Central Bancshares Implements Fiserv Sales Automation

Fiserv announced Central Bancshares, a $2 billion financial services organization, has implemented its “EnAct” solution to support transparent, relationship-centric approach to business development across all enterprises. The “EnAct” sales automation and management solution from Fiserv can be tailored to meet the specific needs of financial institutions of all types, leverages Microsoft’s powerful Dynamics CRM platform to address the specialized CRM needs of commercial banking, retail banking and wealth management. Using EnAct, Central Bancshares will now have an integrated, adaptable sales management solution that helps bring structure and focus to sales activities as well as increased transparency to sales results. In addition, the bank will have access to the data it needs to help drive significant and sustainable customer acquisition, retention and cross-sales across their enterprise.

IMAGO Circumvents mPayment Implementation Obstacles

QSecure announced IMAGO powered payment card and mobile app for iPhone, Android, and Windows phones, allowing users to program their IMAGO card with their smartphone screen and can use IMAGO at existing credit card terminals. IMAGO accepts all major credit cards, gift cards, and loyalty cards and helps users maximize gift card redemption while radically slimming down their wallet or pocketbook. IMAGO addresses NFC implementation, as it can communicate directly with regular credit card terminals and with smart phones, forming a bridge between the two.

Retail Decisions Expands Fraud Protection Folio

ReD fraud prevention services announced it is teaming PAY.ON AG payments processor platform to offer card-not-present payment fraud prevention services to PAY.ON’s global network of payment service providers (PSPs). PAY.ON’s customer base can now benefit from the integration of ReD Shield®, ReD’s real-time fraud prevention service, into PAY.ON´s white label Platform-as-a-Service, PaySourcing, and PayPipe, the independent payment routing gateway. This will enable payment providers as ISOs, or other service providers, acquirers and financial institutions to become fully equipped PSPs in 48 hours or to outsource their entire PSP business into the cloud. The ReD Shield provides merchants and PSPs access to fraud prevention tools and techniques without the need for in-house investment.

Wells Fargo Ranks #1 Consumer Remittance Services Provider

The Inter-American Dialogue released a study today naming Wells Fargo & Company a top ranking consumer remittance services provider. Wells Fargo tied for first place with two other companies, out of a field of 37. The Inter-American Dialogue is the leading U.S. center for policy analysis, communication and exchange on Western Hemisphere affairs. This after Wells Fargo announced record growth for its Global Remittance Services and reported total consumer remittance value remitted in 2011 at $1.8 billion. Wells Fargo ExpressSend customers can send funds to their beneficiaries in most countries through their choice of four remittance alternatives- account to account, account to cash, cash to cash, or cash to account.

November Delinquency Rate Regains Lost Ground From October

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] After 12-months of straight improvement having snapped in October, Fitch’s 60+ Day Delinquency Index made up ground and improved one basis point (bp) to 1.70% in November. With this, late payments are down more than 26% year-over-year- the second lowest rate in any given month since the inception of Fitch’s index…

Fiserv Announces Annual Holiday Giving Accomplishments

Fiserv financial services technology solutions assimilated offices to donate over 16,000 pounds of food to Feeding America and the Global FoodBanking Network, which partner directly with local community food banks. Fiserv associates also raised over $76,000 to help the Mid-Atlantic and Northeast regions of the U.S. begin to rebuild after the devastation of Hurricane Sandy, which the company then matched dollar-for-dollar, up to $50,000, which resulted in more than $126,000 going to the Red Cross for Hurricane Sandy relief efforts. Fiserv associates nationwide also collected toys for the annual December Toys for Tots toy drive at Fiserv.

CorFire Integrates PayPal for mCommerce Services

CorFire mobile commerce business of SK C&C USA integrated PayPal “Checkout, “Mobile Express” and “PayPal Here” to advance the adoption of mobile commerce services. CorFire will work with PayPal to bring large merchants and their services including mobile closed-loop cards, offers, and loyalty programs into the PayPal’s mobile app. For merchants, this means being able to deploy their own mobile app including PayPal services and at the same time being part of the PayPal mobile app.

Panini appoints New CEO

The Panini Board of Directors announced John O’Malley is the new CEO. O’Malley most recently served as CEO of Memento, acquired by FIS, where he led the development and delivery of next generation technology solutions for bank management and mitigation of fraud. Prior to Memento, Mr. O’Malley was President and CEO of Harland Financial Solutions. He has also served in senior executive positions with Fiserv and Hogan Systems (now part of Computer Sciences Corp).

VeriFone Posts 4Q/12 Net Revenue Up 4% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] VeriFone Systems secure electronic payment solutions announced its fiscal 4Q/12 organic non-GAAP net revenues up 4% from the year-ago quarter. Its North America Organic non-GAAP net revenues were also up 22% both unadjusted and at constant currency, while international Organic non-GAAP net revenues declined 3% from the year-ago quarter but increased…

MasterCard Announces Minority Investment in C-SAM8

C-SAM m-wallet and MasterCard announced a global strategic partnership, as well as a minority investment by MasterCard. C-SAM provides the end-to-end infrastructure required to operationalize a mobile wallet. This includes back-end management infrastructure, software development kits and on-device software that support secure proximity near field communications (NFC), bar code, QR code and cloud-based transactions. Leveraging the MasterCard digital payment infrastructure including PayPass Wallet Services, C-SAM will be able to significantly enhance its current offering.

BSI Implements Fiserv Platform

BSI Financial Services (BSI) has selected the Fiserv “LoanServ” platform. BSI is replacing its previous banking system with LoanServ from Fiserv to automate many of its manual processes and provide enhanced default management capabilities and other services to its clients. Deploying “LoanServ” strengthens BSI business model and provides an advanced technology platform to support unprecedented growth. The “LoanServ” platform is available to help automate all loan servicing processes, including integrated default management and collections, cashiering, escrow and investor accounting for both closed-end and revolving loans.