Page 16 - GS170602

IndustryUpdate

tutions regarding implementation readiness for Same NCR, Red Rook omnichannel partners
Day ACH debits by the Sept. 15, 2017, effective date.
According to survey respondents, 92 percent indicated Red Rook launched an initiative with NCR Corp. to pro-
they will be ready to originate Same Day ACH debit vide omnichannel solutions to specialty retailers in North
transactions on the effective date and 100 percent said America. Red Rook's Commerce5 solution will leverage
they will be ready to receive them. NCR's Counterpoint POS system and the Magento ecom-
merce platform to deliver integrated retail management.
TD Bank reports on cybersecurity "Combining our strengths enables us to deliver a unified
experience that keeps us at the forefront of retail technol-
According to a survey conducted by TD Bank N.A., 91 ogy," said Ken Richard, Global Channel and Distribution
percent of the nearly 400 financial professionals surveyed Leader at NCR.
expect payments fraud to become a bigger threat over the
next three years, while 64 percent reported their organiza- NetCents aligns with Chorus Pay
tion or one of their clients was involved in a cybersecurity
event in the past year. The three most common types of NetCents Technology Inc. signed a licensing agreement
cyber incidents reported were business email compro- with Chorus Pay Ltd. to power online transactions for
mise, account takeover and data breach. Chorus Pay, the first digital wallet exclusively designed
for the betting and gaming industry. "The betting and
PARTNERSHIPS gaming industry is moving to digital payments and we
needed a solution that was advanced and adaptable; as
well as partnering with someone who really understood
Bluefin teams up with Nodus digital currency," said Anthony Taylor, CEO of Chorus
Pay.
Bluefin Payment Systems LLC partnered with Nodus
Technologies Inc., and will provide its PCI-validated PayCommerce, Dow Jones collaborate
point-to-point-encryption (P2PE) solution through Nodus'
integrated payment processing platform. Nodus special- Cross-border payments network PayCommerce is lever-
izes in integrated electronic payments for Microsoft aging Dow Jones risk and compliance data to support
Dynamics GP, AX, NAV and CRM. Nodus will offer the its Anti-Money Laundering, Know Your Customer and
integrated solution directly to clients. Counter-Terrorist Financing compliance measures. "We
are pleased to empower PayCommerce's customers and
DotDashPay integrates with ID TECH members with Dow Jones' world-class risk and compli-
ance data to help them meet these regulatory needs,"
DotDashPay completed certification and integration of its said Joel Lange, Managing Director of Dow Jones Risk &
connected commerce platform with the ID TECH suite of Compliance.
contactless readers, including the Kiosk III and VivoPay
4880 series. "This empowers merchants to provide their PayU forms alliance with Zooz
customers with a better point of sale experience, while
also avoiding the pain of a complex and lengthy inte- International online payment provider PayU partnered
gration and roll-out schedule," said Bill Rorick, Vice with payment technology provider Zooz Inc. Through
President of Business Development at ID TECH. the agreement, PayU will provide Zooz's technology to
its customers to help solve cross-border commerce chal-
Global teams with Hyundai lenges currently faced by merchants looking to grow and
scale in high-growth markets, the companies said. As
Global Payments Inc. entered an agreement with Hyundai Zooz's first global partner, PayU plans to extend the reach
Motor UK Ltd. to provide payment technology services of its financial services in growth markets by capitalizing
via Hyundai's online car buying platform. Dubbed "Click on Zooz technology.
to Buy", the program is said to be the first of its kind
to reach customers across the U.K. Powered by Global POS Portal, Retail Realm partner
Payments, Hyundai customers can now complete the
entire car buying experience from home. POS Portal, in partnership with Retail Realm Distribution,
launched a process for procuring EMV-ready payment
Hyperwallet, Dosh integrate services devices for Microsoft Dynamics and Retail Management
Hero applications. By joining forces, the partners intend
Hyperwallet Systems Inc. partnered with Dosh LLC, to simplify the POS payment hardware procurement
whose cash-back mobile app automatically searches for process for value added resellers, integrated software
deals and offers on behalf of consumers. Through the vendors and merchants; as well as reduce configuration
integration, Hyperwallet clients that have enabled the errors and ensure devices are ready to process payments
company's integrated loyalty program will be able to on arrival.
direct payees to a branded Dosh interface. The goal for
both companies is to reinforce platform affinity and drive
word-of-mouth recruitment.
16