Geezeo, web-based, data-driven marketing platforms to financial institutions announced West-Aircomm Federal Credit Union will integrate Geezeo’s PFM product into its online banking platform. The credit union will be provided with a fully integrated, white label PFM solution, and will benefit from Geezeo’s unique data-driven engagement banking platform. Geezeo is a proven pioneer in enabling financial institutions to deliver relevant messaging from within the online banking environment and beyond.
Capital One has signed a three-year financing services agreement with BRP US Inc. “BRP”. This new relationship reinforces Capital One’s commitment to building its private label credit card business. The contract covers revolving financing for BRP’s Ski-Doo snowmobiles, Sea-Doo watercraft and Can-Am all-terrain vehicles, side-by-side vehicles and Spyder roadsters sold by BRP dealers in the United States.
NCR is transforming the branch experience in the Volksbank Jever real estate center by implementing a hardware, software and services solution to make property search easier, clearer and more state-of-the-art for its customers. The solution consists of the NCR SelfServ 85 kiosk with a large touch screen and newly developed, custom software by the NCR team in Germany. The software is specifically tailored to the online databases of cooperative, savings and private banks, and can be activated for display on the NCR kiosk with just one click. The complete package includes installation along with services for hardware and software. The NCR kiosk replaces previous paper advertisements and provides customers with a clear, interactive tool that they can use just as they would on their smartphones or tablet PCs in order to discover property offers, select town districts on a map, zoom in on images, scan QR-codes and save object details on their mobile devices.
BPC Banking Technologies Open System payment solutions announced Belgazprombank deployed its SmartVista. To support the Bank’s strategy and innovative culture, Belgazprombank made the decision to implement its own processing centre, thereby allowing the Bank to take full control of its payments business. With SmartVista as a kernel of the new processing system, the Bank is able to support international payment systems such as Visa, MasterCard and China UnionPay along with the local payment system – “Belkart”. Additionally the Bank is now better positioned to meet new state regulations and initiatives. During the project BPC Banking Technologies used its expertise in connecting to national payment systems to rapidly integrate to the “Belkart” system, which has over 5 million cards in circulation.
Mpayments brought to Canada potential risks to Canadian consumers, according to “Mobile Payments and Consumer Protection in Canada,” Financial Consumer Agency of Canada (FCAC). It the extent to which financial consumers in Canada are protected when making m-payments and found that consumer protections vary greatly. Users of m-payments in Canada are not all protected equally, as consumer protection obligations vary by service provider. Mobile devices represent an opportunity to improve disclosure by informing consumers and seeking consent in real time. M-payment service providers may sell user data to third-party marketers, who then target consumers with advertising based on demographic, behavioural and geographic information. This practice, known as profiling, may provide benefits to consumers, but it may also pose new risks, particularly when products are marketed to vulnerable consumers.
hyperWALLET, a leading provider of global payment solutions, announced the availability of new direct-to-bank payment and Western Union cash pickup services for both Colombia and Croatia. hyperWALLET’s e-wallet technology and extended payment services enable corporations to pay people in a fast, cost-effective manner in local currency across both countries. Through their online e-wallet, payees can choose to receive their funds direct-to-bank, or pick up their money as cash at any Western Union agent location in Colombia or Croatia.
MasterCard, eServGlobal and BICS today announced the formation of HomeSend, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets – regardless of their location or that of the recipient. The HomeSend JV will leverage the current HomeSend platform, a remittance hub based on eServGlobal technology and developed as part of a strategic partnership between eServGlobal and BICS. The HomeSend platform was first to market in offering international mobile remittances.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] VeriFone posted its net revenues of $432 million and net revenues of $431 million for the three months ended October 31, 2013. With this, it reported operating cash flow of $55 million and free cash flow of $38 million. The net revenue of $432 million, compared to $489 million a year…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The U.S. prime rate will continue to hover at 3.25% but the LIBOR is slowly heading higher, a little screwy given the overall economic situation. RAM Research predicts the LIBOR will head up to 0.35%, a ten basis points jump from the third quarter, and the lowest since the second quarter…
Discover and the FIDO (Fast IDentity Online) Alliance announced that Discover has joined the Alliance and been appointed to the Board of Directors. FIDO members commit to share technology and collaborate to deliver open specifications for universal strong authentication that enables FIDO-compliant authentication methods to be interoperable, more secure and private, and easier to use. Open FIDO specifications will support a full range of authentication technologies, including biometrics such as fingerprint and iris scanners, voice and facial recognition, as well as existing solutions and communications standards, such as Trusted Platform Modules (TPM), USB Security Tokens, embedded Secure Elements (eSE), Smart Cards, Bluetooth Low Energy (BLE), and Near Field Communication (NFC).
KUBOO Inc announced that it has partnered with Virtual Piggy, Inc. (http://www.virtualpiggy.com/) , provider of safe youth payments technology, Oink. The parties have agreed to joint marketing efforts that will reach millions of kids and teens. Oink (http://www.oink.com/) is the only COPPA compliant payment technology designed to allow retailers and game publishers to reach under 21 consumers in a safe, legal and effective manner.
Fiserv announced that its Mobiliti mobile banking platform received four “Best in Class” distinctions in a recent CEB TowerGroup global mobile technology analysis. Mobiliti from Fiserv was named “Best in Class” in each of the four categories evaluated: Customer Experience, Interface Development, Integration and Management and Enterprise Support. The CEB TowerGroup technology analysis aims to provide a customer-driven, transparent and unbiased review designed to drive informed business decisions. Its product rankings highlight best-in-class attributes and show a comparative perspective of leading products. This report assessed more than a dozen mobile banking offerings across worldwide markets. When evaluating Mobiliti, the CEB TowerGroup report cited the structured approach to product roadmap development employed by Fiserv to ensure continued delivery of innovative product features.