TCH & VocaLink
The Clearing House (TCH) has inked a LOI with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time payment system for the United States.
Alkami & CO-OP
Alkami Technology, Inc. and CO-OP Financial Services says First Tech Federal Credit Union has selected the companies’ fully-integrated online and mobile banking bill payment solution to deliver the ultimate digital banking experience.
Credit Unions Select DNA from Fiserv
Fiserv, Inc. today announced that four Puerto Rican credit unions have selected the DNA(TM) account processing platform through USICOOP, a San Juan-based cooperative. With combined assets of nearly $1 billion, the four credit unions will use the DNA platform to improve efficiency and provide the technical foundation to attract additional credit unions to the co-op. Serving a combined membership of over 100,000, Credicentro Coop, MaunaCoop, CamuyCoop and CoopRincón created USICOOP in 2013 to cost-effectively transform their enterprise technology. After a thorough evaluation of core platforms, USICOOP selected DNA, and with it, plans to lead a technological transformation in Puerto Rico’s financial services industry.
Fiserv Announces Latest Processing Client
Fiserv announced that SAC Federal Credit Union selected its DNA account processing platform and several surround solutions to accelerate its rapid growth. DNA from Fiserv is the first open, person-centric core banking platform built for collaboration. DNA was completely rewritten using Microsoft’s leading .NET Framework for a state-of-the-art core platform that banks and credit unions can rely on for the long-term. With DNA, SAC FCU benefits from 24/7 real-time processing, robust retail, mortgage and commercial banking capabilities, and a 360 degree view of its retail and business relationships. With the DNAcreator development toolkit, the credit union’s technical staff can create seamlessly integrated, custom core extensions called DNAapps™ that add new functionality, screens and processes to DNA. SAC FCU can sell its DNAapps to other financial institutions as well as purchase those created by others through the DNAappstore – the first collaborative online marketplace for custom core applications.
Credit Union ONE selects DNA from Fiserv
Credit Union ONE has selected the Fiserv DNA account processing platform from Fiserv to increase efficiency and implement its long-term growth strategy. Leaders at the $810 million asset credit union cited the DNA platform’s easy integration, highly configurable feature-set and innovative DNAcreator™ toolkit as key to its decision. Recognized by industry-leading analysts for its technology, user experience and breadth of functionality, DNA from Fiserv is the first open, person-centric core banking platform built for collaboration. DNA was completely rewritten using Microsoft’s leading .NET Framework for a state-of-the-art core platform that banks and credit unions can rely on for the long-term. With DNA, Credit Union ONE benefits from 24/7 real-time processing, robust retail, mortgage and commercial banking capabilities, and a 360 degree view of its retail and business relationships.
Wildfire CU Deploys Fiserv Processing
Fiserv announced Wildfire Credit Union selected its “DNA” account processing platform and a comprehensive set of integrated solutions from Fiserv to better serve its more than 37,000 members. The “DNA” platform from Fiserv is the first open, person-centric core banking platform built for global collaboration. DNA was completely rewritten using C# within the .Net framework for a state-of-the-art core platform that banks and credit unions can rely on for the long-term. With DNA, clients benefit from 24/7 real-time processing, robust retail, mortgage and commercial banking capabilities and a 360 degree view of retail and business relationships. Wildfire will also implement “Nautilus” enterprise content management, Prologue™ financial accounting, ConvergeIT® interactive voice response, AML Manager anti-money laundering and the CRM/BI suite for DNA.
ACI Worldwide Announces New Banking Services Client
ACI Worldwide announced Desert Schools Federal Credit Union ($3.1 billion in assets) selected its online banking and bill payment services to enhance its technology services to over 321,000 members. The institution selected ACI’s Architect Banking for its flexibility and configurability for delivering online and mobile banking capabilities. By utilizing the Software Developers Kit (SDK), DSFCU will have the tools needed to grow its online banking application to meet the ever-changing needs of its member base, all while providing a user experience that is highly intuitive and personalized. ACI’s Electronic Biller Directory and proprietary Real-time Digital Scanline technology maximizes payment accuracy for both DSFCU and its members, resulting in faster payment delivery and fewer payment errors.
Kony Launches Improved Mobile Retail App
Kony Solutions mobile and multi-channel application platform provider introduced a new version of its “Kony Mobile Retail” packaged mobile solution. At the Shop.org show, where the solution was introduced, Kony’s Chief Mobile Officer will partake in a “Masters of Mobile” panel discussion on the connection between retailers and consumers. Kony Mobile Retail was designed for both online and brick-and-mortar retailers. New features allow customers to browse entire product catalogs, use store locators, shopping carts, gift registries, and loyalty cards. It is also configurable with web-based interface lets marketers and developers create personalized and individually-branded mobile experiences, modify look-and-feel, enable and disable features, and re-organize menus – all without any coding and extended to support business-specific applications and requirements, such as third-party solutions or a retailer’s own custom-built modules.
Kony Upgrades mBanking Offering
Kony Solutions mobile banking launched its Version 2.0 of “Kony Mobile Banking” turn-key mobile solution built on its “KonyOne 4.0” platform. The “Kony Mobile Banking 2.0” offers immediate access to state-of-the-art mobile banking features, such as payment approvals, mobile check deposits, and full account management capabilities. Only Kony Mobile Banking provides companies with the flexibility to integrate business-specific intellectual property into their applications. Kony Mobile Banking has remote deposit capture and payment approvals; offers a web based administration interface allowing for quick look-and-feel modification to enable and disable features; and it integrates easily into any back-end system.
Oracle Financial Services Launches Multi-channel Banking
Oracle Financial Services introduced Oracle “Flexcube” solutions for multi-channel banking. The “FLEXCUBE” Multi-Channel Solution, with new versions of Oracle “FLEXCUBE” Direct Banking and Oracle “FLEXCUBE” Private Banking lets banks offer complete portfolio view-based products and services on multiple direct channels, including mobile devices. Banks can introduce highly personalized offerings while reducing customer acquisition costs by offering a comprehensive range of products through a one-stop portal. The “FLEXCUBE” Multi-Channel Solution lets banks transition customers from transaction-based primary banking services to advanced customer portfolio tracking and investment consulting. The Multi-Channel Solution supports banking operations across multiple countries, currencies and languages.
Reliant Security to Feature the MPS Redbox Security Suite
Reliant Security, a leading provider of data-security software, hardware and services will be exhibiting at the NACS Show October 2-4 at McCormick Place in Chicago, IL. Reliant Security will feature the MPS Redbox at its exhibit (booth 7607), which simplifies the process for multi-site retail merchants to achieve and maintain compliance with the PCI DSS. Redbox virtualized, open platform provides the extensibility to support additional in-store systems, allowing merchants to deploy one Redbox appliance in a store to operate and support multiple applications.
Paymetric Announces Annual Customer Innovation Awards
Paymetric ntegrated and secure enterprise payment acceptance solutions announced the winners of the 2011 Paymetric Customer Innovation Awards. The annual awards honor the most exceptional and innovative achievements made by companies utilizing Paymetric solutions. They include “Best Use of Technology” to LEGO System; “Best Global Use of Technology” to Lenovo Group; “Best Use of Data Intercept Technology” to the Whirlpool Corporation; “Product Innovation” to LTD Commodities; “Client Services Collaboration” to Movado Group; “Solution Extensibility” to McKesson; and “Paymetric Advocate” to Victorinox Swiss Army.