Payment News

Archive for August, 2010

BankServ to Acquire Assets of NetDeposit LLC from Zions Bancorporation

08.31.2010 · Posted in Check Processing - Check 21 (RDC)

BankServ, based out of Las Vegas, Nevada and a leader in offering payment and banking technology solutions to businesses and financial institutions, today announced that an agreement has been reached for it to acquire virtually all of NetDeposit assets. NetDeposit is a company owned by Zions Bancorporation. The acquisition obviously includes NetDeposit’s remote deposit capture ...

Fiserv Announces Revenue Expansion Solution for Banks and Credit Unions

08.30.2010 · Posted in Banking News

Fiserv, Inc., a global leader of technology software solutions to the financial services industry, today announced a new Revenue Expansion Program which is a type of road-map solution designed to offer help to banks and credit unions that are affected by the new financial regulation: Regulation E. In November of last year, the Federal Reserve put out ...

Intuit GoPayment and mophie marketplace Allows Small Business Credit Card Processing With iPhone

08.26.2010 · Posted in Mobile Payment News

Intuit Inc, a company that provides cutting edge financial management services to small and mid-sized business and financial institutions, and mophie, a company based out of California that produces mobile devices and accessories, announced today that Complete Credit Card Solution, a products that allows businesses to process credit card transactions on the iPhone is now ...

Hypercom Announces HyperSafe Secure EFTSec Server 2.0 Point-to-Point Encryption in the United States

08.25.2010 · Posted in Payment Processing

Hypercom Corporation, a leader when it comes to highly secured electronic payment products, and software solutions, today announced that HyperSafe® Secure EFTSec Server™ 2.0 payment data encryption system for Optimum T4200 (countertop machine) and M4200 (mobile terminal) is available right now for processors and ISO in the United States that are utilizing Tier 4 payment ...

Fiserv Announces Mobile Source Capture Remote Deposit Capture for Mobile Phones

Fiserv, Inc., based out of Brookfield, Wisconsin, one of the worldwide leaders when it comes to providing technology solutions to the financial services industry, today launched a new mobile remote deposit capture technology called Mobile Source Capture for smartphones with a digital camera. Fiserv utilizes Mitek Systems’ Mobile Deposit platform. Mitek Systems was recently granted ...

Complex Community Federal Credit Union Chooses Account Processing Software Portico from Fiserv

08.24.2010 · Posted in Banking News

Fiserv, Inc., one of the worldwide leaders in offering technology solutions to financial institutions, today announced that Complex Community Federal Credit Union, based out of Odessa, Texas, has agreed to utilize Fiserv’s Portico an account processing application. Complex Community Federal Credit Union will be outsourcing their entire technology operations to Fiserv, moving it from in-house ...

First Data Lietuva Uses Compass Plus TranzWare Interchange Products for Payments Processing

08.23.2010 · Posted in Payment Processing

Compass Plus, based out in St. Louis, Missouri, a global payment provider that offers banking technology to retailers, credit unions, and banks, today announced that First Data will be utilizing its TranzWare Interchange solution at Processing Center in Lithuania to enable better settlement and clearing of international transactions. The biggest processor in Lithuania is First ...

Visa and Bank of America Launching Contactless Mobile Payment in September 2010

08.20.2010 · Posted in Banking News, Mobile Payment News

Bank of America, the largest financial institution in the United States, and Visa, the largest payment processor in the world, has plans to start test pilot program next month in New York for Near Field Communication (NFC) mobile contactless payments that will allow consumers to utilize their mobile phone to purchase goods and services at ...

MasterCard Enters Agreement to Acquire DataCash Group for E-Commerce Payment Expansion

08.19.2010 · Posted in MasterCard

MasterCard Incorporated, a company that processes well over 23 billion transactions each year and services businesses, merchants, financial institutions, and cardholders in more than 211 territories and countries from around the globe, today announced that it has entered into an agreement to buy a European e-commerce payment processor called DataCash Group plc for about $520 ...

Regions Bank Introduces YourPix Studio Personalized CheckCards

08.18.2010 · Posted in Banking News

Regions Bank, a financial institution with more than $134 billion in assets, and one of the largest providers of commercial and consumer banking services in the United States, has launched a new product called Regions YourPix Studio® which offers businesses and consumers in the U.S. the ability to personalize their Regions Visa CheckCard. Everybody is ...