Ixaris global electronic payments launched its “Opn Card Guardian” payment application to automate corporate purchasing through one-time-use virtual Visa cards. The “Opn Card Guardian” solution lets Companies issue employees company-branded open loop virtual Visa cards that are pre-loaded with funds and configured in various ways to ensure that purchases comply with internal expense control arrangements for reduced reconciliation discrepancies and unauthorized purchases.The first commerce-enabled payment solution that provides open access to the Visa and MasterCard networks and global money transfer networks, “Opn Card Guardian” lets businesses create secure, compliant and flexible payment applications without the cost of legacy platforms.
Seattle-based mPoria has launched its “GoMobile!” m-commerce service enabling retailers to sell physical products via mobile channel. Retailers are able to build their own company-branded mobile shopping site without the need for an in-house development team; merchants simply use a wizard to establish a site and within 30 minutes of set-up, mPoria launches the site to millions of U.S. consumers with mobile devices. Industry research firm Telephia reports in 2006 alone sales from m-commerce jumped more than 40%, increasing from $1.8 billion to $2.6 billion. mPoria is a provider of mobile commerce solutions in North America.
CA-based Tempo Payments and OK-based gas retailer QuikTrip Corporation have introduced a company-branded debit card that will provide customers with lower-priced gas at the pump. QuikTrip will begin a phased roll-out of a debit card that can be used at 200,000 other retail outlets nationwide that accept payments via Tempo, including Wal-Mart, Sam’s Club and CVS. QuikTrip is a marketer of motor fuel and convenience store merchandise. Tempo provides all card-accepting merchants with a low fee per transaction that is significantly less expensive than traditional credit and debit cards.
WA-based Fidesic Corporation has launched Fidesic Payments to offer mid-sized companies an affordable system to automate the processes of creating, authorizing and sending payments. Fidesic Payments transforms the labor-intensive, paper-laden, traditional payment process into an efficient, automated operation. Fidesic Payments eliminates the need to have to print, fold, stuff and mail payments. Fidesic is certified by TRUSTe, and all data is encrypted, ensuring that customer information is both secure and private.
Corillian Corporation, a leading provider of electronic commerce solutions and Web-based financial services, announced Friday that it has inked a contract with Downey Savings, one of the largest financial institutions in the nation, to install the Voyager platform and provide a customized, company-branded, Web-based user interface. The Voyager platform will allow Downey Savings to extend its banking products and services nationwide, allowing customers to access real time account information and pay their bills through both their browser and OFX-based PFM software. Installation of Voyager at Downey Savings is expected in the latter half of 1999.
“Downey Savings selected Corillian as its Internet banking solution provider because Corillian has demonstrated its ability to deliver production tested solutions and professional service expertise,” said Jill Bonner, Downey Savings’ Director of Retail Banking. “Corillian has built a solid foundation to meet all the Internet-based needs of our customers today, while setting the framework for future product enhancements. And the product promises security, an important feature for us, as we’re obviously concerned with protecting our customers’ sensitive account information.”
“Corillian is proud to work with Downey Savings,” said Ted Spooner, Chairman and CEO of Corillian. “Downey has a 42-year history of personalized customer service. Over the years, their technological choices have supported significant growth while maintaining top quality, one-on-one customer care. We look forward to providing them a production-proven, cutting edge Internet banking platform.”
Corillian’s Voyager platform is a high-performance middleware server built upon the Windows NT operating system and is designed to handle Internet-delivered banking and bill payment transactions. The Voyager platform provides a link between financial institutions’ legacy host systems and customers using OFX-enabled personal financial management software and browser-based (HTML) interfaces. Corillian Client Applications enable financial institutions to differentiate and brand their Internet service. The browser based (HTML) user interface and MoneyPAD(TM) Personal Finance Appliance interact with the Voyager platform so consumers can easily access real time financial information.
About Downey Savings
Downey Savings and Loan Association, F.A., held by Downey Financial Corp., (NYSE: DSL) is headquartered in Newport Beach and has helped California residents with their banking and borrowing needs since 1957.
With assets in excess of $6 billion, Downey Savings, an Equal Housing Lender, has 95 locations throughout California and also offers home loans nationwide. The stock of Downey Financial Corp. is traded on the New York Stock Exchange and Pacific Exchange under trading symbol “DSL.” The Downey corporate Web site address is http://www.downeysavings.com.
About Corillian Corporation
Based in Beaverton, Oregon, Corillian is the leading provider of end-to-end Internet banking solutions that help financial institutions become on-line financial service providers. The Voyager platform is built upon the Windows NT operating system and uses the latest Microsoft(R) communications technology, Distributed COM (DCOM). Voyager server applications support core banking and bill payment transactions. Future applications will support brokerage, bill presentment, small business and cash management transactions. Voyager handles transactions for Corillian’s customizable browser-based (HTML) financial interface, Corillian’s MoneyPAD(TM) Personal Finance Appliance (PFA), and OFX-enabled personal financial managers like Quicken(R) and Microsoft(R) Money. For more information, visit [www.corillian.com].