Permissionless Innovation
The Bancorp Finetics Studio video series, which features one-on-one conversations with more than 30 of the financial services industry’s most influential and innovative executives, has released its second installment.
Bancorp Finetics
The Bancorp Finetics Studio video series, which features one-on-one conversations with more than 30 of the financial services industry’s most influential and innovative executives, has released its first installment.
BattleHack 2015
PayPal and Braintree named the $100,000 USD grand-prize winner of its 2015 BattleHack Series. The 24-hour BattleHack World Finals took place at PayPal Headquarters in Silicon Valley and hosted 14 teams of developers from across the globe, all winners of their regional BattleHack competitions.
Powa partners iConnect for tablet POS
Powa Technologies announced a partnership between its PowaPOS retail payments platform and iConnect POS software to provide a robust, fully-integrated and advanced tablet-based POS solution. The PowaPOS T-Series is the first POS platform that integrates all major tablet platforms, with a high-speed printer, 2D barcode/QR code scanner, cash drawer, EMV payment terminal and multiple expansion ports, together in an attractive, all-in-one space saving form-factor. The optional PowaPIN is the world’s smallest EMV chip-and-pin acceptance device. iConnect’s iOS tablet software provides merchants with consolidated services, fully customizable for merchant needs. Features include inventory tracking, employee management, multiple language and multi-location support, real-time reporting, CRM, email and text message marketing.
American Express Integrates ReceiptMatch App
American Express OPEN, the small business division of the financial services company, and Intuit, announced the launch of ReceiptMatch with QuickBooks. This mobile and desktop integration is designed to help small businesses seamlessly sync Business Card expenses with QuickBooks, helping to alleviate end-of-the-month pileups of expense receipts. ReceiptMatch, the mobile app and web-based service that launched last year, helps small business owners reconcile receipts with their American Express Business Card online account on-the-go. The new feature will close the gap between the time when the Business Card is swiped for a purchase and the expense is entered into QuickBooks. This will mark the first time a Business Card will be integrated directly into QuickBooks. Moreover, as businesses rely on their Business Cards to make large ticket purchases, the integration will help make for a faster and easier accounting process.
SPOTPAY FEATURED IN NYC STORE
This holiday season, WIRED, a Condé Nast brand, is bringing a unique retail experience to New York City. The annual WIRED Store features SpotPay(TM) in addition to the hottest electronics, rare objects d’ art, apparel and accessories, musical instruments, kitchen gadgets, adventure gear, and much more. Located in the heart of the Meatpacking District, at 353 West 14th Street, the Store will run from December 4th through December 22nd, on Tuesday-Sunday from 12 p.m. to 8 p.m.
Fiserv Announces Marketing Director, Digital Payments
Fiserv announced Matt Wilcox as its Managing Director, Marketing Strategy and Innovation, Digital Payments, where he will guide the holistic marketing of Fiserv payment solutions, with a focus on those that support digital and emerging payments for consumers and small businesses. Wilcox will also oversee collaboration opportunities with Fiserv clients who are early adopters of emerging payments technologies and establish partnerships with other emerging technology companies. Wilcox is a recognized industry expert on channels and payments, and is a frequent speaker at industry conferences on topics including payments, digital channels, marketing, multi-channel integration, social media and risk management. He is an active participant in industry groups such as the American Bankers Association (ABA), the Bank Administration Institute (BAI), the Forrester eBusiness Council and the Social Media Business Council. He was recently recognized by Bank Innovation as one of the 2013 Innovators to Watch: 44 Executives Shaping the Future of Banking.
CIMB Niaga and JCB Partner on Card iIsuance
Bank CIMB Niaga Tbk, the 5th Largest Bank in Indonesia and PT. JCB International Indonesia, a subsidiary of JCB International Co, Ltd., the international operation subsidiary of JCB Co., Ltd., are pleased to announce the commencement of partnership for credit card issuance and merchant acquiring business. JCB and CIMB Niaga are due to launch the merchant acquiring business in July 2013 and are ready to accept JCB card as means of payment, starting with Jakarta and Bali as the first area to be focused. Having JCB as a new principal for credit card issuing business provides CIMB Niaga with more credit card products to target the affluent segments. With the strong presence of JCB merchants across East Asia, especially Japan, Korea and China, the new CIMB Niaga JCB Credit Card will provide benefits to the cardmembers since many of the cardmembers from this segment are traveling to those countries.
Fiserv Popmoney Launches Instant Payment Solution
Fiserv financial services technology solutions launched its “Popmoney Instant Payments.” Available now to eligible financial institutions that offer “Popmoney,” “Instant Payments” lets users send money credited to the recipient’s account within seconds. This feature extends the functionality of the Popmoney social person-to-person payments service, making it indispensable when an immediate exchange of money is required. Uses could include making a last-minute rent payment, sending money to a family member in an emergency or paying a small business or service provider upon completion of a project. The “Popmoney Instant Payments” leverages extensive portfolio of payment capabilities from Fiserv to enable fast and secure money movement. The “Popmoney” platform intends to expand its connectivity options through other networks and connection points.
Union Bank Deploys Fiserv ePayment Platform
Fiserv financial services technology announced Union Bank has deployed its “CheckFree RXP” electronic bill delivery and payment for online and m-banking. The “CheckFree RXP” platform leverages the Fiserv biller network to enable electronic bill payment, connecting thousands of businesses to financial institutions and consumers. Its “Payment Assistant” feature allows Union Bank customers to receive, view and pay all their bills in one place. Customers will retain control over the payment process by choosing the date they want their bill to be paid from an interactive calendar. Customers will also enjoy faster payment delivery, as most payments made via CheckFree RXP can be delivered the next business day or the same day.
Fiserv Combines P2P Payments With mBanking
Fiserv financial services technology solutions has integrated its “Popmoney” P2P payments service on the “Mobiliti” mbanking and payments platform. This allows P2P payments initiated directly from a user’s mobile banking account, enhancing the functionality of mobile banking by enabling consumers to pay people they know or owe using their email address or mobile phone number. Consumers can also manage incoming payments and review their transaction history. Popmoney is now readily available within the Mobiliti mobile banking user interface, making it easy for users to manage their mobile banking and payments activity from a central hub. With mobile banking adoption surging and consumers beginning to utilize the service in more sophisticated ways, it has become increasingly important for financial institutions to deliver a unified set of mobile banking and payments options. The Popmoney service is integrated into the CheckFree® RXP® electronic billing and payment solution and the Corillian Online® and Virtual Branch® online banking solutions from Fiserv and is available as a standalone service.
Fiserv Names New SVP, Emerging Payments
Ginger Schmeltzer has joined Fiserv as senior VP, Emerging Payments, Digital Payment Solutions to lead the development and execution of enterprise-wide initiatives to facilitate the delivery of new payment services. Initially focusing on the rapidly evolving mobile payments market Schmeltzer comes to Fiserv a seasoned financial industry professional with significant experience spanning both digital channels and payments. She was most recently senior vice president of Digital Channel Management at SunTrust Bank where she oversaw online banking, mobile banking and digital money movement technologies. Here she developed and executed strategies for mobile financial services, person-to-person payments and electronic billing and payment.