LowellBank Partners NCR, Installs Video ATM Tellers

LowellBank is set to install NCR “APTRA” Interactive Teller at remote sites to give customers greater access to teller services. The new ATM-based technology from NCR Corporation (NCR) lets customers conduct transactions and other banking sales and services with a live, remote teller, who has complete control of the ATM. Supported by simultaneous video and audio connections, Interactive Teller can help customers complete 95 percent of the teller services that can be done inside a branch. NCR Interactive Teller will allow LowellBank to offer teller services well beyond traditional branch hours.

USA Tech Partners Eaton, Expands Cashless Payment Market

USA Technologies wireless, cashless payment and machine to machine (M2M) telemetry solutions for small-ticket, self-serve retailing industries, has expanded its cashless payment and M2M services in the kiosk market with electric vehicle stations sold by existing customer, Eaton Corporation (“Eaton”). Eaton, whose AC Level 2 Electric Vehicle charging stations already include an option for USAT’s ePort® technology for secure, cashless payment acceptance, has recently added their new, high-powered DC Quick Charger to this cashless lineup. Its DC Quick Charger provides fast and convenient electric vehicle charging with the ability to charge a vehicle’s battery to 80 percent capacity in as little as 30 minutes. Using USAT’s ePort technology, Eaton’s latest DC Quick Charger now includes an option for magnetic credit card swipe acceptance and offers consumers the opportunity to pay through time-based intervals or a flat rate.

Digital River World Payments to Partake in Money2020 Expo

Digital River, the revenue growth experts in global cloud commerce, announced that its Digital River® World Payments™ solution will be featured at the upcoming Money2020 Expo Oct. 22-24 in Las Vegas. Souheil Badran, senior vice president and general manager of Digital River World Payments, will share his views on new e-payments developments during the panel discussion, “Evolving Online Payments: No More Jumping Through Hoops to Pay Online…More Choice and Convenience to Rival Offline Payments.” This panel will highlight ways to drive online conversions and sales by focusing on consumers and their payment experiences.

Visa Concludes Record-Breaking $109.1T 2011 Global Commercial Spending

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa released its annual global Commercial Consumption Expenditure (CCE) index, showing global commercial spending reached $109.1 trillion in 2011 for a 12% growth over the year ago figure of the $97.4 trillion spent in 2010. This is also the first ‘CCE’ since 2004 indicating spending passed the $100 trillion mark. The…

Conference Board Consumer Confidence Index Up 9 Points in September

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Conference Board Consumer Confidence Index, which had declined in August, improved in September. The Index now stands at 70.3, up from 61.3 in August. Meanwhile, the Expectations Index increased to 83.7 from 71.1 just as the Present Situation Index rose to 50.2 from 46.5 last month. Experts concluded the Consumer…

Fundtech Launches tablet App

Fundtech global transaction banking launches its “CASHplus Mobile Corporate Banking” for Tablets as part of its “Triple Play” (desktop, smartphone, tablet) cash management product strategy. This lets banks offer corporate customers access to treasury services across multiple access channels with a consistent and integrated user experience that is right-sized for the device. The “CASHplus Mobile Corporate Banking” for Tablets gives corporate treasurers access to critical bank information and services so that they can manage their cash flow and make decisions anywhere, anytime with multi-channel access to treasury services. It also features Native iOS and Android app with optimized functionality for touch screen interaction and the ability for treasurers to access balances and transactions, wire approvals, ACH approvals, positive pay decisions and exceptions.

Diebold Revises ’12 Sales Outlook

Diebold, Incorporated (DBD) announced preliminary 2012 third quarter revenue of approximately $710 million and earnings of $.27 per share, or $.39 on a non-GAAP* basis. The company has lowered its full-year outlook for revenue and earnings per share, now expecting total revenue growth of approximately 6 percent and full-year non-GAAP earnings of $2.25 to $2.30. This compares with previous revenue guidance of 6 to 8 percent growth, and non-GAAP earnings of $2.50 to $2.60 per share.

Acculynk Appoints New Member to Board of Directors

Acculynk payments provider and “PaySecure” software-only service for Internet PIN debit payments appointed Mark Herrington to its Board of Directors. Currently Executive Vice President, Global Product Management & Innovation for First Data Corporation, Herrington brings to the board a wealth of experience. He joined First Data in 2007 as First Data was in the process of acquiring Money Network, which he co-founded in 2001. Mr. Herrington’s financial services experience includes prepaid, TeleCheck, e-commerce, mobile payments and merchant loyalty.

Intercede Launches Mobile ID Verification with New App

Intercede announced the general availability of its “MyID CardChecker App for Apple iOS.” This app allows government agencies and enterprises to read and display electronic information from personal identity verification (PIV), PIV-I, commercial identity verification (CIV) or transportation worker identification credential (TWIC) smart cards on an iPhone or iPad. Leveraging mobile technology, Intercede has developed an affordable solution for corporations and government agencies to verify the identity of their employees, contractors and visitors anytime and anywhere. Intercede has developed a downloadable mobile app – available in the Apple app store – that allows iPhones and iPads equipped with a Tactivo Smart Card Reader from Precise Biometrics to read and display smart cards, including personal identification number (PIN) protected content.

AT&T Deploys Fiserv Walk-in Bill Payment

Fiserv announced AT&T has extended its partnership agreements, signing a multi-year, sole provider agreement for its “CheckFreePay” walk-in bill payment service. This expands the walk-in bill payment capabilities for Wireline customers into 13 additional states, offering walk-in bill payment capabilities for their Wireline phone bills. AT&T also renewed the contract for its Long Distance, Mobility and U-verse(R) customers, so that customers in 48 states can continue paying their bills through walk-in bill payment locations. AT&T customers will have the option to pay their Wireline, Long Distance, Mobility and U-verse bills in person using cash, checks or money orders at any local CheckFreePay agent. A receipt is provided as proof of payment.

Consumers Gain Employment, Incur Less COF & Delinquencies

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. credit card delinquency has plunged to an all-time low with Fitch Ratings’s 60-day Delinquency Index having dropped to 1.76% for the month of August. This brings delinquencies down to their lowest level on the Prime Credit Card Index in 21 years while delinquencies are down 25.74% since the year ago…

Paymode-X Expands Currency Markets

Bottomline Technologies cloud-based payment, invoice and banking solutions announced that its business-to-business settlement network, Paymode-X, has expanded payment capabilities to 23 currencies. The Paymode-X network first increased its global reach with the launch of a travel commission payment offering. Paymode-X supports 23 currencies spanning more than 30 countries and is used by travel companies to send electronic commission payments and remittance detail to their agents around the globe. Eliminating paper payable processes presents significant opportunities for cost savings and allows organizations to reduce their environmental impact.