The University of Montana Alumni Association (UMAA) and Commerce Bank have come together to offer UMAA members a Visa Signature® rewards credit card. The card offers Signature Rewards with high reward point values, unlimited earnings and bonus point opportunities as well as no annual fee. The University of Montana Alumni Association was founded in 1901 and now serves nearly 100,000 alumni across the country and around the world.
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.
Chase Card Services and Marriott Rewards announced the launch of the Marriott Rewards Premier Visa Signature® Business Credit Card designed for small business owners who travel frequently for business or pleasure. With the Marriott Rewards Premier Business Credit Card, small business owners have the ability to earn accelerated Marriott Reward points on all purchases, accumulate free night stays, and receive automatic Silver Elite Status once they become a cardholder. The card also offers EMV chip-and-signature technology, charges no foreign transaction fees and comes with a variety of travel and business benefits. With the Marriott Rewards Premier Business Credit Card, small business owners have the ability to earn Marriott Rewards points at an accelerated rate. Cardholders will earn thousands of points for different increments spent on the card. The card also comes with travel insurance benefits, including trip cancellation, trip delay, lost luggage, baggage delay and auto collision damage waiver. Additional benefits include purchase protection insurance, including purchase security and extended warranty.
U.S. Bank is extending its award-winning FlexPerks® Travel Rewards program into the business-to-business space with the launch of FlexPerks Corporate Rewards for commercial card programs. The rewards program will be offered as an optional add-on for U.S. Bank’s most popular commercial cards: the U.S. Bank Corporate Travel Card, the U.S. Bank Executive and Executive Platinum Cards, and the U.S. Bank One Card. FlexPerks Corporate Rewards offers organizations and their employees a new way to benefit from spending on cards. Flex points can be pooled at the corporate level to be redeemed at the organization’s discretion, or employees can be enabled to earn the points.
Virgin America announced it will partner with Alliance Data Retail Services, which manages more than 120 private label and co-brand credit programs and is an Alliance Data Systems Corporation business, to launch a new Virgin America Visa Signature® Credit Card and a first-ever Virgin America Premium Visa Signature® Card. Both co-brand cards offer Virgin America guests and Elevate® frequent flyer program members a host of perks to make their travel experience more convenient, flexible and rewarding. Under terms of the multiyear agreement, Alliance Data will partner with Virgin America to provide a full suite of credit and marketing services for the Virgin America Visa Signature Card and will leverage its full suite of acquisition tools along with its marketing and analytics expertise to drive cardholder spend and further support one-to-one customer engagement.
Fiserv announced First National Bank of Long Island (FNBLI)- a client since 1987- implemented its Common Origination Platform to meet its consumer, business and mortgage lending needs. Common Origination Platform from Fiserv is a single-platform solution that gives lenders a holistic view of their borrowers across all lending channels and products, aggregating data in one place regardless of the point of origination or loan type. FNBLI selected an ASP delivery model for Common Origination Platform. FNBLI also relies Fiserv Common Origination Platform and Signature with such solutions as CheckFree RXP, CheckFree Small Business, ConvergeIT, Risk OfficeSM, UChoose Rewards, Debit Processing, PEP+ and the Accel payments network.
Commerce Bank is offering a Visa Signature Rewards credit card to alumni and friends of Southern Methodist University (SMU). The card offers high reward point values and unlimited earnings, as well as no annual fee. Cardholders are able to redeem points for cash, gift cards, merchandise, or travel. Additional Signature rewards and benefits include 24/7 concierge service, exclusive perks, such as special offers on travel, sports, and entertainment, and the Visa Zero Liability coverage. SMU has a current enrollment of more than 11,000 students and an alumni network of more than 100,000 graduates. The SMU Visa Signature card is accepted anywhere Visa cards are accepted.
Fiserv announced that Texas Capital Bank has implemented its “PEP+ ACH” Processing Services to offer an extended processing window to its business customers, and meet the latest NACHA regulatory guidelines, without capital expenditure. PEP+ is an online solution for originating and receiving ACH electronic funds transfers. It is the leader in the industry as more than two-thirds of America’s 14 billion ACH payments annually are processed using PEP+. The new ACH Processing Services from Fiserv enabled Texas Capital Bank to lengthen its deposit cut-off time from 6:30 p.m. to 8:30 p.m. to accommodate the needs of its business customers. In addition to PEP+ and Signature, the total integrated solutions from Fiserv for Texas Capital include, Item Processing, Corillian® Business Online, Branch Source Capture™, EFT, Frontier™ Account Reconciliation and Nautilus®.
New U.S. Bank FlexPerks Visa are invited to try a new m-payment service called U.S. Bank “Go Mobile,” which allows customers to securely pay for everyday purchases with a wave of their iPhone 4 or iPhone 4S. U.S. Bank is introducing the service in Beta with FlexPerks Travel Rewards Visa Signature account holders before introducing it more broadly in 2013. For this, U.S. Bank FlexPerks customers who opt-in for the service will receive a customized U.S. Bank Go Mobile iPhone NFC case along with their new card, accepted wherever Visa payWave is deployed. U.S. Bank “Go Mobile” ultimately lets customers pay for purchases with their iPhone with their FlexPerks card, even when they don’t have the card with them.
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.
BMW Bank of North America is re-launching a new, three-tiered BMW Credit Card program with an expanded Visa credit card collection. The BMW Card, the BMW Signature Card and the BMW Ultimate Card – issued by the BMW Bank targets existing cardholders, introducing them to the new program and, where applicable, inviting them to upgrade to another tier, all without changing their account numbers. Cardholders will have access to a range of premium reward redemption options developed from customer feedback and realigned with the BMW brand, including enhanced point earnings and a broader array of redemption levels.
Fidelity Investment’s Fidelity Rewards American Express Cards- with an earn rate of 2% cash back on purchases when deposited into an eligible Fidelity account- have helped Cardmembers earn cash rewards of over $500 million since inception in 2003. Fidelity gives customers the flexibility to direct different percentages of their cash back rewards into multiple accounts. Feedback from customers about the Fidelity Rewards American Express Cards is being captured via Fidelity’s new online Ratings & Reviews system, where nearly 80 percent of reviewers have rated it a four or a five out of five stars. Praise for the program lauds its simplicity and degree of reward.