Fiserv financial services technology solutions will be providing exclusive data on the managed investment solutions industry to the Money Management Institute (MMI) and Dover Financial Research. The release of this data represents an industry first and enables industry participants to track key trends within the Separately Managed Account (SMA) and Unified Managed Account (UMA) market segments. The data will help provide insight on product trends that will help wealth management firms better service their clients and grow their wealth advisory businesses. MMI will include the Fiserv data in the 4Q issue of Central, an MMI quarterly publication, and subsequent issues of Central. Through industry advocacy, educational initiatives, regulatory affairs, data reporting and professional networking, MMI supports and advances the growth of advisory solutions.
Foursquare has deployed Cirrus Insight on its AppExchange business apps marketplace, a browser extension for Chrome and Firefox that instantly displays contextual Salesforce information alongside emails in Gmail. This allows Foursquare’s sales team to ultimately view Salesforce contacts, create new leads, and save emails to Salesforce from their Gmail app. Available now, Cirrus Insight enables Foursquare employees to more efficiently focus on their members and partners. Cirrus Insight brings together two leading cloud business apps, Salesforce and Gmail, to boost productivity and results.
USA Technologies wireless, cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries, announced it’s expanding mobile payment acceptance to 7,500 vending machines with its NFC-enabled “ePort” technology and “ePort” Connect service. The Isis Mobile Wallet is expected to simplify the shopping and paying experience as consumers make vending machine purchases with a simple tap of their phone. Vending operators just need to install USAT’s NFC-enabled technology and display the type of signage typical for other payment networks.
Capital One Bank has launched Mobile Deposit Capture, allowing customers to make check deposits right from their iPhone or Android smartphones. The new Mobile Deposit Capture tool is seamlessly integrated with Capital One’s existing Remote Deposit service, providing the same level of security, scalability, and functionality, now in a mobile platform. Users just download the Capital One Business Deposits app from the Apple App Store or Google Play, Log in, endorse the check, photograph the front and back of the check and submit the deposit. Checks can be deposited as late as 9:00 PM ET, Monday-Friday, for credit that same day.
Virtual Piggy appointed Joseph Dwyer its Chief Financial Officer. Mr. Dwyer is an experienced software industry executive with over twenty years of experience at the CFO and CAO level for both public and private companies, including OpenLink Financial, Energy Solutions International, Capstone Advisory Group, AXS-One, Synergen and Caminus Corp. Mr. Dwyer brings a high-level of financial and analytical experience as he has helped his companies grow both organically and through M&A activity. He is a CPA and holds a BBA in Accounting from the University of Notre Dame.
Virtual Piggy will provide its youth-friendly payment system to Claire’s Stores, Inc. Virtual Piggy allows parents to set up a monthly allowance for their children and promotes financial management while empowering youth under 21 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. Claire’s is a world-leading retailer of jewelry and accessories for young women, teens, tweens and girls.
mobeam has hired John Hennessy Senior VP, business development, most recently former Senior VP, Sales and Marketing for Locus Traxx. Here he managed sales and marketing teams for produce, perishable foods and shipping industries. Hennessy was also VP, Sales and Marketing for Concept Shopping, where he helped companies sell their items more efficiently by selecting offers for shoppers based on their prior purchases and Senior VP, Sales at Information Resources for eight years.
Yodlee Interactive announced the second group of companies selected for the Yodlee Interactive Incubator Program: Matchfund and Sociogramics. Matchfund and Sociogramics were chosen in this round because they represent such high innovation potential and fill significant needs in the financial solutions market. The Yodlee Interactive Incubator Program represents a unique approach to helping young start-up companies, based on the idea that every business, every idea, and every entrepreneur is different and no one-size-fits-all program is sufficient. Selected winners Sociogramics & Matchfund are bringing powerful new ideas to the unbanked/under-banked, and the growing Gen Y/teenage population.
GlobalPlatform announced its Board of Directors for fiscal year 2013, following annual elections for six of the eleven Board seats. Marc Kekicheff – Senior Business Leader of Chip Innovation at Visa Inc. retains his position as Chairman for the third consecutive year. GlobalPlatform Vice-Chairman, Uwe Wittig – Group Vice President, Head of Business Line Payment, Transit and Authentication at Giesecke & Devrient, and GlobalPlatform’s Secretary / Treasurer, Yves Moulart – Director of Development and Innovation within STMicroelectronics’ Secure MCUs Division, Secure Software Solutions have also been re-appointed to their respective roles at GlobalPlatform. Elected to serve a two year term were Janne Uusilehto – Director / Head of Product Security – Nokia; Eikazu Niwano – Producer in the R&D Planning Department – NTT Corporation; Andreas Muehlberger – Senior Director Engineering – NXP Semiconductors Business Unit Identification; and Jeppe Dorff – Head of Transaction Services – Rogers Communication.
PayAnywhere mPOS solutions announced Amazon.com online retailer will be selling both its mobile app and the award-winning PayAnywhere credit card reader. These will be fulfilled and shipped directly from Amazon while the PayAnywhere app is available for instant download from the Amazon Appstore. PayAnywhere is the payment industry’s only enterprise grade, mobile point of sale solution suited for any size business and is designed specifically to meet the mobile point of sale needs of real businesses, available for iPad, iPhone, iPod touch, Android and BlackBerry devices. PayAnywhere includes a $10 rebate as reimbursement for a suggested retail price of $9.99. As a special offer for those who buy PayAnywhere from Amazon.com, PayAnywhere is offering $1,000 in free processing within the first 30-days of account activation.
Global Payments and Casio Electronics have been working together on a new Electronic PoS package for small high-street retailers, whom have been traditionally challenged with sourcing the separate components of their PoS solution from a variety of suppliers with hardware, software, PoS installation and support. This partnership allows the smaller merchant to install the EPoS hardware and PIN Entry Devices (PED) all from one source, making installation and training much easier to deliver and monitor on the Casio Android platform VX-100 EPoS terminal. This provides the customer-facing PoS solution, complete with stock control, appointment booking and business management tools within the core software. The Casio VX-100 takes less space on the countertop; create a typical saving of 85% against traditional Windows based EPoS solutions; and provides a built-in easy loading printer, customer display and large 10.4″ touch-screen LCD for the operator.
VeriFone Systems announced that the first U.S. lottery ticket sale at the fuel pump was printed at a Greater Minneapolis area convenience store and gas station in November. That’s because VeriFone and partner Linq3 have implemented “play at the pump” at 9 locations in Minneapolis under auspices of the Minnesota State Lottery. At gas pumps equipped with VeriFone’s payment enabled media solution, PAYMEDIA, consumers can buy quick pick numbers for Powerball and Mega Millions drawings utilizing debit card payments at the same time they fill up their tanks. The terminals secure, PCI- and EMV-compliant payments. Winnings under $600 are automatically deposited to the debit card-linked account and consumers can check purchases on the web and sign up for mobile text notifications.