Discover Financial Services introduced Discover Home Equity Loans to bridge the gap between its personal loan and home loan products. Originated by Discover Bank, Discover Home Equity Loans offer homeowners the opportunity to simplify their finances, supporting home improvement projects, paying for major expenses, or consolidating debt into a single, fixed monthly payment. Discover assigns each homeowner to a Personal Banker to guide them through the entire process while giving them options to suit their specific financial needs. Homeowners have the ability to select from four payment terms and lock in at a competitive interest rate. Discover’s growing suite of direct banking products includes credit cards, home loans, private student loans and personal loans, as well as checking, savings and money market accounts.
Harland Financial Solutions has announced six new eBill Presentment & Payment deals for June 2013. eBill Presentment & Payment is Harland Financial Solutions’ electronic bill presentment and payment solution for small- to mid-sized billers. eBill Presentment & Payment will enable these financial institutions to offer their small- to mid-size business customers the ability to transform paper-based bills to smarter, more efficient and environmentally-friendly electronic bills that may be paid via online ACH, debit or credit card transactions.
Fundtech transaction banking solutions announced First Bank has gone live with CASHplus Version 3.8. The turnkey cash management platform enables First Bank to deliver a scalable, flexible and customizable solution to the bank’s corporate customers. CASHplus provides regional and national U.S. banks with greater operational control and lower costs by centralizing and consolidating cash management on a single platform. First Bank implemented CASHplus Version 3.8 to extend new capabilities to the bank’s small business, mid-sized and large corporate customers. Features include multi-layered security, multi-browser support and enhanced entry screen layouts that even further improve usability.
NorsePayments appointed Marnie Keller VP, Sales and Marketing. Bringing a wealth of experience in developing sales, marketing and branding strategies for new and existing financial products, she will help to drive sales of future and current solutions, including its flagship nGate payment processing gateway. Other key product lines are eCommerceShield, which protects merchants from e-commerce fraud with three-layer security, and InstantAccept, a breakthrough in helping merchants sync their payment processing with Quickbooks recordkeeping. Keller also will apply her experience in channel sales, partnership development, brand strategy and marketing communications. She was previously VP, Relationship Management and Channel Development for Quatrro Processing Services (QPS), where she developed the channel sales program and pursued partnerships with technology solution providers for the Risk Management and Fraud division.
Travelex joined MasterCard and Access Prepaid to introduce a new tool for international travelers with the launch of the new Multi-Currency Cash Passport Prepaid MasterCard. The new travel money card is the first of its kind available in the U.S. and can carry up to five foreign currencies simultaneously. The Multi-Currency Cash Passport is sold exclusively at www.travelex.com and more than 200 Travelex stores throughout the U.S, including locations in most major airports, cities and key tourist areas. Money can be seamlessly reloaded to the card online or in Travelex stores as needed (subject to card limits). Funds can also be transferred from one currency to another, particularly beneficial to multi-destination travelers.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor fell 4 points to 92.4 in July, in response to a decline in confidence in the economy from consumers- especially those making less than $40,000. Consumers also grew more pessimistic toward their personal finances last month, which correlated with a decline in discretionary spending intentions. The…
Chase Paymentech merchant acquirer, payment processor and subsidiary of JPMorgan Chase announced the launch of “Chase Checkout” – solutions to help merchants seamlessly accept payments however they do business: in store, online or on the go. Merchants can now securely and efficiently accept card payments from their smartphones with the new Chase Mobile Checkout app and encrypted card reader. Chase Checkout helps merchants accept debit and credit card payments effectively and securely, whether a card is swiped on a merchant’s Apple® or AndroidTM-enabled smartphone, entered online or provided at a retail location. Chase Checkout gives merchants the convenience of working with one trusted provider – with integrated reporting, 24/7 live U.S.-based customer support and a commitment to security- when they accept payments Mobile Checkout; Retail Checkout; and Online Checkout. Chase Mobile Checkout is ideal for merchants who are interested in growing their business by taking payments wherever their business takes them.
Diebold, Incorporated (DBD) and Cash Transactions LLC (CashTrans), a Diebold certified dealer, are helping LGE Community Credit Union transform its branches into efficient environments that combine self-service and personal interactions. The Georgia credit union’s new Roswell-based branch, scheduled to open later this year, will feature four banking stations equipped with customized Opteva automated teller machines (ATMs) and a collaboration area where LGE representatives can interact with members. LGE is working with CashTrans to install Diebold RemoteTeller™ Systems at several branches and allows members to complete teller-like, envelope-free cash and check deposits.
Payment security and compliance solution provider ControlScan has announced a new PCI SAQ solution with an all-new “smart” version that significantly simplifies SAQ completion and revalidation for merchants of all sizes. To reduce business risk, ISOs, acquirers and other merchant service providers (MSPs) encourage the merchants they serve to become compliant with the PCI DSS and validate that compliance by completing the SAQ. SmartSAQ is an interactive, cloud-based application that features a contemporary user interface, intuitive question presentation and go-to support tools that save merchants time while boosting their SAQ success rate.
Chase disclosed it “is committed to providing cardholders with a first-rate mobile payments experience. Based on the positive results in Austin and Salt Lake, we are pleased to expand our relationship with Isis and provide Chase cardholders nationwide with another quick, convenient and secure way to use their credit cards for everyday spending while on-the-go.” Chase subsequently plans to allow Chase Freedom, Chase Sapphire, Chase Slate and JPMorgan Palladium cardholders to be able to load their cards into the Isis Mobile Wallet and tap to pay at thousands of retail locations.
First Southern Bank is pleased to announce that it has selected transmodus to provide remote deposit capture with its check process automation functionality to its business clients. The transmodus check solution allows First Southern Bank’s clients to utilize one comprehensive system that handles the entire cycle of check processing. With the transmodus solution, a client simply scans a check from his/her location using a remote scanner, and the deposit is processed. The client receives automatic notifications, custom reporting and can monitor every step of the deposit 24/7/365 in real-time.
American Express and Isis announced that they will introduce American Express Serve to the Isis Mobile Wallet. The new co-branded account will be offered in every Isis Mobile Wallet as a part of a nationwide launch later this year, enabling millions of Americans to tap and pay using their American Express Serve account. By adding American Express Serve to the Wallet, customers will be able to pay bills online and send money to friends and family. They will also be able to add cash to their American Express Serve account or fund it using an existing bank account, any credit or debit card or through direct deposit. The Isis Mobile Wallet NFC technology allows consumers to pay, redeem coupons and present loyalty cards with their mobile phones. American Express’ U.S. Consumer and OPEN® Small Business Cards are currently available in the Isis Mobile Wallet.