Other Breaking News
In today’s CardFlash News Que: SYNCHRONY (FRB); PIVOTAL (Breeders); CSI (IOFM); and TECHNAVIO (india).
Pay & iATS
Pay & iATS says its platform integrates with iATS Payments. This integration enables a new frictionless process for nonprofit fundraising.
mPerks
Meijer announced that its free digital savings program, mPerks, is turning 5 this week and has already set a company record with $100 million in savings to customers this year.
5/3 SU2C
Fifth Third Bank will support Stand Up To Cancer (SU2C) in a promotion giving customers $150, and gives $150 to SU2C when customers open a new Essential Checking Account with direct deposit, and make three online bill payments.
5/3 Payments & Commerce
Fifth Third Bank has created a new payments and commerce solutions division. The new unit will be headed by Randy Koporc as executive vice president and head of Fifth Third Payments and Commerce Solutions.
AIRTAG and KFC Fast Track PayPal mWallet
AIRTAG mobile shopping solutions collaborated with PayPal to bring new seamless features to the KFC Fast Track mobile wallet. Launched by KFC UK & Ireland and AIRTAG earlier this year, Fast Track enables customers to order and pay in advance for their meals before they arrive at the restaurant. Now, Fast Track users can login and check-out with PayPal making the transaction even faster and easier. Customers can create a Fast Track account using their existing PayPal account details by simply entering their username and password bypassing having to enter personal and bank or card details because, like any PayPal transaction, this information is stored securely within their PayPal account. KFC UK & Ireland chose AIRTAG’s AIRSHOP white label mobile wallet solution to launch Fast Track. Fast Track enables KFC customers to order and pay using the website, web app or mobile wallet from anytime and anywhere.
Fifth Third Bank Launches Stand Up To Cancer Debit Card
Fifth Third Bank announced the launch of the Fifth Third Stand Up To Cancer Debit MasterCard. Stand Up To Cancer is a groundbreaking initiative that facilitates scientific collaboration to accelerate innovative cancer research and bring new therapies to patients quickly. The Fifth Third Stand Up To Cancer Debit Card is now available through any of the Bank’s more than 1,300 banking centers and can be used everywhere Debit MasterCard is accepted. A portion of the annual fee and every qualifying card purchase will support Stand Up To Cancer.
Huntington Bank Commercial Card Offers Payables Automation, Rebates
Huntington Bank began streamlining invoice and expense payment workflow processes using the MasterCard-branded Huntington commercial credit card. The card combines online card and data management tools and provides a unique monthly rebate payment. Introduced at a time when total estimated U.S. commercial card spend on indirect and direct purchasing will reach $200 billion in 2013, Huntington is now offering a comprehensive set of products for its award-winning treasury management services. This will improve working capital by paying suppliers but deferring cash outflow for up to 50 days, without a finance charge while rebate payments are available up to 13 months sooner than those provided by typical card issuers with annual or single rate scheduled rebates that usually pay out in February of the following year. Huntington’s monthly tiered rebate measure and payment structure is unique, giving customers the opportunity to more quickly pocket higher returns corresponding with monthly spikes in spend volume during the year.
Huntington Bank Launches Spartans Debit Card
Huntington Bank and Michigan State University Athletics launched the Spartans branded debit card, providing fans who sign up for a Huntington Bank checking account debit card to show their loyalty. The Spartans debit card bears Michigan State University’s Spartan helmet graphic and the Michigan State University athletics wordmark. The debit card can be linked to any of Huntington’s consumer checking accounts including the popular Asterisk-Free Checking®, a checking account without a monthly checking maintenance fee that offers 24-Hour Grace® to help customers avoid overdraft fees. The Spartans debit card launches as Huntington expands into the Lansing area via partnership with Meijer, creating eight in-store branches serving greater Lansing by the end of 2013.
Huntington Partners OPF to Deploy 88 New ATMs at Go Mart
One Point Financial (OPF) ATM operator partnered Huntington Bank, allowing the bank customers to access their accounts with no fee by using ATMs at 88 Go Mart locations. The new ATMs are in addition to the existing 31 Huntington branches and 53 Huntington ATMs. OPF finalized an agreement with Huntington to brand the ATMs. The first ATMs will be placed in Go Marts beginning in early March while all 88 are expected to be placed by mid-March.
Fifth Third Bank Launches mDeposit Service
Fifth Third Bank announced the introduction of mobile deposit functionality for iPhone and Android users. After customers update their Fifth Third Bank, they will then choose the “Deposit Check” icon, take a photo of the front and back of the check, choose the account to deposit the check and confirm the amount. A confirmation will display once the item is accepted. Fifth Third launched mobile banking in 2009 and now offers customers the ability to view account balances and transaction history, pay bills, transfer money between Fifth Third Bank accounts, locate the nearest Fifth Third Banking Center or ATM and make check deposits.
Central Bancshares Implements Fiserv Sales Automation
Fiserv announced Central Bancshares, a $2 billion financial services organization, has implemented its “EnAct” solution to support transparent, relationship-centric approach to business development across all enterprises. The “EnAct” sales automation and management solution from Fiserv can be tailored to meet the specific needs of financial institutions of all types, leverages Microsoft’s powerful Dynamics CRM platform to address the specialized CRM needs of commercial banking, retail banking and wealth management. Using EnAct, Central Bancshares will now have an integrated, adaptable sales management solution that helps bring structure and focus to sales activities as well as increased transparency to sales results. In addition, the bank will have access to the data it needs to help drive significant and sustainable customer acquisition, retention and cross-sales across their enterprise.