Capital Bank Deploys Diebold ATMs

Capital Bank has partnered with Diebold, Incorporated (DBD) to standardize its ATMs and support services. Diebold installed 170 Opteva ATMs, 100 of which feature deposit automation capabilities along with comprehensive integrated services to manage the fleet. Through multiple acquisitions over the past two years, the bank’s network included ATMs from several manufacturers that were supported by various vendors. Capital Bank recognized it would be best served by a single source for the delivery and management of its ATM fleet. Through its ATM Endpoint Protection by Symantec™ and software deployment service Diebold will maintain up-to-date anti-virus and operating system software, as well as security patches and provides 24/7 ATM status monitoring, notification, remote diagnostics and failure resolution to keep Capital Bank’s ATMs up and running.

PSI-Pay Deploys MasterCard PayPass

PSI-Pay e-wallet and payment card issuer announced its contactless payments with its cards in conjunction with MasterCard’s PayPass functionality. PayPass allows PSI-Pay cardholders to make purchases for under $20.00 by tapping the MasterCard or Maestro-enabled card or device over a reader. MasterCard’s PayPass technology is integrated with layers of protection to help prevent unauthorised purchases and contactless payments can be made via cards, and enabled wristbands and watches. Contactless payments are made using a unique encrypted code to secure data and safeguards are also in place to bill only one in case a user taps their card or device more than once by mistake.

Commerce Bank Launches Visa Signature Card

Commerce Bank is offering a Visa Signature Rewards credit card to alumni and friends of Southern Methodist University (SMU). The card offers high reward point values and unlimited earnings, as well as no annual fee. Cardholders are able to redeem points for cash, gift cards, merchandise, or travel. Additional Signature rewards and benefits include 24/7 concierge service, exclusive perks, such as special offers on travel, sports, and entertainment, and the Visa Zero Liability coverage. SMU has a current enrollment of more than 11,000 students and an alumni network of more than 100,000 graduates. The SMU Visa Signature card is accepted anywhere Visa cards are accepted.

Windows Phone Announces Seamless Payments

Seamless payment solution for mobile telephones, SEQR, is to be launched for both Windows 8 and Windows Phone, and will be integrated with Windows Phone Wallet. Seamless was founded in 2001 in Sweden, and now has a presence in around 30 countries. The launch of SEQR on Windows platforms is strategically important in order to consolidate the position of Seamless as the leader for mobile payments. SEQR will be implemented in Microsoft’s app-stores, Windows Store and Windows Phone Store in all Seamless markets in 2013.

Visa Shows Americans to Spend 40% More Traveling

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Visa Global Travel Intentions Study 2013 shows U.S. travelers crave culture, are tech savvy and plan to significantly increase their travel budget on their next international trip, with 40% more on their next international trip compared to their last trip, opposed to travelers outside the U.S. who plan to increase…

Discover Makes Available Home Equity Loans

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 Sees Strong ePayment Sales

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 Announces Latest CASHplus Client

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 Appoints VP, sales and marketing

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, MasterCard and Access Prepaid Intro Multi-Currency Card

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.

July Spending Monitor Down 4 Points M/M

[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 Allows Small-Business Merchants to Accept mPayments

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.