Fiserv Upgrades Processing Platform

Fiserv made enhancements to its “Signature” bank platform for large to mid-tier U.S. financial institutions for extensive market and client input. Renamed “Signature 12.1,” the enhanced platform delivers solutions that enable banks to generate growth and improve efficiency. Advanced capabilities include the opportunity for financial institutions using Signature to: employ an enterprise level pricing strategy for all account types across retail, commercial and wealth management customer bases; expand and enhance commercial lending capabilities; and fight fraud and manage risk on the front line of their organizations. Upgrades involve Relationship Pricing and Analysis; an Onboard Advisor; and Commercial Lending for Signature 12.1. Other enhancements in Signature 12.1 include heightened efficiency in retirement processing.

Boy Scouts Deploy VeriFone POS for Fundraising

The Dan Beard Council of the Boy Scouts of America is the latest to implement “SAIL” by VeriFone to improve troop fundraising efforts for its annual Popcorn Sale. The Dan Beard Council is distributing SAIL card readers to individual troop leaders who sign up for the program. Those troop leaders are able to instantly sign up for merchant accounts and to assign multiple users to the account so that parents of individual scouts can run card transactions on iOS and Android devices, as well as handle voided sales and refunds, without access to account administrator functions. Each troop leader will receive a free SAIL card reader that can be used across multiple devices that utilize the SAIL mobile app; troop leaders can also request up to 10 additional readers to distribute to parents.

MCR Integrates GETI Gift and Loyalty Programs

My Clear Reports payments technology provider announced its MCR virtual business center has integrated gift and loyalty programs from Global eTelecom (GETI). MCR gives merchants anytime, anywhere access to the payment solutions, services and tools they want and need to help them manage and grow their businesses effectively from a single, integrated website and access to sophisticated custom reporting on payments data, as well as PCI compliance certification. An online marketplace offers ready access to merchant cash advances, online bill payments, prepaid business cards, and more to drive sales and facilitate money management. Customer Relationship Management (CRM) software for tracking, soliciting and communicating with customers via email and text messaging sales campaigns, plus business templates and forms, financial calculators, marketing tips, discounts on business and personal products and services are also part of the MCR integrated suite, with more capabilities being added on a frequent and continual basis.

Western Union Expands Intl Business Payments

Western Union Business Solutions launched its business-to-business service in for cross-border payment services in Chile, Cyprus and Jordan. In Chile, Western Union Business Solutions’ payment offerings will be provided by Chilexpress, a leading courier and logistics company with a presence in over 360 Chilean cities. Chilexpress has a strong customer base in a growing market that registers more than 140,000 SMEs. In Cyprus, Western Union Business Solutions will be introduced via GAP Vassilopoulos, a leading logistics provider with a strong SME client base while Western Union Business Solutions’ partner in Jordan is Kamal Exchange.

Union First Market Bank Launches iPad Banking

Union First Market Bank launched its ‘Tablet Banking’ for the iPad through Intuit Financial Services. Allowing users to access a wide variety of mobile banking functions, the Intuit solution gives access to view account balances and account transaction history; funds transfer; to pay bills on the spot; locate nearby ATMs; and access to bank websites. A recent Intuit study1 of 50,000 mobile banking customers found that people using a combination of online and mobile solutions are 45 percent more likely to interact with their financial institution than those who only go online.

Broadridge Conforms Trade Platform to Dodd-Frank

Broadridge Financial Solutions has enhanced its “PROactive Matching” platform to help financial organizations meet the new Dodd-Frank disclosure requirements for foreign exchange (FX) trade repositories. Requiring firms to identify individual FX transactions to new data repositories by using a Universal Swap Identifier (USI) that uniquely indentifies each trade, the Dodd-Frank requirement is now facilitated in “PROactive Matching.” It offers a highly efficient pre-settlement confirmation matching solution that offers a single point of control for the matching and management of multiple confirmation sources, such as FpML (XML), Web Portal, email, fax, paper and SWIFT messaging.

WePay does a YouTube with new payments embed code

WePay online payment announced buttons that allow merchants to accept payments on their own sites without requiring them to write code or redirect their customers. It’s as easy as copy-and-paste. No Programming – If you can embed a YouTube video you can accept payments with WePay. It’s as easy as copy-and-paste. No Redirect – The entire checkout process takes place on your site. Your customers never have to leave. Just embed the button, and we’ll handle the rest. Simple Pricing – No setup, monthly, or hidden fees. Just 2.9% + 30¢ for credit cards and 1% + 30¢ for bank payments. ‘Add to Cart’ buttons let you sell multiple items; ‘Donate’ buttons help you raise money online; ‘Register’ buttons make event registration simple.

Kilowatt Credit Union chooses First Data Debit processing

Kilowatt Credit Union selected First Data for debit processing services. Having joined the Star Network, signing a multi-year agreement under which STAR will provide PIN-secured debit point-of-sale (POS) and ATM access to its cardholders, Kilowatt Credit Union serves the employees and families of Alliant Energy Corporation and its subsidiaries. The League has had a relationship with First Data for debit processing services for more than a decade. STAR EFT networks has more than 2 million retail and ATM locations, and a First Data company. First Data is a global leader in electronic commerce and payment processing.

Animas Credit Union Selects XP2 from Fiserv

Fiserv financial services technology solutions and the leading provider of business driven technology solutions for credit unions, announced Animas Credit Union implemented its “XP2” account processing solution. Animas Credit Union also selected “Mobiliti” for mobile banking, Virtual Branch® for home banking, bill payment and online lending, ConvergeIT®: IVR for voice response and Wisdom™: Accounting for financial management, as well as solutions for ATM and debit processing and card, print and e-statement production.

US businesses Now Process 15.5B Remittances Monthly

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. businesses now process 15.5 billion remittances monthly with domestic and international trading partners, only 14% of which are sent simultaneously with payments, indicating businesses currently re-associate the remaining 13.3 billion remittances that are sent separately each month. For businesses, the timeliness of remittance information is the most important aspect of…

MCR Launches MerchantCard MasterCard Prepaid Business Card

My Clear Reports has added the MerchantCard MasterCard Prepaid Business Card to its MCR virtual business center for merchants. The MerchantCard is a virtual bank account and business card designed for business owners and their employees, providing all the benefits of a traditional bank and debit card relationship, without the need for a bank account. The MerchantCard can be used for purchases or to access cash anywhere MasterCard is accepted worldwide. Merchants gain complete control of funds with features such as automatic email and text alerts when purchases are made, funds are loaded or transactions of any type occur.