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IndustryUpdate
ANNOUNCEMENTS Cubic receives $7.5 million for Clipper
Open fare payment systems integrator Cubic
Potential AmEx settlement detailed Transportation Systems received a $7.5 million add-
on contract with the Metropolitan Transportation
Merchants that accept American Express Co. cards were Commission to expand the Clipper card fare payment
notified they can be part of a potential $75 million settle- system to more than a dozen suburban transit agencies
ment of a class-action lawsuit brought against AmEx in the San Francisco Bay Area. Cubic said it will use the
over alleged anti-trust violations. Merchants have until funds to enhance travel options for commuters in the
June 6, 2014, to object to the settlement. A Sept. 17, 2014, region's East Bay and North Bay.
hearing in federal court will approve or reject the settle-
ment. More details about the proposed settlement can FIME offers tailored EMV advice for U.S. acquirers
be found at www.amexmerchantsettlement.com.
Global payment consultancy FIME launched a cus-
Blackhawk unveils Safe functionality for Reloadit tomized consulting offer to help U.S. payment card
issuers and acquirers accelerate the adoption of secure
Blackhawk Network Inc., the Safeway Inc. subsidiary Europay/MasterCard/Visa (EMV) chip card payments.
and prepaid card mall innovator, unveiled a new gift "Just as no two organizations are the same, no two
card reload platform that allows customers to use EMV chip migrations will be the same," said Xavier
various services using their Reloadit packs. The new Giandominici, Director of FIME America. "FIME cus-
Reloadit platform offers a secure online service called tomizes each migration package to fit the unique needs
the Reloadit Safe, which enables customers to digitally of the business with a common end goal – to provide
store their Reloadit packs, add money to multiple gen- all of the tools necessary to successfully introduce EMV
eral-purpose reloadable (GPR) cards, schedule recurring chip payments, as well as the expertise to manage the
loads onto GPR cards, and pay bills. "By using the Safe, new infrastructure in the future."
consumers can pay many bills with their Reloadit Pack
for only one purchase fee," Blackhawk said. FAP adds gift card features to 1stPayPOS
CFSI scores prepaid Fort Worth, Texas-based First American Payment
Systems LP released the latest software update to its
In March 2014, the Center for Financial Services iPad-enabled software, 1stPayPOS. The ISO said 1stPay-
Innovation issued its first Prepaid Industry Scorecard, POS Version 2.1.3 gives merchants the added ability of
which employs quantitative and qualitative analysis to manually entering gift card numbers to assist in sales or
generate scores that capture the quality of products in returns using gift cards, or in the activation or reloading
the prepaid card industry. The scorecard is based on of gift cards.
CFSI's Compass Principles and assigns letter grades in
three categories: standards, best practices and next-gen- Domino's greases ordering app
eration focus. In its most recent analysis, CFSI gave the
industry an A- in the first category and a B and C- for Pizza chain operator Domino's Pizza integrated Google
the two others, respectively. Wallet into its Android-enabled ordering app. Customers
• Based on U.S. Census Bureau advance sales estimates,
total retail and food services sales for March 2014
reached $433.9 billion, up 3.8 percent from a year
ago.
• The Visa Inc. 2014 prom spending survey found that
U.S. households with teenagers expect to spend
about $978 for prom attire, limousine rental, tickets
and dinner this year.
• An American Express Co. Spending & Saving Tracker,
Improving or Moving report revealed 73 percent
of homeowners will spend $4,000, on average, for
home improvement in 2014.
18
ANNOUNCEMENTS Cubic receives $7.5 million for Clipper
Open fare payment systems integrator Cubic
Potential AmEx settlement detailed Transportation Systems received a $7.5 million add-
on contract with the Metropolitan Transportation
Merchants that accept American Express Co. cards were Commission to expand the Clipper card fare payment
notified they can be part of a potential $75 million settle- system to more than a dozen suburban transit agencies
ment of a class-action lawsuit brought against AmEx in the San Francisco Bay Area. Cubic said it will use the
over alleged anti-trust violations. Merchants have until funds to enhance travel options for commuters in the
June 6, 2014, to object to the settlement. A Sept. 17, 2014, region's East Bay and North Bay.
hearing in federal court will approve or reject the settle-
ment. More details about the proposed settlement can FIME offers tailored EMV advice for U.S. acquirers
be found at www.amexmerchantsettlement.com.
Global payment consultancy FIME launched a cus-
Blackhawk unveils Safe functionality for Reloadit tomized consulting offer to help U.S. payment card
issuers and acquirers accelerate the adoption of secure
Blackhawk Network Inc., the Safeway Inc. subsidiary Europay/MasterCard/Visa (EMV) chip card payments.
and prepaid card mall innovator, unveiled a new gift "Just as no two organizations are the same, no two
card reload platform that allows customers to use EMV chip migrations will be the same," said Xavier
various services using their Reloadit packs. The new Giandominici, Director of FIME America. "FIME cus-
Reloadit platform offers a secure online service called tomizes each migration package to fit the unique needs
the Reloadit Safe, which enables customers to digitally of the business with a common end goal – to provide
store their Reloadit packs, add money to multiple gen- all of the tools necessary to successfully introduce EMV
eral-purpose reloadable (GPR) cards, schedule recurring chip payments, as well as the expertise to manage the
loads onto GPR cards, and pay bills. "By using the Safe, new infrastructure in the future."
consumers can pay many bills with their Reloadit Pack
for only one purchase fee," Blackhawk said. FAP adds gift card features to 1stPayPOS
CFSI scores prepaid Fort Worth, Texas-based First American Payment
Systems LP released the latest software update to its
In March 2014, the Center for Financial Services iPad-enabled software, 1stPayPOS. The ISO said 1stPay-
Innovation issued its first Prepaid Industry Scorecard, POS Version 2.1.3 gives merchants the added ability of
which employs quantitative and qualitative analysis to manually entering gift card numbers to assist in sales or
generate scores that capture the quality of products in returns using gift cards, or in the activation or reloading
the prepaid card industry. The scorecard is based on of gift cards.
CFSI's Compass Principles and assigns letter grades in
three categories: standards, best practices and next-gen- Domino's greases ordering app
eration focus. In its most recent analysis, CFSI gave the
industry an A- in the first category and a B and C- for Pizza chain operator Domino's Pizza integrated Google
the two others, respectively. Wallet into its Android-enabled ordering app. Customers
• Based on U.S. Census Bureau advance sales estimates,
total retail and food services sales for March 2014
reached $433.9 billion, up 3.8 percent from a year
ago.
• The Visa Inc. 2014 prom spending survey found that
U.S. households with teenagers expect to spend
about $978 for prom attire, limousine rental, tickets
and dinner this year.
• An American Express Co. Spending & Saving Tracker,
Improving or Moving report revealed 73 percent
of homeowners will spend $4,000, on average, for
home improvement in 2014.
18
