Open Solutions Launches Online Banking Solution

Open Solutions integrated enabling technologies for financial service providers launched its “DNAweb” Internet banking solution integrated with the company’s flagship DNA core. The “DNAweb” platform is built for the DNA platform to evolve with the changing needs of consumers and businesses while delivering a superior online experience with the latest Web banking features. Open Solutions created DNAweb with the latest application technology and sophisticated product architecture so the application can evolve with the ever changing online banking environment. The “DNAweb” solution helps banks and credit unions offer a more personalized online banking experience and is designed to deliver the “DNAbillpay” bill pay module.

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Sage Streamlines Payment Processing, Lessens PCI Burden

Sage North America integrated its “ERP X3” business process management software for midsized distributors and manufacturers with its “Exchange” PCI certified payments platform. The Sage “ERP X3” customers in North America using versions 5 or 6 can now use Sage Exchange to process credit and debit card transactions that auto post into their Sage “ERP X3” system in a secure, PCI DSS environment. This is ultimately to help businesses streamline their payments process; increase order and payment accuracy; and deliver an improved customer experience by providing the convenience of accepting bank card payments in an integrated environment.

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Bremer Bank Implements Fiserv Online Banking

Bremer Bank, MN-based regional financial services company, is set to upgrade their current Fiserv online banking platform to Corillian Online and add Checkfree RXP from Fiserv for electronic bills and payments. This will allow Bremer to integrate payment functionality directly into the online banking homepage, a feature that improves convenience for the bank’s clients and drives service usage. Bremer will also deploy Campaign Manager from Fiserv to enable targeted marketing campaigns via its online banking site. In addition to Corillian Online and CheckFree RXP Bremer will deploy Campaign Manager from Fiserv to build and distribute targeted marketing campaigns within the online banking user interface.

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First Financial FCU Deploys Datacard Instant Card Issuance

Datacard Group secure ID and card personalization announced First Financial Federal Credit Union has selected its “CardWizard” issuance software, along with its “FCP 20/20” financial card printers for its instant debit and ATM card issuance program. First Financial Federal Credit Union has implemented the Datacard instant card issuance software and associated hardware in its five branch locations around New Jersey. Immediately after opening a new account or requesting a replacement card, members leave the branch with a permanent, personalized, unembossed and activated ATM or debit card. The CardWizard issuance software transfers the personalization data fully encrypted to the FCP 20/20 financial card printer, which quickly and securely prints in high-definition color onto both sides of white blank card stock.

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Fiserv Shares Steps with Financial Institutions Marketing on Social Media

Fiserv financial services technology solutions, shared key insights into how financial institutions can add social media to their marketing mix at the 2011 BAI Retail Delivery Conference. The Company shared advice on how to monitor the social media conversation, prepare the internal groundwork for a social media launch, tailor the content and frequency of interactions to different social sites, market a social media presence and, lastly, measure results. Steps covered encourage Strategy Development; Listening and Monitoring the Conversation; Laying the Internal Groundwork; Integrating Marketing; and Metrics and Reporting.

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Javelin Names Fiserv Best mBanking Provider

Javelin Strategy & Research has named Fiserv the “Best in Class” mobile banking provider for the second year in a row in its “2011 – 2012 Mobile Banking Vendor Scorecard.” Fiserv attained the highest score of all the providers surveyed and is the only provider to be named “Best in Class” for two consecutive years, demonstrating consistent leadership in this emerging channel. The Javelin report credited key acquisitions of M‐Com and CashEdge by Fiserv for bringing strategic mobile services in‐house.

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Misys Deploys Market Risk Solution

Misys application software and services launched its “Misys Risk” enterprise market risk solution, allowing bank clients to measure, control and manage risk across multiple asset classes, instruments, portfolios and systems. Drawing on its deep expertise in developing risk management and trading systems, Misys has developed a front-to-back enterprise market risk management system designed for risk managers at sell-side and buy-side institutions, incorporating analytics, drill-down capabilities, limit and alert management and reporting. The “Misys Risk” solution leverages existing front-office trading infrastructures, reducing the cost, risk and time of implementation and is designed to work closely with multiple front-office trading systems to provide one dedicated solution for all risk management functions.

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SC Credit Unions Forge Partnership for Free Debit Cards

In South Carolina, 32 credit unions have joined together pledging to keep debit cards free for their members. These banks want it known they believe in providing the best banking experience for their members with as little cost to them as possible. The partnership credo reads; “I pledge to uphold the credit union philosophy of “people helping people” by continuing to offer fairly priced banking services to our members. In addition, I pledge that my credit union will abstain from charging a fee for members to use our debit cards for as long as market conditions allow us to do so.”

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VirtualPiggy Available to eBay Merchants

Virtual Piggy has completed the integration of its “VirtualPiggy” solution into eBay’s “Magento” platform. The “Magento” platform is part of the “X.Commerce” framework from eBay. This gives merchants on the “X.Commerce” framework access to ” VirtualPiggy.” Virtual Piggy delivers a technology platform designed for the management of the Under 18 age group in the global online market with technology allowing online businesses to function in a manner consistent with the Children’s Online Privacy Protection Act (“COPPA”) and similar international children’s privacy laws.

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QNB Expands Installment Program

QNB is partnering with a number of stores in Qatar to offer QNB Credit Card customers with access to 0% financing over six equal monthly installments with its “FlexiPlan” installment option. Applicable to all QNB credit cards, the program is valid at Rivoli watch stores for purchases between 1 October 2011 and 30 April 2012. The QNB “FlexiPlan” is also available at the group’s Tag Heuer and Rado stores at Doha City Center, as well as the Omega store at Landmark. QNB will launch an installment campaign with Jumbo Electronics stores during the period of 15th October till 4th November 2011.

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Aldermore Bank Implements FinArch Compliance

Aldermore Bank has selected “Financial Studio” from FinArch integrated finance and compliance solutions. The lower total cost of ownership (TCO) and flexible end user experience of FinArch’s Microsoft technology architecture convinced the bank to adopt “Financial Studio” for their local regulatory reporting needs. The “Financial Studio” Compliance solution enables banks and financial institutions to meet regulatory demands for stricter compliance, while gaining additional business benefits by improving reporting flows, improving return on IT investment, and turning compliance into a cost-saving exercise.

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PayX International names New SVP, sales

Kieron Abernethy has been appointed as SVP, Sales with PayX International global independent payments knowledge company. With this he will oversee customer growth as it assists the payments community to evolve through a period of unprecedented change. He joins PayX with valuable sales leadership experience in the payments industry with recent roles of Vice President Strategic Sales First Data International for their Financial Business, Managing Director (UK) at NCR Ltd, COO at Moneybox Plc and CEO at Cash4All Ltd. These customer centric roles delivered high growth within the payments marketplace and his prime focus has been working with financial customers to develop their future strategies.

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