NC-based Medfusion released a new patient payment and revenue management solution. Medfusion Pay is a suite of four key products that enable healthcare practices and organizations to collect copays and balance payments at seven different points in the patient encounter journey.
Almost 56% of millennials would switch from their current bank for an account that did not automatically pay overdraft items for a fee. Also, while online banking is the preferred money management channel for all segments analyzed, millennials are three times as likely to report that mobile is their preferred channel.
Fiserv announced FirsTier Bank implemented its Premier bank platform along with a host of additional Fiserv solutions. The innovative navigation tools and efficient processing capabilities within the Premier bank platform were determining factors in FirsTier Bank’s selection of Fiserv. The bank expects the user-friendly, browser-based design of Teller Source Capture(TM) from Fiserv to save staff time, while shortening transaction times for customers. By simplifying workflows and business processes, FirsTier Bank anticipates it will be able to offer more convenient, value-added customer service. Known for its robust functionality and scalability, Premier is the bank platform for a wide range of financial institutions with diverse goals, customers, technology strategies and operating environments. Open integration to an extensive set of best-in-class Fiserv solutions and flexible deployment options make this a versatile solution.
Cardlytics Card-Linked Marketing announced its platform has been deployed by San Diego County Credit Union (SDCCU) to provide targeted rewards to their members in San Diego, Riverside and Orange counties. SDCCU implemented the platform through an ongoing partnership between Cardlytics and Fiserv, which provides SDCCU with Corillian Online, the industry’s leading online banking solution. Relevant offers are now presented on each member’s checking account detail page within the credit union’s secure online banking platform – achieved by leveraging information about previous purchases. There are no coupons or promotion codes required and no member data leaves the credit union’s secure environment.
Fiserv financial services technology solutions announced six financial institutions have implemented Cleartouch from Fiserv for account processing, online banking, risk management, check capture, mobile banking, document imaging, card production, bill payment and accounting. The Cleartouch bank platform is an integrated, end-to-end solution that delivers real-time capabilities. The banks include Mansfield Bank, a $372-million bank headquartered in Mansfield, Mass.; The Home Building & Loan Company, a $43-million bank in Greenfield, Ohio; Kennebec Federal Savings & Loan Association in Kennebec, Maine; Magyar Bank, headquartered in New Brunswick, N.J.; Webster City Federal Savings Bank, a $91-million bank in Webster City, Iowa; and Winchester Savings Bank in Winchester, Mass.
Fiserv announced that six financial institutions have recently chosen “Cleartouch” from Fiserv for account processing. Related solutions for this service include online banking, risk management, check capture, mobile banking, document imaging, card production, bill payment and accounting. These institutions include Mansfield Bank, a $372-million bank headquartered in Mansfield, Mass; The Home Building & Loan Company, a $43-million bank in Greenfield, Ohio; Kennebec Federal Savings & Loan Association in Kennebec, Maine; Magyar Bank, headquartered in New Brunswick, N.J.; Webster City Federal Savings Bank, a $91-million bank in Webster City, Iowa; and Winchester Savings Bank in Winchester, Mass.
Fiserv, a leading global provider of financial services technology solutions, announced that Magyar Bank has selected the Cleartouch bank platform from Fiserv as the foundation of a multi-product agreement. The $520-million bank, headquartered in New Brunswick, N.J., cited improved integration, solid client support and low-cost technology ownership as key factors in its decision. In addition…
Cardlytics transaction-driven marketing for banks partnered with ActivePath and its “2Way Email Banking Systems” to launch its joint marketing agreement to let retailers embed offers into eStatements for banking customers to receive, view and transact within email. The ActivePath solution lets banks and card services overcome the limitations of email systems, allowing them to capitalize on the huge untapped potential of email as a communications, sales and marketing channel. The Cardlytics’ transaction marketing platform uniquely gives retailers a way to present relevant offers to targeted consumers – directly in their bank statement – where they are most likely to be noticed and acted upon. Banking customers can now receive enhanced offer-carrying eStatements directly into their inbox to be viewed and transacted from within in the email message at their convenience without the need to log on to the bank’s website or download the statement.
Bellco Credit Union announced new online security features and streamlined banking and reporting tools for its more than 4,700 business members. Over the past 12 months, online banking demand has increased 45% for Bellco business members as measured by transaction volume. New online business banking functionality enables members to capitalize on 24/7 secure online access to manage their transactions, access historical and trend reports, and confidently upload financial and employee records without fear of data or identity theft. Online business banking continues to offer the credit union members quick and easy, around-the-clock access to a full range of reporting tools and business banking services. These improvements include Check imaging, eStatements, Funds transfer and its Business credit card.
Open Solutions’ “DNA” relational core processing will now serve the First National Bank of Elmer with integrated enabling technologies. Using .NET technology, the “DNA” processing enhances workflow, flexibility and productivity with the flexibility necessary for running a service-oriented financial institution. Available as an in-house or outsourced solution, it helps financial institutions streamline both front- and back-office processes and creates a centralized view of customers, employees and business partners. First National Bank of Elmer will implement DNA in an outsourced environment through Open Solutions’ data center.
The RBC Royal Bank is marketing solutions to the environmental-friendly
banking segment with the “Make a statement with your statement”
campaign. With this campaign, the bank intends to raise up to $1 million
for donation to the Nature Conservancy of Canada’s (NCC) wilderness
protection and stewardship programs. For every account holder who
switches to a paperless statement option, the bank will donate five dollars
to the NCC. RBC will also offer “Homeline Plan” clients an opportunity to
receive a $300 rebate towards a home energy audit, a chance to win
$25,000, and to receive online tips and information about energy-efficient,
eco-friendly home renovations and upgrades. The campaign will also
consist of a $50 donation to the NCC for every hybrid vehicle financed
through the bank and a discount of $25 for Ontario and Alberta residents
on renewable power through Bullfrog Power.
OR-based Corillian reported that revenues for the first quarter were $16.5 million, compared to $14.3 million for the first quarter of 2006. Net loss for the first quarter of 2007 was $1.1 million, compared to net loss of $971,000 for the first quarter of 2006. On February 13th, Corillian entered into a merger agreement pursuant to which CheckFree will acquire all of the outstanding shares of Corillian’s common stock for $5.15 per share in cash. Corillian’s shareholders approved the merger on April 30th. Corillian serves over 35 million online banking end users. For complete details on Corillian’s first quarter performance visit CardData ([www.carddata.com]).