Way2ride, the taxi app by Verifone, says it has changed the way to pay for a cab and is now changing the way we find one.
PULSE debit/ATM network and Busey Bank, a premier provider of financial services, have extended their affiliation through a long-term agreement that includes PIN POS debit and ATM services. This expanded agreement with PULSE ensures that Busey customers will continue to enjoy the convenience of paying at retail POS terminals across the U.S. through PULSE PAY, and have access to a nationwide network of more than 380,000 ATMs.
PULSE debit/ATM network extended and expanded its long-term relationship with Motorola Employees Credit Union (MECU), as MECU’s network provider for PIN debit. This provides MECU’s 39,000 members with access to POS terminals at retail locations across the U.S. through PULSE PAY®, as well as PULSE’s nationwide network of more than 380,000 ATMs. MECU, with 10 branch locations in Illinois, Florida, Georgia, Massachusetts and Texas, has been a PULSE participant since 2007 and chose to expand its relationship with PULSE following a comprehensive review, facilitated by the Illinois Credit Union League Service Corporation, that included a detailed analysis of MECU’s debit program transaction history. The process confirmed that MECU achieves improved debit economics when its PIN debit transactions are routed through PULSE.
Dollar Bank has implemented WAUSAU Financial Systems’ “Deposit 24/7 Mobile” mobile remote deposit capture solution from its Deposit 24/7 Suite. The bank has seen great success, processing nearly 2,500 deposits totaling $500,000 through the solution. A 2011 Celent study notes that approximately 80 percent of surveyed financial institutions are considering a mobile RDC solution, but as a Javelin and USAA study shows, many aren’t taking action. Despite the benefits of the technology for all parties and its “must have” status to keep up with consumer demand and achieve cost savings, several of the 10 largest U.S. financial institutions still aren’t offering mobile RDC to customers. WAUSAU is currently expanding its “Deposit 24/7 Suite” to provide the small and mid-tier business markets a receivables hub that accepts checks and electronic payments for ACH and credit card.