P97 + Chase Pay
Houston-based P97 Networks says they will launch a program to enable mobile commerce with Chase Pay to pay at the pump and make in-store purchases with their smart phones.
Cardtronics & Target
Houston-based Cardtronics has renewed its ATM services agreement with Target. The latest agreement, a long-term renewal, extends a relationship between the two companies that was established in 2001.
Barrett Burns
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Barrett Burns, President & Chief Executive Officer of VantageScore Solutions.
Evolve Money & Discover
Houston-based Evolve Money, the free bill payment app for desktop and mobile devices owned by PreCash, now offers its customers the option to pay their bills with credit cards. Discover is the first credit card accepted for payment using the mobile app, with plans to support VISA and MasterCardin 2015.
NCR Announces Latest Interactive ATM Client Bank
Cadence Bank will install two drive-up APTRA Interactive Teller units from NCR Corporation, which will extend service hours and create friendly and efficient customer experiences. APTRA Interactive Teller ATM-based technology allows people to talk to a live remote teller, while giving the teller remote control over the machine to conduct transactions. Adding an additional 10 hours of branch service each week to a typical financial institution branch can cost as much as $50,000 per year. APTRA Interactive Teller can conduct approximately 95 percent of typical teller transactions over the same timeframe at a fraction of the operational cost. Through its APTRA Interactive Tellers, Cadence can offer secure teller services during non-traditional banking hours and provide full teller services in areas not served by branches.
Cadence Bank Introduces Signature Debit Program
Cadence Bank’s Cadence Bank Debit Card, powered by Discover Debit, offers an enhanced cardholder experience with 24/7 concierge service, lowest purchase price guarantee and fraud protection, as well as a program in which local merchants can participate. For the bank, the new debit rewards program is designed to reduce costs, generate revenue and build customer loyalty. Cadence now offers Buzz Points™, promising a win-win-win solution for its customers, local merchants and the bank itself. More than a loyalty and rewards program, Buzz Points encourages a shop-local movement by uniting consumers, locally owned businesses and financial institutions to support local economies. When Local businesses join the program as Buzz Points Merchants, they have the opportunity to offer bonus points, eLoyalty cards and gift card rewards to Buzz Points users. Through a variety of turn-key, highly targeted marketing activities, including email campaigns, social media integration, and increased web and mobile presence, Buzz Points connects these merchants to the users. Buzz Points consumers increase their local spending with participating Buzz Merchants by 35 percent, and have three times more confidence in local merchants than Big Box competitors, both according to a study commissioned by Buzz Points.
Bluepoint ImagePoint Announces Latest Partnership
Bluepoint Solutions announced Smart Financial Credit Union selected its “ImagePoint” check capture, electronic cashletter processing and check archive solution. Smart Financial Credit Union selected Bluepoint’s ImagePoint Branch, Hub, and Archive solutions after an extensive search. ImagePoint is to provide a complete end-to-end check capture, processing, and archive solution for the credit union that simplifies workflows, improves research capabilities and lowers processing costs.
Wells Fargo Expands Remittance Payout Locations
Wells Fargo & Company expanded its “ExpressSend” remittance network through an agreement with Bancomer Transfer Services and will extend its consumer remittance payout network distribution to seven additional financial institutions. This will include partnerships with banks in the Dominican Republic, Ecuador, El Salvador, Mexico, Nicaragua and Peru. Wells Fargo ExpressSend customers now have 35,800 remittance payout locations to send money to 15 countries in Latin America and Asia.
cMoney and SVX Global Forge Strategic Partnership
cMoney global mobile phone-based payments and money transfers, including the use of the POS and ATM payment systems, partnered SVX Global. This Strategic Partnership Agreement will provide additional and more comprehensive capabilities to each other’s customers globally. cMoney will provide a monetizing solution for SVX Global and in return, SVX Global will provide cMoney with interfaces to offer SVX Global customers centric permission based data sharing as well as a collaborative platform to cMoney customers. The partnership will simplify the process of sharing trusted information for both companies between their customers, whether individuals or small businesses, and their network of trusted service providers. The SVX application provides its customers with the ability to build and automate their financial profile and securely share designated data and documents (incorporating European Privacy Protocols).
cMoney and SVX Global Initiate Strategic Partnership
cMoney global mobile phone-based payments and money transfers, including the use of the POS and ATM payment systems and SVX Global signed a Strategic Partnership Agreement for additional and more comprehensive capabilities to each other’s customers globally. cMoney will provide a monetizing solution for SVX Global and in return, SVX Global will provide cMoney with interfaces to offer SVX Global customers centric permission based data sharing as well as a collaborative platform to cMoney customers. SVX is an enterprise Web 3.0 Suite of Customer Centric application that currently provides its customers and small businesses with a secure portal that has a single login.
cMoney Unveils Beta Solution
cMoney global mobile phone-based payments and money transfers utilizes secure patent pending technology for mobile phone users, retailers, and financial institutions, and announced the latest developments with regard to the completion of our beta product and the finalization of the pending patents. The cMoney beta product is an essential tool to showcase our technology to investors, potential strategic partners, or to form a trust relationship/alliance, with a major industry leader. The cMoney beta product reveals to interested parties; like our previously announced partnership with IBM, that cMoney is a major player and has a working product available to both the prospective partners and to the customers.
cMoney Beta Solution Revealed
cMoney global mobile phone-based payments and money transfers, while using the POS and ATM payment systems, released its latest on its beta product and the finalization of the pending patents. Showcasing its technology to investors, potential strategic partners, or to form a trust relationship/alliance, with a major industry leader, the cMoney beta product received a new round of funding. Major technology leaders have expressed a great deal of interest in the original beta product and were even more excited about the concept of an advanced application. cMoney has contracted with a major international technology developer, to help design and assist in the deployment of the cMoney product. The transaction systems and methods for mobile telephone devices will allow a mobile telephone to participate in payment transactions in a manner that helps prevent identify theft; and without relying on transferring amounts to/from one stored value account to another. The payment application, when executed on the mobile telephone, allows the individual to initiate a payment transaction using the mobile telephone as the payment device in order to incur a charge to a selected payment account without revealing the account number associated with the selected payment account.