Geezeo Inks Partnership With $ New FCUs

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Geezeo, a leading FinTech firm that offers online financial management (OFM) tools, personal financial management (PFM), and web-based, data-driven marketing platforms to financial institutions, announced that American Greetings Federal Credit Union, Florida Transportation Credit Union, Congressional Federal Credit Union, Wings Financial Credit Union and Linn Area Credit Union, will integrate Geezeo’s…

Details

Dynamics Showcases Cutting Edge Credit Card Device

Dynamics announced its ‘credit card of the future,’ altering consumer’s everyday spending from the typical payment card to an interactive, real-time reward experience. The Dynamics ePlate device is a battery-powered, computerized credit card that allows users to securely and instantly choose from more than 35 reward experiences using two mechanized buttons on the card programmed through a mobile app platform. The card is connected to an ecosystem of experience™ providers that each deliver a unique experience™ reward to the consumer. When making a purchase, a consumer simply presses a button on his/her ePlate™ credit card device to receive the experience™ reward associated with the pressed button. At any time, a consumer may change online the experience™ rewards associated with the different buttons on his/her ePlate™ credit card device. The credit card rewards are called experience™ rewards because experience™ rewards are the first rewards to be delivered instantly, within seconds of a purchase, to the consumer.

Details

Fiserv Implements Aconite EMV Manager

Fiserv implemented Aconite’s Smart EMV Manager solution to further enhance its EMV card processing systems with advanced capability. This provides Fiserv a single solution that could be deployed in a standard way to provide a consistent EMV migration experience for their thousands of card issuing clients in the U.S. Smart EMV Manager will help Fiserv lead the field in EMV capability and introduce value-added EMV services in future. Smart EMV Manager is one component of Aconite’s integrated solution family that encompasses chip card and token lifecycle management, NFC Mobile management and advanced PIN management.

Details

ACI Worldwide Improves Wholesale Banking Solution

ACI Worldwide launched its “Money Transfer System 5.0” wholesale banking solution, designed to give financial institutions flexibility in defining and managing their payment processing flows. This was developed as the result of a large scale collaborative effort between ACI and a number of its customers whose design input and suggestions were included in the final version. Money Transfer System is one of many ACI products in the company’s broader payments platform to deliver on this approach. It also provides Repair Reporting to explain to customers how to correctly format transactions in order to reduce expensive repair activity; SWIFT Network Validation Kit validation on messages received through a back-end interface; and Expanded Global Clearing Channels, expanding the suite of global clearing channels available.

Details

Virtual Piggy Partners SpiritHoods Kids

Virtual Piggy will provide its youth-friendly payment system to the youth oriented sub-brand of SpiritHoods, SpiritHoods Kids. This offers detailed, high quality hoods inspired by the animal world. They have been profiled in Entrepreneur Magazine, Cosmopolitan, and LuckyKids, and are favorites of celebrities such as Khloe Kardashian, Vanessa Hudgens, and Bella Thorne. When you purchase a product from their ProBlue label, SpiritHoods donates 10% off net profits to a non-profit dedicated to the protection of that animal.

Details

Great Western Bank deploys VSoft Image Processing

Great Western Bank selected VSoft’s branch and item capture and image processing solutions. The bank replaced its existing payments platform with VSoft’s branch item capture solution for its ability to allow branch operators to key, balance and reject/repair images at point of capture, rather than defer that work to a central operations area. The bank is also performing inclearing, and transmission of cash letters with VSoft’s image exchange solution. Great Western Bank will also use VSoft solutions to enable image delivery through customer e-statements, CDs or by interfacing directly to home banking systems.

Details

Suncorp Bank Implements FIS Financial Payment Switching

FIS migrated Suncorp Bank onto the CONNEX switching platform for POS transactions, effective 1H/13. CONNEX manages both POS and ATM networks, supports new payment technologies and sustains the bank’s continued roll out of Europay, MasterCard® and Visa® (EMV®), a global standard for inter-operation of integrated circuit cards. CONNEX is a comprehensive solution for ATM and POS terminal driving, transaction acquiring, switching and authorization and leverages a fault tolerant, redundant architecture to provide a robust, high volume, high availability and highly scalable switch processing environment.

Details

Unemployment Rate Up, Holiday Impact Still Helpful

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total payroll employment was up 155,000 in December as the unemployment rate remained relatively unmoved at 7.8% as the number of unemployed crept up to 12.2 million. Those jobless 27 weeks or more was little changed at 4.8 million in December, accounting for 39.1% of the unemployed. Meanwhile, 2.6 million persons…

Details

Charge Payment Buys Trust One Payment Services

Trust One Payment Services has been purchased by Charge Payment. Trust One provides credit and debit card processing services to small- and mid-sized business merchants, primarily in the southeastern United States. The Company currently processes over $700 million in annual charge volume for approximately 2,800 merchants, and its merchant portfolio is diversified across a range of business sectors, with an emphasis on outsourced receivables management and e-commerce. Trust One will continue to operate as a wholly owned subsidiary of Charge Payment.

Details

NCR Acquires uGenius, Enhances Video ATM Technology

NCR Corporation has purchased uGenius Technology video banking software to help it continue to grow its APTRA Interactive Teller solution. This lets consumers conduct remote, assisted-teller transactions over an ATM – speaking with a live teller who has control of the machine, which NCR will pilot for APTRA Interactive Teller throughout 1H/13. NCR and uGenius collaborated to build the first ATM that lets consumers talk and bank with a live, remote teller, which will let banks deliver a face-to-face banking experience for longer hours and offer more services to their customers. NCR also anticipates leveraging other uGenius technologies such as SmartOffice and Online Video Banking to expand the delivery of video banking to multi-channel solutions across NCR Financial Services and other industry verticals. Consumers can now connect and interact with a remote teller in a highly personalized, two-way audio/video experience.

Details