Tsys Promotes Executives from Within

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Tsys announced the promotion of two senior executives in its International Services segment. Dennis Jones has been promoted to Executive Vice President of Business Operations, TSYS International, and Ian Thompson has been promoted to Group Executive of Human Resources, TSYS International. Dennis Jones, Executive Vice President of Business Operations, TSYS International…

Micropross ICTK Verifies EMVCo Contactless

Micropross is proud to announce that ICTK, the leading test laboratory dedicated to the smartcard industry, successfully passed the audit process from EMVCo aiming at enabling them to deliver certification of contactless devices following the EMVCo Level 1 analog specifications. The Micropross EMVCo validated Level 1 test bench is part of the Contactless Test Station, a revolutionary concept concentrating in one box which contains all elements necessary to perform ISO 10373-6, ISO 10373-7, ICAO, EMVCo, and NFC Forum analog, digital and applicative tests. This unique tool therefore satisfies the customer’s needs. Micropross is the only test tool provider on the market with such a wide coverage, so many validated solutions (EMVCo, NFC Forum, ICAO) and with the ability to provide all hardware and software elements from the same source.

Allied Payment Network Presents mBill Pay

Allied Payment Network online bill payment services to the financial industry is generating positive buzz around its innovative bill pay solution, Picture Pay mobile bill payment app allowing consumers to pay bills using the camera on their mobile device. FinovateSpring is a two-day showcase of the newest financial and banking technology innovations from leading established companies to young startups. This year’s spring event attracted more than 1,300 attendees, which the conference reports as the largest attendance to date. With Picture Pay, users take a picture of the bill, enter the amount and date, and the bill is paid. Picture Pay’s technology does the rest by reading the data from the bill, then syncing with the customer’s bank or credit union to process the payment.

Monitise Partners Blackhawk on mGift Cards

Blackhawk Network and Monitise mMoney solutions announced an agreement to make mobile gift card purchasing available to consumers through certain banks and financial institutions in the United States. Prepaid gift cards from Blackhawk Network’s popular GiftCardMall™ will be available to consumers for purchase from participating banks and payment companies’ mobile wallets, powered by Monitise. With this new relationship, Blackhawk’s extensive network will integrate into Monitise’s mobile banking ecosystem, making it easier for consumers to purchase Blackhawk gift cards from popular retail brands via mobile. The new partnership provides customers with access to gift cards on the go, making these purchases convenient, building loyalty with their preferred financial institutions, and opening the door to more innovative mobile offerings.

Think Finance to Host Underbanked Financial Services Forum

Think Finance online financial products that bridge the gap between payday loans and credit cards announced it will sponsor and host an Industry Innovation Session at the 8th Annual Underbanked Financial Services Forum on June 6 in Miami, Fl. The session, entitled “The Next Generation of Financial Consumers – Millennials, the I-Want-it-Now Generation,” will focus on the financial preferences and concerns of 18 to 34 year olds. Think Finance will unveil the findings of a new study conducted by Harris Interactive about Millennial attitudes, habits and aspirations around their personal finances. The event will also feature a panel of Millennials who will share their perspective on the findings and discuss what they really want from banks and other financial service providers when it comes to financial products, technology, customer service and more.

BBVA Compass Launches Picture Bill Pay

BBVA Compass expanded its iPhone app with Picture Bill Pay, allowing customers to pay bills and add payees by taking pictures of their paper bills with their iPhones. Picture Bill Pay captures the payee and payment details from the paper bill and automatically populates those fields in the BBVA Compass bill pay service for customer verification and scheduling. The new feature eliminates the need to manually type information to add payees and also cuts back on the likelihood of making a mistake when entering the details, Carriles said. BBVA Compass is one of the first banks to offer picture bill pay capabilities using Mitek System’s Mobile Photo Bill Pay.

Citi Commercial Cards Deploys Mobile Account Management

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Citi Commercial Cards has rolled-out CitiManager Mobile, a mobile-optimized version of the CitiManager desktop portal, Citi’s state-of-the- art account management tool. With the CitiManager Mobile site, Citi corporate cardholders can easily view their accounts, statements and new transactions from multiple device types, including iPhone, Windows, Android, and Blackberry. CitiManager Mobile is…

CSR to Present on Credit Card Data Security Protection

CSR data compliance solutions and expert business services that helps organizations turn compliance into revenue, announced that Director of Consulting Services Linda Grimm will speak to attendees of the NorthEast Acquirers Association (NEAA) 2013 Summer Seminar on June 12th about the business threat of mishandling PCI and other personal data. Grimm will provide the latest news affecting merchants and their service providers in “The Future of PCI – Protecting Only Credit Card Data Isn’t Enough: How to Use Personal Data Protection Services to Improve Customer Retention and Boost Your Bottom Line” at the Hilton Hotel in East Brunswick, N.J. The NEAA provides an educational forum for financial institutions and members of the acquiring industry whose attendees will hear Grimm describe the opportunity to provide revenue-generating services their merchants need at a time of mounting pressure for federal legislation that would hold merchants accountable for data security. Class action data breach lawsuits highlight the need for all organizations to protect all personally identifiable (PII) and protected health information. By helping merchants go beyond protecting credit card data, just one type of PII, the payments community can be first to fill a need for security services that binds relationships and generates significant new revenues.

Conestoga Expands NCR ATM Video Implementation

Conestoga Bank is expanding its interactive video banking program with NCR Corporation. Expanding on its use of interactive video tellers to conduct transactions from uGenius, which NCR purchased in January 2013, the Bank is installing two additional personal teller machines (PTMs) into their new Bankwerx. These PTMs connect bank customers to a live, remote teller via a two-way video/audio conversation over an ATM. The remote tellers have full control of ATM functions, creating an interactive experience in which customers can complete more than 95 percent of typical branch transactions and do them faster – with transaction times typically 33 percent faster than an average teller interaction.

Virtual Piggy and MWRC Partner on Secure Youth Payments

Virtual Piggy safe youth payments will integrate its youth-friendly payment system into the MWRC ExoVend ecommerce platform.This strategic partnership gives Virtual Piggy the ability to integrate into many global and start-up merchants that fall under the MWRC umbrella, including Body Glove International, Sea Doo SeaScooters, Channel Island Surfboards, and Frankie B. The scope of the partnership spans from action sports (surf, snow, water, moto) to leading fashion brands.

ACI Worldwide Announces New Banking Services Client

ACI Worldwide announced Desert Schools Federal Credit Union ($3.1 billion in assets) selected its online banking and bill payment services to enhance its technology services to over 321,000 members. The institution selected ACI’s Architect Banking for its flexibility and configurability for delivering online and mobile banking capabilities. By utilizing the Software Developers Kit (SDK), DSFCU will have the tools needed to grow its online banking application to meet the ever-changing needs of its member base, all while providing a user experience that is highly intuitive and personalized. ACI’s Electronic Biller Directory and proprietary Real-time Digital Scanline technology maximizes payment accuracy for both DSFCU and its members, resulting in faster payment delivery and fewer payment errors.