25 July 2014

Latest Retail banking announcements

 

Fed updates non-cash payments report to include mobile wallet data

10 hours ago  |  673 views  |  0

The 2013 Federal Reserve Payments Study Detailed Report, released today, provides new information on the payments landscape including updated results on the intensity of card use by consumers and businesses; further discussion of previously released information on third-party payments fraud; new estimates of over-the-counter cash withdrawals and deposits at bank branches and wire transfers made by businesses and consumers; and discussion of emerging and alternative payments likely to replace traditional payments such as cash and checks.

 

Square integrates automation service IFTTT to customise business operations

12 hours ago  |  656 views  |  0

Today Square launched an integration with IFTTT (If This Then That). Sellers can now seamlessly integrate their Square data with IFTTT to trigger customized automated actions that streamline business operations and help their day run more smoothly.

 

Visa posts 11% Q3 net income rise

12 hours ago  |  470 views  |  0

Visa Inc. (NYSE:V) today announced financial results for the Company's fiscal third quarter 2014. Net income for the quarter was $1.4 billion, an increase of 11% over the prior year, or $2.17 per share, an increase of 15% over the prior year. All references to earnings per share assume fully-diluted class A share count unless otherwise noted.

 

MoneyGram hires Yogesh Sangle and Andrew Typrin

24 July 2014  |  804 views  |  0

MoneyGram (MGI), a leading global money transfer and payment services company, today announces that two key leaders have joined the company to focus on two strategic growth areas for the Company: emerging markets and self-service channels.

 

Visa invests in LoopPay

24 July 2014  |  926 views  |  0

LoopPay, which provides the world's first mobile payments solution accepted at the vast majority of retail point-of-sale terminals, announced that it has received an investment from Visa Inc., the world's leading global payments technology company.

 

Visa creates Visa Digital Solutions

24 July 2014  |  1079 views  |  0

Visa Inc. (NYSE:V), the global leader in payments, today announced the creation of Visa Digital Solutions, a comprehensive suite of offerings that facilitate secure payments across a broad range of Internet-connected devices and wearables.

 

Airberlin selects Adyen for Sepa direct debits

24 July 2014  |  852 views  |  0

Adyen, the global provider in payment technology, has announced that airberlin, Germanys second largest airline, has chosen Adyen as its payment partner to roll out Single Euro Payments Area Direct Debits (Sepa DD) and to process all card payments globally.

 

ING Vysya names Mindtree strategic digital partner

24 July 2014  |  654 views  |  0

Mindtree, a global technology services company, today announced that it has been selected by ING Vysya, a premier private sector bank, as a strategic digital partner for its next generation mobility program.

 

C Hoare & Co deploys Tsys Prime 4 card-management tech

24 July 2014  |  617 views  |  0

Tsys (TSS) today announced that C. Hoare & Co., a leading independent private bank in the UK, has successfully upgraded to Tsys' Prime 4 card management solution to support the bank's Visa credit and debit card portfolios.

 

LendingTree introduces personalisation platform

23 July 2014  |  790 views  |  0

LendingTree, the nation's leading online loan marketplace, today announced the launch of its all-new personalization platform, providing consumers with completely free credit scores and analysis, access to monthly updates, detailed account insights and proactive, market-based offers to illuminate potential savings opportunities across multiple loan categories.

 

MoneyGram extends Canada Post contract

23 July 2014  |  681 views  |  0

MoneyGram (MGI), a leading global money transfer and payment services company, and Canada Post, Canada's leading provider of electronic commerce and customer communication solutions, have extended their agreement to provide MoneyGram services at Canada Post locations through 2020.

 

Ion Bank signs up for more interactive video tellers

23 July 2014  |  827 views  |  0

Ion Bank, a community bank serving customers in Connecticut, is increasing its use of interactive video technology from NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies.

 

Apply Financial raises capital

23 July 2014  |  733 views  |  0

Apply Financial, the payments validation company backed by True Ventures of Palo Alto, today completed additional funding to fuel its rapid growth and to support its growing rosta of financial and corporate clients.

 

Iris Analytics MD Hanns-Michael Hepp moves to chairman role

23 July 2014  |  566 views  |  0

Hanns-Michael Hepp, co-founder of Iris Analytics GmbH, is moving from his position as Managing Director to Chairman of the Neu-Isenburg, Germany based company that specialises in the prevention and control of electronic payment fraud.

 

Sifma statement on cybersecurity proposals in 9/11 Commission report

23 July 2014  |  762 views  |  0

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, after the 9/11 Commission Report identified cybersecurity as a key area of focus for U.S. security and recommended that Congress should enact cybersecurity legislation to enable private companies to collaborate with the government in countering cyber threats.

 

Fundtech unveils wireless card processing terminal

23 July 2014  |  572 views  |  0

Fundtech, a leader in payments solutions for banks and businesses, has launched Mobilescape VX, a device upgrade for its Mobilescape wireless card processing solution.

 

Avaloq appoints Tecla Solari GM, western and southern Europe

23 July 2014  |  613 views  |  0

The Avaloq group announces the appointment of Ms Tecla Solari as General Manager Western & Southern Europe and member of Avaloq's Executive Board per mid-August 2014.

 

Ffrees taps Contis for money management and card platform

23 July 2014  |  729 views  |  0

Contis Group, one of Europe's leading e-money institutions, has empowered Ffrees to reinvent UK consumer financial services, through the provision of a fully managed, integrated current account with a Visa debit card and loyalty and rewards programme.

 

Tsys Q2 revenue soars

23 July 2014  |  510 views  |  0

Tsys (NYSE: TSS) today reported results for the second quarter of 2014.

 

Canada's Tangerine Bank selects AMP for cheque imaging

23 July 2014  |  844 views  |  0

All My Papers (AMP) announced today that its software application, All My Checks, is in use by Tangerine Bank (formerly ING DIRECT). This Windows-based software application creates correctly formatted Canadian electronic Cheque Image Cash Letter Files for remote deposit to direct clearing banks.

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