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New Products and Services from American Express, Visa and More

By Jim Bruene on March 20, 2006 1:06 PM | Comments (0)

New products and services from American Express, First Data, Visa USA, and more.

American Express Co. says that this year, the IRS will allow businesses to pay balances-due on their federal business taxes (Form 940, annual employment, and Form 941, quarterly employment business taxes) with an American Express Card. Businesses get double rewards from Delta Airlines and Starwood Hotels when they pay their taxes this way. (Contact American Express Co., 212-640-5503)

Commerciant LP launched a new device it calls the Mobilescape 5000, a wireless handheld device that accepts and processes both checks and credit cards. (Contact: Commerciant LP, 713-725-5526)

The Financial Services Technology Consortium says it’s completed setting interoperability standards for banks to adopt when they communicate about fraudulent checks. More information on the Check Security Features project is available at www.fstc.org. (Contact : Financial Services Technology Consortium, 781-235-3424)

First Data International says it signed new card -rocessing contracts with Bank of Bahamas, Fidelity Bank and the New England Bankcard Association. (Contact: First Data International, 321-263-3838)

Globalive Communications Corp.’s Assemble Conferencing unit, and Enunciate Conferencing, have jointly launched a dual prepaid conferencing and long-distance calling card. (Contact: Assemble Conferencing, 416-204-0251; Enunciate Corp., 416- 516-5173)

Hypercom Corp. says that U.S. Bankcard Services Inc. will be using Hypercom’s multilanguage point-of-sale terminal, featuring Chinese and English graphics and text. (Contact: 602-504-5383; US Bankcard Services Inc., 888-468-1155)

Mall Networks Inc. says it’s launched an online shopping mall platform designed for affinity rewards programs. (Contact: Mall Networks, 608-225-5476)

NCR Corp. says China's CITIC Bank gave it an order for various NCR ATMs, as well as a maintenance contract for the bank’s 1,000 ATMs. (Contact: NCR Corp., 937-445-3784)

Open Solutions Inc. says $2.4 billion Beal Savings Bank will be using Open Solutions’ core processing system on an outsourced basis. Beal’s main business is customized commercial real estate loans averaging $12.5 million. Separately, Open Solutions says The Simsbury Bank is now using its electronic cash letter settlement product. (Contact: Open Solutions Inc., 860-652-3153)

Princeton eCom says that Veridian Credit Union and Utah Community Credit Union are using its PayAnyone electronic payment product. (Contact: Princeton eCom, 609-606-3130)

SAS says that $15.7 billion Sky Financial Group is using SAS’s Anti-Money Laundering product to comply with the USA PATRIOT Act.  (Contact: SAS, 919-531-0624)

Sify Ltd., an Indian telecom provider, says it’s launched a mobile payments network in association with JiGrahak, which has a mobile payments platform called NGPay. (Contact: Sify Ltd. 91-44-2254 0770)

Visa USA says it’s launching the Visa Prepaid Load Network; consumers can use it in the United States at the point of sale to buy and add funds to their reloadable Visa prepaid cards. Separately, Visa says it’s launched the Contactless Mini Card, which is about half the size of an ordinary credit card. (Contact: Visa USA, 415-932-2350)

Wincor Nixdorf says that Balducci's will be using Wincor’s point of sale software, chain-wide. Balducci's, once a fabled New York speciality food retailer, is now owned by an investor group led by Bear, Stearns.(Contact: Wincor Nixdorf Inc., 512-252-5673)

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