Other Breaking News
In today’s CardFlash News Que: BUZZPOINTS (Mills); SHIFT4 (Darien); CASHSTAR (webinar); and TECHNAVIO (POS).
Newegg Credit Card
Synchrony Financial has inked a new, multi-year agreement to offer private label credit card and small business financing programs for customers of Newegg.com and NeweggBusiness.com.
Synchrony Financial
CardWeb.com’s CardData database of Company Profiles today features processor Synchrony Financial. The Company is the largest provider of private label credit cards in the U.S.
Rooms To Go Card
Synchrony landed a multi-year renewal of its private label credit card program with Rooms To Go. The program was first launched in 2002.
Sleep Number Card
The largest provider of private label credit cards in the U.S. has added Select Comfort to its portfolio. Synchrony Financial (f/k/a GE Capital Retail Finance) signed a multi-year agreement with Select Comfort Corporation for the card program which offers a number of financing options.
Green Dot Names GoBank GM
Green Dot Corporation has named Joshua Goines General Manager of GoBank, Green Dot’s award-winning, FDIC-insured checking account offering and in this position. Joshua will be responsible for GoBank’s overall strategy and operations. He joins Green Dot from PayPal, where he most recently served as Senior Director, Head of Retail Market Development and played an integral role in overseeing the strategy and execution to grow PayPal’s retail offline business. In this role, Mr. Goines and his team quickly scaled PayPal’s retail acceptance network. He also helped launch and manage a series of key industry partnerships, including Discover Financial Services. Prior to PayPal, Mr. Goines served as Chief Financial Officer of Tempo Payments, Inc., a leading company in the decoupled debit card niche that was named top financial services startup by Fast Company and was acquired by Vantiv. While at Tempo, Mr. Goines developed the strategy for the payment industry’s first SaaS solution that enabled customers to cost-effectively offer co-branded payment cards and which received a CODiE Award for Best Open Source Solution.
Green Dot Hires Joshua Goines
Green Dot Corporation today announced it has named Joshua Goines as General Manager of GoBank. GoBank is Green Dot’s award-winning, FDIC-insured checking account offering and in this position, Joshua will be responsible for GoBank’s overall strategy and operations.
Raymond James Deploys Signature from Fiserv
Raymond James Bank has chosen Fiserv for an enterprise-wide banking solution. Centered on the Signature® bank platform, the total Fiserv solution set for Raymond James Bank includes Aperio™ for business process management, Nautilus® for enterprise content management, Prologue™ for financial management, Corillian® Online for online banking, CheckFree® RXP® for bill payment, and solutions for debit, ATM and item processing. Signature is a complete, real-time, SOA-based solution that delivers customization, system integration and business process improvement to traditional and nontraditional financial institutions around the world. Highly scalable in mid-to-large size institutions in 45 countries and 21 languages, Signature provides a flexible, cost-effective solution for account processing.
Bank of the West renews First Data contract
First Data will continue to provide debit processing, ATM driving and network services through its card processing platform and Star Network to Bank of the West, an FDIC-insured bank serving customers for more than 135 years. This renewed five-year agreement will also expand the relationship. First Data has provided debit processing and network services to the bank since 1996, and has driven its ATMs since 2008. With this expanded agreement, First Data will also provide credit processing.
Chase Liquid to Adopt New Disclosure Box
Chase today unveiled a new simple and clear disclosure form for its Chase Liquid® prepaid card. Chase is the first prepaid provider to adopt a new model disclosure box released today by Pew Charitable Trusts. The new disclosure form allows customers to plainly see a description of fees and when deposits are available in a simple, easy to read format. The new prepaid disclosure form builds on Pew’s success in creating a model simple disclosure form for checking accounts. In December 2011, Chase worked with Pew to develop a revised summary guide for Chase Total Checking that made its terms and conditions easier to understand for consumers.
Q2 Deploys Virtual Banking Platform
Q2 secured virtual banking and Urban Partnership Bank deployed upbAnywhere for online and mobile banking. Using the Q2platform, Urban Partnership Bank account holders can now securely access their bank accounts and manage money whenever and wherever they want using a computer, tablet or mobile phone. Q2’s technology offers Urban Partnership Bank convenient, round-the-clock banking for the underserved and under-banked populations of Chicago and Detroit. Q2 helped Urban Partnership Bank implement Anytime, Anywhere Access, mBanking and Better Record Keeping.
ProPay Launches Mobile Rent Payment
ProPay, a TSYS company and industry leader in merchant services, payment security, and mobile payments, launched its service to provide rent payments via mobile devices for the property management industry. The technology empowers residents to pay rent, communicate with property managers and submit maintenance requests instantly through any smart device without having to login or download a traditional app. Property managers may also implement mobile credit card readers to collect application fees and security deposits with virtually any smartphone or tablet using the ProPay JAK™. The service is powered by Aptexx, the first mSaaS (mobile Software-as-a-Service) provider that utilizes Responsive Web Design and HTML5 technology to provide mobile rent payments for the property management industry.