Latisys, a leading national provider of outsourced IT solutions — from colocation to cloud — announced an IT infrastructure services agreement with TrustCommerce, a provider of secure payment and risk management solutions. TrustCommerce provides services to some of the largest HealthCare Providers, Insurance Companies, State Transportation Agencies, Municipalities, and Fortune 100 companies. Offering a wide…
TSYS signed a payments agreement with Huntington Bancshares to develop a platform for the bank’s new line of credit card products. Huntington will offer its cards through its MasterCard partnership. In addition to providing processing services for both the consumer and business cards, TSYS will also provide Huntington with fraud prevention services, card and statement production and customer service support. Huntington has $56 billion in assets and more than 11,000 employees and more than 660 local branches and an array of alternative distribution channels including internet and mobile banking, telephone banking, and more than 1,300 ATMs, throughout its six-state banking franchise.
Citi announced that Michael E. O’Neill was appointed Chairman of the Board of Directors of Citi following its annual meeting of stockholders. O’Neill is the retired Chairman and Chief Executive Officer of the Bank of Hawaii and was previously Vice Chairman and Chief Financial Officer at Bank of America from 1995-1999. Mr. O’Neill earned an MBA from the Darden Graduate School of Business at the University of Virginia and a B.A. in European Civilization from Princeton University.
Fiserv, a leading global provider of financial services technology solutions and the largest provider of business-driven technology solutions for credit unions, announced that Northrop Grumman Federal Credit Union (FCU), an $872 million institution headquartered in Gardena, Calif., selected the Acumen account processing solution from Fiserv with in-house delivery. Northrop Grumman FCU operates 17 branches across…
IronKey extended enterprise management, launched its cloud service and virtualized workspace apps that helps IT transform from a technology operator to dynamic service provider. The new Enterprise Service enables organizations to take advantage of two trends re-shaping IT — Bring Your Own Device (BYOD) and SaaS/cloud applications — to dramatically reduce or eliminate enterprise issued endpoints and supporting infrastructure, operations and maintenance expenses. With the savings gained, IT leaders can shift spending to projects with greater strategic importance and impact on top line growth. The service is designed to work with small, medium and large enterprises that have contractors, remote workers, and remote offices, or large cloud applications users.
Oberthur Technologies shipped over 2.5 million EMV cards to US banks and credit unions and it currently has fifteen active EMV programs in the US. Moreover, it now offers a comprehensive range of EMV payment solutions for contact, contactless and dual interface payment cards and prepaid cards. For this, Oberthur offers EMV-in-a-Box fully integrated EMV migration solution and management program based on best practices gained by Oberthur Technologies’ experience from hundreds of EMV projects worldwide. The EMV-in-a-Box program includes on-site consultation, EMV training, project management and technical support. The migration plan enables EMV cards to be issued within 12 weeks from project initiation.
International trade association Prepaid International Forum (PIF) today announced that Robert Courtneidge, who will shortly join US law firm Locke Lord as Global Head of Cards & Payments, has been elected as Chairman of the forum and will join the Board of Directors. 322 views 0 comments It further announced the appointment of four new…
Capital One Financial Corporation launched its Journey Credit Tracker interactive online credit education tool for “Journey Student Rewards” Credit Card customers. The customized tool powered by Credit Karma offers Journey cardholders free access to their monthly TransUnion credit score and profile in addition to a variety of tools to help them learn about credit. The Journey “Credit Tracker” web site offers students interactive tools that allow them to quickly and easily monitor their credit score and keep tabs on different credit factors impacting their score. Users can also compare their credit score to that of their peers by age or location, and the “Credit Simulator” lets users virtually simulate how certain financial choices will impact their credit score. Journey is designed to help college students build their credit with confidence and reward them for responsible credit use.
RagingWire Data Centers has validated compliance with PCI DSS, for which the assessment was conducted over an extended period of time. RagingWire’s PCI DSS compliance assessment encompassed its two Sacramento data centers (CA1 and CA2) which total over 500,000 square feet of data center capacity. RagingWire makes all auditing and compliance documentation and reports available to customers upon request. RagingWire plans to begin the PCI DSS assessment process at their new VA1 data center in Ashburn, Virginia, upon its completion during Q1 2012
TransFirst, a leading provider of secure transaction processing services and payment enabling technologies, and Equinox Payments, a leading payment terminal and secure applications provider and portfolio company of The Gores Group, announced that TransFirst has completed Class A certification and will market Equinox’s high security M4230 mobile payment terminal to TransFirst’s more than 170,000 merchant and financial institution customers throughout the United States. The high-performance, PCI PED-approved M4230 features long-range GPRS with dial back-up, rigorous security, 32-bit multi-application processing and 24MB of memory that is two to three times larger than similar products to value-added merchant, processor and third-party applications.
Brand Bank has entered into an agreement with Publix Supermarkets to join the Presto! ATM network. Brand Bank customers can enjoy the convenience of surcharge-free access to their accounts at more than 1,000 Presto! ATMs. Brand Bank customers can use their debit card to withdraw cash, make balance inquiries, and transfer funds between accounts.
Geezeo online financial management (OFM) tools, personal financial management (PFM), and web-based marketing platforms to financial institutions, has signed five additional credit unions. To implement Geezeo’s integrated, white label PFM solution and engagement banking platform will be the NavyArmy Federal Credit Union, Texas; Chesterfield Federal Credit Union, Virginia; Ascentra Credit Union, Iowa; Kohlr Credit Union, Wisconsin; and Hiway Credit Union, Minnesota.