Elan Financial Services launches a new credit card partnership with People’s United Bank. The deal provides a full suite of MasterCard-branded products with valuable reward options to the bank’s customers as well as access to enhanced payment technologies, such as digital wallets and real-time activity alerts.
Prosper Marketplace, has ankled Parker Barrile as Chief Product Officer. Barrile will be responsible for expanding Prosper Marketplace’s product and user experience teams and managing Prosper Marketplace’s expanding product suite across web and mobile platforms.
Humboldt Merchant Services is funding Operation Underground Railroad (OUR) and Vista Maria. These two world-class organizations are dedicated to the eradication of human trafficking and sex slavery.
Summer may be a big season for weddings, but a recent online poll by the National Foundation for Credit Counseling© (NFCC©) revealed that many believe smaller is better when it comes to the cost of the celebration. Among those responding, 65% felt that it would be best to have an affordable wedding and skip or…
CardWeb.com’s CardData database of Company Profiles today features data communications and interoperability solutions provider Transaction Network Services. Founded in 1990 in the United States, TNS has grown steadily and now provides services in over 60 countries across the Americas.
China UnionPay ATMs topped the 600,000 milestone in 2014 and now growing 20.6% per year. CUP added nearly 100,000 ATMs last year. The construction of small outlets such as “community banks” and “financial convenience stores” in China will likely spur the demand for ATMs in 2015.
CardWeb.com’s CardExecs da tabase of card industry movers and shakers today features Debra Adlis, Senior Vice President and CFO of the National Foundation of Credit Counseling (NFCC).
Pamela Joseph, vice chair at U.S. Bancorp and head of the company’s payment services division, was recently honored by the Electronic Transaction Association with the 2014 Distinguished Payments Professional Award. Joseph is recognized not only for her business acumen but as a thought leader on the role financial institution play in the evolving payments industry. In addition to her daily business activity, Joseph leads the Women Leaders in Action (WLA), a women’s resource group uniting women across U.S. Bank Payment Services with a mission to provide support for community-based programs. The Distinguished Payments Professional award is intended to recognize an industry leader, acknowledged trend-setter, role model, and positive contributor to the efficacy and overall image of the industry.
FIS announced the acquisition of CMSI consumer loan origination software and services for undisclosed transaction terms. CMSI is a leading provider of consumer loan origination and portfolio management software to a broad spectrum of financial institutions within the U.S. and Canada ranging from community-based institutions to large, international lenders.
Fiserv financial services technology announced that Finger Lakes Federal Credit Union (Finger Lakes FCU) enhanced its digital banking and payment capabilities through the addition of multiple solutions from Fiserv. These include Corillian Online® and Mobiliti™ for online and mobile banking, AllData® PFM for personal financial management, and CheckFree® RXP® and Popmoney® for bill payment and person-to-person (P2P) payments. Finger Lakes FCU, which is seeing increased use of its electronic channels, is using the new technology to position the credit union to grow in a competitive market. By offering both Corillian Online and Mobiliti, Finger Lakes FCU delivers a convenient, consistent experience across the online and mobile channels.
Wells Fargo announced Wells Fargo customers completed more than one billion paperless transactions at its ATMs since 2009 and now have the option to conclude a transaction without an ATM receipt or to select a receipt to be sent to an Online Banking inbox, a designated personal e-mail account, or a mobile phone number. Customers have avoided using more than 300 million feet of receipt paper which could circle the earth’s circumference more than two times – approximately 63,000 miles. To increase the choices available to customers and further reduce paper waste, a text receipt option was offered to customers at Wells Fargo ATMs nationwide in June 2013. Wells Fargo was the first bank to offer email and text receipt options to its customers.
Wells Fargo & Company is temporarily waiving all remittance transfer fees for ExpressSend® transfers from a linked checking or savings account for customers sending money using the ExpressSend service to friends and family impacted by the floods in the Philippines. The fee waiver is effective August 26, through September 15, 2013. The ExpressSend service allows your beneficiary to receive funds at over 6,400 locations in the Philippines, including all offices of BPI, BDO Unibank, M. Lhuillier, Metrobank and Cebuana Lhuillier.