Wolters Kluwer Financial Services Wins CODiE Award

Wolters Kluwer Financial Services regulatory compliance and risk management business announced its “OneFile” document management solution has won the “CODiE Award” in the “Best Document Management Solution” category, as determined by the Software and Information Industry Association (SIIA). As the only peer-reviewed awards program, CODiE awards garner winners superior industry validation of excellence, conveys importance, and calls attention to their innovation and leadership. The “OneFile” solution was one of nearly 400 business software products and services evaluated by third-party SIIA member judges that selected finalists in various categories. SIIA members then reviewed these finalists and voted to help select 31 winners.

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Charles Schwab Launches Brokerage and Banking m-Deposit

Charles Schwab launches mobile deposit capabilities for iPhone users, enabling brokerage and Schwab Bank clients to deposit checks remotely by taking a picture of a check with their iPhone camera. Schwab is one of the only financial services firms to provide its clients the convenience of mobile deposit capabilities and integrated banking and brokerage mobile services, including money transfer. Schwab is also launching its first native application for Android, allowing to transfer balances between Schwab Bank and brokerage accounts, place trades in brokerage accounts, and view balances and account activity for Schwab Bank and brokerage accounts, Schwab 529 College Savings Plans, and Schwab-administered 401(k) and stock option plans.

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Borsa Italiana launches online financial education site

Borsa Italiana launched its “La Finanza per tutti” (Finance for Everybody) virtual space dedicated to financial education for retail investors. The idea stems from the Borsa Italiana’s commitment to serve the needs of small investors by offering an educational tool that will help inform their investment decisions. From the homepage of Borsa Italiana users can access Video, Tools, Publications and Events. The Video Section features lessons and the “Live Market Section” forum. The Tools Section allows users access to free software ranging from trading simulation, risk management and investment strategy. First-time retail investors will be able to use the Publications Section to access teaching guides introducing basic market functions and other Borsa Italiana products. The Events Section provides a showcase for all educational events organised or sponsored by Borsa Italiana. Users will also be able to register for future events.

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PhoneTransact Kicksoff Universal Credit Card Reader

PhoneTransact announced its Universal iOS Credit Card Reader, which attaches to the dock connector on all iOS devices including the current and previous versions of the iPad, iPhone and iPod touch. It uses 3DES encryption to encrypt the cardholder data in the magnetic read head of the device, thereby enhancing PCI compliance as the cardholder data is kept secured until received by the credit card processor. The compatible iMerchant Pro application shows the first and last four digits of the credit card number along with the cardholder name so that the merchant can verify a good credit card swipe.

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Crédit Agricole Subsidiary Commissions Accenture to Intro Processing Platform

CEDICAM payment flow and systems subsidiary of the Crédit Agricole has solicited Accenture’s help in implementing its new IT platform for the Group to process the collection of European payments under SEPA Direct Debit. The platform centralizes SEPA direct debit collections for Crédit Agricole’s several French regional IT payment systems, and processes payment transactions for many of the Group’s banks. It also enables the company to process high volumes of payments more rapidly and cost-efficiently through a single IT platform and accelerates the time it takes to launch new and greater value-added payment products and services.

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Ferratum Implements Fico Analytics

Fico analytics and decision management technology announced the Ferratum Group mobile microlending is set to implement “Model Builder 7.1” to develop more than 100 predictive models to support its growth in 15 countries over the next two years. Ferratum provides short-term, unsecured microloans to borrowers across 15 countries, serving up to 1 million customers worldwide. Ferratum’s modelling team will use FICO Model Builder to build different models for different products and countries, and will explore creating models for different sales channels. The demand to build a high volume of models with a small team drove the selection process, in which FICO Model Builder beat products from SAS and other competitors.

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Citi Commercial Cards Launches Project Card

Citi launched its “Project Card” payment solution from its Commercial Cards Division. Automatically linking project information such as budget, project duration, and project name to a card for improved overall project and budget management, the Citi “Project Card” was developed specifically to manage consulting engagements, new product development and recruiting. The Citi Project Card allows Citi’s commercial card clients to reduce delays from manual invoice and purchase order processing by leveraging the card’s built-in spend controls. When initiating a project, clients simply assign a project name and an overall budget to help automate the project management process.

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mopay Launches Mobile Payments Platform

mopay payment solutions for online merchants introduced its next-generation mobile payments platform with an improved technological base and advanced new features. Merchants can now run mopay on Android, Samsung’s bada, iOS and Windows Phone 7. Adding third-party solutions to support stationary Internet purchases, mobile Internet shopping, in-app billing and everything in between. Features of the new platform include support for all internet-connected devices; support for multiple funding methods; improved integration of carrier services; and simplified integration for merchants.

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192business introduces ID check for e-remittance

192business global ID check technology specialists launched their ID check technologies for the online money transfer market. With their experience of supporting customer acquisition and fraud prevention through years of growth of ecommerce and egaming revenues, 192business is now focusing on supporting the money transfer industry. Early adopters of the 192business technology include WorldRemit, an online money transfer business enabling customers to send money to family and friends back home. WorldRemit use 192business technology to seamlessly verify the identity of its online money transfer customers to prevent fraud and comply with AML regulations.

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Star One Credit Union Implements Tyfone m-banking

Star One Credit Union has forged agreements Tyfone mobile financial solutions to deliver mobile banking services to it members. With direct integration to Star One’s “Fiserv XP2” core, Tyfone gives rapid responses and the direct access to core data offers with progressive mobile banking services to Star One mobile-banking members. Additionally, the partnership with Tyfone allows Star One to offer account aggregation, rate watch, Regulation D counter, mobile remote deposit capture (mRDC), bill pay, and an array of customizable alerts.

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