Bluepoint Updates Remote Deposit

Bluepoint Solutions launched its “QwikDeposit Pro” mRDC solution to improve usability with a redesigned user interface. Allowing financial institutions to speed adoption and attract business accounts, the solution gives merchants the power to easily deposit checks from an office location at any time of day using a multi-check scanner and Internet connection. The “QwikDeposit Pro” solution provides added convenience and security to business account holders, enabling faster availability of funds and eliminating physical transportation of checks, as well as applying sophisticated multi-factor authentication to deposit activity. It is also designed specifically to meet the needs of community financial institutions and to help in their efforts of building market share among small businesses.

USA Technologies VP a Top 2012 Communications Executive

USA Technologies’ Veronica Rosa, VP, Corporate Communications and Investor Relations, has been selected by the ranking committee of ExecRank as a “Top Communications Executive” for 2012. The rankings are the result of two years of research and feedback from evaluation committees and top Chief Communications Officers that yielded an algorithm for how to rank communications executives based on their performance in 24 key areas. Responsible for USA Technologies’ integrated communications program including public relations, media and investor relations efforts, she joined USA Technologies in February 2012 while her experience extends from Fortune 500 to small cap companies as well as “Big 4” public accounting for over 25 years in investor relations, corporate communication and finance.

Aptys Launches ACH and Wire Origination Platform

Aptys Solutions payments network provider to financial institutions launched ACH and Wire Origination solutions through their “PayLOGICS” unified payments platform. The “PayLOGICS” allows banks to offer end-to-end ACH and Wire solutions for originating, analyzing, funding, processing, sending and receiving, managing risk, and monitoring ACH and Wire transactions. The PayLOGICS system relies on an easy-to-use, template-based method for originating transactions quickly and effortlessly. Community Banks are looking for user-friendly solutions backed with unmatched customer support and most importantly products that can and will streamline their processes”the PayLOGICS platform does just that.

VeriFone Securities Being Investigated

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Glancy Binkow & Goldberg announces is investigating claims on behalf of purchasers of the securities of VeriFone Systems for violations to the federal securities laws. Concerning allegations statements issued by VeriFone were false and misleading in regards to its operations and financial performance, the investigation is related to allegations Verifone failed…

SmartStream Envisions Single Back Office Solution

SmartStream Technologies launched their latest reconciliations solution developed in response to continued customer demand to cut operational costs and duplication of feeds – with the long term view of having a single platform for back office operations. This allows for better control over each entity and the ability to confidently report to all business lines. The new SmartStream offering avoids the need for multiple systems, multiple licences and the training of employees on different systems. Regulations arising from Dodd-Frank and EMIR, place new demands for regular and in some cases, daily reconciliations of these complex instruments. SmartStream’s customers can now roll-out an industry standard model for OTC Derivatives in the fastest time available today.

TSYS Inks Full-Service Processing Agreement

TSYS signed a long-term payments agreement with MLS Direct Network for undisclosed terms. Through its Merchant Services segment, TSYS will provide full-service payment processing services, in addition to chargeback processing, technical support, and risk management services. In 2012, MLS Direct processed $3.6 billion in credit card processing through its provider networks.

mFoundry and MasterCard Implement Digital Wallet

mFoundry and MasterCard partnered to make MasterPass connected wallets available to mFoundry’s nearly 900 bank customers. The integration with mFoundry’s mobile banking solutions allows millions of consumers to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere. mFoundry will create a digital wallet service using the MasterPass APIs to provide its customers with a MasterPass-connected wallet as part of its mobile banking platform and deliver a truly integrated mobile banking and payment solutions.

PSCU, MasterCard Team Offer Payment Option

PSCU will offer the Mastercard “MasterPass” digital payment service to the CUSO’s nearly 700 Member-Owner credit unions, allowing shoppers to more conveniently and securely perform transactions during checkout. The “MasterPass” provides online shoppers a simple check-out process by eliminating the need to enter detailed shipping and card information with every purchase. PSCU’s future implementation phases of MasterPass may allow consumers to go beyond plastic and use an enabled device for in-store purchase transactions. Lake Trust Credit Union (Lansing, MI) has joined PSCU as a participant in testing the new digital solution.

MasterCard Deploys New Digital Payment Platform

MasterCard launched its “MasterPass” ‘future of digital payments,’ offering consumers a digital service to use any payment card or enabled device to discover enhanced shopping experiences. An expansion of “PayPass Wallet Services,” “MasterPass was announced Spring of 2012 and offers checkout services to provide merchants a consistent way to accept electronic payments regardless of where the consumer may be. For in-store scenarios either at the register or in the aisle, MasterPass will support the use of NFC, QR codes, tags and mobile devices used at points of sale. It provides shoppers a simple check-out process by eliminating the need to enter detailed shipping and card information with every purchase. Consumers can securely store card information, address books and more in a secure cloud, hosted by an entity they trust.

American Express Elects New Board Member

American Express appointed Anne Lauvergeon to its board of directors. Also a partner and managing director of Efficiency Capital, an investment firm that focuses on energy, technologies, and natural resources, and chairman and CEO of A.L.P. SAS, an advisory company, Lauvergeon is a member of the board of directors of Total S.A. and Vodafone Plc. She is a graduate of the École Normale Supérieure and the French National School of Mining Engineer and was awarded an honorary doctorate by London’s Imperial College. She is also a fellow of the Royal Academy of Engineering as well as the Royal Academy of Belgium.

Higher One Expands Nationwide ATM Access

Higher One partnered Allpoint Network of Cardtronics, allowing OneAccount Premier cardholders free ATM access to 38,000 Allpoint ATMs. This expands Higher One’s national ATM network and will allow OneAccount Premier cardholders to conduct standard ATM transactions, including withdrawals and statement balance inquiries, free of charge at any Allpoint Network ATM in the United States. College students are eligible for the OneAccount Premier checking account, featuring no monthly fee with $300 in monthly direct deposit; reimbursement for one non-Higher One ATM or non-Allpoint ATM transaction per month; upgraded cash back rewards in the OneRewards program; and access to interactive “Bud-jet” budgeting tool.

ONE METRIC CARD ISSUERS JUST DON’T GET RIGHT – “R&D SPEND”

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] R.K. Hammer Founder and CEO Bob Hammer commented “In over three decades in the card business, and having read an estimated 67,000 card financial statements during that period, I have seen very few card financials that displayed R&D spending as a separate line item. That’s a problem, as we see it.”…