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.
Bluebird Gets Financial Management Tools
American Express this morning announced it will add free personal financial management tools to American Express Serve1 and Bluebird starting this summer. These tools help customers monitor their spending by automatically sorting transactions into categories such as bills, food, fun, shopping and transportation so they can easily track where their money is going. When customers log in to their Serve and Bluebird accounts, they will also be able to create budgets, set spending limits and alerts, as well as set and track financial goals.
Amex Serve Now Sold at Walmart
American Express today announced its full service reloadable prepaid Account, American Express Serve, will be available for purchase at 4,100 Walmart stores nationwide. These Walmart stores will also become a part of Serve’s free cash reloading network. This means Serve customers can now add cash to their Account for free across 19,500 U.S. Walmart, CVS/pharmacy®, and participating 7-ELEVEN® locations.
Trustev Deploys Datameer Analytics for eCommerce ID verification
Trustev has selected Datameer, the leader in Hadoop-based big data analytics, to help deliver insights from Trustev’s identity engine. Trustev uses real-time, online identity verification to prevent fraud in e-commerce transactions by focusing on validating the individual making the transaction, not just the payment method they’re using. The platform delivers individual, real-time decisions using multiple dynamic data sources — behavioral, transactional and social — instead of restrictive rules-based decisioning and profiling. In the 12 months since being founded, Trustev has been named Europe’s Top Technology Startup by the EU Commission and one of Forbes Magazine’s Hottest Global Startups.
NCR POS Powers Stangengrüner Mühlenbäckerei
NCR and dascus are modernizing the point-of-sale (POS) infrastructure of all 109 branches of the German bakery chain Stangengrüner Mühlenbäckerei. The complete solution consists of software and hardware along with services and support provided by dascus. Due to its design, the POS technology enables small and midsized retailers to realize significant energy savings, since it features an energy-saving processor and runs without a cooling fan. With its compact design, the technology is easy to setup and maintain. Its color and branding can be customized according to a retailer’s individual preferences and can be used either as a POS workstation or multimedia kiosk for self-service applications.
Diebold Names Senior VP, Strategic Projects
Diebold, Incorporated (DBD) announced that Stefan E. Merz has been appointed senior vice president of strategic projects, effective Aug. 1. In this role, Merz will be responsible for driving Diebold’s transformation strategy, helping execute on the company’s previously disclosed multi-year realignment plan, and identifying other areas of improvement that will drive future growth. With executive-level experience in strategic development, business intelligence, sales effectiveness and business transformation, Merz has a proven record of driving results and improving profitability in large, global technology companies. Merz held various leadership positions at Hewlett-Packard (HP) Enterprise Group and at Siemens AG, based in Munich, Germany, most recently serving as vice president of strategy and marketing. In this role, he was responsible for defining the organization’s enterprise services strategy and growth initiatives.
Izyi Payments Startup Raises $1.4mm
iyzi Payments announce that they received Series A investment of 1.4 million US dollars. iyzi Payments will use the investment to accelerate the company’s growth in Turkey. iyzi Payments was founded in 2012 with the vision of becoming the leading payment service provider in Turkey. iyzi Payments launched its first product iyzico in April 2013, bringing a completely new and easy approach to implementing card payments for eCommerce companies. With iyzico merchants can host their payment solution themselves and still be PCI-compliant. To customize the payment process, a library of ready-made widgets is available, which can be adapted to the merchant’s own specifications in a fully flexible manner. With iyzico, iyzipayments is taking cutting edge solutions similar to Stripe to the booming Turkish eCommerce market.
SumUp Launches plug and play POS
SumUp, the company that empowers merchants to take debit and credit card payments with their smartphones, has announced the launch of the SumUp Point of Sale Box plug and play package that allows merchants to quickly set up a POS. The Point of Sale Box has been designed by SumUp with the specific needs of small businesses in mind and will give merchants such as cafes, fashion boutiques and beauty stores access to an affordable and easy to use point of sale system. It will include a pre-configured iPad, an iPad stand, a receipt printer, a cash drawer and a Wi-Fi router and can be up and running in less than 15 minutes. The monthly rental price for the box will be €69.95 which includes a 48h turnaround replacement guarantee on any component of the Box as well as a full 30 day money-back guarantee.
iyzico Payments Raises $1.4m Expansion Funding
After launching iyzico payment platform, iyzi Payments announce that they received Series A investment of 1.4 million US dollars. iyzi Payments will use the investment to accelerate the company’s growth. The company founders, Barbaros -zbugutu, a former manager at Klarna, and Tahsin Isin, a former executive at ClickandBuy, inform that they received investment worth 1.4 million US dollars from a group of leading international business angels. With iyzico merchants can host their payment solution themselves and still be PCI-compliant.
Wincor Nixdorf Deploys Software on ATM Network
EMIS ATM network operator will now be using Wincor Nixdorf’s “ProView” software to handle IT service management for its 2000 self-service systems. To significantly improve the availability of the systems and customer satisfaction, EMIS is also anticipating maintenance costs reduction for the ATM network. The “ProView” solution offers EMIS a host of status and event messages and converts them automatically into service orders. On the basis of the detailed information provided, ProView determines whether a technician callout is necessary or whether the fault can be rectified via remote access.
Square 1 Bank Launches Square 1 Asset Management
Square 1 Bank banking partner launched its Square 1 Asset Management. A subsidiary of Square 1 Bank, the firm is a cash management solution designed exclusively for corporations and their institutional investors. Focused on adding value through a client-centered process of understanding risk tolerance and investment objectives and providing individualized investment advice, Square 1 Asset Management offers clients customized solutions tailored to meet their unique corporate cash management needs.