How Banks Should Respond to the New Players in Payments March 10, 2014New challengers are proving that banks don’t have all the answers to solving problems in payments, so what should (or can) banks do about them? Barclays Kicks Off Fintech Startup Accelerator December 09, 2013The bank announced a new startup accelerator next year, the first of six it plans to launch over the next three years. ProfitStars Rolls Out Simplified Online Bill Pay July 25, 2013ProfitStars has released new products from iPaySolutions for one-click bill pay and easier deployment of mobile products and services. Financial Security: Learning From DDoS Attacks (Part 2) June 24, 2013With more 7,000 distributed denial of service attacks daily, it’s only a matter of time before even smaller banks and credit unions are targeted. Here are more lessons smaller institutions learn from the big banks. Square Wallet Now Accepted at Starbucks November 08, 2012After the partnership between Square and Starbucks last summer, Starbucks customers can now pay for their coffee in-store with the Square Wallet. 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. 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. Square Will Use GPS to Spread Mobile Payments August 08, 2012Square's new partnership with Starbucks opens the door to intriguing possibilities for using GPS to spread its mobile payments technology. Starbucks Teams Up With Square to Offer New Payments Options at Locations August 08, 2012Starbucks will now use Square to process credit and debit card transactions at its U.S. stores as part of a new partnership between the two companies. Bank of America Sells $10 Billion Worth of Mortgage Servicing Rights June 05, 2012Nationstar Mortgage Holdings Inc. announced today it has reached an agreement with the bank. Sharing Data, Seamlessly and Efficiently January 25, 2012North Dakota-based American Bank Center uses ProfitStars' Optimizer for efficient data monitoring among senior management. In Search of Systems Integration August 23, 2011Seventy percent of any bank system is as close to perfect integration as it gets. Banks and Customers Must Share the Burden to Ensure Secure Financial Transactions May 04, 2011Banks and their customers must share responsibilities to ensure the security, confidentiality and integrity of financial transactions. Starbucks Card Mobile App Could be Tipping Point Toward Mobile Payments Adoption January 19, 2011Drew Sievers, whose company mFoundry powers Starbucks' solution, sees app-based payments as a rallying cry toward future mobile and NFC payments growth. Large Banks to Nurture Startups Through FinTech Innovation Lab December 07, 2010Large NYC banks to provide money, mentoring and advice to each of six financial technology entrepreneurs. DBS Bank To Start Contactless Mobile Payment Trial in Singapore November 29, 20101,000 bank customers will be offered the opportunity to make mobile payments through a small device embedded in their mobile phone. Starbucks Expands Mobile Payment Test to New York City October 25, 2010Customers with BlackBerry Smartphone, iPhone or iPod touch and the Starbucks card mobile app can pay by phone at 300 Starbucks in New York and Long Island.
ProfitStars Announces New Mobile Remote Deposit Capture Solution September 29, 2010ProfitStars, a division of Jack Henry & Associates, Inc., today announced a new mobile remote deposit capture solution, which will be marketed under its Alogent brand. Obopay, STAR Network Launch Real-Time Mobile Payments Service September 08, 2010 BNY Mellon Data Center Wins Energy Star Award August 25, 2010Pennsylvania data center among the first in EPA’s registry of more than 11,000 commercial facilities to receive recognition.