Fees On Real-Time Foreign Account Transfers Could Generate $1.1 Billion for Banks, Study Finds May 14, 2013New research from FIS shows that a number of consumers, particularly those that use foreign account transfers, would be willing to pay a fee to get their payments processed in real-time by their primary bank. Real-Time Payments Offers Opportunity to Build Customer Loyalty, Study Finds May 06, 2013Consumers are not only interested in real-time payments, but they’d prefer their primary financial institution to be their real-time payments provider, a recent FIS study suggests. New ACI Platform Aims to Help In Adapting to Change in Payments April 23, 2013ACI Worldwide’s new payments platform targets the difficulty banks are having in updating aging legacy systems to deal with new changes in the payments market. Strategic Allocation of Technology Funds is Critical to Ensuring Maximum ROI March 06, 2013Bank IT spending is expected to grow modestly this year so banks will have to be thoughtful about investing in technologies that provide a better customer experience and reduce costs and inefficiencies. Check Scanners That Detect Fake I.D.'s Help One Bank Fight Fraud January 30, 2013Check scanners from CTS North America have been enabled with technology that detects fake I.D.'s that have helped one community bank secure branch transactions and can authenticate remote check deposits. Fiserv and TOPS Software Make Payment Processing Easier for Property Managers December 20, 2012The two companies have partnered to help automate payments exceptions during payments processing for property managers. Mobile RDC for Commercial Clients On the Horizon December 14, 2012While some banks are still catching up to offer mobile remote deposit capture for retail customers, some banks are already looking to offer it to commercial clients in early 2013. Ready for Real Time: BBVA Compass Up & Running on New Core System November 29, 2012Accenture's Alnova new core banking infrastructure is now running BBVA Compass' checking and savings deposit platform across the bank’s 716 branches Guitar Center Accepts PayPal In-Store November 19, 2012National musical instruments retailer Guitar Center is now offering PayPal mobile and card payments at the point-of-sale. A Complementary Solution to RDC That Helps Financial Institutions Move Paper Depositors to Electronic October 08, 2012Image Cash Letter deposits can help banks quickly process large numbers of remote check deposits and move customers to electronic deposits. Fifth Third Expanding Remote Currency Manager Services September 11, 2012The Cincinnati-based bank is partnering with Loomis Armored courier service to provide its RCM services to more retailers nationwide.
U.S. Bank to Process Electronic Invoices for Order Express' International Money Transfers August 29, 2012U.S. Bank and Order Express have agreed on a new deal for the bank to process electronic invoices for the international payments provider. VeriFone Cashes in on Nigeria's Cash-less Payments Initiative August 23, 2012VeriFone reports receiving 80,000 orders for new payments systems in Nigeria, which is trying to update its payment infrastructure to modernize its economy. Six Banks Choose Fiserv Account Processing Solution August 22, 2012The Cleartouch bank platform is an integrated, end-to-end solution. Square Offers New Monthly Price Rate Following Starbucks Deal August 17, 2012Square introduces a new pricing plan for its clients after last weeks blockbuster deal with Starbucks. ACI Worldwide Introduces Merchant Payments Solution for Mobile Wallets August 16, 2012ACI's Retail Commerce Server now integrates mobile wallet payments into a merchant's existing payments infrastructure.
Global Payments Inc. Acquires Accelerated Payments Technologies August 15, 2012Global Payments Inc. announced today its purchase of Accelerated Payments Technologies, an integrated payments solution provider. New Deal with Starbucks Raises New Issue for Square August 10, 2012The new deal with Starbucks means that Square will have to figure out how to make money processing credit card transactions for small purchases, like a cup of coffee. TruStone FCU Selects Fiserv Account Processing Solution July 20, 2012Acumen is designed to integrate with Fiserv digital services and other products. AJB and First Data Team to Fight Retail Data Breaches March 23, 2012AJB Software Design's payment processing application suite now integrates First Data's TransArmor data security solution to eliminate sensitive cardholder data from the retail environment.