Fiserv Announces White Paper on mBanking Adoption

Fiserv financial services technology solutions announced its white paper on how financial institutions can boost mobile banking adoption among consumers. entitled, “Breaking the Mobile Banking Glass Ceiling: Five Factors Will Drive Consumer Adoption,” the paper addresses the question of how to encourage consumer adoption and usage has come to the forefront. When a new technology such as mobile banking is introduced, there is typically a group of early adopters who are eager to begin using the service. According to actual adoption figures from Fiserv, a financial institution can expect about 20 percent of eligible users to begin using mobile banking within 18 months of launching the service. After the 20 percent milestone is reached, adoption typically slows. The challenge lies in breaking this glass ceiling and gaining wider adoption across the entire customer base. It encourages administrators to establish mobile banking as useful; providing access to mobile banking through all devices; help consumers overcome security concerns; foster familiarity for a natural transition across channels; and make mobile banking easy to use.

Details

American Express Expands Savings Program for Mid-Size Companies

American Express expanded its Savings at Work program to include three new partners that will offer select rebates and discounts for mid-size companies, allowing Corporate Card clients to take advantage of special deals from top brands, including Box, Dunkin’ Donuts and Sprint. American Express also announced expansions of current Savings at Work partnerships with Choice Hotels, FedEx, and several of Hilton Worldwide’s brands, including Hilton Hotels & Resorts, DoubleTree by Hilton™ and Embassy Suites by Hilton™. The Savings at Work program is an exclusive benefit of being an American Express Corporate Card client and gives mid-size companies seamless access to pre-negotiated discounts and savings on everyday business spending, including travel, dining, shipping and conferencing services. The program was created in 2002 to help mid-size companies, who often seek but can’t secure the lower rates usually reserved for large corporations, as well as suppliers, who are often looking for ways to better promote their products and services to the middle market.

Details

Headland National Bank Expands on Fiserv Platform

Fiserv financial services technology solutions announced Headland National Bank is implementing its “Common Origination Platform” for consumer and commercial lending. The Platform from Fiserv is a single-platform solution that can provide lenders with a view of borrowers across all lending channels and products, with data in one place regardless of the point of origination or loan type. The “Common Origination Platform” is an enterprise lending solution designed to originate consumer, business and real estate-backed loans. With data about lending customers all in one place, regardless of the point of origination or loan type, financial institutions can reduce risk, gain processing efficiencies and use information more effectively across the enterprise.

Details

Bottomline Technologies Network Serves Over 185,000 Vendors

Bottomline Technologies cloud-based payment, invoice and banking solutions, announced its “Paymode-X” business-to-business settlement network now serves over 185,000 vendors. The “Paymode-X” solution now allows payers to conduct e-payments to the more than 185,000 vendors on the network and take advantage of comprehensive accounts payable automation. It streamlines the reconciliation process, increases predictability of cash flow and enables access to critical business data. Eliminating paper payable processes also presents significant opportunities for cost savings and allows organizations to reduce their environmental impact.

Details

CSI Launches eBanking PFM Solution

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Computer Services, a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, released its new Personal Financial Management (PFM) service for its Internet banking customers. The PFM service delivers consumers a one-stop online location to manage all of their personal finances and accounts within their…

Details

XYPRO to Distribute Voltage Encryption

XYPRO Technology Corporation HP NonStop server security, audit, compliance, and FIPS-validated encryption solutions is set to resell the Voltage SecureData solution suite, to complement its existing NonStop security products. Voltage SecureData is a comprehensive data-centric security solution, uniting end-to-end encryption, tokenization and data masking for the protection — end-to-end – of sensitive information, including data subject to compliance, such as PCI DSS, and without impacting business process, work flow and applications. Leveraging patented technology and solution innovations, including Voltage Identity-Based Encryption™ (Voltage IBE™) and Voltage Format-Preserving Encryption™ (Voltage FPE™), Voltage SecureData is the most comprehensive data protection platform, securing data as it is captured, processed and stored across the variety of devices, operating systems, databases and applications. It is used by corporate enterprises, financial institutions, healthcare organizations, government agencies, utilities, retailers and service providers.

Details

TowerGroup and Axway to Host Financial Services Webinar

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Axway, the Business Interaction Networks company, announced it will host a webinar entitled “Visibility and Operational Risk in Financial Services – If You Can’t See It, You Can’t Manage It” on Tuesday, June 12, 2012. The webinar will be hosted by former TowerGroup analyst Susan Feinberg, who is now director, financial…

Details

Datacard Group to Present at ACT Canada Cardware Conference

Datacard Group announced that Mike Vaselenak, director, instant issuance in Canada for Datacard Group will be speaking at the Cardware 2012: Payment Insights conference in Ontario, Canada. The session, titled “A Roadmap for Instant Issuance” will be held at the Marriott Gateway on the Falls, in Niagara Falls, Ontario, Canada on Tuesday, June 19th. Part of the Technology track, the presentation will outline how card issuers can benefit from instantly issuing EMV®-compliant financial cards. The presentation will also provide real business cases for instant issuance as experienced by other financial issuers. In addition, Vaselenak will discuss industry best practices and the current and upcoming technology options that are available to instant card issuers.

Details

Gemalto Allows Easycard to Deploy Micropayments

Gemalto deployed its next generation multi-application advanced smart cards technology to EasyCard Corporation allowing micropayments on the widely used transport card enjoyed by over 30 million cardholders that ride the metro in the Greater Taipei Area. The new Gemalto Celego card supports both contact and contactless functionalities, allows users to securely check their personal transaction records from the Internet, to make e-payment for government services and to conduct Internet shopping. Gemalto made available its full set of consulting services on specifications, provided operating system development and certification, and advised EasyCard Corporation on the migration path and opportunities to this new high end multi-application product. The Gemalto Celego card has obtained the Common Criteria EAL4+ top level bank security standard certification. This enables EasyCard to meet the Taiwan Financial Supervisory Commission stringent requirements.

Details

Gemalto Discusses Fraud Mitigation at FUNDtech Conference

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gemalto, the world leader in digital security, will speak and exhibit this week at the FUNDtech Insights Conference 2012 presented by FUNDtech and BankServe. The conference hosts two days of educational sessions, product demonstrations and expert presentations on the financial services industry. Gemalto Director of Sales, eBanking Americas, Adam Dolby, is…

Details

Citi Launches Renminbi (RMB) Exporters and Importers Letters of Credits

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Citi has launched Renminbi Letters of Credits for Importers and Exporters (RMB LCs) in Latin America, being a leading bank in Latin America to offer a trade services solution suite available in RMB. This new capability will allow clients in Latin America to issue, receive and settle RMB denominated LCs with…

Details