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 Date/Time : April, 19th 2014 / 12:14 PM
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Welcome to Bancnet
Bancnet, established in 1996, is located in Houston, Texas. The company specializes in Point-of-Sale Electronics and is a Certified Repair Facility for most leading brand Point-of-Sale Manufacturers including Verifone, Hypercom, Nurit, Thales-Talento, Linkpoint, Ingenico-IVI, Magtek, RDM, Citizen, and others. The company also provides Equipment Deployment, Accessories, and Supplies to credit card processors and companies that represent them.
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  POS Industry News
Heartland launches campus OneCard Mobile app -- 03:31:22(CDT)4-18-2014
Princeton, N.J., April 18, 2014 -- After successful completion of pilot testing at several colleges and universities, Heartland Payment Systems (NYSE: HPY) is officially launching its unique OneCard Mobile app – a fundamental shift in leveraging mobile technology to create a single point of access to campus life for students. Designed to operate on Apple iOS and Google Android platforms, OneCard Mobile is a proprietary app based on patent-pending technology that enables campus administrators to offer students a single resource that serves as a virtual ID card, a payment system for all campus services and activities, and for permission-based access to events, buildings, rooms, libraries, and other facilities.

Blackhawk wins prepaid award at Innovation Project -- 01:18:50(CDT)4-18-2014
Pleasanton, Calif., April 11, 2014 -- Blackhawk Network, Inc., a leading prepaid payment company, today announced its receipt of the Gold award for the Best Prepaid Innovation category at the Innovation Project™ 2014 conference. The Innovation Project, a prestigious annual conference focused on the reinvention of the payments industry, took place on March 19-20, 2014.

Venga releases analytics dashboard for restaurants -- 09:43:20(CDT)4-18-2014
Washington, D.C., April 17, 2014 -- Venga, the leading guest management platform for restaurants, released a new analytics dashboard providing unique insights into a restaurant's patrons. By integrating a restaurant's point-of-sale data with reservation systems such as OpenTable®, Venga harnesses a flood of big data and churns it out into simple, intuitive and actionable results.

Walmart-2-Walmart Money Transfer Service set to launch -- 09:27:06(CDT)4-18-2014
Bentonville, Ark. – April 17, 2014 – Millions of customers transfer money domestically each year, many of them struggling to navigate the complex and costly fees that come with each transaction. Today, Walmart and Ria are launching a retail industry first – Walmart-2-Walmart Money Transfer Service. Available April 24, the new low-cost service allows customers to transfer money to and from more than 4,000 Walmart stores nationwide for up to 50 percent less than similar offerings on the market.

Ponemon Institute, DB Networks release SQL injection threat study -- 09:10:16(CDT)4-18-2014
San Diego, April 16, 2014 -- Privacy and information security research firm Ponemon Institute along with DB Networks, an innovator of behavioral analysis in database security, today announced the results of the Ponemon Institute's first-of-its-kind SQL injection threat study. The study found that 65 percent of respondents had experienced SQL injection attacks that successfully evaded their perimeter defenses in the past 12 months. Furthermore, each SQL injection breach took an average of nearly 140 days to discover and required an additional 68 days on average to remediate.

TMG to present 2014: The Year of the Data Breach webinar for FIs -- 08:58:09(CDT)4-18-2014
Des Moines, Iowa, April 18, 2014 – Payments processor The Members Group (TMG) is presenting a complimentary webinar, “2014: The Year of the Data Breach,” for financial institutions (FIs) on Wednesday, April 23. Hosted by TMG Senior Fraud Prevention Analyst Nicole Reyes, the hour-long event will provide insight on current fraud trends and how FIs should ready their fraud-prevention policies, procedures and strategies for 2014 and beyond.

AppSuite CEO outlines three steps for building effective loyalty programs -- 08:37:28(CDT)4-18-2014
Boca Raton, Fla., April 18, 2014 -- Implementing and maintaining your customer loyalty program is almost as important as what the program actually provides the customer. Jim Daleen, CEO of AppSuite, says the right planning and embracing technology are the keys to customer loyalty success.

MasterCard to acquire PinPoint -- 08:28:30(CDT)4-18-2014
Purchase, N.Y., April 16, 2014 -- MasterCard (NYSE: MA) today announced that it has entered into an agreement to acquire Pinpoint Pty. Ltd. (“Pinpoint”) , a leading provider of loyalty and rewards services to financial institutions across the Asia Pacific region. This acquisition is expected to close in the second quarter of 2014.

Michaels Stores provides update on data security issue -- 08:23:13(CDT)4-18-2014
Irving, Texax, April 17, 2014 – Michaels Stores, Inc. (the “Company” or “Michaels”) today provided an update on its ongoing investigation into the data security issue it previously reported. In January, the Company learned of possible fraudulent activity on some U.S. payment cards that had been used at Michaels stores. Since the announcement, the Company retained two independent, expert security firms to conduct an extensive investigation. The Company also has been working closely with law enforcement authorities and coordinating with banks and payment processors to determine the facts.

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