challenges from a
Vantiv to sell more shares retail perspective.

Top 10 U.S. acquirer Vantiv Inc. agreed to sell 15 million NFC beyond payment
shares of its Class A common stock in a secondary public
offering. Citigroup is underwriting the offering. A Smart Insights Report, NFC applications beyond pay-
ment to boost adoption, explores multiple use cases for
NFC in the retail, government, transport and health care
spheres. "These applicative values including contex-
tual information, identification, access control and smart
objects management, among others, show the advan-
tages NFC can bring in all aspects of our lives," said
Jean-Christophe Lecosse, General Manager for CNRFID,
co-publisher of the report.
Trust trumps big data

Boston Consulting Group reported in The Trust Advantage:
How to Win with Big Data that organizations effective at
creating consumer trust regarding sensitive information
can potentially increase the amount of accessible data
from fivefold to tenfold in most nations. The report iden-
tifies a set of actions to help establish consumer trust. It
also offers differentiated strategies for navigating trust in
both developed and emerging global regions.

PARTNERSHIPS

Boku enters PassportParking

Carrier billing-based mobile payment provider Boku Inc.
partnered with PassportParking in launching a multicity
trial that permits drivers to purchase daily and hourly
parking time at select lots using their mobile phone
numbers. This triggers a charge on their carrier billing
statements. "With carrier billing, our parkers can just
grab their phone, text and get back to business," said Bob
Youakim, Managing Partner for PassportParking.
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