Wells Fargo Launches P2P Money Transfer Service

Wells Fargo & Company announced the launch of Send & Receive Money, a new service allowing customers’ payments to other Wells Fargo and Bank of America customers through online and mobile banking using an email address or mobile phone number. Wells Fargo customers no longer need to know their recipient’s account number at Wells Fargo or Bank of America. Customers can use their recipient’s mobile phone number or email address to initiate a person-to-person payment via clearXchange, which was formed to facilitate the movement of funds between bank customers to better meet their needs.

ACI Launches Improved Acquirer Platform

ACI Worldwide payments solutions launched its improved “ACI Acquirer” multi-currency system for managing merchant accounts, histories and settlements. The enhanced ACI Acquirer offers greater support for U.S. taxation requirements, enhanced interchange fee processing and expanded features for merchant settlement delay and deposit reserves. ACI Acquirer enhancements are complimented by the launch of the newest version of ACI Interchange™, the company’s central monetary transaction manager for clearing card transactions. Both solutions ensure that acquiring banks and processors remain current with the latest regulatory developments in the U.S. market. This increases customers’ ability to operate seamlessly in today’s highly competitive merchant acquiring environment. ACI Issuer, ACI Acquirer and ACI Interchange are installed at more than 70 customers in North America, Europe and Asia.

Equinox Teams PayPal for In-Store Checkout

Equinox Payments payment terminal and secure applications provider partnered PayPal to allow consumers to pay with PayPal at large retailers using Equinox’s next-generation PCI 3.x Certified L5300 and L5200 consumer-facing payment terminals. In doing so, Equinox has integrated the PayPal Card and Card Free payment solution into the code base platform for all L5300 terminals. Those retailers that have already deployed the L5300 can take advantage of the Equinox Remote Key Injection System to update their terminal software and activate the PayPal solutions. Equinox technology securely updates terminal software that requires new symmetric keys without having to take the terminal out of the checkout lane and shipping it to a secure key injection facility.

WebMediaBrands Announces Final Program for Smartphone & Tablet Games Summit

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] WebMediaBrands announced the completed conference program for its Smartphone & Tablet Games Summit (#smartgames), to be held on June 26, 2012 at the Mission Bay Conference Center in San Francisco. The conference program covers tactical mobile gaming tips, design tactics, successful monetization strategies, and methods for improving customer acquisition and distribution…

DFC Global to Present at Investor Conferences

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] DFC Global Corp., a leading international diversified financial services company serving primarily unbanked and under-banked consumers for over 30 years, announced that the Company will participate at the following investor conferences: Jeff Weiss, Chairman and CEO, and Randy Underwood, Executive Vice President, will present at the Stephens 2012 Spring Investment Conference…

Euronet Deploys Independent and Shared Auto Deposit Terminal Networks

Euronet Worldwide payments provider has deployed its first Independent and Shared Automated Deposit Terminal (ADT) Networks in Poland and Romania. Euronet’s new Independent ADT Networks in Poland and Romania feature off-site ADTs located in high-traffic retail locations which have extended hours, making access more convenient than traditional bank branches. ADTs allow customers to enjoy real-time access to their funds, reduced wait times at the bank branch and a variety of deposit types including account deposits and deposits for credit card or loan payments, with additional transaction types to be supported in the future.

U.S. Bank Launches iPad Banking App

U.S. Bank has released a new banking application that is designed specifically for iPad users through the iTunes store. This lets customers deposit checks using the iPad’s camera, just as they can in the iPhone and Android apps, in addition to making person-to-person payments, viewing account balances and transactions, paying bills, making payments to other U.S. Bank accounts such as their mortgage and car loans, and reviewing rewards information. The iPad app was created in partnership with Fiserv using its Mobiliti platform.

OmniPay Awarded Four Times at US Payments Event

OmniPay,global payments processor has won four awards at the 2012 Card Not Present (CNP) Expo due to its unique ability to provide a single global platform and service supporting the multi-currency processing requirements of many of the world’s leading merchant acquiring banks, payment processors and eCommerce merchants. OmniPay was the only company to win four awards, namely customer choice for best processor, customer choice for best chargeback management solution, first runner up for best CNP program outside the US and first runner up for best chargeback management solution. OmniPay won the best processor awards for a number of reasons highlighted by the CNP judging panel, including; Operating the largest single global end-to-end and fully integrated payments platform; Best-in-class, pioneering multi-currency processing platform and service that is unmatched in the industry; Optimal transaction interchange qualification and economies of scale ensure a low cost, high value payments processing service for each customer; OmniPay employs the most knowledgeable and experienced global payments team, managing more than one billion transactions per year; and OmniPay won the best chargeback program awards in recognition of the highly innovative system it has developed to enable banks to automate otherwise very manually intensive business processes.

U.S. Bank Implements Fiserv Tablet Banking App

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv, a leading global provider of financial services technology solutions, announced that U.S. Bank’s online banking customers now have access to an iPad® banking application (app) built on the Mobiliti Enterprise™ mobile banking and payments platform from Fiserv. The U.S. Bank app serves consumers’ growing interest in tablet banking. According to…

L2C Secures Strategic Investment

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] L2C, a consumer scoring and analytics company offering standard and customized analytical solutions for the consumer credit industry, announced today the closing of a strategic investment by Core Innovation Capital, the investment partner of the Center for Financial Services Innovation (CFSI). The financing will be used to build out additional analytical…

NASA and National Archives to Join American Express on Big Data Strategies

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] On June 12-13 2012, Text Analytics News will host its 8th Annual Text Analytics Summit East at the Revere Hotel (formerly Radisson Boston), to discuss the latest developments in text analytics, social media analytics and big data management strategies. Two months ago, the US Government pledged more than $500 million over…